Retention packages offered to stem a talent exodus after the takeover of its former Swiss rival
UBS flagship office in New York, the US. Picture: BLOOMBERG/ANGUS MORDANT
In a town hall address in Hong Kong on Friday, Iqbal Khan, UBS president for global wealth management, also focused on stabilising the Credit Suisse Asia team and boosting confidence, one of the two sources said. Khan, a former top Credit Suisse banker, held the town hall along with Francesco de Ferrari, Credit Suisse's CEO for wealth management, said the first source and a third person with knowledge of the matter.
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