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CS UBS takeover

Merger of CS and UBS

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Here you will find all the information from the Swiss Bank Employees Association (SBEA) on the integration of Credit Suisse into UBS.

Since the takeover of Credit Suisse by UBS was announced on March 19, 2023, the Swiss Bank Employees Association has emphatically made three demands:

  1. The aim is to preserve as many jobs as possible.
  2. Credit Suisse employees must be treated in the same way as UBS employees.
  3. Special protection is needed for older employees.

One year later, the Swiss Bank Employees Association is satisfied that its demands have been met and congratulates the two staff committees on their successful negotiations.
One important step is a uniform social plan that has applied to all Credit Suisse and UBS employees since January 1, 2024.

The Swiss Bank Employees Association is satisfied that its demands have been met and congratulates the two staff councils on their successful negotiations. The Association would like to thank the two banks for meeting their social responsibilities even in this situation.

The overarching goal remains to retain as many jobs as possible in Switzerland.

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