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UBS has launched a new unit called strategic insights and advisory, which combines employees from UBS and former Credit Suisse staff. This unit will focus on providing data and strategic advice to clients in the investment bank. The new team will bring together the teams of UBS’s strategic insights group and Credit Suisse’s corporate insights unit.
This move comes as UBS faces the challenge of integrating thousands of Credit Suisse employees and making tough decisions on cost-cutting. The aim is to provide clients with complex data sets and valuable insights to support their investment banking needs.
By combining the expertise of both banks, UBS hopes to enhance its offerings and provide a comprehensive range of services to its clients. The strategic insights and advisory unit will play a crucial role in delivering data-driven solutions and strategic guidance to help clients make informed investment decisions.
This initiative demonstrates UBS’s commitment to staying competitive in the investment banking sector and leveraging the strengths of both banks to deliver value to its clients. The launch of this new unit marks an important step in UBS’s strategic growth plans and reinforces its position as a leading player in the industry.