Finance

UBS executive says one item remains in migration of Credit Suisse clients

Published by Global Banking & Finance Review

Posted on February 26, 2026

1 min read

· Last updated: April 2, 2026

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UBS executive says one item remains in migration of Credit Suisse clients
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ZURICH, Feb 26 (Reuters) - UBS has one item remaining in the migration of former Credit Suisse clients onto UBS's system, the Switzerland head of the Zurich-based bank said on Thursday. "We have

UBS nears finish line on Credit Suisse client migration, one step left

UBS–Credit Suisse Client Migration Update

ZURICH, Feb 26 (Reuters) - UBS has one item remaining in the migration of former Credit Suisse clients onto UBS's system, the Switzerland head of the Zurich-based bank said on Thursday.

Final switchover event

"We have another switchover event, where we will transfer the remaining client relationships," Sabine Keller-Busse said.

Who remains to be migrated

Those left to be migrated were mostly the bank's international clients booked in Switzerland, while the transfer of domestic clients had almost been completed, she added.

Executive sentiment on progress

"I have to say, I'm enormously relieved. It's gone really, really well so far."

Systems shutdown timeline

At the end of March, the bank would start turning off Credit Suisse systems and finalise that process by the end of 2026, Keller-Busse said at a finance event in Zurich.

Reporting and editing credits

(Reporting by Ariane Luthi, editing by Thomas Seythal)

Key Takeaways

  • UBS has one remaining switchover to migrate former Credit Suisse clients.
  • Remaining clients are mainly international accounts booked in Switzerland.
  • Migration of domestic clients is almost complete, UBS said.
  • Credit Suisse systems begin shutting down at the end of March.
  • Full integration and system switch-off are targeted by end-2026.

References

Frequently Asked Questions

What is the main topic?
UBS says only one switchover event remains to migrate former Credit Suisse clients to UBS systems, marking the final phase of the post-takeover integration.
When will Credit Suisse systems be turned off?
UBS plans to start shutting down Credit Suisse systems at the end of March, with the overall process targeted for completion by the end of 2026.
Which clients are still to be migrated?
The remaining clients are mostly international accounts booked in Switzerland. UBS says the migration of domestic clients is nearly complete.

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