Credit Suisse Wealth Staff Told to Prep for New Roles

Credit Suisse Wealth Staff Told to Prep for New Roles

Assessment

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Business

University

Hard

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The merger between UBS and Credit Suisse will see UBS taking the lead in management roles, but Credit Suisse staff are encouraged to update their resumes for potential opportunities. Despite significant workforce cuts, the private wealth sector in Asia will be less affected, allowing UBS to strengthen its position against rivals like DBS and HSBC. Future announcements will clarify leadership roles and staff positions, with more details expected by mid-July.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main message to Credit Suisse staff regarding their roles in the merged company?

They are encouraged to apply for management roles.

They should expect a salary increase.

They will be transferred to UBS without any changes.

They should prepare for immediate layoffs.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region's private wealth management is expected to be less affected by the workforce cuts?

South America

Europe

North America

Asia

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How will the merger affect UBS's presence in Australia and India?

It will reduce their presence.

It will lead to closures in these countries.

It will give them a new presence.

It will have no impact.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected to be announced in the next week regarding the merged company?

New product launches

Leadership roles

Salary adjustments

Office relocations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By when is more clarity expected on the positions of 12 to 1500 employees?

By the end of the year

By mid-July

By next week

By the end of the month