On January 9th, at the 24th UBS Greater China Symposium, Chairman Colm Kelleher of UBS Group expressed his views on topics with high market attention. Among them, regarding the integration progress of UBS and Credit Suisse businesses, Dai Helong said, "We have achieved an important milestone and plan to basically complete the integration of UBS and Credit Suisse by the end of 2026. Our strategy remains unchanged, and the acquisition of Credit Suisse has accelerated our strategic advancement. We will adopt the UBS model, rely less on balance sheets and risk-taking, and be based on Swiss values. Our growth goals will focus on wealth management and asset management."
In addition, from a macroeconomic and geopolitical perspective, Dai Helong said, "2024 is still a year full of uncertainty. UBS is in a favorable position with its diversified strategy and strong balance sheet, seizing development opportunities."
Regarding UBS's commitment to the Chinese market, Dai Helong said, "China remains the world's second-largest economy and wealth creation center, as well as an important market for UBS. Our onshore growth strategy remains unchanged. We will continue to leverage our unique advantages to help international investors participate in China, while also assisting Chinese companies and investors to go global."