ICYMI: The forced acquisition of scandal-ridden Credit Suisse by its rival UBS in June this year has raised concerns about "cultural contamination" as thousands of Credit Suisse employees are absorbed into the acquiring organization.
"We are worried about 'cultural contamination,'" said UBS Chairman Colm Kelleher at the bank's general meeting in May. "We are going to have an incredibly high bar for who we bring in to UBS."
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