The Swiss government has hired consultants from Alvarez & Marsal to facilitate its role in the acquisition of failed Swiss bank Credit Suisse by UBS.
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Switzerland
Multinational investment bank UBS has hired Oliver Wyman to guide the integration of Credit Suisse. UBS agreed in mid-March to buy Credit Suisse for 3 billion Swiss francs ($3.35 billion) in stocks.
The incorporation of environmental, social, and governance (ESG) targets into a company’s fundamental strategy has become increasingly widespread in recent years. In Switzerland, seven out of ten companies surveyed have already begun ESG initiatives, according to a survey by Cylad Consulting.
Half a year following its expansion into Switzerland, Eight Advisory has landed in the Netherlands, marking its 9th office across Europe.
Leading global professional services firm Alvarez & Marsal (A&M) is continuing its dynamic business growth in Europe with the opening of its first office in Switzerland, initially focusing on a range of advisory services.