UBS Plans to Move Credit Suisse Staff Out of Canary Wharf Office
- UBS to exit ‘number of floors’ in former Credit Suisse offices
- The Canary Wharf neighborhood has been stung by departures
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UBS Group AG is planning to move some Credit Suisse staff out of the latter firm’s offices in London’s Canary Wharf as part of plans by the Swiss banking giant to integrate its former rival.
The workers will be relocated to UBS’s offices at 5 Broadgate in the City of London, according to a memo to staff on Tuesday. As a result, the company will exit “a number of floors” in Credit Suisse’s former offices at One Cabot Square.