Centuries-Old Swiss Banks for Wealthy May Finally Merge Patrick Winters and Edward Robinson – Bloomberg Resurgent UBS and Credit Suisse fueling competitive pressure; More deals may follow Vontobel purchase of Notenstein La Roche For years, Swiss private banks largely resisted the temptation to merge with rivals. Often run by proud families, few wanted to let go of their independence or dilute their legacies. While local giants UBS Group AG and Credit Suisse Group AG went through painful reorganizations, smaller banks had time to continue with business as usual, even winning over disaffected clients from the wealth-management powerhouses. /jlne.ws/2sqCMYi