Will have 'incredibly high bar' for Credit Suisse staff we take: UBS

UBS Chairman Colm Kelleher has said the bank will have an "incredibly high bar" for investment banking staff it takes on from Credit Suisse following their merger. Kelleher said he wants to maintain the culture at UBS following the takeover, adding Credit Suisse was "out of control". "We are worried about 'cultural contamination'," he added.