June 5 (Reuters) - UBS Group AG (UBSG.S) is looking to retain more than 100 Credit Suisse Group AG (CSGN.S) investment bankers across Asia as part of a plan to shore up talent in markets where its rival has a stronger presence, a source with direct knowledge of the matter said.
Bloomberg said that UBS's retention target of more than 100 bankers did not include China.
UBS and Credit Suisse declined to comment on the report.
Credit Suisse also declined to say how many investment bankers it currently employs in Asia.
Reuters last month reported that hundreds of Credit Suisse employees are resigning each week in a sign of the uncertainty gripping the lender while it is being taken over by its larger rival.
Persons:
Sergio Ermotti, Yana Gaur, Jamie Freed, Kirsten Donovan
Organizations:
UBS Group AG, Credit Suisse Group AG, Suisse's, Reuters, Bloomberg News, Bloomberg, UBS, Credit Suisse, Thomson
Locations:
Asia, South Korea, Thailand, Vietnam, India, China, Bengaluru