Jinse Finance reported that according to an internal memo confirmed by UBS, UBS (UBS.N) appointed Christian Wolf (Christian Wolf) as the head of M&A in Southeast Asia. The memo stated that Wolf will continue to lead the Southeast Asia Global Industries Group division team until a replacement is found. Earlier, at an event in Bern, UBS Chief Executive Stefan Andersen also warned of painful job cuts after completing his takeover of Credit Suisse, which he said he hoped to formalize in the next few days. An Sijie said that he hopes to complete the acquisition of Credit Suisse in the next few days. At present, UBS has received approval from more than 170 regulatory agencies.