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SWITZERLAND
RTXH34K 
December 08, 1997 
Mathis Cabiallavetta (L), President of the Group Executive Board of the Union Bank of Switzerland (UBS)... 
Mathis Cabiallavetta (L), President of the Group Executive Board of the Union Bank of Switzerland (U..... 
Mathis Cabiallavetta (L), President of the Group Executive Board of the Union Bank of Switzerland (UBS) and Marcel Ospel Group Chief Executive Officer of the Swiss Bank Corp. (SBC) share a joke prior to a press conference in Zurich, December 8. UBS and SBC announced on Monday that they are to merge creating one of the world's biggest financial groups. 
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