UBS Group AG is likely to cut Credit Suisse Group’s $10 billion shipping portfolio it inherited in an emergency takeover on Sunday, the Wall Street Journal reported on Wednesday.

UBS may also try to sell the portfolio, but that could prompt owners to move their accounts elsewhere, the WSJ reported, citing people familiar with the matter.

About half of the shipping portfolio includes Greek shipowners who use their deposits in the bank’s asset management department as collateral to finance new ships, the report added.

“Our wealth management business in Greece is an integral part of our strategy in the European region and we want to develop it, having recently announced the appointment of a new market head to support these ambitions,” UBS said in a statement emailed to Reuters.

Credit Suisse did not immediately respond to a request for comment.

Last week, Swiss authorities announced that UBS had agreed to buy rival Credit Suisse in a merger aimed at curbing a crisis of confidence spreading across the global banking system, Reuters writes.