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UBS is bringing back its former chief executive, Sergio Ermotti, to manage the hugely complex and risky task of completing the bank’s emergency takeover of rival Credit Suisse .. The surprise ...
UBS named Sergio Ermotti as its new Group CEO on Wednesday, following the recent acquisition of Credit Suisse. The move will be effective April 5, UBS said in a statement. Shares of UBS were up 2% ...
UBS said it will bring back former CEO Sergio Ermotti to lead the Swiss banking giant — a surprise move following its $3.2 billion takeover of distressed rival Credit Suisse.. Ermotti, 62, whose ...
UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse - a surprise move to take advantage of the Swiss banker's experience rebuilding the bank ...
Sergio Ermotti returns as UBS CEO after Credit Suisse deal. Published: March 29, 2023 at 1:57 a.m. ET. Share. Resize. Listen (1 min) A picture taken on December 13, 2021 shows a sign of the Swiss ...
This is why Ermotti’s 100-day action plan as the CEO combining the entities will most likely involve shocking the Credit Suisse people by folding them into UBS’s culture.
Sergio Ermotti, who previously ran UBS for nine years, will return as the Swiss bank moves into a new era following the $3.2 billion agreement.
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UBS CEO Sergio Ermotti: Expect to see a rationalization of existing banking regulation under Trump - MSNUBS CEO Sergio Ermotti joins 'Squawk Box' to discuss the state of the global banking industry, impact of the incoming Trump administration, banking regulation in the U.S., state of UBS-Credit ...
UBS is bringing back its former chief executive, Sergio Ermotti, effective April 5, to steer the group through its unplanned takeover of rival Credit Suisse. CNN values your feedback 1.
Sergio Ermotti was UBS’s CEO from 2011 to 2020. MICHELE LIMINA/AFP via Getty Images. Swiss bank UBS said today (March 29) Sergio Ermotti, its former chief executive between 2011 and 2020, will ...
The move will be effective April 5, UBS said in a statement. Shares of UBS were up 2% at the open. Ermotti — who was group CEO at UBS for nine years from November 2011 to October 2020 — will ...
Ermotti was UBS CEO between 2011 and 2020 and is credited with successfully overhauling the bank following its bailout during the 2008 financial crisis. He is seen as a safe pair of hands capable ...
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