UBS Chief Executive Sergio Ermotti on Friday warned of painful decisions about job cuts following the takeover of Credit ...
UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and he did not think outflows at the embattled bank were continuing. Addressing the Swiss Media ...
Separately, some holders of Credit Suisse AT1 bonds wiped out by the merger instruct lawyers to represent them for possible ...
ZURICH: UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse - a surprise move that seeks to take advantage of his experience in rebuilding the ...
Credit Suisse and the entire banking industry," said UBS CEO Sergio Ermotti, who was brought back to the bank to help see the deal through. “Together we will solidify and represent the Swiss ...
UBS is reportedly considering delaying its financial results from July 25 to late August due to the complex issues involved ...
UBS is poised to finalize its acquisition of Credit Suisse, with a potential completion date in sight. Here's the latest the ...
Sergio P. Ermotti has been Group CEO of UBS Group AG and President of the Executive Board of UBS AG since April 2023. He was already the Group CEO of the firm from 2011 to 2020. He re-joined UBS from ...
UBS CEO Sergio Ermotti largely leaned on UBS executives in pulling together his new team. Some media had speculated that a number of Credit Suisse bankers would take up senior roles at the new group.
Credit Suisse posted a profit of CHF 12.43 billion for Q1 of 2023. UBS CEO Sergio Ermotti said that the Swiss government and central bank would avoid taking a financial hit from the emergency rescue.
"We won't be able to create, short term, job opportunities for everybody. Synergies is part of the story," Ermotti said at an ...
Sergio Ermotti, newly rehired CEO of UBS Group AG attends a news conference in Zurich, Switzerland March 29, 2023. REUTERS/Stefan Wermuth LUZERN, Switzerland, May 12 (Reuters) - UBS (UBSG.S ...
