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 reign ...

UBS Group AG is increasing scrutiny of the sources of client money in its fast-growing Asian wealth hubs, pressing some ...

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. UBS is bringing back ...

The Zurich-based lender is using Deloitte and KPMG to help screen client documentation Read more at The Business Times.

Ike Perlmutter, the chairman of Marvel Entertainment who’s had a volatile tenure at Disney, was among the latest round of job cuts at the entertainment giant. By Andrew Ross Sorkin, Ravi Mattu, ...

The morning after the bombshell announcement in March that UBS was buying its failing crosstown rival Credit Suisse to avert a global banking crisis, Sergio Ermotti saw a surprising name pop up on his ...

It’s been just over a year since UBS stepped up to rescue Credit Suisse from a debacle that could’ve tanked the entire global banking industry. Just as the $3 billion deal to buy Credit Suisse was ...

The bank said it is at risk from Switzerland’s plan to increase capital requirements, part of proposed reforms aimed at preventing another Credit Suisse-style meltdown.

UBS Group AG chief executive officer Sergio Ermotti said catching up with Wall Street giants in the US will take time, as the bank seeks to build its product offering in the world’s largest wealth ...

2024 will be the “pivotal” year in the takeover of Credit Suisse by UBS, with the migration of IT systems presenting huge risks as the two megabanks merge operations across more than 50 countries, UBS ...