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 ...
(Reuters) -UBS plans to continue increasing cash dividends and making share buybacks even as the bank faces tougher capital ...
UBS Group AG Chief Executive Officer Sergio Ermotti said that he won’t make the bank smaller to mitigate the potential impact of future Swiss capital requirements. “Having a global diversified ...
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 ...
UBS Group AG is increasing scrutiny of the sources of client money in its fast-growing Asian wealth hubs, pressing some ...
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 ...
FRANKFURT (Reuters) - The pay package of UBS CEO Sergio Ermotti came in just above 15 million Swiss francs ($17 million) in 2024, Swiss daily Blick reported, not citing where it obtained the ...
ZURICH (Reuters) - Imposing higher capital requirements on UBS as a systemically relevant bank will usher in higher costs for companies and households, the Swiss lender's CEO, Sergio Ermotti, said on ...
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, ...
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