UBS Group AG is liquidating two invoice finance funds with exposure to First Brands Group, an early sign of how large financial institutions are dealing with the fallout from the bankrupt auto-parts ...
Shortly after news of the mega merger with troubled lender Credit Suisse broke on a Sunday night, UBS chief executive Ralph Hamers found himself explaining the rationale of a deal that fundamentally ...
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 ...
UBS CEO Sergio Ermotti discusses earnings, the bank's exposure to credit risks following the collapse of US auto parts ...
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 UBS-N 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 ...
THERE IS AN ADAGE ON WALL STREET: "IT'S BETTER TO BE LUCKY THAN GOOD." And if ever there was a banker with luck on his side it's Sergio Ermotti, the suave, impeccably dressed global chief executive of ...
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 (CS). The surprise ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Switzerland’s Sergio Ermotti has replaced Dutchman Ralph Hamers as chief executive of UBS only 10 days after ...
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, ...
We’ll send you a myFT Daily Digest email rounding up the latest UBS Group AG news every morning. UBS has ousted its chief executive and brought back former boss Sergio Ermotti to steer the takeover of ...