Veteran investment banker Sergio Ermotti is returning to take the top job at UBS as the Swiss lender prepares for the mammoth task of integrating failed cross-town rival Credit Suisse.
UBS CEO Sergio Ermotti attends the 2019 New Economy Forum in Beijing, China November 21, 2019. REUTERS/Jason Leeas the Swiss lender prepares for the mammoth task of integrating failed cross-town rival Credit Suisse."Without a doubt, he is the right person for the job. He is the Tom Brady of Swiss banking, or European banking. He's the guy you want to right the ship as the executive and then become the chairperson for the longer term.
"The new CEO will have the immediate challenges of cutting staff, reducing Credit Suisse's investment bank, finding other synergies between the two lenders and convincing shareholders about the prospects for the arranged marriage.""We welcome the appointment of Sergio Ermotti and believe that he is right person for the challenging task, given his experience of successfully transforming UBS after the Global Financial Crisis.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
VIEW Sergio Ermotti makes surprise comeback to lead UBS into new eraVeteran investment banker Sergio Ermotti is returning take the top job at UBS , replacing Ralph Hamers who succeeded him in late 2020, as the Swiss lender prepares for the mammoth task of integrating failed cross-town rival Credit Suisse.
Leer más »
UBS names Sergio Ermotti as its new Group CEO, following acquisition deal of Credit Suisse
Leer más »
UBS Brings Back Sergio Ermotti as CEOUBS said its former leader Sergio Ermotti will return as chief executive, as the Swiss banking giant moves into a new era with its takeover of Credit Suisse.
Leer más »
Sergio Ermotti returns as UBS CEO after Credit Suisse dealUBS said its board made the decision as a result of the new challenges it confronts following its agreement to take over Credit Suisse reached earlier this...
Leer más »
Factbox: Five facts about returning UBS CEO Sergio ErmottiSergio Ermotti has been rehired as the CEO of Swiss banking giant UBS to steer its massive takeover of rival Credit Suisse .
Leer más »
UBS turns to ex-CEO Ermotti to steer Credit Suisse takeoverUBS Group AG named former boss Sergio Ermotti as its next chief executive officer on Wednesday, in a surprise move designed to help steer its massive takeover of neighbour Credit Suisse .
Leer más »