Sergio Ermotti returns as UBS CEO after Credit Suisse deal

UBS Group AG stated Wednesday that it has determined to nominate Sergio P. Ermotti as its new chief government changing Ralph Hamers, and stated the change is a results of its deliberate acquisition of rival Credit Suisse Group AG.

The appointment of Mr. Ermotti–who was UBS’s UBS CH:UBSG CEO within the aftermath of the worldwide monetary disaster and stepped down in 2020 after 9 years within the position–will turn into efficient on April 5, the financial institution stated.

Mr….

Source web site: www.marketwatch.com

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