Published 1 year ago

UBS names Sergio Ermotti as new Group CEO, following acquisition of Credit Suisse

Summary by Ground News

Sergio Ermotti named UBS Group AG's next chief executive officer. Move designed to help UBS steer its massive takeover of neighbour Credit Suisse. He will replace current Chief Executive Ralph Hamers from April 5.

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The Guardian

UBS brings back former chief to oversee Credit Suisse takeover

Sergio Ermotti, who stepped down in 2020, will rejoin Swiss bank as it prepares to absorb troubled rival

1 year ago·London, United Kingdom

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Reuters

Sergio Ermotti returns as UBS CEO to steer Credit Suisse takeover

UBS Group AG 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 after the global financial crisis.

1 year ago·United Kingdom

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Associated Press News

UBS brings back Ermotti as CEO with Credit Suisse deal ahead

GENEVA (AP) — UBS said Wednesday that it's bringing back former CEO Sergio Ermotti to lead the Swiss bank as it executes a government-orchestrated plan to take over struggling rival Credit Suisse .

1 year ago·United States

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abc News

UBS brings back Ermotti as CEO with Credit Suisse deal ahead

UBS says it’s bringing back former CEO Sergio Ermotti to head the Swiss bank as it moves forward on a government-orchestrated plan to take over struggling rival Credit Suisse

1 year ago·United States

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CNN

UBS brings back Sergio Ermotti as CEO after Credit Suisse rescue

UBS is bringing back its former chief executive, Sergio Ermotti, effective April 5, to steer the group through its unplanned takeover of rival Credit Suisse.

1 year ago·Atlanta, United States

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Irish Independent

UBS brings back Sergio Ermotti as CEO to oversee Credit Suisse deal

UBS Group AG is bringing back Sergio Ermotti as chief executive officer to oversee the complicated acquisition of Credit Suisse Group AG, replacing Ralph Hamers after a tenure that lasted just over two years.

1 year ago·Ireland

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