Executive Moves
UBS’ CEO Resigns, Replaced by Former Merrill Exec
The chief executive of the embattled Swiss bank UBS, Oswald Grübel, has quit after the bank lost an estimated $2.3bn (£1.5bn) in the alleged rogue trading scandal. Sergio Ermotti, the bank's head of Europe, Middle East and Africa, will take over as CEO for now. The bank said it had…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: The Guardian