Sergio Ermotti

ZURICH: UBSannounced Monday it had finalised the takeover of its former rival Credit Suisse, clearing the way for the Herculean task of integrating two of the world's most important banks.The mega-merger of the biggest banks in Switzerland…

ZURICH: Swiss banking giant UBS announced on Tuesday that Credit Suisse chief executive Ulrich Koernerwill join its executive board following the takeover of its fallen domestic rival.Koerner will be the only executive from Credit Suisse…

Last Updated: April 19, 2023, 02:21 ISTCredit Suisse had already suffered from the withdrawal of an unprecedented 110.5 billion Swiss francs during the last quarter of 2022. (File Photo) Credit Suisse will now unveil its first quarter…

Incoming UBS Chief Executive Sergio Ermotti has sought to ease worries about the size of the new bank being created by its takeover of Credit Suisse.Critics have voiced concern about the forced deal, designed to help secure financial…

Hong Kong/London CNN  —  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…

Newly appointed Group Chief Executive Officer of Swiss Bank UBS Sergio Ermotti, (R), UBS Chairman Colm Kelleher (L), speak during a news conference in Zurich, Switzerland Wednesday, March 29, 2023. | Photo Credit: AP UBS Group AG has…