: UBS brings back Ermotti to lead Credit Suisse integration

by | Mar 29, 2023 | Stock Market

UBS on Wednesday decided it would let a Swiss national guide the integration of its two banking heavyweights. UBS UBS CH:UBSG announced that effective on April 5 it will bring back former chief executive, Sergio Ermotti, to his former role, replacing Ralph Hamers, who is Dutch, after reaching a deal to buy Credit Suisse. Ermotti, who ran UBS…

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