TL;DR CNBC

UBS overhauls wealth management leadership in wider board shake-up

Publishing timestamp: 2024-05-30 03:37:39

Summary

UBS announced a shake-up of its executive board as part of a radical overhaul following its takeover of Credit Suisse. The new appointments signal the bank's future direction as it prepares for the replacement of outgoing CEO Sergio Ermotti. The bank is focusing on sustainable, strategic growth in the Americas and Asia-Pacific regions.

Sentiment: NEUTRAL

Tickers: UBSG-CH,  UBS, 

Keywords: ubs group ag,  banks,  business,  business news, 

Source: https://www.cnbc.com/2024/05/30/ubs-overhauls-wealth-management-leadership-in-wider-board-shake-up.html