The bank UBS has announced a new CEO. Sergio Ermotti will return into the post he held between 2011 and 2020.
The current boss, who took over from Ermotti, Ralph Hamers will step down.
The news was released this morning.
The bank says in a statement the change is justified due to the bank’s ‘new priorities’ after the takeover of Credit Suisse.
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Drought alert reaches critical
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Army needs to be better prepared for war
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Swisscom rings up solid profits after price hike
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Ski resorts popular this summer
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