{
Sergio Ermotti

People

}
francesco guerrera appointed head of communications at ubs following marsha askins retirement
Francesco Guerrera, previously Global Economics Editor at Breakingviews, will become the new Head of Communications at UBS, taking over from Marsha Askins, who is retiring. Guerrera will oversee internal and external communications, while John McDonald will handle marketing and branding. Guerrera's transition from journalism to corporate communications marks a significant shift in his career as he prepares to relocate to Zurich for his new role in February 2025.
Tippinpoint.ch
United States Dollar Mastercard Inc CHE Sergio Ermotti Marsha Askins John McDonald Beat Schmid Stefan Seiler Francesco Guerrera Show more
Finance & Economy, News Article
05:46 28.11.2024
ubs acquitted of charges in criminal case linked to credit suisse
UBS has been acquitted by the Federal Criminal Court of charges related to money laundering, stemming from its emergency merger with Credit Suisse. The court ruled that prosecuting UBS would violate the presumption of innocence for a deceased former CS employee. However, the Office of the Attorney General of Switzerland may still appeal the decision.
muula.ch
Swiss Franc Credit Suisse UBS AG BGR Sergio Ermotti
TradFi, News Article
21:06 27.11.2024
Christian Mumenthaler appointed President of UBS Center amid controversy
Christian Mumenthaler, recently ousted as CEO of Swiss Re, will take over as President of the UBS Center for Economics in Society at the University of Zurich in 2025, succeeding Kaspar Villiger. His appointment raises eyebrows due to his poor track record at Swiss Re, where he failed to maintain competitiveness against Munich Re and faced criticism for his leadership style, including a lack of accountability and controversial decisions at the Geneva Association.
muula.ch
Swiss Franc Swiss Re AG UBS Credit Suisse CHE Sergio Ermotti Christian Mumenthaler Walter Kielholz Kaspar Villiger Show more
TradFi, News Article
08:31 27.11.2024
ubs plans major outsourcing of back-office jobs amid printing contract changes
UBS is poised to outsource thousands of back-office jobs, starting with document printing, as it partners with Chain IQ and SPS. The Uetlihof printing operations are set to cease by the end of 2025, raising concerns over data protection and potential monopolistic pricing in the specialty printing sector. The move signals a broader trend of outsourcing across various banking functions, with implications for the entire Swiss financial landscape.
insideparadeplatz.ch
Euro Swiss Franc United States Dollar SPS ZKB AS Equity Partners Trendcommerce AG Chain IQ Raiffeisen Ringier CS. Barthoulot-Coaching SNC EY Swiss Re AG UBS CHE Claudio Cisullo Sergio Ermotti Lukas Gähwiler Andreas Schulte Ulrich Körner Marcel Stalder Show more
TradFi, News Article
07:58 27.11.2024
ubs reports record profits driven by wealth management and investment banking success
UBS reported a record net profit of $1.4 billion in Q3 2024, nearly double analysts' expectations, driven by strong performances in Wealth Management and Investment Banking. The bank achieved $800 million in cost reductions and plans to cut 30% of its workforce, aiming for $13 billion in savings by 2026. With a robust capital position and a focus on innovation, UBS is well-positioned to navigate the evolving banking landscape.
Disruption Banking
United States Dollar Microsoft Corporation UBS Capgemini SE Credit Suisse CHE Sergio Ermotti Sundeep Gantori Kubra Khan Show more
TradFi, Market Report
11:32 26.11.2024
ubs center announces leadership change with christian mumenthaler as new president
The UBS Center for Economics in Society at the University of Zurich will see a leadership change as Kaspar Villiger steps down as Chairman of the Foundation Board, with Christian Mumenthaler, former Group CEO of Swiss Re, set to succeed him. Villiger, who played a pivotal role in establishing the center in 2012 through a significant donation from UBS, is praised for his exceptional leadership and commitment to fostering collaboration between science, business, and politics. UBS reaffirmed its support with an additional CHF 27 million donation in 2020 to ensure the center's continued development.
finews.ch
Swiss Franc UBS Swiss Re AG CHE Christian Mumenthaler Sergio Ermotti Kaspar Villiger Ernst Fehr Show more
TradFi, Press Release
09:44 26.11.2024
ubs asset management faces turmoil as ivanovic implements major restructuring changes
Aleksandar Ivanovic, tasked with revitalizing UBS's Asset Management division, faces internal turmoil following the departure of key figure Eric Byrne, which allegedly breached the "key man clause." Under Ivanovic's leadership, the new Unified Global Alternatives (UGA) aims to focus on high-performing assets, while underperformers remain in the Unified Real Assets (URA) division. The restructuring reflects a strategic shift towards private equity and infrastructure, positioning UBS among the top players in alternative investments with $250 billion in assets under management.
insideparadeplatz.ch
United States Dollar UBS CHE Aleksandar Ivanovic Sergio Ermotti Eric Byrne Jerry Pascucci Johannes Rothkranz Show more
TradFi, Market Report
07:59 25.11.2024
ergio ermotti named european banker of the year for credit suisse takeover
Sergio Ermotti has been named "European Banker of the Year" for 2023, recognizing his leadership during the integration of Credit Suisse into UBS. He views this merger as a potential model for future consolidations in the banking sector, despite facing criticism over his substantial salary.
Tippinpoint.ch
Swiss Franc UniCredit S.p.A. UBS Commerzbank AG Credit Suisse CHE Andrea Orcel Sergio Ermotti Marcel Ospel Peter Wuffli Josef Ackermann Show more
TradFi, News Article
07:45 25.11.2024
sergio ermotti named european banker of the year amid cs takeover success
Sergio Ermotti has been named "European Banker of the Year" for 2023, recognizing his leadership during the integration of Credit Suisse into UBS. He views this merger as a potential model for future consolidations in the banking sector, despite facing criticism over his substantial salary.
Tippinpoint.ch
Swiss Franc UniCredit S.p.A. Commerzbank AG Credit Suisse Real Estate Fund Siat CHE Sergio Ermotti Peter Wuffli Marcel Ospel Josef Ackermann Andrea Orcel Show more
Finance & Economy, News Article
06:43 25.11.2024
Sergio Ermotti named European Banker of the Year 2023
Sergio Ermotti, CEO of UBS, prepares to deliver his acceptance speech in Frankfurt after being named "European Banker of the Year 2023." Dressed in a dark suit, white shirt, and blue tie, he expresses that this recognition holds special significance for him.
FAZ.NET
UBS CHE DEU Sergio Ermotti
TradFi, News Article
15:38 23.11.2024
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