SIX announces a leadership change as CEO Jos Dijsselhof departs for a new opportunity in the Middle East, effective January 1, 2025. He will be succeeded by Bjørn Sibbern, currently Global Head Exchanges, who has a background with Nasdaq and E*TRADE. Dijsselhof will remain until February 2025 to ensure a smooth transition.
UBS's influence over the Swiss stock exchange SIX deepens as it advises and finances its acquisition of UK trading venue Aquis for approximately 235 million Swiss francs. With UBS owning about 35% of SIX, questions arise regarding the exchange's independence amid past losses from international expansions. The complexities of this consolidation highlight the intertwined nature of Switzerland's financial landscape.
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