[ad_1] Hong Kong CNN — UBS is bringing back its former chief executive, Sergio Ermotti, effective April 5. Ermotti is currently chairman of Swiss Re. He previously served as UBS (UBS) CEO for nine years. The announcement comes about a…
[ad_1] Hong Kong CNN — Asia Pacific stocks fell on Monday, even as regulators across the region sought to assure investors that their money was safe in the wake of a bailout for Credit Suisse and coordinated efforts by global…
[ad_1] London CNN — Switzerland’s biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at stemming financial market panic unleashed by the failure of two American banks earlier this month. “UBS…
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