UBS brings back Ermotti as CEO with Credit Suisse deal ahead

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UBS said Wednesday that it's bringing back former CEO Sergio Ermotti to lead the Swiss bank as it executes a government-orchestrated plan to take over struggling rival Credit Suisse.

Newly appointed Group Chief Executive Officer of Swiss Bank UBS Sergio Ermotti arrives for a news conference in Zurich, Switzerland Wednesday, March 29, 2023. Newly appointed Group Chief Executive Officer of Swiss Bank UBS Sergio Ermotti arrives for a news conference in Zurich, Switzerland Wednesday, March 29, 2023.

GENEVA — UBS said Wednesday that it’s bringing back former CEO Sergio Ermotti to lead the Swiss bank as it executes a government-orchestrated plan to

 

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