UBS has announced that it will not be selecting an external candidate to succeed CEO Sergio Ermotti. Instead, the bank plans to choose from a shortlist of three internal candidates. In other news, UBS's Asia Pacific president indicated that the majority of job cuts in the region have been completed as the bank nears the end of its merger with Credit Suisse.
🔵 TOP EXEC SFORZA TO BE APPOINTED BENETTON CEO - SOURCES Full Story → https://t.co/XU6h0K3Pba Italian executive Claudio Sforza has been chosen as chief executive of loss-making clothing group Benetton, replacing outgoing Massimo Renon, two sources close to the matter said on… https://t.co/UicjfZltUH
UBS's Asia Pacific president signaled that most of the bank’s job cuts in the region are over as it nears the completion of its merger with Credit Suisse https://t.co/lwWDjatXlu
EDMUND KOH ON UBS ASIA PACIFIC PRESIDENCY
🔵 UBS RULES OUT EXTERNAL SUCCESSOR TO ERMOTTI AS CEO, FT REPORTS Full Story → https://t.co/BoIGDwiu1o UBS has ruled out appointing an outsider as the successor to CEO Sergio Ermotti, and plans to choose from a shortlist of three internal candidates when he steps down in about… https://t.co/YWvPLfzifK
UBS rules out external successor to chief Sergio Ermotti https://t.co/iEaS8W1yQe