UBS scouting for new top boss with Sergio Ermotti to exit next year Banking UBS Group is on the hunt for a new chief executive with the banking giant’s current top boss lined up for an exit next year. Sergio Ermotti, who has led the near-£112bn bank since he was rehired in 2023, is expected to depart in April 2027. The veteran financier had pledged to lead UBS “at [...]
UBS boss says bank is in ‘second phase’ of Credit Suisse merger that will ‘not change anything’ Banking Ermotti is set to announce a strategy for the merged banks in February but is battling high costs as he winds down Credit Suisse’s unprofitable businesses while fully integrating its key Swiss banking unit.