UBS Group's Ermotti Could Stay CEO Until 2027, Bloomberg Reports
--UBS Group Chief Executive Sergio Ermotti committed to stay in the role until the integration of Credit Suisse is complete, meaning he could remain in the position until early 2027, Bloomberg reports, citing the executive's comments at an event in Zurich.
--The CEO's comments follow UBS's recent suggestions that Ermotti's term may be extended beyond the timeline of the merger, Bloomberg reports.
--UBS didn't immediately respond to request for comment by Dow Jones Newswires.
Full story: https://tinyurl.com/3hym678w
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
May 13, 2024 10:54 ET (14:54 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s Happening In the Markets This Week
-
What Does Nvidia’s Stock Split Mean for Investors?
-
It’s Been a Terrible Time for Bonds. Here’s Why You Should Own Them
-
Which AI Stocks Are Turning Hype Into Revenue?
-
Best- and Worst-Performing Stocks of May 2024
-
3 Stocks to Buy and 3 Stocks to Sell in June
-
Markets Brief: Friday’s Job Report in Focus
-
These Stocks Are (Still) Powering the Bull Market
-
Nio Earnings: Revenue and Loss Largely In Line, but Vehicle Margin Missed Amid Price Competition
-
The Best Biotech Stocks to Buy
-
After Earnings, Is Marvell Stock a Buy, a Sell, or Fairly Valued?
-
Nvidia Raised Its Dividend — but There’s a Catch
-
Lululemon Earnings: On Track to Meet Expectations Despite Slowdown In Americas
-
What Is Driving Small-Cap Stock Underperformance?
-
After Earnings, Is Zscaler Stock a Buy, a Sell, or Fairly Valued?
-
ASML Fair Value Raised as Outlook Improves