The bank UBS has announced a new CEO. Sergio Ermotti will return into the post he held between 2011 and 2020.
The current boss, who took over from Ermotti, Ralph Hamers will step down.
The news was released this morning.
The bank says in a statement the change is justified due to the bank’s ‘new priorities’ after the takeover of Credit Suisse.
Swiss hospitals on alert after devastating resort fire
A fire at a bar in the resort of Crans Montana has killed around 40 people and injured more than 100 – most of them seriously.
Guilty of rape, jailed - then deported
It was rape — and a rape marked by cruelty.
US tarrifs cut - for now
New U.S. tariffs on Swiss imports have officially taken effect. But they maybe short lived.
School student accused of Twint theft
It’s thought a student at a Vaud High School has been cashing in.
Yet another scam to be careful of
Switzerland’s Federal Office for Cybersecurity is warning about a growing callback scam targeting bank and payment app users.
Injuries over Xmas soar
Candles, cooking and fireworks make the holidays festive, but also riskier, warns Swiss accident insurer SUVA.
