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Sergio Ermotti returns as UBS CEO after Credit Suisse deal.

1 min read
Source: CNBC
Sergio Ermotti returns as UBS CEO after Credit Suisse deal.
Photo: CNBC
TL;DR Summary

European stock markets were up, with banks and tech stocks leading the gains. UBS shares rose 2.6% after the bank announced Sergio Ermotti would return as group CEO from April 5, following the recent acquisition of Credit Suisse. The move is expected to rebuild trust in the banking sector. However, doubts remain for investors regarding the overall health of the banking sector and the global economy.

Topics:business#banking-sector#european-stock-markets#finance#global-economy#sergio-ermotti#ubs
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  1. Europe stocks rise; UBS up 2.6% after bank announces Ermotti to return as CEO  CNBC
  2. UBS Names Sergio Ermotti as New Group CEO  Bloomberg Television
  3. UBS brings back Sergio Ermotti as CEO after Credit Suisse rescue  CNN
  4. Sergio Ermotti returns as UBS CEO to oversee Credit Suisse takeover  CNBC
  5. UBS Brings Back Former CEO Sergio Ermotti After Credit Suisse Deal  The Wall Street Journal
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