CCP News: UBS's crisis-era chief executive returns to oversee Credit Suisse deal - latest updates - 29th Mar 2023, 5:52pm

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Sergio Ermotti will return to his former role as UBS chief executive in April - FABRICE COFFRINI/AFP via Getty Images

UBS has rehired its former chief executive as it works out how to navigate its mammoth rescue of rival Credit Suisse.

Sergio Ermotti was a key figure in rebuilding the banking sector after the financial crisis during his time as UBS boss from 2011 to 2020.

His immediate challenges in his second stint as chief executive will be laying off thousands of staff, cutting back Credit...

>>> Read more: UBS's crisis-era chief executive returns to oversee Credit Suisse deal - latest updates
 
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