UBS CEO Sergio Ermotti: CS takeover was unnecessary:
If it hadn't been taken over by UBS, we would have a CS the size of a cantonal bank today ...
tagesanzeiger.ch/ubs-ceo-sergio-ermotti-cs-uebernahme-war-unnoetig-454791663068
Paid articlePaywallStory Details
| Last Updated | |
| Total Articles | 1 |
Main Topics
Similar to This
Previous
UBS makes clearest threat yet that it could leave Switzerland: The chief executive, Sergio Ermotti, made the remarks amid concerns over new capital rules ...
thetimes.com/business/companies-markets/article/ubs-makes-clearest-threat-yet-that-it-could-leave-switzerland-2xrzxpks8
Paid articlePaywall
UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch
cnbc.com/2026/07/29/ubs-earnings-ai-correction-stocks-swiss-bank.html
UBS CEO Ermotti: Email about CS collapse and fear in Bern: Three years after the CS bailout, Sergio Ermotti speaks out. Internally to his employees ...
bilanz.ch/unternehmen/ubs-chef-ermotti-mail-zu-cs-untergang-und-angst-in-bern/ebdths4
UBS: Sergio Ermotti will remain CEO longer than expected: UBS intends to retain its CEO, Sergio Ermotti. The Ticino native is also expected to definitively ...
handelszeitung.ch/geld/ermotti-muss-die-ubs-auch-durch-den-kapitalstreit-mit-dem-bund-fuhren-913167
UBS cuts jobs: Credit Suisse integration completed: The integration of rival Credit Suisse is proceeding largely without problems and will be completed shortly ...
faz.net/aktuell/wirtschaft/unternehmen/ubs-streicht-stellen-credit-suisse-integration-abgeschlossen-110831099.html
UBS posts 74% jump in third-quarter profit, beating expectations: Swiss banking giant UBS on Wednesday reported stronger-than-expected third-quarter net profit ...
cnbc.com/2025/10/29/ubs-earnings-q3-2025.html
Reshuffle at the top of UBS: Vice President Lukas Gähwiler steps down: UBS Vice President Lukas Gähwiler (60) is leaving. The only Swiss member of the bank's ...
handelszeitung.ch/unternehmen/vizeprasident-lukas-gahwiler-tritt-zuruck-874221
Court ruling on CS's AT1 write-down: Key questions and answers: The Federal Administrative Court ruled that the write-down of subordinated AT1 bonds during ...
nzz.ch/wirtschaft/wer-muss-zahlen-was-das-gerichtsurteil-zum-fall-credit-suisse-fuer-bund-glaeubiger-und-die-ubs-bedeutet-ld.1907182
OpinionThe hammer blow ruling in the Credit Suisse case leaves room for much speculation
nzz.ch/meinung/nach-dem-hammer-urteil-zum-fall-credit-suisse-ist-das-feld-fuer-spekulationen-weit-offen-ld.1907064
UBS and the equity capital debate: the ABCs of the new banking rules: The battle over UBS's capital adequacy ratio begins. The Federal Council wants to implement ...
nzz.ch/wirtschaft/der-bundesrat-fordert-mehr-eigenkapital-fuer-die-ubs-doch-wieso-eigentlich-das-abc-der-banken-debatte-ld.1903997
UBS allegedly considering moving headquarters to the US: Rumours of UBS moving to the United States have resurfaced, just as the Swiss Senate is due to take up ...
swissinfo.ch/eng/workplace/ubs-allegedly-considering-moving-headquarters-to-the-us/90006046
Ermotti versus Keller-Sutter: Why UBS, as CS's savior, is alone in Bern: Switzerland was already struggling with the capitalization of major banks after the ...
nzz.ch/wirtschaft/sie-haetten-ein-danke-schoen-fuer-die-cs-rettung-erwartet-doch-jetzt-nimmt-die-politik-die-ubs-chefs-hart-dran-warum-die-grossbank-in-bern-keine-freunde-mehr-hat-ld.1886613
Shaken by crises, Switzerland fetters UBS's global dream: Switzerland announced reforms on Friday to make its biggest bank UBS safer and avoid another crisis ...
reuters.com/sustainability/boards-policy-regulation/shaken-by-crises-switzerland-fetters-ubss-global-dream-2025-06-06/
The quiet disappearance of Credit Suisse: The integration of Credit Suisse into UBS is the largest bank merger in Switzerland. One million Credit Suisse ...
handelszeitung.ch/unternehmen/700-stellen-in-der-schweiz-schon-weg-so-laufts-bei-der-ubs-mit-der-integration-828243
Falsified records, fake donations: Credit Suisse fined for helping rich Americans hide over $4 billion from the taxman
edition.cnn.com/2025/05/06/business/credit-suisse-fine-americans-tax-evasion-intl
Credit Suisse: Rohner pledged the Swiss mortgages: New court documents show how Credit Suisse paid its bonuses on credit - | and sold the Swiss mortgages to do ...
tagesanzeiger.ch/credit-suisse-rohner-hat-die-schweizer-hypotheken-verpfaendet-283954020395
Paid articlePaywall
UBS risks becoming a victim of its own success: Second-quarter net profit is twice what was expected in part thanks to the bank’s deft integration of Credit ...
ft.com/content/1e50d4fc-c959-4043-8ed4-adbb84933a82
Key FactsUBS Reports $1.1 Billion Net Profit for Q2
Aug 14, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- UBS reported a net profit of $1.14 billion for Q2 2023, exceeding analysts' expectations of $528 million. This marks the first results following its merger with Credit Suisse, highlighting the bank's progress since the acquisition.
- The bank's total revenue reached $11.9 billion, surpassing the forecast of $11.6 billion. CEO Sergio Ermotti stated that the first-half results reflect the significant strides made in fulfilling commitments to stakeholders.
- UBS achieved an additional $0.9 billion in cost savings, reaching about 45% of its cumulative annual savings target. However, the bank noted a challenging macroeconomic environment marked by geopolitical tensions and the upcoming U.S. elections.
- In comparison, UBS reported nearly $29 billion in profit during Q2 2022, largely due to a one-off gain from the acquisition. Despite a significant increase in shares since acquiring Credit Suisse, the bank's stock has recently declined amid global market volatility.
Beatriz Martín has a chance of succeeding UBS boss Sergio Ermotti: The Spanish Beatriz Martín recommends herself as the successor to CEO Sergio Ermotti with her ...
luzernerzeitung.ch/wirtschaft/ubs-ermotti-nachfolge-hat-sie-das-zeug-um-als-erste-frau-ganz-an-die-spitze-der-ubs-aufzusteigen-ld.2618102
Paid articlePaywallKey FactsUBS CEO Discusses Technology, Job Cuts, and His Future
May 13, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- UBS CEO Sergio Ermotti emphasizes risks in integrating Credit Suisse and discusses his own future along with artificial intelligence.
- Ermotti highlights the importance of combining the cultures of both banks and states that UBS will adopt the operating model.
- He addresses technology integration risks and underscores the significance of cost savings and job cuts.
- Ermotti comments on UBS's size in Switzerland, calls for a thorough post-mortem after the Credit Suisse crash, and expresses concerns about controlling inflation.
UBS boss Sergio Ermotti causes a storm with his high salary: Politicians from all camps criticize UBS CEO Ermotti because he receives 14.4 million francs for ...
luzernerzeitung.ch/schweiz/144-millionen-franken-ubs-chef-sergio-ermotti-loest-einen-sturm-aus-mit-seinem-hohen-salaer-kommt-nun-die-harte-regulierung-der-banken-ld.2600737
Paid articlePaywallKey FactsUBS Chief Salary: Ermotti Receives 14.4 Million Swiss Francs
Mar 28, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: tagesanzeiger.ch
Summary created with AI assistance · Source: tagesanzeiger.ch
- Sergio Ermotti earned 14.4 million Swiss Francs as UBS Chief in nine months, with a base salary of 2.1 million and a variable part of 12.3 million.
- The entire UBS board received a total of 140.3 million Swiss Francs in 2023, compared to 106.9 million Swiss Francs the previous year.
- UBS adjusted its net profit to 27.8 billion US dollars, due to a slightly lower negative goodwill after acquiring Credit Suisse.
- UBS's CET1 capital ratio was 14.4 percent at the end of 2023, compared to 14.5 percent in early February.
Swiss mega-bank has scope to shrink to greatness: European bankers have long dreamed of creating a financial giant to match U.S. rivals like JPMorgan (JPM.N) ...
reuters.com/breakingviews/swiss-mega-bank-has-scope-shrink-greatness-2023-04-05/
Next