UBS boss Sergio Ermotti has again dismissed relocation rumours, stressing the Swiss bank’s commitment to Switzerland as its headquarters.
UBS boss Sergio Ermotti. Switzerland’s number one bank became even bigger on March 19, 2023 when it took over its failing competitor Credit Suisse, with the blessing of the Swiss authorities.
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UBS boss Sergio Ermotti has again dismissed relocation rumours, stressing the Swiss bank’s commitment to Switzerland as its headquarters.
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Sergio Ermotti, CEO of UBS, said the Swiss lender delivered "very strong" fourth-quarter earnings.
UBS is cutting a further several hundred jobs as part of its takeover of Credit Suisse, according to Bloomberg.
