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UBS. UBS Group AG [nb 1] is a multinational investment bank and financial services company founded and based in Switzerland. Headquartered in Zürich, it maintains a presence in all major financial centres as the largest Swiss banking institution and the largest private bank in the world.
UBS expects to shed around 3,000 jobs in Switzerland to help it cut $10 billion in costs as it undertakes a sweeping overhaul following its emergency rescue of Credit Suisse earlier this year.
2. Sergio Pietro Ermotti (born 11 May 1960) is a Swiss manager and investment banker. [1] In April 2021, Ermotti was elected Chairman of Swiss Re, one of the world's largest reinsurance companies, succeeding Walter Kielholz. He was the Group Chief Executive Officer (CEO) of UBS Group AG from November 2011 to October 2020 and regained that ...
Marcel Louis Ospel (8 February 1950 – 26 April 2020) was a Swiss banker and the longtime head of the multinational investment bank UBS. Career. Ospel started his banking career as an apprentice at a small Swiss bank in 1965 with a monthly salary of CHF 110.
UBS has shared a desire for “cost synergies” as it integrates Credit Suisse. On a Feb. 7 investors call, the bank said it planned to achieve $13 billion in overall “gross cost saves” by ...
In 1992 Donovan joined UBS Phillips and Drew, as the investment banking arm of UBS was then known, as an intern in the Fixed Income economics department. In 1995 he moved to be global economist. His appointment as Global Chief Economist of UBS Wealth Management was announced in June 2016. He has been a managing director of UBS since 2004 and ...
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