Sergio Ermotti
18 results

UBS quarterly profit doubles, as CEO Ermotti bids farewell
- Financial Services
- October 20, 2020, 17:01
UBS on Tuesday posted a 99 per cent jump in third-quarter profit as heavy turnover in global markets helped the bank to a strong performance in inves(...)

Swiss Re lines up UBS CEO Ermotti to become chairman in 2021
- Financial Services
- March 3, 2020, 14:01
Swiss Re plans to make UBS group chief executive Sergio Ermotti its chairman from next year, the world’s second-biggest reinsurer said on Tuesday, tu(...)

UBS cuts mid-term targets after 2019 profit drop
- Financial Services
- January 21, 2020, 07:26
UBS Group cut profitability targets on Tuesday as Switzerland’s largest bank grapples with ultra-low interest rates and increased competition for weal(...)

Irish bank CEO pay not out of kilter with EU peers, data suggests
- Financial Services
- October 2, 2019, 05:41
The pay packages of Irish banking chief executives are not out of kilter with peers in Europe when viewed against the size of their balance sheets and(...)

UBS posts highest quarterly net income in almost a decade
- Financial Services
- July 23, 2019, 07:03
UBS chief executive Sergio Ermotti saw a revival of the bank’s fortunes in the second quarter after what he’d called one of the worst starts to the ye(...)

UBS to cut deeper into 2019 costs as revenues slide
- Financial Services
- March 20, 2019, 10:25
Swiss bank UBS is cutting an extra $300 million (€264.3 million) from 2019 costs after investment banking revenues plunged and wealth management remai(...)

UBS sticks to dividend, capital return plans after French verdict
- Financial Services
- February 22, 2019, 19:59
UBS plans to stick to its proposed dividend for 2018, chief executive Sergio Ermotti said on Friday, two days after the Swiss bank was hit with a €4.5(...)

UBS aims high in wealth management as investment bank shines
- Financial Services
- October 25, 2018, 07:00
UBS, Switzerland’s biggest bank, posted a surprise 32 per cent rise in third-quarter net profit amid a bumper quarter for its investment bank and said(...)

Credit Suisse CEO paid €11m despite back-to-back losses
- Financial Services
- March 24, 2017, 17:57
Credit Suisse chief executive Tidjane Thiam’s pay for his first full year in the job swelled to 11.9 million Swiss francs (€11.1 million), while bonus(...)

Credit Suisse reports unexpected Q3 profits after restructuring
- Financial Services
- November 3, 2016, 08:13
Credit Suisse posted a surprise profit in the third quarter, with all main units contributing, as chief executive Tidjane Thiam continued to cut costs(...)