(Reuters) - UBS abruptly replaced its CEO on Thursday night for unclear reasons, but the move followed the shut-down of its hedge fund business and the defection of dozens of top U.S. and European bankers who complained about the bank's unwillingness to commit more capital to leveraged finance.
UBS share gains over the past 18 months have also lagged those of European peers Credit Suisse and Deutsche Bank .
Read more at Reuters.com Mergers News
UBS share gains over the past 18 months have also lagged those of European peers Credit Suisse and Deutsche Bank .
Read more at Reuters.com Mergers News
No comments:
Post a Comment