UBS Group's Ermotti Could Stay CEO Until 2027, Bloomberg Reports
--UBS Group Chief Executive Sergio Ermotti committed to stay in the role until the integration of Credit Suisse is complete, meaning he could remain in the position until early 2027, Bloomberg reports, citing the executive's comments at an event in Zurich.
--The CEO's comments follow UBS's recent suggestions that Ermotti's term may be extended beyond the timeline of the merger, Bloomberg reports.
--UBS didn't immediately respond to request for comment by Dow Jones Newswires.
Full story: https://tinyurl.com/3hym678w
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
May 13, 2024 10:54 ET (14:54 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
These Stocks Are (Still) Powering the Bull Market
-
5 Undervalued Energy Stocks to Play the AI Data Center Demand Boom
-
After Earnings, Is Lowe’s Stock a Buy, Sell, or Fairly Valued?
-
5 Stocks With the Largest Fair Value Estimate Cuts After Q1 Earnings
-
10 Stocks With the Largest Fair Value Estimate Increases After Q1 Earnings
-
Markets Brief: Inflation Back in the Spotlight
-
AI Is Booming, but Consumer Spending Is Slowing. Which Will Prevail in the Stock Market?
-
What’s Happening In the Markets This Week
-
3 Dividend Stocks for June 2024
-
After Earnings, Is Alibaba Stock a Buy, Sell, or Fairly Valued?
-
MongoDB Earnings: Slashing Valuation as Execution and Macro to Blame for Lower Guidance
-
Marvell Earnings: We Raise Our Medium-Term AI Forecast and Bring Our Valuation Up to $75
-
Zscaler Earnings: Impressive Traction in Emerging Products Drives Sales Growth for the Quarter
-
Dell Earnings: Raising Valuation on Strong AI, but the Stock Remains Severely Overvalued
-
After Earnings, Is Nvidia Stock a Buy, Sell, or Fairly Valued?
-
The 10 Best Companies to Invest in Now