Ulrich Körner News

30.05 / 08:07

CEO Credit Suisse CEO steps down in major UBS board shake-up

Ulrich Körner, who served as CEO of Asset Management at Credit Suisse until July 2022 when he became CEO of Credit Suisse, will step down from the UBS Group executive board at the end of June. He plans to retire from the firm later this year, UBS said in a statement today (30 May). This comes on the eve of the merger of UBS AG and Credit Suisse AG — the former owner of Credit Suisse bank - which is set to take place on Friday (31 May). UBS makes AT1 bonds worth $5bn available for equity conversion Credit Suisse was taken over by UBS in 2023 for $3.3bn when the Swiss bank collapsed...

30.05 / 08:17

UPS Provident CEO Strategy President reports UBS overhauls wealth management leadership in wider board shake-up

LONDON — UBS on Thursday announced a shake-up of its executive board in the latest phase of a radical overhaul of the Swiss banking giant, following its takeover of fallen rival Credit Suisse.

13.05 / 14:55

UPS Man UBS Trading Places: Robyn Grew steps up at Man, UBS’s new board, Dechert cuts

UBS tapped Credit Suisse chief executive Ulrich Körner for its board as it merges with its cross-town rival, but has largely stuck with its own leadership team for the combined entity. Körner will join UBS's board when the transaction closes in the coming weeks, the bank said in a statement.

12.05 / 11:39

UPS Man UBS Trading Places: Robyn Grew steps up at Man, UBS’s new board, Dechert cuts

09.05 / 06:51

CEO UBS UBS taps Credit Suisse CEO Körner as Ermotti names new leadership team

UBS has tapped Credit Suisse chief executive Ulrich Körner for its board as it merges with cross-town rival Credit Suisse, but has largely stuck with its own leadership team for the combined entity.

16.03 / 16:23

UPS Strategy PEP Credit Suisse crisis: Panicked bankers, break-up calls and central bank injection

Credit Suisse chief executive, Ulrich Körner, called on its employees to “focus on facts” after the troubled Swiss lender revealed it had tapped the Swiss National Bank for up to CHF50bn following a 30% slump in shares and signs of distress in its bonds.

16.03 / 00:49

business Blockchain Credit Suisse Swiss National Support Swiss National Bank says it will support credit Suisse if necessary

The Swiss National Bank (SNB) and the Swiss Financial Market Supervisory Authority released a joint statement on March 15 on the stability of the Swiss banking system and Credit Suisse. The problems of “certain banks in the USA” do not pose a risk for the Swiss financial system, they wrote.

14.03 / 13:15

Credit Suisse has axed 8% of staff since unveiling overhaul

Credit Suisse has cut around 4,200 jobs since it started its radical overhaul in October, the Swiss bank said as it looks to strip out 9,000 employees over the next two years.

28.02 / 10:47

Lowe's Maxim CEO Action Swiss Credit Suisse 'seriously breached' obligations in Greensill case, Swiss regulator says

Credit Suisse «seriously breached its supervisory obligations» in the context of its business relationship with financier Lex Greensill and his companies, Swiss regulator FINMA concluded Tuesday.

27.10 / 16:41

dealmaking Credit Suisse plans to scale back dealmaking unit in Europe

Credit Suisse's dealmaking unit spin-out is set to lead to deeper job cuts in Europe as it pivots the business towards the larger US fee pool.

28.08 / 04:41

Executive Trading Places: Executive shake-up at Credit Suisse, junior banker pay still rising

Credit Suisse has named Deutsche Bank veteran, Dixit Joshi, as its new chief financial officer, replacing long-serving CFO, David Mathers, after more than a decade in the job. Joshi was formerly Deutsche's treasurer, and instrumental in the huge overhaul at the German lender that saw it exit equities trading and cut around 18,000 jobs.

26.08 / 15:39

Executive Trading Places: Executive shake-up at Credit Suisse, junior banker pay still rising

01.08 / 05:15

JPMorgan Trading Places: All change at Credit Suisse, Barclays poaches from JPMorgan

This week's job moves were dominated by Europe's investment banks as second-quarter results season continued.

29.07 / 15:01

JPMorgan Trading Places: All change at Credit Suisse, Barclays poaches from JPMorgan

This week's job moves were dominated by Europe's investment banks as second-quarter results season continued.

27.07 / 08:39

CEO Strategy Credit Suisse unveils fresh overhaul as Ulrich Körner named as new CEO

Credit Suisse has named Ulrich Körner as its new chief executive, ousting current boss Thomas Gottstein as the Swiss bank looks to recover from a series of scandals.

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