Investors assess new UBS CEO, hope for fast revamp

Started by Reuters, Sep 26, 2011, 02:02 PM

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Reuters

Sep 26, 2011, 02:02 PM
ZURICH (Reuters) - UBS investors welcomed the Swiss bank's choice of caretaker chief executive, Sergio Ermotti, on Monday after Oswald Gruebel resigned in the wake of a $2.3 billion rogue trading scandal and cleared the way for a major overhaul of the investment bank.

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