UBS rules out external successor to Ermotti as CEO, FT reports
The Swiss bank could signal the identities of the potential successors as early as next year's annual meeting, the newspaper said, citing people with knowledge of the plans. The paper said that while no final decision had been made about the shortlist, Iqbal Khan, head of wealth management, is expected to be included. It also said Robert Karofsky, head of the investment bank, Beatriz Martin, who oversees UBS's non-core and legacy unit, and Sabine Keller-Busse, who is in charge of the...
Source: yahoo.com