UBS bets on Ermotti to pull off the deal of the decade

As soon as the ink was dry on the agreement to take over Credit Suisse, UBS chairman Colm Kelleher rushed to bring ex-CEO Sergio Ermotti back to run the bank and the deal. Execution risk is off the charts, and the nerves of shareholders, employees and taxpayers are jangling.

March/April 2023
special coverage

CREDIT SUISSE
1: UBS bets on Ermotti
2: Credit Suisse and UBS: The new risks
3: Crisis at Credit Suisse: How we got here
4: Rescue reinforces national champion trend
5: It’s time to bail out Michael Klein

US BANKS
1: The banking crisis and its consequences
2: Time to review liquidity coverage ratio
3: Regulators won’t just target regionals
4: Bad news for others facing AOCI losses
5: HSBC’s SVB deal is nimble and contrarian
6: Is hedging only good for Wall Street?
7: We saved the banks – was it worth it?

Sunday night, sign the banking deal of the decade; Monday morning, hire a big-name chief executive to run it.

UBS bets on Ermotti to pull off the deal of the decade

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UBS bets on Ermotti to pull off the deal of the decade

Thanks for your interest in Euromoney!To unlock this article:

How banks can make cybersecurity a revenue generator

Awards for Excellence Middle East and Islamic Finance winners celebrate in Dubai

Regulators should be upfront with taxpayers – and admit all deposits are guaranteed

The FX Files: Is it the end of the line for single-dealer platforms?

Thanks for your interest in Euromoney!
To unlock this article: