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Stock impact report

Swiss bank UBS to restructure board before Credit Suisse merger [Yahoo! Finance]

ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 (USOI) 
Company Research Source: Yahoo! Finance
The changes are subject to final regulatory approval and effective mostly from July 1, 2024, UBS said on Thursday. Iqbal Khan would assume the role of president of UBS Asia-Pacific, effective September 1, and become co-president of global wealth management. Rob Karofsky would become president of UBS Americas and co-president of global wealth management. George Athanasopoulos and Marco Valla would join as co-presidents of the investment bank. Damian Vogel would be appointed group chief risk officer succeeding Christian Bluhm, who agreed to delay his retirement last year to support the firm in the first phase of the integration. Christian would remain with the firm in an advisory capacity. Stefan Seiler, head of group human resources and corporate services, would expand his responsibility to include group communications and branding led by Marsha Askins. Ulrich Körner, chief executive of Credit Suisse AG, would step down from the group executive board at the end of June foll Show less Read more
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