UBS Declares Coupon Payments on 5 ETRACS Exchange Traded Notes

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Credit Suisse CEO Ulrich Körner to join UBS Group Executive Board

May 9, 2023 2:19 PM EDT

UBS AG (NYSE: UBS) announced Tuesday that Credit Suisse CEO Ulrich Körner will join the UBS Group Executive Board once the deal to acquire the troubled firm has been completed.

In its statement outlining the new operating model and leadership team following the recent announcement of the planned acquisition of Credit Suisse, UBS said the legal close of the deal is... More