(Reuters) - NEW YORK/ZURICH, July 5 - UBS AG
, Switzerland's largest bank, in a surprise move on
Thursday replaced Chief Executive Peter Wuffli with his deputy,
Marcel Rohner, and said Wuffli would leave the company.
The sudden change, effective immediately, followed growing
calls from UBS critics to bolster results, and perhaps break up
the company by getting out of investment banking and focusing
entirely on wealth and investment management.
Read more at Reuters.com Mergers News
, Switzerland's largest bank, in a surprise move on
Thursday replaced Chief Executive Peter Wuffli with his deputy,
Marcel Rohner, and said Wuffli would leave the company.
The sudden change, effective immediately, followed growing
calls from UBS critics to bolster results, and perhaps break up
the company by getting out of investment banking and focusing
entirely on wealth and investment management.
Read more at Reuters.com Mergers News
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