Hints and tips:
...In April, Kelleher took over from Axel Weber as chair, having previously been president of Morgan Stanley, the bank that is a leader in the US wealth market....
...Robert Weber, a Georgia State University professor who specialises in banking law and has studied disclosure issues, echoed Coffee but added that banks and other companies were subject to more open-ended...
...But he was chosen by former chair Axel Weber to help cut costs and develop a stronger digital strategy for a bank whose roots stretch back 161 years....
...Armstrong does a nice all-day pork shoulder on the Weber grill; email for the recipe....
...Additional reporting by Stephen Morris...
...Kelleher had grown frustrated with Hamers, who had cut his teeth at Dutch lender ING before former chair Axel Weber named him chief executive....
...There’s also a new site-specific installation Cycles of Unmasking by artist Theresa Weber....
...Weber was president of the German Bundesbank between 2004 and 2011....
...Next up, BDT Capital Partners, the merchant bank led by Goldman Sachs veteran Byron Trott, cooked up a deal to take grill maker Weber private at $3.7bn....
...Mr Weber, a former member of the ECB’s governing council, also addressed the current ban on dividends and share buybacks....
...Mr Weber’s opposite number at Credit Suisse, Urs Rohner, is due to step down next year....
...Last year, UBS chair Axel Weber war-gamed a takeover of its great rival....
...Additional reporting by Stephen Morris and Owen Walker...
...Mr Hamers was handpicked by UBS chairman Axel Weber, and his appointment was given the green light by headhunters and Finma, the Swiss financial regulator....
...Mr Ermotti, who had joined UBS in 2010 from Italy’s UniCredit, received a battlefield promotion to right the ship alongside new chairman Axel Weber, an ex-economics professor and former Bundesbank president...
...According to this scoop by the FT’s Laura Noonan, Olaf Storbeck and Stephen Morris, an attempt at slashing through the German lender’s velvet rope by the US private equity group Cerberus, Deutsche’s fifth-largest...
...Two key players in the case, UBS chair Axel Weber and the Swiss bank’s head of performance and reward Mark Shelton, didn’t show up to court despite being summoned, citing the pandemic....
...“This is not about changing strategy, this is about changing CEOs,” Mr Weber said at Thursday’s press conference, the three men lined up on stage, side by side....
...He had been seen as a potential candidate for chairman of UBS when Mr Weber, who has been on the board of the bank since 2012, decides to step down....
...After a 15-month internal and external search, Mr Weber offered him the job....
...The new directors “will add a wealth of knowledge and experience from across the banking sector and geographies, with a particularly deep understanding of risk management,” said UBS chairman Axel Weber in...
...continuing to cause significant pressures on markets . . . in short time, policymakers may need to move to new realms of response — including targeted supervisory and regulatory policy measures,” said Axel Weber...
...Chairman Axel Weber said in a television interview the bank had been running due diligence checks on Mr Khan as recently as today, an unusual admission considering he is supposed to start in less than a...
...Meanwhile, UBS’s chairman, Axel Weber, has taken a dimmer view of the spectacle, according to a person who knows him. Bruising rows between big egos are not new in the world of finance....
...While Santander had hoped that UBS would pay more of Mr Orcel’s deferred pay, she said that “on the subject of compensation [UBS chairman] Axel [Weber] is not moving at all. Basically 0 [zero].”...
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