Swiss Lawmakers Warn UBS Over Ermotti’s Role in $26B Capital Reform Battle

TLDR: Swiss lawmakers warned UBS to reduce CEO Ermotti’s public profile amid the capital reform lobbying row. Finance Minister Keller-Sutter rejected a cross-party compromise proposal, deepening the two-year standoff. UBS’s board is in talks with Ermotti about extending his tenure past his planned April 2027 departure date. UBS has identified internal successors including Iqbal Khan, [...]

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