New UBS reshuffle claims investment banking head (Washington Post)
April 27th, 2009
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ZURICH, April 27 (Reuters.com) - UBS on Monday replaced the head of its troubled investment banking unit, Jerker Johansson, in a new management reshuffle underlining CEO Oswald Gruebel’s resolve to stem persistent losses.
UBS Replaces Johansson as Head of Investment Bank After Losses (Bloomberg)
April 27 (Bloomberg) — UBS AG , the European bank with the largest losses from the credit crisis, replaced Jerker Johansson as head of its investment bank as Chief Executive Officer Oswald Gruebel shakes up management two months after joining.
