Shareholders line up at AGM to criticise creation of $5tn mega-bank after takeover of smaller rival Worried UBS investors have urged the Swiss lender to avoid sweeping job cuts and inflating executive pay as they raised concerns about the creation of a mega-bank after the emergency takeover of smaller rival Credit Suisse. Addressing more than 1,100 shareholders at the St Jakobshalle arena in Münchenstein, near Basel, Switzerland, UBS bosses said they understood why investors may be "bewildered ...
UBS bosses urged to avoid job cuts and hikes in their pay after Credit Suisse deal
The Guardian - 5 Apr 2023 13:40
Shareholders line up at AGM to criticise creation of $5tn mega-bank after takeover of smaller rival Worried UBS investors have urged the Swiss lender to avoid sweeping job cuts and inflating executive pay as they raised concerns about the creation of a mega-bank after the emergency takeover of smaller rival Credit Suisse. Addressing more than 1,100 shareholders at the St Jakobshalle arena in Münchenstein, near Basel, Switzerland, UBS bosses said they understood why investors may be "bewildered ...
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