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But his strategy resulted in CHF 80 billion of losses to UBS [3] with the collapse of UBS's Dillon, Read & Co. investment bank during the 2007–2008 financial crisis. Ospel was forced to resign in April 2008, following pressure by the Swiss Financial Market Supervisory Authority, and UBS had to seek a government bailout in October 2008. [1]
De Planta's career began in February 1988, when he took up a position at UBS in Zürich as a Senior Economist in the Economic Research Department. He then moved to UBS's Capital Markets Department as Head of Product Development and Risk Management, before taking over responsibility for bond derivatives and, ultimately, bond trading.
Grübel began his career at a White Weld & Co. joint venture with Credit Suisse in the 1970s. Before joining UBS, Grübel was at Credit Suisse from 1985 until 2007, leading the firm since 2003. He was CEO of Credit Suisse Financial Services from 2002 to 2004 and was co-CEO of Credit Suisse Group (with John J. Mack) from 2003 until 2004. Mr.
Andrea Orcel was born on May 14, 1963, in Rome, Italy. [10] His father ran a small leasing company and his mother worked for the United Nations. [11] Orcel attended the Lycée français Chateaubriand in Rome for secondary school, at his mother's request, so he could learn French in addition to his native Italian. [11]
[10] [11] Moelis recruited more than 70 senior investment bankers to UBS within three months of his arrival. [12] In his six years at UBS, Moelis ultimately assumed the role of president of UBS Investment Bank and was credited with the build-out of UBS's investment banking operation in the United States. By the end of 2006, UBS was ranked Top 4 ...
"Career Opportunities" is a song by The Clash, recorded for their debut studio album, The Clash in 1977. [1] Background. The song attacks the political and economic ...
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