UBS Scores a Coup by Landing Axel Weber as Chairman

Well-respected German central banker and economist Axel Weber last week decided to take the post of chairman at Swiss banking giant UBS AG; a decision that dealt a blow to Deustche Bank AG, Germany’s biggest bank.
UBS Scores a Coup by Landing Axel Weber as Chairman
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/113264984.jpg" alt="OLD AND NEW: Outgoing Bundesbank President Axel Weber (R) is seen receiving his official discharge papers as new Bundesbank President Jens Weidmann (L) looks on at Bellevue Presidential Palace on April 29 in Berlin, Germany. Weber has joined Swiss bank UB (Carsten Koall/Getty Images )" title="OLD AND NEW: Outgoing Bundesbank President Axel Weber (R) is seen receiving his official discharge papers as new Bundesbank President Jens Weidmann (L) looks on at Bellevue Presidential Palace on April 29 in Berlin, Germany. Weber has joined Swiss bank UB (Carsten Koall/Getty Images )" width="320" class="size-medium wp-image-1801440"/></a>
OLD AND NEW: Outgoing Bundesbank President Axel Weber (R) is seen receiving his official discharge papers as new Bundesbank President Jens Weidmann (L) looks on at Bellevue Presidential Palace on April 29 in Berlin, Germany. Weber has joined Swiss bank UB (Carsten Koall/Getty Images )
Ilya Rzhevskiy
Ilya Rzhevskiy
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