“Oswald Grübel has been asked to leave,” a source close to the UBS board has told Bilan. “The discussion has now turned to possible successors. Once a decision is made, the departure of the CEO will be announced.” Oswald Grübel, 67, has lost his bet…
That’s from a Swiss-French business magazine. And now the Tages Anzeiger’s openly carrying headlines like this…
Wird in Singapur Grübels Rücktritt beschlossen?
[Will Grübel's resignation be decided in Singapore?]
Related link:
Singapore fund hits at UBS ‘lapses’ - FT