Investors welcome new UBS CEO

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UBS investors have welcomed the Swiss bank's choice of caretaker chief executive, Sergio Ermotti. Its shares rose after Oswald Gruebel quit to take the blame for a rogue trading scandal at UBS. His resignation clears the way for a major overhaul of its investment banking operations. Ermotti, who has experience both in investment ... http://www.euronews.net/

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