Head of UBS bank steps down

Business Materials 24 September 2011 15:50 (UTC +04:00)

Oswald Gruebel, the head of embattled Swiss bank UBS, announced Saturday he would step down.

Oswald Gruebel, the head of embattled Swiss bank UBS, announced Saturday he would step down, DPA reported.

The board of directors accepted the resignation, while saying it regretted the step.

Head of UBS bank steps down

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