BankingLeadership

Latvian Coalition Postpones Decision on Central Bank Governor Appointment Until January

5 days ago

The political landscape in Latvia has taken a notable turn as the current ruling coalition has announced a significant delay in the selection process for the next governor of the Bank of Latvia. Initially anticipated to appoint a new governor by the end of this year, the coalition now intends to make this crucial decision in January 2024, citing the need for further discussions and a thorough evaluation of the candidates.

UBS Appoints New Leaders Following Senior Executive Departures

1 month ago

In a significant restructuring move, UBS has announced the appointment of several key executives to fill vacant leadership roles left by recent departures of senior management. This reshuffle comes in the wake of a series of high-profile exits that have prompted Switzerland’s largest bank to rethink its leadership strategy as it navigates a challenging financial landscape.