Weber Says UBS Downsizing Plan Is `On Track'
Jan. 25 (Bloomberg) -- UBS AG Chairman Axel Weber discusses Europe's economy, global central bank monetary policy and UBS's fixed-income and investment-banking strategies. He talks with Francine Lacqua on Bloomberg Television's "On the Move" on the sidelines of the World Economic Forum's annual meeting in Davos, Switzerland. (Source: Bloomberg)
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Jon Stanton to Succeed Keith Cochrane as Weir Group CEO
19:01 - Keith Cochrane, the CEO of Weir Group Plc, the world’s largest maker of fracking pumps for oil companies, is stepping down as CEO after 10 years on the board and will be replaced by Jon Stanton with effect from October 1. The company earlier reported that orders and sales missed by 4% and 2% respectively. Cochrane spoke to Bloomberg's Anna Edwards and Manus Cranny on "Countdown."