UBS in Talks With Meissner as Potential Successor to CEO Ermotti
- Bank is said to discuss Meissner joining in a senior role
- Swiss bank said to have intensified CEO succession planning
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UBS Group AG is in early talks with Bank of America Corp.’s ex-investment banking head Christian Meissner about joining as a potential successor to Sergio Ermotti, according to people with knowledge of the talks.
The discussions have focused on Meissner, 49, joining in a senior role that would put him in position to take over as chief executive officer, the people said, asking not to be identified as the matter is private. The bank is considering other executives and hasn’t yet made any decisions, they said.