04/07/2016

Austrian bank’s CEO quits after Panama Papers reports

The decision was the result of various developments in the past year, he said, adding: “In the end, the media’s prejudgement of Hypo Vorarlberg and of myself in recent days was decisive for me in taking this step.”

04/07/2016

Bank appoints new risk chief

He has also worked in Hong Kong, Russia and India with businesses including US investment banking group Citi and Moscow-based investment bank Renaissance Capital.

04/06/2016

Iceland’s leader resigns over company in BVI

The fall of Icelandic leader Sigmundur David Gunnlaugsson is the biggest fallout so far from the publication of the names of rich and powerful people linked to the leaks, dubbed the Panama Papers.

04/05/2016

UBS boosts board

“I am delighted to announce the nomination of Robert W. Scully and Dieter Wemmer for election to the Board of Directors. We are convinced they have the specialist knowledge required to strengthen the UBS Board of Directors and – subject to the