Oswald Gruebel

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Oswald Greubel
Occupation CEO
Employer UBS AG
Location Zurich, Switzerland
Website www.ubs.com

Oswald Gruebel (Oswald J. Grübel) is the CEO of UBS AG, a worldwide financial institution. Formerly the Union Bank of Switzerland, UBS assists wealthy individuals and companies with acquisitions around the globe. Gruebel was appointed in February 2009 and is also a member of the UBS Group Executive Board (GEB).[1]

Background

Before joining UBS, Gruebel served as CEO of Credit Suisse Group and Credit Suisse, departing in May 2007. Gruebel's career with Credit Suisse began prior to 1991 when he was a member of the Financière Credit Suisse First Boston Group Executive Board in Zug. In 1991, he became a member of the Group Executive Board of Credit Suisse and assumed responsibility for equities, fixed income, global foreign exchange, money markets and asset/liability management in Zurich. He was appointed to different roles on the board from 1997 to 2001 and from 2002 to 2007, and during this time served as CEO of Credit Suisse Financial Services and co-CEO of Credit Suisse Group.

Gruebel worked for White Weld Securities beginning in 1970, stepping up to CEO in 1975. He completed his training as a bank at Deutsche Bank between 1961 and 1970.

Professional Activities

Latest News

Gruebel made the news in July 2011 when analysts began doubting his UBS pretax profit estimate of 15 billion Swiss francs ($18.3 billion). News reports predicted that this figure would have to drop by as much as 20 percent in 2014 due to troubled markets.[5]

References

  1. Oswald J. Grübel. UBS.
  2. Board of Directors. Swiss-American Chamber of Commerce.
  3. IIF Board of Directors. IIF.
  4. Oswald J. Grubel. Financial Services Forum.
  5. Gruebel’s Goals Obsolete as Capital Demands, Markets Weigh on UBS Profit. Bloomberg.