‘Call of duty’: With Sergio Ermotti, Switzerland gets a expense-chopping community to restore its status

Critical Points

UBS introduced on Wednesday that the previous CEO Sergio Ermotti would change Ralph Hamers from April 5.
The board determined that Ermotti’s expertise in choosing UBS up from the canvas after the 2008 monetary crisis rendered him uniquely capable to lead the new blended entity.
Requested by CNBC for the duration of Wednesday’s push conference about his enthusiasm for returning to UBS, Ermotti explained there was “a phone of obligation component” to his determination.

Source

Finance

Cautious optimism: Berkshire investors weigh future under new CEO Greg Abel

May 1, 2026

Key Points Berkshire Hathaway shareholders on Friday expressed confidence in CEO Greg Abel, Warren Buffett’s pick to lead the conglomerate. “Saturday begins the official pivot in Berkshire Hathaway,” said Robert Hagstrom, chief investment officer at EquityCompass Investment Management. “And the whole world is going to get to see it.” Source

Finance

Berkshire Hathaway’s shopping extravaganza draws lighter crowds as spotlight shifts to Greg Abel

May 1, 2026

The Berkshire Hathaway Annual Shareholders Meeting kicks off in Omaha, NE on May 1, 2026. Yun Li | CNBC OMAHA, Nebraska — At the cavernous exhibit hall inside CHI Health Center Omaha, the annual “Berkshire Bazaar of Bargains” is still stocked with fan-favorite deals, just with a bit more breathing room this year. The 20,000-square-foot […]

U.S. oil prices will exceed Iran wartime high to above 5 as conflict drags on, Kalshi traders say

Finance

U.S. oil prices will exceed Iran wartime high to above $125 as conflict drags on, Kalshi traders say

May 1, 2026

In this article @CL.1 @LCO.1 Follow your favorite stocksCREATE FREE ACCOUNT Gas prices over $6.00 are displayed at a Shell station across from the Marathon Petroleum Corp’s Los Angeles Refinery on April 02, 2026 in Carson, California. Justin Sullivan | Getty Images News | Getty Images Western Texas Intermediate crude futures haven’t hit their highs […]