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UBS top job a poisoned chalice



10 February 2009 @ 08:15 am BST

While pressure on the top management remains strong, a change at the top in the middle of the storm might further weaken the battered bank.

A source familiar with situation told Reuters both Kurer and Rohner continued to enjoy full support within UBS, but commentators say it is a matter of time before a reshuffle.

"Kurer and Rohner know themselves that they won't last long in their current position," Markus Granziol, a former Chairman at UBS Warburg, was quoted as saying in Cash.

Copyright 2009 Thomson Reuters. All rights reserved.

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