UBS Group named former Morgan Stanley executive Colm Kelleher to succeed Axel Weber as its next chairman, landing a prominent Wall Street name to oversee the Swiss bank.
Kelleher spent 30 years at Morgan Stanley and was in the No. 2 job as president before leaving in June 2019. He held roles including chief financial officer at the bank through the 2008 financial crisis, and oversaw Morgan Stanley’s wealth-management business, a keen competitor to UBS.
He...
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