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“Pack To the Future”
Chief Executive Oswald Gruebel of Swiss bank UBS arrives before an annual news conference in Zurich February 9, 2010. UBS posted its first quarterly net profit since Oswald Gruebel took the helm a year ago, but client withdrawals rose well above forecasts, signalling he may need more time to steady the ship. Gruebel, who previously nursed UBS's main domestic rival Credit Suisse back to health, was brought in a year ago after UBS suffered the biggest loss in Swiss corporate history, but he may need more time to cure UBS's manifold ills. Reuters Pictures logo Reuters Pictures 1 month ago

Chief Executive Oswald Gruebel of Swiss bank UBS arrives before an annual news conference in Zurich February 9, 2010. UBS posted its first quarterly net profit since Oswald Gruebel took the helm a year ago, but client withdrawals rose well above forecasts, signalling he may need more time to steady the ship. Gruebel, who previously nursed UBS's main domestic rival Credit Suisse back to health, was brought in a year ago after UBS suffered the biggest loss in Swiss corporate history, but he may need more time to cure UBS's manifold ills.