Weber gains clearance to join UBS

weber

Axel Weber, the former president of the Bundesbank, has been cleared to join UBS, a Swiss bank, after it named him as its next chairman.

The Bundesbank on Tuesday said Weber's move to UBS "complied with its ethics code". In a statement released on Tuesday, the European Central Bank's (ECB) Governing Council, which Weber was a member, also said his move to UBS was beyond the one year cooling-off period and was therefore "compatible with their code of conduct".

Weber stepped down as president of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: