--UBS Group plans to search internally for a successor to Sergio Ermotti as its chief executive, ruling out outsiders, and could draw up a shortlist of candidates as early as next year, the Financial Times reports, citing unnamed sources.

--Potential candidates include the head of the group's wealth-management division Iqbal Khan, investment banking chief Robert Karofsky, head of its noncore and legacy operations, Beatriz Martin, and Swiss bank chief Sabine Keller-Busse, the FT reports.

--The Swiss banking group declined to comment when contacted by Dow Jones Newswires.


Full story: https://shorturl.at/mFiPM


Write to Adria Calatayud at adria.calatayud@wsj.com


(END) Dow Jones Newswires

05-27-24 0305ET