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1. Doppelganger for UBS CEO Rumbled
The Swiss bank deploys a decoy for
Ralph Hamers, Chairman
Axel Weber admits at an impromptu press conference after initially denying rumors. UBS had wanted to ease the burden on the new CEO, who faces a potential criminal probe over money laundering allegations in his native Holland.
«The double was only meant for representative purposes, like the traditional January meeting with the Swiss government,» Weber said. Finma had vetted the doppelganger as «fit and proper». The decoy s cover was blown when he was found wandering aimlessly through the halls of Credit Suisse s headquarters – he had been looking for Hamers, but on the wrong side of Paradeplatz.
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