• 05 Oct 2011 at 1:13 PM
  • Banks

Two UBS Executives Resign Over…You Know

“UBS said Francois Gouws and Yassine Bouhara resigned as co-heads of Global Equities following the recent unauthorized trading incident. Mike Stewart will become sole global head of Equities, it said.” [Bloomberg]

Comments (23)

  1. Posted by desksoda | October 5, 2011 at 1:27 PM

    and in other news lando calrissian is held for his role in the destruction of the death star

  2. Posted by Steinbrenner | October 5, 2011 at 1:27 PM

    A lot more responsibility. Long long hours… Not much more pay

  3. Posted by login | October 5, 2011 at 1:33 PM

    Stewart was selected for , "ease of use" on future anticipated press releases a spokesman
    conceeded.

  4. Posted by Oscar | October 5, 2011 at 1:37 PM

    Look, it doesn't take a genius to know that every organization thrives when it has two leaders. Go ahead, name a country that doesn't have two presidents, a boat that sets sail without two captains. Where would catholicism be without the popes?

  5. Posted by Guest | October 5, 2011 at 1:41 PM

    Stewart & Wollensky

  6. Posted by Silly goose | October 5, 2011 at 1:43 PM

    Bouhara has left the bank entirely or has just resigned from this position within UBS?

  7. Posted by Yas Blows Up | October 5, 2011 at 1:59 PM

    Yas can take the a'holes he brought with him & the refund on the guarentees will fill the 2.3bn hole.
    Yas is now two for two.

  8. Posted by Cut Me | October 5, 2011 at 2:17 PM

    For using Firewire?
    -AIG FP IT

  9. Posted by Ball Buster | October 5, 2011 at 2:37 PM

    Francois & Yassine & Wollensky

    nope. doesn't quite have the right ring to it. No wonder they were fired. fired = the new resigned.

    UBS Sucks!

  10. Posted by Guest | October 5, 2011 at 2:38 PM

    So now instead of waking up every morning to earn a bonus paid mostly in UBS stock, they get to sleep in? Can't see how this is such a terrible career move for them.

  11. Posted by guest | October 5, 2011 at 2:55 PM

    JP Morgan and Goldman both have more co-heads than UBS has quarterly losses. Org structure decisions made by management with decades of experience versus Oscar the first year analyst's opinion. Think I will go with the former.

  12. Posted by TOF | October 5, 2011 at 3:02 PM

    Francois Gouws, Kweku Adoboli, Yassine Bouhara

    They're parents must have hated them. With names like that you'll get your ass kicked around here.

  13. Posted by guestapo | October 5, 2011 at 3:06 PM

    Speaking of parents who hate THEIR (≠ they're ≠ there) kids, did yours make you drop out of school after kindergarten?

  14. Posted by Oscar | October 5, 2011 at 3:10 PM

    Calmer than you are

  15. Posted by Lando | October 5, 2011 at 3:13 PM

    Francois was never a condition of our agreement, nor was giving Yassine to this bounty hunter!

  16. Posted by Honda of Stamford | October 5, 2011 at 3:15 PM

    He's working in Service Bay 4 for us here right now.

  17. Posted by guest | October 5, 2011 at 3:15 PM

    It's from the office ya schmuck

  18. Posted by Texashedge | October 5, 2011 at 3:31 PM

    Ahh, but you are forgetting that Lando lost the Millenium Falcon to Solo, whose role was pivotal in ensuring that Luke had a clean……..I mean NERD! BEAT IT NERD!

  19. Posted by Guest | October 5, 2011 at 4:28 PM

    What the heck is an aluminum falcon?

  20. Posted by TOF | October 5, 2011 at 4:43 PM

    Speaking of people who hate themselves and should immediately relocate their person to the nearest YMCA to swim to the bottom and drown because they have nothing better to do than lambast anonymous people on a financial tabloid and this is a run on sentence so run and tell dat

  21. Posted by Guest | October 5, 2011 at 4:55 PM

    I always hated Francois. Ding dong, the witch is dead!

  22. Posted by Silly goose | October 5, 2011 at 8:28 PM

    working??

  23. Posted by Guest | October 6, 2011 at 8:34 AM

    Humm….Grubel goes as does francois and yasime. The most culpable guy is cars ten kenegar the big bigot. He is gutless. Ozzie takes the grenade, ck takes his and hands it to others. What a whimp. He must have pictures of villager to "assure his future is secure". I have to grab the barf bag as I am thinking about ck standing tall and proud,throwing all others over the rail to protect himself. He exemplifies the scum of wall street.

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