Within a few months of joining UBS Group AG in 2011, Sergio Ermotti found himself in just the right place. Switzerland’s biggest bank needed to restore stability after a spate of trading losses, and the newcomer was quickly elevated to the chief executive role. His exit isn’t going so smoothly. Ermotti, 59, has signalled that he plans to step down ...

Any new chief executive likes to make their own mark. For Patrik Frisk, who took the helm of Under Armour Inc. last month, there’s even more reason than most. While founder Kevin Plank has ceded the role of CEO, he’s staying around as chairman and brand chief at the maker of athletic apparel. At first glance, the surprise sales and ...

The European Union’s (EU) aspiration to be a pacesetter in the global fight against the climate crisis is laudable. Even better, the bloc’s leaders want to bake financial innovation into their plans, giving their member countries (and companies and the region’s financial industry) a leg up in the rush to fund infrastructure projects that may literally save the planet. But ...