The global head of technology and portfolio services of UBS Global Asset Management has left after 25 years at the Swiss banking group.

Markus Ruetimann, who also served as chief operating officer for the financial institution's asset management arm in the UK, said he would leave "in the coming months" and be on sabbatical until the end of September.

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Work-to-party founder Adam Neumann liked to say he ran a tech company. WeWork’s new, postbankruptcy marketing chief is tasked with positioning the brand as an old-fashioned office space provider.

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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.

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Technology head quits UBS fund arm

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