Deutsche Bundesbank

Weber named UBS chair

Bundesbank former president Axel Weber set to be elected as chair of UBS by bank’s board in 2012

Merkel names Weber’s successor

German chancellor Angela Merkel nominates economic adviser Jens Weidmann to replace Axel Weber as president of Bundesbank; picks BaFin director Sabine Lautenschläger-Peiter as new vice-president

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