Guardian – Oswald Grübel, head of the Swiss bank at the centre of a £1.45bn alleged rogue trading scandal, will ask directors to back him or sack him at a UBS board meeting in Singapore on Wednesday and Thursday.
The 67-year-old German, w ho was brought in as chief executive by UBS in 2009, is understood to be seeking a vote of confidence following losses which came to light in the City last week.
