UBS boss donates CHF 1m to Covid-19 victims
UBS boss Sergio Ermotti has donated CHF 1 million to coronavirus victims - funded from his family’s foundation.
The money is to go to victims and their families in his home canton of Ticino - where he has called the situation “dramatic”.
Ermotti is currently working from home near Lake Lugano, near the Swiss-Italian border.
UBS itself has also donated 30 million francs for patients and families in Switzerland affected by the outbreak.