UBS CEO says Swiss public 'indoctrinated' to worry about bank's balance sheet
Publishing timestamp: 2024-01-17 05:06:46
Summary
UBS CEO Sergio Ermotti defends the size of the bank's balance sheet and argues that the new UBS, which includes the integration of Credit Suisse, is a low-risk and globally competitive bank. He believes that the focus on the bank's size fails to consider its contributions to the Swiss economy and urges people to do their homework and consider all the benefits and risks.
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