UBS CEO Sergio Ermotti said the bank has been talking about cost-sharing initiatives with rivals.
UBS is considering small acquisitions to complement its focus on organic growth as it reverses a shrinking of assets following the financial crisis.
Bigger is better.
Swiss bank UBS has announced it will take a SFr 2.9bn write-down related to US tax law changes, while revealing it is creating a "unified global wealth management division" and is upping its dividend.
'Our target is to keep as many people as we we can in London'.
Sergio Ermotti told CNBC that while UBS has seen success in its trade finance blockchain platform, he was “not necessarily” a believer in cryptocurrencies.
'We see a lot of contraction in the number of people in our industry'.
UBS is weighing up whether to move banking jobs in London to Frankfurt, Madrid or Amsterdam to cope with Britain's planned departure from the European Union, Chief Executive Sergio Ermotti said in an interview with CNBC.
Following are excerpts from a CNBC interview with Sergio Ermotti, CEO, UBS and Carolin Roth.
Highlighting the power and potential of the franchise.