Sergio Ermotti

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Last quote by Sergio Ermotti

We are finalising our plan on where to move people that need to be moved over the next one to three years depending on the outcome of this political discussion and negotiation.feedback
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Oct 27 2017
Sergio Ermotti has most recently been quoted in an article called UBS CEO ‘not necessarily’ a believer in cryptocurrencies, but he likes blockchain. Sergio Ermotti said, “Not necessarily cryptocurrencies, I think that needs to be defined, but I believe there is a future for blockchain technology, and technology will play a big role in changing and reshaping our industry. Our strategy there is very simple. We try to initiate and get as many other financial institutions and clients into teams like trade finance with other banks and IBM was a successful venture.”. Sergio Ermotti has been quoted a grand total of 24 times in 14 articles.
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Sergio Ermotti quotes

Jan 16 2017 - UBS

We need a higher degree of certainty in order to take action, it will be extremely expensive otherwise.feedback

Jan 16 2017 - UBS

We have a Frankfurt base where we house our wealth management operations and not just that... We have a framework in place and infrastructure that can be expanded if needed.feedback

Oct 28 2016 - UBS

We delivered a strong performance across our businesses, despite seasonality and continued macroeconomic, geopolitical and market headwinds. Our strong position allows us to focus on helping our clients navigate the current environment. We will continue to execute with discipline and manage risk and resources prudently.feedback

Oct 07 2016 - UBS

Each bank should really try to figure out, What is my DNA? What is my relevance to clients?feedback

Oct 07 2016 - UBS

The last two weeks are a testament to that. The same kind of dynamics seven or eight years ago would have created a major fallout.feedback

Oct 06 2016 - UBS

Central banks can only help transition it from one place to the other. It's not the only medicine available to address the issues we have.feedback

Oct 06 2016 - UBS

Central banks, on their own, cannot address the structural problems we are facing, particularly in Europe.feedback

Sep 29 2016 - UBS

With respect to what we have experienced so far in the third quarter, normal seasonality, underlying macroeconomic uncertainty and heightened geopolitical tensions continue to contribute to client risk aversion and generally low transaction volumes. In some businesses and regions in which our IB (investment bank) operates, conditions have remained challenging through the third quarter.feedback

Jul 29 2016 - UBS

There is very little visibility about the future on every front, both macro and geopolitical. I don't see any relief in the foreseeable future.feedback

Jul 29 2016 - UBS

We are not really pushing clients to execute trades because their risk aversion is so high.feedback

Feb 02 2016 - UBS

We are fulfilling our commitments (to paying at least 50 percent of net profits to shareholders).feedback

Feb 02 2016 - UBS

It is the kind of volatility that de facto paralyzes a lot of investors. You see a lot of volatility which de facto scares people more than being a constructive element for our businesses.feedback

Jul 31 2012 - UBS

We ended up buying a lot more shares than our clients wanted, because the Nasdaq made a big error. They have recognised and acknowledged that error. Now we will use legal means to be reimbursed for that loss.feedback

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