UBS Group AG CEO Sergio Ermotti's paycheck for 2024 stood at 14.9 million Swiss francs (approximately $16.8 million), the bank revealed in its latest annual report. In 2023, when Ermotti worked only nine months for UBS, he received 14.4 million.For 2024, the bank's entire Executive Board will...
UBS Group CEO Sergio Ermotti highlighted on Monday the bank's ongoing commitment to China and Hong Kong as pivotal growth markets.Acknowledging the inherent volatility in these regions, Ermotti emphasized that Asia remains a significant factor, calling it an "absolute...
UBS Group AG CEO Sergio Ermotti stressed on Tuesday that any kind of tariffs, including those planned by United States President Donald Trump, could slow down the decline in interest rates, as they could make inflation stickier.Speaking to CNBC in Davos, Ermotti underlined that "inflation is much...
UBS Group AG CEO Sergio Ermotti told Migros-Magazin in an interview published on Monday that he is against extreme banking regulation, adding that Swiss authorities should steer clear of such rules as they could hurt the country's banking sector."Switzerland can't afford to fall back into a 'model...
UBS Group AG CEO Sergio Ermotti said on Thursday that investors should not expect the United States Federal Reserve to cut rates aggressively at its meeting next week, as its battle with inflation is not over yet."I think the market seems to be a little bit too ahead of the curve in expecting the Fed to...
UBS Group AG Chief Executive Officer (CEO) Sergio Ermotti (pictured) described on Wednesday the investment bank as one of the safest institutions worldwide.
During a speech at the University of Zurich, Ermotti stated that UBS has the necessary tools to respond to potential problems within it if...
The UBS Group AG Chief Executive Officer (CEO) Sergio Ermotti on Friday stressed that the upcoming months will be "bumpy" with regard to the integration and restructuring of Credit Suisse Group AG.
Speaking at the Swiss Economic Forum, the CEO estimated that the future of Credit Suisse...
UBS CEO Sergio Ermotti (pictured) shared on Friday that he believes Credit Suisse Group AG is no longer seeing outflows, adding that the situation has stabilized.
During his address to the Swiss Media Forum in Lucerne, Ermotti also expressed hopes that an investigation into the collapse of the bank...
UBS Group AG announced in a statement on Tuesday that Credit Suisse Group AG CEO Ulrich Korner will be joining the Executive Board after the takeover transaction between the two is closed. This is expected to take place "in the next few weeks."
"With his knowledge of both organizations, he...
UBS CEO Sergio Ermotti (pictured) said on Wednesday that the bank expects to complete its takeover of Credit Suisse "at the end of May or beginning of June."
Speaking at the Finanz '23 event in Zurich, Ermotti stressed that UBS is still waiting for necessary regulatory approvals in the European...
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