UBS CEO Sergio Ermotti on Earnings, Buybacks, Credit Suisse: Full Interview

UBS will resume share buybacks this year, vowing to hand as much as $1 billion to shareholders in the second half as it seeks to move beyond the integration of Credit Suisse. Chief Executive Officer Sergio Ermotti told Bloomberg's Francine Lacqua in Zurich that UBS needs to price risk "in a better way." "One thing we need to do is be willing to sacrifice a little bit of topline growth in order to improve the returns of our financial resources," Ermotti said.
Read more here: www.bloomberg.com/news/articl...
--------
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: www.bloomberg.com
Connect with us on...
Twitter: / business
Facebook: / bloombergbusiness
Instagram: / bloombergbusiness

[@Mustanghands]

Excellent interview. Impressed with the content of the questions and respectful tone. A+ interviewer

[@DF-xh5lc]

Why are the shares down premarket if the results were so good ???

[@Amnesius287]

Markets don’t like it

[@2-worlds-on-earth]

Thanks to SCB for writing down Credit Suisse AT1 bonds to zero! You definitely connected the dots with a big help from Credit Suisse AT1 bonds holders!!!! This is a classical example of daylight robbery! No shame on your boasting..

[@MrLouieG23]

“What is the robbing of a bank compared to the founding of a bank?” ― Bertolt Brecht

[@emanuelacomerio5334]

E' dal 1968. Il famoso 1968 1969. Purtroppo non abbiamo potuto giocare fino ad oggi per via dell"attacco presa vecchia epoca. Tengo il trasformatore e ho ritirato il foglio a nastro rosso a casa comunale magenta casa giacobbe. Ora non ho tempo per occuparmi di questioni amministrative e di governo che non raccolgono il mio interessi. Io mi occupo di fondi. Fondi bancari e finanziari.

[@alekseykozyakov7141]

before 2021 he worked in CS, after that CS was died. Right now he is working in UBS how do you think what will happen with UBS?

[@entropos3000]

that's not true, he never worked for CS

[@slr0118]

he worked in ubs than swiss re than again ub, dafuq are u talking about

[@ruthzimmermann-vb8uc]

Unverschämt dieses Einkommen! Kein Mensch ist soviel wert! Und die vielen Armen, Herr Ermotti?