UBS CEO Ermotti on Earnings, Cost Savings, Capital Return

UBS CEO Ermotti on Earnings, Cost Savings, Capital Return

UBS CEO Sergio Ermotti speaks to Bloomberg's Stephen Carroll after the lender posted third-quarter profit broadly in line with expectations, with a surge in client inflows potentially buoying the outlook for the global wealth manager. The Zurich-base...

UBS CEO Sergio Ermotti speaks to Bloomberg's Stephen Carroll after the lender posted third-quarter profit broadly in line with expectations, with a surge in client inflows potentially buoying the outlook for the global wealth manager. The Zurich-based bank said net income in the three months through September was $2.69 billion, while net new assets in the wealth unit came in at $55.1 billion, led by Asia Pacific and the Americas. (Source: Bloomberg)
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Bloomberg — Markets (EN)




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