UBS's Ermotti: Not Welcome to See Too Much Deregulation

The video discusses the potential for deregulation in the banking sector, particularly for second and third-tier banks, to allow mergers and improve liquidity management. It highlights past issues due to lack of regulation and suggests a pragmatic approach to fine-tuning existing regulations to prevent future crises.

What is the speaker's main concern regarding large banks in a crisis?

• They might become a bigger problem.

• They will not be able to merge.

• They will have too much liquidity.

• They will face too much regulation.

What potential change does the speaker foresee for second and third-tier banks?

• They will face more regulation.

• They will be allowed to merge.

• They will be closed down.

• They will be nationalized.

What issue did the lack of regulation in smaller banks cause in the past?

• A basic problem.

• An increase in bank closures.

• A rise in interest rates.

• A sophisticated financial crisis.

What does the speaker hope will not happen with future regulations?

• Nationalization of large banks.

• Increased interest rates.

• Complete deregulation of all banks.

• More regulations that create issues.

What approach does the speaker suggest for future regulations?

• A more pragmatic approach.

• A complete overhaul of regulations.

• A return to previous regulations.

• A focus on deregulation only.