Ermotti's Strategy for UBS

The video discusses UBS's potential need for a strategy update, highlighting investor interest in more detailed strategic plans. UBS has focused on wealth management over investment banking, becoming a role model for other banks. The video also touches on the potential impact of Steinhoff International on UBS's earnings, with speculation about possible financial exposure.

Why are some investors interested in UBS updating its strategy?

• Because UBS has been holding Investor Days annually.

• Because UBS's current strategy and targets are outdated.

• Because UBS is focusing more on investment banking.

• Because UBS has no competition in the market.

What has been UBS's strategic focus in recent years?

• Focusing solely on retail banking.

• More wealth management, less investment banking.

• Equal focus on wealth management and investment banking.

• More investment banking, less wealth management.

What is UBS's unique selling point according to the discussion?

• Its wealth management position.

• Its retail banking services.

• Its investment banking services.

• Its annual Investor Days.

What is the anticipated concern for UBS during the European earnings season?

• An increase in investment banking revenue.

• A decline in retail banking profits.

• A potential hit from Steinhoff International.

• A new competitor entering the market.

What is uncertain about UBS's financial situation regarding Steinhoff?

• Whether UBS will hold an Investor Day.

• Whether UBS will announce a new strategy.

• Whether UBS will face a financial charge.

• Whether UBS will increase its wealth management focus.