Ermotti: Looking Forward to Working With Hamers at UBS

The speaker expresses gratitude for being entrusted with managing a crucial transition for UBS, highlighting the importance of integration and the challenges involved. Acknowledging the groundwork laid by Ralph, the speaker emphasizes the need to avoid negative impacts on Swiss taxpayers. The commitment to a successful transaction is reiterated, focusing on the needs of clients, employees, and shareholders to ensure a positive outcome for all stakeholders.

What role does the speaker believe UBS can play due to Ralph's efforts?

• A problem for the financial community

• A neutral entity

• A solution for stakeholders

• A competitor in the market

What is the speaker's main concern regarding the transition?

• Increasing profits

• Reducing employee numbers

• Avoiding consequences for taxpayers

• Expanding globally

What does the speaker promise to do with their team?

• Reduce the workforce significantly

• Ignore the needs of stakeholders

• Focus only on increasing profits

• Work and do everything it takes for a successful transaction

How does the speaker plan to ensure the success of the transaction?

• By ignoring employee concerns

• By focusing solely on shareholders

• By balancing the needs of clients, employees, and shareholders

• By cutting costs

What is the speaker's vision for UBS's future?

• To become a small local bank

• To write a successful chapter in its history

• To focus only on Swiss clients

• To reduce its market presence