Ermotti: 2017 Growth Momentum Coming From U.S.

The video discusses growth expectations for 2017, highlighting strong momentum in Australia and Asia, while the US and Europe show disappointing developments. It emphasizes cost optimization and investment in technology to meet regulatory requirements. The potential impact of deregulation under Trump is considered, but significant changes are not expected. The focus remains on executing strategic plans, with the US market showing promise. Asset management is expected to grow, particularly in Asia, with a focus on profitability and selective onboarding.

Which region is expected to show the most growth in 2017 according to the transcript?

• Africa

• United States

• Asia

• Europe

What is the company's primary focus in response to external uncertainties?

• Increasing marketing efforts

• Executing existing plans

• Expanding into new markets

• Hiring more employees

What is the company's stance on deregulation under Donald Trump's administration?

• Planning to lobby for more deregulation

• Believing deregulation is unnecessary

• Anticipating a slowdown in regulatory changes

• Expecting significant deregulation

What is a key factor in the company's asset management strategy?

• Focusing solely on European markets

• Maximizing leverage

• Onboarding as many clients as possible

• Being selective to maintain profitability

What is the expected growth in assets for the company by the end of the year?

• 50 billion

• 30 billion

• 10 billion

• 70 billion