UBS CEO Ermotti Sees 'Good Momentum' in Regaining Credit Suisse Funds

The video discusses the integration of Credit Suisse into UBS, highlighting swift progress and cooperation with global regulators. The speaker emphasizes the importance of engaging with Chinese stakeholders and reports a positive shift in client activity and asset returns in Asia. Financial momentum is strong, with forecasts being confirmed. The speaker clarifies that while restructuring is necessary, natural attrition and demographic trends are helping manage staffing levels sustainably.

What was a key factor in the swift integration of Credit Suisse?

• The rise in investor sentiment

• The increase in client activity

• The cooperation of global regulators

• The reduction in headcount

What was the most important topic for UBS in terms of client activity?

• The increase in headcount

• The return of assets to Credit Suisse

• The rise in global interest rates

• The expansion into new markets

What does UBS mean by 'good momentum' in the third quarter?

• A decrease in global investments

• A substantial confirmation of forecasts

• A reduction in operational costs

• A decline in client confidence

What is UBS's approach to managing headcount?

• Hiring more staff

• Natural attrition and internal movements

• Outsourcing jobs

• Immediate layoffs

What is the primary goal of restructuring Credit Suisse?

• To expand into new industries

• To reduce the number of clients

• To extract synergies and strengthen the business

• To increase the number of branches