UBS' Ermotti Says Wealth Management Merger Will Result in 'Streamlining'

The video discusses the proactive joint leadership of Mr. Blessing and Mr. Naruto, emphasizing it as a strategic move rather than a reaction to external pressures. It highlights the evolution and growth of businesses over the past years, focusing on restructuring and enhancing communication. The video also outlines plans for cost efficiency by streamlining operations, aiming to achieve growth and meet cost targets.

What are the expected outcomes of streamlining support functions?

In what ways does the speaker suggest the organization can achieve its cost targets?