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.

What is the focus of UBS in executing their plans for 2017?

What factors contribute to UBS's ability to retain talent according to the speaker?