UBS CEO: 'Brexit' Threat to Globalization Worries Me

The transcript discusses the challenges and strategies of European banks in a negative rate environment, focusing on repricing services and managing overcapacity. It highlights the need for banks to specialize and adapt to regulatory changes. The conversation also touches on political risks like Brexit and their potential impact on banking operations.

What actions have been taken in Switzerland regarding negative interest rates?

How do negative rates affect the balance sheet of banks?

What are the potential risks associated with banks overextending credits?

What is the significance of focusing on specific segments in banking?

What challenges do European banks face in terms of overcapacity?

What opportunities exist for banks in the current economic environment?

How might Brexit impact the banking sector in Europe?