UBS' CEO Sees a Bit of Momentum in 1Q

The transcript discusses the momentum from Q4 to Q1, highlighting client activity and market optimism. It touches on the political influence of the Trump administration and tax policies, emphasizing the need for concrete actions. Wealth Management America shows strong performance, with expectations for continued growth. Cross border outflows are noted but not seen as a major issue. The investment bank's performance is analyzed, with a focus on capital allocation and technology investment.

What are the implications of cross-border outflows for the wealth management sector in 2017?

How does the speaker evaluate the performance of the investment bank in terms of capital allocation?

What role does technology play in the future strategy of the wealth management firm?