UBS’s Weber Says Focus Is on Gaining U.S. Market Share

The transcript discusses the bank's strategic focus on wealth management, addressing investor concerns, and adapting to regulatory changes. It highlights challenges in reducing the cost to income ratio, especially in wealth management, and outlines the bank's ambitions in the US market. The bank acknowledges its limitations in competing with major US banks but aims to improve its position. It also addresses outflows, particularly in the US, and emphasizes its strong position in Asia. Succession planning and legal challenges, such as the French trial, are also discussed.

What are the implications of the ambitious target of 15% return on equity for the bank's investors?

What challenges does the bank face in reducing its cost to income ratio?

How does the bank plan to maintain its number one position in wealth management globally?

In what ways is the bank focusing on the U.S. market for growth?

How does the bank view its competition with American banks in wealth management?

What strategies are being implemented to address outflows in the wealth management business?

What is the bank's approach to succession planning as it heads into its ninth year of leadership?