UBS's Ermotti: Not Welcome to See Too Much Deregulation

The video discusses the potential for deregulation in the banking sector, particularly for second and third-tier banks, to allow mergers and improve liquidity management. It highlights past issues due to lack of regulation and suggests a pragmatic approach to fine-tuning existing regulations to prevent future crises.

How does the speaker view the relationship between deregulation and liquidity management?

What is the speaker's hope regarding the evolution of existing regulations?