UBS CEO: Investment Banking Revenue Pressure `Is There to Stay'

The transcript discusses maintaining business continuity and cost management without drastic measures. It highlights strong performance in the second quarter but emphasizes the need for vigilance in a challenging market environment. The focus is on optimizing resources and staying close to clients. The impact of restructuring in other financial institutions, like Deutsche Bank, is also considered, with some positive effects on business operations.

What factors could trigger a substantial review of the business according to the speaker?

How does the speaker describe the performance in the second quarter?

What is the speaker's perspective on the current competitive environment?

What does the speaker suggest about the redistribution of share of wallet?

What changes in strategy are mentioned regarding banks undergoing restructuring?