Ermotti Says UBS Ahead of Peers Even Amid $13 Billion Outflows

The video discusses wealth and asset management, highlighting different segment trajectories and regional performance. Despite challenges, Asia saw a 5% increase, while the US experienced net outflows but outperformed peers in invested assets. The US market showed a trend of reduced leverage and increased cash holdings, reflecting a broader market sentiment.

What were the overall results of the firm in wealth management described as?

What was the year-on-year increase in wealth management in Asia despite market conditions?

How did the performance of the firm in the US market compare to its peers?

What does the speaker imply about the competitive position of the firm?

What factors contributed to the sentiment of clients regarding leverage and cash in Q4?