Sergio Ermotti, the chief executive parachuted in to UBS to oversee the rescue of Credit Suisse, talks to FT editor Roula Khalaf about the Swiss banking giant's standoff with the Swiss authorities, th
I have the feeling that UBS management is putting the bank at risk. The education system in Switzerland is very different when comparing the Gymnasium Matura and the Berufsmatura, with the first being much more demanding than the second. Why do Swiss people not seem to value education enough? Is there really no one who graduated from ETH or another elite university who could take responsibility for fixing the bank?
Why do so many Swiss people not strive for elite education? I will never understand.
"The Bank needs to stay profitable" This is it huh. Real genius we got here. All I hear is we need to take more money from people to remain profitable.
Grow the business by restructuring... seems to be the only idea of this man... CANNOT wait to automate the CEOs and every bit of the directors :face-blue-smiling:
Like jpmorgan chase, those 3,000 jobs looking to down size shareholders? Bigger legal issues then just letting go owner's of the company... But you already know this...
Your welcome Williams ll, James r. Fidelity investor shareholder owner recommended
Like a colonel in the battle, the cool and collected Mr Ermotti kept his calm and steered the ship towards stable waters. Quite impressive, and rare nowadays.
“I don’t see why you should impose a speed limit to all drivers because one driver who was authorized to go over the limit was going well over the speed limit.” That doesn’t feel like a very well thought out analogy if you’re trying to argue that the regulation is not necessary.
I was quite excited to tune in for this interview but the incessant interruption was painful to watch. "Let's talk avout you" he proceeds to do so and she cuts him off. And then that set the tone of the entire video.
Sergio is so polite for being interrupted all the time and still trying to fully answer the questions
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Why do so many Swiss people not strive for elite education? I will never understand.
Your welcome Williams ll, James r. Fidelity investor shareholder owner recommended