{"id":1949838,"date":"2023-06-17T06:55:02","date_gmt":"2023-06-17T10:55:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/prospects-for-ubs-are-better-than-ever-ceo-ermotti\/"},"modified":"2023-06-17T06:56:53","modified_gmt":"2023-06-17T10:56:53","slug":"prospects-for-ubs-are-better-than-ever-ceo-ermotti","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/prospects-for-ubs-are-better-than-ever-ceo-ermotti\/","title":{"rendered":"UBS&#8217;s future looks brighter than ever &#8211; CEO Ermotti."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fprospects-for-ubs-are-better-than-ever-ceo-ermotti%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1949838&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><h2>ZURICH (Reuters) \u2013 UBS&#8217;s Chief Executive reassures Switzerland on new banking giant<\/h2>\n<\/p>\n<blockquote><p>&#8220;The prospects for UBS are better than ever,&#8221; Sergio Ermotti wrote in an <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nyts-op-ed-these-attacks-on-jews-are-especially-bad-because-it-makes-republicans-look-right\/\" title=\"NYT\u2019s Op-Ed: These Attacks On Jews Are Especially Bad Because It Makes Republicans Look Right\">opinion piece published<\/a> in the Swiss paper Tages-Anzeiger. &#8220;This also applies to the future of the Swiss financial centre and its important role in the Swiss economy.&#8221;<\/p><\/blockquote>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>Ermotti, who returned to the bank as Chief Executive in a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/prospects-for-ubs-are-better-than-ever-ceo-ermotti\/\" title=\"UBS's future looks brighter than ever - CEO Ermotti.\">surprise move shortly<\/a> after the government orchestrated rescue of Credit Suisse was announced, addressed public concern over the size of the combined bank.<\/p>\n<p>He said &#8220;there is no doubt that UBS is a large bank,&#8221; but that the company&#8217;s business model also contributes to creating wealth for Switzerland.<\/p>\n<p>With the official closing of the deal having taken place on Monday, details of how the two banks, with a combined balance sheet of $1.6 trillion and a workforce of 120,000, will be integrated remain sparse.   <\/p>\n<p>&#8220;The question of what will happen to Credit Suisse&#8217;s Swiss business also needs to be well thought through,&#8221; he said.<\/p>\n<\/p>\n<p> (Reporting by Noele Illien, Editing by Louise Heavens)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/prospects-for-ubs-are\/attachment\/ubs-group-ag-news-conference-in-zurich-2\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Guggenheim Baseball Management to Salute Sisters of Perpetual Indulgence<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Rep. Andy Biggs Joins the Celebration<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Oligarchs Control America&#8217;s AI Strings<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>DOJ Berates Minneapolis PD<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Nation Gripped by Donald Trump&#8217;s Indictment and Arraignment<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Services on Facebook and Instagram Restored<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Microsoft Faces Legal Fights in Bid to Buy Activision<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Binance Affiliate Carries Out Funding Round<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>SEC Official Rejects Criticism of Regulation<\/h3>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>UBS CEO, Sergio Ermotti, reassured Switzerland about the new banking giant formed by UBS&#8217;s acquisition of Credit Suisse. In an opinion piece, Ermotti stated that UBS&#8217;s prospects are now stronger than ever. This positive outlook also extends to the country.<\/p>\n","protected":false},"author":66,"featured_media":1949839,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[28929,3850,23009,3899,3618,28930],"class_list":["post-1949838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-brighter","tag-ceo","tag-ermotti","tag-future","tag-riot","tag-ubss"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1949838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1949838"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1949838\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1949839"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1949838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1949838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1949838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}