I don’t think that the financial services industry and that banking in particular are any different than any other part of the economy, any other industry outside banking. Sergio Ermotti Read Quote
We have a very competitive and profitable investment bank and strong asset management capabilities. We want to continue to build on all those businesses organically. Sergio Ermotti Read Quote
We have to have a business model that can be a sustainable and acceptable one to both regulators and the other stakeholders, clients, and investors. Sergio Ermotti Read Quote
There’s no understandable reason why the financial services industry has not developed a more comprehensive sharing of the value chain. Sergio Ermotti Read Quote
Everything is always feasible if you run a corporate finance exercise: you can always try to come out with a justification on how things could work. But the real issue is to say how do you translate that into practice. Sergio Ermotti Read Quote
When you start to get shareholders, clients, employees, rating agencies, and everybody converging, and then your competitors bad-mouth you, you know you did the right thing. Sergio Ermotti Read Quote
When you look at billionaires, many of them share one characteristic: They were not born billionaires. Sergio Ermotti Read Quote
Usually, you measure appetite of investors by their ability or willingness to take a bit of leverage on their positions. Sergio Ermotti Read Quote
