UBS CEO expresses doubts over U.S. inflation control
In a candid interview with Le Matin Dimanche, Sergio Ermotti, the CEO of the Swiss banking powerhouse UBS, expressed skepticism about central banks’ ability to rein in inflation effectively. This statement comes amid a critical phase where global financial markets and policymakers grapple with the challenges of balancing economic growth and inflation control. Ermotti’s perspective […]
UBS demands stricter penalties for banks – Why?
In an unexpected twist, UBS Chief Executive Sergio Ermotti has stepped into the spotlight, advocating for more stringent regulatory measures and penalties for negligent bankers. This call for action stems from the recent tumultuous downfall of Credit Suisse, a significant player in the Swiss banking sector. Ermotti’s stance, particularly coming from a senior banking executive, […]
