UBS CEO Ermotti Warns Swiss Banking Reforms Go Too Far
UBS Group AG Chief Executive Officer Sergio Ermotti said the proposed new banking regulations in Switzerland go “too far” and that lender needs a competitive regulatory framework to grow.
By Myriam Balezou, Amanda Wang, Stephen Engle · Bloomberg Markets
UBS Group AG Chief Executive Officer Sergio Ermotti said the proposed new banking regulations in Switzerland go “too far” and that lender needs a competitive regulatory framework to grow.