"UBS CEO Challenges Swiss Perception of Bank's Balance Sheet Concerns"
TL;DR Summary
UBS CEO Sergio Ermotti defends the bank's enlarged balance sheet following its takeover of Credit Suisse, stating that concerns are fueled by academic indoctrination and urging the public to consider the low-risk nature of the new entity. Ermotti emphasizes the bank's contribution to the Swiss economy and highlights the need for informed opinions, while acknowledging lingering reservations among the Swiss population.
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