While government clearly plays the major role in fighting poverty through policies on things such as education, tax, and trade, business creates the wealth that matters. — Sergio Ermotti Copy Share Image
Businesses are among the first to see changes in the labor market, but few countries have the necessary close relationship between business and educators to ensure this information reaches the education system. — Sergio Ermotti Copy Share Image
Can a bank that is part of this society be sure that it has no bad apples? No, because, like in all other industries… — Sergio Ermotti Copy Share Image
In 1987, Merrill Lynch asked me to open a Swiss capital markets operation. I was 27. In hindsight, I was lucky enough to start… — Sergio Ermotti Copy Share Image
Philanthropic funding can play a vital role in testing and stimulating innovation that, when proven, can be implemented at scale by business or government. — Sergio Ermotti Copy Share Image
Many businesses in an investment bank, not only at UBS, are structurally a loss leader, so they don't pay for the cost of capital. — Sergio Ermotti Copy Share Image
We have to have a business model that can be a sustainable and acceptable one to both regulators and the other stakeholders, clients, and… — Sergio Ermotti Copy Share Image
If I have to tell you what was and is my mission, I think UBS can be the Apple or IBM of the banking… — Sergio Ermotti Copy Share Image
While government clearly plays the major role in fighting poverty through policies on things such as education, tax, and trade, business creates the wealth… — Sergio Ermotti Copy Share Image
Everything is always feasible if you run a corporate finance exercise: you can always try to come out with a justification on how things… — Sergio Ermotti Copy Share Image
Growth is what solves most of the big economic and social problems: poverty, government deficits, quality of life, rising healthcare and retirement costs. — Sergio Ermotti Copy Share Image
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… — Sergio Ermotti Copy Share Image
