UBS CEO Ermotti on Earnings, Pandemic, Client Sentiment

The video discusses the performance of investment banking and wealth management, highlighting strong results in asset management and client engagement. It explores client activity, market sentiment, and geopolitical influences, including the US-China situation and upcoming US elections. The economic outlook is analyzed, considering potential impacts of a vaccine and recession scenarios. Credit markets are examined, emphasizing diversification and liquidity strategies. Finally, the prospects for dividends and a European financial deal are discussed, with a focus on capital generation and share buybacks.

How does the current market situation reflect on the level of defaults expected globally?

What is the outlook for credit markets in light of the liquidity situation and central bank interventions?

What are the expectations regarding the dividend payments in the third and fourth quarters?