UBS CEO Hamers Says Wealth Clients Are in 'Wait and See' Mode

The video discusses the impact of interest income on net income, highlighting a 35% increase driven by interest. It explores whether this is the peak of interest income, considering factors like the dollar and Swiss franc effects. The discussion shifts to inflation and central bank policies, with insights from Paul Krugman on potential rate hikes. Wealth management is examined, focusing on client trust and market challenges. The video concludes with an analysis of market trends, risk assessment, and the potential for increased visibility in the coming weeks.

What challenges did the wealth management sector face in the fourth quarter as described in the text?

What indicators suggest a potential recovery in the capital markets?