UBS' Ermotti on Share Buyback, Wealth-Management Combination

The video discusses UBS's key announcements, including an 8% dividend increase and a share buyback program. It covers the bank's capital strategy, market positioning, and joint leadership in wealth management. The focus is on cost efficiency and growth without job cuts, investment bank performance, and compensation strategy. The impact of US tax reform on wealth management and client investments is also explored, along with Martin Blessing's role in the board.

What are the expectations regarding wealth management client engagement in the current market?

How does the recent tax reform in the United States impact client investment behavior?

What qualities does Martin Blessing bring to his new role in wealth management?