UBS CEO: We Have to Be Focused on Continuing Cost Cuts

The video discusses wealth management strategies, focusing on executing current plans and exploring new ideas without major changes. It highlights cost management, emphasizing technology investments to enhance efficiency. The investment banking landscape is analyzed, considering market dynamics and the importance of scale. Economic trends, Fed policy, and interest rates are examined, with a cautious outlook on potential recessions and the impact of negative rates.

What are the main responsibilities of the new co-heads in wealth management?

What is the significance of the 60-day plan mentioned in the text?

How does the speaker view the potential for big revolutions in the wealth management strategy?

What are the expected changes in the investment banking landscape over the next few years?

What challenges do US banks face in the current competitive landscape?

How are clients reacting to the current economic conditions according to the speaker?

What are the implications of negative interest rates as discussed in the text?