I'm totally convinced that the battleground of banking is not the front office. The battleground is the back end.

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• Sergio Ermotti:

  There's no understandable reason why the financial services industry has not developed a more compr

• Sergio Ermotti:

  We don't really believe there's much room for the creation of new currencies if there is no real ba

• Sergio Ermotti:

  We believe existing currencies may move into becoming more of a crypto-currency.

• Sergio Ermotti:

  People should never take things for granted.

• Sergio Ermotti:

  We have to have a business model that can be a sustainable and acceptable one to both regulators an

• Sergio Ermotti:

  Wealth management businesses are capital light businesses.

• Sergio Ermotti:

  Many businesses in an investment bank, not only at UBS, are structurally a loss leader, so they don

• Sergio Ermotti:

  We have a very competitive and profitable investment bank and strong asset management capabilities.

• Sergio Ermotti:

  I don't think that the financial services industry and that banking in particular are any different

• James L. Dolan:

  I don't make my decisions by P.R. I make my decisions based on what I think is right or wrong.