UBS CEO Sergio Ermotti stated on Thursday that regulatory uncertainty is negatively impacting the valuation of UBS and other European lenders. He also noted that the integration of Credit Suisse has placed an added burden on the Swiss bank.
Ermotti's comments underscore the challenges UBS faces from an unpredictable regulatory environment, particularly concerning new capital requirements. This uncertainty can deter investors and affect the bank's market perception.
The CEO's remarks highlight the dual pressures of a massive integration project and an evolving regulatory landscape. These factors collectively contribute to a more complex operating environment for UBS.
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