Ermotti’s UBS legacy leaves space for a third act
Why would someone like the Swiss banker step away just when things are about to get fun?
Why would someone like the Swiss banker step away just when things are about to get fun?

Race for coveted role comes as bank fights Swiss government over threat of more stringent capital buffers

Discussions came as Colm Kelleher tries to pressure Swiss government to back down over proposed capital rules

Bern’s plea for a level playing field may resonate with the boss of its biggest bank

Sergio Ermotti tells FT it would take a ‘very profound and painful crisis’ to pressure politicians to take action

A firm should think carefully about which risks are worthwhile and tolerable to their clients

It is not in the country’s interests for its biggest bank to be uncompetitive