UBS Group AG (NYSE:UBS)

$ 32.47 0.01 (0.03%) Market Cap: 103.39 Bil Enterprise Value: 201.07 Bil PE Ratio: 27.06 PB Ratio: 1.27 GF Score: 78/100

UBS Group AG at Bank of America Merrill Lynch Financials CEO Conference (Virtual) Transcript

Sep 22, 2020 / 11:20AM GMT

Release Date Price: $11.23 (-1.23%)

Transcript

Alastair William Ryan

BofA Merrill Lynch, Research Division - Co-Head of European Banks Equity Research

Thank you, ladies and gentlemen, welcome back. Great to be back with you. I'm really delighted to be hosting Sergio Ermotti, a long-time presenter here and long-time Chief Executive of UBS.

Sergio has a few slides, and we then have plenty of time for Q&A. And as through the day, please feel free to type your questions in, and I will edit and present them. I can't guarantee to ask word for word, but we can certainly aim to get the spirit of the questions across.

With that, Sergio, the floor is yours.

Sergio Ermotti

Thank you, Alastair. Happy to be here. And before I start, please take note of the important information on the first slide.

Moving to Slide 2. The last few months put many of us to the test personally and professionally. It has been good to see the resilience of the banking industry as a whole so far so and the UBS, in particular. We were prepared. Of course, we didn't foresee the pandemic, but it was clear to us that

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