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 to Acquire Credit Suisse Group AG Call Transcript

Mar 19, 2023 / 09:00PM GMT

Transcript

Sarah Mackey

UBS Group AG - Head of IR

Good evening, and welcome, everyone. Before we start, I would like to draw your attention to our cautionary statement slide at the back of today's presentation. Please also refer to the risk factors in our annual report together with additional disclosures in our SEC filings. With you this evening are our Chairman of the Board, Colm Kelleher; our CEO, Ralph Hamers, and our CFO, Sarah Youngwood.

With that, let me hand over to Colm for opening remarks.

Thomas Columba Kelleher

UBS Group AG - Chairman

Thank you, Sarah. It's a historic day in Switzerland and a day, frankly, we hoped would not come. Thank you, everyone, for making the time to join us late on a Sunday evening. We wanted to be able to update our shareholders across the globe on our acquisition of Credit Suisse and the protections we have obtained for our shareholders.

Let me start by saying that UBS has been firmly committed to our organic growth strategy. Various events over the last few weeks resulted in regulators across the world urging

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