Sergio Ermotti Quotes

Sergio Ermotti
Sergio Ermotti
Swiss Businessman
Born: May 11, 1960
Bank Business Financial Management Think You
Related authors: Bill Gates Elon Musk Henry Ford Jim Rohn Les Brown Stephen Covey Steve Jobs Warren Buffett
Everything is always feasible if you run a corporate finance exercise: you can always try to come out with a justification on how things could work. But the real issue is to say how do you translate that into practice. Sergio Ermotti
Work Finance You Try Practice Corporate Everything Say Out Run Feasible Could Come Exercise Always How Real Issue Real Issue Justification Translate Things
We have to have a business model that can be a sustainable and acceptable one to both regulators and the other stakeholders, clients, and investors. Sergio Ermotti
Business Other Both Investors Acceptable Clients Model Sustainable Stakeholders Business Model
If I have to tell you what was and is my mission, I think UBS can be the Apple or IBM of the banking industry: companies that went from being admired to severe difficulties and to being back stronger than before. Sergio Ermotti
You Stronger Before Think Difficulties Back Severe Tell Admired Mission Industry Than Banking Being Companies Apple
I don't think that the financial services industry and that banking in particular are any different than any other part of the economy, any other industry outside banking. Sergio Ermotti
Financial Think Other Financial Services Outside Part Particular Economy Industry Than Any Banking Different Services
Philanthropic funding can play a vital role in testing and stimulating innovation that, when proven, can be implemented at scale by business or government. Sergio Ermotti
Government Business Innovation Scale Vital Implemented Proven Stimulating Testing Role Play Funding Philanthropic
Can a bank that is part of this society be sure that it has no bad apples? No, because, like in all other industries and companies, it's about people, and what you see is the reflection of the good and bad in society. So you employ people that you think are honest, but you have to manage them more and more with an eye towards missteps. Sergio Ermotti
Good You People Reflection Think Society Other Eye Bad See About More More And More Part Towards Like Employ Industries Sure Because Manage Bank Them Good And Bad Companies Apples Honest
If we call ourselves the preeminent wealth management firm globally, then it would be impossible not to be a strong player in the biggest market in the world, the Americas. Sergio Ermotti
Management World Strong Wealth Impossible Market Ourselves Would Would-Be Firm Call Globally Biggest Then Americas Player
When you start to get shareholders, clients, employees, rating agencies, and everybody converging, and then your competitors bad-mouth you, you know you did the right thing. Sergio Ermotti
You Employees Everybody Right Thing Rating Shareholders Know Clients Get Did The Right Thing Agencies Then Your Right Thing Start Competitors
Every bank has to find its own DNA. Sergio Ermotti
Own Every Find Bank
In 1987, Merrill Lynch asked me to open a Swiss capital markets operation. I was 27. In hindsight, I was lucky enough to start a business from scratch. And I mean from zero - no offices, even, just a space with walls between different areas. We decided to tear down the walls. Sergio Ermotti
Me Business Walls Space Down Enough Markets Area Open Between Operation Hindsight Offices Scratch Just Different Decided Different Areas Mean Capital Asked Lucky Even Tear Swiss Zero Start
I'm totally convinced that the battleground of banking is not the front office. The battleground is the back end. Sergio Ermotti
Back Battleground Totally End Office Front Banking Convinced
We don't really believe there's much room for the creation of new currencies if there is no real backing for a hard and credible issuer of that currency. Sergio Ermotti
Creation Believe Backing New Real Currency Room Much Really Hard Credible
Many businesses in an investment bank, not only at UBS, are structurally a loss leader, so they don't pay for the cost of capital. Sergio Ermotti
Leader Pay Cost Only Investment Loss Bank Capital Businesses Many

No more Sergio Ermotti quotes

Haven't find the right quote? Try quotes from authors related to Sergio Ermotti.

About
Site pages
Top Quotes
Authors
Today's birthdays
Copyright © Quotesia 2024