UBS Group AG (NYSE:UBS)

$ 30.1 -0.24 (-0.79%) Market Cap: 97.39 Bil Enterprise Value: 175.40 Bil PE Ratio: 3.33 PB Ratio: 1.17 GF Score: 73/100

UBS Group AG at Morgan Stanley European Financials Conference Transcript

Mar 20, 2019 / 08:00AM GMT

Release Date Price: $12.32 (-1.99%)

Transcript

Magdalena Lucja Stoklosa

Morgan Stanley, Research Division - MD

Thank you, gentlemen. That, of course, is a great introduction here. So I'm delighted to welcome Sergio Ermotti, the CEO of UBS, who is going to start with a short presentation. Then we're going to go through a couple of questions on a fireside chat, and we're going to open to the audience. Sergio?

Sergio P. Ermotti

UBS Group AG - Group CEO & Chairman of Executive Board

Good morning. Thank you, Magdalena, and great to be here. Before I start, I'd like to draw your attention to our cautionary statement. You can also find this presentation and my remarks on our Investor Relations web page.

As you know, our franchise is well diversified, and we have a strong presence in the biggest and the fastest growing markets. With over half of our earnings generated by asset gathering businesses, we are well positioned to take advantage of the secular trends of economic growth and wealth creation.

While the current geopolitical and macroeconomic picture is quite adverse, such events are

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