The Swiss financial center under pressure according to Sergio Ermotti
The Swiss financial center under pressure according to Sergio Ermotti
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The outgoing UBS director Sergio Ermotti is worried about a possible decline in the Swiss financial center following Brexit. Several countries will take advantage of this to give preference to their banking institutions.
“After Brexit, the British will do their utmost to strengthen their financial center by means of strict and pragmatic regulation”, warns the boss of the number one…
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