Sergio Hermotei is in his second stint as CEO of UBS, Switzerland's largest bank and Europe's largest wealth manager. In 2023, he was brought back just weeks after UBS agreed to rescue Kitty Swiss from the brink of collapse. Since then, he's been integrating Kyis Swiss and more recently he has found himself in a standoff with the Swiss authorities.Uh Sergio, before we get into the nitty-gritty of capital requirements, let's talk about you. How do you get into banking. >> Well, actually uh you know, when I w ...

SWITZERLAND'S LARGEST BANK NOW HOLDS 1.12 BILLION IN STRATEGY@UBS Group, the $6.6 trillion Swiss banking giant, has accumulated 6.31 million shares of $MSTR worth $1.12 billion, the latest disclosure shows.The bank added 551,121 shares for roughly $98 million in the most recent filing. The accumulation has been aggressive: UBS held 2.52 million shares ($415 million) in January, 5.76 million ($805 million) in February, and 6.31 million ($1.12 billion) in May.A separate 13F filing also disclosed direct ripple ...