UPDATE 1-UBS boss Ermotti fears Europe’s banks ‘too small to survive’
UBS Group Chief
Executive Sergio Ermotti on Wednesday said banking
consolidation, especially in Europe, is unavoidable in coming
years as institutions must achieve critical mass to remain
competitive.
Executive Sergio Ermotti on Wednesday said banking
consolidation, especially in Europe, is unavoidable in coming
years as institutions must achieve critical mass to remain
competitive.
Posted by Reuters
