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We do not comment on such speculation

The UBS does not want to comment on the recent rumors about a possible merger of the asset management line (AM) with DWS, the comparable division of Deutsche Bank. "We do not comment on such speculation," said CEO Sergio p. Ermotti on Thursday in a conference quarter lergebnis.

Ermotti stressed, meanwhile, that he was in terms of acquisitions "pragmatic". You wanted to find the best solution for a specific business. He referred to the question of analysts, whether the Bank could introduce a minority stake in a business area. Such would be the Bank in accordance with the speculation with a corresponding merger of their own in THE division with DWS.

in Principle, be placed AT the division well, so Ermotti. We are very pleased with the Transformation of the division over the last couple of years. You take care of the total business of the Bank, and I in Switzerland and in Asia-Pacific a good position. The division have certainly no Problem in relation to the Size. (sda)

Created: 25.04.2019, 13:33 PM

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