UBS's benchmark is across Atlantic not across town
By Hernandez in Business
Updated 3 years ago
UBS (UBSG.S) Chief Executive Ralph Hamers is "reimagining the power of investing". Shareholders may get a different vibe from the Swiss bank's first quarter results on Tuesday. The risk for the $55 billion Zurich-based group is that Hamers' tenure suffers from a surfeit of verbiage and a shortage of verbs – namely, cut.