The leadership of UBS is facing increasing scrutiny and pressure following the forced takeover of Credit Suisse. This has led to a divisive mentality of “us versus them,” as noted by Samuel Gerber. Sergio Ermotti, the CEO of UBS, has been repeatedly questioned about the success of the takeover and the fate of Credit Suisse employees. He has responded with frustration, dismissing the need for more expensive capital and criticizing claims of the “new” UBS being too big for Switzerland as populist. Ermotti becomes particularly defensive when the size of the combined UBS-CS is criticized, dismissing it as a concept created by journalists for clickbait. This defensive attitude is concerning, as it suggests a detachment from external criticism and a potential delusion within the bank’s leadership. On the other hand, the expectations surrounding the merger require bold moves and a fast pace, leading UBS to focus internally while adopting a defensive stance externally. However, this approach risks further detachment from the outside world, which is dangerous given UBS’s importance and international connections. A recent report by the Swiss Financial Market Supervisory Authority highlights these concerns.

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Information	Details
Geography	Europe
Countries
Sentiment	negative
Relevance Score	1
People	None
Companies	Credit Suisse, NZZ, Eidgenössische Finanzmarktaufsicht (Finma), UBS
Currencies	None
Securities	None