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UBS CEO: Investment banking industry faces a 'permanent challenge'

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UBS CEO: Investment banking industry faces a 'permanent challenge'
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UBS took a hit in its Q3 earnings this morning with the biggest drop coming from its investment banking unit amid what CEO Sergio Ermotti called a “challenging environment.'

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UBS tightens investment banking belt as earnings slide continuesUBS tightens investment banking belt as earnings slide continuesUBS tightens investment banking belt as earnings slid 16% in the third quarter and put the group’s 2019 profit goals further out of reach EN CHILE VIOLAN LOS DERECHOS HUMANOS,YA HAY MUERTOS POR LA REPRESIÓN,TODOS DEBEN DENUNCIAR ESTOS DESMANES DE LOS GOBIERNOS NEOLIBERALES,JALABOLAS DEL IMPERIO NORTEAMERICANO,O SEA DE TRUMP,RETWITEAR understand they will tap the IB to find v savings. Cull the top management These zombie corporations are ripe for the taking
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