A biography for Sergio Ermottihasn’t been written yet.
“We don't really believe there's much room for the creation of new currencies if there is no real backing for a hard and credible issuer of that currency.”
“I don't think that the financial services industry and that banking in particular are any different than any other part of the economy, any other industry outside banking.”
“We have a very competitive and profitable investment bank and strong asset management capabilities. We want to continue to build on all those businesses organically.”
“When you look at billionaires, many of them share one characteristic: They were not born billionaires.”
“As a Swiss-Italian who has always worked for foreign banks, there was clearly an element of pride going back to my roots and working for the biggest bank in my country.”
“Usually, you measure appetite of investors by their ability or willingness to take a bit of leverage on their positions.”