When you compare our fixed-income business with some of our competitors, there are some gaps. We do see opportunities to invest into people, in some instances into risk.
More Quotes from Peter Wuffli:
This is a substantial result in a business when we were literally nobodies four or five years ago.Peter Wuffli
We have reaped the benefits from investment banking. We are particularly pleased with our MA performance in a business where we were literally nobody four or five years ago.
Peter Wuffli
We regard this agreement as a natural development of our long-term relationship with Bank of China.
Peter Wuffli
Julius Baer's business model is very similar to that of the three private banks and GAM. The sale of the complete unit pays special attention to the preservation of continuity between clients and their advisers creating value for all parties.
Peter Wuffli
We continue to be interested, we continue to see targets, we continue to analyze and look at opportunities. We do want to invest (in wealth management), ... We do have room for buying back (more shares), but the first priority remains to invest in the business.
Peter Wuffli
As in 2004, we have achieved another record level of profit. Although markets clearly helped us last year, we believe the result also reflects the sustainable earnings power of UBS, based on our client-centric strategy of business focus and growth.
Peter Wuffli
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