In his first quarter as the CEO of UBS Group AG, Sergio Ermotti achieved a historic profit following the bank’s acquisition of Credit Suisse. Now, the challenge lies in reclaiming the more than $200 billion in assets that clients had withdrawn from Credit Suisse in the preceding quarters.
![](https://krugmaninsights.com/wp-content/uploads/2023/09/104222240-Sergio_Ermotti_UBS-1024x683.jpg)