⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
UBS President, Colm Kelleher, emphasizes that imposing higher capital requirements on UBS would be detrimental to the bank's shareholders and customers. Instead, he advocates for granting increased authority to Switzerland's banking supervision, calling for the imposition of fines and the dismissal of managers deemed incompetent. In addition, Kelleher underscores the necessity of aligning top management compensation with long-term objectives, as evidenced in his interview with the Neue Zürcher Zeitung.