1013 GMT - UBS Group's clients are keen to diversify in a volatile environment, Chief Executive Officer Sergio Ermotti says at a Morgan Stanley conference in London. Clients are looking for advice and solutions to navigate an uncertain environment, he says. "Not surprisingly, [the] consensus that we saw towards the end of 2024 and beginning of 2025 has turned out to be totally wrong," Ermotti says. UBS's CEO says he is confident the bank is able to fulfill its targets in terms of costs, growth and returns on capital. Shares fall 1.8%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
March 19, 2025 06:13 ET (10:13 GMT)
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