UBS CEO Warns of Geopolitical Volatility Despite Healthy AI Pullback

UBS CEO Sergio Ermotti reported pre-tax profits of $3.6 billion for the quarter and cautioned investors about the larger risk of geopolitical volatility, despite a healthy pullback in AI investments.

29 Jul, 08:29 — 29 Jul, 08:29

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cnbcMostly Factual9h ago

UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch

The Swiss banking gian reported pre-tax profits of $3.6 billion for the quarter, as CEO Sergio Ermotti warned of geopolitical volatility ahead.

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UBS CEO Warns of Geopolitical Volatility Despite Healthy AI Pullback

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UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch

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