UBS (UBS) CEO Ermotti expects good momentum in the capital market pipeline, but says we should not underestimate geopolitics and volatility

• Redomiciliation is not something they are now focusing on, preferred option is to be a global bank based in Switzerland.

UBS CEO Ermotti's comments indicate a positive outlook on capital market activities, which could suggest strong performance potential in upcoming deals or financing. However, his caution regarding geopolitics and volatility underscores the risks that could impact market stability, making it crucial for traders to weigh this optimism against potential external disruptions. The focus on maintaining UBS's global presence suggests a strategy to leverage Swiss stability while navigating complex market dynamics.