Sullivan & Cromwell LLP

10/11/2024 | Press release | Distributed by Public on 10/11/2024 17:38

Bob Giuffra Hosts Fireside Chat with UBS CEO Sergio Ermotti at American Swiss Foundation Fall Luncheon

Bob Giuffra, S&C Co-Chair and Chair of the American Swiss Foundation, was joined by UBS Group CEO Sergio P. Ermotti for a fireside chat at the American Swiss Foundation's fall luncheon, which was hosted by the New York Stock Exchange. The discussion focused on Switzerland's deep economic ties with the United States-a key driver of prosperity for both countries.

The conversation also examined the merger between UBS and Credit Suisse -one of the largest bank mergers in history-as well as the outlook for European bank consolidation in the next five to 10 years and the global economic landscape when considering the upcoming U.S. Presidential election and other geopolitical factors.

The American Swiss Foundation is a private non-profit foreign policy organization headquartered in New York. It was founded in 1945 with the mission of preserving and strengthening the historic friendship between the United States and Switzerland.