Sergio Ermotti, chief executive officer of UBS: “I do not think there is an issue in Europe (with) ... too big to fail, actually we should introduce too small to survive. That’s the real issue.” Photograph: Valentin Flauraud/Bloomberg

European banks are more concerned about being “too small to survive” than “too big to fail” due to the challenges they face from holding more c(...)

Sergio Ermotti, chief executive officer of UBS AG.  Photograph: Gianluca Colla/Bloomberg

UBS AG, Switzerland’s largest bank, reported an increase in second-quarter profit and said it is close to a settlement over US mortgage-backed bond sa(...)

UBS, Switzerland’s biggest bank, reported first-quarter earnings that beat analyst estimates. Photo: Bloomberg

UBS, Switzerland’s biggest bank, reported first-quarter earnings that beat analyst estimates on higher revenues at the investment bank and in w(...)