ZURICH, Oct 27 (Reuters) - UBSUBSG.S CEO Sergio Ermotti said on Tuesday his bank's integration of fallen rival Credit Suisse, which it acquired in 2023, forced it to slow its deployment of AI somewhat, but now the lender can put even more emphasis on technology.
Ermotti, who was speaking at an event at the ETH university in Zurich, also said the bank was not allowing any outside AI agents to enter UBS on behalf of clients.
Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
