UBS: From Swiss bear to Asian bull

Of all the global investment banks, UBS has perhaps the most unlikely provenance, rooted as it is in private-banking skills. After transformational acquisitions a new UBS has emerged that means business. Group CEO Peter Wuffli outlines its ambitions in Asia.

UBS’s GROUP CHIEF executive officer, Peter Wuffli, cuts a somewhat unlikely figure for a global head of one of the world’s leading investment banks. Softly spoken and self-effacing, he might seem more at home pampering wealthy private clients in his native Switzerland than getting involved upfront in one of the world’s most cut-throat businesses.

Appearances can be deceptive. Behind the mild manners and urbane exterior lies a conviction and determination that has steered UBS through difficult markets, tricky acquisitions and vicious competition to begrudging acceptance from its mainly US peer group.

Thanks for your interest in Euromoney!
To unlock this article: