UBS CEO Ermotti on First-Quarter Profit, Coronavirus Impact

Apr.09 — UBS Group AG delayed its dividend even as the Swiss lender reported a surprise jump in first-quarter profit that suggests lenders so far are benefiting from volatility in the wake of the coronavirus pandemic. Chief Executive Officer Sergio Ermotti discusses the bank’s results, as well as the global policy response to the virus, in an interview on “Bloomberg Surveillance.”

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