Here's your summary from UBS Shakes Up Executive Team in Hint of CEO Race: (https://www.youtube.com/watch?v=mrQ7VYGZ_1w) on the Bloomberg Television channel:

**TLDR:** UBS is shaking up its executive team in preparation for a potential CEO succession, with a focus on global wealth management and the U.S. market.

1. UBS is restructuring its executive team to prepare for a potential CEO succession, with a focus on the global wealth management business, particularly in the U.S.

2. The current CEO, Sergio, is expected to stay until at least 2027 to oversee the integration and growth strategy in the U.S.

3. UBS remains committed to the Asia-Pacific region despite challenges, emphasizing their focus on ultra-high net worth clients and long-term growth.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

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