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UBS CEO warns that excessive banking regulations could harm growth and innovation.
UBS CEO Sergio Ermotti has cautioned against overly strict banking regulations as the industry prepares for significant changes.
He argues that while reforms are necessary, excessive regulation could stifle growth and innovation in the financial sector.
This comes as major banks anticipate substantial overhauls in response to evolving economic conditions and regulatory pressures.
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El CEO de UBS advierte que las regulaciones bancarias excesivas podrían dañar el crecimiento y la innovación.