Quotes by Summit News Our model now, instead of bringing in the novices, is now recruiting experienced advisers, people who are coming into the franchise now are people who are coming from other businesses. Don Froude summit-news If you're recruiting better people who have been more successful in the past, you have to be willing to pay them. Jim Weddle summit-news I am not worried at all about Swiss banking, about its long term viability, growth and ability to ride through this storm. Louay Al-Doory summit-news It would be moving from Swiss bank 'A' to Swiss bank 'B' in Singapore. What you will not find is local banks taking any of this money. Louay Al-Doory summit-news You need to be very mindful that you are dealing with declared assets (to tax authorities), who would be willing to acquire assets that are noncompliant. Louay Al-Doory summit-news They've been hit by everything. It's not going to make any difference, uBS is still UBS. You may have a scratched Rolls Royce, but it's still a Rolls Royce. Louay Al-Doory summit-news If you are 100 percent long or 100 percent short, you are likely to end up nowhere, but with a clever manager and the right strategy, you can edge some gains from this seesaw market. Jeff Tjornehoj summit-news We are a global bank... There is no way we are going to say we don't do business with the US so clearly it's about finding the best way to implement this new regulation. Alexandre Zeller summit-news We are telling (clients) very honestly nobody knows how this is going to evolve and you have to be extremely careful in terms of your exposure. Alexandre Zeller summit-news It has been an accelerating factor in the last few weeks, we have observed a flight to safety. Banks with solid balance sheets, with conservative management and approach to the markets, are seeing significant inflows on a global scale. Alexandre Zeller summit-news If you look at it more locally, state guaranteed institutions are seeing significant inflows . part-nationalized banks or those with an implicit state guarantee. Alexandre Zeller summit-news They (firms) have to give more support to the people who are paying the bills. David Drucker summit-news Asking questions yes, but moving not. Enrique Marazuela summit-news There's never been a more difficult time to navigate financial markets than where we are today. Frank Porcelli summit-news A lot of clients were disaffected over the last few years. We've seen a migration of people who were badly served in previous institutions, i can't see any increase since the UBS scandal. James Fleming summit-news All the major financial booms and busts in last 320 years, we've navigated our clients through. And I think clients see that. James Fleming summit-news Banking secrecy, in my view in times of Facebook and data all around the world, is going to be more important than before and not less important, if you know how much money somebody has, you also know how much you would get if you kidnap him. Ivan Adamovich summit-news There was too much talk about secrecy and taxes and not enough talk about what else is there. Service quality and so on. Ivan Adamovich summit-news Wegelin believe this is a regulatory monster. It is an important regulatory burden not only on Swiss banks but all over the world, we decided to tell our clients not to invest in U.S. securities any more. If clients want exposure to U.S. securities we would buy an ETF which does not have a U.S. regulatory base. Ivan Adamovich summit-news People realize that it is not just the size of the asset, it is the complexity of the integration of the deal. Pablo Garnica summit-news 12»
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