UBS CEO sees clients “more optimistic than ever”

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“We see our clients (on the investor side) more optimistic than ever, actually, across the globe,” Hamers told analysts and journalists on a call, attributing their optimism to the easing of COVID-19 related restrictions as economies reopen.

“Of course, there are some uncertainties. They see the uncertainties around inflation, which we feel is transitory. They see uncertainties around the Delta variant that could basically put some delay on economic growth. But the underlying trend is a positive one,” he added. “And therefore, we feel that the momentum on the client side may continue.”

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