“The key thing to note is the strength of the wealth management operations and the net new money inflows. The world is opening up now to UBS. There's money coming in from the Middle East, from Asia and China.”
“Macquarie prides itself on its entrepreneurial spirit. Macquarie in effect is run as a series of competing businesses. At times the management encourages different teams to compete for the same assets. They see it as healthy.”
“The key thing is BBVA is the one with the options, not Lloyds. BBVA needs to do something now to take advantage of higher profitability and high price/earning multiples.”
“The proposal represents one of Europe's most effective commercial banks seeking to continue exporting its know-how to markets where these skills can accelerate growth at targets. BNP expands this way worldwide.”
