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BBCNEWS World July 5, 2024

one weekend in march, and now we ll see two cultures colliding. there are likely to be manyjob losses, staff will be bracing for those. however, as you say, the boss of ubs has said, look, we have a lot of opportunities here as well, and of course it does mean that ubs is able to access key markets in wealth management that it would have taken years to do had it not taken over credit suisse. and of course the deal reached with the swiss government effectively for the government to back around $10 billion of losses that it could see when it sells of chunks of credit suisse s business, will have helped sweeten this deal. it is going to have a fight on its hand but arguably, credit suisse s footprint does mean that that is probably going to be easier to at leastjoin the fight now that it has all of these assets under management and of course, has already established partnerships around the world. so certainly that will be the ambition. it s a big ambition. i don t think ne ....

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BBCNEWS World Business Report June 4, 2024 10:35:00

To be regulated but if you regulate too tightly it could stifle innovation. too tightly it could stifle innovation. . , , ., ., innovation. the chatgpt phenomenon around generative innovation. the chatgpt phenomenon around generative ai innovation. the chatgpt phenomenon around generative ai makes innovation. the chatgpt phenomenon around generative ai makes lots - innovation. the chatgpt phenomenon around generative ai makes lots of i around generative ai makes lots of the market think we are at the dawn of the potential of ai but it dates back to the 1950s in terms of the original research. lots of the regulation, ethics and legislation that will follow i think is well thought through. there is a unesco standard currently being negotiated at 193 different companies have signed up to. we must make sure we put the guard rails in the right place but understand ai from a growth potential perspective. i would certainly be an advocate of regulation but regulation really genuinely un ....

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