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UBS Group AG at Morgan Stanley European Financials Conference (Virtual) Transcript
Okay. Well, thanks very much, and good afternoon, everybody, and welcome to the UBS session. I'm absolutely delighted to welcome Ralph Hamers, the CEO of UBS. Thank you very much for joining us today. And this session is going to -- I think we're probably going to do about half an hour of the fireside chat, and then we're going to open to questions, so please get ready.
Questions & Answers
Okay. Now Ralph, on the let's -- big discussion throughout the entire yesterday and of course today are the repercussions of the Russian invasion on Ukraine. And let's start with that. Of course, you have had your kind of strategic update not so long ago, the world looked very different. How do you assess, I suppose, first, exposure of UBS, but also the kind of the primary and secondary effects that you're watching? Maybe let's start with the markets.
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