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UBS is European banking’s loneliest mountaineer
Lex專欄:瑞銀是歐洲銀行業最孤獨的登山者

Instead of looking over its shoulder at the rest of Europe, Swiss bank would prefer to narrow gap on US rivals
與其將目光投向歐洲其他國家,瑞銀更希望縮小與摩根史坦利等美國競爭對手的差距。

Where do you go once you’ve reached the top of a mountain? Swiss bank UBS has climbed so far ahead of most of its European rivals that they are out of sight. For its stock to go anywhere at all from here, it needs to convince investors that there are higher summits to scale.

登上山頂後,你要去哪裏?瑞士銀行瑞銀(UBS)遠遠領先於大多數歐洲競爭對手,甚至已經看不到它們的身影了。要想讓股價繼續走高,瑞銀需要讓投資者相信,還有更高的山峯等著它去攀登。

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