Switzerland Quotes

In 1987, Merrill Lynch asked me to open a Swiss capital markets operation. I was 27. In hindsight, I was lucky enough to start a business from scratch. And I mean from zero - no offices, even, just a space with walls between different areas. We decided to tear down the walls.
Many businesses in an investment bank, not only at UBS, are structurally a loss leader, so they don't pay for the cost of capital.
People should never take things for granted.
Philanthropic funding can play a vital role in testing and stimulating innovation that, when proven, can be implemented at scale by business or government.
There's no understandable reason why the financial services industry has not developed a more comprehensive sharing of the value chain.
Today's investors want to see a positive impact on society and the environment as well as solid financial returns.
Usually, you measure appetite of investors by their ability or willingness to take a bit of leverage on their positions.
We believe existing currencies may move into becoming more of a crypto-currency.
We don't really believe there's much room for the creation of new currencies if there is no real backing for a hard and credible issuer of that currency.
We have a very competitive and profitable investment bank and strong asset management capabilities. We want to continue to build on all those businesses organically.
We have to have a business model that can be a sustainable and acceptable one to both regulators and the other stakeholders, clients, and investors.
Wealth management businesses are capital light businesses.
When you look at billionaires, many of them share one characteristic: They were not born billionaires.
When you start to get shareholders, clients, employees, rating agencies, and everybody converging, and then your competitors bad-mouth you, you know you did the right thing.
While government clearly plays the major role in fighting poverty through policies on things such as education, tax, and trade, business creates the wealth that matters.
I'm afraid Eddie the Eagle was before my time. All I know is that his glasses were three times thicker than mine, but I can jump three times further than he did.
When I was younger, I did not have the strength to jump well enough, but over the years I have gained that, worked on it. But the sensibility you simply have to have.
At some point, when I finished school in Zurich, I suddenly realised that I was nobody. I couldn't find a shape. Everything I was had been invented. Initially, I took it to be a fundamental conflict. But today I find pleasure in accepting that this thing called 'identity' is the true invention. There's no way that it really exists.
Home is where I am. Sadly, I don't need a history to be able to exist somewhere.
Home is where I am. Sadly, I don't need a history to be able to exist somewhere. When I was still very young, my father told me: 'Look, we will always have to move, again and again.' I thought that was marvelous! That's how I got used to thinking that life meant starting from scratch, over and over again.
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AuthorName
Al McGuire
Profession
Coach
BirthDate
07 September, 1928
DeathDate
26 January, 2001
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