Experiences and Views on UBS Group Legal and Compliance History

That’s a fair closing thought. I don’t think there’s a single correct interpretation here. What I’m taking away is that UBS represents both stability and accumulated risk, and which one you emphasize depends heavily on your exposure and time horizon.
 
Same facts, totally different reads. For me it comes down to recent outcomes. If customers aren’t getting burned and regulators aren’t issuing fresh actions, I’m not panicking.
 
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