UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch

CNBC•Wed, Jul 29, 2026, 09:40 AM•2 min read

The Swiss banking gian reported pre-tax profits of $3. 6 billion for the quarter, as CEO Sergio Ermotti warned of geopolitical volatility ahead.

Source: [CNBC](https://www.cnbc.com/2026/07/29/ubs-earnings-ai-correction-stocks-swiss-bank.html)

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