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UBS publishes transcript of Goldman Sachs European Financials Conference fireside chat with Karofsky, Khan

PUBT·06/09/2026 08:10:51
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UBS publishes transcript of Goldman Sachs European Financials Conference fireside chat with Karofsky, Khan
  • UBS published a transcript of a June 4, 2026 fireside chat at the Goldman Sachs European Financials Conference with Global Wealth Management co-heads Rob Karofsky and Iqbal Khan.
  • Karofsky flagged resilient markets despite geopolitics, urged diversification and downside protection; Q1 net new fee-generating assets reached USD 38 billion with record mandate penetration.
  • Khan cited Asia momentum from China tech, Hong Kong IPOs, AI hardware activity in Taiwan and Korea; UBS remains No. 1 in Asia for UHNW.
  • Karofsky reaffirmed US wealth margin targets: about 15% for full-year 2026, 18% by 2028; national chartered bank launch planned for H2 2027.
  • Management emphasized AI-led productivity gains; 20 million AI-driven client insights generated in 2025, with a push to expand into lower high net worth.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UBS Group AG published the original content used to generate this news brief on June 09, 2026, and is solely responsible for the information contained therein.