# UBS Group AG Chief Executive Officer Sergio Ermotti said the firm “cannot rule out” an acquisition.

*business · news · 2026-05-06 · Bloomberg*

## Key points

- UBS CEO Sergio Ermotti stated the firm cannot rule out acquisitions in the Americas.
- UBS does not require an acquisition to meet its US expansion targets, according to Ermotti.
- Ermotti emphasized that few large organizations can definitively exclude acquisitions as a strategy.
- UBS aims to grow its wallet share among US clients regardless of acquisition decisions.

**Companies:** UBS Group AG
**Countries:** Switzerland, United States

[Read the full story on Bloomberg](https://www.bloomberg.com/news/articles/2026-05-06/ubs-ceo-ermotti-sees-acquisition-as-an-option-for-us-growth)

---

Canonical: https://newsio.io/n/e85f2f13-6c0d-499c-993f-d4b31034202f/ubs-group-ag-chief-executive-officer-sergio-ermotti-said-the-firm-cannot-rule-ou
Summarized by Newsio from Bloomberg. https://newsio.io/how-it-works