“In 1987, Merrill Lynch asked me to open a Swiss capital markets operat...” — Sergio Ermotti Quote

“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.”

“Wealth management businesses are capital light businesses.”

“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.”

“The economics of the space industry are changing. Within so called 'NewSpace,' not only are new entrants being created almost daily, the business models and capital sources have proven to be dramatically different from traditional models built upon large government contracts and defence-related spending.”

“One of the hardest things to do is to get capital. That's where we, as black business, struggles. And the other place we struggle is scale, and because we don't have an access to capital, we cannot scale.”