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Given the lack of clarity in certain aspects of regulation, there is also a risk that some costs that we view as temporary today may not fall away completely, therefore the effects and associated costs of legal entity regulation, for example, mean that we are considering further changes in our processes in order to achieve our targets. This means the overall scope of gross savings has increased relative to the net target we have communicated.

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Reuters 8 years ago

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    "Chief Executive Sergio Ermotti Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 23 Dec. 2024. <https://www.quotes.net/citizen-quote/184857>.

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