UBS' second-quarter results safely behind, the Swiss bank's co-chief for wealth management can look forward to high drama of a different kind at pool's edge.
It’s a lucky man who can find time to read. So well structured are the routines at UBS’s brand new wealth management super unit, that it’s freshly-baked co-head Tom Naratil isn’t having to regularly burn the midnight oil.
On the other hand he’s being kept on his toes at work by heavy asset outflows on his home territory – the U.S.
Apparently though the American, who is being touted as a possible successor to CEO Sergio Ermotti, enjoys walking the tension tight-rope. In a survey by the magazine «Business Insider» on the favorite reading matter of Wall Street executives, Naratil emerges as a fan of spy thrillers.
And here are the five books he recommends reading in the hard-earned summer vacations:
A Scot in the Cold War
While other financial gurus immerse themselves in titles like Yuval Noah Hariris’s popular philosophical work «Sapiens» or economic tracts such as «Lords of Finance» by Liaquat Ahamed, Naratil likes a good old-fashioned page-turner. His most recent read was the cold war novel «Spymaster» by Brad Thor, a thriller about a Scottish anti-terror expert who unearths a plot to trigger the third world war.
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