UBS chief sees brighter prospects for 2017

Former head of German central bank sees 'upside potential' amid uncertainties

When it comes to risk assessments, Axel Weber, chairman of UBS Group AG, is among the few who have been able to see things from both a regulatory and business perspective.

A former German central bank governor and a member of the governing council of the European Central Bank, the Swiss bank chief sees political uncertainties as the No 1 risk facing the global economy and the financial industry this year.