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UBS chairman warns of sharp rise in capital requirements, newspaper reports

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ZURICH, Sept 29 (Reuters) – UBS (UBSG.S) Chairman Colm Kelleher warned on Sunday that the Swiss government’s plans to raise capital requirements for big banks could damage the country’s status as a financial centre.

Earlier this year, the government presented plans to tighten capital requirements for UBS and the other three biggest Swiss banks to boost the health of the financial sector after Credit Suisse’s collapse last year.

Writing in Swiss newspaper Sonntagsblick, Kelleher said he agreed with most of the government’s 22 recommendations, except for the proposal to tighten capital requirements.

“The really big issue for me is the rise in capital requirements. The so-called ‘too big to fail’ report makes no sense to me,” he said. Details of the exact capital requirement have yet to be released, but Finance Minister Karin Keller-Sutter said in April that estimates that UBS will need an additional $15 billion to $25 billion are “plausible.”

Analysts at Autonomous Research said in a separate estimate that UBS may need to set aside another $10 billion to $15 billion.

Kelleher declined to comment on figures, but said excessive capital requirements would hurt competitiveness and lead to less favorable pricing of banking products for clients.

“We should be focusing on more important issues, such as liquidity management and, above all, the full resolvability of banks,” Kelleher told the paper.

Swiss banks manage around $2.6 trillion in international assets, contributing to their role as one of the world’s leading financial centers, according to a 2021 Deloitte study. But competition is intensifying, especially from Luxembourg and especially from Singapore, which has grown significantly in recent years.

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Experts have warned that the collapse of UBS, whose total assets amount to twice Switzerland’s annual economic output, poses a major risk to the Swiss economy.

Kelleher downplayed the risks, saying that while UBS has “considerably more” capital than comparable banks, the bank’s business model based on asset management and the Swiss domestic market means it’s less risky.

Kelleher, who will take over as president from 2022, said UBS would remain loyal to Switzerland even if Bern demanded a major capital increase.

“We are a global bank, but at the core of UBS is its Swiss identity,” he said, adding that there was “no question” the bank would leave its home country. But he warned that a capital increase by banks would be harmful to Switzerland.

“If politics were to force a significant capital increase, it would mean that Switzerland has decided that it no longer wants to be a relevant international financial centre,” Kelleher said.

“I don’t think this is in the country’s interest.”

A former Morgan Stanley (MS.N) executive said he was open to discussing the government’s proposals with the government, Opens in a new tab.

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Google AdX Business: Maximizing Revenue with Programmatic Advertising

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Google Ad Exchange (AdX) is a leading platform that empowers publishers and advertisers to connect through programmatic advertising. By offering advanced tools and extensive reach, Google AdX helps businesses maximize ad revenue while providing advertisers with premium inventory access.


What is Google AdX?

Google AdX, short for Google Ad Exchange, is a programmatic advertising platform where publishers can sell their ad inventory to advertisers in real time. Unlike Google AdSense, which caters to smaller publishers, AdX focuses on premium inventory and larger-scale publishers.


Key Features of Google AdX

  1. Programmatic Advertising: Automated buying and selling of ad space.
  2. Premium Inventory: High-quality ad placements for advertisers.
  3. Real-Time Bidding (RTB): Competitive bidding for ad slots in real time.
  4. Advanced Targeting: Tools to reach the right audience effectively.

Benefits of Using Google AdX for Businesses

1. Higher Revenue Potential

Google AdX enables publishers to maximize their revenue through:

  • Real-time competition among advertisers.
  • Premium rates for high-quality inventory.

2. Access to Premium Advertisers

AdX connects publishers with top-tier advertisers, ensuring high-quality ads that resonate with the audience.

3. Enhanced Ad Management

With tools like Ad Manager, publishers can:

  • Monitor ad performance.
  • Optimize inventory allocation.
  • Set rules for ad delivery and pricing.

4. Advanced Analytics

Google AdX offers detailed insights into:

  • Audience behavior.
  • Ad performance metrics.
  • Revenue trends.

5. Better User Experience

AdX supports high-quality, non-intrusive ads that improve user engagement and minimize ad fatigue.


How to Get Started with Google AdX

1. Meet the Eligibility Requirements

To qualify for Google AdX, publishers typically need:

  • A high volume of traffic.
  • Premium-quality content.
  • Adherence to Google’s policies.
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2. Partner with a Google Certified Partner

Most publishers access Google AdX through a Google Certified Partner. These partners help:

  • Set up your account.
  • Manage ad placements.
  • Optimize revenue strategies.

3. Integrate Google Ad Manager

Google Ad Manager acts as the gateway to AdX, providing tools for:

  • Inventory management.
  • Ad campaign tracking.
  • Optimizing yield through multiple ad networks.

Google AdX vs. Google AdSense

1. Target Audience

  • AdSense: Best for small to medium-sized publishers.
  • AdX: Designed for large-scale publishers with premium inventory.

2. Revenue Model

  • AdSense: Fixed CPC and CPM rates.
  • AdX: Real-time bidding for higher revenue opportunities.

3. Inventory Control

  • AdSense: Limited control over ad placements.
  • AdX: Full control with advanced targeting and pricing options.

SEO Best Practices for Maximizing AdX Revenue

1. Optimize Website Speed

A fast-loading website ensures better user engagement and ad visibility. Use tools like:

  • Google PageSpeed Insights.
  • GTmetrix.

2. Focus on High-Quality Content

Engage users with valuable, original content that attracts organic traffic and premium advertisers.

3. Improve Mobile Friendliness

Ensure your site is mobile-optimized, as most traffic now comes from mobile devices.

4. Use Effective Ad Placement

Strategic ad placements increase visibility and CTR without compromising user experience.

5. Regularly Monitor Analytics

Track your AdX performance with Google Analytics and Ad Manager to identify areas for improvement.


Challenges of Google AdX

1. Strict Eligibility Criteria

Small publishers may find it challenging to meet Google AdX’s requirements.

2. Complex Management

Managing AdX requires advanced tools and expertise, making it essential to partner with professionals.

3. Competition

Real-time bidding means advertisers bid for the same inventory, which can sometimes lead to inconsistent earnings.

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Conclusion

Google AdX is a powerful tool for publishers aiming to maximize ad revenue through programmatic advertising. By offering access to premium inventory, advanced analytics, and real-time bidding, AdX ensures businesses achieve higher engagement and profitability. However, leveraging AdX effectively requires strategic planning, adherence to policies, and a focus on delivering high-quality content.

For publishers ready to scale their digital advertising efforts, Google AdX represents a gateway to greater revenue and enhanced audience engagement.If you want to research more , go to Adx Blog .

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10 In-Demand Careers for 2025: Future Proof Your Career

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Exploring the Future Job Market: Top Careers to Consider

As we approach 2025, the job market is undergoing significant changes driven by technological advancements, demographic shifts, and evolving consumer needs. According to the World Economic Forum, while approximately 85 million jobs may be replaced by machines, an estimated 97 million new roles are set to emerge. This article highlights ten in-demand careers that are expected to thrive in the coming years.

Key Factors Driving Job Growth

The demand for skilled professionals is being fueled by several key trends, including the rise of digital technology, the need for data analysis, and a growing focus on sustainability. Understanding these trends can help job seekers target their career paths effectively.

Top 10 In-Demand Careers for 2025

1. Software Developer

Software developers are crucial in creating applications and systems that drive businesses forward. Their expertise in programming languages and software design makes them indispensable in today’s digital landscape.Salary Range: 25,000-140,000 baht/month

2. AI & Machine Learning Engineer

With artificial intelligence becoming integral to various industries, AI and machine learning engineers are in high demand. They specialize in developing algorithms and models that enable machines to learn from data.Salary Range: 60,000-80,000 baht/month

3. Data Analyst

Data analysts play a vital role in interpreting complex data sets to inform business decisions. Their ability to derive insights from data helps organizations optimize their strategies and improve performance.Salary Range: 40,000-80,000 baht/month

4. Data Scientist

Data scientists focus on advanced analytics and predictive modeling to provide actionable insights for businesses. They combine statistical knowledge with programming skills to enhance decision-making processes.Salary Range: 35,000-80,000 baht/month

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5. Digital Marketing Specialist

Digital marketing specialists leverage online platforms to create effective marketing strategies. Their skills in content creation and data analysis help businesses engage with their target audiences effectively.Salary Range: 30,000-80,000 baht/month

6. Cybersecurity Professional

As cyber threats increase, cybersecurity professionals are essential for protecting organizational data and systems. They implement security measures and respond to incidents to safeguard against breaches.Salary Range: 60,000-100,000 baht/month

7. Cloud Engineer

Cloud engineers design and manage cloud-based infrastructure and services. With the growing adoption of cloud computing, their expertise is crucial for organizations transitioning to cloud environments.Salary Range: 50,000-90,000 baht/month

8. Nurse Practitioner

The healthcare sector is experiencing a surge in demand for nurse practitioners who provide primary care services. Their role is vital in addressing the needs of an aging population and increasing healthcare accessibility.Salary Range: 120,000 baht/month

9. Renewable Energy Technician

As the world shifts towards sustainable energy sources, renewable energy technicians are becoming increasingly important. They install and maintain systems such as solar panels and wind turbines.Salary Range: $46,000/year (approx. 40,000 baht/month)

10. Content Creator

Content creators produce engaging material across various platforms to connect with audiences. Their creativity in writing, video production, and social media management drives engagement and brand awareness.Salary Range: 25,000-50,000 baht/month

Preparing for Future Careers

The job market of 2025 promises exciting opportunities across various sectors driven by technology and sustainability initiatives. By focusing on developing relevant skills for these in-demand careers—such as software development, data analysis, and cybersecurity—individuals can position themselves for success in a rapidly evolving landscape. Embracing continuous learning will be essential for thriving in this dynamic environment.

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Thailand Commits to Becoming an AI Learning Hub

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Thailand AI Learning Hub

Ministers Announce Plans for AI Governance Collaboration

Thailand is dedicated to advancing global trust in artificial intelligence (AI) governance and establishing itself as a learning hub for AI through collaboration with UNESCO, according to Prasert Jantararuangthong, the Minister of Digital Economy and Society (DES). This initiative aims to enhance the ethical application of AI technologies while fostering skilled professionals in the field.

Goals for AI Workforce Development

The Ministry of Higher Education, Science, Research and Innovation (MHESI) has set ambitious goals to increase the number of AI-skilled workers by adding 30,000 engineers over the next three years. This plan includes generating 100 AI innovations valued at 40 billion baht and promoting AI adoption across 600 agencies nationwide.

Significant Increase in AI Adoption Rates

According to the AI Readiness Measurement 2024 report by the Electronic Transactions Development Agency and the National Science and Technology Development Agency, AI adoption plans among Thai organizations have reached 73.3%, reflecting an increase of nearly 20 percentage points year-on-year. This surge indicates a growing recognition of the importance of AI in various sectors.

Hosting the UNESCO Global Forum on AI Ethics

On Wednesday, the DES Ministry, MHESI, the Education Ministry, and UNESCO announced their partnership to host the 3rd UNESCO Global Forum on the Ethics of AI 2025, themed “Ethical Governance of AI in Motion.” This event is scheduled to take place from June 24 to 27, 2025, in Bangkok and will serve as a platform for knowledge exchange and collaboration on AI governance.

Commitment to Ethical AI Implementation

Prasert emphasized that Thailand’s commitment aligns with UNESCO’s AI Readiness Assessment framework, which is recognized globally. The country has recently introduced key frameworks such as the AI Governance Guideline for Executives and the Generative AI Governance Guideline for Organizations. These resources aim to ensure responsible and transparent implementation of AI at all organizational levels.

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Multilateral Collaboration for Developing Countries

The upcoming forum is expected to foster multilateral collaboration and build AI governance capacity in developing countries. It highlights Thailand’s dedication to global trust in AI governance while positioning itself as a leader in ethical AI practices.

Integration of AI Technologies Across Industries

Suphachai Jaismut, vice-minister for MHESI, stated that Thailand is prepared to integrate AI technologies across various industries, driven by a commitment to advancing research and development (R&D). This integration is crucial as Southeast Asia’s digital economy continues to grow rapidly.

Addressing Challenges in the Digital Economy

While advancements in AI infrastructure are promising, challenges such as the digital divide and job displacement due to automation remain significant concerns. Xing Qu, deputy director-general for UNESCO, emphasized that building peace through education, science, and culture is vital in an era where AI increasingly influences societies and economies.

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