Banks are safe; AI bubble is the risk for global markets: Julius Baer CEO Stefan Bollinger
The biggest risk facing global markets is an AI bubble, with investors getting carried away by the AI boom, says Swiss private banking and wealth management group Julius Baer's chief executive, Stefan Bollinger. On India, he says the correction in equity valuations to 16-16.5 times the earnings from 21-22 times is healthy and that the country's growth story remains intact. In an interview with Himadri Buch, he also discusses India's investment prospects, foreign inflows and market risks. Edited…



