UBS AG is a diversified global financial services company. It is the world's largest manager of Private Wealth assets, and is also the second largest bank in Europe, by both market capitalisation and profitability. UBS's retail offices are located throughout the United States, and in over fifty other countries. UBS's global business groups are private banking, investment banking, and asset management.
Additionally, UBS is one of the leading providers of retail banking and commercial banking services in Switzerland. With headquarters in Zurich and Basel, Switzerland, UBS is present in all major financial centers worldwide.
27.07.2010 UBS reports a second quarter net profit attributable to UBS shareholders of CHF 2,005 million compared with CHF 2,202 million in first quarter 2010. More
13.05.2009 The company published 1Q 2009 results. First quarter net loss attributable to UBS shareholders of CHF 1,975 million. Losses driven primarily by risk positions in businesses now exited or in the process of being exited by the Investment Bank. More
Business and Financial News
Best Banks in Central and Eastern Europe for 2009 - 14.05.2010 The following are the «Best Banks in Central and Eastern Europe for 2009» according to rankings published by Global Finance magazine: Source: Global Finance
Big banks slashed small business credit lines - 13.05.2010 The biggest Wall Street banks slashed their small business loan portfolios by 9% between 2008 and 2009, more than double the rate at which they cut their overall lending, according to a government report released Thursday. Source: CNN Money
European Union agrees on €750bn bailout fund for eurozone - 10.05.2010 Crisis-hit Europe on Monday announced a monster rescue package running to 750 billion euros between euro countries and the IMF, sending the euro surging in Asian trade. Leaders hope an unprecedented international intervention, worth just shy of one trillion dollars, will represent a game-changing European financial war chest, which will also be backed by European Central Bank action to nudge debt and currency markets. Source: Financial News
Debt crisis may hurt banks outside Greece - 06.05.2010 Credit ratings agency Moody's Investor Service said the banking systems in Portugal, Italy, Spain, Ireland and Britain could all be hurt by a widening debt crisis. Source: Associated Press
Bank of Russia cuts discount rate - a historic low for Russia - 04.05.2010 The Bank of Russia slashed its discount rate by another 0.25 percent from April 30. Starting tomorrow, the rate will be 8 percent per annum - a historic low for Russia. Source: RBC
UBS AG is a diversified global financial services company. It is the world's largest manager of Private Wealth assets, and is also the second largest bank in Europe, by both market capitalisation and profitability. UBS's retail offices are located throughout the United States, and in over fifty other countries. UBS's global business groups are private banking, investment banking, and asset management.
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