UBS AG is a diversified global financial services company. It is the world's second largest manager of private wealth assets. UBS operates in all of the major financial centers worldwide with offices in over 50 countries. UBS's global business groups are private banking, investment banking, and asset management.
UBS is one of the leading providers of retail banking and commercial banking services in Switzerland. UBS has a major presence in the U.S., with its American headquarters located in New York City (Investment banking); Weehawken, New Jersey (Private Wealth Management); and Stamford, Connecticut (Sales & Trading). UBS has more than 68,000 employees worldwide.
Union Bank of Switzerland and Swiss Bank Corporation merged in 1998. In July 2024 UBS completed the merger of UBS Switzerland AG and Credit Suisse (Schweiz).
Net profit: $3.96 billion (2019), $6.56 billion (2020), $7.46 billion (2021), $7.63 billion (2022), $27.85 billion (2023).
HQ: Zurich, Switzerland
Founded: 1854
ID: 1192. Updated: 24.07.2024
- Press Releases
- 12.12.2023 The Board of Directors of UBS Group AG has approved the execution of a merger of UBS AG and Credit Suisse AG. The completion of the merger is expected to happen in 2024. Read more
- 27.10.2020 UBS plans to invest USD 200 million in digital ventures – starting with a strategic collaboration with Anthemis, a global venture capital fund with expertise in fintech investing – to accelerate deal flow origination. Read more
- 25.10.2018 UBS reports third quarter 2018 net income of CHF 1,246 million, compared to CHF 946 million in the third quarter of 2017 (+32%). Read more
- 02.02.2016 UBS reports fourth quarter 2015 net profit of CHF 949 million, compared to CHF 858 million in fourth quarter 2014. Full-year 2015 net profit was CHF 6.2 billion (up 79%).
- 28.07.2015 UBS reports second quarter 2015 net income of CHF 1,209 million, compared to CHF 792 million in the second quarter of 2014 (+53%).
- Head office: Bahnhofstrasse 45 8001 Zurich
- Phone: +41-44-234 11 11
- Fax: +41-44-239 91 11
- SWIFT: UBSWCHZH
- Key people: Colm Kelleher (Chairman), Sergio P. Ermotti (Group CEO)
- Company type: Public (SIX: UBSG, SIX: UBSN, NYSE: UBS)
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