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UBS

UBS logoUBS 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.

Total assets: US$ 972 billion (December 31, 2019).
Net profit: US$ 3.96 billion (2019).
These ads are not affiliated with UBS
Headquarter Zurich, Switzerland
Key People Axel A. Weber (Chairman), Sergio P. Ermotti (Group CEO)
Company Type Public (SIX: UBSG, SIX: UBSN, NYSE: UBS)
Head Office Bahnhofstrasse 45 8001 Zurich
Phone +41-44-234 11 11
Fax +41-44-239 91 11
Official Site www.ubs.com Website
SWIFT Code UBSWCHZH
Founded 1854
ID: 1192. Updated: 27.10.2020

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Press Releases
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. 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%). 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%).
02.05.2012 | UBS reports first quarter 2012 net income of CHF 827 million (approx. €688), compared to CHF 1,807 million in the first quarter 2011 (down 54%).
Financial and Banking News
 How Women Can Impact the Middle Eastern Financial Industry: Layal Haykal Success Story

We’re in the 21st century and women are still mistreated in some parts of the world. Their rights are violated. They don’t have the opportunity to work on equal terms with men. They’re being kidnapped and sold no matter their age. This phenomenon is highly prevalent in the Middle East. The world is evolving from globalization to technological innovations while women there are still repressed and exploited. The same image women had several decades ago hasn’t changed heavily in our present times.

 Citigroup to exit 13 global consumer banking markets, including India and China

Citigroup announced April 15 it will exit 13 international consumer banking markets, shifting its focus to wealth management and away from retail banking in places where it is small.

 In-person GISEC 2021 to spark industry collaboration against cybercrime spike

GISEC, the most influential cybersecurity event in the Middle East and Africa, will provide an in-person meeting point for the cybersecurity ecosystem from 31st May-2nd June at Dubai World Trade Centre (DWTC). 13.04.2021 | Source: Dubai World Trade Centre

 Federally chartered banks can facilitate stablecoin payments, issue their own

The Office of the Comptroller of the Currency (OCC) today published a letter clarifying national banks’ and federal savings associations’ authority to participate in independent node verification networks (INVN) and use stablecoins to conduct payment activities and other bank-permissible functions. 04.01.2021 | Source: Office of the Comptroller of the Currency

 Visa and BlockFi to launch Bitcoin rewards credit card

Visa Inc. is partnering with cryptocurrency startup BlockFi to offer a credit card that rewards purchases with Bitcoin rather than airline miles or cash. 02.12.2020 | Source: Bloomberg

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