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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
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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

 Banks may need political help to survive Big Tech

First there was the financial crisis of 2008. Then years of negative interest rates. Now, banks face what one financial regulator calls the "real game changer." 09.12.2019 | Source: Bloomberg

 Trump blasts Bitcoin, Libra, demands they face banking regulations

U.S. President Donald Trump on Thursday criticized Bitcoin, Facebook's proposed Libra digital coin and other cryptocurrencies and demanded that companies seek a banking charter and make themselves subject to U.S. and global regulations if they wanted to "become a bank." 11.07.2019 | Source: Reuters

 25th World Islamic Banking Conference announces 4th series of WIBC Leaderboard

Top performing Islamic Financial Institutions from Bahrain, Egypt, Indonesia, Jordan, Kuwait, Malaysia, Oman, Pakistan, Turkey, UAE and Saudi Arabia are vying for the WIBC Awards recognizing the Best Performing Banks at the Global and Regional level. 28.10.2018 | Source: MEGA

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