UBS Net Worth is$54.2 B
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Company Name: UBS AG
Company Logo: Image:UBS Logo.svg
Company Type: Aktiengesellschaft (Aktiengesellschaft),
Traded As: UBSN UBS
Foundation: 1854
Predecessor: Union Bank of Switzerland and Swiss Bank Corporation merged in 1998
Location: Bahnhofstrasse 45, Zürich, Switzerland
Key People: Axel A. Weber (Chairman)area served
Industry: Banking, Financial services
Products: Investment Banking,
Revenue: {{profit CHF 29.737 billion (2011) Operating Income: net income
Assets: equity
Num Employees: 63,520 (2011) Slogan: We Will Not Rest
Homepage: []
UBS AG (SIX: UBSN, NYSE: UBS) is a Swiss global financial services company headquartered in Basel and ZA 1/4 rich, Switzerland. It provides investment banking, asset management, and wealth management services for private, corporate, and institutional clients worldwide, as well as retail clients in Switzerland. The name "UBS" was originally an abbreviation for the Union Bank of Switzerland, but it ceased to be a representational abbreviation after the bank's 1998 merger with Swiss Bank Corporation. The company traces its origins to 1854, when the earliest of its predecessor banks was founded.
UBS is the largest bank in Switzerland, operating in more than 50 countries with about 65,000 employees globally as of 2012. It is considered the world's second largest manager of private wealth assets, with over CHF2.2 trillion in invested assets, a leading provider of retail banking and commercial banking services in Switzerland.
UBS suffered among the largest losses of any European bank during the subprime mortgage crisis and the bank was required to raise large amounts of outside capital. In 2007, the bank received a large capital injection from the Government of Singapore Investment Corporation, which remains one the bank's largest shareholders. The bank also received capital from the Swiss government and through a series of equity offerings in 2007, 2008 and 2009.
UBS is a joint-stock company according to Swiss law, headquartered in Basel and ZA 1/4 rich, Switzerland, and is listed at the SIX Swiss Exchange and the New York Stock Exchange (NYSE). UBS is present in all major financial centers worldwide, with about 37% of its 64,617 employees working in the Americas, 37% in Switzerland, 16% in the rest of Europe and 10% in Asia Pacific. It has a major presence in the United States, with its American headquarters located in New York City (Investment banking); Weehawken, New Jersey (Private Wealth Management); and Stamford, Connecticut (Sales & Trading). UBS's global

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UBS Latest News

UBS Ex-Strategist Claims Retaliation and Seeks Damages

A former UBS Group AG strategist told a New York jury that the Swiss bank deprived him of millions of dollars in pay and pushed him into a long-lasting depression by firing him five years ago after he blew the whistle on efforts to influence his published ...
Posted: December 6, 2017, 8:50 am

‘Short-term pain seen for gold’ - UBS

Bloomberg reported comments from Dominic Schnider, Head of Commodity & APAC FX, UBS Wealth Management, expressing his view on gold in 2018. Gold in 2018 may see price around $1200/oz. Stronger physical demand likely towards end of 2018. Oil could slide to ...
Posted: December 10, 2017, 7:21 pm

New UBS Report Calls Art Basel Miami Beach Fair Most Attended by Collectors

According to a new report by the Swiss bank UBS, collectors are still flocking to Art Basel Miami Beach: the fair (with which UBS acts as lead partner, it should be noted) is the event of its kind most attended by collectors, followed by the Armory Show ...
Posted: December 7, 2017, 8:25 am
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