NationMaster - Encyclopedia: UBS Warburg

**UBS AG**

Type	Public
Slogan	You and Us.
Founded
Location	Basel & Zurich, Switzerland
Key people	Peter Wuffli, CEO Marcel Ospel, Chairman
Employees	66,894
Products	Financial Services
Web site	www.ubs.com

UBS AG (NYSE: UBS (http://www.nyse.com/about/listed/lcddata.html?ticker=UBS)), (SWX: CH0012032030 (http://www.swx.com/market/quote_chart_en.html?id=CH0012032030CHF1)) (TYO: 8657 (http://quote.tse.or.jp/tse/qsearch.exe?F=listing%2FEcslist&KEY1=8657&image.x=20&image.y=5)) is a financial firm and was formed through a merger of the Union Bank of Switzerland and the Swiss Bank Corporation in 1998. It is headquartered in Basel and Zurich, Switzerland.

It is a wealth management, investment banking and securities firm. It is also a global asset manager and does retail and commercial banking in Switzerland. UBS has invested assets of 2.231 trillion Swiss francs, shareholders' equity of 35.310 billion Swiss francs and market capitalization of 95.401 billion Swiss francs. With over CHF 700 billion in invested assets internationally, UBS is the world's largest wealth management firm for private clients. Invested assets in all wealth management businesses, including the US, total CHF 1.3 trillion.

The bank is present in all major financial centers worldwide, with offices in 50 countries. According to the UBS website in 2004, the bank employed 2003 65,929 people, 40.4 % of whom are located in Switzerland, 38.7 % in the Americas, 15 % in Europe and 5.8 % in Asia.

Contents

Management

The Group Executive Board is the executive body of the company. Its members are:

Group CEO: Peter A. Wuffli ([1] (http://www.ubs.com/1/e/about/executivebodies/executiveboard/peter_a_wuffli.html))
Chairman and CEO Investment Bank: John P. Costas ([2] (http://www.ibb.ubs.com/Meet_our_mngmt/john_costas.shtml))
John A. Fraser (Chairman and CEO Global Asset management), George Gagnebin (Chairman Wealth Management and Business Banking), Peter Kurer (Group General Counsel), Marcel Rohner (CEO Wealth Management and Business Banking), Clive Standish (Group CFO), Mark B. Sutton (Chairman and CEO Wealth Management USA). Marcel Ospel is the Chairman of the Board of Directors.

Businesses

UBS is organized in five business groups: Wealth Management & Business Banking, Investment Bank, Global Asset Management, Wealth Management USA, and Corporate Center.

Competition

Main competitors are Merrill Lynch, Citigroup, Credit Suisse and others.

Diversity

UBS was named one of the 100 Best Companies for Working Mothers living in the US in 2004 by US based Working Mothers magazine. It is a member of the Stonewall Diversity Champions scheme and has active Gay and Lesbian, ethnic minority, and women's networking groups.

Financials

2003

Revenue: $49.961 billion
Employees: 65,929

External links

UBS - UBS Homepage (http://www.ubs.com)

Data

Yahoo! - UBS AG Company Profile (http://biz.yahoo.com/ic/41/41649.html)

Categories: Companies traded on NYSE | Companies listed on the SWX Swiss Exchange | Companies traded on the Tokyo Stock Exchange | Banks of Switzerland | Investment banks

Results from FactBites:

DOB: UBS Warburg, UBS PaineWebber, Consent Order (5857 words)
	UBS Warburg and UBS PaineWebber are registered with the Exchange, SEC, NASD and with all 50 states, the District of Columbia and Puerto Rico.
	When a UBS Warburg analyst informed the Head of the Research Department that he intended to drop coverage of a particular company, he was asked whether there was any "banking relationship" and was told to "check with" the banker who worked with that company.
	UBS WARBURG LLC states that no promise of any kind or nature whatsoever was made to it to induce it to enter into this Consent Order, and states that it has entered into this Consent Order voluntarily.

UBS AG - Wikipedia, the free encyclopedia (1607 words)
	UBS was formed through a merger of the Union Bank of Switzerland and the Swiss Bank Corporation in June 1998.
	UBS acknowledged that it had "made a deplorable mistake", but maintained that the destroyed archives were unrelated to the Holocaust.
	UBS Chairman Marcel Ospel was blamed by many for ostensibly evading the request for an extension of Swissair's line of credit, and the day after the grounding, thousands of demonstrators marching in front of the Swissair headquarters carried a banner reading "Bin Ospel".

More results at FactBites »

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