UBS Capital

UBS Group AG

Type	Aktiengesellschaft (AG) Public company
Traded as	SIX: UBSG SIX: UBSN : UBS
Industry	Banking, Financial services
Predecessor	Union Bank of Switzerland and Swiss Bank Corporation merged in 1998; PaineWebber merged in 2000
Founded	1862; 156 years ago (1862)
Headquarters	Bahnhofstrasse 45 Zürich
Area served	Worldwide
Key people	Axel A. Weber (Chairman) Sergio Ermotti (CEO)
Products	Investment banking Investment management Wealth management Private banking Corporate banking Private equity Finance and insurance Retail banking Mortgages Credit cards
Operating income	CHF 28.320 billion (2016)
Total assets	CHF 935 billion (2016)
Total equity	CHF 53.621 billion (2016)
Number of employees	59,387 (2016)
Capital ratio	13.8% (2016)
Website	UBS.com

Coordinates: 47°22′19″N 8°32′09″E / 47.3719809°N 8.535955°E / 47.3719809; 8.535955

Union Bank of Switzerland and Swiss Bank Corporation merged in 1998;

UBS AG is a Swiss global financial services company, incorporated in the Canton of Zurich, and co-headquartered in Zürich and Basel. The company provides wealth management, asset management, and investment banking services for private, corporate, and institutional clients worldwide, and is generally considered to be a bulge bracket bank. In Switzerland, these services are also offered to retail clients. 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 merger with the Swiss Bank Corporation in 1998. The company traces its origins to 1856, when the earliest of its predecessor banks was founded. UBS has over CHF 2.8 trillion in invested assets, and remains a leading provider of retail banking and commercial banking services in Switzerland. It is the biggest bank in Switzerland, operating in more than 50 countries with 59,387 employees around the world, as of 2016.