union bank of switzerland- UBS information

union bank of switzerland(UBS) is a global diversified financial services company, headquartered in Basel, Switzerland, and Zurich. It is the world's largest manager of private wealth assets, and profitability of capital is Europe's second largest bank. UBS in the United States much attention in the United States headquarters in Manhattan (investment banking), New Jersey Weehawken (private banking) and Connecticut Stamford (capital market). UBS's branches located throughout the United States and 50 countries.

UBS Union Bank of Switzerland in 1998 by Swiss banking group and the merger. End of 2001, total assets of 1.18 trillion Swiss francs, off-balance sheet assets under management of over 2 trillion Swiss francs. 2002 net profit of 3.5 billion Swiss francs.

Swiss banks in 50 countries a total of 95 branches all over the world total of about 49,000 employees.

 

According to November 2003 the latest global financial statistics, Union Bank of Switzerland to $ 851.7 billion of assets in international financial institutions, ranked third, behind the U.S. Citigroup (City Group) and Japan's Mizuho Holdings (Mizuho Holding). UBS Group, an investment bank (responsible for equity underwriting and corporate mergers and acquisitions), enterprise asset management companies and private wealth management company. Currently UBS Investment Bank (UBS Investment Bank) is Europe's largest investment bank in 2002, total revenue in the global investment bank ranked No. 7. In addition, UBS has also created, including the world's largest convertible bond issue, the world's largest secondary market for the stock placement and the largest U.S. telecommunications company mergers and acquisitions consultant and many other first. In the field of asset management, due to global hedge funds (Hedge Fund) have expanded exponentially, totaling over $ 600 billion.