Company Profile For UBS AG

UBS AG (UBS.N) (New York Stock Exchange)
sector: Financials · industry: Investment Services ·
As of  24 Nov 2009
16.10USD
Price Change
-0.11
Percent Change
-0.68%
 
 
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Overview

UBS AG is a global provider of financial services to private, corporate and institutional clients. The Company’s financial businesses are organized on a worldwide basis into three business divisions and the Corporate Center. Global Wealth Management & Business Banking consists of three segments: Wealth Management International & Switzerland, Wealth Management US and Business Banking Switzerland. The business divisions Investment Bank and Global Asset Management constitute one segment each. On February 10, 2009, UBS announced the split of Global Wealth Management & Business Banking into two divisions: Wealth Management & Swiss Bank and Wealth Management Americas. In February 2009, JPMorgan Chase & Co. acquired the Company’s global agricultural business. In February 2008, it acquired 100% of the Caisse Centrale de Reescompte Group. In August 2008, UBS sold its 24.9% stake in Adams Street Partners. On May 6, 2009, UBS AG acquired the commodity index business of AIG Financial Products Corp

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, UBS AG'sinterest income decreased 65% to SF18.78B. Net interest income after loan loss provision decreased 19% to SF2.95B. Net loss from cont. ops. decreased 67% to SF3.95B. Net interest income reflects lower interest on loan and increased provision for credit loss. Lower loss reflects a decrease in amortization of intangibles and lower general & administrative expenses.

Company Address

UBS AG
Bahnhofstrasse 45
Zurich     8001
P: +1212.8213000
F: +1212.7131381

Total Employees

69023

Find Out More About UBS.N

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