Thursday, February 21, 2008

UBS Profile
UBS Annual Report

Discover UBS in a few video clips

Chairman: Marcel Ospel (2001 - present)
CEO: Marcel Rohner (? - present)

Stock Symbol: UBS (NYSE)

Recent Close: Yahoo! Finance: UBS

Vision / Strategy:
    Our Vision

    We are determined to be the best global financial services company. We focus on wealth and asset management, and on investment banking and securities businesses. We continually earn recognition and trust from clients, shareholders, and staff through our ability to anticipate, learn and shape our future. We share a common ambition to succeed by delivering quality in what we do. Our purpose is to help our clients make financial decisions with confidence. We foster a distinctive, meritocratic culture of ambition, performance, and learning as this attracts, retains, and develops the best talent for our company.


    Our strategy is to concentrate on three global core businesses - wealth management, asset management, and investment banking and securities trading - as well as retail and corporate banking in Switzerland.

    Competitive Profile

    Our vision and consistent focus has led to the current business mix.

    Growth Strategy

    Our business is focused on areas with above-average growth rates, derived from sustainable societal and economic trends.

    One Firm Strategy

    We firmly believe our integrated business model creates more value than our businesses would as stand-alone units

Why Our Bank? Why UBS
    Leading global financial firm

    As one of the world's foremost wealth managers, a top-tier investment bank, a leading global asset manager and one of the market leaders in retail and commercial banking in Switzerland, we offer an environment of excellence for your ambitions.

    International opportunities

    UBS is established in all of the world's major financial centers with offices in more than 50 countries. The value we place on mobility means working with us can broaden your horizons. With us you can go far.

    High-performance environment

    Our focus on growth means that you'll be asked to meet challenging targets as part of your job. Management and colleagues will provide support and you'll have the benefit of state-of-the-art tools to help you achieve outstanding results for you and your team.

    Open-minded and respectful working culture

    At UBS you'll find colleagues who are interested in your insights and always willing to share theirs. It's by combining our talents that we achieve the greatest shared success.

    Diverse and inspiring colleagues

    Being part of UBS means experiencing a cosmopolitan and exciting mix of backgrounds and perspectives. This is the place to encounter new points of view on a daily basis.

    Competitive compensation and benefits

    We want the most talented and motivated people to join UBS, so our packages combine attractive incentives with numerous benefits.

    World-class training and development

    Working alongside some of the best and brightest will inspire you to keep growing. We'll provide first-class resources to direct your development and support your goals.

    Our People

    Our people make us one of the world's leading financial firms. This is the place for people who want to make a difference and play an active part in our success.


    We promote diversity through workplace initiatives and by influencing attitudes and perceptions both inside and outside of UBS.

Notable Deals:
  • Upcoming IPOs as Lead Manager: Alma Lasers Ltd.; ASM Acquisition; Big West Oil Partners; Cumberland Pharmaceuticals; Cypress Sharpridge Investment; Danger; Global Ship Lease; GT Solar International; Insys Therapeutics; Intcomex; Maxum Petroleum Holdings; MFResidential Investments; NY Credit; OGE Enogex Partners; Pioneer Southwest Energy Partners; PNA Group Holding; Resolute Energy Partners; Sonics; Stallion Oilfield Services; Venco Acquisition Company; Wattles Acquisition; Western Gas Partners

    History of UBS

    UBS has its roots as a Swiss Bank, originating in 1747, when its first branch was established in the Swiss region of Valposchiavo. However, the three core components of the company date back to the second half of the nineteenth century. Union Bank of Switzerland, Swiss Bank Corporation, and Paine Webber or their antecedents, were all founded in the 1860s and 1870s.

    Modern UBS was formed through a merger of the Union Bank of Switzerland and the Swiss Bank Corporation in June 1998. Although the merged company's new name was originally supposed to be the "United Bank of Switzerland," officials opted to call it simply "UBS."

    SBC had previously built a global investment banking business through its acquisitions of Dillon Read in New York and S.G. Warburg in London. The first chairman of the merged bank had to step down in October 1998 due to the Long-Term Capital Management crisis, which affected the Union Bank of Switzerland. In 2000, UBS acquired PaineWebber Group Inc. to become the world's largest wealth management firm for private clients. Invested assets in all wealth management businesses, including the U.S., total CHF 3.265 trillion.

    On June 9th, 2003, all UBS business groups rebranded under the UBS name as the company began operating as one large firm. UBS Paine Webber, UBS Warburg, UBS Asset Management, and others became simply "UBS". As a result of the rebranding, UBS took a $1B writedown for the loss of goodwill associated with the retirement of the Paine Webber brand. UBS is no longer an acronym but is the company's brand, like 3M. Its logo of three keys, carried over from SBC, stands for confidence, security, and discretion.

    UBS is present in all major financial centers worldwide, with offices in 50 countries. According to the UBS website, the bank had 81,557 employees on June 30, 2007. The 2007 Q2 report breaks these Financial Business permanent staff down by region as: 27,315 in Switzerland, 31,933 in the Americas, 13,355 in Europe, the Middle East and Africa (EMEA / not including Switzerland), and 8,954 in Asia and Australasia (APAC).

1 comment:

Richard said...

Just wanted to add that you missed out BMO Capital Markets (in Canada) on your Investment Banking list.