|
||||
|
|
|
|
|
|
||||
|
||||
|
||||
|
|
|
|
|
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
|
|
|
|
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
|
|
|
|
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
|
|
|
|
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
|
|
|
|
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
|
|
|
|
|
||||
|
||||
|
||||
|
||||
|
|
|
|
|
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
|
||||
Investment Bank
Business Unit Reporting
|
In second quarter 2006, the Investment Bank achieved a pre-tax profit of CHF 1,754 million, up 57% from the same period last year. Revenue growth in all business areas more than offset an increase in compensation and general and administrative expenses.
| Spreadsheets |
| Quarter ended | % change from | Year to date | |||||
CHF million, except where indicated | 30.6.06 | 31.3.06 | 30.6.05 | 1Q06 | 2Q05 | 30.6.06 | 30.6.05 |
Equities | 2,844 | 1,438 | (20) | 59 | 5,124 | 3,084 | |
Fixed income, rates and currencies | 2,448 | 1,754 | 7 | 50 | 5,074 | 4,037 | |
Investment banking | 666 | 599 | 19 | 33 | 1,461 | 1,064 | |
Income | 5,701 | 5,958 | 3,791 | (4) | 50 | 11,659 | 8,185 |
Adjusted expected credit loss 1 | 14 | 12 | 10 | 17 | 40 | 26 | 18 |
Total operating income | 5,715 | 5,970 | 3,801 | (4) | 50 | 11,685 | 8,203 |
Cash components | 2,533 | 2,809 | 1,724 | (10) | 47 | 5,342 | 3,852 |
Share-based components 2 | 455 | 385 | 300 | 18 | 52 | 840 | 584 |
Total personnel expenses | 2,988 | 3,194 | 2,024 | (6) | 48 | 6,182 | 4,436 |
General and administrative expenses | 713 | 799 | 469 | (11) | 52 | 1,512 | 962 |
Services to / from other business units | 209 | 175 | 149 | 19 | 40 | 384 | 298 |
Depreciation of property and equipment | 37 | 37 | 30 | 0 | 23 | 74 | 59 |
Amortization of intangible assets | 14 | 15 | 13 | (7) | 8 | 29 | 25 |
Total operating expenses | 3,961 | 4,220 | 2,685 | (6) | 48 | 8,181 | 5,780 |
Business Group performance before tax | 1,754 | 1,750 | 1,116 | 0 | 57 | 3,504 | 2,423 |
Quarter ended | % change from | Year to date | |||||
CHF million, except where indicated | 30.6.06 | 31.3.06 | 30.6.05 | 1Q06 | 2Q05 | 30.6.06 | 30.6.05 |
| KPIs | |||||||
Compensation ratio (%) 1 | 52.4 | 53.6 | 53.4 | 53.0 | 54.2 | ||
Cost / income ratio (%) 2 | 70.8 | 70.8 | 70.2 | 70.6 | |||
Non-performing loans as a % of lending portfolio, gross | 0.1 | 0.1 | 0.2 | ||||
Impaired lending portfolio as a % of lending portfolio, gross | 0.2 | 0.2 | 0.3 | ||||
Average VaR (10-day 99%) | 408.4 | 428.7 | 359.0 | (5) | 14 | ||
| Capital return and BIS data | |||||||
Return on allocated regulatory capital (%) 3 | 28.7 | ||||||
BIS risk-weighted assets | 153,847 | 148,912 | 142,046 | 3 | 8 | ||
Goodwill | 4,132 | 4,406 | 4,215 | (6) | (2) | ||
Allocated regulatory capital 4 | 19,517 | 19,297 | 18,420 | 1 | 6 | ||
Additional information | As at or for the quarter ended | % change from | Year to date | ||||
30.6.06 | 31.3.06 | 30.6.05 | 1Q06 | 2Q05 | 30.6.06 | 30.6.05 | |
Deferral (included in adjusted expected credit loss) | 58 | 47 | 40 | 23 | 45 | 105 | 73 |
Client assets (CHF billion) | 164 | 163 | 161 | 1 | 2 | ||
Personnel (full-time equivalents) | 19,512 | 18,734 | 17,430 | 4 | 12 | ||
TopTerms of Use | Privacy Statement
Products and services in these webpages may not be available for residents of certain nations. Please consult the sales restrictions relating to the service in question for further information.
© UBS 1998-2009. All rights reserved.
