Initiatives & Achievements

Corporate Clients

The fee pool continued to recover in first half 2004, rising 19% from the same period a year earlier and remaining approximately in line with the previous quarter. According to Freeman data, we were ranked sixth with a 5.0% year-to-date market share, unchanged from the same period last year. In the US, we stood at seventh place with market share rising to 5.0% for first half 2004 from 4.7% in the same period last year. In the Europe, Middle East and Africa (EMEA) region, we stood at third place with 5.1% market share, down from 5.6% market share in first half 2003. In Asia Pacific, year-to-date market share increased to 5.0% from 4.6% for the same period last year, although our ranking fell to sixth from fourth place.

Institutional Clients

According to the latest data released by a leading private industry survey, we kept our first place in the global ranking for secondary equity cash commissions for a ninth consecutive quarter. For a fourth consecutive year, we were voted best European brokerage firm for equity and equity-linked research, sales and trading in the Thomson Extel annual survey. In the same survey, our clients cited our client portal as the “best sell-side website”. Our strength in providing technology-based solutions to our clients was again underlined when we won the Euromoney technology award for the second year running. UBS was also top-ranked provider of global portfolio trading services, according to a Financial News survey.

We were recognized as a sector leader in Global Custodian’s annual prime brokerage survey, following our 2003 acquisition of ABN AMRO’s US prime brokerage unit, which significantly strengthened our presence in that market.

Our research teams won a number of prestigious awards. For a second consecutive year, UBS topped an Institutional Investor magazine survey on the best research teams in Latin American securities. For a third year in a row, UBS was ranked number one in Institutional Investor’s 2004 All-Asia research survey.

For the second year running, the annual Euromoney FX poll named us the world’s topranked foreign exchange bank. According to the survey, we increased our leading market share by another percentage point, to 12.4%.

Top