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Global Wealth Management & Business Banking
Global Wealth Management & Business Banking

Global Wealth Management & Business Banking is both the leading global provider of financial services for wealthy clients and the top bank for individual and corporate clients in Switzerland.
Global Wealth Management & Business Banking is both the leading global provider of financial services for wealthy clients and the top bank for individual and corporate clients in Switzerland.

Business description

Global Wealth Management & Business Banking comprises the following business units, which are reported separately:

Wealth Management International & Switzerland provides a comprehensive range of products and services, individually tailored for wealthy and affluent clients around the world (except domestic US clients), via its extensive global branch network and through financial intermediaries. An open product platform gives clients access to a wide array of pre-screened, top- quality products from third-party providers that complement UBS’s own lines.

Wealth Management US offers sophisticated products and services specifically designed to address the needs of emerging affluent, affluent, high net worth and ultra-high net worth domestic US clients.

Business Banking Switzerland offers high-quality, standardized products to the retail market for individual and small company clients, as well as more complex products and advisory services for larger corporate and institutional clients and financial institutions in Switzerland.

Business structure

Global WM&BB structure

Business group/business unit reporting

CHF million, except where indicatedWealth Management International & SwitzerlandWealth Management USBusiness Banking SwitzerlandGlobal Wealth Management & Business Banking

As of or for the year ended

31.12.07

31.12.06

31.12.07

31.12.06

31.12.07

31.12.06

31.12.07

31.12.06

Total operating income

12,866

10,798

6,659

5,863

5,489

5,270

25,014

21,931

Total operating expenses

6,560

5,595

5,941

5,281

3,029

2,914

15,530

13,790

Business group / business unit performance before tax

6,306

5,203

718

582

2,460

2,356

9,484

8,141


Additional information

Net new money (CHF billion)

125.1

97.6

26.6

15.7

4.6

1.2

156.3

114.5

Invested assets (CHF billion)

1,294

1,138

840

824

164

161

2,298

2,123

Personnel (full-time equivalents)

15,811

13,564

19,347

18,557

15,932

15,913

51,090

48,034

Page last updated: March 28, 2008, 3:35 PM

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