Latest media releases

This site lists the latest 20 media releases. Please go to the archive for previously published media releases.

May 2015

  1. UBS consumption indicator: upward trend ends in April

    The UBS consumption indicator fell slightly in April from 1.34 to 1.25 points, bringing an end to the upward trend that had lasted since January. Although the indicator remains above February's figure, its current level is relatively modest.

  2. UBS AG announces final terms of cash or share dividend

    Zurich/Basel, 22 May 2015 – At their Annual General Meeting on 7 May 2015, shareholders of UBS AG approved the distribution of a cash or share (title) dividend ("COTD"). Accordingly, between 8 May 2015 and 21 May 2015, each UBS AG shareholder was able to elect to receive either CHF 0.50 per share in cash or a number of new shares to be determined so as to be of substantially equivalent value to CHF 0.50 per share.

  3. UBS participates in resolutions of industry-wide FX matter

    Zurich/Basel, 20 May 2015 – UBS announced today that it has approved entering into resolutions with the US Department of Justice (DOJ), the Board of Governors of the Federal Reserve System (Fed) and the Connecticut Department of Banking (CT DOB) in their investigations of the global foreign exchange (FX) markets. This follows the firm's resolutions last November with the Swiss Financial Market Supervisory Authority, UK Financial Conduct Authority and the US Commodity Futures Trading Commission. The bank continues to cooperate with ongoing investigations by other authorities in this industry-wide matter, which include investigations of individuals.

  4. Real Estate Bubble Index rises slightly

    The UBS Swiss Real Estate Bubble Index reached 1.31 points after a slight increase in the first quarter of 2015. Risks failed to decline in the face of rising real home prices and continued strong investor demand for residential real estate. UBS economists expect prices to drop slightly and mortgage growth to slow down further in the quarters to come.

  5. Results of the Annual General Meeting of UBS Group AG

    UBS shareholders approved all the Board of Directors' proposals at today's Annual General Meeting in Basel. Shareholders confirmed the Chairman of the Board of Directors in office and those members of the Board who stood for re-election and elected Jes Staley as a new member of the Board. They approved the Board's proposal to distribute an ordinary dividend and a one-time supplementary capital return. They approved the proposals relating to the remuneration of the members of the Board of Directors and the Group Executive Board and accepted the Compensation Report 2014. 1,361 shareholders attended the meeting, representing 2,168,044,325 votes.

  6. UBS Outlook Switzerland: Stemming the tide of regulations

    The persistently strong Swiss franc is causing uncertainty regarding business cycle development. This is all the more reason to bolster framework conditions for doing business in Switzerland. Stemming the swelling regulatory tide and the administrative burden that companies are faced with is becoming a matter of urgency.

April 2015

  1. UBS commits to match client donations up to CHF 1 million for earthquake relief in Nepal

    In response to the devastation in Nepal caused by the earthquake, UBS today announced that it will match donations from clients for relief efforts for up to a total of CHF 1 million. This is in addition to its long-standing matched giving program for UBS employees.

  2. UBS consumption indicator: Maintains slight momentum

    The UBS consumption indicator rose from 1.21 to 1.35 points in March, boosted by an increase in new car registrations. However, a continued decline in retailer sentiment has cast a shadow on the outlook for private consumption.

  3. UBS's first quarter 2015 results – Tuesday, 5 May 2015

    UBS invites you to the presentation of its first quarter 2015 results on Tuesday, 5 May 2015. The results will be presented by Sergio P. Ermotti, Group Chief Executive Officer, Tom Naratil, Group Chief Financial Officer and Group Chief Operating Officer, Caroline Stewart, Global Head of Investor Relations and Hubertus Kuelps, Group Head of Communications & Branding.

  4. UBS publishes agenda for the first Annual General Meeting of UBS Group AG

    Shareholders at this year's UBS Group AG Annual General Meeting (AGM) in Basel will for the first time be able to decide on compensation for members of the Board of Directors (BoD) and Group Executive Board (GEB). In addition, Helmut Panke will step down from the BoD. Jes Staley will be nominated for election to the BoD.

March 2015

  1. UBS consumption indicator: Slight increase from a low level

    The UBS consumption indicator rose from 1.11 to 1.19 points in February, boosted by an increase in new car registrations. The pessimistic mood of retailers after the abandonment of the EURCHF minimum exchange rate has proven to be a burden.

  2. Negative interest rate environment increases pressure on Swiss pension system

    Since the Swiss National Bank (SNB) scrapped the EURCHF floor on January 15, 2015 and lowered the negative interest rate even further, the interest rate environment in Switzerland has been turned on its head. The UBS Chief Economist Switzerland and his team analyzed the possible implications under different interest rate scenarios. The results show adverse effects for the real economy, significant interest rate risks and additional consolidation pressure in the banking sector, along with serious consequences for the Swiss pension system.

February 2015

  1. UBS consumption indicator: weaker private consumption even before the minimum exchange rate was dropped

    The UBS consumption indicator fell to 1.24 points in January from 1.42 due to a lower number of new car registrations. The improved mood of retailers and consumers prior to abandonment of the exchange rate floor prevented a sharper drop.

  2. UBS Outlook Switzerland: Switzerland at parity

    UBS economists lowered their growth forecast for the Swiss economy this year from 1.8% to 0.5% after the EURCHF exchange rate floor was abandoned. UBS expects the Swiss franc to fall slightly against the euro in the next 12 months and fluctuate around the 1.05 mark. As long as the franc remains significantly overvalued, however, the Swiss National Bank will keep interest rates negative.