UBS donates $1 million to American Red Cross relief efforts following Hurricane Katrina
NEW YORK, September 8, 2005 -- UBS has donated $1 million to the American Red Cross in support of the organization's relief efforts following Hurricane Katrina. UBS will also match employee contributions to eligible charities assisting the Gulf States through its matching gift programs. In addition to helping the wider community, UBS is helping its employees and their families get back on their feet through an internal fund.
UBS has established a task force to assist its employees and clients with their recovery efforts in the wake of this disaster. Fortunately, all 71 UBS employees in 2 offices in the affected states made it safely through the storm.
"The people affected by Hurricane Katrina are in the thoughts of all of us at UBS," said Mark Sutton, Chairman and CEO, Americas. "We are committed to helping our staff, clients and the wider community with their recovery efforts following this terrible tragedy."