Latest media releases

Please go to the archive for previously published media releases.

December 2016

  1. UBSis announcing today that it has combined most of its Wealth Managementbusinesses in Europe into one legal entity, UBS Europe SE. The new Europeansubsidiary is headquartered in Frankfurt, Germany and will operate in Europeanmarkets through a network of branches. The choice of a societas Europaea as thecorporate structure for the entity provides UBS with strategic flexibility.
  2. The measures for both small- and medium-sized industrial enterprises still lie below the long-term averages. However, the SME barometer rose again to -0.16 points in October, while the barometer for large companies fell marginally to -0.24 points. Among the service providers, large companies are also under greater pressure.

November 2016

  1. In October, the UBS consumption indicator rose from 1.47 to 1.49 points. Positive developments in the automobile market and robust domestic tourism continue to support private consumption. However, the slump in the retail sector prevented a stronger rise of the indicator.
  2. Exclusive research by UBS and published on its UNLIMITED platform reveals new global powers are now providing more confidence to the next generation than traditional economies
  3. Commissioned by UBS, the exhibition of new photographs will open to the public on 28 January 2017 at ewz-Unterwerk Selnau. Access to the exhibition will be free.
  4. UBS will increase the salaries for its employees in Switzerland, up to and including middle management, by an aggregate of 0.8%.
  5. Over the last three decades, the middle classes in many industrial countries have scarcely made any progress in terms of real earnings. They see themselves as relative losers from globalization. This has contributed to political polarization and the rise of populist politicians. In Switzerland, by contrast, several factors such as the strong Swiss franc and the dual education system have led to a comparatively balanced income development.
  6. The UBS Swiss Real Estate Bubble Index stayed in the risk zone in 3Q16 at 1.35 index points. While the buy-to-rent price ratio reached an all-time high, moderate mortgage growth and the slightly-improved economy prevented imbalances in the owner-occupied housing market from widening.

October 2016

  1. The UBS consumption indicator rose from 1.53 to 1.59 points in September. The positive trend continues and points to further growth in private consumption for the fourth quarter. The driving forces are new vehicle registrations, which are at a record level, and the upsurge in domestic tourism in August.
  2. For 2017, UBS expects an average nominal wage increase of 0.6 percent in Switzerland. Ongoing economic and geopolitical challenges are still causing companies difficulties and holding wages down. Coupled with a forecast annual inflation rate of 0.4 percent for 2017, average real wages may virtually stagnate, having risen by an average of 1.2 percent per year over the last eight years.
  3. UBS launches program for professionals returning after a career break with a particular focus on female returnees.

September 2016

  1. The UBS Consumption Indicator rose to 1.53 points in August from 1.45. This development was fueled by resurging tourism and above-average car sales for the month. However, the situation on the labor market casts a shadow on this rise.