Latest media releases

Please go to the archive for previously published media releases.

December 2017

  1. Jeremy Anderson to be nominated for election to the UBS Board of Directors at the forthcoming Annual General Meeting.
  2. Between July and October, the SME barometer for industrials climbed from 0.64 to 0.75 points. The barometer for large industrial companies increased from 0.41 to 0.54 points. Both barometers are above their long-term averages, although the situation for service providers deteriorated slightly.

November 2017

  1. The UBS consumption indicator was quoted at 1.54 points in October, suggesting that private consumption is growing at a solid pace in the fourth quarter. A weaker Swiss franc and a drop in unemployment provide support for it, but rising inflation and the accompanying stagnation of real wages are likely to cap any growth in it.
  2. UBS will increase the salaries for its employees in Switzerland, up to and including middle management, by an aggregate of 1.0%.
  3. Around 41% of Swiss companies are seriously affected by digitization and will have to significantly adjust their business models. This is the conclusion of a survey of around 2,500 companies. In combination with demographic trends, digitization could lead to some dramatic employment shifts among sectors in Switzerland.
  4. TheUBS Swiss Real Estate Bubble Index declined somewhat in the third quarter of2017 and is currently in the risk zone at 1.38 index points. A slight fall inprices and a lower increase in mortgage volumes than in the previous quarterreduced imbalances. The demand for buy-to-let investments saw a marginal drop,but is at a level that is not sustainable in the long term.

October 2017

  1. UBS expects an average nominal wage increase of 0.7 percent in Switzerland next year. Companies are confident about the robust Eurozone economy and the weakening of the Swiss franc. Projected 2018 inflation of 0.6 percent means that real wages will be almost stagnant.Companies gave more promising responses about the new concepts they're using to lessen the expected, demographically related shortage of skilled workers. It remains to be seen whether their offers will be sufficiently taken up.
  2. The UBS consumption indicator rose to 1.56 points in September, signalling consumption growth slightly above the long-term average. The indicator was supported by significantly higher expectations in the retail industry, but UBS still projects consumer spending to grow 1.3 percent for the year overall.
  3. Private savings are essential to secure an adequate standard of living in retirement. This is the conclusion of the latest UBS International Pension Gap Index, which compares the mandatory pension systems in twelve countries worldwide. Visible trends challenge the future of all pension systems – planning and saving early is the key to success. The Retirement Monitor 2017, which was also published today, shows that the Swiss people's understanding about the pension system's pillar 3a is opaque.
  4. UBS invites you to the presentation of its third quarter 2017 results on Friday, 27 October 2017. The results will be presented by Sergio P. Ermotti, Group Chief Executive Officer, Kirt Gardner, Group Chief Financial Officer, Caroline Stewart, Global Head of Investor Relations, and Hubertus Kuelps, Group Head of Communications & Branding.

September 2017

  1. Housing in Zurich and Geneva is moderately overvalued; bubble risks grow in other developed world cities globally.
  2. The UBS consumption indicator increased to 1.53 points in August thanks to robust new car registrations and encouraging numbers of hotel stays by Swiss residents, indicating consumption growth slightly above the long-term average of 1.5%. However, the UBS economists still project 1.3% consumer spending growth for the year overall.
  3. Global Family Office Report 2017: the world’s leading family office research study offers insight into performance, investments and structural issues
  4. The discussion on 4 October 2017 at the Serpentine Galleries will be streamed on Facebook Live