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February 2019

January 2019

  1. Switzerland faces an increasingly uphill battle in the international competition for locations . For one thing, tax competition has picked up recently, largely owing to the tax cuts in the US. On top of that the economic environment has grown more difficult. Tax reform will help Switzerland position itself successfully in spite of these challenges.
  2. UBS delivered strong full-year 2018 results with reported profit before tax (PBT) up 19% year over year (YoY) to USD 6,373m and adjusted3 PBT up 2% to USD 6,445m.
  3. In the face of rising risks, the multi-family housing market has pushed the owner-occupied housing and the office space markets out of the spotlight.
  4. UBS invites you to the presentation of its fourth quarter 2018 results on Tuesday, 22 January 2019. The results will be presented by Sergio P. Ermotti, Group Chief Executive Officer, Kirt Gardner, Group Chief Financial Officer, Martin Osinga, Head of Investor Relations ad interim, and Hubertus Kuelps, Group Head of Communications & Branding.

December 2018

  1. UBS will increase the salaries for its employees in Switzerland, up to and including middle management, by an aggregate of 1.0%.
  2. Momentum in the Swiss economy has receded. This is indicated by the fall in the two barometers both for large companies and small and medium-sized enterprises (SMEs). The barometers have been declining since March of this year in relation to their highest levels since the strong franc revaluation in 2011.

November 2018

  1. On 3 December, UBS will reopen its headquarters and branch at Bahnhofstrasse 45 in Zurich. Over the past three years, the more than 100-years-old building has been completely renovated and refurbished. The new headquarters are not only modern but also sustainably designed. The entire ground floor is now open to clients and visitors. The new UBS Forum at the heart of the ground floor opens up the building to the city and, together with the leased businesses, adds to the attractiveness of Zurich’s Bahnhofstrasse.
  2. The financial situation in retirement age is more uncertain than ever, especially for women and younger generations.
  3. UBS, Global Lead Partner of Art Basel for over 25 years, will kick off the openingof Art Basel Miami Beach (December 6-9, 2018) with the release of new study on the attitudes and behaviors of US-based wealthy fine art collectors.
  4. UBS is confident in its legal position, based on the facts and the law
  5. UBS will contest the matter and is confident in its legal position, based on the facts and the law
  6. According to a recentUBS survey, Swiss companies are optimistic about their business in the comingyear. They plan to step up investments and expand their workforce. Very few expect specific risks to materialize. They see the biggest danger in a general economic slowdown.
  7. The UBS Swiss Real Estate Bubble Index has fallen to a value of 0.87 index points and thus slips out of the risk zone. Both owner-occupied housing prices and mortgage volumes increased only moderately in the third quarter of 2018, and the signs of a real estate bubble in the Swiss market for owner-occupied homes have declined significantly since 2015.

October 2018

  1. On the basis of its compensation survey, UBS expects an average nominal wage increase of 1.0 percent in Switzerland for 2019. The forecast increase is thus higher than in preceding years. This is due, among other factors, to the continuing strong economic growth in recent years. At the same time, annual inflation of 1.0 percent is expected for 2019 and as a result a stagnation of real wages.
  2. Chinese entrepreneurs lead the way as billionaires add USD 1.4 trillion to their wealth in 2017, the greatest annual increase ever
  3. UBS delivered strong third-quarter results with reported profit before tax (PBT) up 37% year over year (YoY) to CHF 1,668m and adjusted PBT up 15% to CHF 1,733m.