Latest media releases

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

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.

  3. UBS's fourth quarter 2014 results – Tuesday, 10 February 2015

    UBS invites you to the presentation of its fourth quarter 2014 results on Tuesday, 10 February 2015. There will be two separate sessions - one for analysts and one for media (see below for details). 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. Real estate bubble index stable despite high investment demand

    The UBS Swiss Real Estate Bubble Index remained practically unchanged at 1.28 points in the fourth quarter of 2014. The growing scarcity of investment opportunities, however, led to a marked increase in demand for real estate investments. However, this upward pressure was offset by slightly stronger fundamentals and weaker mortgage growth.

January 2015

  1. UBS consumption indicator: solid private consumption towards end of 2014

    Thanks to numerous new car registrations, the UBS consumption indicator climbed from 1.29 to 1.42 points in December. The somber mood in the retail industry, however, is curbing expectations for major consumption growth.

  2. UBS to issue additional tier 1 capital instrument for employee compensation

    - Deferred Contingent Capital Plan enhanced to qualify as additional tier 1 capital
    -
    Supplementary capital return of CHF 0.25 per share following completion of squeeze-out, fully accrued in the fourth quarter 2014

December 2014

  1. UBS consumption indicator: fewer cars, but encouraging Christmas season

    The UBS consumption indicator fell slightly in November from 1.32 to 1.29 points. Fewer new car registrations are weighing on consumption, but on the positive side, Christmas retail business has apparently made a good start.

  2. Changes to the UBS Board of Directors

    Jes Staley to be nominated for election to the UBS Board of Directors at the forthcoming Annual General Meeting.