Latest media releases

"UBS. The Bank for Banks." at Sibos in Singapore

Media Releases Switzerland

UBS is presenting "UBS. The Bank for Banks." at the Sibos in Singapore from 20 to 24 October 2003 (Stand No. 4061, level 4).

With this service, UBS is offering banks a wide range of modular services. By introducing "UBS. The Bank for Banks.", they can outsource elements of their business and operations in all sectors, which allows them to shift from a fix cost structure to a more flexible one. This also enables them to concentrate on their core competencies and deploy their resources more effectively, while UBS can make optimum use of its own capacities and expertise.

Stephan Zimmermann, Head of UBS Operations, comments on the strengths of The Bank for Banks": "With this service package, UBS is not offering standardized products, but tailor-made solutions with the emphasis on fully automated work flows (straight-through processing). This offering covers everything from transaction processing, cash management, foreign currency and securities trading to complex risk management functions, asset management services with Fund Distribution Administration, and private banking. In addition, it includes expert advice from specialists in various UBS sectors, state-of-the-art e- tools, access to research information, knowledge transfers and automated access to global financial markets."

Additional information on "UBS. The Bank for Banks." can be found at

Zurich / Basel, 13 October 2003