UBS News Alert

September 2005

  1. UBS will sell its 55.6% stake in Motor-Columbus to a consortium of Atel's Swiss minority shareholders, EOS Holding and Atel, as well as to French utility Electricité de France (EDF). Corresponding agreements to this effect have been signed. The sale price has been set at CHF 1.3 billion, resulting in an estimated pre-tax gain for UBS of around CHF 350 million. The transaction must be approved by various national and international authorities and will not be completed until the beginning of 2006 at the earliest.
  2. UBS announces senior management appointments

April 2005

June 2004

April 2004

February 2004

January 2004

  1. Saxo Bank has become the 20th institution to sign up with UBS as an active CLS third-party client. By entering into this partnership, Saxo will be able to execute and settle its cross-border foreign exchange transactions through the CLS global settlement system.

December 2003

  1. The UBS Board of Directors will propose three candidates for election to the Board at the Annual General Meeting (AGM) on 15 April 2004. The nominees are Stephan Haeringer, Helmut Panke and Peter Spuhler.

February 2003

  1. UBS Global Asset Management, a business group of UBS AG, today announced that it will create two additional business structures - one for alternative and quantitative investments, the other for global real estate. This will enhance investment and client focus while providing a solid foundation for growth and future expansion.

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