UBS University opens Beijing campus

Beijing, 13 April 2017 — UBS today officially opened the Beijing campus of the UBS University which will offer a wide range of professional training and talent development programs. The UBS University also has campuses in Singapore and Hong Kong.

"The opening of the Beijing campus is the latest milestone in the development of our business on the Mainland. We believe that China will continue to post higher growth than any other comparable economy in the world. It remains a key market for UBS and one in which we will continue to invest, "said Kathryn Shih, President Asia Pacific at UBS and Member of the Group Executive Board.

"The growth momentum across all of our businesses in China, including the investment bank and wealth and asset management, remains undiminished. We have announced that we planned to double our headcount in China by 2020. We expect the campus in Beijing to become a rich source of financial talent that will help meet the spiraling demand as our businesses continue to grow," said Eugene Qian, Chairman of UBS China Strategy Board.

"Talent development is a key component of UBS's strategy. In 2016, on average, each employee in China attended in excess of 15 training events, and attained more than 30 hours of training. The Beijing campus will further enhance the development opportunities that we will offer our employees," said Maria Chan, Head of Human Resources, UBS Asia Pacific.

The Beijing campus will primarily provide UBS employees with a wide range of talent, professional development and leadership programs as well as and divisional training, which will strengthen their soft skills and risk management capabilities. The Campus will also be available for hosting external educational events.

Notes for editors

UBS

UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. The operational structure of the Group is comprised of our Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. UBS's strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates, in order to generate attractive and sustainable returns for its shareholders. All of its businesses are capital-efficient and benefit from a strong competitive position in their targeted markets.

UBS is present in all major financial centers worldwide. It has offices in 54 countries, with about 34% of its employees working in the Americas, 35% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 13% in Asia Pacific. UBS Group AG employs approximately 60,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

In China, UBS has a multi-entity domestic platform which allows it to develop its core businesses – wealth management, asset management and investment bank. The establishment of UBS Securities represents the first time that a foreign entity has been allowed to invest directly into a fully-licensed securities firm. UBS Securities holds 100% stake in UBS Futures Co. Limited. UBS (China) Limited is the wholly foreign owned bank focusing on wealth management business. UBS SDIC Fund Management Co. Ltd is a joint venture with the State Development Investment Corporation in which, for the first time, a foreign partner holds the maximum 49% equity stake. UBS Global Asset Management (China) Limited in Beijing is engaged in domestic non-securities equity investment management and advisory services. UBS Asset Management (Shanghai) Ltd in the Shanghai Free Trade Zone offers private funds for investing in overseas markets under the Qualified Domestic Limited Partner (QDLP) scheme.

Media contact