Hong Kong, 29 March 2018 - UBS AG’s Hong Kong Branch today released its Key Financial Information Disclosure Statements, as required by the Hong Kong Monetary Authority of overseas-incorporated authorized institutions.
The UBS AG Hong Kong Branch Key Financial Information Disclosure Statements (attached) include financial information relating to the operations of the branch as at 31 December 2017. The Statements include: Statement of Comprehensive Income; Statement of Financial Position; Notes to the Financial Statements; Off Balance Sheet and Liquidity Information and Group Consolidated Financial Information.
The UBS AG Hong Kong Branch is wholly integrated with the global operations of UBS AG and managed on global functional lines.
Copies of the UBS AG Hong Kong Branch’s Financial Disclosure Statements as at 31 December 2017 will be available at the 52/F Reception, Two International Finance Centre, or by contacting Mark Panday (Tel: +852 2971 8221, E-Mail: email@example.com) from 29 March 2018. A copy is also filed with the Hong Kong Monetary Authority, which keeps this notice in its Public Registry, maintained under Section 20 of the Hong Kong Banking Ordinance.
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS' strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.
UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).