1 Refer to the “Performance of our business divisions and Group Functions” table for a list of items called out due to their one-off nature within the context of the quarter, which have been excluded to show the “adjusted” results referred to in this document.
2 Return on CET1 capital is calculated as annualized net profit attributable to shareholders divided by average common equity tier 1 capital.
3 Excluding the effects of the temporary exemption of central bank sight deposits for the going concern leverage ratio calculation granted by the Swiss Financial Market Supervisory Authority (FINMA) on 25 March 2020 in connection with COVID-19.
Interview with Sergio P. Ermotti
UBS Group CEO comments on our results for the third quarter of 2020.