UBS

UBS Financial Services Group Bank
Reader Rating4 Votes
4.3

Last updated: August, 2020

About UBS Group

UBS Group is a Swiss investment bank and financial services company. Headquartered in Zurich and Basel, it is the largest Swiss bank in the world and operates across the world. The bank is particularly prominent in America, Asia Pacific and the EMEA region.

Founded as Bank in Winterthur, UBS began life in 1862 at the beginning of the Swiss banking industry. Bank of Winterthur merged with Toggenburger Bank in 1912, forming the Union Bank of Switzerland. Union Bank of Switzerland merged with longtime competitor Swiss Bank Corporation in 1998 to form the current incarnation of UBS.

UBS is the world’s largest manager of private wealth, with half of the world’s billionaires on its client list. The bank is famously discreet and ranks both first and second (Switzerland and United States) on the 2018 Financial Secrecy Index.

UBS Group Products and Services

In the UK, UBS focuses on three primary divisions:

  • Asset management
  • Investment banking
  • Wealth management

UBS has been providing asset management services in the UK for five decades and creates bespoke opportunities for its clients to invest in emerging opportunities. These services are aimed at corporations, pension schemes, insurance companies, charities, private banks and fund managers.

The wealth management division works with high net worth individuals to create bespoke financial planning; from business succession to planning for retirement, philanthropy and sustainable investing. Customers can also choose from several financing and lending options, plus services for trusts and foundations. The wealth management division also offers specialist services for professional service companies and charities.

UBS’ investment banking division offers services including:

  • Long and short-term bespoke financing
  • Debt and equity capital markets
  • Retail investment products
  • Mergers and acquisitions
  • Sales, trading, execution and clearing

Security at UBS Group

UBS is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and Prudential Regulation Authority. Deposits of up to £85,000 are covered by the Financial Services Compensation Scheme (FSCS).

UBS Contact Details

5 Broadgate
London
EC2M 2QS

Telephone: 020 7567 8000

Email: [email protected]

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