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UBS in a few words

UBS is committed to providing private, institutional and corporate clients worldwide, as well as retail clients in Switzerland, with superior financial advice and solutions while generating attractive and sustainable returns for shareholders. Its strategy centers on its Wealth Management and Wealth Management Americas businesses and its leading universal bank in Switzerland, complemented by its Global Asset Management business and its Investment Bank. These businesses share three key characteristics: they benefit from a strong competitive position in their targeted markets, are capital-efficient, and offer a superior structural growth and profitability outlook. 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. Capital strength is the foundation of its success.

Headquartered in Zurich, Switzerland, UBS is present in all major financial centers worldwide. It has offices in more than 50 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa and 12% in Asia Pacific. UBS Group AG employs about 60,000 people around the world.

UBS Group AG is the holding company of the UBS Group. Under Swiss company law, UBS Group AG is organized as an Aktiengesellschaft, a corporation that has issued shares of common stock to investors. The operational structure of the Group comprises the Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Retail & Corporate, Global Asset Management and the Investment Bank.

(last updated May 2015)

Global presence

Our locations

UBS in a few figures

Annual results

Our key figures
  As of or for the year ended
CHF million, except where indicated 31.12.2013 31.12.2012 31.12.2011

 

Group results

Operating income 27,732 25,423 27,788
Operating expenses

24,461

27,216 22,482
Operating profit / (loss) from continuing operations before tax

3,272

(1,794) 5,307
Net profit / (loss) attributable to UBS shareholders

3,172

(2,480) 4,138
Diluted earnings per share (CHF) 1

0.83

(0.66) 1.08

 

Key performance indicators 2, balance sheet and capital management, and additional information

Performance
Return on equity (RoE) (%)

6.7

(5.1) 9.1
Return on tangible equity (%) 3

8.0

1.6 11.9
Return on risk-weighted assets, gross (%) 4

11.4

12.0 13.7
Return on assets, gross (%)

2.5

1.9 2.1
Growth
Net profit growth (%) 5     (44.5)
Net new money growth (%) 6

1.4

1.6 1.9
Efficiency
Cost / income ratio (%)

88.0

106.6 80.7
Capital strength
Common equity tier 1 capital ratio (%, phase-in) 7

18.5

15.3  
Common equity tier 1 capital ratio (%, fully applied) 7

12.8

9.8  
Swiss SRB leverage ratio (%, phase-in) 8

4.7

3.6  
Balance sheet and capital management
Total assets

1,009,860

1,259,797 1,416,962
Equity attributable to UBS shareholders

48,002

45,949 48,530
Total book value per share (CHF) 9

12.74

12.26 12.95
Tangible book value per share (CHF)9

11.07

10.54 10.36
Common equity tier 1 capital (phase-in) 7

42,179

40,032  
Common equity tier 1 capital (fully applied)7

28,908

25,182  
Risk-weighted assets (phase-in)7

228,557

261,800  
Risk-weighted assets (fully applied)7

225,153

258,113  
Total capital ratio (%, phase-in)7 22.2 18.9  
Total capital ratio (%, fully applied)7

15.4

11.4  

 

Additional information

Invested assets (CHF billion) 10

2,390

2,230 2,088
Personnel (full-time equivalents)

60,205

62,628 64,820
Market capitalization 9

65,007

54,729 42,843

  1 Refer to “Note 9 Earnings per share (EPS) and shares outstanding” in the “Financial information” section of this report for more information. 2 For the definitions of our key performance indicators, refer to the “Measurement of performance” section of this report. 3 Net profit / loss attributable to UBS shareholders before amortization and impairment of goodwill and intangible assets (annualized as applicable) / average equity attributable to UBS shareholders less average goodwill and intangible assets. 4 Based on Basel III risk-weighted assets (phase-in) for 2013. Based on Basel 2.5 risk-weighted assets for 2012. Based on Basel II risk-weighted assets for 2011. 5 Not meaningful and not included if either the reporting period or the comparison period is a loss period. 6 Group net new money includes net new money for Retail & Corporate and excludes interest and dividend income. 7 Based on the Basel III framework as applicable for Swiss systemically relevant banks (SRB). Numbers for 31 December 2012 are on a pro-forma basis. Refer to the “Capital management” section of this report for more information.8 Refer to the “Capital management” section of this report for more information. 9 Refer to “UBS shares” in the “Capital management” section of this report for more information. 10 Group invested assets includes invested assets for Retail & Corporate. 

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