UBS Group AG

UBS Group AG

Headquarters in Zürich, Switzerland
Formerly	Union Bank of Switzerland (1862–1998)
Type	Public (Aktiengesellschaft)
Traded as	Template:SWX NYSE: UBS SMI component
ISIN	Template:CH0244767585
Industry	Banking Financial services
Predecessor	Union Bank of Switzerland Swiss Bank Corporation
Founded	29 June 1998 (1998-06-29) (through the merger of Union Bank of Switzerland and Swiss Bank Corporation)
Headquarters	Paradeplatz Zürich, Switzerland
Area served	Worldwide
Key people	Colm Kelleher (chairman) Sergio Ermotti (CEO) Sarah Youngwood (CFO)
Products	Investment banking wealth management private banking investment management asset management corporate banking retail banking corporate banking private equity finance and insurance retail banking mortgages credit cards
Revenue	US$34.6 billion (2022)
Operating income	US$9.60 billion (2022)
Net income	US$7.63 billion (2022)
AUM	US$3.96 trillion (2022)
Total assets	US$1.10 trillion (2022)
Total equity	US$56.9 billion (2022)
Number of employees	74,022 (end 2022)
Subsidiaries	Credit Suisse
Capital ratio	Tier 1 14.2% (2022)
Rating	S&P: A+ Moody's: Aa2 Fitch: AA-
Footnotes / references UBS Institutional Reporting as of: end of 2022

UBS Group AG is dedicated to revolutionize the potential of financial investments. Uniting individuals for a more prosperous global community.

UBS is a preeminent global financial advisory and solutions provider, catering to private, institutional, and corporate clients across the world, with a particular emphasis on Swiss private clients. With a widespread presence in major financial centers, our recent integration with Credit Suisse enhances our capabilities, offering clients elevated value, a broader spectrum of services, and an extended global reach, reaffirming UBS's role as a driver of financial achievement.

Team

Board of Directors

Chairman of the Board of Directors

Colm Kelleher assumed the role of Chairman at UBS following his election in April 2022, . Prior to this, he had a distinguished career at Morgan Stanley, where he served as President until his retirement in 2019. In this role, he held responsibility for overseeing the Institutional Securities Business and Wealth Management. Preceding this position, he held the roles of Co-President and subsequently President of Morgan Stanley Institutional Securities. Notably, during the global financial crisis, he played a key role as CFO and Co-Head of Corporate Strategy from 2007 to 2009.

Mr. Kelleher's standing in the financial services sector is highly regarded, showcasing his thirty-year tenure at Morgan Stanley as a testament to his robust leadership skills within the banking industry. His extensive career underscores his adept leadership and strong international connections. His comprehensive knowledge of the global banking landscape spans across diverse geographic regions and major business sectors where UBS maintains its presence.

Vice Chairman

Lukas Gähwiler contributes an extensive reservoir of industry expertise and a profound comprehension of UBS's operations to the Board. His notable journey includes a five-year tenure as Chairman of the Board at UBS Switzerland AG, and he served as a member of UBS's Group Executive Board and held the position of President for UBS Switzerland from 2010 to 2016. In this capacity, he held sway over private clients, wealth management, corporate and institutional clients, investment banking, and asset management businesses within UBS's domestic market. Prior to affiliating with UBS, Mr. Gähwiler amassed over two decades of service with Credit Suisse, culminating in his role as Chief Credit Officer for Global Private and Corporate Banking.

In addition to his substantial leadership prowess and industry familiarity across all facets of banking, Mr. Gähwiler's robust connections and network, particularly within Switzerland, play an integral role in the success of the firm.