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UBS Group AG
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UBS Group AG

by Jennifer DemirJune 5, 2017
Overview
Type

Aktiengesellschaft (AG)
Public company

Traded as

SIX: UBSG SIX: UBSN
NYSE: UBS

Founded

1862

Industry

Banking, Financial services

Headquarters

Zurich, Switzerland

Area served

Worldwide

Products

Investment Banking, Investment Management, Wealth Management, Private Banking, Corporate Banking, Private Equity, Finance and Insurance, Consumer Banking, Mortgages, Credit Cards

Phone Number

41 44 234 11 11

Website

https://www.ubs.com/

UBS Group AG

UBS AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. The company operates through five segments: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management, and Investment Bank. The Wealth Management segment offers banking and lending, wealth planning, investment management, and corporate finance advice solutions, as well as a range of financial services to wealthy private clients. The Wealth Management Americas segment provides advice-based wealth management solutions to high and ultra high net worth clients. The Personal & Corporate Banking segment offers comprehensive financial products and services to its private, corporate, and institutional clients in Switzerland. This segment also manages a substantial part of UBS’s Swiss infrastructure and banking products platform. The Asset Management segment provides investment management products and services, platform solutions, and advisory support to institutions, wholesale intermediaries, and wealth management clients. The Investment Bank segment offers investment advice, financial solutions and capital markets access services to corporate, institutional and wealth management clients The company was founded in 1862 and is headquartered in Zurich, Switzerland. UBS AG is a subsidiary of UBS Group AG.

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About The Community Member
Jennifer Demir
History of banking: Banking began with the first prototype banks of merchants of the ancient world, which made grain loans to farmers and traders who carried goods between cities. This began around 2000 BC in Assyria and Babylonia. Later, in ancient Greece and during the Roman Empire, lenders based in temples made loans and added two important innovations: they accepted deposits and changed money. Archaeology from this period in ancient China and India also shows evidence of money lending activity...

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