UBS

UBS Group AG (commonly known as UBS) is a leading Swiss multinational investment bank and financial services company, headquartered in Zurich and Basel, Switzerland. It stands as the largest truly global wealth manager and the premier universal bank in Switzerland, strengthened by its focused investment banking and asset management operations. Formed in 1998 through the merger of Union Bank of Switzerland (dating back to 1862) and Swiss Bank Corporation (1872), UBS significantly expanded in 2023 by acquiring Credit Suisse in a government-brokered deal, creating one of the world's most prominent wealth management powerhouses and integrating operations that are substantially complete by late 2026. The bank serves private clients (especially high-net-worth and ultra-high-net-worth individuals), institutions, and corporations worldwide through divisions including Global Wealth Management, Personal & Corporate Banking (dominant in Switzerland with extensive branch networks and digital services), Asset Management, and Investment Banking. With over 100,000 employees (around 103,000 internal full-time equivalents as of late 2025), total assets exceeding $1.6 trillion, invested assets nearing $7 trillion, and operations in more than 50 countries, UBS delivers comprehensive financial advice, tailored investment solutions, banking services, and global execution capabilities, led by Group CEO Sergio P. Ermotti and Chairman Colm Kelleher.