Company profile

Future of UBS Group

#
Rank
14
| Quantumrun Global 1000

UBS AG is a Swiss worldwide financial services company, co-headquartered in Basel and Zurich and incorporated in the Canton of Zurich. The company offers asset management, wealth management, and investment banking services for corporate, institutional, and private clients globally, and is generally regarded to be a bulge bracket bank. In Switzerland, these services are also provided to retail clients. The name UBS was originally an abbreviation for the Union Bank of Switzerland but discontinued to be a representational abbreviation after the bank's merger in 1998 with Swiss Bank Corporation. The company traces its roots to 1856 when the earliest of its predecessor banks were established. UBS remains to be a top provider of commercial banking and retail banking services in Switzerland. It is the largest bank in Switzerland.

Home Country:
Sector:
Industry:
Banks - Commercial and Savings
Website:
Founded:
1998
Global employee count:
60785
Domestic employee count:
21267
Number of domestic locations:
367

Financial Health

Revenue:
$28320000000 CHF
3y average revenue:
$28984000000 CHF
Operating expenses:
$24230000000 CHF
3y average expenses:
$24971000000 CHF
Funds in reserve:
$121138000000 CHF
Market country
Revenue from country
0.38
Market country
Revenue from country
0.23

Asset Performance

  1. Product/Service/Dept. name
    Investment bank
    Product/Service revenue
    4277000000
  2. Product/Service/Dept. name
    Wealth management
    Product/Service revenue
    2998000000
  3. Product/Service/Dept. name
    Personal and corporate banking
    Product/Service revenue
    2532000000

Innovation assets and Pipeline

Global brand rank:
140

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the financial sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications within the financial world—from AI trading, wealth management, accounting, financial forensics, and more. All regimented or codified tasks and professions will see greater automation, leading to dramatically reduced operating costs and sizeable layoffs of white-collar employees.

*Blockchain technology will be co-opted and integrated into the established banking system, significantly reducing transaction costs and automating complex contract agreements.

*Financial technology (FinTech) companies that operate entirely online and offer specialized and cost-effective services to consumer and business clients will continue to erode the client base of larger institutional banks.

*Physical currency will disappear in much of Asia and Africa first due to each region’s limited exposure to credit card systems and early adoption of internet and mobile payment technologies. Western countries will gradually follow suit. Select financial institutions will act as intermediaries for mobile transactions, but will see increasing competition from tech companies who operate mobile platforms—they will see an opportunity to offer payment and banking services to their mobile users, thereby cutting out traditional banks.

*Growing income inequality throughout the 2020s will lead to an increase in fringe political parties winning elections and encouraging stricter financial regulations.

COMPANY’S FUTURE PROSPECTS

Company Headlines