UBS Switzerland AG

UBS Switzerland AG

UBS AG is a Swiss global financial services company, incorporated in the Canton of Zurich, and co-headquartered in Zurich and Basel. The company provides wealth management, asset management, and investment banking services for private, corporate, and institutional clients worldwide, and is generally considered to be a bulge bracket bank. In Switzerland, these services are also offered to retail clients. The name UBS was originally an abbreviation for the Union Bank of Switzerland, but it ceased to be a representational abbreviation after the bank's merger with Swiss Bank Corporation in 1998. The company traces its origins to 1856, when the earliest of its predecessor banks was founded.

Articles by UBS Switzerland AG

UBS Global Real Estate Bubble Index 2018

The UBS Global Real Estate Bubble Index 2018 report is produced by UBS Global Wealth Management’s Chief Investment Office and analyzes residential property prices in 20 developed market financial centers around the world. Hong Kong faces the greatest risk of a housing bubble, followed in descending order by Munich, Toronto, Vancouver, Amsterdam, and London.

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Results of the Annual General Meeting 2018 of UBS Group AG

UBS Group

UBS shareholders approved all the Board of Directors’ proposals at today’s Annual General Meeting in Basel. Shareholders confirmed the re-election of the Chairman and the members of the Board of Directors. They elected Jeremy Anderson and Fred Hu as new members of the Board. They approved the payment of an ordinary dividend of CHF 0.65 per share, an increase compared with the previous year.

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UBS publishes agenda for the Annual General Meeting of UBS Group AG on 3 May 2018

UBS

The Board of Directors of UBS Group AG is proposing Jeremy Anderson and Fred Hu for election as new members of the Board of Directors for a one-year term. Jeremy Anderson (born 1958) was Chairman of Global Financial Services at KPMG International from 2010 until November 2017. He previously held various senior positions at KPMG and was appointed to lead KPMG’s UK Financial Services Practice in 2004.

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Swiss real estate market UBS Swiss Real Estate Bubble Index 4Q 2017

Switzerland UBS Real Estate Bubble Index

The UBS Swiss Real Estate Bubble Index declined in the fourth quarter of 2017, and is currently in the risk zone at 1.32 index points. This second fall in succession was driven by the persistently low increase of mortgage volumes. However, this may have been underestimated, as the records of mortgages granted by insurers and pension funds are inadequate. The majority of the sub-indicators remained unchanged in the last quarter.

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Switzerland UBS consumption indicator December: pleasing end to the year

Switzerland Private Consumption and UBS Consumption Indicator, December 2017

At 1.69 points, the consumption indicator lay well above the long-term average in December 2017, conveying an optimistic snapshot of Swiss private consumption. Weaker figures for new car registrations prevented an even higher value. The consumption indicator fell slightly in December 2017 to 1.69 points from 1.73. However, values had been revised upward in the past few months.

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Switzerland UBS Consumption Indicator August: A pleasant end to summer

Switzerland Private Consumption and UBS Consumption Indicator, August 2017

The UBS consumption indicator increased to 1.53 points in August thanks to robust new car registrations and encouraging numbers of hotel stays by Swiss residents, indicating consumption growth slightly above the long-term average of 1.5%. However, the UBS economists still project 1.3% consumer spending growth for the year overall.

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Switzerland UBS Consumption Indicator June: Subdued Growth

UBS Consumption Indicator June 2017

UBS consumption indicator printed 1.38 in June, pointing to subdued growth in Swiss private consumption in recent months. Relatively weak growth in employment was much to blame for the lackluster number, however this was offset somewhat by robust new car registrations data and overnight hotel stays by Swiss nationals.

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UBS Outlook Switzerland: Generation Silver in the labor market

A longer working life can counteract the demography-related shortage of skilled workers and spiraling social security expenditure. For this to happen, however, the reintegration of older employees must be improved and gainful employment made more attractive beyond the age of retirement. New, innovative concepts are needed that point the way toward a labor market that is more flexible and better-oriented to the needs older employed workers.

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Switzerland UBS Consumption Indicator May: Down slightly

UBS Consumption Indicator May 2017

The UBS consumption indicator registered 1.39 points in May, suggesting slightly below-average growth in private consumption. This matches the UBS CIO consumption growth forecast of 1.3% in 2017. The data published in June regarding new car registrations and hotel overnight stays by Swiss residents was robust and supported the consumption indicator.

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Switzerland UBS Consumption Indicator January: Light and shade

Switzerland Private Consumption and UBS Consumption Indicator, January 2017

The UBS consumption indicator rose from 1.38 to 1.43 points in January and continues to signal solid growth in private consumption. Swiss consumers view the economic and financial situation with considerably more optimism than in the last quarter. New car registrations and domestic tourism have, however, fallen compared with the previous January. Zurich, 1 March 2017 – Following a comprehensive data revision, the UBS consumption indicator climbed from 1.38 to 1.43 points in January.

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Swiss real estate market UBS Swiss Real Estate Bubble Index 4Q 2016

Switzerland UBS Real Estate Bubble Index

The UBS Swiss Real Estate Bubble Index stood in the risk zone at 1.35 points after a slight increase in the final quarter of 2016. The further increase in the ratio of purchase prices to rents and income reflects increasing interest rate risks. The stabilization of the index in the last few quarters is due to the sharp slowdown in household debt growth.

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Swiss real estate market UBS Swiss Real Estate Bubble Index 3Q 2016

Switzerland UBS Real Estate Bubble Index

Risks to the Swiss property market remained elevated in the three months through September, according to UBS Group AG’s quarterly index. “While the buy-to-rent price ratio reached an all-time high, moderate mortgage growth and the slightly-improved economy prevented imbalances in the owner-occupied housing market from widening,” it said in a report.

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Switzerland, UBS Consumption Indicator August

Switzerland Private Consumption and UBS Consumption Indicator

The UBS Consumption Indicator rose to 1.53 points in August from 1.45. This development was fueled by resurging tourism and above-average car sales for the month. However, the situation on the labor market casts a shadow on this rise.

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