UBS at a Glance


  • “The culture and people—working alongside really smart, hardworking and community-minded team members”
  • “Career growth and mobility, including international opportunities”
  • “Stimulating and challenging work we do for interesting clients”


  • “Long hours and stress”
  • “Inefficiencies in back-office and outsourcing—lean workforce all around”
  • “Constant organizational change”

The Buzz

  • “Bulge bracket”
  • “Not what it used to be”
  • “Focus on investment banking is diminishing”
  • “Lost its tarnish”

About UBS

UBS is one of the world's largest financial firms. Headquartered in Zurich, Switzerland, UBS has offices in over 50 countries and employs approximately 60,000 people. UBS provides private, institutional, and corporate clients worldwide, as well as retail clients in Switzerland, with financial advice and solutions. Its strategy centers on its wealth management businesses and its universal bank in Switzerland, complemented by its global asset management business and its investment bank.

The current version of UBS was formed in 1998 when the Union Bank of Switzerland merged with the Swiss Bank Corporation, whose history dated to the 1870s. In 2000, UBS began trading on the NYSE and bought New York-based PaineWebber for $11.8 billion, solidifying its U.S. presence. More recently, in 2008 and 2009, it reorganized itself and shrank considerably, as a result of losses stemming from the subprime mortgage crisis. The company also received aid from the Swiss government.

In addition, the firm went through a management shakeup. In early 2009, CEO Marcel Rohner resigned and Oswald Grübel, an ex-Credit Suisse executive, took over. Grübel was largely responsible for Credit Suisse's turnaround, and investors hoped he'd be able to do the same for UBS. But it wasn't meant to be; another scandal-involving a rogue UBS trader-resulted in Grübel's resignation in September 2011. Sergio Ermotti, the head of UBS's European operations, was named interim CEO and remains the Group CEO of UBS today. 

Since 2012, UBS has grown its wealth management businesses, and transformed its investment bank to focus on its traditional strengths in advisory, research, equities, foreign exchange, and precious metals. It has also improved its capital position while growing its business and enhancing its competitive positioning. At the beginning of 2014, Euromoney named UBS the "Best Global Bank," noting that "the bold decisions taken by a new chief executive and his management team make [UBS] today a bank that others seek to emulate." Euromoney again recognized UBS in 2015, naming the firm "Best Global Wealth Manager," underscoring the bank's position as an industry leader in its core wealth management businesses and its ability to navigate difficult times. 

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1285 Avenue of the Americas
New York, NY 10019
Phone: (212) 713-3000


  • Employer Type: Public
  • Stock Symbol: UBS
  • Stock Exchange: NYSE
  • Group CEO: Sergio P. Ermotti
  • 2015 Employees: 60,000

Major Office Locations

  • New York, NY
    London, United Kingdom
    Hong Kong, Hong Kong
    Zurich, Switzerland
    San Paulo, Brazil
    Tokyo, Japan
    Los Angeles, CA
    San Francisco, CA
    Stamford, CT
    Chicago, IL
    Houston, TX

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