2020 Vault Rankings
At a Glance
“Lean deal teams means you get a lot of responsibility”
“Work/life balance and work flexibility”
“Huge firm means things can be slow-moving and bureaucratic”
UBS is one of the world's largest financial firms. Headquartered in Zurich, Switzerland, UBS has offices in over 50 countries and employs approximately 69,000 people. UBS provides financial advice and solutions to private, institutional, and corporate clients worldwide, as well as retail clients in Switzerland. Its strategy centers on its wealth management business and its universal bank in Switzerland, complemented by its global asset management business and its investment bank. The firm’s wealth management business partners with its other business divisions when delivering advice and solutions to clients.
The current version of UBS was formed in 1998 when Union Bank of Switzerland merged with Swiss Bank Corporation, whose combined history dates back to 1862. In 2000, UBS began trading on the NYSE and bought New York-based PaineWebber, whose history dates back to 1879, 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.
Senior management restructured the firm in 2009. UBS returned to profitability in 2009 and maintained its profitability during the course of 2010 and 2011. 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.
In 2016, Global Finance named UBS “the world's number one investment banking house.” In 2017, Global Financenamed UBS “Best Investment Bank” and “Best M&A Bank.” In 2018, UBS was named “World’s Best Bank for Wealth Management” by Euromoney for the eighth time; it also was named “Asia’s Best Bank for Wealth Management.” In 2019, GlobalCapital named UBS the “Equity Derivatives House of the Year” and the “FX Derivatives House of the Year.” In 2020, The Banker named UBS the "Investment Bank of the Year for Equity Raising" and awarded UBS with the "Best Technology Innovation in Investment Banking."
1285 Avenue of the Americas
New York, NY 10019
Phone: (212) 713-3000
Employer Type: Public
Stock Symbol: UBS
Stock Exchange: NYSE
Group CEO: Ralph Hamers
2020 Employees (All Locations): 69,000
New York, NY
London, United Kingdom
Hong Kong, Hong Kong
San Paulo, Brazil
Los Angeles, CA
San Francisco, CA