UBS Group introduction and official website domain name

UBS Group (United Bank of Switzerland, UBS), also known as Swiss Bank, manages 26% of the world's cross-border wealth in the Swiss banking industry and still maintains its position as a global leader in wealth management.

UBS operates in all major financial centers worldwide. Headquartered in Zurich, Switzerland, it has branches in 50 locations. Approximately 31% of its employees are located in the Americas, 32% in Switzerland, 19% in other countries in Europe, the Middle East, and Africa, and 18% in Asia Pacific. UBS Group's shares are listed on the Swiss Stock Exchange and the New York Stock Exchange.

On March 21, 2023, Moody's Investors Service affirmed UBS Group's unsecured debt rating at A3, downgrading the outlook for its long-term deposit and senior unsecured ratings from stable to negative. Following the official completion of its acquisition of Credit Suisse on June 12 (local time), UBS Group will have over $1.6 trillion in assets and liabilities and more than 120,000 employees.

On April 21, 2024, UBS Group announced that it would implement five rounds of global layoffs starting in June 2024. A total of 50% to 60% of former Credit Suisse employees may be laid off, with estimated savings of 12 billion Swiss francs, or over 95 billion yuan. On May 31, 2024, UBS Group announced the completion of its merger with Credit Suisse Group. Credit Suisse Group was deregistered from the Zurich Cantonal Commercial Register and ceased to exist as an independent entity.

In June 2025, UBS Group is expected to face an additional capital requirement of $26 billion under the Swiss government's reform plan.

Company Name: UBS Group AG.

Official Domain Name: ubs.com.

Domain Creation Date: February 15, 1993.

Country: Switzerland.

Headquarters: Zurich, Switzerland.

Founded: 1862.