Acquire Chase Investment Unit. 96 Colloquially referred to as the "New UBS" to distinguish itself from the former Union Bank of Switzerland, the combined bank became the second largest in the world at the time, behind only the Bank of Tokyo-Mitsubishi. The business was initially renamed UBS Paine Webber in March 2001 after it was acquired by UBS. (For comparison, the peak employment level in 2007 before the 2008 financial crisis was 83,500). Additionally, UBS is the leading provider of retail banking and commercial banking services in Switzerland, as established already in 2009. "UBS Deal Shows Clinton's Complicated Ties". Were ranked second on the Financial Secrecy Index, following UBS Switzerland.
27 28 Ermotti's comments have been interpreted to be emblematic of the company's stance on client privacy. The name 'UBS' came from one of our predecessor firms - the Union Bank of Switzerland. It has been decided that Martin Blessing will assume the role as President Personal Corporate Banking and President UBS Switzerland, replacing Lukas Gaehwiler, who himself will take the new role as Chairman of the Region Switzerland as of 1 September 2016. "UBS retains positions as world's biggest private bank: study". "UBS 100 Billion Wager Prompted 24 billion Loss in Nine Months".
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Retrieved Franklin, Angelika Gruber, Chine Labbé, Joshua. 1872 Basler Bankverein investor prospectus. 179 The bill was passed by the Swiss Federal Assembly in order to combat the seizure of client assets and information for reasons debated by historians. EST each day the trade is open. UBS frequently cites Swiss culture specifically its penchant for privacy, security and neutrality as foundational to its company culture. 47 UBS Investment Bank edit UBS Investment Bank's former offices in Stamford, Connecticut. Kelly, Jemima (August 24, 2016).
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