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UBS also entered the life insurance business in 1993 establishing UBS Life. UBS formed a joint venture with Swiss Life in 1995, known as UBS Swiss Life. UBS took a 25% ownership position in Swiss Life in exchange for a 50% share in the joint venture. [5] UBS entered the 1990s clearly the largest and most conservative of the three large Swiss Banks.
UBS CEO Sergio Ermotti has taken on a challenge unprecedented in the history of global banking, and the stakes for him, the bank and global financial markets are sky-high. He’s leading the ...
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The combined UBS logo incorporated UBS's name with SBC's "three keys" symbol. On December 8, 1997, Union Bank of Switzerland and SBC announced an all-stock merger. At the time of the merger, Union Bank of Switzerland and Swiss Bank Corporation were the second and third largest banks in Switzerland, respectively, both trailing Credit Suisse . [ 37 ]
In 2006, for the fourth consecutive year, UBS was named one of the 100 Best Companies for Working Mothers living in the U.S. by Working Mother magazine. [272] It is a member of the Stonewall Diversity Champions scheme [ 273 ] and has active gay and lesbian, ethnic minority, and women's networking groups.
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Stock market prices are rising as 2024 ends and some people are worried about a possible downturn. But UBS (NYSE:UBS) analysts say there's no need to stress. They think prices will keep going up ...