UBS
The past year has proved particularly profitable for UBS’s shareholders. The bank achieved a 39.4% RoE and distributed a total pay-out of SFr3.80 ($3) per share, including a repayment that allowed shareholders to benefit from the gain from the sale of UBS’s private banks and GAM business.
UBS continued to grow in 2005, organically and through acquisitions. Its strategy of securing global leadership positions in selected areas with above-average growth potential has proven successful. Its integrated business model facilitates client referrals and the exchange of products and distribution services between businesses contributes to UBS’s revenue flows.
Clients’ demand for long-term alternative investment opportunities was satisfied by the creation of a new alternative investment management business, Dillon Read Capital Management, which will also create a new stream of investment management fees from what has until now been a purely in-house trading activity.
“We are proud to be awarded Bank of the Year in Switzerland for the sixth year running,” says Alain Robert, head of wealth management Switzerland and member of the UBS group managing board. “UBS is the world’s largest wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in wealth management, retail and commercial banking. By growing both our client and our talent franchises, we add sustainable value for our shareholders.”
