11 Facts About UBS That UBS Employees Already Know

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Here's 11 facts about UBS that UBS employees already know.

1. The first Chairman of the Board of Directors was Karl Stehlin-Merian (from 1872 until 1881)

2. UBS is a combination of at least 28 predecessor banks

3. The bank traces its heritage back to 1852

4. As a consequence of the Great Depression in 1933, UBS had to reduce its capital from $124m to $99.2m, because its activities and its balance sheet had shrunk considerably

5. The average yearly salary of a UBS employee in 1939 (excluding management) was $7,459.

6. 1962 - UBS celebrates its 100th anniversary and establishes the Jubilee Foundation for cultural purposes

7. At the end of 1962, UBS becomes - for the first time - the largest bank in Switzerland. Its assets amount to $8,65bn

8. 1975 - UBS opens its Branch on Wall Street

9. 1976 -  Renée Wolf is the first woman to be made a member of the management team

10. In 1979 UBS is rated for the first time by Moody's and S&P and receives the highest possible rating from both of them

11. 1983 - UBS installs its first PC

Sources: UBS website, Wikipedia


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