11 Facts About UBS That UBS Employees Already Know

UBS Google Search

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

 

Have something to tell us about this article?

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...