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Why is UBS called the 'New UBS'?
Is UBS an acronym?
When was UBS founded?
Is UBS a real bank?
UBS started in 1862 with the opening of the Bank in Winterthur. Discover the history of UBS over 160 years and how it became the bank you know today.
When Union Bank and SBC merged, officials originally wanted to name the merged company the "United Bank of Switzerland," but opted to call it simply UBS because of a name clash with the separate Swiss company United Bank Switzerland – a part of the United Bank Limited's Swiss subsidiary.
Founded in: 1980. Acquired by Union Bank of Switzerland in 1980 and renamed from Schweizerische Hypotheken- und Handelsbank to Hyposwiss - Schweizerische Hypotheken- und Handelsbank. Sold by UBS in 2002.
- What Is Ubs?
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UBS, formerly known as the Union Bank of Switzerland, is a multinational diversified financial services company headquartered in Zurich and Basel. UBS is involved in virtually all major financial activities, including retail and commercial banking, investment banking, investment management, and wealth management. UBS has a major presence around the...
The name UBS is derived from one of its predecessor corporations, the Union Bank of Switzerland. The current UBS originated when the Union Bank of Switzerland merged with the Swiss Bank Corporation in 1998. Thus, UBS is now used as the company's official name and not as an acronym.
UBS has several major divisions, offering products and services to numerous clients. These divisions include wealth management, asset management, investment banking, and retail banking.
UBS is a Swiss investment bank with global operations; it operates in more than 50 countries worldwide, with over 115,000 employees. Its primary divisions include investment and retail banking, and asset and wealth management. This financial institution has a major presence in the United States, including at its American headquarters in New York Ci...
- Julia Kagan
Sep 20, 2024 · UBS AG, major bank formed in 1998 by the merger of two of Switzerland’s largest banks, the Swiss Bank Corporation and the Union Bank of Switzerland. Although it is derived from ‘Union Bank of Switzerland,’ the name UBS is not an acronym. The bank is headquartered in Zurich and Basel, Switzerland.
Feb 12, 2024 · UBS, short for Union Bank of Switzerland, is a multinational bank and financial services company headquartered in Zurich, Switzerland. With a legacy dating back to the 19th century, UBS has evolved into one of the world’s largest and most respected banks.
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related to: Why is UBS called UBS?UBS private wealth advisor can help meet the sophisticated needs with significant wealth. UBS can help you pursue your goals now and your future. Across your entire financial life.
