Is UBS a subsidiary of another company?

No. UBS Group AG is the publicly traded parent of all UBS businesses, listed on the SIX Swiss Exchange (UBSG) and NYSE (UBS). It has no owner above its public shareholders. It is in turn the parent of the former Credit Suisse businesses, which are being integrated and retired.

When was UBS founded?

UBS formed in 1998 through the merger of Union Bank of Switzerland (founded 1862) and Swiss Bank Corporation (founded 1872). The merged group unified under the UBS brand by 2000.

No individual founded modern UBS; it is a merger entity. Its predecessors were founded in Winterthur in 1862 (Union Bank of Switzerland, originally Bank in Winterthur) and Basel in 1872 (Swiss Bank Corporation).

What is UBS's market position?

UBS is the world's largest global wealth manager with more than $7 trillion in invested assets and Switzerland's dominant bank. It reported $7.8 billion in net profit for fiscal 2025 and is a designated global systemically important bank.

Has UBS had any controversies?

Yes. Major matters include the 2008-era $780 million U.S. tax settlement, a 2015 foreign exchange penalty, a French tax verdict carrying roughly €1.8 billion in penalties, and inherited Credit Suisse litigation. Proposed stricter Swiss capital rules for the enlarged bank are an active dispute in 2026.

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Who Owns UBS?

UBS is the flagship brand of UBS Group AG, a publicly traded Swiss banking group listed on the SIX Swiss Exchange under ticker UBSG and on the New York Stock Exchange as UBS. Formed by the 1998 merger of Union Bank of Switzerland and Swiss Bank Corporation, UBS is headquartered in Zurich and manages more than $7 trillion in invested assets following its 2023 acquisition of Credit Suisse.

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Parent Company

UBS Group AG

Founded

1998

Status

Publicly Traded

Headquarters

Zurich, Switzerland

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Who Owns UBS?

Parent Company: UBS Group AG
Ownership Type: Brand division
Company Type: Publicly Traded
Stock Ticker: SIX Swiss Exchange: UBSG

Brand	Parent Company	Ownership Type
UBS	UBS Group AG	Brand division

History of UBS

Founded: 1998
Founders: Union Bank of Switzerland and Swiss Bank Corporation (merger)

UBS was created in 1998 by the merger of Union Bank of Switzerland, founded in Winterthur in 1862, and Swiss Bank Corporation, founded in Basel in 1872. The combined entity took the UBS name, originally the initials of Union Bank of Switzerland, and the three-keys logo that Swiss Bank Corporation had used since the 1940s.

The merger created Europe's largest bank at the time. UBS spent the 2000s building a dominant global wealth management franchise while expanding its investment bank, a balance that proved dangerous in 2008. The financial crisis hit UBS harder than almost any European peer: the bank wrote down more than $50 billion on U.S. mortgage-related assets, required a Swiss government rescue, and faced a damaging U.S. tax evasion case that ended with a $780 million settlement and the surrender of American client names, a breach of Swiss banking secrecy traditions.

Under chief executives Oswald Grubel and then Sergio Ermotti, UBS shrank the investment bank dramatically, refocused on wealth management, and rebuilt capital. By the mid-2010s it had become the model of a capital-light, wealth-led universal bank, a structure competitors later tried to copy.

The defining event of the modern era came in March 2023, when Credit Suisse collapsed after a run of deposit outflows. Swiss authorities engineered a rescue acquisition by UBS over a single weekend at a price of 3 billion Swiss francs, with the legal merger completing in May 2024. The deal roughly doubled the bank and cemented its position as the world's largest wealth manager outside the United States. Integration has dominated the bank since: by the end of 2025, all non-Swiss client accounts and 85 percent of Swiss-booked accounts had migrated to UBS platforms, cumulative cost savings reached $10.7 billion, and the Credit Suisse legal entity was scheduled for full wind-down.

Fiscal 2025 results reflected the combined franchise at full strength: net profit of $7.8 billion, group invested assets above $7 trillion for the first time, and a 22 percent dividend increase. The bank confirmed its 2026 targets and set new ambitions for 2028.

About UBS Group AG

What does UBS Group own?

The group owns all UBS businesses across wealth management, Swiss retail banking, asset management, and investment banking, plus the integrated remnants of Credit Suisse. It operates under the single UBS brand and manages more than $7 trillion in invested assets.

Is UBS publicly traded?

Yes. UBS Group AG trades on the SIX Swiss Exchange under UBSG and on the New York Stock Exchange under UBS. Its shares are widely held by global institutional and retail investors.

Who founded UBS?

No individual founded modern UBS; it is a merger entity created in 1998. Its predecessors were Bank in Winterthur, founded 1862 (Union Bank of Switzerland), and Swiss Bank Corporation, founded 1872.

Where is UBS headquartered?

The group is headquartered in Zurich, Switzerland, at Bahnhofstrasse 45. It maintains major hubs in London, New York, Hong Kong, Singapore, and Krakow.

How many brands does UBS own?

UBS operates essentially one master brand across its divisions. The Credit Suisse brand is being retired as integration completes, leaving UBS as the sole consumer-facing name.