In January 2010, UBS issued a new code of conduct and In 2011, UBS expanded its global compliance database to include information on environmental and social issues provided by In October 2019, UBS joined UN's Global Investors for Sustainable Development Alliance (GISD).UBS has been an early adopter regarding the use of In August 2016, UBS announced that it will team up with In 2018, UBS digitally cloned Daniel Kalt, one of its chief economists. UBS, through Swiss Bank Corporation, traces its history to 1854 when six private banking firms in SBC subsequently experienced a period of growth, which was only interrupted by the onset of Two years later, in 1997, SBC paid US$600 million to acquire The Union Bank of Switzerland emerged in 1912 when the The combined bank had total assets of CHF 202 million and a total The activities of the Union Bank of Switzerland during Shortly after the end of World War II, Union Bank of Switzerland completed the By the 1980s, Union Bank of Switzerland established a position as a leading European underwriter of During the mid-1990s, Union Bank of Switzerland came under fire from dissident shareholders critical of its conservative management and lower return on equity.Colloquially referred to as the "New UBS" to distinguish itself from the former Union Bank of Switzerland, the combined bank became the second largest in the world at the time, behind only the In response to the growing series of problems at UBS, and possibly his role in spearheading Costas' departure from the bank, By this point, UBS's total losses in the mortgage market were in excess of US$37 billion, the largest such losses of any of its peers.The Swiss government sold its CHF 6 billion stake in UBS in late 2008 at a large profit; Switzerland had purchased convertible notes in 2008 to help UBS clear its balance sheets of toxic assets.In August 2010, UBS launched a new advertising campaign featuring the slogan: "We will not rest" and signed a global sponsorship agreement with On 15 September 2011, UBS became aware of a massive loss, originally estimated at US$2 billion, allegedly due to unauthorized trading by On 30 October 2012, UBS announced that it was cutting 10,000 jobs worldwide in an effort to slim down its investment banking operations, of which 2,500 would be in As it exists today, UBS represents a conglomeration of dozens of individual firms, many of which date back to the 19th century. Over the years, these firms merged to form the bank's three major predecessors, UBS announced that CEO Sergio Ermotti will step down in November 2020 to be replaced by Ralph Hamers, the current head of Dutch financial services group ING.As disclosed under the Swiss Stock exchange Act, the most significant shareholders of UBS are Additionally, the UBS Group AG disclosed shareholders registered in their share register with 3% or more of shares issued. UBS's cultural sponsorships are typically related to classical music and contemporary art, although the company also sponsors a range of This article is about the investment bank and financial services company. So one of the key stakeholders in that meeting declined to attend the meeting and another colleague emailed everyone that xyz is ubs today so we won't be having the meeting. Its logo of three keys, carried over from SBC, stand… What does the acronym UBS stands for? Although the merged company's new name was originally supposed to be the "United Bank of Switzerland," the officials 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. UBS is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms UBS is listed in the World's largest and most authoritative dictionary database of abbreviations and acronyms What does ubs mean in that context?
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