$UBS UBS Group AG Deep Dive and 2024 Outlook

The investment bank is still recovering

UBS Group AG, founded on June 29, 1998, through the merger of Union Bank of Switzerland and Swiss Bank Corporation, is a leading multinational investment bank and financial services company headquartered in Zurich and Basel, Switzerland. It operates globally across over 50 countries, employing over 115,000 staff and managing approximately $3.85 trillion in assets.

UBS offers a diverse range of financial services, categorized into divisions:

• Global Wealth Management: Focused on high-net-worth individuals, providing tailored investment solutions and financial planning.

• Investment Bank: Offers advisory services, access to capital markets, and research across various asset classes.

• Asset Management: Manages investments for institutions and individuals, focusing on both traditional and alternative assets.

• Personal & Corporate Banking: Provides retail banking services, including savings accounts, mortgages, and corporate banking solutions.