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UBS AG Jan 04 Product Image

UBS AG Jan 04

  • ID: 1751485
  • January 2004
  • Standard & Poors

FEATURED COMPANIES

  • UBS AG
  • UBS AG (Jersey Branch)
  • UBS AG (NY Branch)
  • UBS Australia Ltd.
  • UBS Bank (Canada)
  • UBS Loan Finance LLC
  • MORE

Abstract
Strong franchise in the major group businesses; Effective diversification among these operations; Astute risk management in volatile financial markets; Good profitability; and Commitment to strong, high quality regulatory capital. High investment bank dependence on secondary equity markets; Under-representation in onshore wealth management; and Limited growth prospects in Swiss domestic banking. The ratings on Switzerland-based UBS AG reflect the bank's strong market positions and franchises across a wide range of private banking and international securities activities. These support solid profitability, robust capitalization, and excellent liquidity. Although two of UBS' three major businesses--private banking and investment banking--are sensitive to conditions in the securities markets, these businesses have been conservatively managed, which has been important in sustaining profitability. In addition, Swiss domestic banking...

Companies mentioned in this report are:
- UBS AG
- UBS AG (NY Branch)
- UBS Advisory and Capital Markets Australia Ltd.
- UBS Finance (Cayman Islands) Ltd.
- UBS Australia Ltd.
- UBS AG (Jersey Branch)
- UBS Securities READ MORE >

- UBS AG
- UBS AG (NY Branch)
- UBS Advisory and Capital Markets Australia Ltd.
- UBS Finance (Cayman Islands) Ltd.
- UBS Australia Ltd.
- UBS AG (Jersey Branch)
- UBS Securities LLC
- UBS Preferred Funding Trust I
- UBS Bank (Canada)
- UBS Ltd.
- UBS Loan Finance LLC

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