In December 2016 UBS combined most of its wealth management businesses in Europe into one legal entity, UBS Europe SE. The choice of Societas Europaea (SE) as the legal type for the new entity provides UBS with strategic flexibility.
UBS Europe SE is the 51st largest bank in Germany in terms of total assets. In 2017 its total assets were 17 790,19 mln EUR, providing the bank with the market share of 0.26%. In 2017 the bank's net income was 138,19 mln EUR.
UBS Europe SE participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100,000 EUR per bank per depositor.
UBS Europe SE is headquartered in Frankfurt Am Main.