UBS Switzerland AG was established in 2015 to improve the resolvability of UBS Group in response to regulatory requirements. UBS AG's Retail & Corporate and Wealth Management businesses in Switzerland were transferred to newly founded UBS Switzerland AG.
UBS Switzerland AG is the 3rd largest bank in Switzerland in terms of total assets. In 2019 its total assets were 285,01 bln CHF, providing the bank with the market share of 8.61%. UBS Switzerland AG is the 3rd largest big bank in Switzerland (out of 4 big banks) having market share of 18.50% amongst the banks of this category.
UBS Switzerland AG participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. UBS Switzerland AG is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
UBS Switzerland AG is a member of UBS (Switzerland).
UBS Switzerland AG is headquartered in Zürich.
UBS Switzerland AG is authorized and supervised by the Swiss Financial Market Supervisory Authority.