Full List Banks members SWIFT/BIC in Switzerland



Switzerland: A little country. A great financial centre.



P.O. Box
8098 Zurich


Website: www.ubs.com

UBS AG (SIX: UBSN, NYSE: UBS) is a diversified global financial services company, with its main headquarters in Basel and Zürich, Switzerland. It is the world's second largest manager of private wealth assets, and is also the second-largest bank in Europe, by both market capitalisation and profitability. UBS has a major presence in the United States, with its American headquarters located in New York City (Investment banking); Weehawken, New Jersey (Private Wealth Management); and Stamford, Connecticut (Capital markets). UBS's retail offices are located throughout the U.S., and in over 50 other countries. UBS is an abbreviation, which originated from a predecessor firm, for the Union Bank of Switzerland; however, UBS ceased to be considered a representational abbreviation after its 1998 merger with Swiss Bank Corporation.

UBS is present in all major financial centers worldwide. It has offices in over 50 countries, with about 38% of its employees working in the Americas, 34% in Switzerland, 15% in the rest of Europe and 13% in Asia Pacific. UBS's global business groups are wealth management, investment banking, and asset management. Additionally, UBS is the leading provider of retail banking and commercial banking services in Switzerland, as of 2009. Overall invested assets are 3.265 trillion Swiss francs (CHF), shareholders' equity is 47.850 billion CHF and market capitalization is 151.203 billion CHF by the end of 2Q 2007.

In 2007, after incurring huge losses, UBS was forced to turn to the Government of Singapore for fresh funding. Since then, the largest shareholder of UBS is Government of Singapore Investment Corporation. In November 2008, following further dramatic losses, UBS managers pledged to return bonuses. UBS shareholders voted to accept financial aid from the Swiss government, to restore the shaken trust in UBS.

In some ways, UBS has evolved on a similar path to its cross-town rival Credit Suisse. Both are Swiss commercial and retail banks which bought major U.S. investment banks and both are currently being investigated by U.S. authorities for allegedly helping 17,000 American citizens to evade taxes. In an unprecedented move on 18 February 2009, UBS, based on an order by the Swiss Financial Market Supervisory Authority (FINMA), has agreed to immediately provide the United States government with the identities of, and account information for, about 250 American clients and to pay US$780 million in fines and restitution.

UBS issued on Tuesday, January 13, 2010, a new code of conduct and business ethics which all employees are asked to sign. The code addresses issues such as financial crime, competition, confidentiality, as well as human rights and environmental issues. The eight-page code also lays out potential sanctions against employees who violate it, including warnings, demotions or dismissal. According to Kaspar Villiger, Chairman of the Board and Oswald J. Grübel, Group CEO, the code is "an integral part of changing the way UBS conducts business"


The UBS U.S. headquarters in New York City houses an art gallery
UBS headquarters in London, Liverpool Street 100UBS was the result of the merger of the Union Bank of Switzerland and the Swiss Bank Corporation (SBC) in June 1998. Although the merged company's new name was originally supposed to be the "United Bank of Switzerland," officials opted to call it simply "UBS" because of a name clash with United Bank Switzerland - a part of the United Bank Limited's Swiss subsidiary. UBS is no longer an acronym but is the company's brand, like 3M. Its logo of three keys, carried over from SBC, stands for confidence, security, and discretion.

Prior to the merger, SBC had built a global investment banking business through its acquisitions of Dillon Read in New York and S.G. Warburg in London. The first chairman of the merged bank had to step down in October 1998 due to the Long-Term Capital Management crisis, which affected the Union Bank of Switzerland. In 2000, UBS acquired PaineWebber Group Inc. to become the world's largest wealth management firm for private clients.. Invested assets in all wealth management businesses, including the U.S., total CHF 3.265 trillion..

On 9 June 2003, all UBS business groups rebranded under the UBS name as the company began operating as one large firm. UBS Paine Webber, UBS Warburg, UBS Asset Management, and others became simply "UBS".. As a result of the rebranding, UBS took a $1B writedown for the loss of goodwill associated with the retirement of the Paine Webber brand..

Swiss bank UBS AG reported on 1 April 2008 that it expected to post net losses of 12 billion Swiss francs (US$12.1 billion) for the first quarter of 2008 and would seek 15 billion Swiss francs (US$15.1 billion) in new capital. UBS, hard hit by the U.S. Subprime mortgage crisis, also said it sees losses and writedowns of approximately US$19 billion on U.S. real estate and related credit positions. In April 2008 UBS's long term credit ratings were cut to AA- by Fitch Ratings and Standard & Poor's, and Aa1 by Moody's..

On 16 October 2008, UBS announced they had CHF 6 billion of new capital through mandatory convertible notes, fully placed with Swiss Confederation. The SNB (Swiss National Bank) and UBS made an agreement to transfer approximately USD 60 billion of currently illiquid securities and various assets from UBS to a separate fund entity.

On 4 November UBS announced that their third quarter Group net profit was in line with their 16 October pre announcement, with net profit attributable to UBS shareholders standing at CHF 296 million..

This quarter was affected by a further CHF 4.8 billon of write-downs and losses on risk positions, gain on own credit of CHF 2.2m and a tax credit of over CHF 900m.

UBS announced on 12 November 2008 that from 2009 no more than one-third of any cash bonus would be paid out in the year it is earned with the rest held in reserve. Share incentives would also vest after three years, and top executives would have to hold 75% of any vested shares, with share bonus accounts subject to “malus” charges..

It was also confirmed UBS chairman Peter Kurer would no longer have any extra variable compensation – just a cash salary and a fixed allotment of shares, which cannot be sold for four years. This aligned the chairman’s rewards with group performance while minimising risk. UBS also said that Kurer hoped that others would follow his lead. It was possible that regulators and influential groups such as the Financial Stability Forum would help his cause.

In November 2008, UBS put $6 billion of equity into the new “bad bank” entity, keeping only an option to benefit if the value of its assets were to recover. Heralded as a “neat” package by the NY Times, the UBS structure guaranteed clarity for UBS investors by making an outright sale.

On Friday, 30 January 2009, SNB Chairman Jean-Pierre Roth, the head of the Swiss National Bank, was quoted on Reuters as saying that UBS and Credit Suisse are the two best capitalised banks in the world.

On Monday, 9 February 2009, UBS announced that it lost nearly 20 billion Swiss francs (US$17.2 billion) in 2008, the biggest single-year loss in the history of Switzerland.

On Tuesday, 10 February 2009, UBS confirmed the Board of Directors and the Group Executive Board's commitment to each of the UBS business divisions and strategy. Despite difficult market conditions, it was stated that UBS has made substantial progress in adjusting its operations and has prepared itself for the new market environment, with a "substantial reduction" in risk positions during the fourth quarter.

UBS is resolving investigations relating to its US cross-border business by entering into a deferred prosecution agreement with the US Department of Justice and a Consent Order with the US Securities and Exchange Commission. Of the $780 million that UBS will pay, $380 million represents disgorgement of profits from its cross-border business. The remainder represents United States taxes that UBS failed to withhold on the accounts. The figures include interest, penalties and restitution for unpaid taxes. As part of the deal, UBS also entered into a consent order with the Securities and Exchange Commission in which it agreed to charges of having acted as an unregistered broker-dealer and investment adviser for Americans.

On March 11, 2009 UBS AG posted a revised FY 2008 reported 20.9 billion CHF ($18 billion) loss.It was reported UBS was “extremely cautious” about the outlook for 2009.

At the Annual General Meeting on April 15, 2009, UBS announced it was planning to cut 8,700 jobs on its return to profitability. Due to the global financial crisis, UBS has had to make about $50bn in write-downs and announce 11,000 job cuts since 2007.

On April 21, UBS announced that it has agreed to sell its Brazilian financial services business, UBS Pactual, for approximately USD 2.5 billion to BTG Investments. The sale of the Brazilian business is in line with UBS’s other measures aiming to reduce its risk profile and to become more profitable.

On Monday April 27, the head of the investment bank division Jerker Johansson resigned with immediate effect. He was replaced by Alexander Wilmot-Sitwell and Carsten Kengeter as Co-CEOs of the investment bank branch.

On May 1, 2009, UBS formally cut ties to private banker Raoul Weil, who faces U.S. federal grand jury charges. In November 2008, Raoul had been suspended after he was indicted in correlation to the tax evasion affair.

On May 5, 2009, UBS confirmed a first quarter net loss of two billion Swiss francs ($1.75 billion), which was less than initially expected.

On May 20, 2009, UBS restated its 2008 annual report. The bank announced a further reduction in net profit of CHF 450 million, and reduction in equity and equity attributable to UBS shareholders of CHF 269 million.

On June 25, 2009, UBS announced the appointment of Chi-Won Yoon as Chairman & CEO of Asia Pacific succeeding Rory Tapner, who is leaving the bank after 25 years.

Taking advantage of current market conditions, UBS strengthened its capital base by placing 293.3 million shares from existing authorized capital. The shares were placed with a small number of large institutional investors. UBS claims that this capital raising aims at strengthening confidence in UBS and the Swiss financial center, which is consistent with the view of the regulators.

On August 4, 2009, UBS announced a second quarter loss of CHF 1.4 billion ($1.32 billion).

On August 20, 2009, the Swiss government announced it was selling its CHF 6 billion stake in UBS, making a significant profit; it had purchased 332.2 million mandantory convertible notes in 2008 to help UBS clear its balance sheets of toxic assets.

On September 29, 2009, UBS announced that two directors, Sergio Marchionne and Peter Voser will not stand for re-election to the board at the general assembly in April.

On November 3, 2009, UBS announced a third quarter net loss of CHF 564 million. After adjusting the pre-tax loss for three substantial accounting charges totaling CHF 2,150 million, the underlying pre-tax profit was CHF 1,557 million, a further improvement compared with the prior quarter. The improvement in underlying Group profitability was driven by better performance in the Investment Bank's fixed income, currencies and commodities business.

The UBS Investor Day 2009 took place on 17 November 2009. UBS CEO Oswald Grübel addressed key shareholders stating, “We are building a new UBS, one that performs to the highest standards and behaves with integrity and honesty; one that distinguishes itself not only through the clarity and reliability of the advice and services it provides but in how it manages and executes." Switzerland’s largest bank plans to reach pretax profit of 15 billion Swiss francs, or $14.9 billion, and a return on equity — a measure of profitability — of 15 percent to 20 percent sometime between 2012 and 2014. The bank said it would stick to its business model of providing wealth management, investment banking and asset management services and would focus on the “integrity” of its operations.

On 24 November 2009, UBS said that a report issued by Standard & Poor's isn't representative of the bank's capital position in relation to its peers. UBS said the bank's risk-adjusted capital ratio, or RAC, is estimated to be 7.1%, and not the 2.2% reported by S&P. The bank issued the following statement, "Their report shows a RAC as of 30 June 2009 which does not take into account two important components of UBS' capital; the 6 billion Swiss francs [$5.9 billion] mandatory convertible notes (MCNs) fully converted in August 2009 and the CHF13 billion MCNs due to convert by March 2010."

In November 2009, UBS ranked No. 1 in Switzerland, and No.2 globally in the Lundquist CSR Online Awards 2009. The award is given for demonstrating best online CSR communications.

On February 2, 2010, UBS topped the charts for the ninth year in a row in Institutional Investor's annual ranking of developed Europe's most highly regarded equity analysts. In a year of extremes for the equity markets, money managers say that no firm did a better job than UBS of keeping them informed about which European sectors, countries and industries offered the greatest potential.

On 9 February 2010, UBS reported a 2009 fourth quarter profit of CHF 1,025 million, with all business divisions also reporting a pre-tax profit in fourth quarter 2009. UBS CEO Grübel says UBS is delivering on its plan to build a new UBS, as demonstrated by its return to profitability and strengthened capitalization.

On Monday 15 March 2010, UBS released the bank's FY 2009 Annual Report. UBS recorded a net loss attributable to shareholders of CHF 2,736 million, a considerable reduction to the prior year. UBS returned to profitability in the fourth quarter. Wealth Management & Swiss Bank, Global Asset Management and Wealth Management Americas contributed positively to the overall result. UBS's strategic priorities for 2010 will be to; (i) further strengthen its position as a leading bank for high net worth and ultra high net worth clients around the world; (ii) continue to be a leading firm across all client segments in Switzerland, and (iii) be a top tier bank in growth regions where they choose to operate. Two key methods the bank aims to achieve this is by re-fousing the business portfolio and transforming they way they operate.

On March 26, 2010, UBS announced the appointment of Lukas Gähwiler as CEO of UBS Switzerland and co-CEO of Wealth Management & Swiss Bank. Lukas Gähwiler will begin his role at UBS on April 1, 2010 and will also become a member of the Group Executive Board.[42]

On April 12, 2010 UBS announced that it expects to report a profit before tax of at least CHF 2.5 billion for first quarter 2010.[43]

On April 29, 2010 UBS announced that it is buying Brazilian brokerage Link Investimentos for $112million, a move that will help the bank beef up its wealth and asset management businesses in the region.[44]

On May 4, UBS Investment Bank was voted the Leading Pan-European Brokerage firm for Equity and Equity Linked Research for a record tenth successive year.The Thomson Reuters Extel Survey ranked UBS number one in all three of the key disciplines of research: Research (tenth year); Sales (ninth year running) and Equity Trading and Execution (up from second place in 2009). This year UBS was also named as the number one Leading Pan-European Brokerage Firm for Economics and Strategy research. [45]

On May 5, 2010 UBS AG reported a first-quarter net profit of 2.2 billion Swiss francs ($2 billion) on a strong performance by its trading division, lower costs and fewer customer withdrawals.[46]

On June 10, UBS Investment Bank was voted the Leading Pan-European Brokerage firm for Equity and Equity Linked Research for a record tenth successive year.The Thomson Reuters Extel Survey ranked UBS number one in all three of the key disciplines of research: Research (tenth year); Sales (ninth year running) and Equity Trading and Execution (up from second place in 2009). This year UBS was also named as the number one Leading Pan-European Brokerage Firm for Economics and Strategy research. [47]

On June 17, UBS welcomed Swiss lawmakers approved deal to reveal U.S. clients data and account details, suspected of tax evasion.

UBS was named one of the 100 Best Companies for Working Mothers living in the U.S. in 2006 for the fourth consecutive year[53] by U.S. based Working Mother magazine. It is a member of the Stonewall Diversity Champions scheme and has active Gay and Lesbian, ethnic minority, and women's networking groups. UBS was included on Business Week's The Best Places to Launch a Career 2008, and ranked #96 out of the 119 total companies listed


Source http://www.swift-switzerland.ch


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This is a list of SWIFT codes. SWIFT codes are designated to banks in countries around the world by SWIFT, to assist in electronic banking affairs. There are over 7,500 "live" codes (for partners actively connected to the BIC network) and an estimated 10,000 additional BIC codes which can be used for manual transactions. ISO 9362 (also known as SWIFT or BIC code) is a standard format of Bank Identifier Codes approved by the International Organization for Standardization.


List of SWIFT Codes Worldwide


List of correspondent Banks networks worldwide with SWIFT CODE



Aargauische Kantonalbank - Arab Bank (Switzerland) Ltd. - Banca Arner S.A. - Banca Commerciale Lugano - Banca del Ceresio S.A. - Banca del Sempione SA - Banca dello Stato del Cantone Ticino - Banca Privata Edmond de Rothschild - Bank Coop AG - Bank EKI Genossenschaft - Bank for International Settlements - Bank Hugo Kahn & Co. AG - Bank J. Safra (Switzerland) Ltd. - Bank Julius Bär & Co. AG - Bank Leumi (Schweiz)AG -Bank Morgan Stanley AG - Bank Sal. Oppenheim jr. & Cie. - Bank Sarasin & Cie AG - Bank Vontobel AG - Banque Algérienne du Comm. Exterieur - Banque Audi (Suisse) S.A. - Banque Cantonale de Fribourg - Banque Cantonale de Genève - Banque Cantonale du Valais - Banque Cantonale Neuchâteloise - Banque Cantonale Vaudoise - Banque Cramer & Cie SA - Banque de Commerce & Placements SA - Banque de Dépots et de Gestion SA - Banque de Patrimoines Privés - Banque Heritage - Banque Morval SA - Banque Pasche SA - Banque Privée Edmond de Rothschild - Banque Safdié SA - Banque SCS Alliance SA -Basellandschaftliche Kantonalbank - Basler Kantonalbank - Baumann & Cie - Berner Kantonalbank - Bipielle Bank (Suisse) - BNP Paribas (Suisse) S.A. - BSI SA - C.I.M. Banque - Capital International S.A. - Centrum Bank AG - Corner Banca S.A. - Credit Europe Bank (Suisse) AG - Credit Suisse - Dreyfus Söhne & Cie AG - DZ Privatbank (Schweiz) AG - EFG Bank European Finance Group - Entris Banking AG - Falcon Private Bank Ltd. - Finter Bank Zürich - Graubündner Kantonalbank - Habib Bank AG Zürich - HSBC Private Bank (Suisse) SA - Hyposwiss Private Bank Genève SA - InCore Bank AG - Intesa Sanpaolo Private Bank (Suisse)SA - J&T Bank Schweiz AG - KBL (Switzerland) Ltd - La Roche & Co. Banquiers - Landolt & Cie - LGT Bank in Liechtenstein AG - Liechtensteinische Landesbank AG - Lombard, Odier Darier Hentsch & Cie. - Luzerner Kantonalbank - Mercantil Bank (Schweiz) AG - Migros Bank - Mirabaud & Cie Banquiers Privés - NBAD Private Bank (Suisse) SA - Nidwaldner Kantonalbank - Obwaldner Kantonalbank - Pictet & Cie - PKB Privatbank SA - Rahn & Bodmer Co. - Raiffeisen Bank (Liechtenstein) AG - Raiffeisen Schweiz Genossenschaft - RBS Coutts Bank AG - Rothschild Bank AG - Schaffhauser Kantonalbank - Schroder & Co. Bank AG - Schweiz Nationalbank - Schwyzer Kantonalbank - SG Private Banking (Suisse) SA - SIX SIS AG - SIX x-clear AG - SLB Commercial Bank AG - Spar- und Leihkasse Frutigen AG - St. Galler Kantonalbank - Swissquote Bank SA - Syz & Co Bank & Trust Ltd. - Thurgauer Kantonalbank - Timber Hill (Europe) AG - UBS AG - Union Bancaire Privée UBP - Valiant Bank - Valiant Privatbank AG - Verwaltungs- und Privat-Bank AG - Wegelin & Co. Privatbankiers - Zuger Kantonalbank - Zürcher Kantonalbank



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