Zurich/Basel, 5 March 2021 – The Annual Report 2020 provides comprehensive and detailed information on the firm, its strategy, business, governance and compensation, financial performance and risk, treasury and capital management, as well as on the regulatory and operating environment for the 2020 financial year.
It presents the fully audited results for the year ending 31 December 2020. UBS’s net profit attributable to shareholders for 2020 was USD 6,557 million and diluted earnings per share were USD 1.77, compared with unaudited net profit of USD 6,629 million published on 26 January 2021.
The Annual Report and associated disclosures are available at ubs.com/annualreporting. The Annual Report 2020 is filed with the US Securities and Exchange Commission on Form
Articles by UBS Media Releases
UBS Multibanking available to corporate clients throughout Switzerland
February 1, 2021Zurich, 1 February 2021 – UBS has successfully completed the pilot phase of its new multibanking function and is now gradually rolling out the offering across Switzerland. UBS Multibanking will now also give SMEs full transparency over all their accounts and allow them to execute payments debited from accounts with third-party banks directly in UBS E-Banking. UBS is the first and so far the only Swiss bank to offer such a comprehensive payment function.
Andy Kollegger, Head Corporate & Institutional Clients International: “We have purposefully pushed forward the development of UBS Multibanking with selected clients. The result speaks for itself: we are the first bank in Switzerland to enable all corporate clients to make direct payments debited from accounts with
Change to the UBS Board of Directors
January 18, 2021Zurich/Basel, 15 January 2021 – The UBS Board of Directors announced today that Beatrice Weder di Mauro is not standing for re-election to the Board of Directors of UBS Group AG and UBS AG. She has informed the Board of her decision to step down after serving since 2012.
UBS Chairman Axel A. Weber: “We will miss Beatrice’s experience and expertise in international economic and financial matters. She has consistently provided important insight to the Board and to me personally. Over the last year, she has increasingly been called upon to advise international government institutions on the economic crisis resulting from COVID-19. We thank Beatrice for her nine years of invaluable collaboration, work and outstanding service and wish her all the best for her future