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Development Merger(合并) In 1997 Union Bank of Switzerland (UBS) In 1997 Total assets(资产): 1016000000000 Swiss Franc Merged reason Domestic: Credit Suisse Group and National Bank were merged so that both of the two companies had lost their position in the Swiss banking industry. International: Many banks have been completed or ongoing mergers and acquisitions. In the face of internal and external competitive pressures, the Union Bank of Switzerland and Swiss Bank Corporation to select the appropriate acquisitions to become a necessity. Business restructuring 1999 exit the insurance(保险) industry increase investment in private banking and asset management business 2000 contraction of the business of the Swiss local business to expand the U.S. market 2001 acquisition(收购) of PaineWebber 2003-2004 Increase investment in the business of private banking and asset management 2005.6 announced that all business to adopt a unified brand(统一品牌) strategy Social impact UBS 2001-2005 ranked in accordance with the asset size has been ranked the worlds top 10. Its ranking continues to move forward for four years. And finally in 2005 got into the top spot in global banking. Compared with other banks, its expansion depends on the growth of the business. Comparison in operating income(营业收入) * * Swiss Bank Corporation (SBC) UBS (UBS AG) Europes biggest bank The worlds 4th largest bank Staff(员工): 27611 Branch(分行):357 (distributed in over 50 countries around the world ) 瑞士 法郎 33,000,000,000 38,000,000,000 2005.1~3 25,000,000,000 33,000,000,000 2001 33,000,000,000 37,000,000,000 2000 22,000,000,000 22,000,000,000 1998 Credit Suisse Group UBS (UBS AG)
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