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UBS AG
업종: Financial services
Number of terms: 25840
Number of blossaries: 0
Company Profile:
UBS AG, a financial services firm, provides wealth management, asset management, and investment banking services to private, corporate, and institutional clients worldwide.
One of Switzerland's big banks, created in 1998 from the merger of Union Bank of Switzerland (also UBS) and Swiss Bank Corporation (SBC).It is now a global financial services company with headquarters in both Basel and Zurich.It provides investment banking as well as asset and wealth management services and operates in more than 50 countries. It is also considered the world's second largest manager of private wealth assets. However in October 2012 it announced a planned %16 cut to its current workforce of 64,000 employees worldwide.This follows the loss of 39bn Swiss Francs during the global financial crisis which was the largest of any European banck at the time, and a further 2bn in 2011 due to the alleged illegal trading activities of a former employee, Kweku Adoboli, who as of October 2012 is still on trial.The job-cuts arrive amid UBS plans to reduce focus on its riskier trading business.
Industry:Banking
German government bond with a maturity of up to 30 years. The 10-year Bund serves as the benchmark for the German and other European bond markets.
Industry:Banking
An index that measures price performance in Switzerland, showing the extent to which the cost of living has become more or less expensive as a result of price changes but not of changes in consumer behaviour or in the quality of goods and services. See also consumer price index.
Industry:Banking
Abk. für persönliche Identifikationsnummer, auch genannt ungrammatically PIN-Nummer oder PIN-Code. Persönliche alphanumerischer Code für die elektronische Identifizierung eines Kunden mittels einer Kontokarte, z.B. um Bargeld von einem Geldautomaten abzuheben.
Industry:Banking
BVG
Swiss Federal Law on Occupational Retirement, Survivors' and Disability Pension Plans (in force since 1 January 1985). Legal framework comprising minimum standards for "second pillar" social security that are mandatory for all employees in Switzerland earning a certain income, as well as maximum standards governing occupational benefits. Execution of the provisions of this legislation is carried out by a pension fund, normally a foundation, which is entered in the BVG index. The banks offer a range of special services for implementing these norms, e.g. collective investments, pooled funds and the administration of termination benefits.
Industry:Banking
Bestandteil der Zahlungsbilanz zeigen alle Konten Forderungen und Verbindlichkeiten von einem Land in einem bestimmten Zeitraum infolge Außenhandel in waren und Dienstleistungen, Zahlungen, und Löhne und Kapitaleinkommen.
Industry:Banking
PIN
Abbr. for personal identification number, and also referred to ungrammatically as PIN number or PIN code. Personal alphanumeric code for the electronic identification of a customer using an account card, e.g. to withdraw cash from an ATM.
Industry:Banking
BVG
Swiss Federal Law on Occupational Retirement, Survivors' and Disability Pension Plans (in force since 1 January 1985). Legal framework comprising minimum standards for "second pillar" social security that are mandatory for all employees in Switzerland earning a certain income, as well as maximum standards governing occupational benefits. Execution of the provisions of this legislation is carried out by a pension fund, normally a foundation, which is entered in the BVG index. The banks offer a range of special services for implementing these norms, e.g. collective investments, pooled funds and the administration of termination benefits.
Industry:Banking
Part of the balance of payments showing all accounts receivable and payable by a country over a given period as a result of foreign trade in goods and services, transfer payments, and wages and capital income.
Industry:Banking
SRI-Ansatz, der in führenden Unternehmen im Hinblick auf Umwelt-, Sozial- oder Governance-Kriterien investiert. Der Schwerpunkt liegt auf Strategien, Prozesse und Produkte eines Unternehmens wie finanziellen Erfolg, Umwelt und Gesellschaft auswirken. Formen von positivem sind: Best-in-Class-Ansatz, thematisches Konzept
Industry:Banking