UBS Financial Services

Formerly known as UBS PaineWebber, UBS Financial Services is the result of the 2000 merger of Swiss banking colossus UBS and venerable brokerage PaineWebber. UBS later dropped PaineWebber from its name to present a single UBS corporate identity. The operating unit of UBS’s Global Wealth Management segment in the US, the company offers financial planning and investment products to individuals, while providing such services as employee stock benefit and deferred compensation plans to corporations. UBS Financial Services also provides access to the brokerage, investment banking, and asset management capabilities offered by other UBS units.

UBS to merge with PaineWebber was the top head-line for UBS in the year 2000. It was announced on July 12 and approved by an Extraordinary General Meeting of Shareholders of UBS on September 7 as well as a meeting of the shareholders of PaineWebber on October 23. On November 3, the merger was completed. The total cost of the transaction was 11. 8 billion USD. At that time, PaineWebber is the fourth largest private client firm in the US with 8554 brokers in 385 offices. PainWebber Overview Started by William A. Paine and Wallace G. Webber in 1880, PWJ;C’s activities expanded rapidly.

From 23 branch offices at the time of the merger, the firm grew to 30 offices in 1955 and to 45 offices ten years later. In 1963 PWJ&C’s head office moved from Boston to New York. Subsequent changes, mergers and acquisitions furnished the firm with a presence in fixed-income instruments (F. S. Smithers ; Co, 1973), a closed-end investment company (Abacus Fund, 1972), and an investment research and advisory function (Mitchell Hutchins, 1977). With the Abacus acquisition, the firm went public and two years later decided to form Paine Webber Inc as a holding company with PWJ;C as the core subsidiary.

By 1980 PWJ;C’s spread extended to 161 branch offices in 42 US states with six offices in Europe and Asia. PW had established a presence throughout America and its popular advertising slogan “Thank You, Paine Webber” made it well known beyond its substantial client base. A visible symbol of PW’s expansionary course followed in 1985 with the move from 140 Broadway to 1285 Avenue of the Americas. PW’s course of expansion was to continue into the year that it eventually merged with UBS.

Only months before UBS made its offer in July 2000, PW acquired J. C. Bradford & Co., a smaller brokerage firm. In 1879, PW had started with two partners and two employees. Today, over 19,000 employees, including 8,600 financial advisers, at Wealth Management USA look after the interests of UBS clients. UBS AG is one of the world’s leading financial firms, combining financial strength with a reputation for innovation and a global culture that embraces change. UBS is the world’s largest wealth manager, premier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking.

The Group’s principal activity is the provision of a range of global banking services. The Group operates through the following divisions: Wealth Management ; Business Banking (private and corporate clients and Swiss private banking services focusing on consumer banking products, lending for Swiss corporations, portfolio management and trust services for private banking clients); Warburg (investment banking and securities businesses, e. g. corporate finance, equities, fixed income and treasury products, private equity); PaineWebber (financial services in the USA); Global Asset Management (all group investment management businesses, e.

g. mutual funds, global asset management, institutional asset management) and Corporate Center (co-ordination of segments, risk management, financial reports, marketing, communication, etc. ). Key Numbers Key financials for UBS Financial Services Inc. Company Type Subsidiary of UBS Fiscal Year-End December 2004 Sales (mil. ) $4,499. 7 1-Year Sales Growth 7. 9% References: “UBS company profile” retrieved on December 4, 2006 from http://www. ubs. com/1/e/about/ourprofile. html “PaineWebber company profile and history” retrieved on December 4, 2006 from http://www. ubs. com/1/e/about/history. html

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with MyHomeworkGeeks
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Business and administrative studies
excellent job
Customer 452773, March 12th, 2023
I just need some minor alterations. Thanks.
Customer 452547, February 10th, 2021
Great job
Customer 452773, February 13th, 2023
Thank you!!! I received my order in record timing.
Customer 452551, February 9th, 2021
Impressive writing
Customer 452547, February 6th, 2021
Thank you!
Customer 452545, February 6th, 2021
Business and administrative studies
excellent paper
Customer 452773, March 3rd, 2023
Thank you for your hard work and help.
Customer 452773, February 13th, 2023
Don't really see any of sources I provided, but elsewise its great, thank you!
Customer 452697, May 8th, 2021
Business and administrative studies
Thank you for your hard work and help
Customer 452773, February 21st, 2023
English 101
IThank you
Customer 452631, April 6th, 2021
English 101
great summery in terms of the time given. it lacks a bit of clarity but otherwise perfect.
Customer 452747, June 9th, 2021
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Sometimes it is hard to do all the work on your own

Let us help you get a good grade on your paper. Get professional help and free up your time for more important courses. Let us handle your;

  • Dissertations and Thesis
  • Essays
  • All Assignments

  • Research papers
  • Terms Papers
  • Online Classes