Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back

UBS Group AG is the largest Swiss financial holding providing a wide range of financial services worldwide.

Reducing Activities: company scaling back some business operations while continuing others

Wait Scaling Back
Glob.Revenue, mln.USD
35502
The Company Statement
December 30, 2022

Suspend new business in Russia and reduce current exposure by helping clients unwind Russia securities; reducing Russian client services; passed back the license of the depositary activity

July 27, 2022UBS Retreats From Russia in Small Steps
April 16, 2022All Russians "semi-sanctioned" as UBS takes conservative approach-CEO
March 29, 2022UBS’s Weber: No New Business in Russia, Winding Down Trades
April 19, 2022European banks stop managing clients' money from Russia
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