|Key People||) Axel A. Weber (Chairman) | Sergio Ermotti (CEO) | Martin Blessing (Co-President)|
|Headquarters:||Zurich, Switzerland and Basel, Switzerland|
|☎ Telephone number:||1-800-354-9103|
|Number of employees:||66,888|
|Number of locations:||More than 400 locations in the United States|
|ATM locator||Find here|
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UBS Bank: Introduction
UBS Group AG, widely known as simply UBS, appears to be a Swiss investment and financial services bank. The bank was founded back in 1862, and it was known as Union Bank of Switzerland during the period between 1862 and 1998. Currently, UBS appears to be one of the largest banks in the world.
As of the present time, UBS employs almost 67,000 workers, while the bank has two headquarters: in Zurich and Basel, both in Switzerland. The bank provides financial services in all fields of finance, including retail banking, corporate banking, asset management, investment management, private banking, wealth management, and investment banking.
UBS Bank Review
UBS Bank, despite being a bank with foreign capital, is in many regards similar to other large financial corporations in the U.S., such as Bank of America. Though, it is worth to point out that it has a much lower number of branches and ATMs – though, it is rather expected, as the U.S. is not a core market for UBS.
Among the advantages of UBS Bank, one may definitely mention its strong financial health and a wide array of financial products on offer. One may consider opening a savings account at UBS, as it comes with very low initial deposit requirements while charging no monthly fee. Yet, don’t expect to earn high yields on that money.
There are the following pros of UBS Bank:
- A large number of ATMs and branches in the United States.
- The bank has a good financial health.
- A wide array of financial services on offer.
- No monthly fees on savings accounts.
Yet, there are also disadvantages of this bank:
- Low return on savings and checking accounts, which is usual among traditional U.S. banks.
- The customer service doesn’t tend to be of a good quality.
Apart from this page with extensive info about UBS Bank in the US, you can also find a comprehensive, actionable guide to UBS online banking. In order to view it, check the UBS Login page.