Our Communications and Marketing team promotes and manages the reputation of UBS Investment Bank. Working closely with colleagues across the whole of UBS globally, it also communicates corporate activity and helps market products and services to clients.
 
The Communications and Marketing department comprises professionals working in the following specialist areas: Advertising, Business Marketing, Corporate Responsibility, Event Marketing, Internal Communications, Media Relations, Sponsorship.
 
Although our teams have different roles and responsibilities, they work closely together and speak with a single voice. The department plays a vital role in the strategy of the business and is primarily responsible for the way UBS Investment Bank is perceived – both internally and externally.
 
Our brand is very valuable to us and we strive to ensure it is always positioned appropriately whether we are talking to the press, marketing a new financial product, sponsoring an event or organizing a roadshow. We know from research and external coverage, that we have been successful in this respect, and that UBS’s Investment Banking franchise goes from strength to strength.

Corporate Administrative Services (CAS) is a critical function of UBS Investment Bank, providing a range of essential services for management and employees to ensure that they are able to work effectively.
 
We manage and maintain the fabric and structure of our buildings as well as providing a full range of support services from meeting rooms to multi-media graphics through to mobile phones and mail delivery. One of our key functions is to offer a sourcing service to many internal departments, notably IT.
 
Whatever the offering, we work hard to understand the needs of our employees and provide them with solutions that are appropriate, efficient, reliable and cost-effective. We value innovation and pride ourselves on our high standards of service delivery, which helps UBS Investment Bank run smoothly for clients.
 
CAS also manages the Bank’s environmental management system outside of Switzerland, and is proud of having attained an ISO14001 accreditation.

At UBS Investment Bank, we have a firm commitment to Risk Control, which is an integral part of our business.

Good risk management and control lie at the heart of banking and risk control is an area where UBS has a reputation for excellence. Our overriding goal is not to minimize risk but rather to achieve an appropriate balance between risk and return.

At UBS, the front office is responsible for the continuous and active management of the primary risk exposures – market credit and liquidity/funding risk. Independent Risk Control functions check on these risk-taking activities to safeguard the integrity of the entire risk management process. This comprises two functions - one headed by the Chief Risk Officer (CRO) and one by a Chief Credit Officer (CCO). The CCO is responsible for credit risk control including country and settlement risk, whilst the CRO is responsible for market risk control and for overseeing the completeness and effectiveness of the operational risk framework.

Both these functions focus on identifying, analyzing, assessing, measuring, controlling and reporting risk. There are also more specialist functions responsible for, amongst other things, quantitative risk measurement/model assessment, risk systems, centralized reporting and risk policy.

We take a holistic and integrated approach to risk control through close cooperation and communication between the risk control, legal, compliance, finance, planning, treasury and logistics functions, across the whole of UBS.

UBS is a premier equities house with the number 1 global secondary cash market share. Our research product is paramount as evidenced by our top 3 ranking in every region.

We meet our Equities clients’ needs through the following equity products: cash, derivatives, Equity Capital Markets, equity linked, exchange-traded-derivatives, prime brokerage, proprietary trading, and research.

Our trading ideas are driven by the insight of one of the world’s finest research departments that comprises the largest team of equity analysts of any firm. Our powerful global distribution engine is second to none and our experienced team of traders work in partnership with clients to provide liquidity, speed, accuracy and discretion in executing orders in all major world markets.

We use best in class technology to empower our clients and our teams. Clients have access to superior execution strategies and direct market access globally. In addition we invest in technology for our staff so they can concentrate their efforts on value-added services rather than processing tasks.

UBS consistently brings high quality deals to market with a momentum that reaches across the regions, including the US where we are expanding our market share through the acquisition of the Charles Schwab Capital Markets business. Our investment in hedge fund services, through the ABN Amro Prime Brokerage acquisition, has exceeded expectations ranking us among the top five prime brokers in the world.

Among a clutch of recent awards, Euromoney named us ‘Best Global Equity House’ in 2004 for the second year running.

UBS Investment Bank has a robust Financial Control function that provides both the rigorous control environment and also the essential support required by our complex and dynamic global business.

The Financial Control Department at UBS Investment Bank is organised via a matrix of regional and global functions. Regional Controllers ensure the accuracy and integrity of our legal entity accounts and that all accounting, legal, tax and regulatory requirements are met. Global Business Unit Controllers are business aligned to provide product, valuation and accounting control as well as value-added management information and decision support. Taken together, they ensure that standards, policies and procedures are applied efficiently and effectively across the Investment Bank.

Specialist global functions such as Global Reporting and Capital further strengthen this matrix. These provide reporting, analysis and planning to help our businesses achieve their strategic aims whilst effectively managing risk, which together with a significant and dedicated change capability ensures that the organisation can enhance and leverage its global infrastructure platform.

The role of the Legal & Compliance (L&C) Department is to address levels of legal, liability and compliance/regulatory risk.
 
The Legal team supports the business activities of the Investment Bank and controls risk by advising on transaction structures and related legal, regulatory and reputational considerations and by drafting, reviewing and negotiating transactions. The Department also handles litigation, regulatory investigations and employment law matters and advises management on legal concerns associated with business structure, process, and intellectual property.
 
The Compliance team preserves the firm’s reputation and facilitates its business activities by providing advice on compliance with applicable laws, regulations, rules and corporate policies, and high ethical standards. UBS Investment Bank Compliance proactively supports senior management by providing advice, education and monitoring across the entire range of investment banking businesses, control and operational functions. In addition, Compliance provides leadership on key global initiatives, the handling of complex regulatory and internal investigations and examinations.

UBS has one of the world’s leading fixed income, rates and currencies houses, providing innovative products and original thinking to corporate, institutional and private clients in all the major markets.
 
Our Fixed Income, Rates & Currencies business group offers clients a diverse portfolio of products and services: Investment Grade, Emerging Markets, Credit Derivatives, High Yield, Global Syndicated Finance, Distressed Debt, Rates Derivatives, Government Bonds, Structured Libor, Energy Trading, Residential Mortgages, Asset Backed Securities, Foreign Exchange, Repo, Cash Trading, Precious Metals, Principal Finance and Commercial Real Estate.
 
As an intermediary in these product lines, we facilitate the buying and selling of, often very complex, products and services. Clients of UBS’s Fixed Income, Rates & Currencies businesses are drawn from the following: corporate issuers, FIG issuers, governments and agencies, banks, insurance companies, hedge funds, money managers, mutual funds, brokers, financial sponsors, corporates, and private clients.
 
Our global presence and distribution franchise reflect UBS’s strength and reach across the debt and currency markets. We are one of the leading bond trading houses, and were voted the no.1 Foreign Exchange bank in the world for the second year running by clients in The Euromoney FX survey 2004. Our dedicated relationship management approach ensures that we deliver efficient execution and liquidity management within a highly individual service.

UBS’s global teams of expert investment banking advisors build long-term partnerships with corporate clients and governments, providing a range of strategic alternatives designed to help them achieve their goals.
 
Our Investment Banking Department advises clients on the following: mergers and acquisitions; debt and equity capital raisings; takeovers and defenses; disposals; private placements; restructurings; privatizations; corporate reorganizations; and general financial issues.
 
At UBS, our clients’ interests are our top priority. We take the time to develop and grow strong trusting one-to-one relationships because we believe it is the only way to get a clear understanding of their financial objectives.
 
Our franchise is strong and building momentum - across the global M&A, debt and equity capital markets, we have led some of the most challenging and complex transactions ever seen. Using innovative structures and creating ‘best fit’ solutions, we have underwritten substantial capital raisings which have resulted in major growth and development for our clients’ businesses.

In an environment of strategic growth, always-on business and customers looking for self-service, Information Technology is increasingly fundamental to the firm’s ability to serve its clients. Industry leading technology platforms, new levels of client connectivity, and a tightly knit fabric of security, help connect an expanding client base to an evolving portfolio of products.
 
Our IT professionals are consultants, communicators, analysts, project managers and developers, working in the following areas: system development, infrastructure, architecture, and global service delivery.
 
This critical department is based in 133 cities around the world, with major technology hubs in the US, Europe and Asia. Organizationally, IT is segmented into streams, each working with a corresponding business. Thanks to this structure, we able to respond swiftly and flexibly to the changing needs of our clients.
 
UBS Investment Bank has a reputation as an e-commerce pioneer and continues to use the internet and other technologies to empower clients. In recognition of this, we are consistently recognized in industry awards, including ‘Best Overall for Electronic Services’ in 2003 by euromoney.com for the second year running.

UBS Investment Bank’s Operations department is tightly coupled to the revenue generating areas of the firm. It drives through the solutions needed to support and develop the many different elements of our service offering and mitigates operational risk.
 
Operations is a core enabler of UBS Investment Bank, occupying a unique position that provides global support for the investment bank’s products and increasingly, across the whole of UBS. Our professionals develop and implement robust and scaleable infrastructure solutions, and engineer processes to provide efficient transaction services for our sales and trading units. In an increasingly competitive environment, we look to take new businesses to market faster than our competitors, and support a comprehensive product portfolio around the world - 24 hours a day.
 
The rapidly changing demands of a complex global business have transformed the way we work. We are the market leader in operational risk management and at the forefront of the industry’s initiatives to develop solutions to handle all processing of securities, listed and unlisted derivatives, and foreign exchange products.

At UBS, the Human Resources team serves as a partner and consultant for the business's strategic objectives, while providing tools to effectively support people management and processes within the firm.
 
UBS's recent success can be attributed to the talented, diverse people we have attracted, and our future success depends on continuing to bring in the most highly skilled individuals in to the organisation. We recognise that people joining us are looking for challenging, rewarding, long term careers in an organisation that encourages them to continue developing their knowledge and skills whatever their role may be.
 
Our Human Resources teams are made up of Business Partners and Centers of Excellence. Business Partners, called HR Client Relationship Managers, are aligned to each business group within UBS and are consultants on all aspects of people management including strategy and planning, employee retention and career development. The Centers of Excellence are specialist teams providing expertise in HR programme design and strategy for recruitment, compensation & benefits, international assignment services, learning and development, performance management and employee relations. Process Services and Infrastructure teams deliver process and advisory services, management information services and HR application management across a range of the specialist HR areas. By working closely together and leveraging innovation and expertise our HR teams are able to deliver a first class service to our employees.