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UBS Ltd. is a leading global wealth manager, investment banking and securities firm, and one of the largest global asset managers. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers.
For full year 2009, we recorded a net loss attributable to shareholders of CHF 2,736 million, a considerable reduction from the net loss attributable to shareholders of CHF 21,292 million in the prior year. We returned to profitability in the fourth quarter. Wealth Management & Swiss Bank, Global Asset Management and Wealth Management Americas contributed positively to the overall result. Investment Bank reported a less negative result primarily due to losses on residual risk positions that were substantially reduced over the year.
Net income from trading businesses was CHF 382 million, net income from interest margin businesses was CHF 5,053 million and net income from treasury activities and other was CHF 687 million.
Source: UBS Ltd, March 15, 2010