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28 July, 2005

UBS awarded 'Best Brokerage Service of the Year' in Stock Exchange of Thailand Awards 2005

UBS Securities Thailand won 'Best Brokerage Service of the Year' in the recent Stock Exchange of Thailand (SET) Awards 2005. Selected by a panel of honorary judges, who are experts in the finance and investment fields, the award was made on the basis of the exceptional quality of brokerage services provided by UBS to its clients.

Thailand's deputy prime minister and finance minister, His Excellency Dr Somkid Jatusripitak presided over the third consecutive SET Awards ceremony at the Queen Sirikit National Convention Center. Money & Banking Magazine co-hosted the event with SET, to honor listed companies, securities companies, and investment management companies for their outstanding performances, management and services.


15 July, 2005

UBS takes top honours in Euromoney's 2005 Awards for Excellence - thanks to advice, innovation and client-focus

Euromoney named UBS its 'Best Global Risk Management House' thanks to the firm's focus on long-term relationships and advice, as well as its commitment to innovation. This is the first time UBS has topped this category, which recognizes excellence in providing solutions to clients across all asset classes.

"What makes this year's winner, UBS, stand out is its different approach to the business, one that has started to bear fruit in the past 18 months or so," says the magazine in a lengthy article examining the key contributors to the firm's success.

"UBS is gaining a reputation for putting the client back in control of its risk management processes," the article continues.

UBS's award-winning CreditDelta was cited as a particular example of an innovative product that responds to clients' risk management needs. Setting up sector-by-sector teams (such as the recently established Life and Pensions Group) to advise clients on big issues was also named as an important factor in the firm's success - as was the firm's flex forward product for FX derivatives.

When it came to equities, UBS's flair for strategic acquisition won Euromoney's approval, with the Schwab Captial Markets deal highlighted as a key factor in boosting the firm's already strong equity derivatives franchise, and so allowing it "greater flexibility in its equity-based risk management advisory work".

Peter Ghavami, co-head of European Fixed Income and Rates Sales, is quoted in the article and attributes UBS's success to its approach to talent.

"We've continued to invest in young talent, right through the downturn," he says. "And also we don't take a quarter-by-quarter approach to the business. We look ahead five years. That's how we got where we are today."

UBS was also named 'Best Global Private Bank' for the second year running, an award that follows its number-one position in Euromoney's Private Banking Poll in January.

In addition to these accolades, the firm garnered honours in a range of business areas and regions, including the award for 'Best Bank - Western Europe'.

In its write up of the latter award, Euromoney says: "What distinguishes UBS from its competitors is the way it has combined its abilities in investment banking with an unrivalled leading position in retail and private banking."

The full list of awards is as follows:
Best Private Bank
Best Risk Management House
Best Bank - Western Europe
Best Equity House - Western Europe
Best Equity House - Latin America
Best Bank - Switzerland
Best Equity House - Australia
Best M&A House - Australia
Best M&A House - Hong Kong
Best Equity House - Korea
Best Debt House - Philippines

Click here to read the full article.

11 July, 2005

UBS is open for business in London - update 08.00 BST

UBS is open for business as usual in London. The Investment Bank's 100 Liverpool Steet building is fully operational.


7 July, 2005

Explosions in London - update at 17:30 BST

Information for UBS staff based in 1, 2 & 3 Finsbury Avenue, 100 Liverpool Street, Appold Street and Golden Lane offices

While the transport system in London is gradually coming back on line, there are still major restrictions and we anticipate that this will cause delays to journeys.

We plan to carry out business activities in all our London buildings as usual on Friday.

Due to the expected continued transport disruption, non essential staff are encouraged to stay at home on Friday, subject to agreement with their line manager.


7 July, 2005

Explosions in London - update at 13:30 BST

Following this morning's explosions in London, all UBS staff in 100 Liverpool Street have been safely evacuated. Staff in all other London locations are remaining inside their offices on the instructions of the Police. As far as we are aware, there are no staff unaccounted for. Further updates will be provided hourly.

 

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