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FACTBOX-How big is UBS in the United States?
August 19, 2009 / 12:34 PM / 8 years ago

FACTBOX-How big is UBS in the United States?

Aug. 19 (Reuters) -Details of a deal to settle a U.S. tax case against Swiss bank UBS AG UBSN.VX(UBS.N) may come as soon as Wednesday and could have far-reaching implications for other wealth managers.

Here are some facts about UBS in the United States:

- UBS has 34,000 employees in the United States, more than rivals Morgan Stanley (MS.N), Goldman Sachs Group Inc (GS.N), and Credit Suisse CSGN.VX.

- The Swiss bank is the number one share trader across the New York Stock Exchange and Nasdaq combined.

- The bank’s U.S. workforce represents 37 percent of its global staff.

- The Swiss bank expanded its presence in the United States in 2000 with the $10 billion acquisition of PaineWebber Group, a brokerage firm with over 8,500 brokers and $500 billion in client assets.

- UBS Wealth Management Americas managed 673 billion Swiss francs ($619.7 billion) in client assets at the end of March.

- The bank has around 2 million clients in the United States.

- UBS has locations in 381 cities across 49 states and the District of Columbia.

Source: UBS ($1=1.086 Swiss Franc) (Editing by Simon Jessop)

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