Document and Entity Information
Document and Entity Information | 12 Months Ended |
Dec. 31, 2022 shares | |
Entity [Table] | |
Entity registrant name | UBS Group AG |
Entity central index key | 0001610520 |
Entity current reporting status | Yes |
Entity voluntary filers | No |
Current fiscal year end date | --12-31 |
Entity filer category | Large Accelerated Filer |
Entity well known seasoned issuer | No |
Entity common stock shares outstanding | 3,524,635,722 |
Document type | 20-F |
Document period end date | Dec. 31, 2022 |
Amendment flag | false |
Document fiscal year focus | 2022 |
Document fiscal period focus | FY |
Entity emerging growth company | false |
Entity shell company | false |
Entity interactive data current | Yes |
Auditor name | Ernst & Young Ltd |
Auditor firm ID | 1460 |
Auditor location | Basel, Switzerland |
Icfr auditor attestation flag | true |
Contact Personnel Name | David Kelly |
Document Accounting Standard | International Financial Reporting Standards |
Entity File Number | 1-36764 |
Entity Incorporation State Country Code | V8 |
Document Registration Statement | false |
Document Annual Report | true |
Document Transition Report | false |
Document Shell Company Report | false |
Business Contact [Member] | |
Entity [Table] | |
Entity Address Address Line 1 | Bahnhofstrasse 45 |
Entity Address City Or Town | Zurich |
Entity Address Postal Zip Code | CH-8001 |
Entity Address Country | CH |
City Area Code | 203 |
Local Phone Number | 719 3000 |
UBS AG | |
Entity [Table] | |
Entity registrant name | UBS AG |
Entity central index key | 0001114446 |
Entity current reporting status | Yes |
Entity voluntary filers | No |
Current fiscal year end date | --12-31 |
Entity filer category | Non-accelerated Filer |
Entity well known seasoned issuer | No |
Entity common stock shares outstanding | 3,858,408,466 |
Document type | 20-F |
Document period end date | Dec. 31, 2022 |
Amendment flag | false |
Document fiscal year focus | 2022 |
Document fiscal period focus | FY |
Entity emerging growth company | false |
Entity shell company | false |
Entity interactive data current | Yes |
Auditor name | Ernst & Young Ltd |
Auditor firm ID | 1460 |
Auditor location | Basel, Switzerland |
Icfr auditor attestation flag | true |
Contact Personnel Name | David Kelly |
Document Accounting Standard | International Financial Reporting Standards |
Entity File Number | 1-15060 |
Entity Incorporation State Country Code | V8 |
Document Registration Statement | false |
Document Annual Report | true |
Document Transition Report | false |
Document Shell Company Report | false |
UBS AG | Business Contact [Member] | |
Entity [Table] | |
Entity Address Address Line 1 | Bahnhofstrasse 45 |
Entity Address City Or Town | Zurich |
Entity Address Postal Zip Code | CH-8001 |
Entity Address Country | CH |
City Area Code | 203 |
Local Phone Number | 719 3000 |
Consolidated Income Statement
Consolidated Income Statement - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | $ 11,782 | $ 8,533 | $ 8,810 |
Interest expense from financial instruments measured at amortized cost | (6,564) | (3,259) | (4,247) |
Net interest income from financial instruments measured at fair value through profit or loss and other | 1,403 | 1,431 | 1,299 |
Total net interest income | 6,621 | 6,705 | 5,862 |
Other net income from financial instruments measured at fair value through profit or loss | 7,517 | 5,850 | 6,960 |
Fee and commission income | 20,789 | 24,372 | 20,961 |
Fee and commission expense | (1,823) | (1,985) | (1,775) |
Net fee and commission income | 18,966 | 22,387 | 19,186 |
Other income | 1,459 | 452 | 1,076 |
Total revenues | 34,563 | 35,393 | 33,084 |
Credit loss expense / (release) | 29 | (148) | 694 |
Personnel expenses | 17,680 | 18,387 | 17,224 |
General and administrative expenses | 5,189 | 5,553 | 4,885 |
Depreciation, amortization and impairment of non-financial assets | 2,061 | 2,118 | 2,126 |
Operating expenses | 24,930 | 26,058 | 24,235 |
Operating profit / (loss) before tax | 9,604 | 9,484 | 8,155 |
Tax expense / (benefit) | 1,942 | 1,998 | 1,583 |
Net profit / (loss) | 7,661 | 7,486 | 6,572 |
Net profit / (loss) attributable to non-controlling interests | 32 | 29 | 15 |
Net profit / (loss) attributable to shareholders | $ 7,630 | $ 7,457 | $ 6,557 |
Earnings per share | |||
Basic | $ 2.34 | $ 2.14 | $ 1.83 |
Diluted | $ 2.25 | $ 2.06 | $ 1.77 |
UBS AG | |||
Entity [Table] | |||
Interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | $ 11,803 | $ 8,534 | $ 8,816 |
Interest expense from financial instruments measured at amortized cost | (6,696) | (3,366) | (4,333) |
Net interest income from financial instruments measured at fair value through profit or loss and other | 1,410 | 1,437 | 1,305 |
Total net interest income | 6,517 | 6,605 | 5,788 |
Other net income from financial instruments measured at fair value through profit or loss | 7,493 | 5,844 | 6,930 |
Fee and commission income | 20,846 | 24,422 | 20,982 |
Fee and commission expense | (1,823) | (1,985) | (1,775) |
Net fee and commission income | 19,023 | 22,438 | 19,207 |
Other income | 1,882 | 941 | 1,549 |
Total revenues | 34,915 | 35,828 | 33,474 |
Credit loss expense / (release) | 29 | (148) | 695 |
Personnel expenses | 15,080 | 15,661 | 14,686 |
General and administrative expenses | 9,001 | 9,476 | 8,486 |
Depreciation, amortization and impairment of non-financial assets | 1,845 | 1,875 | 1,909 |
Operating expenses | 25,927 | 27,012 | 25,081 |
Operating profit / (loss) before tax | 8,960 | 8,964 | 7,699 |
Tax expense / (benefit) | 1,844 | 1,903 | 1,488 |
Net profit / (loss) | 7,116 | 7,061 | 6,211 |
Net profit / (loss) attributable to non-controlling interests | 32 | 29 | 15 |
Net profit / (loss) attributable to shareholders | $ 7,084 | $ 7,032 | $ 6,196 |
Consolidated Statement of Compr
Consolidated Statement of Comprehensive Income - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | $ 7,661 | $ 7,486 | $ 6,572 |
Financial assets measured at fair value through other comprehensive income | |||
Reclassification of financial assets to Other financial assets measured at amortized cost | 449 | ||
Defined benefit plans | |||
Gains / (losses) on defined benefit plans, before tax | (73) | 2 | |
Own credit on financial liabilities designated at fair value | |||
Gains / (losses) from own credit on financial liabilities designated at fair value, before tax | 867 | 46 | (293) |
Total comprehensive income | |||
Total other comprehensive income | (4,494) | (2,367) | 1,740 |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (5,267) | (2,393) | 2,230 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 772 | 26 | (490) |
Total comprehensive income | 3,167 | 5,119 | 8,312 |
Comprehensive income attributable to shareholders | |||
Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 7,630 | 7,457 | 6,557 |
Foreign currency translation | |||
Foreign currency translation movements related to net assets of foreign operations, before tax | (894) | (1,076) | 2,103 |
Effective portion of changes in fair value of hedging instruments designated as net investment hedges, before tax | 337 | 498 | (936) |
Foreign currency translation differences on foreign operations reclassified to the income statement | 32 | (2) | (7) |
Effective portion of changes in fair value of hedging instruments designated as net investment hedge reclassified to the income statement | (4) | 10 | 2 |
Income tax relating to foreign currency translations, including the effect of net investment hedges | 4 | 35 | (67) |
Subtotal foreign currency translation, net of tax | (525) | (535) | 1,095 |
Financial assets measured at fair value through other comprehensive income | |||
Net unrealized gains / (losses), before tax | (440) | (203) | 223 |
Net realized gains / (losses) reclassified to the income statement from equity | 1 | (9) | (40) |
Reclassification of financial assets to Other financial assets measured at amortized cost | 449 | ||
Income tax relating to net unrealized gains / (losses) | (3) | 55 | (48) |
Subtotal financial assets measured at fair value through other comprehensive income, net of tax | 6 | (157) | 136 |
Cash flow hedges of interest rate risk | |||
Effective portion of changes in fair value of hedging instruments recognized in OCI | (5,758) | (992) | 2,012 |
Net (gains) / losses reclassified to the income statement from equity | (159) | (1,073) | (770) |
Income tax related to cash flow hedges | 1,124 | 390 | (231) |
Subtotal cash flow hedges, net of tax | (4,793) | (1,675) | 1,011 |
Cost of hedging | |||
Cost of hedging, before tax | 45 | (32) | (13) |
Income tax relating to cost of hedging | 0 | 6 | 0 |
Subtotal cost of hedging, net of tax | 45 | (26) | (13) |
Defined benefit plans | |||
Gains / (losses) on defined benefit plans, before tax | (73) | 2 | (327) |
Income tax relating to defined benefit plans | 63 | (7) | 109 |
Subtotal defined benefit plans, net of tax | (10) | (5) | (218) |
Own credit on financial liabilities designated at fair value | |||
Gains / (losses) from own credit on financial liabilities designated at fair value, before tax | 867 | 46 | (293) |
Income tax relating to own credit on financial liabilities designated at fair value | (71) | 0 | 0 |
Subtotal own credit on financial liabilities designated at fair value, net of tax | 796 | 46 | (293) |
Total comprehensive income | |||
Total other comprehensive income | (4,481) | (2,351) | 1,719 |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (5,267) | (2,393) | 2,230 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 786 | 42 | (511) |
Total comprehensive income | 3,149 | 5,106 | 8,276 |
Comprehensive income attributable to non-controlling interests | |||
Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 32 | 29 | 15 |
Total comprehensive income | |||
Total other comprehensive income | (14) | (16) | 21 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | (14) | (16) | 21 |
Total comprehensive income | 18 | 13 | 36 |
UBS AG | |||
Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 7,116 | 7,061 | 6,211 |
Financial assets measured at fair value through other comprehensive income | |||
Reclassification of financial assets to Other financial assets measured at amortized cost | 449 | ||
Defined benefit plans | |||
Gains / (losses) on defined benefit plans, before tax | 40 | 133 | |
Own credit on financial liabilities designated at fair value | |||
Gains / (losses) from own credit on financial liabilities designated at fair value, before tax | 867 | 46 | (293) |
Total comprehensive income | |||
Total other comprehensive income | (4,396) | (2,235) | 1,759 |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (5,260) | (2,368) | 2,165 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 864 | 132 | (406) |
Total comprehensive income | 2,719 | 4,826 | 7,970 |
UBS AG | Comprehensive income attributable to shareholders | |||
Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 7,084 | 7,032 | 6,196 |
Foreign currency translation | |||
Foreign currency translation movements related to net assets of foreign operations, before tax | (869) | (1,046) | 2,040 |
Effective portion of changes in fair value of hedging instruments designated as net investment hedges, before tax | 319 | 492 | (938) |
Foreign currency translation differences on foreign operations reclassified to the income statement | 32 | (1) | (7) |
Effective portion of changes in fair value of hedging instruments designated as net investment hedge reclassified to the income statement | (4) | 10 | 2 |
Income tax relating to foreign currency translations, including the effect of net investment hedges | 4 | 35 | (67) |
Subtotal foreign currency translation, net of tax | (519) | (510) | 1,030 |
Financial assets measured at fair value through other comprehensive income | |||
Net unrealized gains / (losses), before tax | (440) | (203) | 223 |
Net realized gains / (losses) reclassified to the income statement from equity | 1 | (9) | (40) |
Reclassification of financial assets to Other financial assets measured at amortized cost | 449 | ||
Income tax relating to net unrealized gains / (losses) | (3) | 55 | (48) |
Subtotal financial assets measured at fair value through other comprehensive income, net of tax | 6 | (157) | 136 |
Cash flow hedges of interest rate risk | |||
Effective portion of changes in fair value of hedging instruments recognized in OCI | (5,758) | (992) | 2,012 |
Net (gains) / losses reclassified to the income statement from equity | (159) | (1,073) | (770) |
Income tax related to cash flow hedges | 1,124 | 390 | (231) |
Subtotal cash flow hedges, net of tax | (4,793) | (1,675) | 1,011 |
Cost of hedging | |||
Cost of hedging, before tax | 45 | (32) | (13) |
Income tax relating to cost of hedging | 0 | 6 | 0 |
Subtotal cost of hedging, net of tax | 45 | (26) | (13) |
Defined benefit plans | |||
Gains / (losses) on defined benefit plans, before tax | 40 | 133 | (222) |
Income tax relating to defined benefit plans | 41 | (31) | 88 |
Subtotal defined benefit plans, net of tax | 81 | 102 | (134) |
Own credit on financial liabilities designated at fair value | |||
Gains / (losses) from own credit on financial liabilities designated at fair value, before tax | 867 | 46 | (293) |
Income tax relating to own credit on financial liabilities designated at fair value | (71) | 0 | 0 |
Subtotal own credit on financial liabilities designated at fair value, net of tax | 796 | 46 | (293) |
Total comprehensive income | |||
Total other comprehensive income | (4,383) | (2,220) | 1,738 |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (5,260) | (2,368) | 2,165 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 877 | 148 | (427) |
Total comprehensive income | 2,701 | 4,813 | 7,934 |
UBS AG | Comprehensive income attributable to non-controlling interests | |||
Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 32 | 29 | 15 |
Total comprehensive income | |||
Total other comprehensive income | (14) | (16) | 21 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | (14) | (16) | 21 |
Total comprehensive income | $ 18 | $ 13 | $ 36 |
Consolidated Statement of Com_2
Consolidated Statement of Comprehensive Income (Parenthetical) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Statement Of Comprehensive Income [Table] | |||
Gains / (losses) on defined benefit plans, before tax | $ (73) | $ 2 | |
Major plans | |||
Statement Of Comprehensive Income [Table] | |||
Gains / (losses) on defined benefit plans, before tax | (80) | (28) | |
Swiss pension plan | |||
Statement Of Comprehensive Income [Table] | |||
Gains / (losses) on defined benefit plans, before tax | (285) | (336) | |
Additional employer contributions paid to employees retirement assets | 209 | 254 | $ 235 |
UK pension plan | |||
Statement Of Comprehensive Income [Table] | |||
Gains / (losses) on defined benefit plans, before tax | 162 | 207 | |
UBS AG | |||
Statement Of Comprehensive Income [Table] | |||
Gains / (losses) on defined benefit plans, before tax | 40 | 133 | |
UBS AG | Major plans | |||
Statement Of Comprehensive Income [Table] | |||
Gains / (losses) on defined benefit plans, before tax | 32 | 102 | |
UBS AG | Swiss pension plan | |||
Statement Of Comprehensive Income [Table] | |||
Gains / (losses) on defined benefit plans, before tax | (173) | (207) | |
Additional employer contributions paid to employees retirement assets | 126 | 152 | $ 143 |
UBS AG | UK pension plan | |||
Statement Of Comprehensive Income [Table] | |||
Gains / (losses) on defined benefit plans, before tax | $ 162 | $ 207 |
Consolidated Balance Sheet
Consolidated Balance Sheet - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Assets | ||
Cash and balances at central banks | $ 169,445 | $ 192,817 |
Loans and advances to banks | 14,792 | 15,480 |
Receivables from securities financing transactions | 67,814 | 75,012 |
Cash collateral receivables on derivative instruments | 35,032 | 30,514 |
Loans and advances to customers | 387,220 | 397,761 |
Other financial assets measured at amortized cost | 53,264 | 26,209 |
Total financial assets measured at amortized cost | 727,568 | 737,794 |
Financial assets at fair value held for trading | 107,866 | 130,821 |
of which: assets pledged as collateral that may be sold or repledged by counterparties | 36,742 | 43,397 |
Derivative financial instruments | 150,108 | 118,142 |
Brokerage receivables | 17,576 | 21,839 |
Financial assets at fair value not held for trading | 59,796 | 60,080 |
Total financial assets measured at fair value through profit or loss | 335,347 | 330,882 |
Financial assets measured at fair value through other comprehensive income | 2,239 | 8,844 |
Investments in associates | 1,101 | 1,243 |
Property, equipment and software | 12,288 | 12,888 |
Goodwill and intangible assets | 6,267 | 6,378 |
Deferred tax assets | 9,389 | 8,876 |
Other non-financial assets | 10,166 | 10,277 |
Total assets | 1,104,364 | 1,117,182 |
Liabilities | ||
Amounts due to banks | 11,596 | 13,101 |
Payables from securities financing transactions | 4,202 | 5,533 |
Cash collateral payables on derivative instruments | 36,436 | 31,798 |
Customer deposits | 525,051 | 542,007 |
Debt issued measured at amortized cost | 114,621 | 139,155 |
Other financial liabilities measured at amortized cost | 9,575 | 9,001 |
Total financial liabilities measured at amortized cost | 701,481 | 740,595 |
Financial liabilities at fair value held for trading | 29,515 | 31,688 |
Derivative financial instruments | 154,906 | 121,309 |
Brokerage payables designated at fair value | 45,085 | 44,045 |
Debt issued designated at fair value | 73,638 | 73,799 |
Other financial liabilities designated at fair value | 30,237 | 30,074 |
Total financial liabilities measured at fair value through profit or loss | 333,381 | 300,916 |
Provisions | 3,243 | 3,518 |
Other non-financial liabilities | 9,040 | 11,151 |
Total liabilities | 1,047,146 | 1,056,180 |
Equity | ||
Share capital | 304 | 322 |
Share premium | 13,546 | 15,928 |
Treasury shares | (6,874) | (4,675) |
Retained earnings | 50,004 | 43,851 |
Other comprehensive income recognized directly in equity, net of tax | (103) | 5,236 |
Equity attributable to shareholders | 56,876 | 60,662 |
Equity attributable to non-controlling interests | 342 | 340 |
Total equity | 57,218 | 61,002 |
Total liabilities and equity | 1,104,364 | 1,117,182 |
UBS AG | ||
Assets | ||
Cash and balances at central banks | 169,445 | 192,817 |
Loans and advances to banks | 14,671 | 15,360 |
Receivables from securities financing transactions | 67,814 | 75,012 |
Cash collateral receivables on derivative instruments | 35,033 | 30,514 |
Loans and advances to customers | 390,027 | 398,693 |
Other financial assets measured at amortized cost | 53,389 | 26,236 |
Total financial assets measured at amortized cost | 730,379 | 738,632 |
Financial assets at fair value held for trading | 108,034 | 131,033 |
of which: assets pledged as collateral that may be sold or repledged by counterparties | 36,742 | 43,397 |
Derivative financial instruments | 150,109 | 118,145 |
Brokerage receivables | 17,576 | 21,839 |
Financial assets at fair value not held for trading | 59,408 | 59,642 |
Total financial assets measured at fair value through profit or loss | 335,127 | 330,659 |
Financial assets measured at fair value through other comprehensive income | 2,239 | 8,844 |
Investments in associates | 1,101 | 1,243 |
Property, equipment and software | 11,316 | 11,712 |
Goodwill and intangible assets | 6,267 | 6,378 |
Deferred tax assets | 9,354 | 8,839 |
Other non-financial assets | 9,652 | 9,836 |
Total assets | 1,105,436 | 1,116,145 |
Liabilities | ||
Amounts due to banks | 11,596 | 13,101 |
Payables from securities financing transactions | 4,202 | 5,533 |
Cash collateral payables on derivative instruments | 36,436 | 31,801 |
Customer deposits | 527,171 | 544,834 |
Funding from UBS Group AG | 56,147 | 57,295 |
Debt issued measured at amortized cost | 59,499 | 82,432 |
Other financial liabilities measured at amortized cost | 10,391 | 9,765 |
Total financial liabilities measured at amortized cost | 705,442 | 744,762 |
Financial liabilities at fair value held for trading | 29,515 | 31,688 |
Derivative financial instruments | 154,906 | 121,309 |
Brokerage payables designated at fair value | 45,085 | 44,045 |
Debt issued designated at fair value | 71,842 | 71,460 |
Other financial liabilities designated at fair value | 32,033 | 32,414 |
Total financial liabilities measured at fair value through profit or loss | 333,382 | 300,916 |
Provisions | 3,183 | 3,452 |
Other non-financial liabilities | 6,489 | 8,572 |
Total liabilities | 1,048,496 | 1,057,702 |
Equity | ||
Share capital | 338 | 338 |
Share premium | 24,648 | 24,653 |
Retained earnings | 31,746 | 27,912 |
Other comprehensive income recognized directly in equity, net of tax | (133) | 5,200 |
Equity attributable to shareholders | 56,598 | 58,102 |
Equity attributable to non-controlling interests | 342 | 340 |
Total equity | 56,940 | 58,442 |
Total liabilities and equity | $ 1,105,436 | $ 1,116,145 |
Consolidated Statement of Chang
Consolidated Statement of Changes in Equity SFr in Millions, $ in Millions | USD ($) | Share capital USD ($) | Share premium USD ($) | Treasury shares CHF (SFr) | Treasury shares USD ($) | Retained earnings USD ($) | Other comprehensive income recognized directly in equity, net of tax USD ($) | of which: foreign currency translation USD ($) | of which: financial assets at fair value through other comprehensive income USD ($) | of which: cash flow hedges USD ($) | Total equity attributable to shareholders USD ($) | Non-controlling interests USD ($) | UBS AG USD ($) | UBS AG Share capital USD ($) | UBS AG Share premium USD ($) | UBS AG Retained earnings USD ($) | UBS AG Other comprehensive income recognized directly in equity, net of tax USD ($) | UBS AG of which: foreign currency translation USD ($) | UBS AG of which: financial assets at fair value through other comprehensive income USD ($) | UBS AG of which: cash flow hedges USD ($) | UBS AG Total equity attributable to shareholders USD ($) | UBS AG Non-controlling interests USD ($) |
Balance at Dec. 31, 2019 | $ 54,675 | $ 338 | $ 18,064 | $ (3,326) | $ 34,122 | $ 5,303 | $ 4,028 | $ 14 | $ 1,260 | $ 54,501 | $ 174 | $ 53,896 | $ 338 | $ 24,659 | $ 23,419 | $ 5,306 | $ 4,032 | $ 14 | $ 1,260 | $ 53,722 | $ 174 | |
Statement Of Changes In Equity [Table] | ||||||||||||||||||||||
Acquisition of treasury shares | (1,584) | (1,584) | (1,584) | |||||||||||||||||||
Delivery of treasury shares under share-based compensation plans | 90 | (628) | 719 | 90 | ||||||||||||||||||
Other disposal of treasury shares | 112 | (11) | 123 | 112 | ||||||||||||||||||
Premium on shares issued and warrants exercised | (4) | (4) | (4) | |||||||||||||||||||
Share-based compensation expensed in the income statement | 691 | 691 | 691 | |||||||||||||||||||
Tax (expense) / benefit | 18 | 18 | 18 | 1 | 1 | 1 | ||||||||||||||||
Dividends | (2,613) | (1,304) | (1,304) | (2,607) | (6) | (3,854) | (3,848) | (3,848) | (6) | |||||||||||||
Translation effects recognized directly in retained earnings | 0 | (49) | 49 | 0 | 49 | 0 | 0 | (49) | 49 | 0 | 49 | 0 | ||||||||||
Share of changes in retained earnings of associates and joint ventures | (40) | (40) | (40) | (40) | (40) | (40) | ||||||||||||||||
New consolidations / (deconsolidations) and other increases / (decreases) | 103 | (76) | 65 | 65 | (12) | 115 | 103 | (76) | 65 | 65 | (12) | 115 | ||||||||||
Total comprehensive income for the year | 8,312 | 6,046 | 2,230 | 1,095 | 136 | 1,011 | 8,276 | 36 | 7,970 | 5,769 | 2,165 | 1,030 | 136 | 1,011 | 7,934 | 36 | ||||||
of which: net profit / (loss) | 6,572 | 6,557 | 6,557 | 15 | 6,211 | 6,196 | 6,196 | 15 | ||||||||||||||
of which: OCI, net of tax | 1,740 | (511) | 2,230 | 1,095 | 136 | 1,011 | 1,719 | 21 | 1,759 | (427) | 2,165 | 1,030 | 136 | 1,011 | 1,738 | 21 | ||||||
Balance at Dec. 31, 2020 | 59,765 | 338 | 16,753 | (4,068) | 38,776 | 7,647 | 5,188 | 151 | 2,321 | 59,445 | 319 | 58,073 | 338 | 24,580 | 25,251 | 7,585 | 5,126 | 151 | 2,321 | 57,754 | 319 | |
Statement Of Changes In Equity [Table] | ||||||||||||||||||||||
Acquisition of treasury shares | (3,521) | (3,521) | (3,521) | |||||||||||||||||||
Delivery of treasury shares under share-based compensation plans | 114 | (675) | 789 | 114 | ||||||||||||||||||
Other disposal of treasury shares | 88 | 7 | 81 | 88 | ||||||||||||||||||
Cancelation of treasury shares related to the share repurchase program | 0 | (16) | (236) | 2,044 | (1,792) | 0 | ||||||||||||||||
Premium on shares issued and warrants exercised | (7) | (7) | (7) | |||||||||||||||||||
Share-based compensation expensed in the income statement | 643 | 643 | 643 | |||||||||||||||||||
Tax (expense) / benefit | (88) | (88) | (88) | (102) | (102) | (102) | ||||||||||||||||
Dividends | (1,305) | (651) | (651) | (1,301) | (4) | (4,542) | (4,539) | (4,539) | (4) | |||||||||||||
Equity classified as obligation to purchase own shares | (7) | (7) | (7) | |||||||||||||||||||
Translation effects recognized directly in retained earnings | 0 | 18 | (18) | 0 | (18) | 0 | 0 | 18 | (18) | 0 | (18) | 0 | ||||||||||
Share of changes in retained earnings of associates and joint ventures | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||||||||||
New consolidations / (deconsolidations) and other increases / (decreases) | 193 | 182 | 182 | 12 | 193 | 182 | 182 | 12 | ||||||||||||||
Total comprehensive income for the year | 5,119 | 7,499 | (2,393) | (535) | (157) | (1,675) | 5,106 | 13 | 4,826 | 7,180 | (2,368) | (510) | (157) | (1,675) | 4,813 | 13 | ||||||
of which: net profit / (loss) | 7,486 | 7,457 | 7,457 | 29 | 7,061 | 7,032 | 7,032 | 29 | ||||||||||||||
of which: OCI, net of tax | (2,367) | 42 | (2,393) | (535) | (157) | (1,675) | (2,351) | (16) | (2,235) | 148 | (2,368) | (510) | (157) | (1,675) | (2,220) | (16) | ||||||
Equity attributable to shareholders at the end of the period at Dec. 31, 2021 | 60,662 | 58,102 | ||||||||||||||||||||
Balance at Dec. 31, 2021 | 61,002 | 322 | 15,928 | (4,675) | 43,851 | 5,236 | 4,653 | (7) | 628 | 60,662 | 340 | 58,442 | 338 | 24,653 | 27,912 | 5,200 | 4,617 | (7) | 628 | 58,102 | 340 | |
Statement Of Changes In Equity [Table] | ||||||||||||||||||||||
Equity attributable to non-controlling interests | 340 | 340 | ||||||||||||||||||||
Acquisition of treasury shares | (6,262) | (6,262) | (6,262) | |||||||||||||||||||
Delivery of treasury shares under share-based compensation plans | 115 | (763) | 879 | 115 | ||||||||||||||||||
Other disposal of treasury shares | 163 | (1) | 164 | 163 | ||||||||||||||||||
Cancelation of treasury shares related to the share repurchase program | 0 | (18) | (1,502) | SFr 2,775 | 3,022 | (1,502) | 0 | |||||||||||||||
Premium on shares issued and warrants exercised | (14) | (14) | (14) | |||||||||||||||||||
Share-based compensation expensed in the income statement | 716 | 716 | 716 | |||||||||||||||||||
Tax (expense) / benefit | 13 | 13 | 13 | 5 | 5 | 5 | ||||||||||||||||
Dividends | (1,677) | (834) | (834) | (1,668) | (9) | (4,209) | (4,200) | (4,200) | (9) | |||||||||||||
Equity classified as obligation to purchase own shares | (15) | (15) | (15) | |||||||||||||||||||
Translation effects recognized directly in retained earnings | 0 | 69 | (69) | 0 | (69) | 0 | 0 | 69 | (69) | 0 | (69) | 0 | ||||||||||
Share of changes in retained earnings of associates and joint ventures | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
New consolidations / (deconsolidations) and other increases / (decreases) | (3) | 4 | 3 | (3) | (3) | 4 | (7) | (3) | 4 | 3 | (3) | (3) | 4 | (7) | ||||||||
Total comprehensive income for the year | 3,167 | 8,415 | (5,267) | (525) | 6 | (4,793) | 3,149 | 18 | 2,719 | 7,961 | (5,260) | (519) | 6 | (4,793) | 2,701 | 18 | ||||||
of which: net profit / (loss) | 7,661 | 7,630 | 7,630 | 32 | 7,116 | 7,084 | 7,084 | 32 | ||||||||||||||
of which: OCI, net of tax | (4,494) | 786 | (5,267) | (525) | 6 | (4,793) | (4,481) | (14) | (4,396) | 877 | (5,260) | (519) | 6 | (4,793) | (4,383) | (14) | ||||||
Equity attributable to shareholders at the end of the period at Dec. 31, 2022 | 56,876 | 56,598 | ||||||||||||||||||||
Balance at Dec. 31, 2022 | 57,218 | $ 304 | $ 13,546 | $ (6,874) | $ 50,004 | $ (103) | $ 4,128 | $ (4) | $ (4,234) | $ 56,876 | $ 342 | 56,940 | $ 338 | $ 24,648 | $ 31,746 | $ (133) | $ 4,098 | $ (4) | $ (4,234) | $ 56,598 | $ 342 | |
Statement Of Changes In Equity [Table] | ||||||||||||||||||||||
Equity attributable to non-controlling interests | $ 342 | $ 342 |
Consolidated Statement of Cha_2
Consolidated Statement of Changes in Equity (Parenthetical) $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 USD ($) $ / shares shares | Dec. 31, 2021 USD ($) $ / shares | Dec. 31, 2020 USD ($) | Dec. 31, 2020 SFr / shares | |
Entity [Table] | ||||
Ordinary cash dividends paid, ordinary shares per share | (per share) | $ 0.50 | $ 0.37 | SFr 0.73 | |
Maximum percentage of dividends that may be paid from capital contribution reserves | 50% | |||
Own shares purchased and cancelled as part of 2018-2021 share repurchase program | shares | 177,787,273 | |||
Minimum percentage of the total capital reduction amount exceeding the nominal value by which captal contribution reserves are reduced upon cancellation of the shares | 50% | |||
New consolidations / (deconsolidations) and other increases / (decreases) | $ (3) | $ 193 | $ 103 | |
UBS Brasil Servicos | ||||
Entity [Table] | ||||
Decrease in proportion of ownership in subsidiaries that do not result in loss of control | 49.99% | |||
Share premium | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | 4 | 182 | $ (76) | |
Retained earnings | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | 3 | |||
Other comprehensive income recognized directly in equity, net of tax | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | (3) | 65 | ||
of which: foreign currency translation | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | 65 | |||
of which: financial assets at fair value through other comprehensive income | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | (3) | |||
Total equity attributable to shareholders | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | 4 | 182 | (12) | |
Non-controlling interests | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | (7) | 12 | 115 | |
Non-controlling interests | UBS Brasil Servicos | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | 115 | |||
UBS AG | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | (3) | $ 193 | 103 | |
UBS AG | UBS Brasil Servicos | ||||
Entity [Table] | ||||
Decrease in proportion of ownership in subsidiaries that do not result in loss of control | 49.99% | |||
UBS AG | Share premium | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | 4 | $ 182 | (76) | |
UBS AG | Retained earnings | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | 3 | |||
UBS AG | Other comprehensive income recognized directly in equity, net of tax | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | (3) | 65 | ||
UBS AG | of which: foreign currency translation | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | 65 | |||
UBS AG | of which: financial assets at fair value through other comprehensive income | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | (3) | |||
UBS AG | Total equity attributable to shareholders | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | 4 | 182 | (12) | |
UBS AG | Non-controlling interests | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | $ (7) | $ 12 | 115 | |
UBS AG | Non-controlling interests | UBS Brasil Servicos | ||||
Entity [Table] | ||||
New consolidations / (deconsolidations) and other increases / (decreases) | $ 115 |
Share information and earnings
Share information and earnings per share - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Shares issued | |||
Balance at the beginning of the year | 3,702,422,995 | 3,859,055,395 | 3,859,055,395 |
Shares issued / (canceled) | (177,787,273) | (156,632,400) | |
Balance at the end of the year | 3,524,635,722 | 3,702,422,995 | 3,859,055,395 |
Treasury shares | |||
Balance at the beginning of the year | 302,815,328 | 307,477,002 | 243,021,296 |
Acquisitions | 359,378,093 | 214,270,175 | 128,372,257 |
Disposals | (67,497,138) | (62,299,449) | (63,916,551) |
Cancellation of second trading line treasury shares | 177,787,273 | 156,632,400 | |
Balance at the end of the year | 416,909,010 | 302,815,328 | 307,477,002 |
Shares outstanding | 3,107,726,712 | 3,399,607,667 | 3,551,578,393 |
Basic and diluted earnings | |||
Net profit / (loss) attributable to shareholders | $ 7,630 | $ 7,457 | $ 6,557 |
Less: (profit) / loss on own equity derivative contracts | 0 | 0 | (1) |
Net profit / (loss) attributable to shareholders for diluted EPS | $ 7,630 | $ 7,457 | $ 6,556 |
Weighted average shares outstanding | |||
Weighted average shares outstanding for basic EPS | 3,260,938,561 | 3,482,963,682 | 3,583,176,189 |
Effect of dilutive potential shares resulting from notional shares, in-the-money options and warrants outstanding | 136,531,654 | 144,277,693 | 123,852,137 |
Weighted average shares outstanding for diluted EPS | 3,397,470,215 | 3,627,241,375 | 3,707,028,326 |
Earnings per share | |||
Basic | $ 2.34 | $ 2.14 | $ 1.83 |
Diluted | $ 2.25 | $ 2.06 | $ 1.77 |
Potentially dilutive instruments | |||
Employee share-based compensation awards | 4,182,799 | 5,886,945 | 2,536,789 |
Other equity derivative contracts | 1,690,247 | 6,553,051 | 11,414,728 |
Total | 5,873,046 | 12,439,996 | 13,951,517 |
UBS AG | |||
Shares issued | |||
Balance at the beginning of the year | 3,858,408,466 | ||
Balance at the end of the year | 3,858,408,466 | 3,858,408,466 | |
Basic and diluted earnings | |||
Net profit / (loss) attributable to shareholders | $ 7,084 | $ 7,032 | $ 6,196 |
Consolidated Statement of Cash
Consolidated Statement of Cash Flows - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Cash flow from / (used in) operating activities | |||
Net profit / (loss) | $ 7,661 | $ 7,486 | $ 6,572 |
Non-cash items included in net profit and other adjustments: | |||
Depreciation, amortization and impairment of non-financial assets | 2,061 | 2,118 | 2,126 |
Credit loss expense / (release) | 29 | (148) | 694 |
Share of net profits of associates and joint ventures and impairment related to associates | (32) | (105) | (84) |
Deferred tax expense / (benefit) | 494 | 434 | 352 |
Net loss / (gain) from investing activities | (1,470) | (230) | (698) |
Net loss / (gain) from financing activities | (16,587) | 100 | 3,246 |
Other net adjustments | 5,844 | 3,802 | (8,076) |
Net change in operating assets and liabilities: | |||
Loans and advances to banks and amounts due to banks | (1,088) | 2,148 | 3,586 |
Securities financing transactions | 4,443 | (2,316) | 9,588 |
Cash collateral on derivative instruments | 76 | (3,312) | (3,487) |
Loans and advances to customers and customer deposits | (5,163) | 2,365 | 18,149 |
Financial assets and liabilities at fair value held for trading and derivative financial instruments | 8,006 | (10,516) | 11,259 |
Brokerage receivables and payables | 6,019 | 8,115 | (5,199) |
Financial assets at fair value not held for trading, other financial assets and liabilities | 5,678 | 19,609 | 320 |
Provisions, other non-financial assets and liabilities | 257 | 3,010 | (387) |
Income taxes paid, net of refunds | (1,582) | (1,134) | (1,002) |
Net cash flow from / (used in) operating activities | 14,647 | 31,425 | 36,958 |
Cash flow from / (used in) investing activities | |||
Purchase of subsidiaries, associates and intangible assets | (3) | (1) | (46) |
Disposal of subsidiaries, associates and intangible assets | 1,730 | 593 | 674 |
Purchase of property, equipment and software | (1,643) | (1,841) | (1,854) |
Disposal of property, equipment and software | 161 | 295 | 366 |
Purchase of financial assets measured at fair value through other comprehensive income | (4,783) | (5,802) | (6,290) |
Disposal and redemption of financial assets measured at fair value through other comprehensive income | 4,084 | 5,052 | 4,530 |
Net (purchase) / redemption of debt securities measured at amortized cost | (11,993) | (415) | (4,166) |
Net cash flow from / (used in) investing activities | (12,447) | (2,119) | (6,785) |
Cash flow from / (used in) financing activities | |||
Net short-term debt issued / (repaid) | (12,249) | (3,093) | 23,845 |
Net movements in treasury shares and own equity derivative activity | (6,006) | (3,341) | (1,387) |
Distributions paid on UBS shares | (1,668) | (1,301) | (2,607) |
Issuance of debt designated at fair value and long-term debt measured at amortized cost | 79,115 | 98,272 | 80,255 |
Repayment of debt designated at fair value and long-term debt measured at amortized cost | (67,670) | (79,909) | (87,098) |
Net cash flows from other financing activities | (617) | (282) | (575) |
Net cash flow from / (used in) financing activities | (9,094) | 10,345 | 12,432 |
Total cash flow | |||
Cash and cash equivalents at the beginning of the year | 207,875 | 173,531 | 119,873 |
Net cash flow from / (used in) operating, investing and financing activities | (6,895) | 39,651 | 42,605 |
Effects of exchange rate differences on cash and cash equivalents | (5,659) | (5,307) | 11,052 |
Cash and cash equivalents at the end of the year | 195,321 | 207,875 | 173,531 |
Net cash flow from / (used in) operating activities includes: | |||
Interest received in cash | 15,718 | 11,163 | 11,915 |
Interest paid in cash | 8,198 | 4,707 | 6,320 |
Dividends on equity investments, investment funds and associates received in cash | 1,907 | 2,531 | 1,901 |
UBS AG | |||
Cash flow from / (used in) operating activities | |||
Net profit / (loss) | 7,116 | 7,061 | 6,211 |
Non-cash items included in net profit and other adjustments: | |||
Depreciation, amortization and impairment of non-financial assets | 1,845 | 1,875 | 1,909 |
Credit loss expense / (release) | 29 | (148) | 695 |
Share of net profits of associates and joint ventures and impairment related to associates | (32) | (105) | (84) |
Deferred tax expense / (benefit) | 491 | 432 | 355 |
Net loss / (gain) from investing activities | (1,515) | (230) | (698) |
Net loss / (gain) from financing activities | (16,587) | 100 | 3,246 |
Other net adjustments | 5,792 | 3,790 | (8,061) |
Net change in operating assets and liabilities: | |||
Loans and advances to banks and amounts due to banks | (1,088) | 2,148 | 3,586 |
Securities financing transactions | 4,444 | (2,316) | 9,588 |
Cash collateral on derivative instruments | 73 | (3,311) | (3,486) |
Loans and advances to customers and customer deposits | (7,756) | 2,406 | 18,934 |
Financial assets and liabilities at fair value held for trading and derivative financial instruments | 8,173 | (10,635) | 11,326 |
Brokerage receivables and payables | 6,019 | 8,115 | (5,199) |
Financial assets at fair value not held for trading, other financial assets and liabilities | 5,557 | 19,793 | 392 |
Provisions, other non-financial assets and liabilities | (437) | 2,617 | (1,213) |
Income taxes paid, net of refunds | (1,495) | (1,026) | (919) |
Net cash flow from / (used in) operating activities | 10,630 | 30,563 | 36,581 |
Cash flow from / (used in) investing activities | |||
Purchase of subsidiaries, associates and intangible assets | (3) | (1) | (46) |
Disposal of subsidiaries, associates and intangible assets | 1,729 | 593 | 674 |
Purchase of property, equipment and software | (1,478) | (1,581) | (1,573) |
Disposal of property, equipment and software | 161 | 295 | 364 |
Purchase of financial assets measured at fair value through other comprehensive income | (4,783) | (5,802) | (6,290) |
Disposal and redemption of financial assets measured at fair value through other comprehensive income | 4,084 | 5,052 | 4,530 |
Net (purchase) / redemption of debt securities measured at amortized cost | (11,993) | (415) | (4,166) |
Net cash flow from / (used in) investing activities | (12,283) | (1,860) | (6,506) |
Cash flow from / (used in) financing activities | |||
Net short-term debt issued / (repaid) | (12,249) | (3,093) | 23,845 |
Distributions paid on UBS shares | (4,200) | (4,539) | (3,848) |
Issuance of debt designated at fair value and long-term debt measured at amortized cost | 79,457 | 98,619 | 80,153 |
Repayment of debt designated at fair value and long-term debt measured at amortized cost | (67,670) | (79,799) | (87,099) |
Net cash flows from other financing activities | (595) | (261) | (553) |
Net cash flow from / (used in) financing activities | (5,257) | 10,927 | 12,498 |
Total cash flow | |||
Cash and cash equivalents at the beginning of the year | 207,755 | 173,430 | 119,804 |
Net cash flow from / (used in) operating, investing and financing activities | (6,911) | 39,630 | 42,573 |
Effects of exchange rate differences on cash and cash equivalents | (5,645) | (5,306) | 11,053 |
Cash and cash equivalents at the end of the year | 195,200 | 207,755 | 173,430 |
Net cash flow from / (used in) operating activities includes: | |||
Interest received in cash | 15,730 | 11,170 | 11,929 |
Interest paid in cash | 8,315 | 4,802 | 6,414 |
Dividends on equity investments, investment funds and associates received in cash | $ 1,907 | $ 2,531 | $ 1,901 |
Consolidated Statement ot Cash
Consolidated Statement ot Cash Flows (Parenthetical) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Restricted cash and cash equivalents | $ 4,253 | $ 3,408 | $ 3,828 |
Money market paper in financial assets at fair value held for trading | 2 | 20 | 117 |
Money market paper in financial assets measured at fair value through other comprehensive income | 0 | 0 | 178 |
Money market paper in financial assets at fair value not held for trading | 6,048 | 1,066 | 536 |
Money market paper in other financial assets measured at amortized cost | 6,459 | 141 | 584 |
Cash and balances at central banks classified as cash equivalents | 169,363 | 192,706 | 158,088 |
Loans and advances to banks classified as cash equivalents | 13,450 | 13,942 | 14,028 |
Money market paper classified as cash equivalents | 12,508 | 1,227 | 1,415 |
Disposal of subsidiaries, associates and intangible assets | 1,730 | 593 | 674 |
UBS AG | |||
Entity [Table] | |||
Restricted cash and cash equivalents | 4,253 | 3,408 | 3,828 |
Money market paper in financial assets at fair value held for trading | 2 | 20 | 117 |
Money market paper in financial assets measured at fair value through other comprehensive income | 0 | 0 | 178 |
Money market paper in financial assets at fair value not held for trading | 6,048 | 1,066 | 536 |
Money market paper in other financial assets measured at amortized cost | 6,459 | 141 | 584 |
Cash and balances at central banks classified as cash equivalents | 169,363 | 192,706 | 158,088 |
Loans and advances to banks classified as cash equivalents | 13,329 | 13,822 | 13,928 |
Money market paper classified as cash equivalents | 12,508 | 1,227 | 1,415 |
Disposal of subsidiaries, associates and intangible assets | $ 1,729 | $ 593 | $ 674 |
Changes in liabilities arising
Changes in liabilities arising from financing activities - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | $ (804) | $ 15,270 | |
Non-cash changes | (24,335) | (2,724) | |
of which: foreign currency translation | (5,035) | (4,857) | |
of which: fair value changes | (12,625) | 4,106 | |
of which: other | (6,675) | (1,972) | |
Balance | 189,943 | 215,082 | $ 202,535 |
Debt issued measured at amortized cost | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | (14,333) | 5,070 | |
Non-cash changes | (10,201) | (5,148) | |
of which: foreign currency translation | (3,526) | (3,175) | |
of which: other | (6,675) | (1,972) | |
Balance | 114,621 | 139,155 | 139,232 |
of which: short-term | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | (12,249) | (3,093) | |
Non-cash changes | (1,173) | (475) | |
of which: foreign currency translation | (1,173) | (475) | |
Balance | 29,676 | 43,098 | 46,666 |
of which: long-term | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | (2,084) | 8,163 | |
Non-cash changes | (9,028) | (4,673) | |
of which: foreign currency translation | (2,353) | (2,700) | |
of which: other | (6,675) | (1,972) | |
Balance | 84,945 | 96,057 | 92,566 |
Debt issued designated at fair value | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | 13,782 | 10,076 | |
Non-cash changes | (13,944) | 2,480 | |
of which: foreign currency translation | (1,394) | (1,617) | |
of which: fair value changes | (12,550) | 4,097 | |
Balance | 73,638 | 73,799 | 61,243 |
Over-the-counter debt instruments | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | (253) | 124 | |
Non-cash changes | (190) | (56) | |
of which: foreign currency translation | (115) | (65) | |
of which: fair value changes | (75) | 9 | |
Balance | 1,684 | 2,128 | 2,060 |
UBS AG | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | (461) | 15,727 | |
Non-cash changes | (24,225) | (2,705) | |
of which: foreign currency translation | (5,036) | (4,857) | |
of which: fair value changes | (12,629) | 4,104 | |
of which: other | (6,560) | (1,953) | |
Balance | 190,968 | 215,655 | 202,633 |
UBS AG | Debt issued measured at amortized cost | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | (19,390) | (550) | |
Non-cash changes | (3,543) | (2,369) | |
of which: foreign currency translation | (2,233) | (1,841) | |
of which: other | (1,310) | (528) | |
Balance | 59,499 | 82,432 | 85,351 |
UBS AG | of which: short-term | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | (12,249) | (3,093) | |
Non-cash changes | (1,173) | (475) | |
of which: foreign currency translation | (1,173) | (475) | |
Balance | 29,676 | 43,098 | 46,666 |
UBS AG | of which: long-term | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | (7,141) | 2,543 | |
Non-cash changes | (2,370) | (1,894) | |
of which: foreign currency translation | (1,061) | (1,366) | |
of which: other | (1,310) | (528) | |
Balance | 29,823 | 39,334 | 38,685 |
UBS AG | Debt issued designated at fair value | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | 13,277 | 9,075 | |
Non-cash changes | (12,895) | 2,516 | |
of which: foreign currency translation | (1,405) | (1,611) | |
of which: fair value changes | (11,490) | 4,127 | |
Balance | 71,842 | 71,460 | 59,868 |
UBS AG | Over-the-counter debt instruments | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | (251) | 126 | |
Non-cash changes | (193) | (58) | |
of which: foreign currency translation | (113) | (65) | |
of which: fair value changes | (80) | 7 | |
Balance | 1,684 | 2,128 | 2,060 |
UBS AG | Funding from UBS Group AG | |||
Disclosure Of Reconciliation Of Liabilities Arising From Financing Activities [Table] | |||
Cash flows | 5,903 | 7,076 | |
Non-cash changes | (7,595) | (2,795) | |
of which: foreign currency translation | (1,285) | (1,340) | |
of which: fair value changes | (1,060) | (30) | |
of which: other | (5,250) | (1,425) | |
Balance | $ 57,943 | $ 59,635 | $ 55,354 |
Material accounting policies
Material accounting policies | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Material accounting policies | a) Material accounting policies This Note (the Financial Statements) of UBS Statements were authorized Basis of accounting The Financial issued by the International Accounting Standards Disclosures marked as audited in an integral part of the Financial Statements. These disclosures relate to requirements under Financial Instruments: Disclosures, Presentation of Financial Statements, and are not repeated The stated in Note 1b. Critical accounting estimates and judgments Preparation of these of assets, liabilities, income and expenses, Such estimates experience, expectations of necessary. Changes from UBS’s estimates, The Statements: – expected credit loss measurement – fair value measurement ( – income taxes (refer to item – provisions and contingent liabilities – post-employment benefit plans – goodwill (refer – consolidation of structured 1) Consolidation The Financial presented as all entities that activities of returns. Consideration is given to all facts the current ability to direct the relevant activities Subsidiaries, when control ceases. Control, to one or more elements req Business measured at the non-controlling › Refer to Note 28 for more information Critical accounting estimates and judgments Each individual requires the use of significant judgment is unique When carrying out the consolidation assessment, judgment of the investee, as well as the substance › Refer to Note 28 2) a. Recognition UBS settlement date accounting to In transactions where UBS acts as by the transferor, UBS does UBS also acts in a benefit plans satisfied, Statements. Client cash balances associated with derivatives if, balances. b. Classification, measurement and Financial assets Where the contractual (SPPI) on within a business model that has an objective of holding financial assets to collect contractual cash through other both collecting contractual cash flows All other those accounting requirements apply (refer to item Business model assessment and UBS particular business objective. In assessing whether contractual cash flows are asset instrument. This assessment includes (ESG) triggers. Financial liabilities Financial liabilities measured at amortized Debt issued measured at amortized cost includes which the tier 1 (CET1) event has variable specific to a party to the contract. If a debt were to be written down or converted into equity in with statement. A gain or loss is recognized Other income activities. A subsequent Financial liabilities measured at fair value UBS designates certain issued debt instruments as financial liabilities at fair such financial the instruments instruments. Measurement and presentation After initial recognition, UBS classifies, measures and presents its financial assets and liabilities in accordance with as described in the table below. Classification, measurement Financial assets classification Significant items included Measurement and Measured at amortized cost This classification includes: – cash and balances at central banks; – loans and advances to banks; – receivables from – cash collateral receivables instruments; – residential and – corporate loans; – secured loans, including Lombard unsecured loans; – loans to financial advisors; and – debt securities held as high (HQLA). Measured at amortized method less allowances (refer to items 2d and 2g in The following items are recognized statement: – interest income, which is with item 2d in this Note; – ECL and reversals; – foreign exchange (FX) When a financial asset at amortized the gain or loss is recognized For amounts arising from see below in this table. Measured at FVOCI Debt instruments measured at FVOCI This classification primarily includes and certain asset-backed securities Measured at fair value reported in Other comprehensive income, net of applicable income taxes, until such investments Upon derecognition, any accumulated Other comprehensive income are reclassified to the income statement and reported Other income. The following items, which are basis as for financial assets measured recognized in the income – interest income, which is with item 2d in this Note; – ECL and reversals; and – FX translation gains and losses. Classification, measurement Financial assets classification Significant items included Measurement and Measured at FVTPL Held for trading Financial assets held for – all derivatives with a positive those that are designated instruments; and – other financial assets acquired purpose of selling or repurchasing that are part of a instruments that are managed there is evidence of a recent term profit taking. Included instruments (including those money market paper, loans) and equity instruments. Measured at fair value income statement. Derivative assets (including and effective hedging instruments) presented as Derivative financial instruments , except those exchange-traded derivatives (ETD) (OTC)-cleared derivatives that are basis or economically net are presented within Cash collateral receivables on derivative instruments. Changes in fair value, initial transaction and gains and losses arising recognized in Other net income from financial instruments measured at fair value except interest income on instruments derivatives (refer to item 2d derivatives designated as hedging of interest rate risk and and long-duration FX contracts acting hedges, which are reported Net interest income. Changes in the fair designated and effective presented either in the income Other comprehensive income , depending on the type of hedge relationship (refer information). Mandatorily measured at FVTPL – Other This classification includes financial asset measured at FVTPL that are follows: – certain structured loans, certain receivables from are managed on a fair – loans managed on a fair hedged with credit derivatives – certain debt securities held as HQLA and fair value basis; – certain investment fund holdings hedge delivery obligations related employee compensation plans; – brokerage receivables, do not meet the SPPI criterion balance is accounted for as a with interest being calculated components; – auction rate securities, for do not meet the SPPI criterion reset at rates that contain leverage – equity – assets held under unit-linked investment Classification, measurement Financial liabilities classification Significant items included Measurement and Measured at amortized cost This classification includes: – demand and time deposits; – retail savings / deposits; – sweep deposits; – payables – non-structured debt – subordinated debt; – commercial paper and – cash collateral payables on derivative Measured at amortized method. When a financial liability at amortized derecognized, the gain statement. Interest Income generated derecognized pursuant is presented within Net interest income from financial instruments measured at fair value and other . Measured at FVTPL Held for trading Financial liabilities held for trading include: – all derivatives with a negative replacement (including certain loan commitments) that are designated and instruments; and – obligations to deliver financial debt and equity instruments, third parties but does not Measurement and presentation classified at FVTPL follow the financial assets classified at FVTPL, except of change in the fair value o designated at FVTPL that is UBS’s own credit Other comprehensive income Retained earnings and is never reclassified to the income Derivative liabilities (including derivatives designated and effective generally presented as Derivative financial instruments, except those exchange derivatives that are legally settled economically net settled on a daily presented within Cash collateral payables on derivative instruments. Designated at FVTPL UBS designates liabilities: – issued hybrid debt instruments equity-linked, credit notes; – issued debt instruments managed basis; – certain payables from transactions; – amounts due under unit the cash flows of which are measured at FVTPL and eliminate mismatch; – brokerage payables, which arise brokerage receivables achieve measurement consistency. c. Loan commitments and financial guarantees Loan commitments commitments Financial guarantee contracts are incurred loss debt instrument. d. Interest calculating the effective interest rate (the EIR) for financial instruments (other than credit-impaired financial UBS estimates future cash flows considering the EIR applied to the gross when EIR allowance. Upfront fees, including direct costs are and recognized over the expected life of Fees related does not effective Net and recognized over the life of the commitment › Refer to item 3 in Interest expense expense, except when interest rates are › Refer to item 2b in e. Derecognition Financial assets UBS derecognizes a transferred financial asset, or a portion of a financial asset, if the all the risks and rewards of the asset or a significant part of the risks and rewards combined with a practical ability to sell or pledge the asset. Where transferred evidenced financial asset is retained, by the extent to which it is exposed › Refer to Note 22 Financial liabilities UBS discharged, substantially derecognized income statement. Certain OTC derivative counterparties and exchanges are considered on a daily basis represents › Refer to Note 21 f. UBS accounts for a significant portion date that would be received for the participants in the principal market, or in › Refer to Note 20 g. ECL are receivables, undrawn portion credit facilities, as UBS is exposed to credit risk because the borrower take credit risk mitigation actions. Recognition of expected credit losses ECL are recognized on – Stage 1 instruments: Maximum 12-month ECL are recognized from initial cash shortfalls that would a default occurring. – Stage 2 instruments: Lifetime ECL are recognized if to events over no longer observed, the instrument will – Stage 3 the occurrence Credit-impaired exposures they are expected to be fully recoverable through – Changes in lifetime ECL since initial recognition impaired (POCI). with a defaulted counterparty; All or part of of a claim written off are generally credited to Credit loss expense / (release) . ECL are recognized in the income statement in Credit loss expense / (release) . A corresponding ECL allowance is reported as a decrease assets that Other comprehensive . For presented in Provisions. Default and credit impairment UBS counterparty classified as defaulted based › Refer to “Credit policies Measurement of expected credit losses IFRS 9 ECL The method (LGD) and on the approach is applied that derives are point-in-time material portfolios, PDs and LGDs are independent. For the purpose (A-IRB) models that are also and developed that consider the complexity, structure PDs and LGDs used in parameters. All models oversight processes. Probability of default: PD represents the probability of default determined the remaining lifetime industry and information. Exposure at default: EAD represents an estimate of the exposure to credit considering expected repayments, interest payments are considered and the characteristics of the respective portfolios. Loss given default: LGD represents an estimate expected proceedings for unsecured commonly expressed Estimation of expected credit losses Number of scenarios and estimation Determination of especially with a view To represented risks, and for which for economic or changes in the nature The determined not that the chosen particular narratives with Macroeconomic and other factors The range and historical information availability of purposes, UBS projects the relevant economic factors for a period of three to cycle-neutral PD and LGD for longer Factors relevant taken into account, with specific focus For UBS, the following forward-looking macroeconomic variables represent the most relevant factors for ECL calculation: – GDP growth rates, given their significant – unemployment rates, given their significant effect – house price indices, given their significant – interest rates, given their significant effect on – consumer price and economic stability; and – equity indices, given that they are an Scenario generation, review process and A team of with involvement from a broad The IFRS 9 Scenario and Group may not be allowance. The framework, ratifies the decisions › Refer to Note 19 ECL measurement period The period credit commitments for which UBS has an Additionally, some financial instruments include both the client has estimate the period defined contractual maturity date, are as one exposure. with credit actions triggered when balances are past due. An ECL measurement card limits, capped at 12 months Customary master credit commitments. negative indicators. The risk events Larger corporate facilities are not subject to RbM, has assessed these credit risk management substantive period from is exposed reporting date. Significant increase in credit risk Financial maximum since initial Primarily, UBS forward-looking and – at the reporting date; and – at inception of the instrument. If, based the instrument is transferred to stage 2 The threshold for those financial asset PIT applied are defined on SICR thresholds – Internal rating at origination of the instrument – Rating downgrades / SICR trigger 0–3 3 4–8 2 9–13 1 › Refer to the “Risk Irrespective of increased portfolios, specifically the Swiss SICR. Where instruments are transferred to stage 2 due to is applied before a transfer Wealth Management stage 3, a one-year period is applied Additionally, economic conditions, counterparties may be an sharing the same credit risk character In general, the overall SICR determination process does not apply to Lombard loans, securities financing transactions and certain monitoring stage 3 position. In exceptional cases, an individual adjustment of specific facts. Credit risk different . mainly arises because requirements are instrument-specific, such that a borrower can have multiple maturing loans in stage 2 risk-based determine what risk-mitigating actions › Refer to the “Risk Critical accounting estimates and judgments The calculation of ECL requires management to apply significant timing and amount of ECL recognized. Determination of a significant IFRS Management Forum has Scenarios, scenario weights and macroeconomic ECL reflect looking Sounding Sessions, to determine whether any additional ECL measurement period Lifetime ECL are generally determined based upon the contractual maturity of the transaction, which significantly affects ECL. callable master credit facilities, judgment for credit card limits, capped Modeling and post-model adjustments A number of affect ECL. The models are governed Management Forum and endorsed A sensitivity analysis covering › Refer to Note 19 h. Restructured and When payment default financial difficulties extension of maturity, › Refer to the “Risk Modifications result in an alteration of future contractual cash flows as part financial asset being derecognition, any difference between the modified contractual gross carrying amount of the given financial i. Offsetting UBS recognized simultaneously. transactions with various counterparties, In simultaneously, emphasis all credit and liquidity exposure between substantial arrangements. Repurchase the settlement and payables in a single › Refer to Note 21 for more information . Hedge accounting The effectiveness discontinued. Voluntary Fair value hedges of interest rate risk The amount hedging instrument. Fair value hedges of FX risk related to The fair value change of the item and foreign currency basis spread of cross-currency swaps designated as hedging derivatives is excluded from and Other comprehensive Equity . amounts are released to the Discontinuation of fair value hedges Discontinuations for reasons other which method. If the hedged item is derecognized, is recognized immediately in the income Cash flow hedges of Fair value gains or losses associated repricing Other comprehensive within Equity Interest income from financial Interest expense affect profit transactions statement. Hedges of net investments in foreign Gains or losses Other comprehensive income Equity, while any gains (for example, disposal of Equity the entity is reclassified to Other income . Interest Rate Benchmark Reform UBS continues with alternative risk-free to exist, such that forecast consequential impact on the risk-free interest rates, UBS Amendments to IFRS 9, Rate Benchmark Reform – Phase 2), where applicable . › Refer to Note 25 3) UBS broad clients’ underwriting execution and clearing). UBS recognizes Where the contract requires services to be provided over time, income is recognized the agreement. Consideration nature of UBS’s business, to include e.g., judgment in allocating the consideration PIT services where the amount of revenue is known when the performance obligation is met. Fixed a straight-line to customer’s performance period. to contingencies beyond UBS’s UBS’s component term nature of such contracts, significant contract assets or liabilities. UBS presents expenses primarily in line with their nature in the are directly which Total Fee , personnel, general and administrative Operating expenses . For and clearing services (where payable to other parties not recognized from the given client. › Refer to Note 4 for 4) Share-based and other deferred UBS service to affected by restructuring programs or mutually agreed termination provisions, recognition to the who compensation expense grant date. Share-based compensation plans Share-based compensation grant, taking transfer restrictions in effect For equity-settled awards, incremental estimate of performance conditions. For equity-settled relate to a service or performance condition) For recognized equals the cash distributed. Other deferred compensation plans Compensation depending expected to be paid under the plan and is remeasured at equals the cash or the fair value of › Refer to Note 27 5) Defined benefit plans Defined benefit plans specify an amount of benefit that an employee will receive, which usually depends on one or more factors, the present value of the of Other comprehensive income . If the fair value of the plan’s obligation, the recognition form of obligation or employer, and Critical accounting estimates and judgments The net defined benefit liability or asset at the balance sheet date and the related personnel expense depend on the expected future benefits to be provided, determined significantly alter rate, movements in each significant assumption › Refer to Note 26 for more information Defined contribution plans A benefits are paid. UBS has assets to pay employees is recognized contribution. Prepaid payments is available. 6) UBS is subject to the income operations. The Group’s provision for income taxes is composed to be paid or refunded Deferred tax amounts periods. measured reporting period and DTAs are differences can extent there are sufficient will be available against which the Deferred and current tax assets to the same be settled net or realized simultaneously. Current and deferred taxes are recognized and deferred taxes recognized in relation amount effects Equity ); FVOCI; (iv) changes in fair value of benefit plans; (vi) above are recognized in Other comprehensive income Equity . UBS considered probable by adjusting current or deferred value methods, the uncertainty will be resolved. 7) Property, development costs are capitalized benefits calculated on a straight line basis over an Property, alongside goodwill and intangible assets as described in item 8 in this assets property that has that would be currently required by a market participant to replace the service capacity longer used, they are tested individually for impairment. › Refer to Note 11 8) Goodwill Goodwill liabilities acquired that arises in a end irrespective of whether An impairment charge is recognized in the income cash-generating Critical accounting estimates and judgments UBS‘s methodology available to shareholders Earnings available to shareholders rates management. The key assumptions changes to those assumptions. › Refer to Notes 2 and 9) Provisions are liabilities Provisions, Contingent , when: probable that an outflow of resources of the obligation can be The majority of UBS’s provisions relate to litigation, Restructuring provisions scope of for employee benefits relate measurement principles Provisions IAS 37 provisions are measured at the balance sheet date. When conditions required to recognize a provision an outflow events, the existence of which will 10) Transactions spot FVOCI, closing exchange rate. Translation Other net income fair value through profit or loss . Non-monetary items measured Upon consolidation, the closing exchange rate translated at the average Equity and reclassified longer controls the Share between the historic average reported as Share premium. Other and financial assets measured translation effects Retained earnings . › Refer to Note 32 11) Proceeds from Share capital in Share premium . UBS Group AG shares held UBS Group in Equity Treasury Equity The difference between reported as Share premium . Contracts on UBS Group AG Contracts involving settlement option that includes a choice of |
UBS AG | |
Entity [Table] | |
Material accounting policies | a) Material accounting policies This Note (the Financial Statements) of UBS AG and its subsidiaries (UBS AG). authorized for issue by the Board Basis of accounting The Financial issued by the International Accounting Standards Disclosures marked as audited in an integral part of the Financial Statements. These disclosures relate to requirements under Financial Instruments: Disclosures, Presentation of Financial Statements, and are not repeated The stated in Note 1b. Critical accounting estimates and judgments Preparation of these of assets, liabilities, income and expenses and disclosure, Such estimates and assumptions are based on the historical experience, as necessary. significantly The Statements: – expected credit loss measurement – fair value measurement (refer – income taxes (refer to item – provisions and contingent liabilities – post-employment benefit plans – goodwill (refer – consolidation of structured 1) Consolidation The economic entity; controls, entity; Consideration is the current ability to direct the relevant activities Subsidiaries, when control ceases. Control, to one or more elements required Business measured at the non-controlling › Refer to Note 28 for more information Critical accounting estimates and judgments Each individual requires involvement is unique may not. and activities of the investee, as well as › Refer to Note 28 for more information 2) a. Recognition UBS AG applies settlement date accounting In derecognition by the transferor, UBS retirement benefit criteria are Financial Statements. Client cash balances associated with derivatives if, through balances. b. Classification, measurement and Financial assets Where the contractual (SPPI) on within a business model that has an objective of holding financial assets to collect contractual cash through other both collecting contractual cash flows All other those accounting requirements apply (refer to item Business model assessment and UBS particular business objective. In assessing whether contractual asset instrument. This assessment includes (ESG) triggers. Financial liabilities Financial liabilities measured at amortized Financial liabilities Debt issued Funding from Group measured . containing upon Supervisory Authority underlying is deemed to be If a debt were to be written down or converted into equity in with statement. A gain or loss is recognized Other income activities. A subsequent Financial liabilities measured at fair value UBS AG designates certain that such financial instruments include non of the instrument instruments instruments. Measurement and presentation After initial IFRS 9, as described in the table Classification, measurement Financial assets classification Significant items included Measurement and Measured at amortized cost This classification includes: – cash and balances at central banks; – loans and advances to banks; – receivables from – cash collateral receivables instruments; – residential and – corporate loans; – secured loans, including Lombard unsecured loans; – loans to financial advisors; – debt securities held as high (HQLA). Measured at amortized method less allowances (refer to items 2d and 2g in The following items are recognized statement: – interest income, which is with item 2d in this Note; – ECL and reversals; – foreign exchange (FX) When a financial asset at amortized the gain or loss is recognized For amounts arising from see below in this table. Measured at FVOCI Debt instruments measured at FVOCI This classification primarily includes and certain asset-backed securities Measured at fair value reported in Other comprehensive income, net of applicable income taxes, until such investments Upon derecognition, any accumulated Other comprehensive income are reclassified to the income statement and reported Other income. The following items, which are basis as for financial assets measured recognized in the income – interest income, which is with item 2d in this Note; – ECL and reversals; and – FX translation gains and losses. Classification, measurement Financial assets classification Significant items included Measurement and Measured at FVTPL Held for trading Financial assets held for – all derivatives with a positive those that are designated instruments; and – other financial assets acquired purpose of selling or repurchasing that are part of a portfolio instruments that are managed there is evidence of a recent term profit taking. Included instruments (including those money market paper, loans) and equity instruments. Measured at fair value income statement. Derivative assets (including and effective hedging instruments) presented as Derivative financial instruments , except those exchange-traded derivatives (ETD) (OTC)-cleared derivatives that are basis or economically net are presented within Cash collateral receivables on derivative instruments. Changes in fair value, initial transaction and gains and losses arising recognized in Other net income from financial instruments measured at fair value except interest income on instruments derivatives (refer to item 2d derivatives designated as hedging of interest rate risk and and long-duration FX contracts acting hedges, which are reported Net interest income. Changes in the fair designated and effective presented either in the income Other comprehensive income , depending on the type of hedge relationship (refer information). Mandatorily measured at FVTPL – Other This classification includes financial asset measured at FVTPL that are follows: – certain structured loans, certain receivables from are managed on a fair – loans managed on a fair hedged with credit derivatives – certain debt securities held as HQLA and fair value basis; – certain investment fund holdings hedge delivery obligations related employee compensation plans; – brokerage receivables, do not meet the SPPI criterion balance is accounted for as a with interest being calculated components; – auction rate securities, for do not meet the SPPI criterion reset at rates that contain leverage – equity instruments; – assets held under unit-linked investment Classification, measurement Financial liabilities classification Significant items included Measurement and Measured at amortized cost This classification includes: – demand and time deposits; – retail savings / deposits; – sweep deposits; – payables – non-structured debt – subordinated debt; – commercial paper and – obligations against funding – cash collateral payables on derivative Measured at amortized method. When a financial liability at amortized derecognized, the gain statement. Interest Income generated derecognized pursuant is presented within Net interest income from financial instruments measured at fair value and other . Measured at FVTPL Held for trading Financial liabilities held for trading include: – all derivatives with a negative replacement (including certain loan commitments) that are designated and instruments; and – obligations to deliver financial debt and equity instruments, third parties but does not Measurement and presentati classified at FVTPL follow the financial assets classified at FVTPL, except of change in the fair value of a designated at FVTPL that is AG’s own credit risk is Other comprehensive income Retained earnings and is never reclassified to the income Derivative liabilities (including derivatives designated and effective generally presented as Derivative financial instruments, except those exchange derivatives that are legally settled economically net settled on a presented within Cash collateral payables on derivative instruments. Designated at FVTPL UBS AG designates liabilities: – issued hybrid debt instruments equity-linked, credit notes; – issued debt instruments managed basis; – obligations against funding managed on a fair value basis – certain payables from transactions; – amounts due under unit the cash flows of which are measured at FVTPL and eliminate mismatch; – brokerage payables, which arise brokerage receivables achieve measurement consistency. c. Loan commitments and financial guarantees Loan commitments commitments Financial guarantee contracts are contracts that require an incurred loss because a specified debtor fails to make debt instrument. d. Interest calculating the effective interest rate (the EIR) for financial instruments (other than credit-impaired financial UBS AG with However, applying the credit loss allowance. Upfront fees, including direct costs are and recognized over the expected life of Fees related AG does not retain a portion of the syndicated loan or where UBS AG does retain a portion of the syndicated loan at the same effective yield for comparable risk as other participants, Net fee and commission income and either recognized over the life of the commitment › Refer to item 3 in Interest expense expense, except when interest rates are › Refer to item 2b in e. Derecognition Financial assets UBS substantially all the risks and rewards of the asset or a significant part of the risks and rewards ability to sell or pledge the asset. Where transferred evidenced financial determined by the extent to which it is exposed › Refer to Note 22 Financial liabilities UBS discharged, canceled or expires. When substantially derecognized income statement. Certain OTC derivative counterparties and exchanges are considered on a daily basis represents › Refer to Note 21 f. UBS measurement date between market participants market. › Refer to Note 20 g. ECL are receivables, undrawn master credit before UBS AG can take credit Recognition of expected credit losses ECL are recognized on – Stage 1 instruments: Maximum 12-month ECL are recognized from initial cash shortfalls that would result a default occurring. – Stage 2 instruments: Lifetime ECL are recognized if to events over no longer observed, the instrument will – Stage 3 the occurrence Credit-impaired exposures they are expected to be fully recoverable through – Changes in lifetime ECL since initial recognition impaired (POCI). with a defaulted counterparty; All or part of of a claim written off are generally credited Credit loss expense / (release) . ECL are recognized in the income statement in Credit loss expense / (release) . A corresponding ECL allowance is reported as a decrease assets that Other comprehensive . For presented in Provisions. Default and credit impairment UBS AG applies a single counterparty classified as defaulted based › Refer to “Credit policies Measurement of expected credit losses IFRS 9 ECL The method (LGD) and on the approach is applied that derives are point-in-time material portfolios, PDs and LGDs are independent. For the based framework and Pillar 2 stress loss models. Adjustments have been developed that consider the complexity, structure and risk profile of relevant portfolios and take account of the fact that PDs and LGDs used in the ECL calculation are PIT-based, as opposed to the corresponding Basel III through-the-cycle (TTC) validation and oversight processes. Probability of default: PD represents the probability of default determined the remaining lifetime industry and information. Exposure at default: EAD represents an estimate of the exposure to credit considering expected repayments, interest are considered and the characteristics of the Loss given default: LGD represents an estimate expected proceedings for unsecured commonly expressed Estimation of expected credit losses Number of scenarios and estimation Determination of especially with a view To accommodate represented risks, and for which for economic or changes in the nature The determined not that the chosen particular narratives with Macroeconomic and other factors The range and historical information availability of purposes, period, to cycle-neutral PD and LGD for longer Factors relevant taken into account, with specific focus For calculation: – GDP growth rates, given their significant – unemployment rates, given their significant effect – house price indices, given their significant – interest rates, given their significant effect on – consumer price and economic stability; and – equity indices, given that they are an Scenario generation, review process and A team of with involvement from a broad The IFRS 9 Scenario and Group may not be allowance. The framework, ratifies the decisions › Refer to Note 19 ECL measurement period The period to commitments for which UBS AG has an Additionally, some financial instruments include both the contractual cancellation right client has the ability to estimate have a defined managed as portfolio level, with applied for credit card limits, capped at to credit risk. Customary master credit commitments. negative indicators. The risk events Larger corporate facilities are not subject to AG has assessed these credit risk management practices and considers both the as substantive period from AG is reporting date. Significant increase in credit risk Financial maximum since initial Primarily, UBS AG assesses changes in an instrument’s forward-looking and – at the reporting date; and – at inception of the instrument. If, based and the instrument is transferred to The threshold for those financial asset PIT applied are defined on SICR thresholds – Internal rating at origination of the instrument – Rating downgrades / SICR trigger 0–3 3 4–8 2 9–13 1 › Refer to the “Risk Irrespective of increased portfolios, specifically the Swiss SICR. Where instruments are transferred to stage 2 due to is applied before a transfer Wealth Management stage 3, a one-year period is applied Additionally, economic conditions, counterparties may be moved an sharing the same credit risk characteristics In general, the overall SICR determination process does not apply to Lombard loans, securities financing transactions and certain monitoring stage 3 position. In exceptional cases, an individual adjustment of specific facts. Credit risk different . mainly arises because requirements are instrument-specific, such that a borrower can maturing loans in stage 2 risk-based determine what risk-mitigating actions › Refer to the “Risk Critical accounting estimates and judgments The calculation of ECL requires management to apply significant judgment and make timing and amount of ECL recognized. Determination of a significant IFRS 9 does Management Forum has Scenarios, scenario weight ECL reflect forward-looking scenarios that include relevant macroeconomic variables Sounding Sessions, to determine whether any ECL measurement period Lifetime ECL are generally determined based upon the contractual maturity of the transaction, which significantly affects ECL. callable master applied for credit card limits, Modeling and post-model adjustments A number of affect ECL. The models ECL Management Forum and endorsed A sensitivity analysis covering . › Refer to Note 19 h. Restructured and When payment default is expected, in financial difficulties extension of maturity, › Refer to the “Risk Modifications result in an alteration of or as part of a financial asset being derecognition, any difference between the modified contractual gross carrying amount of the given financial i. Offsetting UBS AG presents financial assets and liabilities on its balance sheet net if (i) it recognized simultaneously. transactions with various counterparties, In simultaneously, emphasis all credit and liquidity exposure between substantial amounts of UBS arrangements. Repurchase the settlement and payables in a single › Refer to Note 21 for more information j. Hedge accounting UBS AG applies hedge accounting are met. Voluntary discontinuation Fair value hedges of interest rate risk The amount hedging instrument. Fair value hedges of FX risk related to The fair value change of the item and foreign currency basis spread of cross-currency swaps designated as hedging derivatives is excluded from and Other comprehensive Equity . amounts are released to the Discontinuation of fair value hedges Discontinuations for reasons other which method. If the hedged item is derecognized, is recognized immediately in the income Cash flow hedges of Fair value gains or losses associated repricing Other comprehensive within Equity Interest income from financial Interest expense affect profit transactions statement. Hedges of net investments in foreign Gains or losses Other comprehensive income Equity, while any gains (for example, disposal of Equity the entity is reclassified to Other income . Interest Rate Benchmark Reform UBS replaced with will continue with little or no consequential by alternative risk-free Amendments to IFRS 9 and IFRS 16 (Interest Rate Benchmark where applicable . › Refer to Note 25 3) UBS AG earns fee income from the diverse range of broad clients’ underwriting execution and client. life of the agreement. Consideration nature considered to the client, e.g., significant judgment in allocating the PIT services where the amount of revenue is known when the performance obligation is met. Fixed a straight-line to customer’s performance related to contingencies beyond UBS AG’s fees are generally earned from short-term contracts. As a result, UBS AG’s contracts component term nature of such any significant contract assets or liabilities. UBS AG presents expenses that revenues, which are generally presented within Total revenues Fee and commission expense , and those that are to Operating . execution statement, associated income collected from the given › Refer to Note 4 for 4) Share-based and other deferred UBS AG recognizes expenses for deferred compensation awards over the period that the employee is required to provide service to affected by restructuring programs or mutually agreed termination provisions, recognition to the who compensation expense grant date. Share-based compensation plans UBS Group AG is the grantor of to employees share-based payment transactions. the fair value of UBS Group inherent in market conditions, and non For equity-settled awards, incremental estimate of performance conditions. For equity-settled relate to a service or performance condition) For recognized equals the cash distributed. Other deferred compensation plans Compensation depending expected to be paid under the plan and is remeasured at equals the cash or the fair value of › Refer to Note 27 5) Defined benefit plans Defined benefit plans specify an amount of benefit that an employee will receive, which usually depends on one or more factors, the present value of the of Other comprehensive income . If the fair value of the plan’s obligation, the recognition form of obligation or employer, and Critical accounting estimates and judgments The net defined benefit liability or asset at the balance sheet date and the related personnel expense depend on the expected future benefits to be provided, determined significantly alter rate, movements in each significant assumption › Refer to Note 26 for more information Defined contribution plans A benefits sufficient Compensation generally in the year of contribution. Prepaid contributions are a reduction in future payments 6) UBS AG business operations. UBS AG’s provision for income taxes is composed of current and deferred be paid or Deferred tax amounts periods. measured reporting period and DTAs are recognized differences can extent there are sufficient will be available against which the Deferred and current tax assets to the same be settled net or realized simultaneously. Current and deferred taxes are recognized and deferred taxes recognized in relation amount effects Equity ); FVOCI; (iv) changes in fair value of benefit plans; (vi) above are recognized in Other comprehensive income Equity . UBS AG considered probable by adjusting current or deferred value methods, the uncertainty will be resolved. 7) Property, development costs are capitalized benefits calculated on a straight line basis over an Property, alongside goodwill and intangible assets as described in item 8 in this assets property that has that would be currently required by a market participant to replace the service capacity longer used, they are tested › Refer to Note 11 8) Goodwill Goodwill liabilities acquired that arises in a end irrespective of whether An impairment charge is recognized in the income cash-generating Critical accounting estimates and judgments UBS AG‘s methodology for goodwill impairment available to shareholders Earnings available to shareholders rates management. The key assumptions changes to those assumptions. › Refer to Notes 2 and 9) Provisions are liabilities Provisions, Contingent Liabilities and Contingent , when: is probable that an outflow of the obligation can be The benefits. change the scope of the business Provisions accordance with measurement principles set out in item 4 allowances within Provisions credit line. IAS 37 provisions are measured at the balance sheet date. When conditions required to recognize a provision an outflow events, the AG. Critical accounting estimates and judgments Recognition of provisions probability, nature, are The amount matter. Management regularly reviews provisions have been satisfied and › Refer to Note 17 10) Transactions spot FVOCI, closing exchange rate. Translation Other net income fair value through profit or loss . Non-monetary items measured Upon consolidation, at the closing exchange rate on the balance sheet date, and income and expense items and other comprehensive income are translated at Equity and UBS AG no longer controls Share between the historic average reported as Share premium. Other and financial assets measured translation effects Retained earnings . › Refer to Note 32 11) Contracts involving UBS Group a settlement option that includes a |
Changes in accounting policies,
Changes in accounting policies, comparability and adjustments | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Changes in accounting policies, comparability and adjustments | Accounting for obligations In “Accounting guidance balance sheets or blockchain for UBS assets, under this guidance |
Other changes to accounting policies | b) Changes in accounting policies, comparability Changes to the presentation During 2022, financial statements and disclosure notes, and to Total operating income Total revenues Credit loss expense / (release) , which is now separately presented below Total revenues . Reclassification of a portfolio from Financial assets measured at fair value Other financial assets measured at amortized Effective from 1 April 2022, UBS has reclassified a Financial assets measured at fair value through other comprehensive income 6.9 bn (the Portfolio) to Other financial assets measured at amortized cost , in line with the principles in IFRS 9, Financial Instruments , which require a reclassification changes its business model The Portfolio’s cumulative fair value losses of USD 449 m pre-tax and USD 333 m post-tax, previously recognized in Other comprehensive , reclassification date, so a value of USD 7.4 bn as on 1 April 2022. The reclassification had The reclassified Portfolio is made up of high-quality liquid assets, primarily US government treasuries and US government agency mortgage-backed securities, held The accounting Americas Board to significantly grow earnings presentation. 100% generating substantial cash that are longer in duration, Following the commencement of these activities is no longer held in a business model to collect the contractual cash flows and sell the assets, but is instead solely held to collect the contractual with effect from 1 April 2022. The fair 5.8 bn. A 981 m would have been recognized in Other comprehensive income |
IFRSs and interpretations to be adopted and other adjustments | IFRS 17, In May 2017, Insurance Contracts , which rights and obligations that arise from insurance contracts issued 1 January provide insurance services in any Other amendments to IFRS The IASB amendments are not expected to |
UBS AG | |
Entity [Table] | |
Changes in accounting policies, comparability and adjustments | Accounting for obligations to In “Accounting guidance requiring SEC sheets blockchain technology and UBS AG assets, under this guidance |
Other changes to accounting policies | b) Changes in accounting policies, comparability Changes to the presentation During 2022, UBS AG financial statements and disclosure notes, and to Total operating income Total revenues Credit loss expense / (release) , which is now separately presented below Total revenues . Reclassification of a portfolio from Financial assets measured at fair value Other financial assets measured at amortized Effective from 1 April Financial assets measured at value 6.9 bn Other measured at , in Financial Instruments , which when an entity changes its business The Portfolio’s cumulative fair value losses of USD 449 m pre-tax and USD 333 m post-tax, previously recognized in Other comprehensive , reclassification date, so a value of USD 7.4 bn as on 1 April 2022. The reclassification had The reclassified Portfolio is made agency mortgage-backed securities, held The accounting reclassification has Americas Board to significantly grow earnings presentation. 100% generating substantial cash that are longer in duration, Following the commencement of these activities is no longer held in a business model to collect the contractual cash flows and sell the assets, but is instead solely held to collect the contractual with effect from 1 April 2022. The fair 5.8 bn. A 981 m would have been recognized in Other comprehensive income |
IFRSs and interpretations to be adopted and other adjustments | IFRS 17, In May 2017, Insurance Contracts , which rights and obligations that arise from insurance contracts issued 1 January 2023. provide insurance services in any Other amendments to IFRS The IASB amendments are not expected to |
Segment reporting
Segment reporting | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Entitys Reportable Segments Explanatory | Note 2a UBS’s businesses Banking, Asset Management and the Investment Bank. All four business divisions are supported by Group qualify as reportable segments for divisions reflect the management structure – Global Wealth ranges from management and banking – Personal retirement, financing, channels. – Asset Management across intermediaries and wealth management – The Investment Bank to services, facilitating clients raising derivatives trading across equities and – Group Information Resources, Portfolio. Financial management reports to the Group pursuant to IFRS 8, Operating Segments . UBS’s determine reportable segments are carried out segments. several immaterial, as the majority of Interest average attributed equity and currency composition. Assets and liabilities of the reportable segments are funded through and invested with Group Segment internal operating segment associated transaction principles. Non-current than benefits. USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS For the year ended 31 December Net interest income 5,273 2,191 (19) (242) (584) 6,621 Non-interest income 13,694 2,111 2,980 1 8,958 199 27,942 Total revenues 18,967 4,302 2,961 8,717 (385) 34,563 Credit loss expense / (release) 0 39 0 (12) 3 29 Operating expenses 13,989 2,452 1,564 6,832 92 24,930 Operating profit / (loss) before 4,977 1,812 1,397 1,897 (480) 9,604 Tax expense / (benefit) 1,942 Net profit / (loss) 7,661 Additional information Total assets 388,530 235,226 17,348 391,320 71,940 1,104,364 Additions to non-current assets 42 13 1 34 1,970 2,060 USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS For the year ended 31 December Net interest income 4,244 2,120 (15) 481 (127) 6,705 Non-interest income 15,175 2,143 2,632 8,972 (233) 28,689 Total revenues 19,419 4,263 2,617 9,454 (359) 35,393 Credit loss expense / (release) (29) (86) 1 (34) 0 (148) Operating expenses 14,665 2,618 1,586 6,858 330 26,058 Operating profit / (loss) before 4,783 1,731 1,030 2,630 (689) 9,484 Tax expense / (benefit) 1,998 Net profit / (loss) 7,486 Additional information Total assets 2 395,235 225,370 25,639 346,431 124,507 1,117,182 Additions to non-current assets 56 16 1 30 1,989 2,091 USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS For the year ended 31 December Net interest income 4,027 2,049 (17) 284 (481) 5,862 Non-interest income 3 13,107 1,858 2,993 9,235 30 27,222 Total revenues 17,134 3,908 2,975 9,519 (452) 33,084 Credit loss expense / (release) 88 257 2 305 42 694 Operating expenses 13,026 2,392 1,519 6,732 567 24,235 Operating profit / (loss) before 4,019 1,259 1,455 2,482 (1,060) 8,155 Tax expense / (benefit) 1,583 Net profit / (loss) 6,572 Additional information Total assets 367,714 231,657 28,589 369,683 128,122 1,125,765 Additions to non-current assets 5 12 385 150 2,294 2,847 1 Includes an USD 848 m gain in Asset resources from Group Functions been USD 26 bn higher, of which USD 14 bn related to the Investment Bank. 631 m net gain on the sale of a majority stake in Fondcenter AG (now Clearstream 571 m was recognized in Asset 60 m was recognized in Global The operating allocation of total revenues and its be reasonable, and allocation methodology are management revenues with the mandate of the regional Presidents. Certain revenues, Group Functions, are Global The geographic analysis of non-current For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 13.8 40 8.9 46 Asia Pacific 5.6 16 1.5 8 Europe, Middle East and Africa (excluding 7.0 20 2.9 15 Switzerland 7.7 22 6.3 32 Global 0.5 1 0.0 0 Total 34.6 100 19.7 100 For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 14.5 41 9.0 44 Asia Pacific 6.5 18 1.5 7 Europe, Middle East and Africa (excluding 7.0 20 2.9 14 Switzerland 7.8 22 7.1 35 Global (0.3) (1) 0.0 0 Total 35.4 100 20.5 100 For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 13.2 40 9.0 42 Asia Pacific 6.1 18 1.5 7 Europe, Middle East and Africa (excluding 6.5 20 3.0 14 Switzerland 7.1 22 7.6 36 Global 0.1 0 0.0 0 Total 33.1 100 21.1 100 1 During 2022, UBS changed has been updated to reflect |
UBS AG | |
Entity [Table] | |
Disclosure Of Entitys Reportable Segments Explanatory | Note 2a UBS Corporate Functions and qualify as reportable segments for the purpose of four business divisions – Global Wealth ranges from management and banking – Personal retirement, financing, channels. – Asset Management across intermediaries and wealth management – The Investment Bank to services, facilitating clients raising derivatives trading across equities and – Group Information Resources, Portfolio. Financial management IFRS 8, Operating Segments . UBS determine reportable segments are carried out segments. several immaterial, as the majority of Interest income earned average attributed equity and currency composition. Assets and liabilities of the reportable segments are funded through and invested with Group Segment internal reporting to management. If one operating segment is involved in an external transaction together with another operating segment associated transaction principles. Non-current than benefits. USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS AG For the year ended 31 December Net interest income 5,274 2,192 (19) (241) (688) 6,517 Non-interest income 13,689 2,113 2,980 1 8,958 659 28,398 Total revenues 18,963 4,304 2,961 8,717 (30) 34,915 Credit loss expense / (release) 0 39 0 (12) 3 29 Operating expenses 14,069 2,475 1,565 6,890 928 25,927 Operating profit / (loss) before 4,894 1,790 1,396 1,839 (960) 8,960 Tax expense / (benefit) 1,844 Net profit / (loss) 7,116 Additional information Total assets 388,624 235,330 16,971 391,495 73,016 1,105,436 Additions to non-current assets 42 13 1 33 1,773 1,862 USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS AG For the year ended 31 December Net interest income 4,244 2,120 (15) 481 (226) 6,605 Non-interest income 15,175 2,144 2,632 8,978 294 29,222 Total revenues 19,419 4,264 2,617 9,459 68 35,828 Credit loss expense / (release) (29) (86) 1 (34) 0 (148) Operating expenses 14,743 2,623 1,593 6,902 1,151 27,012 Operating profit / (loss) before 4,706 1,726 1,023 2,592 (1,083) 8,964 Tax expense / (benefit) 1,903 Net profit / (loss) 7,061 Additional information Total assets 2 395,235 225,425 25,202 346,641 123,641 1,116,145 Additions to non-current assets 56 16 1 30 1,689 1,791 USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS AG For the year ended 31 December Net interest income 4,027 2,049 (17) 284 (555) 5,788 Non-interest income 3 13,107 1,859 2,993 9,224 504 27,686 Total revenues 17,134 3,908 2,975 9,508 (52) 33,474 Credit loss expense / (release) 88 257 2 305 42 695 Operating expenses 13,080 2,390 1,520 6,762 1,329 25,081 Operating profit / (loss) before 3,965 1,261 1,454 2,441 (1,423) 7,699 Tax expense / (benefit) 1,488 Net profit / (loss) 6,211 Additional information Total assets 367,714 231,710 28,266 369,778 127,858 1,125,327 Additions to non-current assets 5 12 385 150 1,971 2,524 1 Includes an USD 848 m gain in Asset Management sheet resources from Group Functions to the business have been USD 26 bn higher, 14 bn related to the 631 m net gain on USD 571 m was recognized in Asset 60 m was recognized in Global The allocation of total revenues and its be reasonable, and allocation methodology are management revenues with the mandate of the regional Presidents. Certain revenues, Group Functions, are Global The geographic analysis of non-current For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 13.8 40 9.0 48 Asia Pacific 5.6 16 1.5 8 Europe, Middle East and Africa (excluding 7.0 20 2.6 14 Switzerland 7.7 22 5.6 30 Global 0.8 2 0.0 0 Total 34.9 100 18.7 100 For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 14.5 40 9.0 47 Asia Pacific 6.5 18 1.4 7 Europe, Middle East and Africa (excluding 7.0 20 2.6 13 Switzerland 7.8 22 6.3 33 Global 0.1 0 0.0 0 Total 35.8 100 19.3 100 For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 13.2 39 9.0 45 Asia Pacific 6.1 18 1.4 7 Europe, Middle East and Africa (excluding 6.5 20 2.7 14 Switzerland 7.1 21 6.9 34 Global 0.5 2 0.0 0 Total 33.5 100 20.0 100 1 During 2022, UBS AG changed information, has been updated the USA. |
Net interest income and other n
Net interest income and other net income from fair value changes on financial instruments | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Net Interest Income And Other Net Income From Financial Instruments Measured At Fair Value Through Profit Or Loss Explanatory | Note 3 profit or loss For the year ended USD m 31.12.22 31.12.21 31.12.20 Net interest income from financial instruments measured 1,403 1,431 1,299 Other net income from financial instruments measured 7,517 5,850 6,960 of which: net gains / (losses) from financial liabilities designated 1 17,037 (6,582) 1,509 Total net income from 8,920 7,281 8,259 Net interest income Interest income from loans and deposits 2 9,612 6,488 6,690 Interest income from securities financing transactions 3 1,378 513 862 Interest income from other financial instruments measured 545 284 335 Interest income from debt instruments measured at fair 74 115 101 Interest income from derivative instruments designated as 173 1,133 822 Total interest income 11,782 8,533 8,810 Interest expense on loans and deposits 4 2,579 523 1,031 Interest expense on securities financing transactions 5 1,089 1,102 870 Interest expense on debt issued 2,803 1,533 2,237 Interest expense on lease liabilities 92 102 110 Total interest expense 6,564 3,259 4,247 Total net interest income 5,218 5,274 4,563 Total net interest income 1,403 1,431 1,299 Total net interest income 6,621 6,705 5,862 1 Excludes fair value changes of hedges related to financial currency, both of which are reported within Other 4,112 m (net losses of USD 2,068 m and USD 72 m in 2021 and 2020, 4,112 m (net gains of USD 2,068 m and 72 m in 2021 trading. amounts due to banks, customer deposits, and cash collateral payables on derivative instruments. cost. and advances to banks, |
UBS AG | |
Entity [Table] | |
Disclosure Of Net Interest Income And Other Net Income From Financial Instruments Measured At Fair Value Through Profit Or Loss Explanatory | Note 3 profit or loss For the year ended USD m 31.12.22 31.12.21 31.12.20 Net interest income from financial instruments measured 1,410 1,437 1,305 Other net income from financial instruments measured 7,493 5,844 6,930 of which: net gains / (losses) from financial liabilities designated 1 17,036 (6,457) 1,625 Total net income from 8,903 7,281 8,235 Net interest income Interest income from loans and deposits 2 9,634 6,489 6,696 Interest income from securities financing transactions 3 1,378 513 862 Interest income from other financial instruments measured 545 284 335 Interest income from debt instruments measured at fair 74 115 101 Interest income from derivative instruments designated as 173 1,133 822 Total interest income 11,803 8,534 8,816 Interest expense on loans and deposits 4 4,488 1,655 2,440 Interest expense on securities financing transactions 5 1,089 1,102 870 Interest expense on debt issued 1,031 512 918 Interest expense on lease liabilities 88 98 105 Total interest expense 6,696 3,366 4,333 Total net interest income 5,108 5,168 4,483 Total net interest income 1,410 1,437 1,305 Total net interest income 6,517 6,605 5,788 1 Excludes fair value changes of hedges related to financial liabilities designated at fair value and foreign currency translation effects arising from translating currency, 4,112 m (net 2,068 m and USD 72 m in 2021 and 2020, respectively), driven by financial liabilities related to unit-linked investment contracts, which are designated at fair value through profit or loss. This was offset by net losses of USD 4,112 m (net gains of USD 2,068 m and USD 72 m in 2021 and for trading. interest on amounts due to banks, customer deposits, and cash collateral payables on derivative instruments. at amortized cost. well as negative interest on cash and from securities financing transactions |
Net fee and commission income
Net fee and commission income | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Fee And Commission Income Expense Explanatory | Note 4 For the year ended USD m 31.12.22 31.12.21 31.12.20 Underwriting fees 579 1,463 1,085 M&A and corporate finance fees 804 1,102 736 Brokerage fees 3,484 4,382 4,132 Investment fund fees 4,942 5,790 5,289 Portfolio management and related services 9,059 9,762 8,009 Other 1,920 1,874 1,710 Total fee and commission 1 20,789 24,372 20,961 of which: recurring 14,229 15,410 13,009 of which: transaction-based 6,492 8,692 7,491 of which: performance-based 68 269 461 Fee and commission expense 1,823 1,985 1,775 Net fee and commission income 18,966 22,387 19,186 1 For the 12,990 m for Global 1,654 m for Personal 2,840 m for Asset Management, USD 3,296 m for the Investment Bank and 10 m for Group Functions (for 14,545 m for Global 1,644 m for Personal & Corporate Banking, USD 3,337 m for 4,814 m for 33 m for 12,475 m for USD 1,426 m for Personal & Corporate 3,129 m for Asset Management, USD 3,882 m for the Investment Bank and 49 m for Group Functions). |
UBS AG | |
Entity [Table] | |
Disclosure Of Fee And Commission Income Expense Explanatory | Note 4 For the year ended USD m 31.12.22 31.12.21 31.12.20 Underwriting fees 633 1,512 1,104 M&A and corporate finance fees 804 1,102 736 Brokerage fees 3,487 4,383 4,132 Investment fund fees 4,942 5,790 5,289 Portfolio management and related services 9,059 9,762 8,009 Other 1,921 1,874 1,712 Total fee and commission 1 20,846 24,422 20,982 of which: recurring 14,229 15,410 13,010 of which: transaction-based 6,550 8,743 7,512 of which: performance-based 68 269 461 Fee and commission expense 1,823 1,985 1,775 Net fee and commission income 19,023 22,438 19,207 1 For the 12,990 m for Global 1,657 m for Personal 2,840 m for Asset Management, USD 3,350 m for the Investment Bank and 10 m for Group Functions (for 14,545 m for Global 1,645 m for Personal & Corporate Banking, USD 3,337 m for 4,863 m for 33 m for 12,475 m for USD 1,427 m for Personal & Corporate 3,129 m for Asset Management, USD 3,901 m for the Investment Bank and 50 m for Group Functions). |
Other income
Other income | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Other Operating Income Explanatory | Note 5 For the year ended USD m 31.12.22 31.12.21 31.12.20 Associates, joint ventures and Net gains / (losses) from acquisitions and disposals of subsidiaries 1 148 (11) 635 2 Net gains / (losses) from disposals of investments in associates 844 3 41 0 Share of net profits of associates and joint ventures 32 105 84 Total 1,024 135 719 Net gains / (losses) from disposals of financial assets measured (1) 9 40 Income from properties 4 20 23 26 Net gains / (losses) from properties held for sale 24 100 5 76 6 Other 391 7 185 8 216 9 Total other income 1,459 452 1,076 1 Includes foreign exchange disposals of subsidiaries and 631 m net gain on the sale 848 m gain related to the sale of UBS’s shareholding in of USD 140 m arising from relates to a portion 133 m gain on the sale 111 m (with the remaining and disposals 111 m related to 98 m related to (compared with losses 60 m in 2021). 100 m from the 215 m gain on the property rights associated with the |
UBS AG | |
Entity [Table] | |
Disclosure Of Other Operating Income Explanatory | Note 5 For the year ended USD m 31.12.22 31.12.21 31.12.20 Associates, joint ventures and Net gains / (losses) from acquisitions and disposals of subsidiaries 1 148 (11) 635 2 Net gains / (losses) from disposals of investments in associates 844 3 41 0 Share of net profits of associates and joint ventures 32 105 84 Total 1,024 134 719 Net gains / (losses) from disposals of financial assets measured (1) 9 40 Income from properties 4 20 22 25 Net gains / (losses) from properties held for sale 71 100 5 76 6 Income from shared services provided to UBS Group 460 451 422 Other 308 7 224 8 267 9 Total other income 1,882 941 1,549 1 Includes foreign exchange and disposals of 631 m net gain on 848 m gain related sale of UBS AG’s shareholding in net gains of 140 m arising from 7 Mainly relates to a portion 133 m gain on the sale of 111 m (with the remaining amount acquisitions and 111 m related to 23 m related to instruments (compared with losses 17 m in 2021). 100 m from the sale of UBS AG’s 215 m gain on the sale intellectual property rights associated |
Personnel expenses
Personnel expenses | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Employee Benefits Explanatory | Note 6 For the year ended USD m 31.12.22 31.12.21 31.12.20 Salaries 1 7,045 7,339 7,023 Variable compensation 2 7,954 8,280 7,520 of which: performance awards 3,205 3,190 3,209 3 of which: financial advisors 4 4,508 4,860 4,091 of which: other 241 229 220 Contractors 323 381 375 Social security 944 978 899 3 Post-employment benefit plans 5 794 833 845 of which: defined benefit plans 437 470 502 of which: defined contribution plans 357 363 343 Other personnel expenses 621 576 561 3 Total personnel expenses 17,680 18,387 17,224 1 Includes role-based allowances. employees, resulting 280 m, of which 240 m is disclosed 20 m within Social 20 m within Other personnel expenses. commitments with financial 20 m for the year ended 31 December 2022 (for the year ended 31 December 2021: USD 80 m; for the year ended 31 December 2020: USD 0 m), which represent a reduction in the defined benefit plan resulting from a decrease |
UBS AG | |
Entity [Table] | |
Disclosure Of Employee Benefits Explanatory | Note 6 For the year ended USD m 31.12.22 31.12.21 31.12.20 Salaries 1 5,528 5,723 5,535 Variable compensation 2 7,636 7,973 7,246 of which: performance awards 2,910 2,916 2,953 3 of which: financial advisors 4 4,508 4,860 4,091 of which: other 217 196 201 Contractors 119 142 138 Social security 730 762 704 3 Post-employment benefit plans 5 555 582 597 of which: defined benefit plans 256 280 306 of which: defined contribution plans 299 303 291 Other personnel expenses 513 479 466 3 Total personnel expenses 15,080 15,661 14,686 1 Includes role-based allowances. employees, resulting 270 m, of which 240 m is disclosed 20 m within Social 10 m within Other personnel expenses. commitments with financial 13 m for the year ended 31 December 2022 (for the year ended 31 December 2021: USD 49 m; for the year ended 31 December 2020: USD 0 m), which represent a reduction in the defined benefit plan resulting from a decrease |
General and administrative expe
General and administrative expenses | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of General And Administrative Expense Explanatory | Note 7 For the year ended USD m 31.12.22 31.12.21 31.12.20 Outsourcing costs 896 893 951 Technology costs 1,146 1,055 949 Consulting, legal and audit fees 592 540 646 Real estate and logistics costs 605 634 671 Market data services 419 417 413 Marketing and communication 265 242 217 Travel and entertainment 172 72 84 Litigation, regulatory and similar matters 1 348 911 197 Other 746 788 757 Total general and administrative 5,189 5,553 4,885 1 Reflects the net increase in |
UBS AG | |
Entity [Table] | |
Disclosure Of General And Administrative Expense Explanatory | Note 7 For the year ended USD m 31.12.22 31.12.21 31.12.20 Outsourcing costs 451 426 466 Technology costs 502 490 449 Consulting, legal and audit fees 494 465 566 Real estate and logistics costs 507 530 563 Market data services 367 367 361 Marketing and communication 195 171 162 Travel and entertainment 156 66 77 Litigation, regulatory and similar matters 1 348 910 197 Other 5,981 6,051 5,646 of which: shared services costs charged by UBS 5,264 5,321 4,939 Total general and administrative 9,001 9,476 8,486 1 Reflects the net increase in |
Income taxes
Income taxes | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Income Tax Explanatory | Note 8 For the year ended USD m 31.12.22 31.12.21 31.12.20 Tax Swiss Current 730 680 482 Deferred (15) 34 116 Total Swiss 715 714 598 Non-Swiss Current 718 884 749 Deferred 509 400 236 Total non-Swiss 1,227 1,284 985 Total income tax expense 1,942 1,998 1,583 Income tax recognized in the income The Swiss current tax expenses related The deferred tax 678 m that (DTAs) Americas 169 m certain entities, primarily in connection The effective tax rate for the year of 20.2 % is lower than our projected 24 %, primarily as a result of the aforementioned deferred tax benefit of USD 169 m in respect of expenses were recognized in For the year ended USD m 31.12.22 31.12.21 31.12.20 Operating profit / (loss) before tax 9,604 9,484 8,155 of which: Swiss 4,425 3,334 3,403 of which: non-Swiss 5,178 6,150 4,752 Income taxes at Swiss tax rate of 18 % for 2022, 18.5 % for 2021 and 19.5 % for 2020 1,729 1,755 1,590 Increase / (decrease) resulting from: Non-Swiss tax rates differing from Swiss tax rate 284 234 110 Tax effects of losses not recognized 74 124 144 Previously unrecognized tax losses now utilized (217) (179) (212) Non-taxable and lower-taxed income (335) (278) (394) Non-deductible expenses and additional taxable income 429 510 385 Adjustments related to prior years, current (41) (40) (67) Adjustments related to prior years, deferred 13 (10) 12 Change in deferred tax recognition (217) (342) (381) Adjustments to deferred tax balances arising from changes in 0 (5) 234 Other items 222 231 161 Income tax expense / (benefit) 1,942 1,998 1,583 The components of operating profit statements and the amounts Component Description Non-Swiss tax rates differing from the Swiss tax rate To tax rate. This item reflects, the tax expense that would arise at the tax benefit that would arise Tax not recognized This item relates to tax losses in relation to those losses. Therefore, above is reversed. Previously unrecognized tax now utilized This item relates to taxable previously recorded. the tax expense calculated by applying Non-taxable and lower- taxed income This item relates to tax deductions profits that are either not made for tax purposes, which are Non-deductible expenses and additional taxable income This item relates to additional is recognized for tax purposes well as expenses for the year that are locations). Adjustments related to prior years, This item relates to adjustments tax authorities in an amount Adjustments related to prior years, tax This item relates to adjustments recognized and recognized as DTAs Change in deferred tax recognition This item relates to changes expected future taxable profits. recognized. Adjustments to deferred tax balances arising from changes in tax rates This item relates to remeasurements of changing the future tax of DTAs recognized differences and Other items Other items include other differences benefit, including movements Income tax recognized directly in equity A net tax benefit of USD 1,116 m was recognized in Other comprehensive income 479 m) and a net tax benefit of USD 13 m was recognized in Share premium (2021: net expense of 88 m). Deferred tax assets and liabilities The Group has temporary differences, as well as deferred tax liabilities in respect of taxable temporary differences, as shown in the table below. management related tax loss carry-forwards The recognition of DTAs opportunities are available that would result in additional future taxable Deferred tax liabilities joint arrangements, temporary difference and it is probable 2022, this exception was not USD m 31.12.22 31.12.21 Deferred tax assets 1 Gross Valuation allowance Recognized Gross Valuation allowance Recognized Tax loss carry-forwards 12,708 (8,720) 3,988 13,636 (9,193) 4,443 Temporary differences 5,814 (414) 5,400 5,133 (700) 4,433 of which: related to real estate costs capitalized for US tax purposes 2,485 0 2,485 2,272 0 2,272 of which: related to compensation and benefits 1,194 (175) 1,018 1,222 (209) 1,013 of which: related to cash flow hedges 947 0 947 3 0 3 of which: other 1,188 (238) 950 1,636 (491) 1,145 Total deferred tax 18,522 (9,134) 9,389 2 18,769 (9,893) 8,876 2 of which: related to the US 8,294 8,521 of which: related to other locations 1,095 355 Deferred tax liabilities Cash flow hedges 0 118 Other 236 183 Total deferred tax liabilities 236 300 1 After offset of DTLs, as applicable. 471 m (31 December 2021: USD 77 m) in respect of entities that incurred year. In general, US federal tax losses incurred losses incurred after that date of the either 25% carry-forwards that state and local tax purposes. Unrecognized tax loss carry-forwards USD m 31.12.22 31.12.21 Within 1 year 231 141 From 2 to 5 years 2,184 1,026 From 6 to 10 years 11,106 13,283 From 11 to 20 years 1,610 2,093 No expiry 16,960 18,147 Total 32,091 34,690 of which: related to the US 1 13,350 14,870 of which: related to the UK 14,332 14,909 of which: related to other locations 4,409 4,911 1 Related to UBS AG’s |
UBS AG | |
Entity [Table] | |
Disclosure Of Income Tax Explanatory | Note 8 Income taxes For the year ended USD m 31.12.22 31.12.21 31.12.20 Tax Swiss Current 664 614 417 Deferred (22) 26 107 Total Swiss 642 640 524 Non-Swiss Current 689 857 715 Deferred 513 406 248 Total non-Swiss 1,202 1,263 963 Total income tax expense 1,844 1,903 1,488 Income tax recognized in the income The Swiss current tax expenses related The deferred tax 678 m that (DTAs) Americas 169 m certain entities, primarily in connection The effective tax rate for the year of 20.6 % is lower than our projected 24 %, primarily as a result of the aforementioned deferred tax benefit of USD 169 m in respect of expenses were recognized in › Refer to Note 29 For the year ended USD m 31.12.22 31.12.21 31.12.20 Operating profit / (loss) before tax 8,960 8,964 7,699 of which: Swiss 4,052 2,983 3,042 of which: non-Swiss 4,907 5,981 4,657 Income taxes at Swiss tax rate of 18 % for 2022, 18.5 % for 2021 and 19.5 % for 2020 1,613 1,658 1,501 Increase / (decrease) resulting from: Non-Swiss tax rates differing from Swiss tax rate 267 217 96 Tax effects of losses not recognized 74 124 144 Previously unrecognized tax losses now utilized (217) (179) (212) Non-taxable and lower-taxed income (316) (252) (381) Non-deductible expenses and additional taxable income 414 487 373 Adjustments related to prior years, current (33) (38) (66) Adjustments related to prior years, deferred 19 (3) 18 Change in deferred tax recognition (217) (341) (383) Adjustments to deferred tax balances arising from changes in tax 0 (1) 235 Other items 240 230 163 Income tax expense / (benefit) 1,844 1,903 1,488 The components of operating profit statements and the amounts Component Description Non-Swiss tax rates differing from the Swiss tax rate To Swiss tax rate. This item reflects, rate to the tax expense from the tax benefit rate. Tax not recognized This item relates to tax losses in relation to those losses. Therefore, above is reversed. Previously unrecognized tax now utilized This item relates to taxable previously recorded. the tax expense calculated by applying Non-taxable and lower- taxed income This item relates to tax deductions profits that are either not made for tax purposes, which are Non-deductible expenses and additional taxable income This item relates to additional is recognized for tax purposes well as expenses for the year that are locations). Adjustments related to prior years, This item relates to adjustments tax authorities in an amount Adjustments related to prior years, tax This item relates to adjustments recognized and recognized as DTAs Change in deferred tax recognition This item relates to changes expected future taxable profits. recognized. Adjustments to deferred tax balances arising from changes in tax rates This item relates to remeasurements of changing the future tax of DTAs recognized differences and Other items Other items include other differences benefit, including movements Income tax recognized directly in equity A net tax benefit of USD 1,095 m was recognized in Other comprehensive income 455 m) and a net tax benefit of USD 5 m was recognized in Share premium (2021: net expense 102 m). Deferred tax assets and liabilities UBS temporary differences, as well as deferred tax liabilities in respect of taxable temporary differences, as shown in the table below. management related tax loss carry-forwards The recognition of DTAs opportunities are available that would result in additional future taxable Deferred tax liabilities joint arrangements, temporary difference and it is probable 2022, this exception was not USD m 31.12.22 31.12.21 Deferred tax assets 1 Gross Valuation allowance Recognized Gross Valuation allowance Recognized Tax loss carry-forwards 12,708 (8,720) 3,988 13,636 (9,193) 4,443 Temporary differences 5,774 (408) 5,365 5,092 (696) 4,396 of which: related to real estate costs capitalized for US tax purposes 2,485 0 2,485 2,272 0 2,272 of which: related to compensation and benefits 1,169 (175) 993 1,200 (209) 991 of which: related to cash flow hedges 947 0 947 3 0 3 of which: other 1,173 (233) 940 1,620 (487) 1,133 Total deferred tax 18,482 (9,128) 9,354 2 18,728 (9,889) 8,839 2 of which: related to the US 8,294 8,521 of which: related to other locations 1,060 318 Deferred tax liabilities Cash flow hedges 0 118 Other 233 179 Total deferred tax liabilities 233 297 1 After offset of DTLs, 471 m (31 December 2021: 77 m) in respect of year. In general, US federal tax losses incurred losses incurred after that date of the either 25% carry-forwards that state and local tax purposes. Unrecognized tax loss carry-forwards USD m 31.12.22 31.12.21 Within 1 year 231 141 From 2 to 5 years 2,184 1,026 From 6 to 10 years 11,106 13,283 From 11 to 20 years 1,610 2,093 No expiry 16,960 18,147 Total 32,091 34,690 of which: related to the US 1 13,350 14,870 of which: related to the UK 14,332 14,909 of which: related to other locations 4,409 4,911 1 Related to UBS AG’s |
Financial assets at amortized c
Financial assets at amortized cost and other positions in scope of expected credit loss measurement | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Provision Matrix Explanatory | Balance sheet notes Note 9 The tables credit loss shared table below. › Refer to Note 19 Segment Segment description Description of credit risk sensitivity Business division Private clients with mortgages Lending to private clients secured owner-occupied real estate personal account overdrafts clients Sensitive to the interest rate unemployment levels, real estate values and other regional – Personal & Corporate Banking – Global Wealth Management Real estate financing Rental or income-producing financing to private and corporate clients secured by real Sensitive to unemployment interest rate environment, collateral values and other regional aspects – Personal & Corporate Banking – Global Wealth Management – Investment Bank Large corporate clients Lending to large corporate and multi- national clients Sensitive to GDP developments, unemployment levels, seasonalit business cycles and collateral (diverse collateral, and other collateral types) – Personal & Corporate Banking – Investment Bank SME clients Lending to small and medium corporate clients Sensitive to GDP developments, unemployment levels, the interest environment and, seasonality, values (diverse collateral, estate and other collateral types) – Personal & Corporate Banking Lombard Loans secured by pledges securities, guarantees and of collateral (including concentration hedge funds, private equity and unlisted equities), as well as unsecured lending Sensitive to equity and debt market changes in collateral values) – Global Wealth Management Credit cards Credit card solutions in the US Sensitive to unemployment levels – Personal & Corporate Banking – Global Wealth Management Commodity trade finance Working capital financing of traders, generally extended on a liquidating transactional basis Sensitive primarily to individual transaction structures collateral values (price volatility commodities), debt service is directly linked shipments financed – Personal & Corporate Banking Financial intermediaries and hedge funds Lending to financial institutions pension funds, including exposures broker-dealers and clearing houses Sensitive to GDP development, the interest rate environment, price volatility risks in financial markets, regulatory and political – Personal & Corporate Banking – Investment Bank › Refer to Note 19f The tables certain non-financial instruments that are USD m 31.12.22 Carrying amount 1 ECL allowances Financial instruments measured at Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Cash and balances at central banks 169,445 169,402 44 0 (12) 0 (12) 0 Loans and advances to banks 14,792 14,792 1 0 (6) (5) (1) 0 Receivables from securities financing transactions 67,814 67,814 0 0 (2) (2) 0 0 Cash collateral receivables on derivative 35,032 35,032 0 0 0 0 0 0 Loans and advances to customers 387,220 370,095 15,587 1,538 (783) (129) (180) (474) of which: Private clients with mortgages 156,930 147,651 8,579 699 (161) (27) (107) (28) of which: Real estate financing 46,470 43,112 3,349 9 (41) (17) (23) 0 of which: Large corporate clients 12,226 10,733 1,189 303 (130) (24) (14) (92) of which: SME clients 13,903 12,211 1,342 351 (251) (26) (22) (203) of which: Lombard 132,287 132,196 0 91 (26) (9) 0 (17) of which: Credit cards 1,834 1,420 382 31 (36) (7) (10) (19) of which: Commodity trade finance 3,272 3,261 0 11 (96) (6) 0 (90) Other financial assets measured at amortized cost 53,264 52,704 413 147 (86) (17) (6) (63) of which: Loans to financial advisors 2,611 2,357 128 126 (59) (7) (2) (51) Total financial assets 727,568 709,839 16,044 1,685 (889) (154) (199) (537) Financial assets measured at 2,239 2,239 0 0 0 0 0 0 Total on-balance 729,807 712,078 16,044 1,685 (889) (154) (199) (537) Total exposure ECL provisions Off-balance sheet (within the scope Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Guarantees 22,167 19,805 2,254 108 (48) (13) (9) (26) of which: Large corporate clients 3,663 2,883 721 58 (26) (2) (3) (21) of which: SME clients 1,337 1,124 164 49 (5) (1) (1) (3) of which: Financial intermediaries and hedge funds 11,833 10,513 1,320 0 (12) (8) (4) 0 of which: Lombard 2,376 2,376 0 1 (1) 0 0 (1) of which: Commodity trade finance 2,121 2,121 0 0 (1) (1) 0 0 Irrevocable loan commitments 39,996 37,531 2,341 124 (111) (59) (52) 0 of which: Large corporate clients 23,611 21,488 2,024 99 (93) (49) (45) 0 Forward starting reverse repurchase 3,801 3,801 0 0 0 0 0 0 Committed unconditionally revocable credit lines 41,390 39,521 1,833 36 (40) (32) (8) 0 of which: Real estate financing 8,711 8,528 183 0 (6) (6) 0 0 of which: Large corporate clients 4,578 4,304 268 5 (4) (1) (2) 0 of which: SME clients 4,723 4,442 256 26 (19) (16) (3) 0 of which: Lombard 7,855 7,854 0 1 0 0 0 0 of which: Credit cards 9,390 8,900 487 3 (7) (5) (2) 0 of which: Commodity trade finance 327 327 0 0 0 0 0 0 Irrevocable committed prolongation of existing loans 4,696 4,600 94 2 (2) (2) 0 0 Total off-balance sheet 112,050 105,258 6,522 270 (201) (106) (69) (26) Total allowances and (1,091) (259) (267) (564) 1 The carrying amount USD m 31.12.21 Carrying amount 1 ECL allowances Financial instruments measured at Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Cash and balances at central banks 192,817 192,817 0 0 0 0 0 0 Loans and advances to banks 15,480 15,453 26 1 (8) (7) (1) 0 Receivables from securities financing transactions 75,012 75,012 0 0 (2) (2) 0 0 Cash collateral receivables on derivative 30,514 30,514 0 0 0 0 0 0 Loans and advances to customers 397,761 380,564 15,620 1,577 (850) (126) (152) (572) of which: Private clients with mortgages 152,479 143,505 8,262 711 (132) (28) (71) (33) of which: Real estate financing 43,945 40,463 3,472 9 (60) (19) (40) 0 of which: Large corporate clients 13,990 12,643 1,037 310 (170) (22) (16) (133) of which: SME clients 14,004 12,076 1,492 436 (259) (19) (15) (225) of which: Lombard 149,283 149,255 0 27 (33) (6) 0 (28) of which: Credit cards 1,716 1,345 342 29 (36) (10) (9) (17) of which: Commodity trade finance 3,813 3,799 7 7 (114) (6) 0 (108) Other financial assets measured at amortized cost 26,209 25,718 302 189 (109) (27) (7) (76) of which: Loans to financial advisors 2,453 2,184 106 163 (86) (19) (3) (63) Total financial assets 737,794 720,079 15,948 1,767 (969) (161) (160) (647) Financial assets measured at 8,844 8,844 0 0 0 0 0 0 Total on-balance 746,638 728,923 15,948 1,767 (969) (161) (160) (647) Total exposure ECL provisions Off-balance sheet (within the scope Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Guarantees 20,972 19,695 1,127 150 (41) (18) (8) (15) of which: Large corporate clients 3,464 2,567 793 104 (6) (3) (3) 0 of which: SME clients 1,353 1,143 164 46 (8) (1) (1) (7) of which: Financial intermediaries and hedge funds 9,575 9,491 84 0 (17) (13) (4) 0 of which: Lombard 2,454 2,454 0 0 (1) 0 0 (1) of which: Commodity trade finance 3,137 3,137 0 0 (1) (1) 0 0 Irrevocable loan commitments 39,478 37,097 2,335 46 (114) (72) (42) 0 of which: Large corporate clients 23,922 21,811 2,102 9 (100) (66) (34) 0 Forward starting reverse repurchase 1,444 1,444 0 0 0 0 0 0 Committed unconditionally revocable credit lines 40,778 38,207 2,508 63 (38) (28) (10) 0 of which: Real estate financing 7,328 7,046 281 0 (5) (4) (1) 0 of which: Large corporate clients 5,358 4,599 736 23 (7) (4) (3) 0 of which: SME clients 5,160 4,736 389 35 (15) (11) (3) 0 of which: Lombard 8,670 8,670 0 0 0 0 0 0 of which: Credit cards 9,466 9,000 462 4 (6) (5) (2) 0 of which: Commodity trade finance 117 117 0 0 0 0 0 0 Irrevocable committed prolongation of existing loans 5,611 5,527 36 48 (3) (3) 0 0 Total off-balance sheet 108,284 101,971 6,006 307 (196) (121) (60) (15) Total allowances and (1,165) (282) (220) (662) 1 The carrying amount Coverage ratios are carrying amount Loans and Loans to financial advisors . These ratios are influenced by the following – Lombard loans are generally secured with marketable securities in strict lending policies that are intended – mortgage loans low loan-to-value ratios – the amount of unsecured – lending in Switzerland includes government – contractual Lombard between one and two years with related loan – write-offs of or forgiven, reduces the coverage ratios. The total 21 1 point lower than on 31 December 2021. The combined stage 1 and 2 ratio of 10 with 31 December 2021; 2 31.12.22 Gross carrying amount (USD ECL coverage (bps) On-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 157,091 147,678 8,686 727 10 2 123 9 381 Real estate financing 46,511 43,129 3,372 9 9 4 70 9 232 Total real estate lending 203,602 190,807 12,059 736 10 2 108 9 379 Large corporate clients 12,356 10,757 1,204 395 105 22 120 32 2,325 SME clients 14,154 12,237 1,364 553 177 22 161 36 3,664 Total corporate lending 26,510 22,994 2,567 949 144 22 142 34 3,106 Lombard 132,313 132,205 0 108 2 1 0 1 1,580 Credit cards 1,869 1,427 393 50 190 46 256 91 3,779 Commodity trade finance 3,367 3,266 0 101 285 18 0 18 8,901 Other loans and advances to customers 20,342 19,525 748 68 21 7 38 8 3,769 Loans to financial advisors 2,670 2,364 130 176 221 28 124 33 2,870 Total other lending 160,561 158,787 1,270 503 16 3 114 4 4,016 Total 1 390,672 372,588 15,896 2,188 22 4 114 8 2,398 Gross exposure (USD m) ECL coverage (bps) Off-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 6,535 6,296 236 3 5 4 18 4 1,183 Real estate financing 10,054 9,779 275 0 6 7 0 6 0 Total real estate lending 16,589 16,075 511 3 6 6 2 6 1,288 Large corporate clients 32,126 28,950 3,013 163 38 18 165 32 1,263 SME clients 7,122 6,525 499 98 47 30 214 43 304 Total corporate lending 39,247 35,475 3,513 260 40 20 172 34 903 Lombard 12,919 12,918 0 1 2 1 0 1 0 Credit cards 9,390 8,900 487 3 7 5 36 7 0 Commodity trade finance 2,459 2,459 0 0 3 3 0 3 0 Financial intermediaries and hedge funds 15,841 14,177 1,664 0 9 7 25 9 0 Other off-balance sheet commitments 11,803 11,454 346 3 11 8 68 9 0 Total other lending 52,412 49,907 2,498 7 7 5 33 6 0 Total 2 108,249 101,457 6,522 270 19 10 106 16 980 Total on- 3 498,921 474,045 22,418 2,458 21 5 112 10 2,242 1 Includes Loans and advances and securities borrowing agreements. Includes on-balance-sheet 31.12.21 Gross carrying amount (USD ECL coverage (bps) On-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 152,610 143,533 8,333 744 9 2 85 6 446 Real estate financing 44,004 40,483 3,512 10 14 5 114 14 231 Total real estate lending 196,615 184,016 11,845 754 10 3 94 8 443 Large corporate clients 14,161 12,665 1,053 443 120 18 148 28 2,997 SME clients 14,263 12,095 1,507 661 182 16 103 25 3,402 Total corporate lending 28,424 24,760 2,560 1,104 151 17 121 26 3,240 Lombard 149,316 149,261 0 55 2 0 0 0 5,026 Credit cards 1,752 1,355 351 46 204 72 255 109 3,735 Commodity trade finance 3,927 3,805 7 115 290 15 3 15 9,388 Other loans and advances to customers 18,578 17,493 1,010 75 25 9 15 10 3,730 Loans to financial advisors 2,539 2,203 109 226 338 88 303 99 2,791 Total other lending 176,111 174,117 1,477 517 18 3 93 4 4,718 Total 1 401,150 382,893 15,882 2,374 23 4 98 8 2,673 Gross exposure (USD m) ECL coverage (bps) Off-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 9,123 8,798 276 49 3 3 9 3 15 Real estate financing 8,766 8,481 285 0 9 7 88 9 0 Total real estate lending 17,889 17,278 562 49 6 5 49 6 15 Large corporate clients 32,748 28,981 3,630 136 34 25 110 35 1 SME clients 8,077 7,276 688 114 38 19 151 30 585 Total corporate lending 40,826 36,258 4,318 250 35 24 117 34 266 Lombard 14,438 14,438 0 0 1 0 0 0 0 Credit cards 9,466 9,000 462 4 7 5 34 7 0 Commodity trade finance 3,262 3,262 0 0 4 4 0 4 0 Financial intermediaries and hedge funds 12,153 11,784 369 0 15 12 120 15 0 Other off-balance sheet commitments 8,806 8,507 296 4 15 6 30 7 0 Total other lending 48,126 46,991 1,127 8 9 5 61 7 0 Total 2 106,840 100,527 6,006 307 18 12 100 17 486 Total on- 3 507,990 483,420 21,888 2,681 22 6 99 10 2,423 1 Includes Loans and securities borrowing agreements. |
UBS AG | |
Entity [Table] | |
Disclosure Of Provision Matrix Explanatory | Balance sheet notes Note 9 The tables credit loss (ECL) on shared risk characteristics and table below. › Refer to Note 19 Segment Segment description Description of credit risk sensitivity Business division Private clients with mortgages Lending to private clients secured owner-occupied real estate personal account overdrafts clients Sensitive to the interest rate unemployment levels, real estate values and other regional – Personal & Corporate Banking – Global Wealth Management Real estate financing Rental or income-producing financing to private and corporate clients secured by real Sensitive to unemployment interest rate environment, collateral values and other regional aspects – Personal & Corporate Banking – Global Wealth Management – Investment Bank Large corporate clients Lending to large corporate and multi- national clients Sensitive to GDP developments, unemployment levels, seasonalit business cycles and collateral (diverse collateral, and other collateral types) – Personal & Corporate Banking – Investment Bank SME clients Lending to small and medium corporate clients Sensitive to GDP developments, unemployment levels, the interest environment and, seasonality, values (diverse collateral, estate and other collateral types) – Personal & Corporate Banking Lombard Loans secured by pledges securities, guarantees and of collateral (including concentration hedge funds, private equity and unlisted equities), as well as unsecured lending Sensitive to equity and debt market changes in collateral values) – Global Wealth Management Credit cards Credit card solutions in the US Sensitive to unemployment levels – Personal & Corporate Banking – Global Wealth Management Commodity trade finance Working capital financing of traders, generally extended on a liquidating transactional basis Sensitive primarily to individual transaction structures collateral values (price volatility commodities), debt service is directly linked shipments financed – Personal & Corporate Banking Financial intermediaries and hedge funds Lending to financial institutions pension funds, including exposures broker-dealers and clearing houses Sensitive to GDP development, the interest rate environment, price volatility risks in financial markets, regulatory and political – Personal & Corporate Banking – Investment Bank › Refer to Note 19f The tables certain non-financial instruments that are USD m 31.12.22 Carrying amount 1 ECL allowances Financial instruments measured Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Cash and balances at central banks 169,445 169,402 44 0 (12) 0 (12) 0 Loans and advances to banks 14,671 14,670 1 0 (6) (5) (1) 0 Receivables from securities financing transactions 67,814 67,814 0 0 (2) (2) 0 0 Cash collateral receivables on derivative 35,033 35,033 0 0 0 0 0 0 Loans and advances to customers 390,027 372,903 15,587 1,538 (783) (129) (180) (474) of which: Private clients with mortgages 156,930 147,651 8,579 699 (161) (27) (107) (28) of which: Real estate financing 46,470 43,112 3,349 9 (41) (17) (23) 0 of which: Large corporate clients 12,226 10,733 1,189 303 (130) (24) (14) (92) of which: SME clients 13,903 12,211 1,342 351 (251) (26) (22) (203) of which: Lombard 132,287 132,196 0 91 (26) (9) 0 (17) of which: Credit cards 1,834 1,420 382 31 (36) (7) (10) (19) of which: Commodity trade finance 3,272 3,261 0 11 (96) (6) 0 (90) Other financial assets measured at amortized cost 53,389 52,829 413 147 (86) (17) (6) (63) of which: Loans to financial advisors 2,611 2,357 128 126 (59) (7) (2) (51) Total financial assets 730,379 712,651 16,044 1,685 (890) (154) (199) (537) Financial assets measured at 2,239 2,239 0 0 0 0 0 0 Total on-balance 732,618 714,889 16,044 1,685 (890) (154) (199) (537) Total exposure ECL provisions Off-balance sheet (within the Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Guarantees 22,167 19,805 2,254 108 (48) (13) (9) (26) of which: Large corporate clients 3,663 2,883 721 58 (26) (2) (3) (21) of which: SME clients 1,337 1,124 164 49 (5) (1) (1) (3) of which: Financial intermediaries and hedge funds 11,833 10,513 1,320 0 (12) (8) (4) 0 of which: Lombard 2,376 2,376 0 1 (1) 0 0 (1) of which: Commodity trade finance 2,121 2,121 0 0 (1) (1) 0 0 Irrevocable loan commitments 39,996 37,531 2,341 124 (111) (59) (52) 0 of which: Large corporate clients 23,611 21,488 2,024 99 (93) (49) (45) 0 Forward starting reverse repurchase 3,801 3,801 0 0 0 0 0 0 Committed unconditionally revocable credit lines 43,677 41,809 1,833 36 (40) (32) (8) 0 of which: Real estate financing 8,711 8,528 183 0 (6) (6) 0 0 of which: Large corporate clients 4,578 4,304 268 5 (4) (1) (2) 0 of which: SME clients 4,723 4,442 256 26 (19) (16) (3) 0 of which: Lombard 7,855 7,854 0 1 0 0 0 0 of which: Credit cards 9,390 8,900 487 3 (7) (5) (2) 0 of which: Commodity trade finance 327 327 0 0 0 0 0 0 Irrevocable committed prolongation of existing loans 4,696 4,600 94 2 (2) (2) 0 0 Total off-balance sheet 114,337 107,545 6,522 270 (201) (106) (69) (26) Total allowances and (1,091) (260) (267) (564) 1 The carrying amount USD m 31.12.21 Carrying amount 1 ECL allowances Financial instruments measured Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Cash and balances at central banks 192,817 192,817 0 0 0 0 0 0 Loans and advances to banks 15,360 15,333 26 1 (8) (7) (1) 0 Receivables from securities financing transactions 75,012 75,012 0 0 (2) (2) 0 0 Cash collateral receivables on derivative 30,514 30,514 0 0 0 0 0 0 Loans and advances to customers 398,693 381,496 15,620 1,577 (850) (126) (152) (572) of which: Private clients with mortgages 152,479 143,505 8,262 711 (132) (28) (71) (33) of which: Real estate financing 43,945 40,463 3,472 9 (60) (19) (40) 0 of which: Large corporate clients 13,990 12,643 1,037 310 (170) (22) (16) (133) of which: SME clients 14,004 12,076 1,492 436 (259) (19) (15) (225) of which: Lombard 149,283 149,255 0 27 (33) (6) 0 (28) of which: Credit cards 1,716 1,345 342 29 (36) (10) (9) (17) of which: Commodity trade finance 3,813 3,799 7 7 (114) (6) 0 (108) Other financial assets measured at amortized cost 26,236 25,746 302 189 (109) (27) (7) (76) of which: Loans to financial advisors 2,453 2,184 106 163 (86) (19) (3) (63) Total financial assets 738,632 720,917 15,948 1,767 (969) (161) (160) (647) Financial assets measured at 8,844 8,844 0 0 0 0 0 0 Total on-balance 747,477 729,762 15,948 1,767 (969) (161) (160) (647) Total exposure ECL provisions Off-balance sheet (within the Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Guarantees 20,972 19,695 1,127 150 (41) (18) (8) (15) of which: Large corporate clients 3,464 2,567 793 104 (6) (3) (3) 0 of which: SME clients 1,353 1,143 164 46 (8) (1) (1) (7) of which: Financial intermediaries and hedge funds 9,575 9,491 84 0 (17) (13) (4) 0 of which: Lombard 2,454 2,454 0 0 (1) 0 0 (1) of which: Commodity trade finance 3,137 3,137 0 0 (1) (1) 0 0 Irrevocable loan commitments 39,478 37,097 2,335 46 (114) (72) (42) 0 of which: Large corporate clients 23,922 21,811 2,102 9 (100) (66) (34) 0 Forward starting reverse repurchase 1,444 1,444 0 0 0 0 0 0 Committed unconditionally revocable credit lines 42,373 39,802 2,508 63 (38) (28) (10) 0 of which: Real estate financing 7,328 7,046 281 0 (5) (4) (1) 0 of which: Large corporate clients 5,358 4,599 736 23 (7) (4) (3) 0 of which: SME clients 5,160 4,736 389 35 (15) (11) (3) 0 of which: Lombard 8,670 8,670 0 0 0 0 0 0 of which: Credit cards 9,466 9,000 462 4 (6) (5) (2) 0 of which: Commodity trade finance 117 117 0 0 0 0 0 0 Irrevocable committed prolongation of existing loans 5,611 5,527 36 48 (3) (3) 0 0 Total off-balance sheet 109,878 103,565 6,006 307 (196) (121) (60) (15) Total allowances and (1,165) (282) (220) (662) 1 The carrying amount Coverage ratios are carrying amount Loans and Loans to financial advisors . These ratios are influenced by the following – Lombard loans are generally secured with marketable securities in strict lending policies that are intended – mortgage loans low loan-to-value ratios – the amount of unsecured – lending in Switzerland includes government – contractual Lombard between one and two years with related loan – write-offs of or forgiven, reduces the coverage ratios. The total 21 1 point lower than on 31 December 2021. The combined stage 1 and 2 ratio of 10 with 31 December 2021; 2 31.12.22 Gross carrying amount (USD ECL coverage (bps) On-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 157,091 147,678 8,686 727 10 2 123 9 381 Real estate financing 46,511 43,129 3,372 9 9 4 70 9 232 Total real estate lending 203,602 190,807 12,059 736 10 2 108 9 379 Large corporate clients 12,356 10,757 1,204 395 105 22 120 32 2,325 SME clients 14,154 12,237 1,364 553 177 22 161 36 3,664 Total corporate lending 26,510 22,994 2,567 949 144 22 142 34 3,106 Lombard 132,313 132,205 0 108 2 1 0 1 1,580 Credit cards 1,869 1,427 393 50 190 46 256 91 3,779 Commodity trade finance 3,367 3,266 0 101 285 18 0 18 8,901 Other loans and advances to customers 23,149 22,333 748 68 18 6 38 7 3,769 Loans to financial advisors 2,670 2,364 130 176 221 28 124 33 2,870 Total other lending 163,368 161,595 1,270 503 16 3 114 3 4,016 Total 1 393,480 375,396 15,896 2,188 21 4 114 8 2,398 Gross exposure (USD m) ECL coverage (bps) Off-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 6,535 6,296 236 3 5 4 18 4 1,183 Real estate financing 10,054 9,779 275 0 6 7 0 6 0 Total real estate lending 16,589 16,075 511 3 6 6 2 6 1,288 Large corporate clients 32,126 28,950 3,013 163 38 18 165 32 1,263 SME clients 7,122 6,525 499 98 47 30 214 43 304 Total corporate lending 39,247 35,475 3,513 260 40 20 172 34 903 Lombard 12,919 12,918 0 1 2 1 0 1 0 Credit cards 9,390 8,900 487 3 7 5 36 7 0 Commodity trade finance 2,459 2,459 0 0 3 3 0 3 0 Financial intermediaries and hedge funds 18,128 16,464 1,664 0 7 6 25 7 0 Other off-balance sheet commitments 11,803 11,454 346 3 11 8 68 9 0 Total other lending 54,700 52,195 2,498 7 6 5 33 6 0 Total 2 110,537 103,745 6,522 270 18 10 106 16 980 Total on- 3 504,016 479,140 22,418 2,458 21 5 112 10 2,242 1 Includes Loans and securities borrowing agreements. 31.12.21 Gross carrying amount (USD ECL coverage (bps) On-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 152,610 143,533 8,333 744 9 2 85 6 446 Real estate financing 44,004 40,483 3,512 10 14 5 114 14 231 Total real estate lending 196,615 184,016 11,845 754 10 3 94 8 443 Large corporate clients 14,161 12,665 1,053 443 120 18 148 28 2,997 SME clients 14,263 12,095 1,507 661 182 16 103 25 3,402 Total corporate lending 28,424 24,760 2,560 1,104 151 17 121 26 3,240 Lombard 149,316 149,261 0 55 2 0 0 0 5,026 Credit cards 1,752 1,355 351 46 204 72 255 109 3,735 Commodity trade finance 3,927 3,805 7 115 290 15 3 15 9,388 Other loans and advances to customers 19,510 18,425 1,010 75 23 9 15 9 3,730 Loans to financial advisors 2,539 2,203 109 226 338 88 303 99 2,791 Total other lending 177,043 175,049 1,477 517 18 3 93 4 4,718 Total 1 402,081 383,825 15,882 2,374 23 4 98 8 2,673 Gross exposure (USD m) ECL coverage (bps) Off-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 9,123 8,798 276 49 3 3 9 3 15 Real estate financing 8,766 8,481 285 0 9 7 88 9 0 Total real estate lending 17,889 17,278 562 49 6 5 49 6 15 Large corporate clients 32,748 28,981 3,630 136 34 25 110 35 1 SME clients 8,077 7,276 688 114 38 19 151 30 585 Total corporate lending 40,826 36,258 4,318 250 35 24 117 34 266 Lombard 14,438 14,438 0 0 1 0 0 0 0 Credit cards 9,466 9,000 462 4 7 5 34 7 0 Commodity trade finance 3,262 3,262 0 0 4 4 0 4 0 Financial intermediaries and hedge funds 13,747 13,379 369 0 13 10 120 13 0 Other off-balance sheet commitments 8,806 8,507 296 4 15 6 30 7 0 Total other lending 49,720 48,585 1,127 8 8 5 61 7 0 Total 2 108,434 102,121 6,006 307 18 12 100 17 486 Total on- 3 510,516 485,946 21,888 2,681 22 5 99 9 2,423 1 Includes Loans and securities borrowing agreements. |
Derivative instruments
Derivative instruments | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Derivative Financial Instruments Explanatory | Note 10 Overview Over-the-counter (OTC) derivative contracts are Association (ISDA) its counterparties. Terms are negotiat mechanisms prescribed by ISDA or similar houses, in particular interest rate swaps with LCH, where a settled-to-market method has been generally adopted, under which Regulators margins on certain OTC derivative contracts, Exchange-traded derivatives (ETD) are sold changes in value and, Most structuring and marketing of derivative products to customers to enable or expected quoting volume. The Group also › Refer to Notes 15 › Refer to Note 25 Risks of derivative The exposure; however, the positive replacement values related to of the the one hand, replacement values can increase over time (potential future exposure), while, on the other hand, may be mitigated measures used these additional factors. › Refer to Note 21 permitted under › Refer to the “Risk instruments Derivative instruments 31.12.22 31.12.21 USD bn Derivative financial assets Notional amounts related to derivative financial assets 2,3 Derivative financial liabilities Notional amounts related to derivative financial liabilities 2,3 Other notional amounts 2,4 Derivative financial assets Notional amounts related to derivative financial assets 2,3 Derivative financial liabilities Notional amounts related to derivative financial liabilities 2,3 Other notional amounts 2,4 Interest rate contracts 39.8 1,057.4 37.5 1,022.9 11,255.4 33.2 991.2 28.7 943.1 8,675.1 of which: forwards (OTC) 1 0.2 37.7 0.0 34.6 792.7 0.1 29.4 0.2 28.6 443.6 of which: swaps (OTC) 25.2 326.1 19.8 281.0 9,728.6 26.4 394.3 19.2 344.1 7,549.4 of which: options (OTC) 14.2 687.5 17.5 705.0 6.6 545.2 9.2 553.6 of which: futures (ETD) 606.3 525.0 of which: options (ETD) 0.0 6.1 0.0 2.2 127.7 0.0 22.4 0.0 16.8 157.1 Credit derivative contracts 1.0 36.8 1.2 37.1 1.4 44.7 1.8 46.3 of which: credit default swaps (OTC) 0.9 34.2 1.0 36.8 1.3 39.4 1.6 44.1 of which: total return swaps (OTC) 0.1 0.9 0.2 0.3 0.1 1.3 0.2 1.7 Foreign exchange contracts 85.5 3,087.1 88.5 2,992.7 40.1 53.3 3,030.8 54.1 2,938.8 1.2 of which: forwards (OTC) 26.5 853.4 28.6 910.2 23.8 1,008.9 23.8 1,043.2 of which: swaps (OTC) 49.6 1,679.3 50.4 1,553.7 38.4 24.3 1,606.3 24.9 1,480.3 of which: options (OTC) 9.3 551.6 9.2 521.6 5.2 412.6 5.3 408.6 Equity contracts 22.2 384.5 26.1 501.3 63.4 28.2 456.9 34.9 603.9 80.1 of which: swaps (OTC) 5.3 95.5 6.6 122.0 4.7 105.7 9.3 154.8 of which: options (OTC) 2.8 51.6 4.4 89.0 4.6 61.4 6.5 102.3 of which: futures (ETD) 52.2 71.2 of which: options (ETD) 9.0 237.0 8.1 289.7 11.2 10.2 289.6 9.8 346.3 8.8 of which: client-cleared transactions (ETD) 5.1 7.0 8.6 9.4 Commodity contracts 1.4 68.1 1.4 64.2 17.6 1.6 57.8 1.6 56.4 14.7 of which: swaps (OTC) 0.5 19.3 0.7 19.3 0.5 19.9 0.8 25.4 of which: options (OTC) 0.4 15.8 0.3 13.3 0.4 14.0 0.2 10.4 of which: futures (ETD) 16.4 13.9 of which: forwards 0.0 24.5 0.0 23.2 0.0 18.1 0.0 15.2 of which: client-cleared transactions (ETD) 0.2 0.3 0.6 0.4 Loan commitments measured at FVTPL (OTC) 0.0 0.9 0.0 3.7 0.0 0.8 0.0 8.2 Unsettled purchases of non-derivative financial instruments 5 0.1 12.1 0.1 9.4 0.1 13.3 0.2 10.6 Unsettled sales of non-derivative instruments 5 0.1 13.0 0.0 10.7 0.2 18.2 0.1 9.4 Total derivative instruments, based on IFRS netting 6 150.1 4,659.9 154.9 4,641.9 11,376.5 118.1 4,613.8 121.3 4,616.6 8,771.1 1 Includes certain forward starting repurchase and reverse derivative financial amounts of client-cleared cleared through either a central instruments and Cash between trade date and settlement enforceable right to offset the rec a net basis or to realize the asset On 46 % (31 December 2021: 40 %) mature within 32 % (31 December 2021: 36 %) within one 22 % 31 December 2021: 25 %) after five years. Notional amounts of interest rate contracts cleared settled or economically Other notional amounts are categorized into maturity buckets Other notional 2.6 trn compared mainly compression activity. |
UBS AG | |
Entity [Table] | |
Disclosure Of Derivative Financial Instruments Explanatory | Note 10 Overview Over-the-counter (OTC) derivative contracts are Association (ISDA) and settlement through clearing houses, in adopted, derivatives. Regulators variation margins on certain OTC derivative Exchange-traded derivatives (ETD) are standardized sold changes in value and, Most of UBS AG’s derivative and marketing of derivative products to risks. Market-making aims to directly support the offer prices to other market participants with the aim of generating uses various derivative instruments for › Refer to Notes 15 › Refer to Note 25 Risks of derivative The derivative financial assets shown on the balance sheet can be an important component of UBS AG’s credit exposure; however, AG’s hand, replacement values can increase over time (potential mitigated by entering into master netting agreements and bilateral collateral arrangements. Both the exposure measures used internally factors. › Refer to Note 21 permitted under › Refer to the “Risk instruments Derivative instruments 31.12.22 31.12.21 USD bn Derivative financial assets Notional amounts related to derivative financial assets 2,3 Derivative financial liabilities Notional amounts related to derivative financial liabilities 2,3 Other notional amounts 2,4 Derivative financial assets Notional amounts related to derivative financial assets 2,3 Derivative financial liabilities Notional amounts related to derivative financial liabilities 2,3 Other notional amounts 2,4 Interest rate contracts 39.8 1,057.4 37.5 1,022.9 11,255.4 33.2 991.2 28.7 943.1 8,675.1 of which: forwards (OTC) 1 0.2 37.7 0.0 34.6 792.7 0.1 29.4 0.2 28.6 443.6 of which: swaps (OTC) 25.2 326.1 19.8 281.0 9,728.6 26.4 394.3 19.2 344.1 7,549.4 of which: options (OTC) 14.2 687.5 17.5 705.0 6.6 545.2 9.2 553.6 of which: futures (ETD) 606.3 525.0 of which: options (ETD) 0.0 6.1 0.0 2.2 127.7 0.0 22.4 0.0 16.8 157.1 Credit derivative contracts 1.0 36.8 1.2 37.1 1.4 44.7 1.8 46.3 of which: credit default swaps (OTC) 0.9 34.2 1.0 36.8 1.3 39.4 1.6 44.1 of which: total return swaps (OTC) 0.1 0.9 0.2 0.3 0.1 1.3 0.2 1.7 Foreign exchange contracts 85.5 3,087.3 88.5 2,992.7 40.1 53.3 3,031.0 54.1 2,938.8 1.2 of which: forwards (OTC) 26.5 853.6 28.6 910.2 23.8 1,009.1 23.8 1,043.2 of which: swaps (OTC) 49.6 1,679.3 50.4 1,553.7 38.4 24.3 1,606.4 24.9 1,480.3 of which: options (OTC) 9.3 551.6 9.2 521.6 5.2 412.6 5.3 408.6 Equity contracts 22.2 384.5 26.1 501.3 63.4 28.2 456.9 34.9 603.9 80.1 of which: swaps (OTC) 5.3 95.5 6.6 122.0 4.7 105.7 9.3 154.8 of which: options (OTC) 2.8 51.6 4.4 89.0 4.6 61.4 6.5 102.3 of which: futures (ETD) 52.2 71.2 of which: options (ETD) 9.0 237.0 8.1 289.7 11.2 10.2 289.6 9.8 346.3 8.8 of which: client-cleared transactions (ETD) 5.1 7.0 8.6 9.4 Commodity contracts 1.4 68.1 1.4 64.2 17.6 1.6 57.8 1.6 56.4 14.7 of which: swaps (OTC) 0.5 19.3 0.7 19.3 0.5 19.9 0.8 25.4 of which: options (OTC) 0.4 15.8 0.3 13.3 0.4 14.0 0.2 10.4 of which: futures (ETD) 16.4 13.9 of which: forwards 0.0 24.5 0.0 23.2 0.0 18.1 0.0 15.2 of which: client-cleared transactions (ETD) 0.2 0.3 0.6 0.4 Loan commitments measured at FVTPL (OTC) 0.0 0.9 0.0 3.7 0.0 0.8 0.0 8.2 Unsettled purchases of non-derivative financial instruments 5 0.1 12.1 0.1 9.4 0.1 13.3 0.2 10.6 Unsettled sales of non-derivative instruments 5 0.1 13.0 0.0 10.7 0.2 18.2 0.1 9.4 Total derivative instruments, based on IFRS netting 6 150.1 4,660.1 154.9 4,642.0 11,376.5 118.1 4,614.0 121.3 4,616.6 8,771.1 1 Includes certain forward starting repurchase derivative financial amounts of client-cleared cleared through either a central instruments and Cash between trade date legally enforceable right settle on a net basis or to realize On 46 % (31 December 2021: 40 %) mature within 32 % (31 December 2021: 36 %) within one 22 % 31 December 2021: 25 %) after five years. Notional amounts of interest rate contracts cleared settled or economically Other notional amounts are categorized into maturity buckets Other notional 2.6 trn compared mainly compression activity. |
Property, equipment and softwar
Property, equipment and software | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of property, equipment and software [text block] | Note 11 At historical cost less accumulated depreciation USD m Owned properties and equipment 1 Leased properties and equipment 2 Software Projects in progress 2022 3 2021 3 Historical cost Balance at the beginning of the year 13,048 4,174 8,642 1,250 27,113 26,238 Additions 162 412 300 1,182 2,057 2,090 Disposals / write-offs 4 (333) (62) (106) 0 (501) (751) Reclassifications (1,073) 0 1,151 (1,301) (1,223) (18) Foreign currency translation (217) (65) (42) 5 (319) (445) Balance at the end of the year 11,587 4,459 9,944 1,136 27,127 27,113 Accumulated depreciation Balance at the beginning of the year 8,072 1,346 4,807 14,225 13,129 Depreciation 577 451 1,005 2,033 2,078 Impairment 5 3 0 0 3 10 Disposals / write-offs 4 (332) (59) (106) (497) (737) Reclassifications (761) (1) 0 (761) (12) Foreign currency translation (135) (24) (6) (164) (243) Balance at the end of the year 7,425 1,714 5,699 14,839 14,225 Net book value Net book value at the beginning of the year 4,976 2,828 3,835 1,250 12,888 13,109 Net book value at the end of the 4,162 2,746 4,245 1,136 6 12,288 12,888 1 Includes leasehold relation to real estate, including offices, 614 m (2021: USD 657 m). Interest expense on lease liabilities is included within Interest expense from financial material gains or losses arising current assets held for a value in use approach was 939 m related to software 197 m related to Owned properties |
UBS AG | |
Entity [Table] | |
Disclosure of property, equipment and software [text block] | Note 11 At historical cost less accumulated depreciation USD m Owned properties and equipment 1 Leased properties and equipment 2 Software Projects in progress 2022 3 2021 3 Historical cost Balance at the beginning of the year 11,494 3,994 7,924 1,130 24,542 23,785 Additions 90 1 380 330 1,059 1,859 1,789 Disposals / write-offs 4 (284) (48) (81) 0 (414) (632) Reclassifications (796) 0 1,052 (1,150) (894) (18) Foreign currency translation (152) (50) (5) 7 (200) (381) Balance at the end of the year 10,352 4,275 9,220 1,046 24,893 24,542 Accumulated depreciation Balance at the beginning of the year 7,178 1,272 4,380 12,830 11,827 Depreciation 463 430 926 1,819 1,835 Impairment 5 2 0 0 2 9 Disposals / write-offs 4 (283) (45) (81) (410) (619) Reclassifications (565) (1) 0 (566) (12) Foreign currency translation (98) (18) 17 (99) (210) Balance at the end of the year 6,697 1,638 5,242 13,577 12,830 Net book value Net book value at the beginning of the year 4,316 2,722 3,544 1,130 11,712 11,958 Net book value at the end of the 3,655 2,637 3,978 1,046 6 11,316 11,712 1 Includes leasehold improvements and IT hardware. in relation to 589 m (2021: USD 632 m). Interest expense Interest expense from were no material other non-current assets held for based on a value in use approach 858 m related to software and 188 m related to Owned properties |
Goodwill and intangible assets
Goodwill and intangible assets | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Intangible Assets And Goodwill Explanatory | Note 12 Introduction UBS performs an impairment test on UBS considers Asset Management level at which the performance that a which mainly affected the Americas portion of despite the separately considered for of EMEA, Asia Pacific and Global). The impairment with the carrying amount of the respective on their value in use. An As 6.0 bn, 3.7 bn carried by the 1.2 bn was Switzerland and International CGU, and USD 1.2 bn was carried by Asset Management. Based on the impairment testing methodology CGUs were not impaired. Methodology for goodwill impairment The recoverable that consider features sum of the adjusted for the effect of the capital period. The the third-year profit, the The carrying amount for framework, attributes equity to the businesses on the include resource allocations from Group Functions to the business divisions), their goodwill and their intangible assets, as well as the purpose of measuring the performance of the businesses equity is equal to the approximation planning process, the inputs › Refer to the “Capital, attribution framework Assumptions Valuation applicable. The available to shareholders in years one to rate. The applied Earnings approved by the Board The quantitative and qualitative inputs from both internal and external analysts and into account term growth rates are determined at the regional Key reasonably possible 20 %, the by 1.5 percentage , and - term 0.75 impairment assets reported Management Management Switzerland If the estimated earnings and other assumptions in future attributable to Asset Management may become impaired in the future, giving rise to impairment affect cash flows and, as goodwill is required to be deducted from capital would be expected on Discount and growth rates Discount rates Growth rates In % 31.12.22 31.12.21 31.12.22 31.12.21 Global Wealth Management Americas 10.5 9.5 3.8 4.0 Global Wealth Management Switzerland and International 9.4 8.5 3.6 3.1 Asset Management 9.5 8.5 3.4 2.9 USD m Goodwill Intangible assets 1 2022 2021 Historical cost Balance at the beginning of the year 6,126 1,612 7,739 7,865 Additions 0 0 0 1 Disposals 2 (22) 0 (22) (3) Write-offs 0 0 0 (41) Foreign currency translation (61) (14) (76) (83) Balance at the end of the year 6,043 1,598 7,641 7,739 Accumulated amortization and Balance at the beginning of the year 1,360 1,360 1,385 Amortization 26 26 31 Impairment / (reversal of impairment) (1) (1) (1) Write-offs 0 0 (41) Foreign currency translation (11) (11) (13) Balance at the end of the year 1,374 1,374 1,360 Net book value at the end of the 6,043 224 6,267 6,378 of which: Global Wealth Management Americas 3,709 31 3,740 3,760 of which: Global Wealth Management Switzerland 1,166 59 1,225 1,276 of which: Asset Management 1,167 0 1,167 1,202 of which: Investment Bank 0 135 135 139 1 Intangible 2 Reflects the derecognition The table below presents USD m Intangible assets Estimated aggregated amortization 2023 26 2024 24 2025 23 2026 23 2027 22 Thereafter 104 Not amortized due to indefinite useful life 2 Total 224 |
UBS AG | |
Entity [Table] | |
Disclosure Of Intangible Assets And Goodwill Explanatory | Note 12 Introduction UBS AG performs an impairment test UBS AG considers Asset Management the level at which Given that 2000, Americas, Management International (consisting of EMEA, The impairment with the based on their value in use. An impairment charge is As 6.0 bn, 3.7 bn carried by the 1.2 bn was Switzerland and International CGU, and USD 1.2 bn was carried by Asset Management. Based on the impairment testing methodology described below, UBS AG concluded that the CGUs were not impaired. Methodology for goodwill impairment The recoverable that consider features sum of the adjusted for the effect of the capital period. The the third-year profit, the The framework, attributes equity to the businesses on the include resource allocations from Group Functions to the business divisions), their goodwill and their intangible assets, as well as the purpose of measuring the performance of the businesses equity is equal to the approximation planning process, the inputs › Refer to the “Capital, attribution framework Assumptions Valuation applicable. The available to shareholders in years one to rate. The applied Earnings approved by the Board The quantitative and qualitative inputs from both internal and external analysts and into account term growth rates are determined at the regional Key reasonably possible 20 %, the 1.5 percentage , and - term 0.75 impairment assets reported Management Switzerland If the estimated earnings and other assumptions in future attributable to Asset Management may become impaired in the future, giving rise to impairment affect cash flows and, as goodwill is required to be deducted from capital would be expected on Discount and growth rates Discount rates Growth rates In % 31.12.22 31.12.21 31.12.22 31.12.21 Global Wealth Management Americas 10.5 9.5 3.8 4.0 Global Wealth Management Switzerland and International 9.4 8.5 3.6 3.1 Asset Management 9.5 8.5 3.4 2.9 USD m Goodwill Intangible assets 1 2022 2021 Historical cost Balance at the beginning of the year 6,126 1,612 7,739 7,865 Additions 0 0 0 1 Disposals 2 (22) 0 (22) (3) Write-offs 0 0 0 (41) Foreign currency translation (61) (14) (76) (83) Balance at the end of the year 6,043 1,598 7,641 7,739 Accumulated amortization and Balance at the beginning of the year 1,360 1,360 1,385 Amortization 26 26 31 Impairment / (reversal of impairment) (1) (1) (1) Write-offs 0 0 (41) Foreign currency translation (11) (11) (13) Balance at the end of the year 1,374 1,374 1,360 Net book value at the end of the 6,043 224 6,267 6,378 of which: Global Wealth Management Americas 3,709 31 3,740 3,760 of which: Global Wealth Management Switzerland 1,166 59 1,225 1,276 of which: Asset Management 1,167 0 1,167 1,202 of which: Investment Bank 0 135 135 139 1 Intangible assets mainly include customer relationships, contractual rights and the fully amortized branch network intangible asset recognized in connection with the acquisition of PaineWebber Group, Inc. the derecognition of goodwill The table below presents USD m Intangible assets Estimated aggregated amortization 2023 26 2024 24 2025 23 2026 23 2027 22 Thereafter 104 Not amortized due to indefinite useful life 2 Total 224 |
Other financial and non-financi
Other financial and non-financial assets | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Other Financial And Non Financial Assets Explanatory [textblock] | Note 13 a) Other financial assets measured USD m 31.12.22 31.12.21 Debt securities 44,594 18,858 Loans to financial advisors 2,611 2,453 Fee- 1,812 1,972 Finance lease receivables 1,315 1,356 Settlement and clearing accounts 1,175 455 Accrued interest income 1,259 520 Other 499 594 Total other financial assets 53,264 26,209 Debt 25.7 bn securities within UBS’s high classified financial assets measured at amortized › Refer to Note 1b for b) Other non-financial assets USD m 31.12.22 31.12.21 Precious metals and other physical commodities 4,471 5,258 Deposits and collateral provided in connection 1 2,205 1,526 Prepaid expenses 1,076 1,108 VAT, 1,468 638 Properties and other non 369 32 Assets of disposal group held for sale 2 1,093 Other 578 621 Total other non-financial 10,166 10,277 1 Refer to Note 17 for more information. |
UBS AG [Member] | |
Entity [Table] | |
Other Financial And Non Financial Assets Explanatory [textblock] | Note 13 a) Other financial assets measured USD m 31.12.22 31.12.21 Debt securities 44,594 18,858 Loans to financial advisors 2,611 2,453 Fee- 1,803 1,966 Finance lease receivables 1,314 1,356 Settlement and clearing accounts 1,174 455 Accrued interest income 1,276 521 Other 618 627 Total other financial assets 53,389 26,236 Debt 25.7 bn securities within UBS’s high classified financial assets measured at amortized › Refer to Note 1b for b) Other non-financial assets USD m 31.12.22 31.12.21 Precious metals and other physical commodities 4,471 5,258 Deposits and collateral provided in connection 1 2,205 1,526 Prepaid expenses 709 717 VAT, 1,405 591 Properties and other non 279 32 Assets of disposal group held for sale 2 1,093 Other 583 618 Total other non-financial 9,652 9,836 1 Refer to Note 17 for more information. |
Customer deposits
Customer deposits | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of due to banks and customers [text block] | Note 14 USD m 31.12.22 31.12.21 Demand deposits 180,822 246,417 Retail savings / deposits 149,310 133,354 Sweep deposits 69,223 113,870 Time deposits 1 125,696 48,365 Total customer deposits 525,051 542,007 1 Includes customer deposits Increases in interest rates during |
UBS AG | |
Entity [Table] | |
Disclosure of due to banks and customers [text block] | Note 14 a) Customer deposits USD m 31.12.22 31.12.21 Demand deposits 182,307 247,299 Retail savings / deposits 149,310 133,354 Sweep deposits 69,223 113,870 Time deposits 1 126,331 50,312 Total customer deposits 527,171 544,834 1 Includes customer deposits Increases in interest rates during b) Funding from UBS Group AG measured USD m 31.12.22 31.12.21 Senior unsecured debt that 42,073 38,984 Senior unsecured debt other than 236 4,471 Subordinated debt 13,838 13,840 of which: eligible as high-trigger loss-absorbing additional 10,654 11,414 of which: eligible as low-trigger loss-absorbing additional 1,187 2,426 Total funding from UBS 1 56,147 57,295 1 UBS AG has also recognized UBS AG uses interest rate and foreign exchange derivatives to manage the risks at amortized cost. 1a Funding from UBS Group AG measured at amortized cost of USD 0.2bn as of 31 Subordinated debt other instruments outstanding as of › Refer to Note 23 |
Debt issued designated at fair
Debt issued designated at fair value | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Financial Instruments Designated At Fair Value Through Profit Or Loss Explanatory | Note 15 USD m 31.12.22 31.12.21 Issued debt instruments Equity-linked 1 41,901 47,059 Rates-linked 16,276 16,369 Credit-linked 2,170 1,723 Fixed-rate 6,538 2,868 Commodity-linked 4,294 2,911 Other 2,459 2,868 of which: debt that contributes to total loss-absorbing 1,959 2,136 Total debt issued designated 73,638 73,799 of which: issued by UBS AG with original maturity greater 2 57,750 57,967 1 Includes investment fund unit-linked instruments 100 % of the balance was unsecured (31 December 2021: 100 %). |
UBS AG | |
Entity [Table] | |
Disclosure Of Financial Instruments Designated At Fair Value Through Profit Or Loss Explanatory | Note 15 USD m 31.12.22 31.12.21 Issued debt instruments Equity-linked 1 41,901 47,059 Rates-linked 16,276 16,369 Credit-linked 2,170 1,723 Fixed-rate 6,538 2,868 Commodity-linked 4,294 2,911 Other 663 529 Total debt issued designated 71,842 71,460 of which: issued by UBS AG with original maturity greater 2 57,750 57,967 1 Includes investment fund unit-linked instruments 100 % of the balance was unsecured (31 December 2021: 100 %). |
Debt issued held at amortized c
Debt issued held at amortized cost | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Debt Securities Explanatory | Note 16 USD m 31.12.22 31.12.21 Short-term debt 1 29,676 43,098 Senior unsecured debt that 42,073 38,984 Senior unsecured debt other than 17,892 27,590 of which: issued by UBS AG with original maturity greater 17,892 23,307 Covered bonds 0 1,389 Subordinated debt 16,017 18,640 of which: eligible as high-trigger loss-absorbing additional 9,882 11,052 of which: eligible as low-trigger loss-absorbing additional 1,189 2,425 of which: eligible as low-trigger loss-absorbing tier 2 capital 2,422 2,596 of which: eligible as non-Basel III-compliant tier 2 capital 536 547 Debt issued through the Swiss central mortgage 8,962 9,454 Long-term debt 2 84,945 96,057 Total debt issued 3 114,621 139,155 1 Debt with an classification of presented. The Group held at amortized in Note 1a debt issued 6.1 bn as 0.5 bn as 2021, Subordinated debt other instruments outstanding as of › Refer to Note 23 |
UBS AG | |
Entity [Table] | |
Disclosure Of Debt Securities Explanatory | Note 16 USD m 31.12.22 31.12.21 Short-term debt 1 29,676 43,098 Senior unsecured debt 17,892 23,328 of which: issued by UBS AG with original maturity greater 17,892 23,307 Covered bonds 0 1,389 Subordinated debt 2,968 5,163 of which: eligible as low-trigger loss-absorbing tier 2 capital 2,422 2,596 of which: eligible as non-Basel III-compliant tier 2 capital 536 547 Debt issued through the Swiss central mortgage 8,962 9,454 Long-term debt 2 29,823 39,334 Total debt issued 3 59,499 82,432 1 Debt with an classification of presented. UBS AG uses interest rate and foreign exchange derivatives to manage the risks inherent in certain debt at amortized cost. 1a issued was 1.0 bn as of 0.3 bn as of 31 reflecting changes in fair value due Subordinated debt other instruments outstanding as of › Refer to Note 23 |
Provisions
Provisions | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Provisions Explanatory | Note 17 a) Provisions The table below presents USD m 31.12.22 31.12.21 Provisions other than provisions for expected credit 3,042 3,322 Provisions for expected credit losses 1 201 196 Total provisions 3,243 3,518 1 Refer to Note 9 for more information The following table presents USD m Litigation, regulatory and similar matters 1 Restructuring Other 3 Total 2022 Balance at the beginning of the 2,798 172 352 3,322 Increase in provisions recognized in the income statement 406 231 53 690 Release of provisions recognized in the income statement (58) (25) (36) (118) Provisions used in conformity with designated purpose (470) (243) (32) (745) Capitalized reinstatement costs 0 0 1 1 Foreign currency translation / unwind (91) (5) (12) (108) Balance at the end of the year 2,586 130 2 326 3,042 1 Consists of provisions for losses resulting 102 m as of 31 December 2022 (31 125 m) and provisions for onerous contracts 28 m as of 31 December 2022 47 m). Restructuring provisions are natural estimated costs. Onerous contracts such as tenants. Information about is included in Note 17b. |
UBS AG | |
Entity [Table] | |
Disclosure Of Provisions Explanatory | Note 17 a) Provisions The table below presents USD m 31.12.22 31.12.21 Provisions other than provisions for expected credit 2,982 3,256 Provisions for expected credit losses 1 201 196 Total provisions 3,183 3,452 1 Refer to Note 9 for more information The following table presents USD m Litigation, regulatory and similar matters 1 Restructuring Other 3 Total 2022 Balance at the beginning of the 2,798 137 321 3,256 Increase in provisions recognized in the income statement 406 174 49 629 Release of provisions recognized in the income statement (57) (19) (32) (109) Provisions used in conformity with designated purpose (470) (189) (31) (689) Capitalized reinstatement costs 0 0 1 1 Foreign currency translation / unwind (90) (5) (11) (106) Balance at the end of the year 2,586 98 2 297 2,982 1 Consists of provisions 70 m as of 31 December 90 m) and provisions for onerous contracts 28 m as of 31 December 2022 47 m). Restructuring provisions are natural estimated costs. Onerous contracts such as tenants. Information about is included in Note 17b. |
Litigation, regulatory and simi
Litigation, regulatory and similar matters | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Contingent Liabilities Explanatory | Note 17 a) Provisions The table below presents USD m 31.12.22 31.12.21 Provisions other than provisions for expected credit 3,042 3,322 Provisions for expected credit losses 1 201 196 Total provisions 3,243 3,518 1 Refer to Note 9 for more information The following table presents USD m Litigation, regulatory and similar matters 1 Restructuring Other 3 Total 2022 Balance at the beginning of the 2,798 172 352 3,322 Increase in provisions recognized in the income statement 406 231 53 690 Release of provisions recognized in the income statement (58) (25) (36) (118) Provisions used in conformity with designated purpose (470) (243) (32) (745) Capitalized reinstatement costs 0 0 1 1 Foreign currency translation / unwind (91) (5) (12) (108) Balance at the end of the year 2,586 130 2 326 3,042 1 Consists of provisions for losses resulting 102 m as of 31 December 2022 (31 125 m) and provisions for onerous contracts 28 m as of 31 December 2022 47 m). Restructuring provisions are natural estimated costs. Onerous contracts such as tenants. Information about is included in Note 17b. b) Litigation, regulatory and The Group operates in a legal and from disputes and regulatory proceedings. and/or litigation, arbitration, and Such predict, particularly in the earlier stages of a case. There agreement. continuing uncertainties inherent respect to which matters brought against the resources provision may be established for claims that have to be, based result recognized outflow of resources with respect to such the relevant reporting of the provision for such matter the end of the reporting period), are adjusting events after the reporting the financial statements for the reporting Specific considers to and available and appropriate in order In the case of certain matters below, no such seriously our position with other reliably estimable that preclude provision, either: (a) we have the applicable accounting standard; seriously our resources to be probable With respect to certain litigation, regulatory and similar matters for which we have estimate the expected for which over the relevant time periods. The aggregate amount provisioned table in Note 17a above. It similar matters as a class of contingent liabilities. Doing so would require UBS to provide speculative legal assessments to claims are at early stages of adjudication, or as to which UBS similar remote substantially exceeds the level of Litigation, regulatory or conviction UBS to obtain waivers of regulatory disqualifications limit, suspend or terminate UBS’s termination of licenses, authorizations The risk of loss associated with of determining capital requirements. Information risk for this purpose is included Provisions for litigation, regulatory 1 USD m Global Wealth Manage- ment Personal & Corporate Banking Manage- ment Investment Bank Group Functions Total 2022 Balance at the beginning of the 1,338 181 8 310 962 2,798 Increase in provisions recognized in the income statement 268 2 1 129 6 406 Release of provisions recognized in the income statement (23) (15) 0 (8) (12) (58) Provisions used in conformity with designated purpose (331) 0 0 (115) (23) (470) Reclassifications 0 0 0 4 (4) 0 Foreign currency translation / unwind (70) (9) 0 (11) 0 (91) Balance at the end of the year 1,182 159 8 308 928 2,586 1 Provisions, if Provisions, if any, are allocated between the Investment 1. Inquiries regarding cross Tax and regulatory authorities in a number of countries have employees located in UBS and other financial institutions. Since 2013, UBS (France) S.A., UBS AG and certain former employees have been under investigation in France in relation to UBS’s cross-border business with French clients. In connection with this investigation, the investigating judges ordered UBS AG to provide bail 1.1 bn. On 20 February 2019, the court of on French abetting EUR 3.7 bn on UBS AG and UBS 800 m of civil damages to the French state. A French Court of Appeal took unlawful solicitation and aggravated laundering of the proceeds of tax 3.75 m, the confiscation of EUR 1 bn, and awarded civil damages to the 800 m. UBS AG has filed an appeal the French Supreme Court to preserve its rights. The notice of appeal enables UBS AG to thoroughly assess the verdict of the Court by the (EUR 99 m of which was deducted from the bail), subject Our 1.1 bn (USD 1.2 bn). The and the provision reflects our best could exceed (or may be less than) the provision Our balance that UBS believes to be appropriate we have certainty based may be less) than the provision 2. Claims related to sales of residential From 2002 through 2007, of US residential mortgage-backed In November 2018, the DOJ filed seeks unspecified civil monetary penalties related to UBS’s civil complaint in February 2019. Our amount that for which we have established provisions, the future outflow of resources in respect of this matter cannot be determined with certainty based (or may be less) than the provision 3. Madoff In relation to the Bernard L. Madoff (now UBS Europe SE, Luxembourg branch) and certain other UBS subsidiaries have been subject to inquiries by a of regulators, Surveillance du substantially all assets of direct or indirect documentation manager, In 2009 certain 2.1 bn, which includes amounts that the funds A large number of alleged beneficiaries have filed claims against UBS entities (and non relating to the Madoff fraud. The majority of these cases have been filed in Luxembourg, where decisions that the claims in Supreme Court has dismissed In the US, the BMIS Trustee filed claims one of the offshore 2 bn. In 2014, except 125 m preference payments. the subsequently Bankruptcy Court for further proceedings. 4. Puerto Rico Declines since 2013 managed and co-managed by UBS of Puerto Rico (UBS of Commission (SEC) and Since then, account aggregate 3.42 bn, 3.37 bn withdrawal of claims. Allegations A shareholder derivative action was filed in 2014 the funds, to settle this matter for USD 15 m, subject to court approval. In 2011, a purported derivative action was filed on Puerto Rico (System) against over and obligations in 3 bn of damages of over USD 800 m. In 2016, the federal district with Puerto Rico’s approved Beginning defaulted on certain interest with power to oversee Puerto exercise proceeding under the supervision In May 2019, legal and accounting firms that had participated in Puerto of USD 125 m in fees in the relevant offerings. In municipal bonds actions collectively seek recovery 955 m in damages from the defendants. cases claim that defendants failed to reasonably Puerto bonds notwithstanding have been granted in all three Our balance sheet at 31 December 2022 that UBS believes to be appropriate we have certainty based may be less) than the provisions 5. Foreign exchange, LIBOR Foreign concerning investigations, Commission. jurisdictions businesses. Foreign exchange-related civil litigation: jurisdictions transactions with any of the defendant banks. UBS has resolved US transactions on 141 m cooperation to filed individual competition those individual matters. In 2015, and businesses their own end use. In March 2017, the court granted UBS’s (and the other banks’) motions to dismiss the complaint. The plaintiffs dismiss the amended complaint. In March LIBOR regarding potential improper attempts by UBS, among others, to manipulate LIBOR times. investigating jurisdictions, including with settlement with WEKO, as the Secretariat of LIBOR and the federal interest rate benchmark-based derivatives. Also pending in the asserting losses adjustable investments certain benchmark interest SIBOR theories. USD LIBOR class and individual actions in the In 2013 and 2015, in whole claims, affirmed proceedings. The Second defendants Separately, plaintiffs’ claims for class certification in the USD that ruling to the and in November 2018 denied in residents who, since asserts antitrust claims. defendants’ Second who had withdrawn, lacked standing District of rate used LIBOR-based September 2022, the court the opportunity have moved to dismiss the amended Other benchmark class actions in the Yen In 2014, dismissed 2020, the action as In 2017, 2020, the focused complaint in case against UBS. CHF LIBOR filed an amended complaint, and the court granted a In September 2021, the Second Circuit granted further proceedings. Plaintiffs filed a third amended complaint in the amended complaint in January 2023 EURIBOR for lack of personal jurisdiction. Plaintiffs SIBOR / SOR Plaintiffs appealed. 2021, which defendants moved to dismiss in November 2021. In March 2022, plaintiffs reached a settlement in principle with the remaining defendants, BBSW lack of personal jurisdiction. Plaintiffs filed an amended complaint to dismiss in the pleadings, which remaining defendants, including GBP LIBOR Government bonds : Putative class actions on behalf filed in 2017 in the US District Court for the Southern to, and under granted March Similar class actions have been In May 2021, the European Commission antitrust rules in 2007–2011 172 m. UBS is appealing the With respect our balance the applicable accounting standard. outflow information and accordingly may have recognized. 6. Swiss retrocessions The Federal Supreme Court for distributing third-party and intra-group investment funds and structured products to clients who have entered a supervisory note and has notified all potentially affected The Supreme Court decision potentially account when assessing or not the client documentation Our amount that UBS believes on client requests and the resolution thereof, factors matters for which determined substantially greater (or may be less) than 7. Communications recordkeeping The SEC preservation UBS USD 125 m to the SEC and USD 75 m to the CFTC to resolve these matters. |
UBS AG | |
Entity [Table] | |
Disclosure Of Contingent Liabilities Explanatory | Note 17 a) Provisions The table below presents USD m 31.12.22 31.12.21 Provisions other than provisions for expected credit 2,982 3,256 Provisions for expected credit losses 1 201 196 Total provisions 3,183 3,452 1 Refer to Note 9 for more information The following table presents USD m Litigation, regulatory and similar matters 1 Restructuring Other 3 Total 2022 Balance at the beginning of the 2,798 137 321 3,256 Increase in provisions recognized in the income statement 406 174 49 629 Release of provisions recognized in the income statement (57) (19) (32) (109) Provisions used in conformity with designated purpose (470) (189) (31) (689) Capitalized reinstatement costs 0 0 1 1 Foreign currency translation / unwind (90) (5) (11) (106) Balance at the end of the year 2,586 98 2 297 2,982 1 Consists of provisions 70 m as of 31 December 90 m) and provisions for onerous contracts 28 m as of 31 December 2022 47 m). Restructuring provisions are natural estimated costs. Onerous contracts such as tenants. Information about is included in Note 17b. b) Litigation, regulatory and UBS operates disputes and regulatory proceedings. or arbitration, and regulatory and Such predict, agreement. continuing to inherent which provisions against it when, in the legal or constructive obligation as a result of past events, it is probable that an outflow of resources the amount claims that have not yet been asserted against UBS, similar asserted claims. If any of those conditions an probable. Accordingly, no provision could issuance of example, the developments provide evidence of conditions events period. Specific considers to and available and appropriate in order In the case of certain matters below, no such seriously our position with other reliably estimable that preclude provision, either: (a) we have the applicable accounting standard; seriously our resources to be probable and reliably estimable. With respect to certain litigation, regulatory and similar matters for which we have estimate the expected for which over the relevant time periods. The aggregate amount provisioned table in Note 17a above. It similar matters as a class of contingent liabilities. Doing so would require UBS to provide speculative legal assessments to claims are at early stages of adjudication, or as to which UBS similar remote substantially exceeds the level of Litigation, regulatory or conviction UBS to obtain waivers of regulatory disqualifications limit, suspend or terminate UBS’s termination of licenses, authorizations The risk of loss associated with of determining capital requirements. Information risk for this purpose is included Provisions for litigation, regulatory 1 USD m Global Wealth Manage- ment Personal & Corporate Banking Manage- ment Investment Bank Group Functions Total 2022 Balance at the beginning of the 1,338 181 8 310 962 2,798 Increase in provisions recognized in the income statement 268 2 1 129 6 406 Release of provisions recognized in the income statement (23) (15) 0 (8) (12) (57) Provisions used in conformity with designated purpose (331) 0 0 (115) (23) (470) Reclassifications Foreign currency translation / unwind (70) (9) 0 (11) 0 (90) Balance at the end of the year 1,182 159 8 308 928 2,586 1 Provisions, if Provisions, if any, are allocated between the Investment 1. Inquiries regarding cross Tax and regulatory authorities in a number of countries have employees located in UBS and other financial institutions. Since 2013, UBS (France) S.A., UBS AG and certain former employees have been under investigation in France in relation to UBS’s cross-border business with French clients. In connection with this investigation, the investigating judges ordered UBS AG to provide bail 1.1 bn. On 20 February 2019, the court of on French abetting EUR 3.7 bn on UBS AG and UBS 800 m of civil damages to the French state. A French Court of Appeal took unlawful solicitation and aggravated laundering of the proceeds of tax 3.75 m, the confiscation of EUR 1 bn, and awarded civil damages to the 800 m. UBS AG has filed an appeal the French Supreme Court to preserve its rights. The notice of appeal enables UBS AG to thoroughly assess the verdict of the Court by the (EUR 99 m of which was deducted from the bail), subject Our 1.1 bn (USD 1.2 bn). The and the provision reflects our best estimate of could exceed (or may be less than) the provision Our balance that UBS believes to be appropriate we have certainty based may be less) than the provision 2. Claims related to sales of residential From 2002 through 2007, of US residential mortgage-backed In November 2018, the DOJ filed a seeks unspecified civil monetary penalties related to UBS’s civil complaint in February 2019. Our amount that for which we have established provisions, the future outflow of resources in respect of this matter cannot be determined with certainty based (or may be less) than the provision 3. Madoff In relation to the Bernard L. Madoff (now UBS Europe SE, Luxembourg branch) and certain other UBS subsidiaries have been subject to inquiries by a number of regulators, Surveillance du substantially all assets of direct or indirect documentation manager, In 2009 certain 2.1 bn, which includes amounts that the funds A large number of alleged beneficiaries have filed claims against UBS entities (and non relating to the Madoff fraud. The majority of these cases have been filed in Luxembourg, where decisions that the claims in Supreme Court has dismissed In the US, the BMIS Trustee filed claims one of the offshore 2 bn. In 2014, except 125 m preference payments. the subsequently Bankruptcy 4. Puerto Rico Declines since 2013 managed and co-managed by UBS of Puerto Rico (UBS of Commission (SEC) and Since then, account aggregate 3.42 bn, 3.37 bn withdrawal of claims. Allegations A shareholder derivative action was filed in 2014 against the funds, to settle this matter for USD 15 m, subject to court approval. In 2011, a purported derivative action was filed on Puerto Rico (System) against over and obligations in 3 bn of damages of over USD 800 m. In 2016, the federal district with Puerto Rico’s approved Beginning defaulted on certain interest with power to oversee Puerto exercise proceeding under the supervision In May 2019, legal and accounting firms that had participated in Puerto of USD 125 m in fees in the relevant offerings. In municipal bonds actions collectively seek recovery 955 m in damages from the defendants. cases claim that defendants failed to reasonably Puerto bonds notwithstanding have been granted in all three Our balance sheet at 31 December 2022 that UBS believes to be appropriate we have certainty based may be less) than the provisions 5. Foreign exchange, LIBOR Foreign concerning investigations, Commission. jurisdictions businesses. Foreign exchange-related civil litigation: jurisdictions transactions with any of the defendant banks. UBS has resolved US federal transactions on 141 m cooperation to filed individual competition those individual matters. In 2015, and businesses their own end use. In March 2017, the court granted UBS’s (and the other plaintiffs dismiss the amended complaint. In March LIBOR regarding potential improper attempts by UBS, among others, to manipulate LIBOR times. investigating jurisdictions, including with settlement with WEKO, as the Secretariat of LIBOR and the federal interest rate benchmark-based derivatives. Also pending in the asserting losses adjustable investments certain benchmark interest SIBOR theories. USD LIBOR class and individual actions in the In 2013 and 2015, in whole claims, affirmed proceedings. The Second defendants Separately, plaintiffs’ claims for class certification in the USD that ruling to the and in November 2018 denied in residents who, since asserts antitrust claims. defendants’ Second who had withdrawn, lacked standing District of rate used LIBOR-based September 2022, the court the opportunity have moved to dismiss the amended Other benchmark class actions in the Yen In 2014, dismissed 2020, the action as In 2017, 2020, the focused complaint in case against UBS. CHF LIBOR filed an amended complaint, and the court granted a In September 2021, the Second Circuit granted further proceedings. Plaintiffs filed a third amended complaint in November 2022 and defendants have moved the amended complaint in January 2023 EURIBOR for lack of personal jurisdiction. Plaintiffs SIBOR / SOR Plaintiffs appealed. 2021, which defendants moved to dismiss in November 2021. In March 2022, plaintiffs reached a settlement in principle with the remaining defendants, BBSW lack of personal jurisdiction. Plaintiffs filed an amended complaint to dismiss in the pleadings, which remaining defendants, including GBP LIBOR – The court dismissed the GBP Government bonds: on behalf filed in 2017 in the US District Court for the Southern to, and under granted March Similar class actions have been In May 2021, the European Commission antitrust rules in 2007–2011 172 m. UBS is appealing the With respect our balance the applicable accounting standard. outflow information and accordingly may have recognized. 6. Swiss retrocessions The Federal Supreme Court for distributing third-party and intra-group investment funds and structured products to clients who have entered a supervisory note and has notified all potentially affected The Supreme Court decision potentially account when assessing or not the client documentation Our amount that UBS believes on client requests and the resolution thereof, factors matters for which determined substantially greater (or may be less) than 7. Communications recordkeeping The SEC preservation UBS USD 125 m to the SEC and USD 75 m to the CFTC to resolve these matters. |
Other financial and non-finan_2
Other financial and non-financial liabilities | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Other Financial And Non Financial Liabilities Explanatory | Note 18 a) Other financial liabilities USD m 31.12.22 31.12.21 Other accrued expenses 1,760 1,876 Accrued interest expenses 1,949 1,094 Settlement and clearing accounts 1,075 1,304 Lease liabilities 3,334 3,558 Other 1,457 1,167 Total other financial liabilities 9,575 9,001 b) Other financial liabilities USD m 31.12.22 31.12.21 Financial liabilities related to unit-linked investment 13,221 21,466 Securities financing transactions 15,333 6,377 Over-the-counter debt instruments and other 1,684 2,231 Total other financial liabilities designated 30,237 30,074 c) Other non-financial liabilities USD m 31.12.22 31.12.21 Compensation related liabilities 6,822 7,257 1,614 1,628 1,463 1,512 2,680 2,846 469 633 1 596 638 Current tax liabilities 1,071 1,398 Deferred tax liabilities 236 300 VAT, 592 590 Deferred income 235 240 Liabilities of disposal group held for sale 2 1,298 Other 84 68 Total other non-financial 9,040 11,151 1 Includes liabilities for payroll |
UBS AG | |
Entity [Table] | |
Other Financial And Non Financial Liabilities Explanatory | Note 18 a) Other financial liabilities USD m 31.12.22 31.12.21 Other accrued expenses 1,564 1,642 Accrued interest expenses 2,008 1,134 Settlement and clearing accounts 1,060 1,282 Lease liabilities 3,211 3,438 Other 2,549 2,269 Total other financial liabilities 10,391 9,765 b) Other financial liabilities USD m 31.12.22 31.12.21 Financial liabilities related to unit-linked investment 13,221 21,466 Securities financing transactions 15,333 6,377 Over-the-counter debt instruments and other 1,684 2,231 Funding from UBS Group AG 1,796 2,340 Total other financial liabilities designated 32,033 32,414 c) Other non-financial liabilities USD m 31.12.22 31.12.21 Compensation-related liabilities 4,424 4,795 of which: financial advisor compensation plans 1,463 1,512 of which: other compensation plans 2,023 2,140 of which: net defined benefit liability 449 617 of which: other compensation-related liabilities 1 490 526 Current tax liabilities 1,044 1,365 Deferred tax liabilities 233 297 VAT, 472 524 Deferred income 233 225 Liabilities of disposal group held for sale 2 1,298 Other 84 68 Total other non-financial 6,489 8,572 1 Includes liabilities for payroll |
Expected credit loss measuremen
Expected credit loss measurement | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Financial Assets Explanatory | Additional information Note 19 a) Expected credit losses in the period Total 29 m in 2022, reflecting 29 m related to stage 1 and 2 positions and USD 0 m net credit loss expenses related to credit-impaired Stage 1 29 m 123 m parameter updates 13 m related to 77 m post-model adjustment (PMA) releases and 30 m releases related to model changes. Lending to corporate clients not secured mortgages contributed USD 21 m, mainly driven by scenario effects related to the interest rate stagflationary mortgages contributed 16 m , assumptions, was partly offset by releases from other lending 9 m. › Refer to Note 19b adjustment and to Stage 3 net expenses of USD 0 m were recognized across 12 m in Personal 5 m in 18 m in Investment Bank, including a USD 28 m release for a single airline-related counterparty, mainly due to improved cashflow assumptions, and USD 10 m net expenses across a number of defaulted positions. Credit loss expense USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions Total For the year ended Stages 1 and 2 (5) 27 0 6 1 29 Stage 3 5 12 0 (18) 2 0 Total credit loss expense / 0 39 0 (12) 3 29 For the year ended Stages 1 and 2 (28) (62) 0 (34) 0 (123) Stage 3 (1) (24) 1 0 0 (25) Total credit loss expense / (29) (86) 1 (34) 0 (148) For the year ended Stages 1 and 2 48 129 0 88 0 266 Stage 3 40 128 2 217 42 429 Total credit loss expense / 88 257 2 305 42 694 b) Changes to ECL models, Refer weights and key inputs Governance Comprehensive cross-functional scenario updates and model outputs and to reach Model changes During 2022, the model review and enhancement process led to adjustments default (LGD), and 30 m decrease in a 19 m portfolios and 11 m decrease large corporate clients financial intermediaries . Scenario and key input During 2022, the scenarios considering the changed the inflation outlook and economic growth in Europe, and rising global interest rates due to central banks’ adoption of more restrictive monetary Baseline scenario : the for UBS’s Economics and the International stalls under – further fueled be higher than given the persistence of inflationary in Switzerland by continued Global crisis scenario: The first hypothetical binding stress scenario and was while the associated disruptions critical. Concerns regarding a loss central banks have limited scope China significantly. A significantly affected. estate sectors contract Stagflationary The developments caused by Russia’s invasion of Ukraine, the mild global interest rate steepening scenario severe global increased fears of the progression severe Russia–Ukraine conflict scenario specifically the prospect inflation rates. stagflationary geopolitical included this new scenario in the ECL severe Russia–Ukraine conflict scenario . While severe Russia–Ukraine conflict , it also covers additional and broader risks and undermine globalization. The disruptions of assumptions in in Switzerland and the section below Asset price The upside tensions across the prices, business sentiment lead to an economic rebound with central banks able to normalize interest rates; asset prices increase significantly. The table below details the key assumptions Scenario weights and post Due during 2022. The upside scenario was allocated 0 % probability, and the previous 5 % weight was added to the baseline scenario , now 60 %. Following occurring than global crisis , the weights 25 % (compared 10 % for the mild global global crisis scenario 15 % (from 30 % as of 31 December The outlook and monetary policy, compared with the uncertain developments However, unquantifiable risks continue new disruptions. from escalations with unforeseeable the development experiences regarding interdependencies of comprehensively reflect order. Rather than that lack supportable information and These PMA took into account that more of the downside risks were modeled in 2022, particularly for lending mortgages. 131 m 224 m). remaining PMA Personal & Corporate Banking Economic scenarios and weights applied Assigned weights in % ECL scenario 31.12.22 31.12.21 Asset price inflation 0.0 5.0 Baseline 60.0 55.0 Mild global interest rate steepening 0.0 10.0 Stagflationary geopolitical crisis 25.0 0.0 Global crisis 15.0 30.0 Scenario assumptions One year Three years cumulative 31.12.22 Asset price inflation Baseline Stagflationary geopolitical crisis Global crisis Asset price inflation Baseline Stagflationary geopolitical crisis Global crisis Real GDP growth (% change) United States 4.0 (0.3) (4.8) (6.4) 9.1 3.2 (4.4) (1.8) Eurozone 3.0 0.6 (5.6) (8.5) 6.2 2.5 (5.7) (8.3) Switzerland 3.0 0.7 (4.8) (6.7) 6.6 3.5 (4.9) (3.7) Consumer price index (% change) United States 2.5 2.6 10.0 (0.5) 8.1 6.5 15.8 1.2 Eurozone 2.3 5.0 9.6 (0.7) 7.4 9.6 14.8 (0.7) Switzerland 2.1 1.6 5.8 (1.8) 6.2 3.9 10.7 (1.6) Unemployment rate (end-of United States 3.0 3.9 9.2 10.0 3.0 5.3 11.8 9.4 Eurozone 6.0 7.0 10.9 11.9 6.0 7.1 12.2 13.0 Switzerland 1.7 2.3 4.3 4.4 1.5 2.6 5.1 4.9 Fixed income: 10-year government USD 25.0 (5.6) 235.0 (326.0) 70.0 (13.2) 205.0 (291.1) EUR 20.0 47.8 250.0 (270.6) 57.5 44.7 220.0 (246.5) CHF 25.0 45.7 220.0 (209.7) 62.5 57.0 205.0 (159.6) Equity indices (% change) S&P 500 20.0 7.4 (51.5) (50.0) 51.7 22.8 (45.6) (27.9) EuroStoxx 50 17.0 17.2 (51.6) (50.0) 42.9 29.2 (47.2) (39.3) SPI 14.0 5.6 (51.6) (46.0) 37.9 19.3 (47.2) (32.9) Swiss real estate (% change) Single-Family Homes 6.6 1.1 (16.7) (19.9) 14.0 2.3 (32.9) (23.9) Other real estate (% change) United States (S&P / Case–Shiller) 7.8 (4.5) (12.8) (19.3) 19.1 (0.6) (35.8) (32.7) Eurozone (House Price Index) 7.0 (2.7) (8.4) (8.9) 15.4 2.0 (14.7) (17.5) Scenario assumptions One year Three years cumulative 31.12.21 Asset price inflation Baseline Mild global interest rate steepening Global crisis Asset price inflation Baseline Mild global interest rate steepening Global crisis Real GDP growth (% change) United States 9.1 4.4 (0.1) (5.9) 17.8 10.1 1.8 (3.8) Eurozone 9.4 3.9 (0.1) (8.7) 17.3 7.5 0.9 (10.3) Switzerland 5.5 2.4 (0.9) (6.6) 13.1 5.8 (0.1) (5.7) Consumer price index (% change) United States 3.1 2.2 5.7 (1.2) 9.5 6.3 13.0 0.4 Eurozone 2.3 1.4 4.2 (1.3) 8.0 4.8 10.4 (1.7) Switzerland 1.8 0.3 3.5 (1.8) 6.1 1.7 9.0 (1.6) Unemployment rate (end-of United States 3.0 3.9 6.1 10.9 3.0 3.5 7.2 10.8 Eurozone 6.2 7.4 8.7 12.9 6.0 7.2 9.1 15.1 Switzerland 2.3 2.5 3.4 5.2 1.6 2.3 4.2 5.9 Fixed income: 10-year government USD 50.0 16.5 259.2 (50.0) 170.0 41.2 329.2 (15.0) EUR 40.0 11.1 283.8 (35.0) 140.0 34.9 349.3 (25.0) CHF 50.0 12.1 245.5 (70.0) 150.0 34.4 307.3 (35.0) Equity indices (% change) S&P 500 12.0 14.1 (27.0) (50.2) 35.5 24.7 (21.8) (40.1) EuroStoxx 50 16.0 12.3 (23.4) (57.6) 41.6 20.7 (19.9) (50.4) SPI 14.0 12.1 (22.9) (53.6) 37.9 19.1 (19.6) (44.2) Swiss real estate (% change) Single-Family Homes 5.1 4.4 (4.3) (17.0) 15.5 7.4 (8.8) (30.0) Other real estate (% change) United States (S&P / Case–Shiller) 10.0 3.5 (2.3) (9.5) 21.7 7.1 (8.7) (26.3) Eurozone (House Price Index) 8.4 5.1 (4.0) (5.4) 17.8 9.6 (7.6) (10.8) c) Development of ECL allowances The ECL allowances and provisions – the effect of selecting and – origination of new instruments during – the effect for the remaining lifetime decreases (all other – derecognition of instruments in the – change in individual asset quality of instruments; – movements from between stages 1 and 2; – movements from stages 1 and 2 to stage 3 (credit-impaired status) when default has become certain and PD increases to 100% (or vice versa); – changes in models or updates – write-off; and – foreign exchange translations for assets denominated The instruments and credit factors listed above. Development of ECL allowances USD m Total Stage 1 Stage 2 Stage 3 Balance as of 31 December 2021 (1,165) (282) (220) (662) Net movement from new and derecognized 1 (7) (21) 16 (2) of which: Private clients with mortgages (6) (6) 0 0 of which: Real estate financing (3) (5) 2 0 of which: Large corporate clients 8 (1) 11 (2) of which: SME clients (1) (1) 0 0 of which: Other (6) (8) 3 0 0 (2) 2 0 0 0 0 0 Remeasurements with stage transfers 2 (65) 20 (39) (46) of which: Private clients with mortgages (10) 3 (12) 0 of which: Real estate financing 7 (1) 8 0 of which: Large corporate clients (33) 16 (28) (21) of which: SME clients (23) 2 (2) (22) of which: Other (6) 1 (4) (3) 0 0 0 0 1 2 (1) 0 Remeasurements without 3 13 (8) (27) 48 of which: Private clients with mortgages (12) 5 (18) 1 of which: Real estate financing 13 3 10 0 of which: Large corporate clients 32 (11) 2 41 of which: SME clients (6) (10) (9) 14 of which: Other (15) 5 (12) (8) (8) 0 (8) 0 (3) 3 (1) (6) Model changes 4 30 29 1 0 Movements with profit or loss impact 5 (29) 20 (49) 0 Movements without profit or loss impact 6 104 3 1 99 Balance as of 31 December 2022 (1,091) (259) (267) (564) 1 Represents derecognition of loans or facilities on their maturity date or earlier. related to 4 Represents the change in the allowances methodology changes. uncollectible or forgiven and Movements with profit Stages 1 29 m: – Net movement 21 m stage 1 16 m stage 2 releases: Stage 1 expenses are primarily driven by new loans secured by real estate. The residual lending segments. Stage 2 – Remeasurements with 20 m releases 39 m expenses mainly includes (i.e., releases in effects. – Remeasurements 8 m 27 m. These expenses of 35 m relate 28 m), substantially and to a single sovereign 8 m). – Model changes: refer to Note Movements without profit or loss impact: Stage 3 allowances decreased by USD 99 m almost entirely due to write-offs of USD 95 m. Development of ECL allowances USD m Total Stage 1 Stage 2 Stage 3 Balance as of 31 December 2020 (1,468) (306) (333) (829) Net movement from new and derecognized 1 (59) (72) 13 0 of which: Private clients with mortgages (7) (10) 3 0 of which: Real estate financing (7) (11) 4 0 of which: Large corporate clients (13) (21) 7 0 of which: SME clients (8) (8) 0 0 of which: Other (24) (23) (2) 0 (21) (18) (4) 0 0 (1) 1 0 Remeasurements with stage transfers 2 (40) 8 0 (49) of which: Private clients with mortgages (9) 4 (13) 0 of which: Real estate financing (3) 1 (4) 0 of which: Large corporate clients 2 (2) 12 (8) of which: SME clients (27) 5 4 (36) of which: Other (3) 0 2 (4) 2 (1) 3 0 0 1 (1) 0 Remeasurements without 3 203 55 74 74 of which: Private clients with mortgages 33 8 26 (1) of which: Real estate financing 30 13 13 3 of which: Large corporate clients 44 5 21 17 of which: SME clients 53 (1) 1 53 of which: Other 44 29 14 2 27 15 12 0 6 8 1 (3) Model changes 4 45 29 16 0 Movements with profit or loss impact 5 148 19 104 25 Movements without profit or loss impact 6 154 5 9 141 Balance as of 31 December 2021 (1,165) (282) (220) (662) 1 Represents derecognition of loans or facilities on their maturity date or earlier. related to 4 Represents the change in the allowances methodology changes. uncollectible or forgiven and As explained and primary assessment considers changes in PD based consideration counterparties past due. ECL stage 2 (“significant deterioration USD m Stage 2 of which: PD layer of which: watch list of which: ≥30 days past due On- (267) (196) (21) (50) of which: Private clients with mortgages (107) (83) 0 (25) of which: Real estate financing (23) (18) 0 (5) of which: Large corporate clients (65) (51) (13) 0 of which: SME clients (37) (22) (7) (7) of which: Financial intermediaries and hedge funds (17) (17) 0 0 of which: Loans to financial advisors (2) 0 0 (2) of which: Credit cards (12) 0 0 (12) of which: Other (5) (5) 0 0 d) Maximum exposure to credit risk The requirements financial instruments. The maximum exposure sheet subject to credit risk collateral is presented enhancements, capped section of this respects from the requirements of International Maximum exposure to credit 31.12.22 Collateral 1,2 Credit enhancements 1 Exposure to credit risk after collateral and credit enhancements USD bn Maximum exposure to credit risk Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral 3 Netting Credit derivative contracts Guarantees Financial assets measured at amortized cost on the balance sheet Cash and balances at central banks 169.4 169.4 Loans and advances to banks 4 14.8 0.0 0.1 14.7 Receivables from securities financing transactions measured at amortized cost 67.8 0.0 64.5 2.4 0.9 Cash collateral receivables on derivative 5,6 35.0 22.9 12.1 Loans and advances to customers 387.2 33.6 115.9 197.8 19.6 3.0 17.3 Other financial assets measured at amortized cost 53.3 0.1 0.5 0.0 1.3 51.3 Total financial assets 727.6 33.7 181.0 197.9 23.4 22.9 0.0 3.0 265.8 Financial assets measured at through other comprehensive income – debt 2.2 2.2 Total maximum exposure to reflected on the balance sheet within 729.8 33.7 181.0 197.9 23.4 22.9 0.0 3.0 268.0 Guarantees 7 22.1 1.2 9.3 0.1 2.0 1.8 7.7 Loan commitments 7 39.9 0.2 3.1 1.3 6.5 0.1 1.0 27.8 Forward starting transactions, and securities borrowing agreements 3.8 3.8 0.0 Committed unconditionally revocable credit lines 41.4 0.2 8.2 6.0 6.2 0.5 20.2 Total maximum exposure to reflected on the balance sheet within 107.2 1.6 24.4 7.5 14.7 0.0 0.1 3.3 55.7 31.12.21 Collateral 1,2 Credit enhancements 1 Exposure to credit risk after collateral and credit enhancements USD bn Maximum exposure to credit risk Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral 3 Netting Credit derivative contracts Guarantees Financial assets measured at amortized cost on the balance sheet Cash and balances at central banks 192.8 192.8 Loans and advances to banks 4 15.5 0.1 0.1 15.3 Receivables from securities financing transactions measured at amortized cost 75.0 0.0 68.0 6.9 0.0 Cash collateral receivables on derivative 5,6 30.5 18.4 12.1 Loans and advances to customers 397.8 37.5 128.7 191.3 20.2 4.0 16.2 Other financial assets measured at amortized cost 26.2 0.2 0.1 0.0 1.3 24.6 Total financial assets 737.8 37.7 196.9 191.3 28.4 18.4 0.0 4.0 261.0 Financial assets measured at through other comprehensive income – debt 8.8 8.8 Total maximum exposure to reflected on the balance sheet within 746.6 37.7 196.9 191.3 28.4 18.4 0.0 4.0 269.8 Guarantees 7 20.9 1.3 6.5 0.2 2.5 2.3 8.1 Loan commitments 7 39.4 0.5 4.0 2.4 7.3 0.3 1.7 23.1 Forward starting transactions, and securities borrowing agreements 1.4 1.4 0.0 Committed unconditionally revocable credit lines 40.7 0.3 9.0 6.2 3.9 0.5 20.9 Total maximum exposure to reflected on the balance sheet within 102.5 2.2 20.9 8.7 13.7 0.0 0.3 4.5 52.1 1 Of which: USD 1,372 m for 31 December 2022 (31 December 2021: USD 1,443 m) relates to total credit-impaired financial assets measured 113 m for 31 December 2022 (31 December USD 130 m) to total off-balance sheet financial instruments and credit lines for credit-impaired positions. real estate and other collateral. UBS gold and other commodities. within Cash collateral associated credit “Guarantees” column includes e) Financial assets subject to credit risk The table below rating system and year-end stage classification. Under IFRS 9, the credit risk rating reflects the Group’s assessment of the probability of default of individual counterparties, allowances. › Refer to the “Risk Financial assets subject to credit risk by USD m 31.12.22 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total gross carrying amount ECL allowances Net carrying amount (maximum exposure to credit risk) Financial assets measured at amortized Cash and balances at central banks 168,525 877 0 0 56 0 169,457 (12) 169,445 of which: stage 1 168,525 877 0 0 0 0 169,402 0 169,402 of which: stage 2 0 0 0 0 56 0 56 (12) 44 Loans and advances to banks 862 12,257 860 440 379 0 14,798 (6) 14,792 of which: stage 1 862 12,257 860 440 378 0 14,797 (5) 14,792 of which: stage 2 0 0 0 0 1 0 1 (1) 1 of which: stage 3 0 0 0 0 0 0 0 0 0 Receivables from securities amortized cost 27,158 15,860 8,870 15,207 721 0 67,816 (2) 67,814 of which: stage 1 27,158 15,860 8,870 15,207 721 0 67,816 (2) 67,814 Cash collateral receivables on 10,613 12,977 7,138 4,157 147 0 35,033 0 35,032 of which: stage 1 10,613 12,977 7,138 4,157 147 0 35,033 0 35,032 Loans and advances to customers 6,491 214,473 68,356 74,732 21,939 2,012 388,003 (783) 387,220 of which: stage 1 6,491 212,980 66,114 68,034 16,605 0 370,224 (129) 370,095 of which: stage 2 0 1,493 2,242 6,698 5,334 0 15,767 (180) 15,587 of which: stage 3 0 0 0 0 0 2,012 2,012 (474) 1,538 Other financial assets measured at 29,011 16,632 447 6,600 450 210 53,350 (86) 53,264 of which: stage 1 29,011 16,630 427 6,317 336 0 52,721 (17) 52,704 of which: stage 2 0 2 20 283 114 0 419 (6) 413 of which: stage 3 0 0 0 0 0 210 210 (63) 147 Total financial assets 242,660 273,076 85,671 101,136 23,693 2,222 728,457 (889) 727,568 On-balance sheet financial instruments Financial assets measured at FVOCI 1,307 840 0 92 0 0 2,239 0 2,239 Total on-balance 243,966 273,916 85,671 101,228 23,693 2,222 730,696 (889) 729,807 Off-balance sheet positions subject to expected USD m 31.12.22 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total off- balance sheet exposure (maximum exposure to credit risk) ECL provisions Off-balance sheet financial instruments Guarantees 7,252 5,961 4,772 3,049 1,025 108 22,167 (48) of which: stage 1 7,252 5,917 3,812 2,229 596 0 19,805 (13) of which: stage 2 0 44 960 821 429 0 2,254 (9) of which: stage 3 0 0 0 0 0 108 108 (26) Irrevocable loan commitments 1,770 14,912 6,986 10,097 6,107 124 39,996 (111) of which: stage 1 1,770 14,789 6,818 9,625 4,529 0 37,531 (59) of which: stage 2 0 123 168 472 1,578 0 2,341 (52) of which: stage 3 0 0 0 0 0 124 124 0 Forward starting reverse repurchase 2,781 2 11 1,007 0 0 3,801 0 Total off-balance sheet 11,803 20,874 11,769 14,153 7,132 233 65,964 (159) Credit lines Committed unconditionally revocable 2,288 15,918 9,247 10,162 3,739 36 41,390 (40) of which: stage 1 2,288 15,213 8,960 9,631 3,429 0 39,521 (32) of which: stage 2 0 705 287 531 310 0 1,833 (8) of which: stage 3 0 0 0 0 0 36 36 0 Irrevocable committed prolongation 7 1,939 1,489 868 392 2 4,696 (2) of which: stage 1 7 1,938 1,411 864 380 0 4,600 (2) of which: stage 2 0 1 78 4 11 0 94 0 of which: stage 3 0 0 0 0 0 2 2 0 Total credit lines 2,295 17,857 10,736 11,030 4,131 37 46,086 (42) 1 Refer to the “Internal UBS rating Financial assets subject to credit risk by USD m 31.12.21 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total gross carrying amount ECL allowances Net carrying amount (maximum exposure to credit risk) Financial assets measured at amortized Cash and balances at central banks 191,015 1,802 0 0 0 0 192,817 0 192,817 of which: stage 1 191,015 1,802 0 0 0 0 192,817 0 192,817 Loans and advances to banks 407 12,623 1,171 795 490 1 15,488 (8) 15,480 of which: stage 1 407 12,623 1,146 795 488 0 15,460 (7) 15,453 of which: stage 2 0 0 24 0 2 0 27 (1) 26 of which: stage 3 0 0 0 0 0 1 1 0 1 Receivables from securities measured at amortized cost 34,386 11,267 10,483 17,440 1,439 0 75,014 (2) 75,012 of which: stage 1 34,386 11,267 10,483 17,440 1,439 0 75,014 (2) 75,012 Cash collateral receivables on 7,466 13,476 5,878 3,647 47 0 30,514 0 30,514 of which: stage 1 7,466 13,476 5,878 3,647 47 0 30,514 0 30,514 Loans and advances to customers 5,295 232,233 67,620 69,892 21,423 2,148 398,611 (850) 397,761 of which: stage 1 5,295 231,153 65,084 62,796 16,362 0 380,690 (126) 380,564 of which: stage 2 0 1,080 2,536 7,096 5,061 0 15,773 (152) 15,620 of which: stage 3 0 0 0 0 0 2,148 2,148 (572) 1,577 Other financial assets measured at 12,564 6,702 321 6,072 394 264 26,318 (109) 26,209 of which: stage 1 12,564 6,693 307 5,863 317 0 25,745 (27) 25,718 of which: stage 2 0 10 13 209 77 0 309 (7) 302 of which: stage 3 0 0 0 0 0 264 264 (76) 189 Total financial assets 251,133 278,103 85,472 97,846 23,793 2,414 738,762 (969) 737,794 On-balance sheet financial instruments Financial assets measured at FVOCI 3,996 4,771 0 77 0 0 8,844 0 8,844 Total on-balance 255,130 282,874 85,472 97,923 23,793 2,414 747,606 (969) 746,638 Off-balance sheet positions subject to expected USD m 31.12.21 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total off- balance sheet exposure (maximum exposure to credit risk) ECL provisions Off-balance sheet financial instruments Guarantees 4,457 7,064 4,535 3,757 1,009 150 20,972 (41) of which: stage 1 4,457 7,037 4,375 3,075 752 0 19,695 (18) of which: stage 2 0 27 160 682 258 0 1,127 (8) of which: stage 3 0 0 0 0 0 150 150 (15) Irrevocable loan commitments 2,797 14,183 7,651 8,298 6,502 46 39,478 (114) of which: stage 1 2,797 13,917 7,416 7,127 5,840 0 37,097 (72) of which: stage 2 0 266 235 1,171 663 0 2,335 (42) of which: stage 3 0 0 0 0 0 46 46 0 Forward starting reverse repurchase 0 0 55 1,389 0 0 1,444 0 Total off-balance sheet 7,254 21,247 12,241 13,444 7,512 196 61,894 (155) Credit lines Committed unconditionally revocable 2,636 15,594 8,627 9,752 4,107 63 40,778 (38) of which: stage 1 2,636 15,250 8,304 8,346 3,671 0 38,207 (28) of which: stage 2 0 344 323 1,406 436 0 2,508 (10) of which: stage 3 0 0 0 0 0 63 63 0 Irrevocable committed prolongation 17 2,438 1,422 1,084 602 48 5,611 (3) of which: stage 1 17 2,438 1,422 1,082 568 0 5,527 (3) of which: stage 2 0 0 0 1 34 0 36 0 of which: stage 3 0 0 0 0 0 48 48 0 Total credit lines 2,653 18,032 10,049 10,836 4,709 111 46,390 (41) 1 Refer to the “Internal UBS rating f) Sensitivity information As outlined in Note ECL models The models to each of the Sustainability and climate risk Sustainability and climate risk (SCR) may negatively affect clients exposure to physical risks in locations in credit worthiness, which in turn would While some indicators models where they have demonstrated statistical to the four this point in time is the significance of model risks and the paucity of data. Instead, transition risk is deemed a downward revision individual contribution to ECLs. At the portfolio quality of the a set of assumptions presented concluded that the counterparties there are no material risk concentrations in high-risk sectors. The any potential significant impacts from transition costs or in most cases the this would for investments in upgrading As a average ECL would not be material as of 31 December 2022. Therefore, no specific post-model adjustment this regard. › Refer to “Sustainability › Refer to “Our focus › Refer to “UBS AG consolidated book Forward-looking scenarios Depending the directions under low growth key risk drivers of a given credit As forecasting of individual macroeconomy. compensatory effects in other segments macroeconomic unchanged. Potential effect on stage USD m 100% Baseline 100% Stagflationary geopolitical crisis 100% Global crisis Weighted average Change in key parameters Fixed income: Government bonds –0.50% (3) (106) (2) (14) +0.50% 4 124 2 17 +1.00% 8 264 10 37 Unemployment rate (absolute change) –1.00% (4) (138) (24) (23) –0.50% (2) (78) (13) (12) +0.50% 3 84 16 15 +1.00% 5 179 32 31 Real GDP growth (relative change) –2.00% 7 13 18 11 –1.00% 3 7 9 5 +1.00% (3) (7) (9) (5) +2.00% (5) (13) (18) (10) House Price Index (relative change) –5.00% 15 196 88 56 –2.50% 7 92 40 25 +2.50% (4) (83) (35) (19) +5.00% (7) (157) (65) (36) Equity (S&P500, EuroStoxx, SMI) –10.00% 4 7 6 5 –5.00% 2 3 3 2 +5.00% (2) (4) (3) (2) +10.00% (4) (8) (7) (5) Sensitivities macroeconomic alternative changes to portfolios and disclosed for each The forecasting horizon is limited to three years, with a model Changes to these timelines may have will lead to different annualized lifetime PD and average LGD estimations. This is currently not deemed to be material for UBS, horizon. Scenario weights and stage allocation Potential effect Actual ECL allowances and provisions, including staging (as per Note 9) Pro forma ECL allowances and provisions, assuming all positions being subject to lifetime ECL Scenarios Weighted average 100% Baseline 100% Asset price inflation 100% Stagflationary geopolitical crisis 100% Global crisis Weighted average USD m, except where indicated Segmentation Private clients with mortgages (136) (25) (13) (523) (184) (473) Real estate financing (43) (26) (22) (176) (30) (126) Large corporate clients (136) (97) (84) (199) (174) (235) SME clients (86) (67) (66) (162) (97) (153) Other segments (125) (114) (111) (145) (153) (281) Total (526) (329) (295) (1,204) (638) (1,267) Scenario weights ECL is sensitive to changing scenario weights, the baseline scenario, highlighting As 329 m (31 2021: 387 m) 526 m 503 m) baseline scenario . The weighted-average ECL 160 % (31 December 2021: 130 %) of the baseline value. The effects of weighting Stage allocation and SICR The determination the SICR trigger will have a direct effect on ECLs, as more or fewer positions would be subject to lifetime ECLs under any scenario. The allowances and provisions 1,267 m, if all non-impaired positions across the with actual stage 1 and 2 526 m as of 31 December 2022. Maturity profile The maturity into stage short. Lending years. Real estate lending is generally between Lombard-lending features. A agreements, drawings under such agreements with a fixed maturity, the respective term is of 12 months in stage 1; b) for unused UBS generally applies a 12-month maturity from the reporting continuous monitoring of key indicators and behavioral patterns other limit. The ECLs for these products |
UBS AG | |
Entity [Table] | |
Disclosure Of Financial Assets Explanatory | Additional information Note 19 a) Expected credit losses in the period Total 29 m in 2022, reflecting 29 m related to stage 1 and 2 positions and USD 0 m net credit loss expenses related to credit-impaired Stage 1 29 m 123 m parameter updates 13 m related to 77 m post-model adjustment (PMA) releases and 30 m releases related to model changes. Lending to corporate clients not secured mortgages contributed USD 21 m, mainly driven by scenario effects related to the interest rate stagflationary mortgages contributed 16 m , fects assumptions, was partly offset by releases from other lending 9 m. › Refer to Note 19b adjustment and to Stage 3 net expenses of USD 0 m were recognized across 12 m in Personal 5 m in 18 m in Investment Bank, including a USD 28 m release for a single airline-related counterparty, mainly due to improved cashflow assumptions, and USD 10 m net expenses across a number of defaulted positions. Credit loss expense USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions Total For the year ended Stages 1 and 2 (5) 27 0 6 1 29 Stage 3 5 12 0 (18) 2 0 Total credit loss expense / 0 39 0 (12) 3 29 For the year ended Stages 1 and 2 (28) (62) 0 (34) 0 (123) Stage 3 (1) (24) 1 0 0 (25) Total credit loss expense / (29) (86) 1 (34) 0 (148) For the year ended Stages 1 and 2 48 129 0 88 0 266 Stage 3 40 128 2 217 42 429 Total credit loss expense / 88 257 2 305 42 695 b) Changes to ECL models, Refer weights and key inputs Governance Comprehensive cross-functional scenario updates and model outputs and to reach Model changes During 2022, the model review and enhancement process led to adjustments default (LGD), and 30 m decrease in a 19 m portfolios and 11 m decrease large corporate clients financial intermediaries . Scenario and key input During 2022, the scenarios considering the changed the inflation outlook and economic growth in Europe, and rising global interest rates due to central banks’ adoption of more restrictive monetary Baseline scenario : the for UBS AG’s business planning purposes, are broadly Oxford Economics and the International growth stalls inflation – further fueled in Europe by the energy crisis and a lack of labor supply – even though unemployment rates are forecast to be higher than in 2022 and an energy crisis in remain high, is cushioned in Switzerland Global crisis The first binding stress scenario and was while the associated disruptions critical. Concerns regarding a loss central banks have limited scope China significantly. A significantly affected. estate sectors contract Stagflationary The developments caused by Russia’s invasion of Ukraine, the mild global interest rate steepening scenario severe global increased fears of the progression severe Russia–Ukraine conflict scenario specifically the prospect of inflation rates. stagflationary geopolitical included this new severe Russia–Ukraine conflict scenario . While severe Russia–Ukraine conflict , it also covers additional and broader risks and undermine globalization. The disruptions of assumptions in in Switzerland and the section below Asset price The upside tensions across the prices, business sentiment lead to an economic rebound with central banks able to normalize interest rates; asset prices increase significantly. The table below details the key assumptions Scenario weights and post Due during 2022. The upside scenario was allocated 0 % probability, and the previous 5 % weight was added to the baseline scenario , now 60 %. Following occurring than global crisis , the weights 25 % (compared 10 % for the mild global global crisis scenario 15 % (from 30 % as of 31 December The outlook and monetary policy, compared with the uncertain developments However, unquantifiable risks continue new disruptions. from escalations with unforeseeable the development experiences regarding interdependencies of comprehensively reflect order. Rather than that lack supportable information and These PMA took into account that more of the downside risks were modeled in 2022, particularly for lending mortgages. 131 m 224 m). remaining PMA Personal & Corporate Banking Economic scenarios and weights applied Assigned weights in % ECL scenario 31.12.22 31.12.21 Asset price inflation 0.0 5.0 Baseline 60.0 55.0 Mild global interest rate steepening 0.0 10.0 Stagflationary geopolitical crisis 25.0 0.0 Global crisis 15.0 30.0 Scenario assumptions One year Three years cumulative 31.12.22 Asset price inflation Baseline Stagflationary geopolitical crisis Global crisis Asset price inflation Baseline Stagflationary geopolitical crisis Global crisis Real GDP growth (% change) United States 4.0 (0.3) (4.8) (6.4) 9.1 3.2 (4.4) (1.8) Eurozone 3.0 0.6 (5.6) (8.5) 6.2 2.5 (5.7) (8.3) Switzerland 3.0 0.7 (4.8) (6.7) 6.6 3.5 (4.9) (3.7) Consumer price index (% change) United States 2.5 2.6 10.0 (0.5) 8.1 6.5 15.8 1.2 Eurozone 2.3 5.0 9.6 (0.7) 7.4 9.6 14.8 (0.7) Switzerland 2.1 1.6 5.8 (1.8) 6.2 3.9 10.7 (1.6) Unemployment rate (end-of United States 3.0 3.9 9.2 10.0 3.0 5.3 11.8 9.4 Eurozone 6.0 7.0 10.9 11.9 6.0 7.1 12.2 13.0 Switzerland 1.7 2.3 4.3 4.4 1.5 2.6 5.1 4.9 Fixed income: 10-year government USD 25.0 (5.6) 235.0 (326.0) 70.0 (13.2) 205.0 (291.1) EUR 20.0 47.8 250.0 (270.6) 57.5 44.7 220.0 (246.5) CHF 25.0 45.7 220.0 (209.7) 62.5 57.0 205.0 (159.6) Equity indices (% change) S&P 500 20.0 7.4 (51.5) (50.0) 51.7 22.8 (45.6) (27.9) EuroStoxx 50 17.0 17.2 (51.6) (50.0) 42.9 29.2 (47.2) (39.3) SPI 14.0 5.6 (51.6) (46.0) 37.9 19.3 (47.2) (32.9) Swiss real estate (% change) Single-Family Homes 6.6 1.1 (16.7) (19.9) 14.0 2.3 (32.9) (23.9) Other real estate (% change) United States (S&P / Case–Shiller) 7.8 (4.5) (12.8) (19.3) 19.1 (0.6) (35.8) (32.7) Eurozone (House Price Index) 7.0 (2.7) (8.4) (8.9) 15.4 2.0 (14.7) (17.5) Scenario assumptions One year Three years cumulative 31.12.21 Asset price inflation Baseline Mild global interest rate steepening Global crisis Asset price inflation Baseline Mild global interest rate steepening Global crisis Real GDP growth (% change) United States 9.1 4.4 (0.1) (5.9) 17.8 10.1 1.8 (3.8) Eurozone 9.4 3.9 (0.1) (8.7) 17.3 7.5 0.9 (10.3) Switzerland 5.5 2.4 (0.9) (6.6) 13.1 5.8 (0.1) (5.7) Consumer price index (% change) United States 3.1 2.2 5.7 (1.2) 9.5 6.3 13.0 0.4 Eurozone 2.3 1.4 4.2 (1.3) 8.0 4.8 10.4 (1.7) Switzerland 1.8 0.3 3.5 (1.8) 6.1 1.7 9.0 (1.6) Unemployment rate (end-of United States 3.0 3.9 6.1 10.9 3.0 3.5 7.2 10.8 Eurozone 6.2 7.4 8.7 12.9 6.0 7.2 9.1 15.1 Switzerland 2.3 2.5 3.4 5.2 1.6 2.3 4.2 5.9 Fixed income: 10-year government USD 50.0 16.5 259.2 (50.0) 170.0 41.2 329.2 (15.0) EUR 40.0 11.1 283.8 (35.0) 140.0 34.9 349.3 (25.0) CHF 50.0 12.1 245.5 (70.0) 150.0 34.4 307.3 (35.0) Equity indices (% change) S&P 500 12.0 14.1 (27.0) (50.2) 35.5 24.7 (21.8) (40.1) EuroStoxx 50 16.0 12.3 (23.4) (57.6) 41.6 20.7 (19.9) (50.4) SPI 14.0 12.1 (22.9) (53.6) 37.9 19.1 (19.6) (44.2) Swiss real estate (% change) Single-Family Homes 5.1 4.4 (4.3) (17.0) 15.5 7.4 (8.8) (30.0) Other real estate (% change) United States (S&P / Case–Shiller) 10.0 3.5 (2.3) (9.5) 21.7 7.1 (8.7) (26.3) Eurozone (House Price Index) 8.4 5.1 (4.0) (5.4) 17.8 9.6 (7.6) (10.8) c) Development of ECL allowances The ECL allowances and provisions – the effect of selecting and – origination of new instruments during – the effect for the remaining lifetime decreases (all other – derecognition of instruments in the – change in individual asset quality of instruments; – movements from between stages 1 and 2; – movements from stages 1 and 2 to stage 3 (credit-impaired status) when default has become certain and PD increases to 100% (or vice versa); – changes in models or updates – write-off; and – foreign exchange translations for assets denominated The instruments and credit factors listed above. Development of ECL allowances USD m Total Stage 1 Stage 2 Stage 3 Balance as of 31 December 2021 (1,165) (282) (220) (662) Net movement from new and derecognized 1 (7) (21) 16 (2) of which: Private clients with mortgages (6) (6) 0 0 of which: Real estate financing (3) (5) 2 0 of which: Large corporate clients 8 (1) 11 (2) of which: SME clients (1) (1) 0 0 of which: Other (6) (8) 3 0 0 (2) 2 0 0 0 0 0 Remeasurements with stage transfers 2 (65) 20 (39) (46) of which: Private clients with mortgages (10) 3 (12) 0 of which: Real estate financing 7 (1) 8 0 of which: Large corporate clients (33) 16 (28) (21) of which: SME clients (23) 2 (2) (22) of which: Other (6) 1 (4) (3) 0 0 0 0 1 2 (1) 0 Remeasurements without 3 13 (8) (27) 48 of which: Private clients with mortgages (12) 5 (18) 1 of which: Real estate financing 13 3 10 0 of which: Large corporate clients 32 (11) 2 41 of which: SME clients (6) (10) (9) 14 of which: Other (15) 5 (12) (8) (8) 0 (8) 0 (3) 3 (1) (6) Model changes 4 30 29 1 0 Movements with profit or loss impact 5 (29) 20 (49) 0 Movements without profit or loss impact 6 104 3 1 99 Balance as of 31 December 2022 (1,091) (260) (267) (564) 1 Represents derecognition of loans or facilities on their maturity date or earlier. related to 4 Represents the change in the allowances methodology changes. uncollectible or forgiven and Movements with profit Stages 1 29 m: – Net movement 21 m stage 1 16 m stage 2 releases: Stage 1 expenses are primarily driven by new loans secured by real estate. The residual lending segments. Stage 2 – Remeasurements with 20 m releases 39 m expenses mainly includes (i.e., releases in effects. – Remeasurements 8 m 27 m. These expenses of 35 m relate 28 m), substantially and to a single sovereign 8 m). – Model changes: refer to Note Movements without profit or loss impact: Stage 3 allowances decreased by USD 99 m almost entirely due to write-offs of USD 95 m. Development of ECL allowances USD m Total Stage 1 Stage 2 Stage 3 Balance as of 31 December 2020 (1,468) (306) (333) (829) Net movement from new and derecognized 1 (59) (72) 13 0 of which: Private clients with mortgages (7) (10) 3 0 of which: Real estate financing (7) (11) 4 0 of which: Large corporate clients (13) (21) 7 0 of which: SME clients (8) (8) 0 0 of which: Other (24) (23) (2) 0 (21) (18) (4) 0 0 (1) 1 0 Remeasurements with stage transfers 2 (40) 8 0 (49) of which: Private clients with mortgages (9) 4 (13) 0 of which: Real estate financing (3) 1 (4) 0 of which: Large corporate clients 2 (2) 12 (8) of which: SME clients (27) 5 4 (36) of which: Other (3) 0 2 (4) 2 (1) 3 0 0 1 (1) 0 Remeasurements without 3 203 55 74 74 of which: Private clients with mortgages 33 8 26 (1) of which: Real estate financing 30 13 13 3 of which: Large corporate clients 44 5 21 17 of which: SME clients 53 (1) 1 53 of which: Other 44 29 14 2 27 15 12 0 6 8 1 (3) Model changes 4 45 29 16 0 Movements with profit or loss impact 5 148 19 104 25 Movements without profit or loss impact 6 154 5 9 141 Balance as of 31 December 2021 (1,165) (282) (220) (662) 1 Represents derecognition of loans or facilities on their maturity date or earlier. related to 4 Represents the change in the allowances methodology changes. uncollectible or forgiven and As explained and primary assessment considers changes in PD based on rating analyses and economic outlook. Additionally, UBS AG takes into consideration days past due. ECL stage 2 (“significant deterioration USD m Stage 2 of which: PD layer of which: watch list of which: ≥30 days past due On- (267) (196) (21) (50) of which: Private clients with mortgages (107) (83) 0 (25) of which: Real estate financing (23) (18) 0 (5) of which: Large corporate clients (65) (51) (13) 0 of which: SME clients (37) (22) (7) (7) of which: Financial intermediaries and hedge (17) (17) 0 0 of which: Loans to financial advisors (2) 0 0 (2) of which: Credit cards (12) 0 0 (12) of which: Other (5) (5) 0 0 d) Maximum exposure to credit risk The tables and instruments. The maximum exposure sheet subject to credit risk collateral is presented at fair enhancements, capped section of this respects from the requirements of International Maximum exposure to credit 31.12.22 Collateral 1,2 Credit enhancements 1 Exposure to credit risk after collateral and credit enhancements USD bn Maximum exposure to credit risk Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral 3 Netting Credit derivative contracts Guarantees Financial assets measured at amortized cost on the balance sheet Cash and balances at central banks 169.4 169.4 Loans and advances to banks 4 14.7 0.0 0.1 14.6 Receivables from securities financing transactions measured at amortized cost 67.8 0.0 64.5 2.4 0.9 Cash collateral receivables on derivative 5,6 35.0 22.9 12.1 Loans and advances to customers 390.0 36.1 115.9 197.8 19.6 3.0 17.6 Other financial assets measured at amortized cost 53.4 0.1 0.5 0.0 1.3 51.4 Total financial assets 730.4 36.2 181.0 197.9 23.4 22.9 0.0 3.0 266.1 Financial assets measured at through other comprehensive income – debt 2.2 2.2 Total maximum exposure to reflected on the balance sheet within 732.6 36.2 181.0 197.9 23.4 22.9 0.0 3.0 268.3 Guarantees 7 22.1 1.2 9.3 0.1 2.0 1.8 7.7 Loan commitments 7 39.9 0.2 3.1 1.3 6.5 0.1 1.0 27.8 Forward starting transactions, and securities borrowing agreements 3.8 3.8 0.0 Committed unconditionally revocable credit lines 43.6 0.2 8.2 6.0 6.2 0.5 22.5 Total maximum exposure to reflected on the balance sheet within 109.4 1.6 24.4 7.5 14.7 0.0 0.1 3.3 58.0 31.12.21 Collateral 1,2 Credit enhancements 1 Exposure to credit risk after collateral and credit enhancements USD bn Maximum exposure to credit risk Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral 3 Netting Credit derivative contracts Guarantees Financial assets measured at amortized cost on the balance sheet Cash and balances at central banks 192.8 192.8 Loans and advances to banks 4 15.4 0.1 0.1 15.1 Receivables from securities financing transactions measured at amortized cost 75.0 0.0 68.0 6.9 0.0 Cash collateral receivables on derivative 5,6 30.5 18.4 12.1 Loans and advances to customers 398.7 38.2 128.7 191.3 20.2 4.0 16.4 Other financial assets measured at amortized cost 26.2 0.2 0.1 0.0 1.3 24.7 Total financial assets 738.6 38.4 196.9 191.3 28.4 18.4 0.0 4.0 261.1 Financial assets measured at through other comprehensive income – debt 8.8 8.8 Total maximum exposure to reflected on the balance sheet within 747.5 38.4 196.9 191.3 28.4 18.4 0.0 4.0 270.0 Guarantees 7 20.9 1.3 6.5 0.2 2.5 2.3 8.1 Loan commitments 7 39.4 0.5 4.0 2.4 7.3 0.3 1.7 23.1 Forward starting transactions, and securities borrowing agreements 1.4 1.4 0.0 Committed unconditionally revocable credit lines 42.3 0.3 9.0 6.2 3.9 0.5 22.5 Total maximum exposure to reflected on the balance sheet within 104.1 2.2 20.9 8.7 13.7 0.0 0.3 4.5 53.7 1 Of which: USD 1,372 m for 31 December 2022 (31 December 1,443 m) relates to total credit-impaired financial 113 m for 31 December 2022 (31 December USD 130 m) to total off-balance sheet financial instruments and credit real estate and loans, gold 5 Included within Cash retain the associated the “Guarantees” column includes e) Financial assets subject to credit risk The table below shows the credit quality and the maximum exposure rating system and the impairment allowances. › Refer to the “Risk system Financial assets subject to credit risk by USD m 31.12.22 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total gross carrying amount ECL allowances Net carrying amount (maximum exposure to credit risk) Financial assets measured at amortized Cash and balances at central banks 168,525 877 0 0 56 0 169,457 (12) 169,445 of which: stage 1 168,525 877 0 0 0 0 169,402 0 169,402 of which: stage 2 0 0 0 0 56 0 56 (12) 44 Loans and advances to banks 862 11,150 832 996 837 0 14,676 (6) 14,671 of which: stage 1 862 11,150 832 996 836 0 14,675 (5) 14,670 of which: stage 2 0 0 0 0 1 0 1 (1) 1 of which: stage 3 0 0 0 0 0 0 0 0 0 Receivables from securities amortized cost 27,158 15,860 8,870 15,207 721 0 67,816 (2) 67,814 of which: stage 1 27,158 15,860 8,870 15,207 721 0 67,816 (2) 67,814 Cash collateral receivables on 10,613 12,978 7,138 4,157 147 0 35,034 0 35,033 of which: stage 1 10,613 12,978 7,138 4,157 147 0 35,034 0 35,033 Loans and advances to customers 6,491 216,824 68,444 76,147 20,891 2,012 390,810 (783) 390,027 of which: stage 1 6,491 215,332 66,202 69,450 15,557 0 373,032 (129) 372,903 of which: stage 2 0 1,493 2,242 6,698 5,334 0 15,767 (180) 15,587 of which: stage 3 0 0 0 0 0 2,012 2,012 (474) 1,538 Other financial assets measured at 29,011 16,649 447 6,708 450 210 53,475 (86) 53,389 of which: stage 1 29,011 16,646 427 6,426 336 0 52,846 (17) 52,829 of which: stage 2 0 2 20 283 114 0 419 (6) 413 of which: stage 3 0 0 0 0 0 210 210 (63) 147 Total financial assets 242,660 274,337 85,731 103,216 23,102 2,222 731,269 (890) 730,379 On-balance sheet financial instruments Financial assets measured at FVOCI 1,307 840 0 92 0 0 2,239 0 2,239 Total on-balance 243,966 275,178 85,731 103,308 23,102 2,222 733,508 (890) 732,618 Off-balance sheet positions subject to expected USD m 31.12.22 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total off- balance sheet exposure (maximum exposure to credit risk) ECL provisions Off-balance sheet financial instruments Guarantees 7,252 5,961 4,772 3,049 1,025 108 22,167 (48) of which: stage 1 7,252 5,917 3,812 2,229 596 0 19,805 (13) of which: stage 2 0 44 960 821 429 0 2,254 (9) of which: stage 3 0 0 0 0 0 108 108 (26) Irrevocable loan commitments 1,770 14,912 6,986 10,097 6,107 124 39,996 (111) of which: stage 1 1,770 14,789 6,818 9,625 4,529 0 37,531 (59) of which: stage 2 0 123 168 472 1,578 0 2,341 (52) of which: stage 3 0 0 0 0 0 124 124 0 Forward starting reverse repurchase 2,781 2 11 1,007 0 0 3,801 0 Total off-balance sheet 11,803 20,874 11,769 14,153 7,132 233 65,964 (159) Credit lines Committed unconditionally revocable 2,288 16,483 9,247 11,885 3,739 36 43,677 (40) of which: stage 1 2,288 15,777 8,960 11,355 3,429 0 41,809 (32) of which: stage 2 0 705 287 531 310 0 1,833 (8) of which: stage 3 0 0 0 0 0 36 36 0 Irrevocable committed prolongation 7 1,939 1,489 868 392 2 4,696 (2) of which: stage 1 7 1,938 1,411 864 380 0 4,600 (2) of which: stage 2 0 1 78 4 11 0 94 0 of which: stage 3 0 0 0 0 0 2 2 0 Total credit lines 2,295 18,421 10,736 12,753 4,131 37 48,373 (42) 1 Refer to the “Internal UBS rating Financial assets subject to credit risk by USD m 31.12.21 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total gross carrying amount ECL allowances Net carrying amount (maximum exposure to credit risk) Financial assets measured at amortized Cash and balances at central banks 191,015 1,802 0 0 0 0 192,817 0 192,817 of which: stage 1 191,015 1,802 0 0 0 0 192,817 0 192,817 Loans and advances to banks 407 12,552 1,123 795 490 1 15,368 (8) 15,360 of which: stage 1 407 12,552 1,098 795 488 0 15,340 (7) 15,333 of which: stage 2 0 0 24 0 2 0 27 (1) 26 of which: stage 3 0 0 0 0 0 1 1 0 1 Receivables from securities measured at amortized cost 34,386 11,267 10,483 17,440 1,439 0 75,014 (2) 75,012 of which: stage 1 34,386 11,267 10,483 17,440 1,439 0 75,014 (2) 75,012 Cash collateral receivables on 7,466 13,476 5,878 3,647 47 0 30,514 0 30,514 of which: stage 1 7,466 13,476 5,878 3,647 47 0 30,514 0 30,514 Loans and advances to customers 5,295 232,663 67,620 70,394 21,423 2,148 399,543 (850) 398,693 of which: stage 1 5,295 231,583 65,083 63,298 16,362 0 381,622 (126) 381,496 of which: stage 2 0 1,080 2,536 7,096 5,061 0 15,773 (152) 15,620 of which: stage 3 0 0 0 0 0 2,148 2,148 (572) 1,577 Other financial assets measured at 12,564 6,705 321 6,097 394 264 26,346 (109) 26,236 of which: stage 1 12,564 6,696 307 5,887 317 0 25,772 (27) 25,746 of which: stage 2 0 10 13 209 77 0 309 (7) 302 of which: stage 3 0 0 0 0 0 264 264 (76) 189 Total financial assets 251,133 278,465 85,424 98,372 23,793 2,414 739,601 (969) 738,632 On-balance sheet financial instruments Financial assets measured at FVOCI 3,996 4,771 0 77 0 0 8,844 0 8,844 Total on-balance 255,130 283,236 85,424 98,449 23,793 2,414 748,445 (969) 747,477 Off-balance sheet positions subject to expected USD m 31.12.21 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total off- balance sheet exposure (maximum exposure to credit risk) ECL provisions Off-balance sheet financial instruments Guarantees 4,457 7,064 4,535 3,757 1,009 150 20,972 (41) of which: stage 1 4,457 7,037 4,375 3,075 752 0 19,695 (18) of which: stage 2 0 27 160 682 258 0 1,127 (8) of which: stage 3 0 0 0 0 0 150 150 (15) Irrevocable loan commitments 2,797 14,183 7,651 8,298 6,502 46 39,478 (114) of which: stage 1 2,797 13,917 7,416 7,127 5,840 0 37,097 (72) of which: stage 2 0 266 235 1,171 663 0 2,335 (42) of which: stage 3 0 0 0 0 0 46 46 0 Forward starting reverse repurchase 0 0 55 1,389 0 0 1,444 0 Total off balance 7,254 21,247 12,241 13,444 7,512 196 61,894 (155) Credit lines Committed unconditionally revocable 2,636 16,811 8,627 10,130 4,107 63 42,373 (38) of which: stage 1 2,636 16,467 8,304 8,724 3,671 0 39,802 (28) of which: stage 2 0 344 323 1,406 436 0 2,508 (10) of which: stage 3 0 0 0 0 0 63 63 0 Irrevocable committed prolongation 17 2,438 1,422 1,084 602 48 5,611 (3) of which: stage 1 17 2,438 1,422 1,082 568 0 5,527 (3) of which: stage 2 0 0 0 1 34 0 36 0 of which: stage 3 0 0 0 0 0 48 48 0 Total credit lines 2,653 19,249 10,049 11,214 4,709 111 47,984 (41) 1 Refer to the “Internal UBS rating f) Sensitivity information As outlined in Note ECL models The models to each of the Sustainability and climate risk Sustainability and climate risk (SCR) may negatively affect clients exposure to physical risks in locations in credit worthiness, which in turn would While some indicators models where addition approach assessment given the paucity of data. Instead, UBS transition risk is deemed a downward revision individual contribution to ECLs. At the portfolio level, UBS AG quality of the a set of assumptions presented concluded that the counterparties there are no material risk concentrations in high-risk sectors. The any potential significant impacts from transition costs or in most cases the this would for investments in upgrading As a average ECL would not be material as of 31 December 2022. this regard. › Refer to “Sustainability › Refer to “Our focus › Refer to “UBS AG consolidated book Forward-looking scenarios Depending the directions under low growth key risk drivers of a given credit As forecasting of individual macroeconomy. compensatory effects in other segments macroeconomic unchanged. Potential effect on stage USD m 100% Baseline 100% Stagflationary geopolitical crisis 100% Global crisis Weighted average Change in key parameters Fixed income: Government bonds –0.50% (3) (106) (2) (14) +0.50% 4 124 2 17 +1.00% 8 264 10 37 Unemployment rate (absolute change) –1.00% (4) (138) (24) (23) –0.50% (2) (78) (13) (12) +0.50% 3 84 16 15 +1.00% 5 179 32 31 Real GDP growth (relative change) –2.00% 7 13 18 11 –1.00% 3 7 9 5 +1.00% (3) (7) (9) (5) +2.00% (5) (13) (18) (10) House Price Index (relative change) –5.00% 15 196 88 56 –2.50% 7 92 40 25 +2.50% (4) (83) (35) (19) +5.00% (7) (157) (65) (36) Equity (S&P500, EuroStoxx, SMI) –10.00% 4 7 6 5 –5.00% 2 3 3 2 +5.00% (2) (4) (3) (2) +10.00% (4) (8) (7) (5) Sensitivities macroeconomic alternative changes to portfolios and disclosed for each The forecasting horizon is limited to three years, with a model Changes to these timelines may have an will lead to different annualized lifetime PD and average LGD estimations. This is currently not deemed to be material for UBS, horizon. Scenario weights and stage allocation Potential effect Actual ECL allowances and provisions, including staging (as per Note 9) Pro forma ECL allowances and provisions, assuming all positions being subject to lifetime ECL Scenarios Weighted average 100% Baseline 100% Asset price inflation 100% Stagflationary geopolitical crisis 100% Global crisis Weighted average USD m, except where indicated Segmentation Private clients with mortgages (136) (25) (13) (523) (184) (473) Real estate financing (43) (26) (22) (176) (30) (126) Large corporate clients (136) (97) (84) (199) (174) (235) SME clients (86) (67) (66) (162) (97) (153) Other segments (125) (114) (111) (145) (153) (281) Total (526) (329) (295) (1,204) (638) (1,267) Scenario weights ECL is sensitive to changing scenario weights, the baseline scenario, highlighting As 329 m (31 2021: 387 m) 526 m 503 m) baseline scenario . The weighted-average 160 % (31 December 2021: 130 %) of the baseline value. The effects of weighting Stage allocation and SICR The determination the SICR trigger will have a direct effect on ECLs, as more or fewer positions would be subject to lifetime ECLs under any scenario. The allowances and provisions 1,267 m, if all non-impaired positions across the with actual stage 1 and 2 526 m as of 31 December 2022. Maturity profile The maturity into stage short. Lending years. Real estate lending is generally between Lombard-lending features. A agreements, drawings under such agreements with a fixed maturity, the respective term is of 12 months in stage 1; b) for unused UBS generally applies a 12-month maturity from the reporting continuous monitoring of key indicators and behavioral patterns other limit. The ECLs for these products |
Fair value measurement
Fair value measurement | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Fair Value Measurement Explanatory | Note 20 a) Valuation principles All financial and fair value hierarchy is based cases, purposes, input that is significant to the position’s – Level 1 – quoted prices (unadjusted) – Level 2 – valuation techniques for which – Level 3 – valuation techniques for which Fair values are determined the valuation including model, liquidity, credit which would particular valuation fair value hierarchy. Generally, the unit of account for a financial instrument is the individual instrument, and valuation conditions similar and offsetting risk exposures › Refer to Note 20d b) Valuation governance UBS’s safeguards New products control functions. Responsibility with the business divisions. Fair divisions. Independent price verification is performed estimates controls are valuation models are used Risk Control evaluate UBS’s models on As a of fair value to align with independent › Refer to Note 20d c) Fair value hierarchy The table at product types their classification within the fair During 2022, assets and liabilities that were transferred from Level 2 to Level 1, or from Level 1 to Level 2, and were held for the entire reporting period were Determination of fair values 1 31.12.22 31.12.21 USD m Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial assets measured at Financial assets at fair value held for trading 96,241 10,138 1,488 107,866 113,697 14,825 2,299 130,821 of which: Equity instruments 83,074 789 126 83,988 97,958 1,090 149 99,197 of which: Government bills / bonds 5,496 950 18 6,464 7,135 1,351 10 8,496 of which: Investment fund units 6,673 596 61 7,330 7,843 1,364 21 9,229 of which: Corporate and municipal bonds 976 6,363 541 7,880 708 7,604 556 8,868 of which: Loans 0 1,179 628 1,807 0 3,099 1,443 4,542 of which: Asset-backed securities 22 261 114 397 53 317 120 489 Derivative financial instruments 769 147,875 1,464 150,108 522 116,479 1,140 118,142 of which: Foreign exchange 575 84,881 2 85,458 255 53,043 7 53,305 of which: Interest rate 0 39,345 460 39,805 0 32,747 494 33,241 of which: Equity / index 1 21,542 653 22,195 0 27,861 384 28,245 of which: Credit 0 719 318 1,038 0 1,179 236 1,414 of which: Commodities 0 1,334 30 1,365 0 1,590 16 1,606 Brokerage receivables 0 17,576 0 17,576 0 21,839 0 21,839 Financial assets at fair value not held for trading 26,572 29,498 3,725 59,796 27,278 28,622 4,180 60,080 of which: Financial assets for unit-linked investment 13,071 1 0 13,072 21,110 187 6 21,303 of which: Corporate and municipal bonds 35 14,101 230 14,366 123 13,937 306 14,366 of which: Government bills / bonds 13,103 3,638 0 16,741 5,624 3,236 0 8,860 of which: Loans 0 3,602 736 4,337 0 4,982 892 5,874 of which: Securities financing transactions 0 7,590 114 7,704 0 5,704 100 5,804 of which: Auction rate securities 0 0 1,326 1,326 0 0 1,585 1,585 of which: Investment fund units 307 566 190 1,063 338 574 117 1,028 of which: Equity instruments 57 0 792 849 83 2 681 765 Financial assets measured at Financial assets measured at fair value through 57 2,182 0 2,239 2,704 6,140 0 8,844 of which: Asset-backed securities 2 0 0 0 0 0 4,849 0 4,849 of which: Government bills / bonds 2 0 26 0 26 2,658 27 0 2,686 of which: Corporate and municipal bonds 57 2,156 0 2,213 45 1,265 0 1,310 Non-financial assets measured at Precious metals and other physical commodities 4,471 0 0 4,471 5,258 0 0 5,258 Non-financial assets measured at Other non-financial assets 3 0 0 110 110 0 0 26 26 Total assets measured 128,110 207,269 6,788 342,166 149,459 187,905 7,645 345,010 Determination of fair values 1 31.12.22 31.12.21 USD m Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial liabilities measured at fair value Financial liabilities at fair value held for trading 23,578 5,823 114 29,515 25,413 6,170 105 31,688 of which: Equity instruments 16,521 352 78 16,951 18,328 513 83 18,924 of which: Corporate and municipal bonds 36 4,643 27 4,707 30 4,219 17 4,266 of which: Government bills / bonds 5,880 706 1 6,587 5,883 826 0 6,709 of which: Investment fund units 1,141 84 3 1,229 1,172 555 6 1,733 Derivative financial instruments 640 152,582 1,684 154,906 509 118,558 2,242 121,309 of which: Foreign exchange 587 87,897 24 88,508 258 53,800 21 54,078 of which: Interest rate 0 37,429 116 37,545 0 28,398 278 28,675 of which: Equity / index 0 24,963 1,184 26,148 0 33,438 1,511 34,949 of which: Credit 0 920 279 1,199 0 1,412 341 1,753 of which: Commodities 0 1,309 52 1,361 0 1,503 63 1,566 Financial liabilities designated at Brokerage payables designated at 0 45,085 0 45,085 0 44,045 0 44,045 Debt issued designated at fair value 0 63,111 10,527 73,638 0 59,606 14,194 73,799 Other financial liabilities designated at fair value 0 29,547 691 30,237 0 29,258 816 30,074 of which: Financial liabilities related to unit-linked 0 13,221 0 13,221 0 21,466 0 21,466 of which: Securities financing transactions 0 15,333 0 15,333 0 6,375 2 6,377 of which: Over-the-counter 0 993 691 1,684 0 1,417 814 2,231 Total liabilities measured 24,219 296,148 13,015 333,381 25,922 257,637 17,357 300,916 1 Bifurcated embedded derivatives are presented 2 Effective 1 April 2022, a portfolio of Refer to Note 1 for more information. less costs to sell. Valuation techniques UBS uses widely recognized valuation techniques for determining that are expected cash flows, relative value Discounted future cash that profiles to using an models. techniques and models. Relative value adjustments for differences Option referenced probability-weighted expected curve modeling formula or other mathematical techniques Where available, valuation techniques use market-observable assumptions and inputs. If such may be derived other observable market data. In such or analogous instruments, of current market conditions and For consensus pricing services and relevant and the uses internally developed models, which are typically within the and rates, levels of market volatility and correlation. Refer to Note 20e for more information. The discount curves used by the Group incorporate the funding Financial instruments Product Valuation and Government bills and bonds Valuation – Generally valued using prices – Instruments not techniques that incorporate market Fair value hierarchy – Generally traded in in classification as Level 1, Corporate and municipal bonds Valuation – Generally adjusted for seniority, maturity – When incorporating the credit spread of – For bond model. Fair value hierarchy – Generally classified as Level 1 – Level 3 instruments have no suitable Traded loans measured at fair value Valuation – Valued directly using market prices – Where derived from debt instruments in a credit and approach based on rating age Fair value hierarchy – Instruments with suitably deep – Positions requiring the use of valuation techniques, or for which the price sources have insufficient trading depth, are classified as Level 3. Investment fund units Valuation – Predominantly exchange – Where market prices are not available, Fair value hierarchy – Listed classification, while other positions are – Positions for which NAVs are not available Asset-backed securities (ABS) Valuation – For liquid securities, the valuation process will use trade and price data, updated for movements in market levels between the discounted expected cash flows incorporating Fair value hierarchy – Residential - backed , c ommercial - backed and generally classified as Level 2. However, if significant inputs are unobservable, or if market or fundamental data is not available, they are Auction rate securities (ARS) Valuation – ARS emanating from the liquidity risk as a function of perpetual instruments that require Fair value hierarchy – Granular and liquid classified as Level 3. Equity instruments Valuation – Listed equity instruments are – Unlisted equity and are deemed to be impaired. Fair value hierarchy – The majority readily and regularly available, resulting – Equity securities less actively traded Financial assets for unit-linked investment contracts Valuation – The majority of assets are listed on Fair value hierarchy – Most assets are classified as – Instruments for which prices are Securities financing transactions Valuation – These instruments are is based on funding curves that Fair value hierarchy – Collateral are classified as Level 2. – Where the collateral terms positions are classified as Level 3. Brokerage receivables and payables Valuation – Fair value is determined based on Fair value hierarchy – Due to their on-demand nature, Product Valuation and Financial liabilities related to unit- linked investment contracts Valuation – The corresponding assets. Fair value hierarchy – The actively traded and are therefore classified Precious metals and other physical commodities Valuation – Physical assets are valued using the Fair value hierarchy – Generally traded in active markets in classification as Level 1. Debt issued designated at fair value Valuation – The risk management equivalent component are the same a Fair value hierarchy – The observability is closely aligned with Derivative instruments: valuation The curves used for discounting associated with the relevant collateral arrangement for the instrument being valued. These collateral arrangements differ across and interest collateralized derivatives are the cheapest eligible currency for the Uncollateralized and equivalent) partially (DVAs) credit risk, UBS’s own credit risk, and › Refer to Note 10 Derivative product Valuation and Interest rate contracts Valuation – Interest rate swap contracts are valued by estimating future interest cash flows and discounting those cash flows using curves used curve models using interest rates associated interest rate spreads and inflation swap rates. – Interest rate include interest rate yield curves, – When the maturity of an interest rate swap or option contract quotes are observable for a significant input parameter, the contracts are valued by extrapolation last observable point using parameter to represent a Fair value hierarchy – The majority of interest rate swaps are classified as Level 2, inputs for yield curve models are – Options are generally treated as Level 2, to active-market levels. Models calibrated options and more exotic products. – Interest observable quotes. – Exotic options for which appropriate volatility or correlation input levels cannot be implied from observable market data are classified as Level Credit derivative contracts Valuation – Credit spreads, upfront available, it may be derived from – Asset-backed security with an adjustment to reflect Fair value hierarchy – Single-entity recovery rates are determined from actively name(s) are instruments, these contracts are – Asset-backed distributed across Level 2 and Derivative product Valuation and Foreign exchange contracts Valuation – Open spot foreign exchange – Forward FX contracts are standard market-based – Over-the-counter The models those used for longer-dated options because the models additional consideration of – The valuation for multi-dimensional FX options uses a multi-local volatility model, which is observed FX volatilities for all relevant Fair value hierarchy – The therefore such FX contracts are generally – A significant from standard market – OTC FX option contracts option contracts where Equity / index contracts Valuation – Equity models. The key (which are implied from prices of forward contracts observed in the market). Estimated cash discounted using funding rate for that portion of they are related equity. – Equity option contracts are valued using market-standard described between discounted appropriate funding rate for that portion of the portfolio. When volatility, forward or correlation inputs are not volatility data, or the equivalent Fair value hierarchy – As inputs significant proportion of equity forward – Equity option observable markets are also classified as Level 2. correlation inputs are not ob Commodity contracts Valuation – Commodity forward levels on standard – Commodity commodity forward for the volatility of the underlying index or commodity. For commodity options or between different commodities or Fair value hierarchy – Individual market data is available. d) Valuation adjustments and other items The output of As a result, valuations are adjusted in estimating fair value, to reflect close-out costs, credit exposure, benefits, trading restrictions and Deferred day-1 profit or loss reserves For new transactions based on observable market data, the financial instrument is price may differ from the fair initially recognized in the income statement. Deferred day-1 profit or loss is Other net income from financial instruments measured at fair value through profit the transaction is closed out. The table below summarizes the changes Deferred day-1 profit USD m 2022 2021 2020 Reserve balance at the beginning of the 418 269 146 Profit / (loss) deferred on new transactions 299 459 362 (Profit) / loss recognized in the income statement (295) (308) (238) Foreign currency translation 0 (2) 0 Reserve balance at the end of the year 422 418 269 Own credit Own relevant for valuation purposes Changes recognized Other Retained statement statement, as the Group does Own credit is estimated using own credit adjustment (OCA) curves, which incorporate observable market data, including market-observed secondary prices for UBS’s own effect of changes decay and associated cumulative unrealized change › Refer to Note 15 Own credit adjustments on financial Included in Other comprehensive income For the year ended USD m 31.12.22 31.12.21 31.12.20 Recognized during the period: Realized gain / (loss) 1 (14) 2 Unrealized gain / (loss) 866 60 (295) Total gain / (loss), before 867 46 (293) USD m 31.12.22 31.12.21 31.12.20 Recognized on the balance sheet Unrealized life-to-date gain / (loss) 556 (315) (381) of which: debt issued designated at fair value 453 (347) (418) of which: other financial liabilities designated at 103 32 36 Credit valuation adjustments In classified as Financial assets at inherent counterparty credit risk of such that counterparty, applicable collateral or netting arrangements, Funding valuation adjustments FVAs receivables and derivative cash flows from the ARR An FVA is also Debit valuation adjustments A DVA is estimated to incorporate own credit in the valuation of derivatives where an DVA calculation all exposures market movements and UBS’s Other valuation adjustments Instruments that are measured as part to ensure consistent the overall market liquidity. transactions and other relevant sources Uncertainties through the use of model valuations produced and market inputs these estimates, assess these uncertainties. Model reserves are reassessed periodically pricing services and other relevant sources. Balance sheet valuation adjustments As of USD m 31.12.22 31.12.21 Credit valuation adjustments 1 (33) (44) Funding valuation adjustments (50) (49) Debit valuation adjustments 4 2 Other valuation adjustments (839) (913) of which: liquidity (311) (341) of which: model uncertainty (529) (571) 1 Amounts do not include reserves Other items In the first half of 2021, 861 m as a result of closing out a a US-based This loss is presented within Other net income from financial instruments measured . e) The table below fair value, unobservable, and a The range of values represents does not reflect estimates and assumptions, but rather the different underlying characteristics of the the Group. The ranges the instruments held at each balance sheet date. Furthermore, the ranges of unobservable inputs may differ across other financial institutions, reflecting the diversity Valuation techniques Fair value Significant unobservable input(s) 1 Range of inputs Assets Liabilities Valuation technique(s) 31.12.22 31.12.21 USD bn 31.12.22 31.12.21 31.12.22 31.12.21 low high weighted average 2 low high weighted average 2 unit 1 Financial assets and liabilities at fair value Corporate and municipal bonds 0.8 0.9 0.0 0.0 Relative value to market comparable Bond price equivalent 14 112 85 16 143 98 points Discounted expected cash flows Discount margin 412 412 434 434 basis points Traded loans, loans measured at fair value, loan commitments and guarantees 1.7 2.8 0.0 0.0 Relative value to market comparable Loan price equivalent 30 100 97 0 101 99 points Discounted expected cash flows Credit spread 200 200 200 175 800 436 basis points Market comparable and securitization model Credit spread 145 1,350 322 28 1,544 241 basis points Auction rate securities 1.3 1.6 Discounted expected cash flows Credit spread 115 196 144 115 197 153 basis points Investment fund units 3 0.3 0.1 0.0 0.0 Relative value to market comparable Net asset value Equity instruments 3 0.9 0.8 0.1 0.1 Relative value to market comparable Price Debt issued designated at fair value 4 10.5 14.2 Other financial liabilities designated at fair value 0.7 0.8 Discounted expected cash flows Funding spread 23 175 24 175 basis points Derivative financial instruments Interest rate 0.5 0.5 0.1 0.3 Option model Volatility of interest rates 75 143 65 81 basis points Credit 0.3 0.2 0.3 0.3 Discounted expected cash flows Credit spreads 9 565 1 583 basis points Bond price equivalent 3 277 2 136 points Equity / index 0.7 0.4 1.2 1.5 Option model Equity dividend yields 0 20 0 11 % Volatility of equity stocks, equity and other indices 4 120 4 98 % Equity-to-FX correlation (29) 84 (29) 76 % Equity-to-equity correlation (25) 100 (25) 100 % 1 The ranges for most non-derivative liabilities designated investments. linked notes, all of which lines in this table. Significant unobservable inputs in Level This section discusses potential effect that between observable and unobservable Input Description Bond price equivalent – Where similar instruments. of the issuer. yield (either as an outright yield – For corporate fair value. Bonds priced at 0 are distressed to the point that or measurement date. – For credit derivatives, the bond converted to an equivalent Loan price equivalent – Where market for quality, maturity and issuer-specific covenants. of an credit quality recovery is expected, while a Credit spread – Valuation models for many credit of benchmark security or An increase / (decrease) in credit spread will increase / (decrease) the and other of the positions held. Credit spreads the spread is calculated. underlyings, representing greater levels of Discount margin – The discount margin market return required for uncertainty in the estimated cash flows. DM index (e.g., the DM in isolation would result in – The schedule. This indicates that being better-quality instruments. Funding spread – Structured financing transactions are valued using synthetic funding curves that best represent collateral for an funding spreads are expressed in terms of basis points, and if funding spreads widen, this increases the effect of discounting. – A small proportion at fair value had an exposure to Volatility – Volatility measures the variability of future prices for a higher number reflects a more volatile key input instrument. contract is a long and is market option which represents the effect of – Volatilities of low interest rates tend to be much higher than volatilities of high interest rates. In addition, may have significantly different Input Description Correlation – Correlation measures the interrelationship between the movements of two variables. It is expressed as a percentage between –100% associated with a correlated direction). The effect of correlation on the measurement of fair value depends on the specific terms of valued, reflecting the range of – Equity-to-FX correlation is important Equity-to-equity correlation is particularly important for in the projected payoff. Equity dividend yields – The derivation contracts and for measuring fair value using option pricing forward price is based on a combination of expected relevant funding rates applicable to the stock of the yield and equity forward price. f) Level 3 instruments: sensitivity The table below of change fair value significantly, and the estimated effect thereof. The table below does not represent the estimated effect of stress Furthermore, direct the valuation uncertainty. Sensitivity data is estimated market participants, fair value measurement used in valuations are not Sensitivity data Diversification would an believes that the diversification benefit is not Sensitivity of fair value measurements 1 31.12.22 31.12.21 USD m Favorable changes Unfavorable changes Favorable changes Unfavorable changes Traded loans, loans 19 (12) 19 (13) Securities financing transactions 33 (37) 41 (53) Auction rate securities 46 2 (46) 2 66 (66) Asset-backed securities 27 (27) 20 (20) Equity instruments 183 (161) 173 (146) Interest rate derivatives, net 18 2 (12) 2 29 (19) Credit derivatives, net 3 (4) 5 (8) Foreign exchange derivatives, 10 (5) 19 (11) Equity / index derivatives, net 361 (330) 368 (335) Other 39 2 (62) 2 50 (73) Total 738 (696) 790 (744) 1 Sensitivity various parameters. g) Level 3 instruments: movements The table below fair value on a recurring basis, Assets and at the beginning of Movements of Level 3 USD bn Balance at the beginning of the period Net gains / losses included in compre- hensive income 1 of which: related to instruments held at the end of the period Purchases Sales Issuances Settlements Transfers into Level 3 Transfers out of Level 3 Foreign currency translation Balance at the end of the period For the twelve months ended 2 Financial assets at fair value held trading 2.3 (0.3) (0.3) 0.3 (1.8) 0.5 0.0 0.7 (0.3) (0.0) 1.5 of which: Investment fund units 0.0 (0.0) (0.0) 0.0 (0.0) 0.0 0.0 0.1 (0.0) (0.0) 0.1 of which: Corporate and municipal bonds 0.6 (0.0) (0.0) 0.3 (0.6) 0.0 0.0 0.4 (0.0) (0.0) 0.5 of which: Loans 1.4 (0.1) (0.1) 0.0 (1.1) 0.5 0.0 0.0 (0.2) 0.0 0.6 Derivative financial instruments – assets 1.1 0.6 0.3 0.0 0.0 0.4 (0.7) 0.1 (0.0) (0.0) 1.5 of which: Interest rate 0.5 0.3 0.3 0.0 0.0 0.0 (0.2) 0.0 (0.1) (0.0) 0.5 of which: Equity / index 0.4 0.2 0.1 0.0 0.0 0.4 (0.3) 0.1 (0.0) (0.0) 0.7 of which: Credit 0.2 0.1 (0.1) 0.0 0.0 0.0 (0.2) 0.0 0.1 0.0 0.3 Financial assets at fair value not for trading 4.2 0.1 0.1 0.7 (1.2) 0.1 (0.0) 0.2 (0.3) (0.0) 3.7 of which: Loans 0.9 (0.0) (0.0) 0.4 (0.4) 0.1 0.0 0.1 (0.3) (0.0) 0.7 of which: Auction rate securities 1.6 0.1 0.0 0.0 (0.3) 0.0 0.0 0.0 0.0 0.0 1.3 of which: Equity instruments 0.7 0.0 0.0 0.1 (0.1) 0.0 0.0 0.1 0.0 (0.0) 0.8 Derivative financial instruments – liabilities 2.2 (0.8) (0.4) 0.0 0.0 1.1 (0.9) 0.3 (0.2) (0.1) 1.7 of which: Interest rate 0.3 (0.3) (0.0) 0.0 0.0 0.1 (0.0) 0.0 (0.0) (0.0) 0.1 of which: Equity / index 1.5 (0.4) (0.3) 0.0 0.0 0.8 (0.7) 0.1 (0.2) (0.0) 1.2 of which: Credit 0.3 (0.1) (0.0) 0.0 0.0 0.1 (0.1) 0.1 (0.0) (0.0) 0.3 Debt issued designated at fair value 3 14.2 (2.2) (1.8) 0.0 0.0 4.7 (3.1) 0.7 (3.4) (0.3) 10.5 Other financial liabilities designated at fair value 0.8 (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 (0.0) (0.0) 0.7 For the twelve months ended Financial assets at fair value held trading 2.3 (0.0) (0.1) 0.3 (1.6) 1.2 0.0 0.3 (0.3) (0.0) 2.3 of which: Investment fund units 0.0 (0.0) (0.0) 0.0 (0.0) 0.0 0.0 0.0 (0.0) (0.0) 0.0 of which: Corporate and municipal bonds 0.8 0.0 (0.0) 0.2 (0.4) 0.0 0.0 0.0 (0.1) (0.0) 0.6 of which: Loans 1.1 0.0 (0.0) 0.0 (0.8) 1.2 0.0 0.0 (0.2) 0.0 1.4 Derivative financial instruments – assets 1.8 (0.2) (0.1) 0.0 0.0 0.5 (0.7) 0.1 (0.3) (0.0) 1.1 of which: Interest rate 0.5 0.1 0.1 0.0 0.0 0.1 (0.2) 0.0 (0.1) (0.0) 0.5 of which: Equity / index 0.9 (0.1) (0.1) 0.0 0.0 0.3 (0.4) 0.0 (0.2) (0.0) 0.4 of which: Credit 0.3 (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 (0.0) 0.0 0.2 Financial assets at fair value not for trading 3.9 0.1 0.1 1.0 (0.6) 0.0 0.0 0.1 (0.3) (0.0) 4.2 of which: Loans 0.9 (0.0) 0.0 0.6 (0.3) 0.0 0.0 0.0 (0.3) (0.0) 0.9 of which: Auction rate securities 1.5 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.6 of which: Equity instruments 0.5 0.1 0.1 0.1 (0.1) 0.0 0.0 0.0 (0.0) (0.0) 0.7 Derivative financial instruments – liabilities 3.5 0.2 (0.0) 0.0 0.0 0.9 (1.8) 0.0 (0.5) (0.0) 2.2 of which: Interest rate 0.5 (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 (0.0) (0.0) 0.3 of which: Equity / index 2.3 0.3 0.1 0.0 0.0 0.8 (1.5) 0.0 (0.4) (0.0) 1.5 of which: Credit 0.5 (0.1) (0.1) 0.0 0.0 0.0 (0.0) 0.0 (0.1) (0.0) 0.3 Debt issued designated at fair value 11.0 0.7 0.6 0.0 0.0 8.0 (4.2) 0.2 (1.2) (0.2) 14.2 Other financial liabilities designated at fair value 0.7 0.0 0.0 0.0 0.0 0.4 (0.2) 0.0 (0.0) (0.0) 0.8 1 Net gains / losses included in comprehensive also in 6.8 bn (31 December 2021: 7.6 bn). Total Level 13.0 bn (31 December 17.4 bn). 2.2 bn in net gains income, USD 1.7 bn is recognized 0.5 bn is recognized before tax. h) Maximum exposure to credit risk The tables and instruments. The maximum exposure sheet subject to credit risk collateral is presented at fair enhancements, capped section of this respects from the requirements of IFRS. Maximum exposure to credit 31.12.22 Maximum exposure to credit risk Collateral Credit enhancements Exposure to credit risk after collateral and credit enhancements USD bn Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral Netting Credit derivative contracts Guarantees Financial assets measured at fair value on the balance 1 Financial assets at fair value held for trading – debt instruments 2,3 16.5 16.5 Derivative financial instruments 4 150.1 5.9 133.5 10.7 Brokerage receivables 17.6 17.3 0.3 Financial assets at fair value not held for trading – debt instruments 5 44.8 11.4 33.4 Total financial assets 229.0 0.0 34.6 0.0 0.0 133.5 0.0 0.0 61.0 Guarantees 6 0.2 0.2 0.0 31.12.21 Maximum exposure to credit risk Collateral Credit enhancements Exposure to credit risk after collateral and credit enhancements USD bn Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral Netting Credit derivative contracts Guarantees Financial assets measured at fair value on the balance 1 Financial assets at fair value held for trading – debt instruments 2,3 22.4 22.4 Derivative financial instruments 4 118.1 4.2 103.2 10.7 Brokerage receivables 21.8 21.6 0.2 Financial assets at fair value not held for trading – debt instruments 5 37.0 11.2 25.7 Total financial assets 199.4 0.0 37.1 0.0 0.0 103.2 0.0 0.0 59.1 Guarantees 6 0.2 0.2 0.0 1 The maximum exposure the purpose of this not recognized on the balance securities borrowing agreements. i) Financial instruments not measured The table below provides Financial instruments not measured 31.12.22 31.12.21 Carrying amount Fair value Carrying amount Fair value USD bn Total Carrying amount approximates fair value 1 Level Level 2 Level 3 Total Total Carrying amount approximates fair value 1 Level 1 Level 2 Level 3 Total Assets Cash and balances at central banks 169.4 169.4 0.1 0.0 0.0 169.4 192.8 192.7 0.1 0.0 0.0 192.8 Loans and advances to banks 14.8 14.0 0.0 0.7 0.0 14.8 15.5 14.8 0.0 0.7 0.0 15.5 Receivables from securities financing transactions measured at amortized cost 67.8 64.3 0.0 1.8 1.7 67.8 75.0 71.6 0.0 1.3 2.1 75.0 Cash collateral receivables on derivative instruments 35.0 35.0 0.0 0.0 0.0 35.0 30.5 30.5 0.0 0.0 0.0 30.5 Loans and advances to customers 387.2 134.3 0.0 45.9 194.7 374.9 397.8 163.1 0.0 43.8 190.1 396.9 Other financial assets measured at amortized cost 2 53.3 12.9 10.3 25.1 2.5 50.8 26.2 4.1 9.3 10.7 2.4 26.5 Liabilities Amounts due to banks 11.6 8.9 0.0 2.7 0.0 11.6 13.1 9.1 0.0 4.0 0.0 13.1 Payables from securities financing transactions measured at amortized cost 4.2 3.5 0.0 0.7 0.0 4.2 5.5 4.1 0.0 1.5 0.0 5.5 Cash collateral payables on derivative instruments 36.4 36.4 0.0 0.0 0.0 36.4 31.8 31.8 0.0 0.0 0.0 31.8 Customer deposits 525.1 491.3 0.0 33.6 0.0 524.8 542.0 535.4 0.0 6.6 0.0 542.0 Debt issued measured at amortized cost 114.6 15.4 0.0 98.1 0.0 113.5 139.2 15.8 0.0 125.3 0.0 141.1 Other financial liabilities measured at amortized cost 3 6.2 6.2 0.0 0.0 0.0 6.2 5.4 5.4 0.0 0.0 0.0 5.4 1 Includes certain financial instruments with a remaining maturity (excluding the effects comprehensive income was The fair values and assumptions described Other institutions value disclosures cannot necessarily be compared from one financial institution to another. applied when determining – For financial quoted market prices, if available. – Where quoted market prices were not using These estimates generally include adjustments – For short-term financial instruments net of credit loss allowances, is generally |
UBS AG | |
Entity [Table] | |
Disclosure Of Fair Value Measurement Explanatory | Note 20 a) Valuation principles All financial and fair value hierarchy is based cases, purposes, input that is significant to the position’s – Level 1 – quoted prices (unadjusted) – Level 2 – valuation techniques for which – Level 3 – valuation techniques for which Fair values are determined the valuation including model, liquidity, credit which would particular valuation fair value hierarchy. Generally, the unit of account for a financial instrument is the individual instrument, and valuation conditions similar and offsetting risk exposures › Refer to Note 20d b) Valuation governance UBS’s safeguards New products control functions. Responsibility with the business divisions. Fair divisions. Independent price verification is performed estimates controls are valuation models are used Risk Control evaluate UBS’s models on As a of fair value to align with independent › Refer to Note 20d c) Fair value hierarchy The table at product types their classification within the fair During 2022, assets and liabilities that were transferred from Level 2 to Level 1, or from Level 1 to Level 2, and were held for the entire reporting period were Determination of fair values 1 31.12.22 31.12.21 USD m Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial assets measured at Financial assets at fair value held for trading 96,263 10,284 1,488 108,034 113,722 15,012 2,299 131,033 of which: Equity instruments 83,095 789 126 84,010 97,983 1,090 149 99,222 of which: Government bills / bonds 5,496 950 18 6,464 7,135 1,351 10 8,496 of which: Investment fund units 6,673 596 61 7,330 7,843 1,364 21 9,229 of which: Corporate and municipal bonds 976 6,509 541 8,026 708 7,791 556 9,055 of which: Loans 0 1,179 628 1,807 0 3,099 1,443 4,542 of which: Asset-backed securities 22 261 114 397 53 317 120 489 Derivative financial instruments 769 147,876 1,464 150,109 522 116,482 1,140 118,145 of which: Foreign exchange 575 84,882 2 85,459 255 53,046 7 53,307 of which: Interest rate 0 39,345 460 39,805 0 32,747 494 33,241 of which: Equity / index 1 21,542 653 22,195 0 27,861 384 28,245 of which: Credit 0 719 318 1,038 0 1,179 236 1,414 of which: Commodities 0 1,334 30 1,365 0 1,590 16 1,606 Brokerage receivables 0 17,576 0 17,576 0 21,839 0 21,839 Financial assets at fair value not held for trading 26,572 29,110 3,725 59,408 27,278 28,185 4,180 59,642 of which: Financial assets for unit-linked investment 13,071 1 0 13,072 21,110 187 6 21,303 of which: Corporate and municipal bonds 35 14,101 230 14,366 123 13,937 306 14,366 of which: Government bills / bonds 13,103 3,638 0 16,741 5,624 3,236 0 8,860 of which: Loans 0 3,602 736 4,337 0 4,982 892 5,874 of which: Securities financing transactions 0 7,590 114 7,704 0 5,704 100 5,804 of which: Auction rate securities 0 0 1,326 1,326 0 0 1,585 1,585 of which: Investment fund units 307 178 190 675 338 137 117 591 of which: Equity instruments 57 0 792 849 83 2 681 765 Financial assets measured at Financial assets measured at fair value through 57 2,182 0 2,239 2,704 6,140 0 8,844 of which: Asset-backed securities 2 0 0 0 0 0 4,849 0 4,849 of which: Government bills / bonds 2 0 26 0 26 2,658 27 0 2,686 of which: Corporate and municipal bonds 57 2,156 0 2,213 45 1,265 0 1,310 Non-financial assets measured at Precious metals and other physical commodities 4,471 0 0 4,471 5,258 0 0 5,258 Non-financial assets measured at Other non-financial assets 3 0 0 21 21 0 0 26 26 Total assets measured 128,132 207,028 6,698 341,858 149,484 187,658 7,645 344,787 Determination of fair values 1 31.12.22 31.12.21 USD m Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial liabilities measured at fair value Financial liabilities at fair value held for trading 23,578 5,823 114 29,515 25,413 6,170 105 31,688 of which: Equity instruments 16,521 352 78 16,951 18,328 513 83 18,924 of which: Corporate and municipal bonds 36 4,643 27 4,707 30 4,219 17 4,266 of which: Government bills / bonds 5,880 706 1 6,587 5,883 826 0 6,709 of which: Investment fund units 1,141 84 3 1,229 1,172 555 6 1,733 Derivative financial instruments 640 152,582 1,684 154,906 509 118,558 2,242 121,309 of which: Foreign exchange 587 87,897 24 88,508 258 53,800 21 54,078 of which: Interest rate 0 37,429 116 37,545 0 28,398 278 28,675 of which: Equity / index 0 24,963 1,184 26,148 0 33,438 1,511 34,949 of which: Credit 0 920 279 1,199 0 1,412 341 1,753 of which: Commodities 0 1,309 52 1,361 0 1,503 63 1,566 Financial liabilities designated at Brokerage payables designated at 0 45,085 0 45,085 0 44,045 0 44,045 Debt issued designated at fair value 0 62,603 9,240 71,842 0 59,606 11,854 71,460 Other financial liabilities designated at fair value 0 30,055 1,978 32,033 0 29,258 3,156 32,414 of which: Financial liabilities related to unit-linked 0 13,221 0 13,221 0 21,466 0 21,466 of which: Securities financing transactions 0 15,333 0 15,333 0 6,375 2 6,377 of which: Over-the-counter 0 993 691 1,684 0 1,417 814 2,231 Total liabilities measured 24,219 296,148 13,015 333,382 25,922 257,637 17,357 300,916 1 Bifurcated embedded derivatives are presented 2 Effective 1 April 2022, a portfolio of Refer to Note 1 for more information. less costs to sell. Valuation techniques UBS uses widely recognized valuation techniques for determining that are expected cash flows, relative value Discounted future cash that profiles to using an models. techniques and models. Relative value adjustments for differences Option referenced probability-weighted expected curve modeling formula or other mathematical techniques Where available, valuation techniques use market-observable assumptions and inputs. If such may be derived other observable market data. In such or analogous instruments, of current market conditions and For consensus pricing services and relevant and the uses internally developed models, which are typically within the and rates, levels UBS incorporate the funding Financial instruments Product Valuation and Government bills and bonds Valuation – Generally valued using prices – Instruments not techniques that incorporate market Fair value hierarchy – Generally traded in in classification as Level 1, Corporate and municipal bonds Valuation – Generally adjusted for seniority, maturity – When incorporating the credit spread of – For bond model. Fair value hierarchy – Generally classified as Level 1 – Level 3 instruments have no suitable Traded loans measured at fair value Valuation – Valued directly using market prices – Where derived from debt instruments in a credit and approach based on rating agency guidelines. Fair value hierarchy – Instruments with suitably deep – Positions requiring the use of valuation techniques, or for which the price sources have insufficient trading depth, are classified as Level 3. Investment fund units Valuation – Predominantly exchange – Where market prices are not available, Fair value hierarchy – Listed classification, while other positions are – Positions for which NAVs are not available Asset-backed securities (ABS) Valuation – For liquid securities, the valuation process will use trade and price data, updated for movements in market levels between the discounted expected cash flows incorporating Fair value hierarchy – Residential - backed , c ommercial - backed and generally classified as Level 2. However, if significant inputs are unobservable, or if market or fundamental data is not available, they are Auction rate securities (ARS) Valuation – ARS emanating from the liquidity risk as a function of perpetual instruments that require Fair value hierarchy – Granular and liquid classified as Level 3. Equity instruments Valuation – Listed equity instruments are – Unlisted equity and are deemed to be impaired. Fair value hierarchy – The majority readily and regularly available, resulting – Equity securities less actively traded Financial assets for unit-linked investment contracts Valuation – The majority of assets are listed on Fair value hierarchy – Most assets are classified as – Instruments for which prices are Securities financing transactions Valuation – These instruments are is based on funding curves that Fair value hierarchy – Collateral are classified as Level 2. – Where the collateral terms positions are classified as Level 3. Brokerage receivables and payables Valuation – Fair value is determined based on Fair value hierarchy – Due to their on-demand nature, Product Valuation and Financial liabilities related to unit- linked investment contracts Valuation – The corresponding assets. Fair value hierarchy – The actively traded and are therefore classified Precious metals and other physical commodities Valuation – Physical assets are valued using the Fair value hierarchy – Generally traded in active markets in classification as Level 1. Debt issued designated at fair value Valuation – The risk management equivalent component are the same a Fair value hierarchy – The observability is closely aligned with Derivative instruments: valuation The curves used for discounting associated with the relevant collateral arrangement for the instrument being valued. These collateral arrangements differ across and interest collateralized derivatives are the cheapest eligible currency for the Uncollateralized and equivalent) partially (DVAs) credit risk, UBS’s own credit risk, and › Refer to Note 10 Derivative product Valuation and Interest rate contracts Valuation – Interest rate swap contracts are valued by estimating future interest cash flows and discounting those cash flows using curves used curve models using interest rates associated interest rate spreads and inflation swap rates. – Interest rate include interest rate yield curves, – When the maturity of an interest rate swap or option contract quotes are observable for a significant input parameter, the contracts are valued by extrapolation last observable point using parameter to represent a Fair value hierarchy – The majority of interest rate swaps are classified as Level 2, inputs for yield curve models are – Options are generally treated as Level 2, to active-market levels. Models calibrated options and more exotic products. – Interest observable quotes. – Exotic options for which appropriate volatility or correlation input levels cannot be implied from observable market data are classified as Level Credit derivative contracts Valuation – Credit spreads, upfront available, it may be derived from – Asset-backed security with an adjustment to reflect Fair value hierarchy – Single-entity recovery rates are determined from actively name(s) are instruments, these contracts are classified – Asset-backed distributed across Level 2 and Derivative product Valuation and Foreign exchange contracts Valuation – Open spot foreign exchange – Forward FX contracts are standard market-based – Over-the-counter The models those used for longer-dated options because the models additional consideration of – The valuation for multi-dimensional FX options uses a multi-local volatility model, which is observed FX volatilities for all relevant Fair value hierarchy – The therefore such FX contracts are generally – A significant from standard market – OTC FX option contracts option contracts where Equity / index contracts Valuation – Equity models. The key (which are implied from prices of forward contracts observed in the market). Estimated cash discounted using funding rate for that portion of they are related equity. – Equity option contracts are valued using market-standard described between discounted appropriate funding rate for that portion of the portfolio. When volatility, forward or correlation inputs are not volatility data, or the equivalent Fair value hierarchy – As inputs significant proportion of equity forward – Equity option observable markets are also classified as Level 2. correlation inputs are not ob Commodity contracts Valuation – Commodity forward levels on standard – Commodity commodity forward for the volatility of the underlying index or commodity. For commodity options or between different commodities or Fair value hierarchy – Individual market data is available. d) Valuation adjustments and other items The output of As a result, valuations are adjusted in estimating fair value, to reflect close-out costs, credit exposure, benefits, trading restrictions and Deferred day-1 profit or loss reserves For new transactions based on observable market data, the financial instrument is price may differ from the fair initially recognized in the income statement. Deferred day-1 profit or loss is Other net income from financial instruments measured at fair value through profit the transaction is closed out. The table below summarizes the changes Deferred day-1 profit USD m 2022 2021 2020 Reserve balance at the beginning of the 418 269 146 Profit / (loss) deferred on new transactions 299 459 362 (Profit) / loss recognized in the income statement (295) (308) (238) Foreign currency translation 0 (2) 0 Reserve balance at the end of the year 422 418 269 Own credit Own relevant for valuation purposes Changes recognized Other Retained statement statement, as UBS does Own credit is estimated using own credit adjustment (OCA) curves, which incorporate observable market data, including market-observed secondary prices for UBS’s own effect of changes decay and associated cumulative unrealized change › Refer to Note 15 Own credit adjustments on financial Included in Other comprehensive income For the year ended USD m 31.12.22 31.12.21 31.12.20 Recognized during the period: Realized gain / (loss) 1 (14) 2 Unrealized gain / (loss) 866 60 (295) Total gain / (loss), before 867 46 (293) USD m 31.12.22 31.12.21 31.12.20 Recognized on the balance sheet Unrealized life-to-date gain / (loss) 556 (315) (381) of which: debt issued designated at fair value 289 (144) (233) of which: other financial liabilities designated at fair value 266 (172) (148) Credit valuation adjustments In classified as Financial assets at inherent counterparty credit risk of such that counterparty, applicable collateral or netting arrangements, Funding valuation adjustments FVAs receivables and derivative cash flows from the ARR An FVA is also Debit valuation adjustments A DVA is estimated to incorporate own credit in the valuation of derivatives where an DVA calculation all exposures market movements and UBS’s Other valuation adjustments Instruments that are measured as part to ensure consistent the overall market liquidity. transactions and other relevant sou Uncertainties through valuations produced and market inputs these estimates, these uncertainties. Model services and other relevant sources. Balance sheet valuation adjustments As of USD m 31.12.22 31.12.21 Credit valuation adjustments 1 (33) (44) Funding valuation adjustments (50) (49) Debit valuation adjustments 4 2 Other valuation adjustments (839) (913) of which: liquidity (311) (341) of which: model uncertainty (529) (571) 1 Amounts do not include reserves Other items In the first 861 m as a result with a This loss is presented within Other net income from financial instruments . e) The table below fair value, unobservable, and a The does estimates and assumptions, but rather the different underlying characteristics of the UBS. instruments held financial institutions, reflecting the diversity Valuation techniques Fair value Significant unobservable input(s) 1 Range of inputs Assets Liabilities Valuation technique(s) 31.12.22 31.12.21 USD bn 31.12.22 31.12.21 31.12.22 31.12.21 low high weighted average 2 low high weighted average 2 unit 1 Financial assets and liabilities at fair value Corporate and municipal bonds 0.8 0.9 0.0 0.0 Relative value to market comparable Bond price equivalent 14 112 85 16 143 98 points Discounted expected cash flows Discount margin 412 412 434 434 basis points Traded loans, loans measured at fair value, loan commitments and guarantees 1.7 2.8 0.0 0.0 Relative value to market comparable Loan price equivalent 30 100 97 0 101 99 points Discounted expected cash flows Credit spread 200 200 200 175 800 436 basis points Market comparable and securitization model Credit spread 145 1,350 322 28 1,544 241 basis points Auction rate securities 1.3 1.6 Discounted expected cash flows Credit spread 115 196 144 115 197 153 basis points Investment fund units 3 0.3 0.1 0.0 0.0 Relative value to market comparable Net asset value Equity instruments 3 0.9 0.8 0.1 0.1 Relative value to market comparable Price Debt issued designated at fair value 4 9.2 11.9 Other financial liabilities designated at fair value 2.0 3.2 Discounted expected cash flows Funding spread 23 175 24 175 basis points Derivative financial instruments Interest rate 0.5 0.5 0.1 0.3 Option model Volatility of interest rates 75 143 65 81 basis points Credit 0.3 0.2 0.3 0.3 Discounted expected cash flows Credit spreads 9 565 1 583 basis points Bond price equivalent 3 277 2 136 points Equity / index 0.7 0.4 1.2 1.5 Option model Equity dividend yields 0 20 0 11 % Volatility of equity stocks, equity and other indices 4 120 4 98 % Equity-to-FX correlation (29) 84 (29) 76 % Equity-to-equity correlation (25) 100 (25) 100 % 1 The ranges for most non-derivative liabilities designated investments. linked notes, all of which lines in this table. Significant unobservable inputs in Level This section discusses potential effect that between observable and Input Description Bond price equivalent – Where similar instruments. of the issuer. yield (either as – For corporate fair value. Bonds priced at 0 are distressed to the point that or measurement date. – For credit derivatives, the bond converted to an equivalent Loan price equivalent – Where market for quality, maturity and issuer-specific covenants. of an credit quality recovery is expected, while a Credit spread – Valuation models for many credit of benchmark security or An increase / (decrease) in credit spread will increase / (decrease) the and other of the positions held. Credit spreads the spread is calculated. underlyings, representing greater levels of Discount margin – The discount margin market return required for uncertainty in the estimated cash flows. DM index (e.g., the DM in isolation would result in – The schedule. This indicates that being better-quality instruments. Funding spread – Structured financing transactions are valued using synthetic funding curves that best represent collateral for an funding spreads are expressed in terms of basis points, and if funding spreads widen, this increases the effect of discounting. – A small proportion at fair value had an exposure to Volatility – Volatility measures the variability of future prices for a higher number reflects a more volatile key input instrument. contract is a long and is market option which represents the effect of – Volatilities of low interest rates tend to be much higher than volatilities of high interest rates. In addition, may have significantly different Input Description Correlation – Correlation measures the interrelationship between the movements of two variables. It is expressed as a percentage between –100% associated with a correlated direction). The effect of correlation on the measurement of fair value depends on valued, reflecting the range of – Equity-to-FX correlation is important Equity-to-equity correlation is particularly important for in the projected payoff. Equity dividend yields – The derivation contracts and for measuring fair value using option pricing forward price is based on a combination of expected relevant funding rates applicable to the stock of the yield and equity forward price. f) Level 3 instruments: sensitivity The table below of change fair value significantly, and the estimated effect thereof. The table below does not represent the estimated effect of stress Furthermore, direct the valuation uncertainty. Sensitivity data is estimated market participants, fair value measurement used in valuations are not Sensitivity data Diversification would an overall that the diversification benefit is not Sensitivity of fair value measurements 1 31.12.22 31.12.21 USD m Favorable changes Unfavorable changes Favorable changes Unfavorable changes Traded loans, loans 19 (12) 19 (13) Securities financing transactions 33 (37) 41 (53) Auction rate securities 46 2 (46) 2 66 (66) Asset-backed securities 27 (27) 20 (20) Equity instruments 183 (161) 173 (146) Interest rate derivatives, net 18 2 (12) 2 29 (19) Credit derivatives, net 3 (4) 5 (8) Foreign exchange derivatives, 10 (5) 19 (11) Equity / index derivatives, net 361 (330) 368 (335) Other 39 2 (62) 2 50 (73) Total 738 (696) 790 (744) 1 Sensitivity various parameters. g) Level 3 instruments: movements The table below fair value on a recurring basis, Assets and at the beginning of Movements of Level 3 USD bn Balance at the beginning of the period Net gains / losses included in compre- hensive income 1 of which: related to instruments held at the end of the period Purchases Sales Issuances Settlements Transfers into Level 3 Transfers out of Level 3 Foreign currency translation Balance at the end of the period For the twelve months ended 2 Financial assets at fair value held trading 2.3 (0.3) (0.3) 0.3 (1.8) 0.5 0.0 0.7 (0.3) (0.0) 1.5 of which: Investment fund units 0.0 (0.0) (0.0) 0.0 (0.0) 0.0 0.0 0.1 (0.0) (0.0) 0.1 of which: Corporate and municipal bonds 0.6 (0.0) (0.0) 0.3 (0.6) 0.0 0.0 0.4 (0.0) (0.0) 0.5 of which: Loans 1.4 (0.1) (0.1) 0.0 (1.1) 0.5 0.0 0.0 (0.2) 0.0 0.6 Derivative financial instruments – assets 1.1 0.6 0.3 0.0 0.0 0.4 (0.7) 0.1 (0.0) (0.0) 1.5 of which: Interest rate 0.5 0.3 0.3 0.0 0.0 0.0 (0.2) 0.0 (0.1) (0.0) 0.5 of which: Equity / index 0.4 0.2 0.1 0.0 0.0 0.4 (0.3) 0.1 (0.0) (0.0) 0.7 of which: Credit 0.2 0.1 (0.1) 0.0 0.0 0.0 (0.2) 0.0 0.1 0.0 0.3 Financial assets at fair value not for trading 4.2 0.1 0.1 0.7 (1.2) 0.1 (0.0) 0.2 (0.3) (0.0) 3.7 of which: Loans 0.9 (0.0) (0.0) 0.4 (0.4) 0.1 0.0 0.1 (0.3) (0.0) 0.7 of which: Auction rate securities 1.6 0.1 0.0 0.0 (0.3) 0.0 0.0 0.0 0.0 0.0 1.3 of which: Equity instruments 0.7 0.0 0.0 0.1 (0.1) 0.0 0.0 0.1 0.0 (0.0) 0.8 Derivative financial instruments – liabilities 2.2 (0.8) (0.4) 0.0 0.0 1.1 (0.9) 0.3 (0.2) (0.1) 1.7 of which: Interest rate 0.3 (0.3) (0.0) 0.0 0.0 0.1 (0.0) 0.0 (0.0) (0.0) 0.1 of which: Equity / index 1.5 (0.4) (0.3) 0.0 0.0 0.8 (0.7) 0.1 (0.2) (0.0) 1.2 of which: Credit 0.3 (0.1) (0.0) 0.0 0.0 0.1 (0.1) 0.1 (0.0) (0.0) 0.3 Debt issued designated at fair value 11.9 (1.3) (0.9) 0.0 0.0 4.7 (3.1) 0.7 (3.3) (0.3) 9.2 Other financial liabilities designated at fair value 3 3.2 (1.0) (1.0) 0.0 0.0 0.0 (0.1) 0.1 (0.2) (0.0) 2.0 For the twelve months ended Financial assets at fair value held trading 2.3 (0.0) (0.1) 0.3 (1.6) 1.2 0.0 0.3 (0.3) (0.0) 2.3 of which: Investment fund units 0.0 (0.0) (0.0) 0.0 (0.0) 0.0 0.0 0.0 (0.0) (0.0) 0.0 of which: Corporate and municipal bonds 0.8 0.0 (0.0) 0.2 (0.4) 0.0 0.0 0.0 (0.1) (0.0) 0.6 of which: Loans 1.1 0.0 (0.0) 0.0 (0.8) 1.2 0.0 0.0 (0.2) 0.0 1.4 Derivative financial instruments – assets 1.8 (0.2) (0.1) 0.0 0.0 0.5 (0.7) 0.1 (0.3) (0.0) 1.1 of which: Interest rate 0.5 0.1 0.1 0.0 0.0 0.1 (0.2) 0.0 (0.1) (0.0) 0.5 of which: Equity / index 0.9 (0.1) (0.1) 0.0 0.0 0.3 (0.4) 0.0 (0.2) (0.0) 0.4 of which: Credit 0.3 (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 (0.0) 0.0 0.2 Financial assets at fair value not for trading 3.9 0.1 0.1 1.0 (0.6) 0.0 0.0 0.1 (0.3) (0.0) 4.2 of which: Loans 0.9 (0.0) 0.0 0.6 (0.3) 0.0 0.0 0.0 (0.3) (0.0) 0.9 of which: Auction rate securities 1.5 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.6 of which: Equity instruments 0.5 0.1 0.1 0.1 (0.1) 0.0 0.0 0.0 (0.0) (0.0) 0.7 Derivative financial instruments – liabilities 3.5 0.2 (0.0) 0.0 0.0 0.9 (1.8) 0.0 (0.5) (0.0) 2.2 of which: Interest rate 0.5 (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 (0.0) (0.0) 0.3 of which: Equity / index 2.3 0.3 0.1 0.0 0.0 0.8 (1.5) 0.0 (0.4) (0.0) 1.5 of which: Credit 0.5 (0.1) (0.1) 0.0 0.0 0.0 (0.0) 0.0 (0.1) (0.0) 0.3 Debt issued designated at fair value 9.6 0.7 0.6 0.0 0.0 7.1 (4.2) 0.1 (1.2) (0.2) 11.9 Other financial liabilities designated at fair value 2.1 0.0 0.0 0.0 0.0 1.3 (0.2) 0.0 (0.0) (0.0) 3.2 1 Net gains / losses included in comprehensive also in 6.7 bn (31 December 2021: 7.6 bn). Total Level 13.0 bn (31 December 2021: 17.4 bn). 1.0 bn in net gains income, USD 0.6 bn is recognized 0.4 bn is recognized before tax. h) Maximum exposure to credit risk The tables below provide UBS AG’s maximum exposure to credit risk for financial instruments measured at fair value and the respective collateral and The maximum exposure sheet subject to credit risk collateral is presented at fair enhancements, capped section of this respects from the requirements of IFRS. Maximum exposure to credit 31.12.22 Maximum exposure to credit risk Collateral Credit enhancements Exposure to credit risk after collateral and credit enhancements USD bn Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral Netting Credit derivative contracts Guarantees Financial assets measured at fair value on the balance 1 Financial assets at fair value held for trading – debt instruments 2,3 16.7 16.7 Derivative financial instruments 4 150.1 5.9 133.5 10.7 Brokerage receivables 17.6 17.3 0.3 Financial assets at fair value not held for trading – debt instruments 5 44.8 11.4 33.4 Total financial assets 229.2 0.0 34.6 0.0 0.0 133.5 0.0 0.0 61.2 Guarantees 6 0.2 0.2 0.0 31.12.21 Maximum exposure to credit risk Collateral Credit enhancements Exposure to credit risk after collateral and credit enhancements USD bn Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral Netting Credit derivative contracts Guarantees Financial assets measured at fair value on the balance 1 Financial assets at fair value held for trading – debt instruments 2,3 22.6 22.6 Derivative financial instruments 4 118.1 4.2 103.2 10.7 Brokerage receivables 21.8 0.0 21.6 0.2 Financial assets at fair value not held for trading – debt instruments 5 37.0 0.0 11.2 25.7 Total financial assets 199.5 0.0 37.1 0.0 0.0 103.2 0.0 0.0 59.2 Guarantees 6 0.2 0.0 0.2 0.0 1 The maximum exposure the purpose of this not recognized on the balance securities borrowing agreements. i) Financial instruments not measured The table below provides Financial instruments not measured 31.12.22 31.12.21 Carrying amount Fair value Carrying amount Fair value USD bn Total Carrying amount approximates fair value 1 Level 1 Level 2 Level 3 Total Total Carrying amount approximates fair value 1 Level 1 Level 2 Level 3 Total Assets Cash and balances at central banks 169.4 169.4 0.1 0.0 0.0 169.4 192.8 192.7 0.1 0.0 0.0 192.8 Loans and advances to banks 14.7 13.9 0.0 0.7 0.0 14.6 15.4 14.6 0.0 0.7 0.0 15.3 Receivables from securities financing transactions measured at amortized cost 67.8 64.3 0.0 1.8 1.7 67.8 75.0 71.6 0.0 1.3 2.1 75.0 Cash collateral receivables on derivative instruments 35.0 35.0 0.0 0.0 0.0 35.0 30.5 30.5 0.0 0.0 0.0 30.5 Loans and advances to customers 390.0 136.9 0.0 45.9 195.0 377.7 398.7 163.7 0.0 43.8 190.4 397.9 Other financial assets measured at amortized cost 2 53.4 13.0 10.3 25.1 2.5 51.0 26.2 4.1 9.3 10.7 2.4 26.5 Liabilities Amounts due to banks 11.6 8.9 0.0 2.7 0.0 11.6 13.1 9.1 0.0 4.0 0.0 13.1 Payables from securities financing transactions measured at amortized cost 4.2 3.5 0.0 0.7 0.0 4.2 5.5 4.1 0.0 1.5 0.0 5.5 Cash collateral payables on derivative instruments 36.4 36.4 0.0 0.0 0.0 36.4 31.8 31.8 0.0 0.0 0.0 31.8 Customer deposits 527.2 493.0 0.0 33.9 0.0 526.9 544.8 537.6 0.0 7.3 0.0 544.8 Funding from UBS Group AG measured at amortized cost 56.1 2.0 0.0 53.7 0.0 55.7 57.3 2.8 0.0 56.0 0.0 58.8 Debt issued measured at amortized cost 59.5 13.4 0.0 45.5 0.0 58.9 82.4 13.0 0.0 69.8 0.0 82.8 Other financial liabilities measured at amortized cost 3 7.2 7.2 0.0 0.0 0.0 7.2 6.3 6.3 0.0 0.0 0.0 6.3 1 Includes certain financial instruments with a remaining maturity (excluding the effects comprehensive income was The fair values and assumptions described Other institutions value disclosures cannot necessarily be compared from one financial institution to another. applied when determining – For financial quoted market prices, if available. – Where quoted market prices were not using These estimates generally include adjustments – For short-term financial instruments net of credit loss allowances, is generally |
Offsetting financial assets and
Offsetting financial assets and financial liabilities | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Offsetting Of Financial Assets And Financial Liabilities Explanatory | Note 21 UBS enters into netting and traded liabilities against available assets received to the transaction are unable The tables netting exposures for these financial instruments The arrangements. Therefore, risk exposure. Financial assets subject to offsetting, enforceable Assets subject to netting Netting recognized on the balance sheet Netting potential not recognized on the balance sheet 3 Assets not subject to netting arrangements 4 Total assets As of 31.12.22, USD bn Gross assets before netting Netting with gross liabilities 2 Net assets recognized on the balance sheet Financial liabilities Collateral received Assets after consideration of netting potential Assets recognized on the balance sheet Total assets after consideration of netting potential Total assets recognized on the balance sheet Receivables from securities financing transactions measured at amortized cost 60.8 (11.1) 49.6 (3.0) (46.4) 0.3 18.2 18.5 67.8 Derivative financial instruments 147.4 (2.5) 144.9 (110.9) (28.5) 5.5 5.2 10.7 150.1 Cash collateral receivables on derivative instruments 1 33.5 0.0 33.5 (20.9) (1.9) 10.6 1.5 12.1 35.0 Financial assets at fair value not held for trading 85.6 (76.8) 8.7 (1.5) (7.3) 0.0 51.0 51.0 59.8 of which: reverse repurchase agreements 84.4 (76.8) 7.6 (1.5) (6.1) 0.0 0.1 0.1 7.7 Total assets 327.2 (90.4) 236.8 (136.3) (84.1) 16.4 76.0 92.3 312.8 As of 31.12.21, USD bn Receivables from securities financing transactions measured at amortized cost 67.7 (13.8) 53.9 (2.9) (51.0) 0.0 21.1 21.1 75.0 Derivative financial instruments 116.0 (3.6) 112.4 (88.9) (18.5) 5.0 5.7 10.7 118.1 Cash collateral receivables on derivative instruments 1 29.4 0.0 29.4 (15.2) (3.3) 11.0 1.1 12.1 30.5 Financial assets at fair value not held for trading 93.1 (87.6) 5.5 (1.1) (4.4) 0.0 54.6 54.6 60.1 of which: reverse repurchase agreements 93.1 (87.6) 5.5 (1.1) (4.4) 0.0 0.3 0.3 5.8 Total assets 306.2 (105.0) 201.2 (108.1) (77.2) 15.9 82.6 98.5 283.7 1 The net IAS 32 principles and directly to the amounts from securities financing “Payables from securities financing transactions the amounts of financial instruments is not reflected in the table. Financial liabilities subject to offsetting, Liabilities subject to netting Netting recognized on the balance sheet Netting potential not recognized on the balance sheet 3 Liabilities not subject to netting arrangements 4 Total liabilities As of 31.12.22, USD bn Gross liabilities before netting Netting with gross assets 2 Net liabilities recognized on the balance sheet Financial assets Collateral pledged Liabilities after consideration of netting potential Liabilities recognized on the balance sheet Total liabilities after consideration of netting potential Total liabilities recognized on the balance sheet Payables from securities financing transactions measured at amortized cost 14.1 (11.1) 3.0 (1.3) (1.8) 0.0 1.2 1.2 4.2 Derivative financial instruments 150.3 (2.5) 147.8 (110.9) (26.2) 10.7 7.1 17.8 154.9 Cash collateral payables on derivative instruments 1 34.9 0.0 34.9 (20.0) (1.9) 13.0 1.6 14.5 36.4 Other financial liabilities designated at fair value 92.5 (76.9) 15.6 (3.2) (12.4) 0.0 14.6 14.6 30.2 of which: repurchase agreements 92.1 (76.9) 15.3 (3.2) (12.1) 0.0 0.1 0.1 15.3 Total liabilities 291.7 (90.4) 201.3 (135.3) (42.3) 23.7 24.5 48.1 225.8 As of 31.12.21, USD bn Payables from securities financing transactions measured at amortized cost 16.9 (12.8) 4.1 (1.8) (2.3) 0.0 1.4 1.4 5.5 Derivative financial instruments 118.4 (3.6) 114.9 (88.9) (18.1) 7.9 6.4 14.3 121.3 Cash collateral payables on derivative instruments 1 30.4 0.0 30.4 (13.1) (3.3) 14.0 1.4 15.4 31.8 Other financial liabilities designated at fair value 94.8 (88.6) 6.2 (2.2) (3.8) 0.2 23.9 24.1 30.1 of which: repurchase agreements 94.6 (88.6) 6.0 (2.2) (3.8) 0.0 0.4 0.4 6.4 Total liabilities 260.6 (105.0) 155.6 (106.0) (27.5) 22.1 33.1 55.2 188.7 1 The net amount of Cash collateral principles and exchange-traded derivativ presented in the “Netting with gross liabilities” column in the assets table presented above. Netting in this column for measured at amortized financing transactions instruments and cash collateral table. |
UBS AG | |
Entity [Table] | |
Disclosure Of Offsetting Of Financial Assets And Financial Liabilities Explanatory | Note 21 UBS repurchase exchange-traded derivatives. These netting set counterparties to the transaction are The tables netting exposures for these financial instruments UBS arrangements. Therefore, risk exposure. Financial Assets subject to netting Netting recognized on the balance sheet Netting potential not recognized on the balance sheet 3 Assets not subject to netting arrangements 4 Total assets As of 31.12.22, USD bn Gross assets before netting Netting with gross liabilities 2 Net assets recognized on the balance sheet Financial liabilities Collateral received Assets after consideration of netting potential Assets recognized on the balance sheet Total assets after consideration of netting potential Total assets recognized on the balance sheet Receivables from securities financing transactions measured at amortized cost 60.8 (11.1) 49.6 (3.0) (46.4) 0.3 18.2 18.5 67.8 Derivative financial instruments 147.4 (2.5) 144.9 (110.9) (28.5) 5.5 5.2 10.7 150.1 Cash collateral receivables on derivative instruments 1 33.5 0.0 33.5 (20.9) (1.9) 10.6 1.5 12.1 35.0 Financial assets at fair value not held for trading 85.6 (76.8) 8.7 (1.5) (7.3) 0.0 50.7 50.7 59.4 of which: reverse repurchase agreements 84.4 (76.8) 7.6 (1.5) (6.1) 0.0 0.1 0.1 7.7 Total assets 327.2 (90.4) 236.8 (136.3) (84.1) 16.4 75.6 92.0 312.4 As of 31.12.21, USD bn Receivables from securities financing transactions measured at amortized cost 67.7 (13.8) 53.9 (2.9) (51.0) 0.0 21.1 21.1 75.0 Derivative financial instruments 116.0 (3.6) 112.4 (88.9) (18.5) 5.0 5.8 10.7 118.1 Cash collateral receivables on derivative instruments 1 29.4 0.0 29.4 (15.2) (3.3) 11.0 1.1 12.1 30.5 Financial assets at fair value not held for trading 93.1 (87.6) 5.5 (1.1) (4.4) 0.0 54.1 54.1 59.6 of which: reverse repurchase agreements 93.1 (87.6) 5.5 (1.1) (4.4) 0.0 0.3 0.3 5.8 Total assets 306.2 (105.0) 201.2 (108.1) (77.2) 15.9 82.1 98.1 283.3 1 The net IAS 32 principles and directly to the amounts from securities financing “Payables from securities financing transactions the amounts of financial instruments is not reflected in the table. Financial liabilities subject to offsetting, Liabilities subject to netting Netting recognized on the balance sheet Netting potential not recognized on the balance sheet 3 Liabilities not subject to netting arrangements 4 Total liabilities As of 31.12.22, USD bn Gross liabilities before netting Netting with gross assets 2 Net liabilities recognized on the balance sheet Financial assets Collateral pledged Liabilities after consideration of netting potential Liabilities recognized on the balance sheet Total liabilities after consideration of netting potential Total liabilities recognized on the balance sheet Payables from securities financing transactions measured at amortized cost 14.1 (11.1) 3.0 (1.3) (1.8) 0.0 1.2 1.2 4.2 Derivative financial instruments 150.3 (2.5) 147.8 (110.9) (26.2) 10.7 7.1 17.8 154.9 Cash collateral payables on derivative instruments 1 34.9 0.0 34.9 (20.0) (1.9) 13.0 1.6 14.5 36.4 Other financial liabilities designated at fair value 92.5 (76.9) 15.6 (3.2) (12.4) 0.0 16.4 16.4 32.0 of which: repurchase agreements 92.1 (76.9) 15.3 (3.2) (12.1) 0.0 0.1 0.1 15.3 Total liabilities 291.7 (90.4) 201.3 (135.3) (42.3) 23.7 26.3 49.9 227.6 As of 31.12.21, USD bn Payables from securities financing transactions measured at amortized cost 16.9 (12.8) 4.1 (1.8) (2.3) 0.0 1.4 1.4 5.5 Derivative financial instruments 118.4 (3.6) 114.9 (88.9) (18.1) 7.9 6.4 14.3 121.3 Cash collateral payables on derivative instruments 1 30.4 0.0 30.4 (13.1) (3.3) 14.0 1.4 15.4 31.8 Other financial liabilities designated at fair value 94.8 (88.6) 6.2 (2.2) (3.8) 0.2 26.3 26.5 32.4 of which: repurchase agreements 94.6 (88.6) 6.0 (2.2) (3.8) 0.0 0.4 0.4 6.4 Total liabilities 260.6 (105.0) 155.6 (106.0) (27.5) 22.1 35.5 57.6 191.1 1 The net amount of Cash collateral principles and exchange-traded derivativ presented in the “Netting with gross liabilities” column in the assets table presented above. Netting in this column for measured at amortized financing transactions instruments and cash collateral table. |
Restricted financial assets
Restricted financial assets | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Restricted Assets Disclosure [Text Block] | Note 22 This Note 22c) and financial assets that are a) Restricted financial assets Restricted other assets that are otherwise explicitly Financial loans from Swiss mortgage institutions and into repurchase and securities lending received as transaction. in excess mortgage institutions 8,962 m as of 2021: USD 10,843 m). Other restricted financial assets investment contracts to back related liabilities to the policy holders and explicit minimum local asset maintenance requirements. The carrying amount of restricted financial comply with local asset maintenance requirements, Restricted financial assets USD m 31.12.22 31.12.21 Restricted financial assets of which: assets pledged as collateral that may be sold or repledged by counterparties Restricted financial assets of which: assets pledged as collateral that may be sold or repledged by counterparties Financial assets pledged as collateral Financial assets at fair value held for trading 57,377 36,742 63,725 43,397 Loans and advances to customers 1 15,195 18,160 Financial assets at fair value not held for trading 1,509 1,220 961 961 Debt securities classified as Other financial assets measured 3,432 2,685 2,234 1,870 Total financial assets pledged 77,513 85,079 Other restricted financial assets Loans and advances to banks 3,689 3,408 Financial assets at fair value held for trading 162 392 Cash collateral receivables on derivative 5,155 4,747 Loans and advances to customers 1,127 1,237 Financial assets at fair value not held for trading 14,478 22,765 Financial assets measured at fair value through 1,842 894 Other 859 97 Total other restricted 27,312 33,540 Total financial assets pledged 2 104,825 118,619 1 Mainly related to mortgage USD 3.1 bn as 2.7 bn) could 2 Does not include assets placed 5.9 bn; 31 December 2021: 4.4 bn). In addition to restrictions on financial requirements Supervisory authorities Federal subsidiaries’ ability to make distributions Supervisory subsidiaries. Non-regulated subsidiaries can requirements. › Refer to the “Financial for financial information |
UBS AG | |
Entity [Table] | |
Restricted Assets Disclosure [Text Block] | Note 22 This Note 22c) and financial assets that are a) Restricted financial assets Restricted other assets that are otherwise explicitly Financial loans from into repurchase and securities lending received as transaction. in excess mortgage institutions 8,962 m as of 2021: USD 10,843 m). Other restricted financial assets investment contracts to back related liabilities to the policy holders and explicit minimum local asset maintenance requirements. The carrying amount of restricted financial comply with local asset maintenance requirements, Restricted financial assets USD m 31.12.22 31.12.21 Restricted financial assets of which: assets pledged as collateral that may be sold or repledged by counterparties Restricted financial assets of which: assets pledged as collateral that may be sold or repledged by counterparties Financial assets pledged as collateral Financial assets at fair value held for trading 57,435 36,742 63,834 43,397 Loans and advances to customers 1 15,195 18,160 Financial assets at fair value not held for trading 1,509 1,220 961 961 Debt securities classified as Other financial assets measured 3,432 2,685 2,234 1,870 Total financial assets pledged 77,571 85,188 Other restricted financial assets Loans and advances to banks 3,689 3,408 Financial assets at fair value held for trading 162 392 Cash collateral receivables on derivative 5,155 4,747 Loans and advances to customers 1,127 1,237 Financial assets at fair value not held for trading 14,090 22,328 Financial assets measured at fair value through 1,842 894 Other 859 97 Total other restricted 26,924 33,104 Total financial assets pledged 2 104,495 118,292 1 Mainly related to mortgage USD 3.1 bn as of 2.7 bn) could be 2 Does not include assets placed 5.9 bn; 31 December 2021: 4.4 bn). In requirements that authorities also may require entities Board’s Comprehensive Capita make distributions of capital based on Supervisory subsidiaries. Non-regulated subsidiaries can requirements. › Refer to the “Financial for financial information |
Transferred financial assets th
Transferred financial assets that are not derecognized in their entirety | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Transfers Of Financial Assets Explanatory | b) Transferred financial assets that are The recognition in full, as well as recognized Transferred USD m 31.12.22 31.12.21 Carrying amount of transferred assets Carrying amount of associated liabilities recognized on balance sheet Carrying amount of transferred assets Carrying amount of associated liabilities recognized on balance sheet Financial assets at fair value held for trading that 36,742 16,470 43,397 17,687 relating to securities lending and repurchase agreements in exchange 16,756 16,470 17,970 17,687 relating to securities lending agreements in exchange for 18,908 24,146 relating to other financial asset transfers 1,078 1,281 Financial assets at fair value not held for trading counterparties 1,220 1,050 961 898 Debt securities classified as Other financial assets measured sold or repledged by counterparties 2,685 2,302 1,870 1,725 Total financial assets transferred 40,647 19,822 46,227 20,311 Transactions sheet include securities lending arrangements with counterparties subject to UBS’s › Refer to Note 1a As of 31 December 2022, 45 % of the transferred financial assets were in liability represents counterparties. For securities lending and repurchase agreements, a haircut of 0 % and 15 % is generally to the transferred the transferred UBS. In securities lending securities received nor ownership are in another transaction, this is not considered Other financial asset transfers primarily include securities transferred to collateralize derivative transactions, for which the carrying amount of on specific collateral pledged and Transferred financial assets that are not the Group’s continuing involvement were |
UBS AG | |
Entity [Table] | |
Disclosure Of Transfers Of Financial Assets Explanatory | b) Transferred financial assets that are The recognition in full, as well as recognized Transferred USD m 31.12.22 31.12.21 Carrying amount of transferred assets Carrying amount of associated liabilities recognized on balance sheet Carrying amount of transferred assets Carrying amount of associated liabilities recognized on balance sheet Financial assets at fair value held for trading that 36,742 16,470 43,397 17,687 relating to securities lending and repurchase agreements in exchange 16,756 16,470 17,970 17,687 relating to securities lending agreements in exchange for 18,908 24,146 relating to other financial asset transfers 1,078 1,281 Financial assets at fair value not held for trading counterparties 1,220 1,050 961 898 Debt securities classified as Other financial assets measured sold or repledged by counterparties 2,685 2,302 1,870 1,725 Total financial assets transferred 40,647 19,822 46,227 20,311 Transactions sheet include securities lending arrangements with counterparties subject to UBS › Refer to Note 1a As of 31 December 2022, 45 % of the transferred financial assets were in liability represents counterparties. For securities lending and repurchase agreements, a haircut of 0 % and 15 % is generally to the transferred the transferred UBS AG. In securities lending securities received nor the obligation to return of repledged in another transaction Other financial asset transfers primarily include securities transferred to collateralize derivative transactions, for which the carrying amount of on specific collateral pledged and Transferred financial assets that are not UBS AG’s continuing |
Transferred financial assets _2
Transferred financial assets that are derecognized in their entirety with continuing involvement | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Continuing Involvement In Derecognised Financial Assets Explanatory | c) Transferred financial assets that Continuing involvement the particular transfer connection with the transfer. The fair value and carrying amount of UBS’s and 31 December 2021 was not material. Life-to-date losses in securitization vehicles that have been |
UBS AG | |
Entity [Table] | |
Disclosure Of Continuing Involvement In Derecognised Financial Assets Explanatory | c) Transferred financial assets that Continuing involvement the particular transfer connection with the transfer. The fair 2022 positions in securitization vehicles that have been |
Off-balance sheet assets receiv
Off-balance sheet assets received | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Off Balance Sheet Assets Received Text Block | d) Off-balance sheet assets received The table below presents assets received from third parties the balance sheet, but that are held Off-balance sheet assets received USD m 31.12.22 31.12.21 Fair value of assets received that can 434,023 497,828 received as collateral under reverse repurchase, and lending arrangements, derivative and 418,847 483,426 received in unsecured borrowings 15,175 14,402 Thereof sold or repledged 331,805 367,440 in connection with financing activities 288,752 319,176 to satisfy commitments under short sale transactions 29,515 31,688 in connection with derivative and other 13,538 16,575 1 Includes securities received as 2 Does not include off-balance 9.9 bn; 31 December 2021: 12.7 bn) placed with central purposes for which there are no associated |
UBS AG | |
Entity [Table] | |
Disclosure Of Off Balance Sheet Assets Received Text Block | d) Off-balance sheet assets received The table below presents assets received from third the balance sheet, but that are held Off-balance sheet assets received USD m 31.12.22 31.12.21 Fair value of assets received that can 434,023 497,828 received as collateral under reverse repurchase, and lending arrangements, derivative and 418,847 483,426 received in unsecured borrowings 15,175 14,402 Thereof sold or repledged 331,805 367,440 in connection with financing activities 288,752 319,176 to satisfy commitments under short sale transactions 29,515 31,688 in connection with derivative and other 13,538 16,575 1 Includes services. 9.9 bn; 31 December 2021: 12.7 bn) placed with central settlement purposes for which there |
Maturity analysis of financial
Maturity analysis of financial liabilities | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Measurement categories, credit risk and maturity analysis of financial instruments [text block] | Note 23 a) Maturity analysis of carrying The table sheet includes the based on the earliest date on Derivative financial instruments Due within 1 month Assets held to hedge unit-linked investment contracts (presented within Financial assets at fair value not held for ) are Due under unit-linked investment contracts (presented Other financial liabilities designated ). Other financial assets and liabilities with no contractual maturity, such Perpetual / Not applicable counterparty contracts are presented in Perpetual / Not applicable Non-financial assets Perpetual / column. Loan commitments are classified based 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Assets Total financial assets measured at 1 422.6 28.7 34.4 78.7 70.4 92.7 727.6 Loans and advances to customers 139.4 16.3 28.3 74.9 55.5 72.9 387.2 Total financial assets measured at fair value through loss 300.2 10.0 7.8 3.6 9.9 2.0 1.9 335.3 Financial assets at fair value not held for trading 24.6 10.0 7.8 3.6 9.9 2.0 1.9 59.8 Financial assets measured at fair value through comprehensive income 1 0.3 0.9 0.9 0.1 0.0 0.0 2.2 Total non-financial assets 7.6 0.2 2.0 0.4 29.0 39.2 Total assets 730.7 39.6 43.4 82.4 82.3 95.1 31.0 1,104.4 Liabilities Total financial liabilities measured at amortized 521.9 40.0 49.6 20.5 35.1 23.4 11.1 701.5 Customer deposits 463.0 28.3 23.8 7.5 2.2 0.3 525.1 Debt issued measured at amortized cost 6.6 8.8 23.3 11.9 31.1 21.9 11.1 114.6 of which: non-subordinated fixed rate debt 3.1 4.0 13.2 7.6 28.4 21.9 78.1 of which: non-subordinated floating rate debt 1.5 4.8 10.1 1.9 2.2 0.0 20.5 of which: subordinated fixed-rate debt 2.0 2.4 0.5 11.1 16.0 Total financial liabilities measured at fair value profit or loss 2 265.9 13.8 16.3 19.6 7.3 10.5 333.4 Debt issued designated at fair value 9.3 12.3 15.9 19.3 6.9 10.0 73.6 of which: non-subordinated fixed rate debt 0.5 2.3 5.6 3.6 2.0 3.4 17.4 of which: non-subordinated floating rate debt 8.8 10.0 10.3 15.7 4.9 6.6 56.2 Total non-financial liabilities 7.2 3.0 2.1 12.3 Total liabilities 795.1 56.7 65.9 40.1 42.4 33.9 13.2 1,047.1 Guarantees, loan commitments 3 Loan commitments 39.3 0.3 0.4 0.0 40.0 Guarantees 22.4 22.4 Forward starting transactions, securities borrowing agreements 3.8 3.8 Total 65.4 0.3 0.4 0.0 66.2 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Assets Total financial assets measured at amortized 453.7 45.9 43.1 53.7 64.1 77.3 737.8 Loans and advances to customers 157.2 28.7 37.2 49.6 54.9 70.1 397.8 Total financial assets measured at fair value through loss 300.5 5.8 8.1 5.2 7.1 2.5 1.8 330.9 Financial assets at fair value not held for trading 29.7 5.8 8.1 5.2 7.1 2.5 1.8 60.1 Financial assets measured at fair value through comprehensive income 0.1 0.4 0.7 0.1 0.4 7.1 8.8 Total non-financial assets 7.7 0.5 0.1 0.2 1.4 0.3 29.4 39.7 Total assets 761.9 52.6 52.0 59.2 73.0 87.2 31.2 1,117.2 Liabilities Total financial liabilities measured at amortized 581.6 20.1 48.4 17.0 35.6 24.4 13.5 740.6 Customer deposits 530.1 5.2 3.2 1.6 1.5 0.3 542.0 Debt issued measured at amortized cost 3.7 12.1 39.8 14.9 32.5 22.7 13.5 139.2 of which: non-subordinated fixed rate debt 3.7 10.8 28.8 10.6 26.0 22.7 102.6 of which: non-subordinated floating rate debt 1.3 9.0 4.3 3.3 17.9 of which: subordinated fixed-rate debt 2.0 3.1 13.5 18.6 Total financial liabilities measured at fair value profit or loss 2 237.7 12.0 14.7 18.8 5.6 12.2 300.9 Debt issued designated at fair value 12.5 11.6 14.1 18.6 5.4 11.5 73.8 of which: non-subordinated fixed rate debt 0.8 1.2 2.9 1.2 1.3 4.8 12.2 of which: non-subordinated floating rate debt 11.7 10.3 11.2 17.4 4.2 6.8 61.6 Total non-financial liabilities 9.3 3.0 2.4 14.7 Total liabilities 828.6 35.1 63.0 35.8 41.2 36.6 15.9 1,056.2 Guarantees, loan commitments 3 Loan commitments 38.3 0.5 0.7 0.0 39.5 Guarantees 21.2 21.2 Forward starting transactions, securities borrowing agreements 1.4 1.4 Total 60.9 0.5 0.7 0.0 0.0 0.0 0.0 62.1 1 Effective 1 April 2022, a Refer to Note financial liabilities measured at fair value through repurchase and reverse above. Refer to Note 10 b) Maturity analysis of financial The table below principal and liabilities are trading liabilities, Due within , as this provides a conservative reflection extend over significantly longer periods. 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Financial liabilities recognized 1 Amounts due to banks 6.3 2.6 1.9 0.3 0.6 0.0 11.7 Payables from securities financing 3.3 0.3 0.4 0.3 4.4 Cash collateral payables on derivative instruments 36.4 36.4 Customer deposits 463.1 28.5 24.5 8.0 2.4 0.3 526.9 Debt issued measured at amortized cost 2 6.8 9.4 24.8 14.4 37.9 28.0 11.9 133.4 Other financial liabilities measured at amortized cost 4.7 0.1 0.5 0.5 1.3 1.4 8.5 0.1 0.1 0.5 0.5 1.3 1.4 3.8 Total financial liabilities measured 520.7 40.9 52.1 23.6 42.3 29.7 11.9 721.2 Financial liabilities at fair value held for trading 3, 4 29.5 29.5 Derivative financial instruments 3, 5 154.9 154.9 Brokerage payables designated at 45.1 45.1 Debt issued designated at fair value 6 9.4 12.4 16.1 19.7 7.1 18.8 83.4 Other financial liabilities designated at fair value 27.1 1.4 0.4 0.4 0.5 0.8 30.6 Total financial liabilities measured profit or loss 266.0 13.8 16.4 20.0 7.6 19.6 343.5 Total 786.8 54.7 68.6 43.6 49.8 49.3 11.9 1,064.7 Guarantees, commitments Loan commitments 7 39.3 0.3 0.4 0.0 40.0 Guarantees 22.4 22.4 Forward starting transactions, securities borrowing agreements 7 3.8 3.8 Total 65.4 0.3 0.4 0.0 66.2 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Financial liabilities recognized 1 Amounts due to banks 6.7 2.4 3.5 0.0 0.5 13.1 Payables from securities financing 3.8 0.3 1.6 0.0 5.7 Cash collateral payables on derivative instruments 31.8 31.8 Customer deposits 530.1 5.2 3.3 1.7 1.5 0.4 542.3 Debt issued measured at amortized cost 2 4.0 12.7 41.1 16.7 36.9 24.3 13.3 148.9 Other financial liabilities measured at amortized cost 4.5 0.1 0.5 0.6 1.3 1.6 8.4 0.1 0.1 0.5 0.6 1.3 1.6 4.0 Total financial liabilities measured 580.9 20.8 49.9 19.0 40.3 26.2 13.3 750.2 Financial liabilities at fair value held for trading 3,4 31.7 31.7 Derivative financial instruments 3,5 121.3 121.3 Brokerage payables designated at 44.0 44.0 Debt issued designated at fair value 6 13.8 11.5 13.5 18.8 5.7 18.5 81.9 Other financial liabilities designated at fair value 28.1 0.4 0.5 0.2 0.2 1.1 30.5 Total financial liabilities measured profit or loss 239.0 11.9 14.0 19.0 5.9 19.6 309.4 Total 819.8 32.7 63.9 38.0 46.1 45.9 13.3 1,059.6 Guarantees, commitments Loan commitments 7 38.3 0.5 0.7 0.0 39.5 Guarantees 21.2 21.2 Forward starting transactions, and securities borrowing agreements 7 1.4 1.4 Total 60.9 0.5 0.7 0.0 62.1 1 Except for financial payments. cash flows that would have to be paid if these positions 27.8 bn due within 1 month (31 December 2021: USD 30.8 bn), USD 1.7 bn due between 1 month and 1 year (31 December 2021: USD 0.9 bn) and USD 0 bn due between 1 and 5 years (31 December 0 bn). 46 m (31 December 2021: USD 34 m) related to fair values amount of USD 34.4 bn (31 December 2021: USD 36.0 bn) is presented in Note 10 under notional amounts. rate prevailing as of the reporting forward starting reverse repurchase |
UBS AG | |
Entity [Table] | |
Measurement categories, credit risk and maturity analysis of financial instruments [text block] | Note 23 a) Maturity analysis of carrying The table sheet includes the based on the earliest date on Derivative financial instruments Due within 1 month Assets held to hedge unit-linked investment contracts (presented within Financial assets at fair value not held for ) are Due under unit-linked investment contracts (presented Other financial liabilities designated ). Other financial assets and liabilities with no contractual maturity, such Perpetual / Not applicable counterparty contracts are presented in Perpetual / Not applicable Non-financial assets Perpetual / column. Loan commitments are classified based 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Assets Total financial assets measured at amortized 1 425.2 28.7 34.5 78.8 70.5 92.8 730.4 Loans and advances to customers 141.9 16.3 28.3 74.9 55.6 73.0 390.0 Total financial assets measured at fair value through loss 300.4 10.0 7.8 3.6 9.9 2.0 1.5 335.1 Financial assets at fair value not held for trading 24.6 10.0 7.8 3.6 9.9 2.0 1.5 59.4 Financial assets measured at fair value through comprehensive income 1 0.3 0.9 0.9 0.1 0.0 0.0 2.2 Total non-financial assets 7.1 0.2 2.0 0.4 28.0 37.7 Total assets 732.9 39.5 43.4 82.4 82.4 95.1 29.6 1,105.4 Liabilities Total financial liabilities measured at amortized 524.3 40.2 49.6 20.7 35.2 23.5 11.8 705.4 Customer deposits 464.5 28.5 23.8 7.7 2.3 0.3 527.2 Funding from UBS Group AG 2.0 4.8 21.2 16.3 11.8 56.1 Debt issued measured at amortized cost 4.6 8.8 23.3 7.2 10.0 5.7 59.5 of which: non-subordinated fixed rate debt 3.1 4.0 13.2 2.8 7.8 5.7 36.6 of which: non-subordinated floating rate debt 1.5 4.8 10.1 1.9 1.6 19.9 of which: subordinated fixed-rate debt 2.4 0.5 3.0 Total financial liabilities measured at fair value profit or loss 2 265.9 13.8 16.3 19.6 7.3 10.5 333.4 Debt issued designated at fair value 9.3 12.3 15.9 19.3 6.9 8.2 71.8 of which: non-subordinated fixed rate debt 0.5 2.3 5.6 3.6 2.0 1.6 15.6 of which: non-subordinated floating rate debt 8.8 10.0 10.3 15.7 4.9 6.6 56.2 Total non-financial liabilities 6.7 2.6 0.5 9.7 Total liabilities 796.9 56.5 65.9 40.4 42.5 34.0 12.3 1,048.5 Guarantees, loan commitments 3 Loan commitments 39.3 0.3 0.4 0.0 40.0 Guarantees 22.4 22.4 Forward starting transactions, securities borrowing agreements 3.8 3.8 Total 65.4 0.3 0.4 0.0 66.2 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Assets Total financial assets measured at amortized 454.3 45.6 43.2 53.7 64.2 77.6 738.6 Loans and advances to customers 157.8 28.5 37.3 49.7 55.1 70.3 398.7 Total financial assets measured at fair value through loss 300.7 5.8 8.1 5.2 7.1 2.5 1.4 330.7 Financial assets at fair value not held for trading 29.7 5.8 8.1 5.2 7.1 2.5 1.4 59.6 Financial assets measured at fair value through comprehensive income 0.1 0.4 0.7 0.1 0.4 7.1 8.8 Total non-financial assets 7.3 0.5 0.1 0.2 1.4 0.3 28.2 38.0 Total assets 762.3 52.3 52.1 59.3 73.2 87.5 29.5 1,116.1 Liabilities Total financial liabilities measured at amortized 583.3 21.5 48.4 17.3 36.0 24.7 13.7 744.8 Customer deposits 531.0 6.5 3.2 1.9 1.8 0.3 544.8 Funding from UBS Group AG 0.0 2.8 1.4 6.3 17.0 16.1 13.7 57.3 Debt issued measured at amortized cost 3.7 9.3 38.4 8.7 15.5 6.9 82.4 of which: non-subordinated fixed rate debt 3.7 8.4 27.4 6.6 9.0 6.9 62.0 of which: non-subordinated floating rate debt 0.0 0.8 9.0 2.1 3.3 15.2 of which: subordinated fixed-rate debt 2.0 3.1 5.2 Total financial liabilities measured at fair value profit or loss 2 238.1 12.0 14.7 18.8 5.6 11.8 300.9 Debt issued designated at fair value 12.5 11.6 14.1 18.6 5.4 9.2 71.5 of which: non-subordinated fixed rate debt 0.8 1.2 2.9 1.2 1.3 2.4 9.8 of which: non-subordinated floating rate debt 11.7 10.3 11.2 17.4 4.2 6.8 61.6 Total non-financial liabilities 8.7 2.6 0.7 12.0 Total liabilities 830.0 36.0 63.0 36.2 41.6 36.5 14.4 1,057.7 Guarantees, loan commitments 3 Loan commitments 38.3 0.5 0.7 0.0 39.5 Guarantees 21.2 21.2 Forward starting transactions, securities borrowing agreements 1.4 1.4 Total 60.9 0.5 0.7 0.0 62.1 1 Effective 1 April 2022, a portfolio of Refer to Note 1b for financial liabilities starting repurchase and reverse repurchase table above. Refer to Note 10 b) Maturity analysis of financial The table below principal and liabilities are trading liabilities, Due within , as this provides a conservative reflection extend over significantly longer periods. 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Financial liabilities recognized 1 Amounts due to banks 6.3 2.6 1.9 0.3 0.6 0.0 11.7 Payables from securities financing 3.3 0.3 0.4 0.3 0.0 4.4 Cash collateral payables on derivative instruments 36.4 36.4 Customer deposits 464.6 28.8 24.5 8.2 2.6 0.3 529.0 Funding from UBS Group AG 2 2.2 0.6 1.2 6.8 27.6 21.2 12.7 72.3 Debt issued measured at amortized cost 4.6 8.9 23.7 7.8 10.8 6.9 62.8 Other financial liabilities measured at amortized cost 5.6 0.1 0.4 0.5 1.2 1.3 9.2 0.1 0.1 0.4 0.5 1.2 1.3 3.7 Total financial liabilities measured 3, 5 523.1 41.2 52.2 24.0 42.8 29.8 12.7 725.8 Financial liabilities at fair value held for trading 3, 4 29.5 29.5 Derivative financial instruments 3, 5 154.9 154.9 Brokerage payables designated at 45.1 45.1 Debt issued designated at fair value 6 9.4 12.4 16.0 19.7 7.1 12.3 76.8 Other financial liabilities designated at fair value 27.1 1.4 0.4 0.4 0.5 5.0 34.8 Total financial liabilities measured profit or loss 266.0 13.8 16.4 20.0 7.5 17.3 341.1 Total 789.2 55.0 68.6 44.0 50.3 47.1 12.7 1,066.9 Guarantees, commitments Loan commitments 7 39.3 0.3 0.4 0.0 40.0 Guarantees 22.4 22.4 Forward starting transactions, securities borrowing agreements 7 3.8 3.8 Total 65.4 0.3 0.4 0.0 66.2 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Financial liabilities recognized 1 Amounts due to banks 6.7 2.4 3.5 0.0 0.5 13.1 Payables from securities financing 3.8 0.3 1.6 0.0 5.7 Cash collateral payables on derivative instruments 31.8 31.8 Customer deposits 531.0 6.6 3.3 2.0 1.9 0.4 545.1 Funding from UBS Group AG 2 0.2 3.3 2.3 7.8 21.1 16.9 13.7 65.3 Debt issued measured at amortized cost 3.8 9.4 38.8 9.0 16.1 7.6 84.7 Other financial liabilities measured at amortized cost 5.3 0.1 0.4 0.6 1.2 1.5 9.1 of which: lease liabilities 0.1 0.1 0.4 0.6 1.2 1.5 3.9 Total financial liabilities measured 582.6 22.1 49.9 19.4 40.8 26.4 13.7 754.8 Financial liabilities at fair value held for trading 3,4 31.7 31.7 Derivative financial instruments 3,5 121.3 121.3 Brokerage payables designated at 44.0 44.0 Debt issued designated at fair value 6 13.8 11.5 13.5 18.8 5.6 12.5 75.9 Other financial liabilities designated at fair value 28.1 0.4 0.5 0.2 0.2 7.1 36.5 Total financial liabilities measured profit or loss 239.0 11.9 14.0 19.0 5.8 19.6 309.4 Total 821.6 34.0 63.9 38.4 46.6 45.9 13.7 1,064.2 Guarantees, commitments Loan commitments 7 38.3 0.5 0.7 0.0 39.5 Guarantees 21.2 21.2 Forward starting transactions, and securities borrowing agreements 7 1.4 1.4 Total 60.9 0.5 0.7 0.0 62.1 1 Except for financial payments. cash flows that would have to be paid if these positions had to be settled or closed out. 27.8 bn due within 1 month (31 December 2021: USD 30.8 bn), USD 1.7 bn due between 0.9 bn) and USD 0 bn due between 0 bn). 46 m (31 December 2021: USD 34 m) related committed amount 34.4 bn (31 December 36.0 bn) is applicable interest rate prevailing commitments and forward starting |
Interest rate benchmark reform
Interest rate benchmark reform | 12 Months Ended |
Dec. 31, 2022 | |
Schedule Interest Rate Benchmark Reform [Table] | |
Disclosure of how entity is managing transition to alternative benchmark rates, its progress at reporting date and risks to which it is exposed arising from financial instruments because of transition [text block] | Background A Interbank Offered Rates (LIBORs) ceased immediately after 31 December 2021 one-week 30 June 2023. In December 2022 synthetic format not implement the Adjustable Interest Rate (LIBOR) Act, which LIBOR legislation. governed by 2023. A framework has provisions and to cease entering into new by regulatory provisions for USD Governance over the transition Throughout structure and change program to address the scale and complexity of the transition. This global program is sponsored by the Group The program teams from each control and support function. During 2022, progress was overseen centrally via a monthly Group LIBOR Transition Risks A core part of UBS’s change program is reform and transition. These – economic risks to UBS and of pricing information, market uncertainty or – accounting risks, income statement volatility; – valuation risks financial instruments; – operational (e.g., data sourcing and processing – legal and conduct risks relating to UBS’s products and amendments Overall, the effort required to transition is with multiple stakeholders (as is the technical readiness to handle ARR market conventions. UBS remains confident that it has the transparency, oversight and operational progress made as of and strategy as a result of interest Transition progress UBS’s significant balances, corporate most of its SARON-based mortgages and Financing Rate (SOFR)-based mortgages Throughout 2021, UBS transitioned substantially all of remaining CHF LIBOR-linked UBS accounts, except for balances originated In 2022, UBS industry solutions (e.g., the use of fallback and bi-lateral contract negotiations. As of 31 December 2022, the transition of non-USD IBORs is substantially complete. In addition, make mortgage portfolio of USD 9 bn (31 December 2021: USD 11 bn) the largest remaining exposure In August 2022 transitioning USD LIBOR derivatives not transacted with clearing houses or exchanges from the first quarter of 2023. The transition of USD LIBOR-cleared derivatives As of 31 December 2022, UBS had approximately USD 3 bn equivalent of yen- and US dollar-denominated publicly issued benchmark bonds that, on reference rates indirectly derived from IBORs, if they IBOR standards formalize and in advance of any given their current fixed-rate coupon. Financial instruments yet to transition The amounts UBS has material exposures – contractually reference an interest rate benchmark – have a contractual maturity date (including Contracts where penalty terms reference IBORs, or where exposure to have not been included, In line below benchmark reform: – gross carrying value / exposure for non – total trade count for derivative financial The rights, with the actual exposure As of USD transition planned to be LIBOR benchmark rates 31.12.22 1 31.12.21 Measure USD USD CHF GBP EUR 2 JPY Carrying value of non Total non-derivative financial assets USD m 14,269 3 65,234 3 21,616 4 45 5 1 0 Total non-derivative financial liabilities USD m 1,138 5 1,985 5 27 5 3 5 5 6 0 Trade count Total derivative financial instruments Trade count 32,006 7 40,500 7,8 829 9 183 9 3,744 9 184 9 Off-balance sheet exposures Total irrevocable loan commitments USD m 4,606 10 11,863 11 0 0 0 0 1 As of 31 December 1 bn (31 December 2021: 1 bn) of loans currency credit lines, where IBOR transition efforts are complete, 37 bn USD LIBOR securities-based lending and USD 5 bn brokerage accounts, which for the most part transitioned to CHF LIBOR transition dependent 2,000 1,000 ) contracts having a maturity after 30 June 2023, with the 5,000 which approximately 500 an ARR leg and a USD IBOR leg. transition happened in 3 bn of loan commitments scheduled for 2023. 3 bn have only USD LIBOR USD 2 bn retain a non-USD before 30 June 2023. |
UBS AG | |
Schedule Interest Rate Benchmark Reform [Table] | |
Disclosure of how entity is managing transition to alternative benchmark rates, its progress at reporting date and risks to which it is exposed arising from financial instruments because of transition [text block] | Background A Interbank Offered Rates (LIBORs) ceased immediately after 31 December 2021 one-week 30 June 2023. In December 2022 synthetic format not implement the Adjustable Interest Rate (LIBOR) Act, which LIBOR legislation. governed by 2023. A framework fallback provisions and to cease entering allowed by regulatory provisions Governance over the transition Throughout structure and change program to address the scale and complexity of the transition. This global program is sponsored by the Group CFO and led by The program teams from each control and support function. During 2022, progress was overseen centrally via a monthly Group LIBOR Transition Risks A core part of UBS AG’s IBOR reform and transition. – economic risks liquidity of pricing information, – accounting risks, income statement volatility; – valuation risks financial instruments; – operational (e.g., data sourcing and processing – legal benchmark products and Overall, the effort required to transition is with multiple stakeholders (as is the technical readiness to handle ARR market conventions. and operational preparedness to progress with the IBOR transition consistent with progress approach and strategy as a result of interest Transition progress UBS payable balances, transitioned most of its CHF LIBOR-linked deposits to the Swiss Average Overnight Rate (SARON AG Secure Overnight Financing R Throughout 2021, UBS AG transitioned the remaining 2021 brokerage accounts, except for balances In leveraging industry solutions agents, substantially complete. In addition, to make mortgage portfolio of USD 9 bn (31 December 2021: USD 11 bn) the largest remaining exposure In August June 2022 gradually transitioning USD 2023. The transition of USD As of 3 bn equivalent from UBS directly on Group AG reference have robust IBOR fallback language and the confirmation of interest rate calculation mechanics will be communicated as market standards formalize and in advance of below, given their current fixed-rate Financial instruments yet to transition The amounts included UBS AG has material exposures – contractually reference an interest rate benchmark – have a contractual maturity date (including Contracts where penalty terms reference IBORs, or where exposure to have not been included, In line with information provided to management and external below benchmark reform: – gross carrying value / exposure for non – total trade count for derivative financial The rights, with the actual exposure As of 31 December 2022, USD transition planned to be LIBOR benchmark rates 31.12.22 1 31.12.21 Measure USD USD CHF GBP EUR 2 JPY Carrying value of non Total non-derivative financial assets USD m 14,269 3 65,234 3 21,616 4 45 5 1 0 Total non-derivative financial liabilities USD m 1,138 5 1,985 5 27 5 3 5 5 6 0 Trade count Total derivative financial instruments Trade count 32,006 7 40,500 7,8 829 9 183 9 3,744 9 184 9 Off-balance sheet exposures Total irrevocable loan commitments USD m 4,606 10 11,863 11 0 0 0 0 1 As of 31 December 1 bn (31 December 2021: 1 bn) of loans currency credit lines, where IBOR transition efforts are complete, 37 bn USD LIBOR securities-based lending and USD 5 bn brokerage accounts, which for the most part transitioned to CHF LIBOR transition dependent 2,000 1,000 ) contracts having a maturity after 30 June 2023, with the 5,000 which approximately 500 an ARR leg and a USD IBOR leg. transition happened in 3 bn of loan commitments scheduled for 2023. 3 bn have only USD LIBOR USD 2 bn retain a non-USD before 30 June 2023. |
Hedge accounting
Hedge accounting | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of General Hedge Accounting Explanatory | Note 25 Derivatives designated in The Group applies hedge accounting to interest risk related to net investments in foreign › Refer to “Market risk” and how they are managed Hedging instruments and Interest rate swaps are designated in in benchmark change in the fair value of the hedged Cross-currency foreign exchange in foreign operations. The notional of the designated hedging instruments matches the notional of the hedged items, except when the rate swaps are re-designated in swap sensitivity. Hedged items and hedge Fair value hedges of interest rate risk Fair associated with the debt issued, cash flows by entering into interest rate swaps receive floating cash flows. Designations dollars. For new (with interbank offered rate (IBOR) transition for swaps with benchmark relevant Interest (Amendments to IFRS 9, IAS . Cash flow hedges of The Group hedges forecast cash are expected timing of future cash flows, and interest cash Group, which risk exposures traded and the following currencies: US dollars, Swiss francs, designations in December 2021. 2022 hedge accounting in accordance with Interest Rate Benchmark Reform – Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) . Fair value hedges of foreign exchange Debt instruments denominated in exchange economically convert debt denominated Hedges of net investments in foreign The branches terminated and new designations Economic relationship between The economic relationship analysis of their critical terms. In cases where hedge a quantitative terms is also performed. Sources of hedge In different curves date of the hedging derivative. In hedges hedging instruments and undesignated risk components items. In hedges of net investments in foreign operations, designated hedged the foreign operation, where Hedge ineffectiveness from financial instruments Other net income. Derivatives not designated in hedge Non-hedge Other income from financial instruments , even when or to exchange contracts acting as economic hedges, Net interest income. All hedges: designated As of or for the year ended 31.12.22 Carrying amount USD m Notional amount Derivative financial assets Derivative financial liabilities Changes in fair value of hedging instruments 1 Changes in fair value of hedged items 1 Hedge ineffectiveness recognized in the income statement Interest rate risk Fair value hedges 92,415 0 0 (5,195) 5,169 (27) Cash flow hedges 75,304 2 5 (5,813) 5,760 (53) Foreign exchange risk Fair value hedges 2 20,566 845 3 (1,088) 1,105 18 Hedges of net investments in foreign operations 14,009 7 529 336 (337) (1) As of or for the year ended 31.12.21 Carrying amount USD m Notional amount Derivative financial assets Derivative financial liabilities Changes in fair value of hedging instruments 1 Changes in fair value of hedged items 1 Hedge ineffectiveness recognized in the income statement Interest rate risk Fair value hedges 89,525 0 7 (1,604) 1,602 (2) Cash flow hedges 79,573 12 1 (1,185) 990 (196) Foreign exchange risk Fair value hedges 2 27,875 87 261 (2,139) 2,181 42 Hedges of net investments in foreign operations 13,939 23 105 497 (497) 0 1 Amounts accounting designation and accounted Fair value hedges: designated USD m 31.12.22 31.12.21 Interest rate risk FX risk Interest rate risk FX risk Debt issued measured at amortized Carrying amount of designated debt issued 68,529 20,566 74,700 27,875 (6,057) 478 Other financial assets measured at Carrying amount of designated debt securities 4,577 2,677 (180) (7) Loans and advances to customers Carrying amount of designated loans 14,270 13,835 of which: accumulated amount of fair value hedge (1,249) (109) of which: accumulated amount of fair value hedge portfolio that ceased to be part of hedge accounting (51) 3 Fair value hedges: profile of 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 5 years Due after 5 years Total Interest rate swaps 0 4 10 53 26 92 Cross-currency swaps 0 1 2 12 5 21 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 5 years Due after 5 years Total Interest rate swaps 0 8 10 49 22 90 Cross-currency swaps 1 1 6 13 6 28 Cash flow hedge reserve on USD m 31.12.22 31.12.21 Amounts related to hedge relationships for which hedge (4,692) 26 Amounts related to hedge relationships for which hedge (540) 743 Total other comprehensive (5,232) 769 Foreign currency translation USD m 31.12.22 31.12.21 Amounts related to hedge relationships for which hedge 284 (45) Amounts related to hedge relationships for which hedge 266 262 Total other comprehensive basis 550 217 Interest rate benchmark The Group continues to apply the relief provided by Interest Rate Benchmark Reform (amendments to IFRS 9, IAS 39 and IFRS 7) , 30 June 2023. The hedge relationships rate benchmarks. Hedges of net investments in foreign › Refer to Note 1a interest rate benchmark › Refer to Note 24 › Refer to earlier parts Hedging instruments referencing 31.12.22 31.12.21 Carrying amount Carrying amount USD m Notional amount Derivative financial assets Derivative financial liabilities Notional amount Derivative financial assets Derivative financial liabilities Interest rate risk Fair value hedges 20,383 0 0 23,367 0 0 Cash flow hedges 2,179 0 0 10,803 0 0 |
UBS AG | |
Entity [Table] | |
Disclosure Of General Hedge Accounting Explanatory | Note 25 Hedge accounting Derivatives designated in UBS AG risk related to net investments in foreign › Refer to “Market risk” and how they are managed Hedging instruments and Interest rate swaps are designated in in benchmark change in the fair value of the hedged Cross-currency foreign exchange in foreign operations. The notional of the designated hedging instruments matches the notional of the hedged items, except when the rate swaps are re-designated in swap sensitivity. Hedged items and hedge Fair value hedges of interest rate risk Fair associated with loans in Swiss francs to floating cash flows or that pay fixed and Designations dollars. For new (with interbank offered rate (IBOR) transition for swaps with benchmark relevant Interest (Amendments to IFRS 9, IAS . Cash flow hedges of UBS are expected timing of future cash flows, and interest cash AG, which is hedged exposures are monitored and adjusted on an ongoing basis, and consequently additional hedging instruments are traded and following Swiss francs, designations in December 2021. 2022 hedge accounting in accordance with Interest Rate Benchmark Reform – Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) . Fair value hedges of foreign exchange Debt instruments denominated in currencies other exchange economically convert debt denominated Hedges of net investments in foreign UBS AG applies hedge accounting for certain net investments in foreign operations, which include subsidiaries, branches and associates. new designations are Economic relationship between The economic relationship analysis of their critical terms. In cases where hedge a quantitative terms is also performed. Sources of hedge In different curves date of the hedging derivative. In hedges hedging instruments and undesignated risk components items. In hedges of net investments in foreign operations, designated hedged the foreign operation, Hedge ineffectiveness from financial instruments Other net income. Derivatives not designated in hedge Non-hedge Other income from financial instruments , even when or to exchange contracts acting as economic hedges, Net interest income. All hedges: designated As of or for the year ended 31.12.22 USD m Notional amount Carrying amount Changes in fair value of hedging instruments 1 Changes in fair value of hedged items 1 Hedge ineffectiveness recognized in the income statement Derivative financial assets Derivative financial liabilities Interest rate risk Fair value hedges 92,415 0 0 (5,195) 5,169 (27) Cash flow hedges 75,304 2 5 (5,813) 5,760 (53) Foreign exchange risk Fair value hedges 2 20,566 845 3 (1,088) 1,105 18 Hedges of net investments in foreign operations 13,844 7 528 318 (319) (1) As of or for the year ended 31.12.21 USD m Notional amount Carrying amount Changes in fair value of hedging instruments 1 Changes in fair value of hedged items 1 Hedge ineffectiveness recognized in the income statement Derivative financial assets Derivative financial liabilities Interest rate risk Fair value hedges 89,525 0 7 (1,604) 1,602 (2) Cash flow hedges 79,573 12 1 (1,185) 990 (196) Foreign exchange risk Fair value hedges 2 27,875 87 261 (2,139) 2,181 42 Hedges of net investments in foreign operations 13,761 23 103 492 (491) 0 1 Amounts accounting designation and accounted Fair value hedges: designated USD m 31.12.22 31.12.21 Interest rate risk FX risk Interest rate risk FX risk Debt issued measured at amortized Carrying amount of designated debt issued 11,279 5,737 21,653 11,392 (1,002) 261 Funding from UBS Group AG Carrying amount of designated debt instruments 57,250 14,828 53,047 16,483 (5,055) 218 Other financial assets measured at Carrying amount of designated debt securities 4,577 2,677 (180) (7) Loans and advances to customers Carrying amount of designated loans 14,270 13,835 of which: accumulated amount of fair value hedge (1,249) (109) of which: accumulated amount of fair value hedge portion of the portfolio that ceased to be part (51) 3 Fair value hedges: profile of 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 5 years Due after 5 years Total Interest rate swaps 0 4 10 53 26 92 Cross-currency swaps 0 1 2 12 5 21 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 5 years Due after 5 years Total Interest rate swaps 0 8 10 49 22 90 Cross-currency swaps 1 1 6 13 6 28 Cash flow hedge reserve on USD m 31.12.22 31.12.21 Amounts related to hedge relationships for which hedge (4,692) 26 Amounts related to hedge relationships for which hedge (540) 743 Total other comprehensive (5,232) 769 Foreign currency translation USD m 31.12.22 31.12.21 Amounts related to hedge relationships for which hedge 250 (61) Amounts related to hedge relationships for which hedge 266 262 Total other comprehensive basis 515 201 Interest rate benchmark UBS AG Interest Rate (amendments IFRS 7) , 30 June 2023. The hedge relationships rate benchmarks. Hedges of net investments in foreign › Refer to Note 1a interest rate benchmark › Refer to Note 24 › Refer to earlier parts Hedging instruments referencing 31.12.22 31.12.21 Carrying amount Carrying amount USD m Notional amount Derivative financial assets Derivative financial liabilities Notional amount Derivative financial assets Derivative financial liabilities Interest rate risk Fair value hedges 20,383 0 0 23,367 0 0 Cash flow hedges 2,179 0 0 10,803 0 0 |
Post-employment benefit plans
Post-employment benefit plans | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Post-employment benefit plans [text block] | Note 26 a) Defined benefit plans UBS has and practices. on the specific plan rules. Swiss pension plan The Swiss having close economic or financial ties with UBS Group AG, and exceeds the minimum benefit requirements under Swiss pension law. Board. The responsibilities of Savings contributions to the Swiss UBS pays 6.5 % and 27.5 % of contributory base 2.8 % and 9 % survivor benefits. Employees 2.5 % and 13.5 % of contributory base salary and 0 % and 9 % of contributory and choice of savings contribution The plan offers to members at the 65 lump sum 58 , but can continue 70 . Employees have make additional purchases of benefits The pension the transferred been credited to participants is determined by Although defined accrue interest on the participants’ An actuarial valuation in accordance with Swiss this basis occur, the Pension Foundation Board be 10 underfunded situation, the risk is 50 % of the accordance with Swiss pension 119.0 % (31 December 2021: 134.8 %). The investment strategy to diversification of plan assets, and is of regularly performed asset and liability management long-term balance between assets and As of the 7,848 m 6,577 m). However, economic benefit, the present value of the the estimated future economic benefit sheet. Changes to the Swiss pension The Pension Foundation the long-term financial and increased the To CHF 646 m (USD 698 m) in 235 m, USD 254 m and USD 209 m paid in 2020, 2021 and 2022 reduced other comprehensive income with no effect on the income statement. The regular employer contributions 480 m. UK pension plan The inflation, 60 . The guaranteed lifetime more than employees participate in the UK defined The contributions to of the most underfunding, 2022, 5 m contributions. The plan insurance company. These swaps which should had a negative value of USD 1 m (31 December 2021: negative USD 3 m). In 2019, provide 292 m (31 December 2021: USD 337 m) and includes assets. The insolvency or not paying a required The employer 18 m, subject regular funding reviews during US pension plans There are two distinct 65 . Both plans new entrants more than One of the defined benefit plans is a contribution a retirement linked to accrue based on the have the option of taking As required governance of the plans. The plan assets for the investment decisions with The employer contributions to 11 m. German pension plans There are two unfunded defined benefit plans in Germany. The normal retirement age is 65 by UBS. The accumulated account balance 5 %. The plan has accrue compensation. For this plan, the rate of 6 % for amounts accrued before 2010, of 4 % for amounts accrued from 2010 to 2017 and of 0.9 % for amounts accrued after when they inflation. In investment returns 0 %. The June 2018 and for all eligible of salary in a retirement savings The employer contributions to 12 m. Financial information by plan The tables defined benefit plans, as well as Other comprehensive incom e. Defined benefit plans USD m Swiss pension plan UK pension plan US and German pension plans Total 2022 2021 2022 2021 2022 2021 2022 2021 Defined benefit obligation at the beginning of the year 27,398 27,728 4,105 4,162 1,740 1,905 33,242 33,795 Current service cost 416 494 0 0 5 6 420 500 Interest expense 344 58 67 58 35 30 446 147 Plan participant contributions 257 266 0 0 0 0 257 266 Remeasurements (4,151) 837 (1,474) 71 (267) (62) (5,891) 846 of which: actuarial (gains) / losses due to changes in demographic 3 51 (6) 14 1 4 (2) 69 of which: actuarial (gains) / losses due to changes in financial (4,666) (678) (1,575) (3) (279) (78) (6,520) (759) of which: experience (gains) / losses 1 512 1,464 107 59 11 12 631 1,535 Past service cost related to plan amendments 0 0 0 0 0 4 0 4 Curtailments (20) (80) 0 0 0 0 (20) (80) Benefit payments (1,454) (1,097) (123) (148) (111) (112) (1,687) (1,357) Other movements (5) 0 0 0 0 1 (5) 1 Foreign currency translation (513) (809) (408) (38) (28) (33) (949) (880) Defined benefit obligation at the 22,272 27,398 2,166 4,105 1,375 1,740 25,813 33,242 of which: amounts owed to active members 11,927 14,333 65 150 169 222 12,160 14,705 of which: amounts owed to deferred members 0 0 656 1,593 528 669 1,184 2,262 of which: amounts owed to retirees 10,345 13,065 1,445 2,362 678 849 12,469 16,276 of which: funded plans 22,272 27,398 2,166 4,105 1,011 1,222 25,449 32,724 of which: unfunded plans 0 0 0 0 363 518 363 518 Fair value of plan assets at the beginning 33,975 32,590 4,297 4,149 1,329 1,360 39,601 38,100 Return on plan assets excluding interest income (3,248) 2,322 (1,312) 277 (223) 40 (4,782) 2,639 Interest income 485 74 70 58 31 26 586 159 Employer contributions 685 763 5 0 16 16 706 779 Plan participant contributions 257 266 0 0 0 0 257 266 Benefit payments (1,454) (1,097) (123) (148) (111) (112) (1,687) (1,357) Administration expenses, taxes and premiums paid (12) (13) 0 0 (3) (4) (16) (17) Other movements (2) 0 0 0 0 1 (2) 1 Foreign currency translation (567) (930) (450) (39) 0 0 (1,017) (969) Fair value of plan assets 30,119 33,975 2,488 4,297 1,039 1,329 33,646 39,601 Surplus / (deficit) 7,848 6,577 321 192 (335) (411) 7,834 6,358 Asset ceiling effect at the beginning of the year 6,577 4,862 0 0 0 0 6,577 4,862 Interest expense on asset ceiling effect 135 15 0 0 0 0 135 15 Asset ceiling effect excluding interest expense and foreign asset ceiling effect 1,189 1,821 0 0 0 0 1,189 1,821 Foreign currency translation (54) (121) 0 0 0 0 (54) (121) Asset ceiling effect at the end of the year 7,848 6,577 0 0 0 0 7,848 6,577 Net defined benefit asset / (liability) of 0 0 321 192 (335) (411) (14) (219) Net defined benefit asset / (liability) of remaining (100) (112) Total net defined benefit (114) (331) of which: Net defined benefit asset 355 302 of which: Net defined benefit liability 2 (469) (633) 1 Experience (gains) occurred. Income statement – expenses related 1 USD m Swiss pension plan UK pension plan US and German pension plans Total For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Current service cost 416 494 0 0 5 6 420 500 Interest expense related to defined benefit obligation 344 58 67 58 35 30 446 147 Interest income related to plan assets (485) (74) (70) (58) (31) (26) (586) (159) Interest expense on asset ceiling effect 135 15 0 0 0 0 135 15 Administration expenses, taxes and premiums paid 12 13 0 0 3 4 16 17 Past service cost related to plan amendments 0 0 0 0 0 4 0 4 Curtailments (20) (80) 0 0 0 0 (20) (80) Net periodic expenses recognized in net 402 426 (3) 0 12 18 411 444 Net periodic expenses recognized in net 2 25 25 Total net periodic 437 470 1 Refer to Note 6. Other comprehensive income – gains / USD m Swiss pension plan UK pension plan US and German pension plans Total For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Remeasurement of defined benefit obligation 4,151 (837) 1,474 (71) 267 62 5,891 (846) of which: change in discount rate assumption 5,414 870 1,451 319 317 77 7,183 1,267 of which: change in rate of pension increase 0 0 123 (316) (5) (1) 118 (318) of which: change in rate of interest credit on (718) (193) 0 0 (82) (1) (800) (194) of which: change in life expectancy 0 0 5 9 (1) (3) 4 5 of which: change in other actuarial assumptions (33) (50) 1 (23) 48 2 16 (71) of which: experience gains / (losses) 1 (512) (1,464) (107) (59) (11) (12) (631) (1,535) Return on plan assets excluding interest income (3,248) 2,322 (1,312) 277 (223) 40 (4,782) 2,639 Asset ceiling effect excluding interest expense and foreign (1,189) (1,821) 0 0 0 0 (1,189) (1,821) Total gains / (losses) recognized (285) (336) 162 207 43 102 (80) (28) Total gains / (losses) recognized 7 30 Total gains / (losses) recognized 2 (73) 2 1 Experience occurred. The table below provides Swiss pension plan UK pension plan US and German pension plans 1 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Duration of the defined benefit 13.1 15.1 13.7 18.8 7.9 9.5 Maturity analysis of benefits expected USD m Benefits expected to be paid within 12 months 1,294 1,312 107 110 123 123 Benefits expected to be paid between 2,657 2,636 234 248 232 237 Benefits expected to be paid between 3,977 3,824 384 418 335 338 Benefits expected to be paid between 6,743 6,220 667 743 502 495 Benefits expected to be paid between 6,223 5,572 667 751 388 392 Benefits expected to be paid in more than 16 years 22,446 18,092 2,570 3,028 516 519 1 The duration of the Actuarial assumptions The jurisdiction discount rate. The di currency of assumptions used in › Refer to Note 1a The tables below show Significant actuarial assumptions Swiss pension plan UK pension plan US pension plans German pension plans In % 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Discount rate 2.34 0.34 5.02 1.82 4.92 1 2.47 1 3.81 0.99 Rate of pension increase 0.00 0.00 3.08 3.32 0.00 0.00 2.20 1.80 Rate of interest credit on retirement savings 3.39 1.04 0.00 0.00 5.73 2 1.18 2 0.00 0.00 1 Represents weighted average Mortality tables and life expectancies Life expectancy at age 65 for a male member currently aged 65 aged 45 Country Mortality table 31.12.22 31.12.21 31.12.22 31.12.21 Switzerland BVG 2020 G with CMI 2021 projections 1 21.7 21.7 23.4 23.3 UK S3PA with CMI 2021 projections 2 23.5 23.4 24.6 24.5 USA Pri-2012 with MP-2021 projection scale 22.0 21.9 23.3 23.3 Germany Dr. K. Heubeck 20.6 20.5 23.4 23.2 Life expectancy at age 65 for a female member currently aged 65 aged 45 Country Mortality table 31.12.22 31.12.21 31.12.22 31.12.21 Switzerland BVG 2020 G with CMI 2021 projections 1 23.5 23.4 25.1 25.0 UK S3PA with CMI 2021 projections 2 25.0 24.9 26.4 26.3 USA Pri-2012 with MP-2021 projection scale 23.4 23.3 24.8 24.7 Germany Dr. K. Heubeck 24.0 23.9 26.3 26.1 1 In 2021, BVG 2020 G with Sensitivity analysis of significant actuarial The table have been date. deemed sensitivities may not be linear. Sensitivity analysis of significant actuarial 1 Increase / (decrease) in defined benefit obligation Swiss pension plan UK pension plan US and German pension plans USD m 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Discount rate Increase by 50 basis points (1,128) (1,695) (141) (361) (51) (78) Decrease by 50 basis points 1,269 1,933 157 411 55 84 Rate of pension increase Increase by 50 basis points 877 1,333 127 334 4 6 Decrease by 50 basis points – 2 – 2 (118) (306) (3) (6) Rate of interest credit on retirement Increase by 50 basis points 178 224 – 3 – 3 9 8 Decrease by 50 basis points (178) (224) – 3 – 3 (8) (7) Life expectancy Increase in longevity by one additional year 593 915 65 184 39 56 1 The sensitivity analyses are based on a change in one assumption while increase was 0 % as of 31 December 2022 assumption is not applicable. Fair value of plan assets The tables below provide Composition and fair value Swiss pension plan 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 326 0 326 1 187 0 187 1 Real estate / property Domestic 0 3,783 3,783 13 0 3,530 3,530 10 Foreign 0 919 919 3 0 580 580 2 Investment funds Equity Domestic 743 0 743 2 843 0 843 2 Foreign 4,964 2,171 7,134 24 6,213 2,652 8,865 26 Bonds 1 Domestic, AAA to BBB– 3,760 0 3,760 12 4,446 0 4,446 13 Foreign, AAA 6,031 0 6,031 20 5,093 0 5,093 15 Foreign, below BBB– 1,062 0 1,062 4 1,314 0 1,314 4 Other 1,540 3,547 5,086 17 4,211 3,558 7,769 23 Other investments 624 651 1,275 4 668 682 1,349 4 Total fair value of plan 19,049 11,071 30,119 100 22,973 11,002 33,975 100 31.12.22 31.12.21 Total fair value of plan 30,119 33,975 of which: 2 Bank accounts at UBS 337 194 UBS debt instruments 50 28 UBS shares 27 25 Securities lent to UBS 3 871 1,079 Property occupied by UBS 90 93 Derivative financial instruments, counterparty 3 76 128 1 The bond credit from other rating positions disclosed in the table encompass both financial instruments amounted to negative USD 8 m as of 31 December 2022 43 m). Composition and fair value UK pension plan 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 104 0 104 4 147 0 147 3 Bonds 1 Domestic, AAA to BBB– 1,729 0 1,729 69 2,605 0 2,605 61 Foreign, AAA 297 0 297 12 372 0 372 9 Foreign, below BBB– 7 0 7 0 4 0 4 0 Investment funds Equity Domestic 19 3 22 1 44 4 47 1 Foreign 366 0 366 15 921 0 921 21 Bonds 1 Domestic, AAA to BBB– 367 90 457 18 532 147 679 16 Domestic, below BBB– 1 0 1 0 12 0 12 0 Foreign, AAA 90 0 90 4 179 0 179 4 Foreign, below BBB– 114 0 114 5 115 0 115 3 Real estate Domestic 64 0 64 3 110 12 122 3 Foreign 6 31 36 1 6 34 40 1 Other (280) 0 (280) (11) (313) 0 (313) (7) Repurchase agreements (612) 0 (612) (25) (725) 0 (725) (17) Other investments 66 27 94 4 65 26 91 2 Total fair value of plan 2,336 151 2,488 100 4,074 223 4,297 100 1 The bond credit from other rating agencies were US and German pension 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 7 0 7 1 11 0 11 1 Equity Domestic 55 0 55 5 79 0 79 6 Foreign 24 0 24 2 31 0 31 2 Bonds 1 Domestic, AAA to BBB– 359 0 359 35 486 0 486 37 Domestic, below BBB– 4 0 4 0 17 0 17 1 Foreign, AAA 74 0 74 7 97 0 97 7 Foreign, below BBB– 3 0 3 0 6 0 6 0 Investment funds Equity Domestic 27 0 27 3 3 0 3 0 Foreign 33 0 33 3 56 0 56 4 Bonds 1 Domestic, AAA to BBB– 266 0 266 26 269 0 269 20 Domestic, below BBB– 109 0 109 10 147 0 147 11 Foreign, AAA 2 0 2 0 11 0 11 1 Foreign, below BBB– 5 0 5 0 2 0 2 0 Real estate Domestic 0 11 11 1 0 9 9 1 Other 54 0 54 5 99 0 99 7 Other investments 5 1 6 1 5 1 6 0 Total fair value of plan 1,027 12 1,039 100 1,319 10 1,329 100 1 The bond credit from other rating agencies were b) Defined contribution plans UBS obligation is limited to its contributions matching USD 357 m in 2022, USD 363 m in 2021 and USD 343 m in 2020. › Refer to Note 6 for c) Related-party disclosure UBS engaged trading, securities similar banking 36 m in fees for post-employment benefit 39 m). As held USD 265 m in UBS shares (31 December 2021: 252 m). › Refer to the “Composition UBS instruments |
UBS AG | |
Entity [Table] | |
Post-employment benefit plans [text block] | Note 26 a) Defined benefit plans UBS AG has and practices. on the specific plan rules. Swiss pension plan The Swiss having close economic or financial ties with UBS Group AG, and exceeds the minimum benefit requirements under Swiss pension law. which covering Solutions AG both are UBS Business Solutions AG apply proportionate defined benefit asset / liability based offers retirement, this board are defined Savings contributions to the Swiss UBS 6.5 % and 27.5 % of 2.8 % and 9 % of contributory variable and survivor benefits. Employees 2.5 % and 13.5 % of contributory base salary and 0 % and 9 % of contributory age and choice of savings contribution The plan offers to members at the 65 lump sum 58 , but can continue 70 . Employees have make additional purchases of benefits The pension the transferred been credited to participants is determined by Although defined accrue interest on the participants’ An actuarial valuation in accordance with Swiss this basis occur, the Pension Foundation Board is be 10 underfunded situation, the risk is 50 % of the accordance with Swiss pension 119.0 % (31 December 2021: 134.8 %). The investment strategy to diversification of plan assets, and is of regularly performed asset and liability management analyses. The Pension Foundation Board strives long-term balance between assets and As of the 4,418 m 3,716 m). However, economic benefit, the present value of the the estimated future economic benefit sheet. Changes to the Swiss pension The support conversion rate and increased the normal retirement age were not affected. To mitigate the CHF 390 m (USD 421 m) in three 143 m, USD 152 m and USD 126 m paid in 2020, 2021 and 2022 reduced other comprehensive income with no effect on the income statement. The regular employer contributions 275 m. UK pension plan The inflation, 60 . The guaranteed lifetime more than employees participate in the UK defined The contributions to of the most recent actuarial valuation of underfunding, UBS AG and the Pension Trustee In 2022, UBS AG 5 m to the contributions. The plan insurance company. These swaps which should had a negative value of USD 1 m (31 December 2021: negative USD 3 m). In 2019, UBS AG to 292 m (31 December 2021: USD 337 m) and includes assets. The arrangement provides the Pension Trustee insolvency or not paying a required The employer 18 m, subject regular funding reviews during US pension plans There are two distinct 65 . Both plans new entrants more than One of the defined benefit plans is a contribution a retirement linked to accrue based on the have the option of taking As required the governance of the plans. The plan assets for the investment decisions with The employer contributions to 11 m. German pension plans There are two unfunded defined benefit plans in Germany. The normal retirement age is 65 by UBS AG. In the larger The accumulated account 5 %. The plan has accrue compensation. For this plan, the rate of 6 % for amounts accrued before 2010, of 4 % for amounts accrued from 2010 to 2017 and of 0.9 % for amounts accrued after when they are due resides entirely with UBS AG. A portion of the inflation. In June investment returns 0 %. The June 2018 and for all eligible of salary in a retirement savings account The employer contributions to 12 m. Financial information by plan The tables defined benefit plans, as well as Other comprehensive incom e. Defined benefit plans USD m Swiss pension plan UK pension plan US and German pension plans Total 2022 2021 2022 2021 2022 2021 2022 2021 Defined benefit obligation at the beginning of the year 15,480 15,619 4,105 4,162 1,740 1,905 21,324 21,686 Current service cost 240 285 0 0 5 6 244 291 Interest expense 195 33 67 58 35 30 297 122 Plan participant contributions 154 161 0 0 0 0 154 161 Remeasurements (2,424) 490 (1,474) 71 (267) (62) (4,165) 498 of which: actuarial (gains) / losses due to changes in demographic 2 26 (6) 14 1 4 (3) 45 of which: actuarial (gains) / losses due to changes in financial (2,653) (385) (1,575) (3) (279) (78) (4,506) (466) of which: experience (gains) / losses 1 226 848 107 59 11 12 344 919 Past service cost related to plan amendments 0 0 0 0 0 4 0 4 Curtailments (13) (49) 0 0 0 0 (13) (49) Benefit payments (796) (602) (123) (148) (111) (112) (1,030) (862) Other movements (5) 0 0 0 0 1 (5) 1 Foreign currency translation (291) (456) (408) (38) (28) (33) (727) (527) Defined benefit obligation at the 12,539 15,480 2,166 4,105 1,375 1,740 16,080 21,324 of which: amounts owed to active members 7,103 8,604 65 150 169 222 7,336 8,976 of which: amounts owed to deferred members 0 0 656 1,593 528 669 1,184 2,262 of which: amounts owed to retirees 5,436 6,876 1,445 2,362 678 849 7,560 10,086 of which: funded plans 12,539 15,480 2,166 4,105 1,011 1,222 15,717 20,806 of which: unfunded plans 0 0 0 0 363 518 363 518 Fair value of plan assets at the beginning 19,196 18,358 4,297 4,149 1,329 1,360 24,821 23,867 Return on plan assets excluding interest income (1,942) 1,319 (1,312) 277 (223) 40 (3,476) 1,637 Interest income 274 42 70 58 31 26 376 127 Employer contributions 401 450 5 0 16 16 422 466 Plan participant contributions 154 161 0 0 0 0 154 161 Benefit payments (796) (602) (123) (148) (111) (112) (1,030) (862) Administration expenses, taxes and premiums paid (7) (8) 0 0 (3) (4) (11) (11) Other movements (1) 0 0 0 0 1 (1) 1 Foreign currency translation (322) (524) (450) (39) 0 0 (772) (563) Fair value of plan assets 16,957 19,196 2,488 4,297 1,039 1,329 20,484 24,821 Surplus / (deficit) 4,418 3,716 321 192 (335) (411) 4,404 3,497 Asset ceiling effect at the beginning of the year 3,716 2,739 0 0 0 0 3,716 2,739 Interest expense on asset ceiling effect 77 8 0 0 0 0 77 8 Asset ceiling effect excluding interest expense and foreign asset ceiling effect 656 1,037 0 0 0 0 656 1,037 Foreign currency translation (31) (68) 0 0 0 0 (31) (68) Asset ceiling effect at the end of the year 4,418 3,716 0 0 0 0 4,418 3,716 Net defined benefit asset / (liability) of 0 0 321 192 (335) (411) (14) (219) Net defined benefit asset / (liability) of remaining (80) (96) Total net defined benefit (94) (315) of which: Net defined benefit asset 355 302 of which: Net defined benefit liability 2 (449) (617) 1 Experience (gains) occurred. Income statement – expenses related 1 USD m Swiss pension plan UK pension plan US and German pension plans Total For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Current service cost 240 285 0 0 5 6 244 291 Interest expense related to defined benefit obligation 195 33 67 58 35 30 297 122 Interest income related to plan assets (274) (42) (70) (58) (31) (26) (376) (127) Interest expense on asset ceiling effect 77 8 0 0 0 0 77 8 Administration expenses, taxes and premiums paid 7 8 0 0 3 4 11 11 Past service cost related to plan amendments 0 0 0 0 0 4 0 4 Curtailments (13) (49) 0 0 0 0 (13) (49) Net periodic expenses recognized in net 230 243 (3) 0 12 18 239 261 Net periodic expenses recognized in net 2 17 19 Total net periodic 256 280 1 Refer to Note 6. Other comprehensive income – gains / USD m Swiss pension plan UK pension plan US and German pension plans Total For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Remeasurement of defined benefit obligation 2,424 (490) 1,474 (71) 267 62 4,165 (498) of which: change in discount rate assumption 3,078 494 1,451 319 317 77 4,846 890 of which: change in rate of pension increase 0 0 123 (316) (5) (1) 118 (318) of which: change in rate of interest credit on (408) (110) 0 0 (82) (1) (490) (110) of which: change in life expectancy 0 0 5 9 (1) (3) 4 5 of which: change in other actuarial assumptions (19) (26) 1 (23) 48 2 30 (47) of which: experience gains / (losses) 1 (226) (848) (107) (59) (11) (12) (344) (919) Return on plan assets excluding interest income (1,942) 1,319 (1,312) 277 (223) 40 (3,476) 1,637 Asset ceiling effect excluding interest expense and foreign (656) (1,037) 0 0 0 0 (656) (1,037) Total gains / (losses) recognized (173) (207) 162 207 43 102 32 102 Total gains / (losses) recognized 8 31 Total gains / (losses) recognized 2 40 133 1 Experience occurred. The table below provides Swiss pension plan UK pension plan US and German pension plans 1 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Duration of the defined benefit 13.4 15.5 13.7 18.8 7.9 9.5 Maturity analysis of benefits expected USD m Benefits expected to be paid within 12 months 702 719 107 110 123 123 Benefits expected to be paid between 1,445 1,440 234 248 232 237 Benefits expected to be paid between 2,183 2,097 384 418 335 338 Benefits expected to be paid between 3,751 3,467 667 743 502 495 Benefits expected to be paid between 3,519 3,156 667 751 388 392 Benefits expected to be paid in more than 16 years 13,243 10,733 2,570 3,028 516 519 1 The duration of the Actuarial assumptions The jurisdiction discount rate. The di currency of assumptions used in › Refer to Note 1a The tables below show Significant actuarial assumptions Swiss pension plan UK pension plan US pension plans German pension plans In % 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Discount rate 2.34 0.34 5.02 1.82 4.92 1 2.47 1 3.81 0.99 Rate of pension increase 0.00 0.00 3.08 3.32 0.00 0.00 2.20 1.80 Rate of interest credit on retirement savings 3.39 1.04 0.00 0.00 5.73 2 1.18 2 0.00 0.00 1 Represents weighted average Mortality tables and life expectancies Life expectancy at age 65 for a male member currently aged 65 aged 45 Country Mortality table 31.12.22 31.12.21 31.12.22 31.12.21 Switzerland BVG 2020 G with CMI 2021 projections 1 21.7 21.7 23.4 23.3 UK S3PA with CMI 2021 projections 2 23.5 23.4 24.6 24.5 USA Pri-2012 with MP-2021 projection scale 22.0 21.9 23.3 23.3 Germany Dr. K. Heubeck 20.6 20.5 23.4 23.2 Life expectancy at age 65 for a female member currently aged 65 aged 45 Country Mortality table 31.12.22 31.12.21 31.12.22 31.12.21 Switzerland BVG 2020 G with CMI 2021 projections 1 23.5 23.4 25.1 25.0 UK S3PA with CMI 2021 projections 2 25.0 24.9 26.4 26.3 USA Pri-2012 with MP-2021 projection scale 23.4 23.3 24.8 24.7 Germany Dr. K. Heubeck 24.0 23.9 26.3 26.1 1 In 2021, BVG 2020 G with Sensitivity analysis of significant actuarial The table have been date. deemed sensitivities may not be linear. Sensitivity analysis of significant actuarial 1 Increase / (decrease) in defined benefit obligation Swiss pension plan UK pension plan US and German pension plans USD m 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Discount rate Increase by 50 basis points (641) (975) (141) (361) (51) (78) Decrease by 50 basis points 723 1,116 157 411 55 84 Rate of pension increase Increase by 50 basis points 487 749 127 334 4 6 Decrease by 50 basis points – 2 – 2 (118) (306) (3) (6) Rate of interest credit on retirement Increase by 50 basis points 106 134 – 3 – 3 9 8 Decrease by 50 basis points (106) (134) – 3 – 3 (8) (7) Life expectancy Increase in longevity by one additional year 304 475 65 184 39 56 1 The sensitivity analyses are based on a change in one assumption while increase was 0 % as of 31 December 2022 assumption is not applicable. Fair value of plan assets The tables below provide Composition and fair value Swiss pension plan 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 183 0 183 1 106 0 106 1 Real estate / property Domestic 0 2,130 2,130 13 0 1,994 1,994 10 Foreign 0 517 517 3 0 328 328 2 Investment funds Equity Domestic 418 0 418 2 476 0 476 2 Foreign 2,794 1,222 4,017 24 3,510 1,498 5,009 26 Bonds 1 Domestic, AAA to BBB– 2,117 0 2,117 12 2,512 0 2,512 13 Foreign, AAA 3,395 0 3,395 20 2,877 0 2,877 15 Foreign, below BBB– 598 0 598 4 742 0 742 4 Other 867 1,997 2,864 17 2,379 2,010 4,389 23 Other investments 351 367 718 4 377 385 762 4 Total fair value of plan 10,724 6,233 16,957 100 12,980 6,216 19,196 100 31.12.22 31.12.21 Total fair value of plan 16,957 19,196 of which: 2 Bank accounts at UBS AG 189 109 UBS AG debt instruments 28 16 UBS Group AG shares 15 14 Securities lent to UBS AG 3 489 608 Property occupied by UBS 51 52 Derivative financial instruments, counterparty 3 43 72 1 The bond credit ratings from other rating agencies were positions disclosed 3 Securities lent to UBS of collateral, derivative financial 5 m as of 31 December 2022 24 m). Composition and fair value UK pension plan 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 104 0 104 4 147 0 147 3 Bonds 1 Domestic, AAA to BBB– 1,729 0 1,729 69 2,605 0 2,605 61 Foreign, AAA 297 0 297 12 372 0 372 9 Foreign, below BBB– 7 0 7 0 4 0 4 0 Investment funds Equity Domestic 19 3 22 1 44 4 47 1 Foreign 366 0 366 15 921 0 921 21 Bonds 1 Domestic, AAA to BBB– 367 90 457 18 532 147 679 16 Domestic, below BBB– 1 0 1 0 12 0 12 0 Foreign, AAA 90 0 90 4 179 0 179 4 Foreign, below BBB– 114 0 114 5 115 0 115 3 Real estate Domestic 64 0 64 3 110 12 122 3 Foreign 6 31 36 1 6 34 40 1 Other (280) 0 (280) (11) (313) 0 (313) (7) Repurchase agreements (612) 0 (612) (25) (725) 0 (725) (17) Other investments 66 27 94 4 65 26 91 2 Total fair value of plan 2,336 151 2,488 100 4,074 223 4,297 100 1 The bond credit ratings from other rating agencies were US and German pension 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 7 0 7 1 11 0 11 1 Equity Domestic 55 0 55 5 79 0 79 6 Foreign 24 0 24 2 31 0 31 2 Bonds 1 Domestic, AAA to BBB– 359 0 359 35 486 0 486 37 Domestic, below BBB– 4 0 4 0 17 0 17 1 Foreign, AAA 74 0 74 7 97 0 97 7 Foreign, below BBB– 3 0 3 0 6 0 6 0 Investment funds Equity Domestic 27 0 27 3 3 0 3 0 Foreign 33 0 33 3 56 0 56 4 Bonds 1 Domestic, AAA to BBB– 266 0 266 26 269 0 269 20 Domestic, below BBB– 109 0 109 10 147 0 147 11 Foreign, AAA 2 0 2 0 11 0 11 1 Foreign, below BBB– 5 0 5 0 2 0 2 0 Real estate Domestic 0 11 11 1 0 9 9 1 Other 54 0 54 5 99 0 99 7 Other investments 5 1 6 1 5 1 6 0 Total fair value of plan 1,027 12 1,039 100 1,319 10 1,329 100 1 The bond credit ratings from other rating agencies were b) Defined contribution plans UBS AG’s obligation is limited to its contributions made in accordance with each plan, which may include direct contributions and were USD 299 m in 2022, USD 303 m in 2021 and USD 291 m in 2020. › Refer to Note 6 for c) Related-party disclosure UBS AG is the principal provider of banking services for the pension fund AG is engaged to execute to, trading, have a similar 20 m in fees from the major post-employment benefit plans (2021: USD 22 m). As of 31 December 2022, the major benefit plans held USD 253 m in UBS Group AG shares 241 m). › Refer to the “Composition UBS AG and UBS |
Employee benefits_ variable com
Employee benefits: variable compensation | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Employee benefits: variable compensation [text block] | Note 27 a) Plans offered The Group Board (GEB) members and Share-based paid in permitted Deferred employment with UBS. These compensation plans are also designed to meet regulatory requirements and include special provisions for regulated employees. The most › Refer to Note Mandatory deferred compensation plans Long-Term Incentive Plan The Long-Term performance year 2022. and selected senior management). The number of notional year performance compares Important three period for selected senior management Equity Ownership Plan / Fund The Equity Ownership Plan are subject to deferral requirements. Certain Asset Management Plan or FOP, delivered depends on the Deferred Contingent Capital Plan The deferral requirements. discretion of UBS, can be settled in cash or a perpetual, notional forfeited if a viability the risk of the public capital ratio falls below a 20 % of DCCP awards for each year during the vesting period. Financial advisor variable In line with market practice for US wealth management businesses, Wealth Management approach based on production. Cash Compensable production is generally based adjustments. The percentage rate generally Financial period. The annual deferred Cash compensation carelessness, or failure to comply with the firm’s rules, standards, regulations. Financial advisors supporting the transition of client relationships where appropriate. related to compensation commitments with vesting requirements. Share delivery obligations Share delivery obligations related to 178 m shares as of 31 December 2022 (31 December 2021: 175 m shares). Share delivery obligations are calculated on the share awards, taking As of 31 December 2022, UBS held 119 m treasury shares (31 December 2021: 149 m) that delivery obligations. b) Effect on the income statement Effect on the income statement for the The table recognized in the financial year ended 31 December 2022, as well as in the income statement for 2023 2022 performance unvested average period of 2.5 Variable compensation Expenses recognized in 2022 Expenses deferred to 2023 and later 1 USD m Related to the 2022 performance year Related to prior performance years Total Related to the 2022 performance year Related to prior performance years Total Non-deferred cash 2,276 (16) 2,260 0 0 0 Deferred compensation awards 364 581 945 605 754 1,359 of which: Equity Ownership Plan 202 235 437 310 250 560 of which: Deferred Contingent Capital Plan 129 219 349 245 408 654 of which: Long-Term Incentive 11 32 43 30 42 71 of which: Fund Ownership Plan 21 95 116 20 54 74 Variable compensation – 2,640 566 3,205 605 754 1,359 Variable compensation – 2 3,799 709 4,508 1,290 2,652 3,942 of which: non-deferred cash 3,481 0 3,481 0 0 0 of which: deferred share-based awards 104 62 166 122 180 302 of which: deferred cash-based awards 185 215 400 588 636 1,224 of which: compensation commitments with recruited 29 432 461 580 1,836 2,416 Variable compensation – 3 169 71 241 237 193 430 Total variable compensation 6,608 1,346 7,954 4 2,131 3,599 5,731 1 Estimate as awards and is based on compensable revenues and firm tenure using a formulaic approach. It also includes expenses related to compensation commitments with financial advisors entered into at the time of recruitment that are subject to vesting requirements. 4 Includes USD 703 m in expenses related to 480 m; other variable compensation: 56 m; financial advisor compensation: 166 m). A further USD 88 m in expenses related 4 m, related to 61 m; other expenses: USD 23 m related to the Equity 716 m. Variable compensation Expenses recognized in 2021 Expenses deferred to 2022 and later 1 USD m Related to the 2021 performance year Related to prior performance years Total Related to the 2021 performance year Related to prior performance years Total Non-deferred cash 2,383 (10) 2,373 0 0 0 Deferred compensation awards 405 412 817 797 624 1,421 of which: Equity Ownership Plan 183 180 363 393 184 577 of which: Deferred Contingent Capital Plan 140 158 297 299 329 628 of which: Long-Term Incentive 54 19 73 50 33 83 of which: Fund Ownership Plan 29 56 84 56 78 133 Variable compensation – 2,788 402 3,190 797 624 1,421 Variable compensation – 2 4,175 685 4,860 1,097 2,323 3,419 of which: non-deferred cash 3,858 (6) 3,853 0 0 0 of which: deferred share-based awards 106 51 157 123 146 269 of which: deferred cash-based awards 170 202 372 311 495 806 of which: compensation commitments with recruited 41 438 479 662 1,682 2,344 Variable compensation – 3 191 38 229 215 182 397 Total variable compensation 7,155 1,125 8,280 4 2,109 3,129 5,238 1 Estimate as compensable revenues and vesting requirements. USD 651 m in expenses related 435 m; other variable 59 m; financial advisor compensation: 157 m). A further USD 85 m in expenses related to 5 m related 64 m; other USD 16 m related to the Equity Plus 641 m. Variable compensation Expenses recognized in 2020 Expenses deferred to 2021 and later 1 USD m Related to the 2020 performance year Related to prior performance years Total Related to the 2020 performance year Related to prior performance years Total Non-deferred cash 2,167 (26) 2,141 0 0 0 Deferred compensation awards 341 727 1,068 756 288 1,044 of which: Equity Ownership Plan 137 327 463 306 69 376 of which: Deferred Contingent Capital Plan 112 351 463 280 196 476 of which: Long-Term Incentive 42 11 54 50 10 61 of which: Fund Ownership Plan 49 39 88 120 12 132 Variable compensation – 2,508 701 3,209 756 288 1,044 Variable compensation – 2 3,378 713 4,091 822 2,284 3,106 of which: non-deferred cash 3,154 0 3,154 0 0 0 of which: deferred share-based awards 69 50 119 79 135 214 of which: deferred cash-based awards 133 183 316 271 467 738 of which: compensation commitments with recruited 22 480 502 473 1,682 2,155 Variable compensation – 3 126 94 220 181 192 374 Total variable compensation 6,012 1,508 7,520 4 1,760 2,764 4,524 1 Estimate as compensable revenues and vesting requirements. USD 686 m in expenses related to 517 m; other variable compensation: 50 m; financial advisor compensation: 119 m). A further USD 100 m in expenses related to share-based 4 m related to 54 m; other USD 42 m related to the Equity Plus 691 m. c) Outstanding share-based compensation Share and performance share Movements in outstanding share-based Movements in outstanding Number of shares 2022 Weighted average grant date fair value (USD) Number of shares 2021 Weighted average grant date fair value (USD) Outstanding, at the beginning of the 180,578,561 13 174,900,395 12 Awarded during the year 62,203,770 18 68,721,549 15 Distributed during the year (54,639,882) 12 (52,137,287) 13 Forfeited during the (6,235,249) 15 (10,906,096) 13 Outstanding, at the end of the year 181,907,200 15 180,578,561 13 of which: shares vested for accounting purposes 102,364,973 107,828,979 The 31 December 2021 43 m and USD 37 m, respectively. d) Valuation UBS share awards UBS measures compensation the SIX market conditions, where is discounted at-the-money European without between the grant date and |
UBS AG | |
Entity [Table] | |
Employee benefits: variable compensation [text block] | Note 27 a) Plans offered UBS (GEB) members and other employees with Share-based paid in permitted Deferred employment with UBS. These compensation plans are also designed to meet regulatory requirements and include special provisions employees of UBS Group AG to UBS AG. For the The most › Refer to Note Mandatory deferred compensation plans Long-Term Incentive Plan The Long-Term performance year 2022. For prior performance years, LTIP was granted to senior leaders of the and selected senior management). The number of notional year performance compares Important three period for selected senior management Equity Ownership Plan / Fund The Equity Ownership Plan are subject to deferral requirements. Certain Asset Management Plan or FOP, delivered depends on the Deferred Contingent Ca The deferral requirements. discretion of UBS, can be settled in cash or a perpetual, notional forfeited if a viability the risk of the public capital ratio falls below a 20 % of DCCP awards for each year during the vesting period. Financial advisor variable In line with market practice for US wealth management businesses, Wealth Management approach based on production. Cash Compensable production is generally based adjustments. The percentage rate generally Financial period. The annual deferred compensa Cash compensation carelessness, or failure to comply with the firm’s rules, standards, regulations. Financial advisors supporting the transition of client relationships where appropriate. related to compensation commitments with vesting requirements. b) Effect on the income statement Effect on the income statement for the The table recognized in the financial year ended 31 December 2022, as well as in the income statement for 2023 2022 performance unvested average period of 2.5 Variable compensation Expenses recognized in 2022 Expenses deferred to 2023 and later 1 USD m Related to the 2022 performance year Related to prior performance years Total Related to the 2022 performance year Related to prior performance years Total Non-deferred cash 2,012 (9) 2,003 0 0 0 Deferred compensation awards 346 561 907 582 730 1,312 of which: Equity Ownership Plan 191 225 416 294 240 534 of which: Deferred Contingent Capital Plan 123 211 334 238 395 634 of which: Long-Term Incentive 11 30 41 30 40 70 of which: Fund Ownership Plan 21 95 116 20 54 74 Variable compensation – 2,358 552 2,910 582 730 1,312 Variable compensation – 2 3,799 709 4,508 1,290 2,652 3,942 of which: non-deferred cash 3,481 0 3,481 0 0 0 of which: deferred share-based awards 104 62 166 122 180 302 of which: deferred cash-based awards 185 215 400 588 636 1,224 of which: compensation commitments with recruited 29 432 461 580 1,836 2,416 Variable compensation – 3 146 72 217 230 189 419 Total variable compensation 6,304 1,332 7,636 4 2,101 3,571 5,672 1 Estimate as awards and is based on compensable revenues and firm tenure using a formulaic approach. It also includes expenses related to compensation commitments with financial advisors entered into at the time of recruitment that are subject to vesting requirements. 4 Includes USD 680 m in expenses related to 457 m; other variable compensation: 56 m; financial advisor compensation: 166 m). A further USD 80 m in expenses related 4 m, related to 57 m; other expenses: USD 19 m related to the Equity Variable compensation Expenses recognized in 2021 Expenses deferred to 2022 and later 1 USD m Related to the 2021 performance year Related to prior performance years Total Related to the 2021 performance year Related to prior performance years Total Non-deferred cash 2,136 (8) 2,128 0 0 0 Deferred compensation awards 389 399 788 767 606 1,373 of which: Equity Ownership Plan 175 174 350 374 180 553 of which: Deferred Contingent Capital Plan 134 151 285 290 318 608 of which: Long-Term Incentive 51 17 69 48 32 79 of which: Fund Ownership Plan 29 55 84 56 77 133 Variable compensation – 2,525 391 2,916 767 606 1,373 Variable compensation – 2 4,175 685 4,860 1,097 2,323 3,419 of which: non-deferred cash 3,858 (6) 3,853 0 0 0 of which: deferred share-based awards 106 51 157 123 146 269 of which: deferred cash-based awards 170 202 372 311 495 806 of which: compensation commitments with recruited 41 438 479 662 1,682 2,344 Variable compensation – 3 163 33 196 210 178 388 Total variable compensation 6,863 1,109 7,973 4 2,074 3,107 5,181 1 Estimate as compensable revenues and vesting requirements. USD 631 m in expenses related 419 m; other variable 56 m; financial advisor compensation: 157 m). A further USD 77 m in expenses related to share-based 5 m related to 59 m; other USD 13 m related to the Equity Plus Variable compensation Expenses recognized in 2020 Expenses deferred to 2021 and later 1 USD m Related to the 2020 performance year Related to prior performance years Total Related to the 2020 performance year Related to prior performance years Total Non-deferred cash 1,948 (29) 1,920 0 0 0 Deferred compensation awards 329 704 1,034 734 277 1,011 of which: Equity Ownership Plan 131 315 446 298 67 365 of which: Deferred Contingent Capital Plan 108 339 448 271 189 459 of which: Long-Term Incentive 41 11 52 46 9 55 of which: Fund Ownership Plan 49 39 88 120 12 132 Variable compensation – 2,278 675 2,953 734 277 1,011 Variable compensation – 2 3,378 713 4,091 822 2,284 3,106 of which: non-deferred cash 3,154 0 3,154 0 0 0 of which: deferred share-based awards 69 50 119 79 135 214 of which: deferred cash-based awards 133 183 316 271 467 738 of which: compensation commitments with recruited 22 480 502 473 1,682 2,155 Variable compensation – 3 109 92 201 176 189 364 Total variable compensation 5,765 1,481 7,246 4 1,732 2,749 4,481 1 Estimate as compensable revenues and vesting requirements. USD 666 m in expenses related 498 m; other variable 49 m; financial advisor compensation: 119 m). A further USD 88 m in expenses related to share-based 4 m related to 51 m; other USD 34 m related to the Equity Plus c) Outstanding share-based compensation Share and performance share Movements in outstanding 2021 are provided Movements in outstanding Number of shares 2022 Weighted average grant date fair value (USD) Number of shares 2021 Weighted average grant date fair value (USD) Outstanding, at the beginning of the 295,921 15 54,557 13 Awarded during the year 358,424 19 278,756 15 Distributed during the year (37,994) 14 (24,176) 13 Forfeited during the (1,923) 15 (13,215) 15 Outstanding, at the end of the year 614,428 17 295,921 15 of which: shares vested for accounting purposes 174,329 116,775 The 31 December 2021 7 m and USD 3 m, respectively. d) Valuation UBS share awards UBS measures compensation the SIX market conditions, where is discounted at-the-money European without between the grant date and |
Interests in subsidiaries
Interests in subsidiaries | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Interests In Subsidiaries Explanatory | Note 28 a) Interests in subsidiaries UBS defines its significant subsidiaries as those entities that, either individually or in aggregate, contribute significantly to the Group’s and IFRS 12, Swiss regulations Individually significant subsidiaries The stated, the subsidiaries listed below have share the proportion of ownership The through including in the UK, the US, Singapore, the Hong Kong in currency of the legally registered Individually significant subsidiaries Company Registered office Share capital in million Equity interest accumulated in % UBS AG Zurich and Basel, Switzerland CHF 385.8 100.0 UBS Business Solutions AG 1 Zurich, Switzerland CHF 1.0 100.0 1 UBS Business Solutions AG Individually significant subsidiaries 1 Company Registered office Primary business Share capital in million Equity interest accumulated in % UBS Americas Holding LLC Wilmington, Delaware, USA Group Functions USD 5,150.0 2 100.0 UBS Americas Inc. Wilmington, Delaware, USA Group Functions USD 0.0 100.0 UBS Asset Management AG Zurich, Switzerland Asset Management CHF 43.2 100.0 UBS Bank USA Salt Lake City, Utah, USA Global Wealth Management USD 0.0 100.0 UBS Europe SE Frankfurt, Germany Global Wealth Management EUR 446.0 100.0 UBS Financial Services Inc. Wilmington, Delaware, USA Global Wealth Management USD 0.0 100.0 UBS Securities LLC Wilmington, Delaware, USA Investment Bank USD 1,283.1 3 100.0 UBS Switzerland AG Zurich, Switzerland Personal & Corporate Banking CHF 10.0 100.0 1 Includes direct 1,000 5,150,000,000 . USD 100,000 1,283,000,000 . Other subsidiaries The table below to requirements set by the SEC. Other subsidiaries of UBS AG as of 31 December Company Registered office Primary business Share capital in million Equity interest accumulated in % UBS Asset Management (Americas) Inc. Wilmington, Delaware, USA Asset Management USD 0.0 100.0 UBS Asset Management (Hong Kong) Limited Hong Kong SAR, China Asset Management HKD 153.8 100.0 UBS Asset Management Life Ltd London, United Kingdom Asset Management GBP 15.0 100.0 UBS Asset Management Switzerland AG Zurich, Switzerland Asset Management CHF 0.5 100.0 UBS Business Solutions US LLC Wilmington, Delaware, USA Group Functions USD 0.0 100.0 UBS Credit Corp. Wilmington, Delaware, USA Global Wealth Management USD 0.0 100.0 UBS (France) S.A. Paris, France Global Wealth Management EUR 197.0 100.0 UBS Fund Management (Luxembourg) S.A. Luxembourg, Luxembourg Asset Management EUR 13.0 100.0 UBS Fund Management (Switzerland) AG Basel, Switzerland Asset Management CHF 1.0 100.0 UBS (Monaco) S.A. Monte Carlo, Monaco Global Wealth Management EUR 49.2 100.0 UBS O‘Connor LLC Wilmington, Delaware, USA Asset Management USD 1.0 100.0 UBS Realty Investors LLC Boston, Massachusetts, USA Asset Management USD 9.0 100.0 UBS Securities Australia Ltd Sydney, Australia Investment Bank AUD 0.3 1 100.0 UBS Securities Hong Kong Limited Hong Kong SAR, China Investment Bank HKD 3,354.2 100.0 UBS Securities Japan Co., Ltd. Tokyo, Japan Investment Bank JPY 34,708.7 100.0 UBS SuMi TRUST Wealth Management Co., Ltd. Tokyo, Japan Global Wealth Management JPY 5,165.0 51.0 1 Includes a nominal amount relating Consolidated structured entities Consolidated vehicles. UBS has no individually significant In financial consolidated SE when so in the future. Further SE that resulted in the Group |
UBS AG | |
Entity [Table] | |
Disclosure Of Interests In Subsidiaries Explanatory | Note 28 a) Interests in subsidiaries UBS AG defines its to UBS and IFRS 12, Swiss regulations Individually significant subsidiaries The table below lists UBS AG’s individually significant subsidiaries listed below have share capital of ownership interest held The through including in the UK, the US, Singapore, the Hong Kong in currency of the legally registered Individually significant subsidiaries 1 Company Registered office Primary business Share capital in million Equity interest accumulated in % UBS Americas Holding LLC Wilmington, Delaware, USA Group Functions USD 5,150.0 2 100.0 UBS Americas Inc. Wilmington, Delaware, USA Group Functions USD 0.0 100.0 UBS Asset Management AG Zurich, Switzerland Asset Management CHF 43.2 100.0 UBS Bank USA Salt Lake City, Utah, USA Global Wealth Management USD 0.0 100.0 UBS Europe SE Frankfurt, Germany Global Wealth Management EUR 446.0 100.0 UBS Financial Services Inc. Wilmington, Delaware, USA Global Wealth Management USD 0.0 100.0 UBS Securities LLC Wilmington, Delaware, USA Investment Bank USD 1,283.1 3 100.0 UBS Switzerland AG Zurich, Switzerland Personal & Corporate Banking CHF 10.0 100.0 1 Includes direct 1,000 5,150,000,000 . USD 100,000 1,283,000,000 . Other subsidiaries The table below to requirements set by the SEC. Other subsidiaries of UBS AG as of 31 December Company Registered office Primary business Share capital in million Equity interest accumulated in % UBS Asset Management (Americas) Inc. Wilmington, Delaware, USA Asset Management USD 0.0 100.0 UBS Asset Management (Hong Kong) Limited Hong Kong SAR, China Asset Management HKD 153.8 100.0 UBS Asset Management Life Ltd London, United Kingdom Asset Management GBP 15.0 100.0 UBS Asset Management Switzerland AG Zurich, Switzerland Asset Management CHF 0.5 100.0 UBS Business Solutions US LLC Wilmington, Delaware, USA Group Functions USD 0.0 100.0 UBS Credit Corp. Wilmington, Delaware, USA Global Wealth Management USD 0.0 100.0 UBS (France) S.A. Paris, France Global Wealth Management EUR 197.0 100.0 UBS Fund Management (Luxembourg) S.A. Luxembourg, Luxembourg Asset Management EUR 13.0 100.0 UBS Fund Management (Switzerland) AG Basel, Switzerland Asset Management CHF 1.0 100.0 UBS (Monaco) S.A. Monte Carlo, Monaco Global Wealth Management EUR 49.2 100.0 UBS O‘Connor LLC Wilmington, Delaware, USA Asset Management USD 1.0 100.0 UBS Realty Investors LLC Boston, Massachusetts, USA Asset Management USD 9.0 100.0 UBS Securities Australia Ltd Sydney, Australia Investment Bank AUD 0.3 1 100.0 UBS Securities Hong Kong Limited Hong Kong SAR, China Investment Bank HKD 3,354.2 100.0 UBS Securities Japan Co., Ltd. Tokyo, Japan Investment Bank JPY 34,708.7 100.0 UBS SuMi TRUST Wealth Management Co., Ltd. Tokyo, Japan Global Wealth Management JPY 5,165.0 51.0 1 Includes a nominal amount relating Consolidated structured entities Consolidated vehicles. UBS AG has no individually significant In 2022 and support when Furthermore, UBS AG controlling the SE |
Interests in associates and joi
Interests in associates and joint ventures | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of interests in associates and joint ventures [text block] | b) Interests in associates and As of 31 December 2022 and 2021, no significant restrictions on the as cash ventures of the Group. In 2022, 49 %) in Realty Inc., 44 m Properties resulted in a 848 m in Other income . UBS’s asset management and investment banking Investments in associates and joint USD m 2022 2021 Carrying amount at the beginning of the year 1,243 1,557 Additions 3 1 Reclassifications 1 (44) (386) Share of comprehensive income (41) 150 of which: share of net profit 2 32 105 of which: share of other comprehensive income 3 (73) 45 Share of changes in retained earnings 0 1 Dividends received (31) (39) Foreign currency translation (30) (39) Carrying amount at the end of the year 1,101 1,243 of which: associates 1,098 1,200 of which: SIX Group AG, Zurich 4 954 1,043 of which: other associates 144 157 of which: joint ventures 3 43 of which: Mitsubishi Corp.-UBS Realty Inc., 1 40 of which: other joint ventures 3 3 1 In 2022, UBS reclassified 49 %) in Mitsubishi Corp.-UBS 44 m to Properties and UBS reclassified its minority investment 48.8 %) in Clearstream Fund Centre 386 m to Properties and other non-current of USD 27 m from associates and USD 5 m from joint ventures (for 2021, consists of USD 79 m from associates and USD 26 m from joint ventures). 73 m from associates (for 2021, consists of USD 44 m from associates and 1 m from joint ventures). 17.31 %. UBS AG is represented |
UBS AG | |
Entity [Table] | |
Disclosure of interests in associates and joint ventures [text block] | Note 28 b) Interests in associates and As of 31 December 2022 no significant cash ventures of UBS AG. In 2022, UBS AG reclassified its minority investment ( 49 %) in its Japanese real estate joint venture, Mitsubishi Corp.-UBS Realty Inc., 44 m Properties resulted in 848 m in 2022, which Other income . UBS wealth management and investment banking Investments in associates and joint USD m 2022 2021 Carrying amount at the beginning of the year 1,243 1,557 Additions 3 1 Reclassifications 1 (44) (386) Share of comprehensive income (41) 150 of which: share of net profit 2 32 105 of which: share of other comprehensive income 3 (73) 45 Share of changes in retained earnings 0 1 Dividends received (31) (39) Foreign currency translation (30) (39) Carrying amount at the end of the year 1,101 1,243 of which: associates 1,098 1,200 of which: SIX Group AG, Zurich 4 954 1,043 of which: other associates 144 157 of which: joint ventures 3 43 of which: Mitsubishi Corp.-UBS Realty Inc., 1 40 of which: other joint ventures 1 In 2022, UBS AG reclassified its minority investment ( 49 %) in Mitsubishi Corp.-UBS Realty 44 m to Properties and other non-current assets held for sale and sold the UBS AG reclassified 48.8 %) in Clearstream 386 m to Properties consists of USD 27 m from associates and 5 m from joint ventures (for 2021, 79 m from associates and 26 m from joint ventures). 73 m from associates (for 2021, consists of USD 44 m from associates and USD 1 m from joint ventures). 17.31 %. UBS AG is represented |
Interests in unconsolidated str
Interests in unconsolidated structured entities | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Unconsolidated Structured Entities Explanatory | c) Unconsolidated structured entities UBS is establishing that entity or 2022, securitization vehicles, client vehicles and certain because it did not control the Interests in unconsolidated structured The table below presents the Group’s interests in and maximum exposure to loss from unconsolidated SEs, as well as the total assets held by the SEs in which UBS parties, for which the carrying amount Sponsored unconsolidated During 2022 not have an interest at year-end. During 2022 and 2021, the perspective of the vehicle), 1 bn and USD 3 bn, respectively, into sponsored USD 1 bn 2 bn, invested and movements, resulted in a total closing 38 bn (31 December 2021: USD 46 bn). Interests in unconsolidated structured 31.12.22 USD m, except where indicated Securitization vehicles Client vehicles Investment funds Total Maximum exposure to loss 1 Financial assets at fair value held for trading 278 81 5,884 6,243 6,243 Derivative financial instruments 3 160 115 278 278 Loans and advances to customers 119 119 119 Financial assets at fair value not held for trading 225 225 225 Financial assets measured at fair value through 2 Other financial assets measured at amortized cost 2 837 4,977 3 2 5,817 6,066 Total assets 1,118 4 5,219 6,345 12,681 Derivative financial instruments 1 35 763 798 2 Total liabilities 1 35 763 798 Assets held by the unconsolidated structured (USD bn) 50 5 107 6 139 7 31.12.21 USD m, except where indicated Securitization vehicles Client vehicles Investment funds Total Maximum exposure to loss 1 Financial assets at fair value held for trading 246 162 6,743 7,151 7,151 Derivative financial instruments 5 45 155 205 205 Loans and advances to customers 125 125 125 Financial assets at fair value not held for trading 35 222 257 257 Financial assets measured at fair value through 324 4,525 4,849 4,849 Other financial assets measured at amortized cost 0 3 0 1 250 Total assets 610 4 4,732 7,247 12,588 Derivative financial instruments 2 11 281 294 Total liabilities 2 11 281 294 Assets held by the unconsolidated structured (USD bn) 30 5 81 6 158 7 1 For the purpose of this classified as Financial assets measured carrying amount of loan commitments. The 0.1 bn of the USD 1.1 bn (31 December 2021: USD 0.1 bn of the USD 0.6 bn) was held in Group Functions of the investment funds sponsored The Group retains or letters of generally equal to the carrying amount of the Group’s interest in the given SE, with this market notional amount, adjusted The including unconsolidated SE or risk-reducing In contractually obligated to do In 2022 movements recognized Other net , which were generally hedged with other financial instruments, as well sponsored funds. Interests in securitization vehicles As securitization vehicles that relate to The numbers outlined in the table above may Pillar 3 ubs.com/investors, synthetic securitizations interest because it did not within classification of vehicles viewed as sponsored › Refer to the 31 December ubs.com/investors, for more information Interests in client vehicles Client vehicles are may enter into derivative intended investment objective, As of third parties that relate to financing, offerings. Interests in investment funds Investment funds have a does not have a substantive effect have substantive voting or similar rights The Group holds interests structured product various pooled investment funds and the performance of the fund. The specific fee structure is fund’s nature represent an interest in the fund, the performance fund’s assets and the fund’s by 292 bn 370 bn 31 December 2022 not have any material exposure |
UBS AG | |
Entity [Table] | |
Disclosure Of Unconsolidated Structured Entities Explanatory | c) Unconsolidated structured entities UBS AG is considered in establishing that entity 2022, securitization vehicles, client vehicles 2022 because it did not Interests in unconsolidated structured The table below total assets held by the SEs in which parties, for which the carrying amount Sponsored unconsolidated During 2022 and 2021, UBS have an interest at year-end. During 2022 and 2021, in the year. UBS AG and third perspective of the vehicle), 1 bn and USD 3 bn, respectively, into sponsored USD 1 bn 2 bn, invested and movements, resulted in a total closing 38 bn (31 December 2021: USD 46 bn). Interests in unconsolidated structured 31.12.22 USD m, except where indicated Securitization vehicles Client vehicles Investment funds Total Maximum exposure to loss 1 Financial assets at fair value held for trading 278 81 5,884 6,243 6,243 Derivative financial instruments 3 160 115 278 278 Loans and advances to customers 119 119 119 Financial assets at fair value not held for trading 108 108 108 Financial assets measured at fair value through 2 Other financial assets measured at amortized cost 2 837 4,977 3 2 5,817 6,066 Total assets 1,118 4 5,219 6,228 12,565 Derivative financial instruments 1 35 763 798 2 Total liabilities 1 35 763 798 Assets held by the unconsolidated structured interest (USD bn) 50 5 107 6 95 7 31.12.21 USD m, except where indicated Securitization vehicles Client vehicles Investment funds Total Maximum exposure to loss 1 Financial assets at fair value held for trading 246 162 6,743 7,151 7,151 Derivative financial instruments 5 45 155 205 205 Loans and advances to customers 125 125 125 Financial assets at fair value not held for trading 35 100 135 135 Financial assets measured at fair value through 324 4,525 4,849 4,849 Other financial assets measured at amortized cost 0 3 0 1 250 Total assets 610 4 4,732 7,124 12,466 Derivative financial instruments 2 11 281 294 Total liabilities 2 11 281 294 Assets held by the unconsolidated structured interest (USD bn) 30 5 81 6 103 7 1 For the purpose of this classified as Financial assets measured carrying amount of loan commitments. The 0.1 bn of the USD 1.1 bn (31 December 2021: USD 0.1 bn of the USD 0.6 bn) was held in Group Functions of the investment funds sponsored UBS letters generally equal to market movements. Guarantees, amount, adjusted for losses The including unconsolidated SE or risk-reducing In contractually obligated to do In 2022 movements recognized Other net , which were generally hedged with other financial instruments, as well sponsored funds. Interests in securitization vehicles As securitization vehicles that relate to The numbers outlined in the table above may Pillar 3 ubs.com/investors, synthetic interest because it did not within classification of vehicles viewed as sponsored › Refer to the 31 December ubs.com/investors, for more information Interests in client vehicles Client vehicles are may enter into derivative intended investment objective, As of third parties that relate to financing, offerings. Interests in investment funds Investment funds have a does not have a substantive effect have substantive voting or similar rights UBS AG holds interests structured product various pooled investment funds and the performance of the fund. The specific fee structure is fund’s nature represent an the performance fund’s assets and the fund’s by 336 bn 425 bn 31 December 2022 and 31 December 2021, respectively, and have been excluded from the table above. UBS AG did not have any material exposure to |
Changes in organization and acq
Changes in organization and acquisitions and disposals of subsidiaries and businesses | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of changes in organisation and disposals [text block] | Note 29 Disposals of subsidiaries and businesses Sale of UBS Swiss Financial Advisers AG In the (SFA) to Vontobel. UBS continues to refer US clients that want to have advisory services booked USD 86 m in 2022, which was recognized in Other income . Prior to completion of the sale, the assets and liabilities that were subject to the transaction were presented as a disposal group held Other non-financial assets Other non-financial liabilities 446 m and USD 475 m, respectively). Sale of wealth management business UBS completed 2022. The sale business of UBS 133 m in 2022, which was recognized in Other income . Prior to completion of the sale, the assets and liabilities that were subject to the transaction were presented as a disposal group held Other non-financial assets Other non-financial liabilities 647 m and USD 823 m, respectively). Sale of US alternative investments administration In the gain of USD 41 m gain in Other income . Sale of investments in associates and UBS sold its minority › Refer to Note 28b Acquisitions of subsidiaries and Wealthfront In August was to be acquired by UBS Americas Inc. In the third quarter of 2022, UBS purchased a USD 69.7 m note convertible into Wealthfront shares. |
UBS AG | |
Entity [Table] | |
Disclosure of changes in organisation and disposals [text block] | Note 29 Disposals of subsidiaries and businesses Sale of UBS Swiss Financial Advisers AG In the third quarter of 2022, (SFA) investment advisory pre-tax gain of USD 86 m in 2022, which was recognized Other income . Prior to completion of the sale, the assets and liabilities that were subject to the transaction were presented as a disposal group held Other non-financial assets Other non-financial liabilities 446 m and USD 475 m, respectively). Sale of wealth management business UBS AG of management business 133 m in 2022, in Other income . Prior to completion of the sale, the assets and liabilities that were subject to the transaction were presented as a disposal group held Other non-financial assets Other non-financial liabilities 647 m and USD 823 m, respectively). Sale of US alternative investments administration In the fourth quarter of 2022, UBS AG sold its US alternative investments administration business and recorded a pre-tax gain of USD 41 m gain in Other income . Sale of investments in associates and UBS AG 2022. › Refer to Note 28b Acquisitions of subsidiaries and Wealthfront In Wealthfront was to be acquired by UBS Americas Inc. In the 69.7 m note convertible into Wealthfront |
Related parties
Related parties | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Related Party Explanatory | Note 30 UBS defines related parties as associates (entities that UBS shares control with another party), post close controlled members of the Board of Directors a) Remuneration of key The retirement. Total the table below. Remuneration of key management USD m, except where indicated 31.12.22 31.12.21 31.12.20 Base salaries and other cash payments 1 27 31 33 Incentive awards – cash 2 17 17 18 Annual incentive award under DCCP 25 26 27 Employer’s contributions to retirement 2 3 3 Benefits in kind, fringe benefits (at market 1 1 1 Share-based compensation 3 45 45 47 Total 118 124 129 Total (CHF m) 4 114 113 121 1 May include role-based is based on the composed of LTIP dollar amounts translated at 0.96 ; 2021: USD / CHF 0.92 ; 2020: USD / CHF 0.94 ). The independent members of the BoD and thus are not entitled to benefits upon termination of their service on the BoD. Payments to services as independent 11.1 m (CHF 10.7 m) in 2022, 7.5 m (CHF 6.9 m) in 2021 and USD 7.0 m (CHF 6.6 m) in 2020. b) Equity holdings of key management Equity holdings of key management 1 31.12.22 31.12.21 Number of UBS Group AG shares held by members of the 2 3,009,686 4,597,006 1 No options were held in provisions. Of the share totals above, no shares 2022 and 31 December 2021. No shares were held by 31 December Group AG. c) Loans, advances and mortgages to The non ordinary including interest rates and collateral, unfavorable features for the firm. Independent BoD members are granted loans and mortgages in the ordinary course of business at general market conditions. Movements in the loan, advances and Loans, advances and mortgages 1 USD m, except where indicated 2022 2021 Balance at the beginning of the year 34 38 Additions 8 11 Reductions (9) (15) Balance at the end of the year 2 33 34 Balance at the end of the year (CHF 2, 3 31 31 1 All loans are secured loans. translated at the relevant year-end d) Other related-party In 202 controlled personnel or December 2 , 31 December 21 and December 20 , there Furthermore, in 202 services to 2022 e) Transactions with associates and Loans to and outstanding USD m 2022 2021 Carrying amount at the beginning of the year 251 630 Additions 402 133 Reductions (438) (497) Foreign currency translation 1 (14) Carrying amount at the end of the year 217 251 of which: unsecured loans and receivables 209 243 Other transactions with associates and joint As of or for the year ended USD m 31.12.22 31.12.21 Payments to associates and joint ventures for goods 138 157 Fees received for services provided to 4 104 Liabilities to associates and joint ventures 90 127 Commitments and contingent liabilities to associates and 7 7 Refer to Note 28 |
UBS AG | |
Entity [Table] | |
Disclosure Of Related Party Explanatory | Note 30 UBS AG which UBS shares control personnel, close family members of jointly controlled by key management personnel or their close family members. Key management personnel is defined as members of the Board of Directors a) Remuneration of key The retirement. Total table below. Remuneration of key managem USD m, except where indicated 31.12.22 31.12.21 31.12.20 Base salaries and other cash payments 1 26 30 31 Incentive awards – cash 2 16 17 17 Annual incentive award under DCCP 23 26 26 Employer’s contributions to retirement 2 2 2 Benefits in kind, fringe benefits (at market 1 1 1 Share-based compensation 3 42 45 45 Total 110 122 122 Total (CHF m) 4 106 112 115 1 May include role-based is based on composed of LTIP US dollar amounts translated 0.96 ; 2021: USD / CHF 0.92 ; 2020: USD / 0.94 ). The independent AG, and thus are not entitled to benefits upon their services as independent members of 11.1 m (CHF 10.7 m) in 2022, USD 7.5 m (CHF 6.9 m) in 2021 and USD 7.0 m (CHF 6.6 m) in 2020. b) Equity holdings of key management Equity holdings of key management 1 31.12.22 31.12.21 Number of UBS Group AG shares held by members of the 2 2,443,580 4,175,515 1 No options were provisions. Of the share totals above, no shares 2022 and 31 December 2021. by 31 December 2022, AG. c) Loans, advances and mortgages to The non ordinary including interest rates and collateral, unfavorable features for the firm. Independent BoD members are granted loans and mortgages in the ordinary course of business at general market conditions. Movements in the loan, advances and Loans, advances and mortgages 1 USD m, except where indicated 2022 2021 Balance at the beginning of the year 28 31 Additions 8 11 Reductions (7) (15) Balance at the end of the year 2 28 28 Balance at the end of the year (CHF m) 2, 3 26 25 1 All loans are secured loans. translated at the relevant year-end d) Other related-party In 2022 controlled 31 December 21 and December 20 , Furthermore, in 202 services to UBS entities in 2022 e) Transactions with associates and Loans to and outstanding USD m 2022 2021 Carrying amount at the beginning of the year 251 630 Additions 402 133 Reductions (438) (497) Foreign currency translation 1 (14) Carrying amount at the end of the year 217 251 of which: unsecured loans and receivables 209 243 Other transactions with associates and joint As of or for the year ended USD m 31.12.22 31.12.21 Payments to associates and joint ventures for goods 138 157 Fees received for services provided to 4 104 Liabilities to associates and joint ventures 90 127 Commitments and contingent liabilities to associates and 7 7 Refer to Note 28 f) Receivables and payables USD m 31.12.22 31.12.21 Receivables Loans and advances to customers 2,807 1,049 Financial assets at fair value held for trading 146 187 Other financial assets measured at amortized cost 147 45 Payables Customer deposits 2,119 2,828 Funding from UBS Group AG 56,147 57,295 Other financial liabilities measured at amortized cost 1,985 1,887 Other financial liabilities designated at fair value 1 1,796 2,340 1 Represents funding recognized |
Invested assets and net new mon
Invested assets and net new money | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of InvestedAssets And Net New Money Explanatory | Note 31 The including net new money, Invested assets Invested assets include managed fiduciary deposits, time deposits, savings held management and and does not and deposits from third-party Discretionary assets the client ultimately sold results independently providing Net new money Net new money in a reporting those withdrawn by existing clients and Net determined at the client net new money inflows. Market and currency excluded from net new money, as are effects resulting Reclassifications between generally treated as net imposed regulation or reported as Other effects . The Investment Bank does Investment Bank already with UBS. Invested assets and net new As of or for the year ended USD bn 31.12.22 31.12.21 Fund assets managed by UBS 390 419 Discretionary assets 1,440 1,705 Other invested assets 2,127 2,472 Total invested assets 1 3,957 4,596 of which: double counts 340 356 Net new money 1 68 159 1 Includes double counts. Development of invested assets USD bn 2022 2021 Total invested assets at the beginning 1 4,596 4,187 Net new money 68 159 Market movements 2 (595) 339 Foreign currency translation (72) (65) Other effects (40) (24) of which: acquisitions / (divestments) (19) (5) Total invested assets at the end 1 3,957 4,596 1 Includes double counts. |
UBS AG | |
Entity [Table] | |
Disclosure Of InvestedAssets And Net New Money Explanatory | Note 31 The following including net new money, Invested assets Invested assets consist of all client assets managed by include managed fiduciary deposits, time deposits, savings held for - only management and transactional purposes, does not deposits from third-party banks Discretionary assets are defined as client the client ultimately sold results independently providing Net new money Net new money in a reporting less those withdrawn by existing clients Net determined at the client net new money inflows. Market excluded from net new money, as are effects resulting Reclassifications between generally treated as net imposed regulation reported as Other effects . The Investment Bank does Investment Bank already with UBS AG. Invested assets and net new As of or for the year ended USD bn 31.12.22 31.12.21 Fund assets managed by UBS 390 419 Discretionary assets 1,440 1,705 Other invested assets 2,127 2,472 Total invested assets 1 3,957 4,596 of which: double counts 340 356 Net new money 1 68 159 1 Includes double counts. Development of invested assets USD bn 2022 2021 Total invested assets at the beginning 1 4,596 4,187 Net new money 68 159 Market movements 2 (595) 339 Foreign currency translation (72) (65) Other effects (40) (24) of which: acquisitions / (divestments) (19) (5) Total invested assets at the end 1 3,957 4,596 1 Includes double counts. |
Currency translation rates
Currency translation rates | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Effect Of Changes In Foreign Exchange Rates Explanatory | Note 32 The following table shows the rates with a functional currency other Closing exchange rate Average rate 1 As of For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.20 1 CHF 1.08 1.10 1.05 1.09 1.07 1 EUR 1.07 1.14 1.05 1.18 1.15 1 GBP 1.21 1.35 1.23 1.37 1.29 100 JPY 0.76 0.87 0.76 0.91 0.94 1 Monthly income statement twelve month-end divisions may deviate from the |
UBS AG | |
Entity [Table] | |
Disclosure Of Effect Of Changes In Foreign Exchange Rates Explanatory | Note 32 The operations with a functional currency Closing exchange rate Average rate 1 As of For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.20 1 CHF 1.08 1.10 1.05 1.09 1.07 1 EUR 1.07 1.14 1.05 1.18 1.15 1 GBP 1.21 1.35 1.23 1.37 1.29 100 JPY 0.76 0.87 0.76 0.91 0.94 1 Monthly income statement twelve month-end rates, weighted according may deviate from the weighted |
Main differences between IFRS a
Main differences between IFRS and Swiss GAAP | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of main differences between IFRS and Swiss GAAP [text block] | Note 33 The consolidated financial Standards (IFRS). The statements accepted accounting principles (GAAP) and measurement financial statement reporting 1. Under IFRS, deemed immaterial as participations accounted for under the equity of cost or market value. 2. Classification and measurement Under IFRS, or fair value asset is held FVTPL by UBS. Under Swiss GAAP, trading debt basis. In addition, the measurement of financial instruments not held to maturity, intent, Financial investments value recorded in the income statement as Other income from ordinary activities. Equity instruments with a permanent holding intent Non-consolidated measured at cost less impairment. Impairment of investments in non-consolidated realized gains or losses Extraordinary income / Extraordinary expenses . 3. Fair value option applied Under IFRS, UBS applies the fair value option to certain financial liabilities not held for trading. fair value option is applied are accounted for at FVTPL. The amount of change in the fair value attributable to changes in UBS’s own credit is presented Other comprehensive income Retained earnings . The fair value option applied primarily to issued repurchase agreements and contracts, and brokerage Under contract and fair value attributable Net trading income . 4. Allowances and provisions for credit Swiss GAAP permit use of IFRS for loss (ECL) model. UBS has chosen to apply the IFRS 9 frameworks, IFRS and Swiss GAAP For the small IFRS due to classification differences, – For exposures for which Pillar 1 internal ratings-based the regulatory expected loss (EL), with an add-on for scaling up to the the next control” – For exposures portfolio approach for the entire portfolio. 5. Hedge accounting Under IFRS, when cash flow hedge designated as conditions are to the hedged risk is reflected in the measurement with the change of a derivative instrument Other assets Other liabilities . The carrying amount for fair value changes attributable to the 6. Goodwill and intangible Under IFRS, goodwill acquired assets goodwill and longer 10 impairment. 7. Post-employment benefit Swiss GAAP made on a plan-by-plan basis. UBS statements and Swiss GAAP (FER financial statements. The requirements of Swiss which are defined elements, such as future salary the static obligation in accordance pension determined by the Pension Foundation For defined balance sheet subject to the However, for non-Swiss defined recognized in the income statement of UBS Swiss GAAP statement. Swiss in accordance from pension asset required to contribute to the 8. Leasing Under corresponding lease liability based on the present value of The RoU asset is recorded at any costs to refurbish the leased asset and the lease term or the useful life of the Under underlying assets, are are recognized on the sheet, General which expense and recognized 9. Netting of derivative assets and Under IFRS, derivative assets, basis collateral arrangements event of default, bankruptcy or insolvency of UBS basis or to realize and related the counterparties. 10. Negative interest Under therefore, negative expense and interest income and negative interest 11. Extraordinary income Certain non-recurring of participations, fixed and intangible assets, and reversals of as extraordinary items under Swiss |
UBS AG | |
Entity [Table] | |
Disclosure of main differences between IFRS and Swiss GAAP [text block] | Note 33 The Standards (IFRS). The Swiss Financial Market Supervisory Authority statements accepted accounting principles (GAAP) and measurement financial statement reporting 1. Consolidation Under IFRS, deemed immaterial as participations accounted for under the equity of cost or market value. 2. Classification and measurement Under IFRS, or fair value asset is held FVTPL by UBS. Under Swiss GAAP, trading debt basis. In addition, the measurement of instruments not held to maturity, intent, Financial investments value recorded in the income statement as Other income from ordinary activities. Equity instruments with a permanent holding intent Non-consolidated measured at cost less impairment. Impairment losses are recorded in the income Impairment of investments in non-consolidated realized gains or losses Extraordinary income / Extraordinary expenses . 3. Fair value option applied Under IFRS, UBS applies the fair value option to certain financial liabilities not held for trading. fair value option is applied are accounted for at FVTPL. The amount of change in the fair value attributable to changes in UBS’s own credit is presented Other comprehensive income Retained earnings . The fair value option applied primarily to issued repurchase agreements and contracts, and brokerage Under contract and fair value attributable Net trading income . 4. Allowances and provisions for credit Swiss GAAP permit use of IFRS for loss (ECL) model. UBS has chosen to apply the IFRS 9 frameworks, IFRS and Swiss GAAP For the small IFRS due to classification differences, – For exposures for which Pillar 1 internal ratings-based the regulatory expected loss (EL), with an add-on for scaling up to the the next control” – For exposures portfolio approach for the entire portfolio. 5. Hedge accounting Under IFRS, when cash flow hedge designated as conditions are to the hedged risk is reflected in the measurement with the change of a derivative instrument Other assets Other liabilities . The carrying amount for fair value changes attributable to the 6. Goodwill and intangible Under IFRS, goodwill acquired assets goodwill and longer 10 impairment. 7. Post-employment benefit Swiss GAAP made on a plan-by-plan basis. UBS statements and Swiss GAAP (FER financial statements. The requirements of Swiss which are defined elements, such as future salary the static obligation in accordance pension determined by the Pension Foundation For defined balance sheet subject to the However, for non-Swiss defined recognized in the income statement of UBS Swiss GAAP statement. Swiss in accordance from pension asset required to contribute to the 8. Leasing Under corresponding lease liability based on the present value of The RoU asset is recorded at any costs to refurbish the leased asset and the lease term or the useful life of the Under underlying assets, are are recognized on the sheet, General which expense and recognized 9. Netting of derivative assets and Under IFRS, derivative assets, basis collateral arrangements event of default, bankruptcy or insolvency of UBS basis or to realize and related the counterparties. 10. Negative interest Under therefore, negative expense and interest income and negative interest 11. Extraordinary income Certain non-recurring of participations, fixed and intangible assets, and reversals of as extraordinary items under Swiss |
Supplemental guarantor informat
Supplemental guarantor information required under SEC regulations | 12 Months Ended |
Dec. 31, 2022 | |
UBS AG | |
Entity [Table] | |
Condensed Financial Information Of Parent Company Only Disclosure [Text Block] | Note 34 Joint liability of In 2015, the Personal & Corporate Banking and Wealth Management businesses booked in Switzerland were transferred from terms of the asset transfer agreement, existing issued by UBS AG. To guarantor. The 1.4 bn USD 4.3 bn as of 31 December 2022. extinguishments, fair value movements Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Interest income from financial instruments measured fair value through other comprehensive 4,824 3,894 4,661 (1,575) 11,803 Interest expense from financial instruments measured (5,449) (736) (2,604) 2,093 (6,696) Net interest income from financial instruments measured profit or loss and other 881 546 431 (449) 1,410 Net interest income 257 3,704 2,488 68 6,517 Other net income from financial instruments measured profit or loss 5,541 900 940 112 7,493 Fee and commission income 2,875 4,865 13,766 (660) 20,846 Fee and commission expense (684) (464) (1,327) 652 (1,823) Net fee and commission income 2,191 4,401 12,439 (8) 19,023 Other income 6,732 203 3,329 (8,382) 1,882 Total revenues 14,721 9,208 19,197 (8,210) 34,915 Credit loss expense / (release) (17) 50 (3) (1) 29 Personnel expenses 3,251 1,995 9,835 0 15,080 General and administrative expenses 3,374 3,258 5,029 (2,660) 9,001 Depreciation, amortization and impairment of non 871 340 744 (109) 1,845 Operating expenses 7,496 5,592 15,607 (2,769) 25,927 Operating profit / (loss) before 7,242 3,566 3,592 (5,440) 8,960 Tax expense / (benefit) (28) 638 1,083 151 1,844 Net profit / (loss) 7,270 2,928 2,509 (5,592) 7,116 Net profit / (loss) attributable to non-controlling 0 0 32 0 32 Net profit / (loss) attributable to shareholders 7,270 2,928 2,477 (5,592) 7,084 1 Amounts presented under “Complementary UBS Americas Holding LLC, Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Comprehensive income attributable to shareholders Net profit / (loss) 7,270 2,928 2,477 (5,592) 7,084 Other comprehensive income Other comprehensive income that statement Foreign currency translation, net (114) (197) (506) 298 (519) Financial assets measured at fair value through income, net of tax 3 (3) 0 9 0 6 Cash flow hedges, net of tax (2,791) (1,359) (631) (12) (4,793) Cost of hedging, net of tax 45 45 Total other comprehensive income statement, net of tax (2,863) (1,555) (1,128) 286 (5,260) Other comprehensive income that will not income statement Defined benefit plans, net of tax 170 (112) 23 0 81 Own credit on financial liabilities designated at fair value, 796 796 Total other comprehensive income statement, net of tax 966 (112) 23 0 877 Total other comprehensive (1,897) (1,667) (1,104) 286 (4,383) Total comprehensive 5,373 1,261 1,373 (5,306) 2,701 Total comprehensive income attributable to 18 18 Total comprehensive 5,373 1,261 1,391 (5,306) 2,719 1 Amounts presented under “Complementary Americas Holding classified as Financial assets Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) As of 31 December 2022 Assets Cash and balances at central banks 48,689 84,465 36,291 0 169,445 Loans and advances to banks 39,691 6,357 19,063 (50,441) 14,671 Receivables from securities financing transactions amortized cost 51,493 903 34,110 (18,691) 67,814 Cash collateral receivables on derivative 35,594 1,221 10,074 (11,856) 35,033 Loans and advances to customers 90,168 229,861 101,231 (31,233) 390,027 Other financial assets measured at amortized cost 24,005 9,532 21,880 (2,029) 53,389 Total financial assets 289,641 332,339 222,649 (114,250) 730,379 Financial assets at fair value held for trading 95,810 173 13,899 (1,848) 108,034 of which: assets pledged as collateral that may be sold or repledged by counterparties 41,056 0 5,578 (9,892) 36,742 Derivative financial instruments 149,447 5,925 35,106 (40,368) 150,109 Brokerage receivables 9,763 0 7,814 0 17,576 Financial assets at fair value not held for trading 45,302 4,354 26,843 (17,091) 59,408 Total financial assets 300,321 10,453 83,661 (59,308) 335,127 Financial assets measured at through other comprehensive income 1,953 0 286 0 2,239 Investments in subsidiaries and associates 54,323 33 0 (53,255) 1,101 Property, equipment 5,852 1,654 4,077 (267) 11,316 Goodwill and intangible assets 213 0 6,050 5 6,267 Deferred tax assets 1,624 276 7,470 (16) 9,354 Other non-financial assets 6,930 1,768 951 4 9,652 Total assets 660,856 346,522 325,144 (227,087) 1,105,436 Liabilities Amounts due to banks 41,395 37,123 51,555 (118,477) 11,596 Payables from securities financing amortized cost 9,425 247 13,303 (18,774) 4,202 Cash collateral payables on derivative instruments 35,528 1,518 11,191 (11,800) 36,436 Customer deposits 98,628 273,316 132,619 22,608 527,171 Funding from UBS Group AG 56,147 0 0 56,147 Debt issued measured at amortized cost 50,706 8,965 1 (173) 59,499 Other financial liabilities measured at amortized cost 4,903 2,221 5,554 (2,287) 10,391 Total financial liabilities measured 296,733 323,391 214,222 (128,903) 705,442 Financial liabilities at fair value held for trading 25,059 183 5,843 (1,570) 29,515 Derivative financial instruments 153,778 6,177 35,314 (40,363) 154,906 Brokerage payables designated at 32,346 0 12,746 (7) 45,085 Debt issued designated at fair value 71,444 0 508 (110) 71,842 Other financial liabilities designated at fair value 17,888 0 17,074 (2,928) 32,033 Total financial liabilities measured 300,514 6,360 71,484 (44,977) 333,382 Provisions 1,904 239 1,041 (2) 3,183 Other non-financial liabilities 1,630 1,019 3,742 98 6,489 Total liabilities 600,782 331,009 290,490 (173,785) 1,048,496 Equity attributable to shareholders 60,075 15,513 34,313 (53,303) 56,598 Equity attributable to non-controlling 342 0 342 Total equity 60,075 15,513 34,655 (53,303) 56,940 Total liabilities and 660,856 346,522 325,144 (227,087) 1,105,436 1 Amounts presented for available under “Complementary UBS Americas Holding LLC, Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Interest income from financial instruments measured fair value through other comprehensive 3,130 3,652 2,456 (703) 8,534 Interest expense from financial instruments measured (2,847) (520) (1,024) 1,025 (3,366) Net interest income from financial instruments measured profit or loss and other 1,229 254 228 (274) 1,437 Net interest income 1,512 3,386 1,660 48 6,605 Other net income from financial instruments measured profit or loss 3,751 807 1,369 (83) 5,844 Fee and commission income 3,837 5,204 16,151 (770) 24,422 Fee and commission expense (810) (481) (1,450) 755 (1,985) Net fee and commission income 3,027 4,723 14,702 (14) 22,438 Other income 7,555 221 1,560 (8,396) 941 Total revenues 15,845 9,137 19,291 (8,445) 35,828 Credit loss expense / (release) (65) (98) (10) 24 (148) Personnel expenses 3,401 2,098 10,161 1 15,661 General and administrative expenses 4,255 3,442 4,474 (2,696) 9,476 Depreciation, amortization and impairment of non 949 285 755 (114) 1,875 Operating expenses 8,605 5,825 15,390 (2,809) 27,012 Operating profit / (loss) before 7,305 3,409 3,910 (5,660) 8,964 Tax expense / (benefit) 203 622 1,090 (11) 1,903 Net profit / (loss) 7,102 2,788 2,820 (5,649) 7,061 Net profit / (loss) attributable to non-controlling 0 0 29 0 29 Net profit / (loss) attributable to shareholders 7,102 2,788 2,792 (5,649) 7,032 1 Amounts presented under “Complementary Americas Holding LLC, Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Comprehensive income attributable to Net profit / (loss) 7,102 2,788 2,792 (5,649) 7,032 Other comprehensive income Other comprehensive income that statement Foreign currency translation, net (1) (419) (607) 517 (510) Financial assets measured at fair value through income, net of tax 0 (157) 0 (157) Cash flow hedges, net of tax (1,129) (279) (250) (17) (1,675) Cost of hedging, net of tax (26) (26) Total other comprehensive income statement, net of tax (1,155) (699) (1,014) 500 (2,368) Other comprehensive income that will not income statement Defined benefit plans, net of tax 170 (135) 67 0 102 Own credit on financial liabilities designated at fair value, 46 46 Total other comprehensive income statement, net of tax 217 (135) 67 0 148 Total other comprehensive (939) (834) (947) 500 (2,220) Total comprehensive 6,163 1,954 1,845 (5,149) 4,813 Total comprehensive income attributable to 13 13 Total comprehensive 6,163 1,954 1,858 (5,149) 4,826 1 Amounts presented under “Complementary Americas Holding LLC, Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) As of 31 December 2021 Assets Cash and balances at central banks 53,839 91,031 47,946 192,817 Loans and advances to banks 39,681 7,066 19,858 (51,245) 15,360 Receivables from securities financing transactions amortized cost 50,566 5,438 40,585 (21,577) 75,012 Cash collateral receivables on derivative 29,939 779 10,314 (10,518) 30,514 Loans and advances to customers 101,458 230,170 93,252 (26,188) 398,693 Other financial assets measured at amortized cost 8,902 6,828 12,377 (1,870) 26,236 Total financial assets 284,385 341,312 224,332 (111,397) 738,632 Financial assets at fair value held for trading 116,370 79 16,740 (2,156) 131,033 of which: assets pledged as collateral that may be sold or repledged by counterparties 47,891 0 6,073 (10,568) 43,397 Derivative financial instruments 113,426 4,199 35,567 (35,047) 118,145 Brokerage receivables 14,563 7,283 (7) 21,839 Financial assets at fair value not held for trading 37,532 5,413 33,940 (17,243) 59,642 Total financial assets 281,891 9,691 93,531 (54,454) 330,659 Financial assets measured at through other comprehensive income 1,007 7,837 8,844 Investments in subsidiaries and associates 54,204 37 40 (53,038) 1,243 Property, equipment 6,501 1,456 4,048 (293) 11,712 Goodwill and intangible assets 213 6,138 28 6,378 Deferred tax assets 936 7,903 8,839 Other non-financial assets 5,757 2,424 1,656 (1) 9,836 Total assets 634,894 354,921 345,484 (219,154) 1,116,145 Liabilities Amounts due to banks 34,691 33,453 50,405 (105,448) 13,101 Payables from securities financing amortized cost 16,711 526 9,910 (21,615) 5,533 Cash collateral payables on derivative instruments 30,260 153 11,845 (10,458) 31,801 Customer deposits 101,093 286,488 142,967 14,287 544,834 Funding from UBS Group AG 57,295 57,295 Debt issued measured at amortized cost 73,045 9,460 (73) 82,432 Other financial liabilities measured at amortized cost 4,477 2,477 5,057 (2,245) 9,765 Total financial liabilities measured 317,572 332,556 220,184 (125,551) 744,762 Financial liabilities at fair value held for trading 25,711 372 7,652 (2,046) 31,688 Derivative financial instruments 116,588 4,053 35,731 (35,063) 121,309 Brokerage payables designated at 30,497 13,548 (1) 44,045 Debt issued designated at fair value 70,660 785 14 71,460 Other financial liabilities designated at fair value 11,127 24,454 (3,167) 32,414 Total financial liabilities measured 254,584 4,425 82,171 (40,263) 300,916 Provisions 2,023 297 1,153 (21) 3,452 Other non-financial liabilities 1,799 1,278 5,528 (33) 8,572 Total liabilities 575,978 338,556 309,036 (165,868) 1,057,702 Equity attributable to shareholders 58,916 16,365 36,108 (53,287) 58,102 Equity attributable to non-controlling 340 340 Total equity 58,916 16,365 36,448 (53,287) 58,442 Total liabilities and 634,894 354,921 345,484 (219,154) 1,116,145 1 Amounts presented for available under “Complementary UBS Americas Holding LLC, Supplemental guarantor consolidated USD m UBS AG 1 UBS Switzerland AG 1 Other 1 UBS AG (consolidated) For the year ended Net cash flow from / (used in) operating 5,714 2,131 22,718 30,563 Cash flow from / (used in) investing activities Purchase of subsidiaries, associates and intangible assets 0 (1) 0 (1) Disposal of subsidiaries, associates and intangible 2 16 0 577 593 Purchase of property, (656) (276) (650) (1,581) Disposal of property, equipment 294 0 1 295 Purchase of financial assets measured at fair value through (1,006) 0 (4,795) (5,802) Disposal and redemption of financial assets measured at income 189 0 4,863 5,052 Net (purchase) / redemption of debt securities measured at amortized (807) 772 (380) (415) Net cash flow from / (used in) (1,970) 495 (385) (1,860) Cash flow from / (used in) financing activities Net short-term debt issued / (repaid) (3,073) (21) 0 (3,093) Distributions paid on UBS AG shares (4,539) 0 0 (4,539) Issuance of debt designated at fair value and long 3 97,250 1,177 193 98,619 Repayment of debt designated at fair value and 3 (78,385) (1,093) (320) (79,799) Net cash flows from other financing activities (280) 0 20 (261) Net activity related to group internal capital transactions 5,240 (537) (4,702) 0 Net cash flow from / (used in) 16,212 (475) (4,811) 10,927 Total Cash and cash equivalents at the beginning 39,400 93,342 40,689 173,430 Net cash flow from / (used in) operating, investing 19,957 2,151 17,523 39,630 Effects of exchange rate differences on cash and (1,462) (2,693) (1,151) (5,306) Cash and cash equivalents at the end 4 57,895 92,799 57,061 207,755 of which: cash and balances at central banks 53,729 91,031 47,946 192,706 of which: loans and advances to banks 3,258 1,588 8,975 13,822 of which: money market paper 5 908 179 139 1,227 1 Cash flows generally sale of the minority stake in USD 3,408 m of cash and cash equivalents were other comprehensive income, Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Interest income from financial instruments measured fair value through other comprehensive 3,386 3,636 2,612 (818) 8,816 Interest expense from financial instruments measured (3,694) (513) (1,261) 1,134 (4,333) Net interest income from financial instruments measured profit or loss and other 1,103 164 311 (273) 1,305 Net interest income 794 3,288 1,662 43 5,788 Other net income from financial instruments measured profit or loss 4,857 911 1,044 118 6,930 Fee and commission income 3,731 4,585 13,651 (984) 20,982 Fee and commission expense (644) (829) (1,263) 961 (1,775) Net fee and commission income 3,087 3,756 12,388 (23) 19,207 Other income 4,671 233 2,585 (5,941) 1,549 Total revenues 13,410 8,188 17,679 (5,803) 33,474 Credit loss expense / (release) 352 286 56 0 695 Personnel expenses 3,458 2,017 9,211 0 14,686 General and administrative expenses 3,507 3,313 4,147 (2,481) 8,486 Depreciation, amortization and impairment of non 1,013 261 750 (115) 1,909 Operating expenses 7,978 5,591 14,108 (2,596) 25,081 Operating profit / (loss) before 5,079 2,311 3,515 (3,207) 7,699 Tax expense / (benefit) 238 444 912 (107) 1,488 Net profit / (loss) 4,840 1,868 2,603 (3,100) 6,211 Net profit / (loss) attributable to non-controlling 0 0 15 0 15 Net profit / (loss) attributable to shareholders 4,840 1,868 2,588 (3,100) 6,196 1 Amounts presented under “Complementary Americas Holding LLC, Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Comprehensive income attributable to shareholders Net profit / (loss) 4,840 1,868 2,588 (3,100) 6,196 Other comprehensive income Other comprehensive income that statement Foreign currency translation, net 81 1,228 690 (969) 1,030 Financial assets measured at fair value through comprehensive income, net of tax 0 0 137 0 136 Cash flow hedges, net of tax 902 26 101 (18) 1,011 Cost of hedging, net of tax (13) (13) Total other comprehensive income statement, net of tax 971 1,254 928 (988) 2,165 Other comprehensive income that will not income statement Defined benefit plans, net of tax (67) (107) 40 0 (134) Own credit on financial liabilities designated at fair value, (293) (293) Total other comprehensive the income statement, net of tax (360) (107) 40 0 (427) Total other comprehensive 611 1,147 968 (988) 1,738 Total comprehensive 5,451 3,015 3,556 (4,088) 7,934 Total comprehensive income attributable to 36 36 Total comprehensive 5,451 3,015 3,592 (4,088) 7,970 1 Amounts presented under “Complementary Americas Holding LLC, Supplemental guarantor consolidated USD m UBS AG 1 UBS Switzerland AG 1 Other 1 UBS AG (consolidated) For the year ended Net cash flow from / (used in) operating (14,883) 24,661 26,804 36,581 Cash flow from / (used in) investing activities Purchase of subsidiaries, associates and intangible assets 0 (3) (43) (46) Disposal of subsidiaries, associates and intangible 2 14 0 660 674 Purchase of property, (714) (162) (697) (1,573) Disposal of property, equipment 361 0 3 364 Purchase of financial assets measured at fair value through (77) 0 (6,213) (6,290) Disposal and redemption of financial assets measured at income 79 0 4,451 4,530 Net (purchase) / redemption of debt securities measured (3,021) 132 (1,277) (4,166) Net cash flow from / (used in) (3,357) (33) (3,117) (6,506) Cash flow from / (used in) financing activities Net short-term debt issued / (repaid) 23,828 17 0 23,845 Distributions paid on UBS AG shares (3,848) 0 0 (3,848) Issuance of debt designated at fair value and long 3 78,867 1,057 229 80,153 Repayment of debt designated at fair value and 3 (86,204) (776) (118) (87,099) Net cash flows from other financing activities (290) 0 (263) (553) Net activity related to group internal capital transactions 2,984 (1,307) (1,677) 0 Net cash flow from / (used in) 15,336 (1,009) (1,829) 12,498 Total Cash and cash equivalents at the beginning 39,598 62,551 17,655 119,804 Net cash flow from / (used in) operating, investing (2,905) 23,619 21,859 42,573 Effects of exchange rate differences on cash and 2,706 7,171 1,175 11,053 Cash and cash equivalents at the end 4 39,400 93,342 40,689 173,430 of which: cash and balances at central banks 34,283 91,638 32,167 158,088 of which: loans and advances to banks 4,085 1,695 8,148 13,928 of which: money market paper 5 1,032 9 374 1,415 1 Cash flows generally sale of the majority stake 3,828 m of cash and comprehensive income, |
MD&A - Risk management and cont
MD&A - Risk management and control | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Financial Risk Management Explanatory | Credit risk: contractual obligations toward Settlement risk: security versus cash) where we will receive the Loan underwriting that are intended for Step-in risk: that is facing stress in support. Market risk market variables. Market variables include rates, equity prices, credit that may be unobservable includes issuer risk and investment Issuer risk: an issuer to which we are Investment risk: Liquidity risk: unexpected current and operations or the financial condition of Funding risk: the market on an unsecured proposed commitments firm’s current business The Board of Directors the Group oversees the Group’s risk profile Group’s risk appetite methodology. The Corporate Culture and Responsibility Committee its concerns and expectations the effectiveness of whistleblowing procedures The Group Executive Board control framework in the Group, The Group has risk authority approved by the BoD. The business division Presidents and are responsible for the operation and management business business divisions. The regional Presidents any regional activities and issues that may The Group Chief framework (including climate risks. This includes risk measurement and risk limits model risk management and control for all models control process. The Group framework, financial financial risk appetite objectives, supported The Group Chief Financial Officer the reporting. including and Group M&A. The Group assessment The Head Group Internal Audit overall the management, Head GIA reports to the Chairman Some of these legal entity risk officers entity control framework, which complements We apply a concentrations. Risks that are not include generally developed by dedicated Risk concentrations may exist where in significant losses relative impact is a critical component For financial risks, we consider a number of elements, such as shared characteristics of positions, the size of the portfolio and the sensitivity of positions to of the markets risk-mitigating factors. This includes an assessment of, for the hedge might be traded. risk is defined as a positive correlation between a position and its risk mitigation For non-financial risks, risk concentrations may result from, for example, own (i.e., or related risk issues that may link together Risk Governance, and assessed to determine to do that emerge in a stressed environment differ Main sources of credit risk – Global activity, and lending against – A substantial secured therefore depends on – The Derivatives trading and securities financing are mainly investment grade. Loan underwriting activity can and give rise to temporary concentrated exposure – Credit risk within Non-core and Overview of measurement, monitoring – Credit risk exposure at default (EAD) of approved by the Bo on risk exposure amounts, – Limits apply not only to the current outstanding amount but also to contingent commitments and the potential future exposure of traded products. – The Investment Bank monitoring, measurement held to maturity (take-and-hold – We use and business division levels, and – Credit risk concentrations can arise if or have affected by changes in economic, political or other conditions. operational exposure, country risk and specific product Counterparty credit SFTs, close-out collateral over the time it future determined by Risk Control). of collateral on a portfolio level. Trading in are not used, we have clearly defined policies and processes for trading on a bilateral under allow participant counterparties, collateral in the form of cash or marketable securities when the exposure consists of well-rated government debt or other an initial margin continue to evolve. These result in greater amounts of initial margin received from, and been required in the past. We hedging. We modifying Swiss mortgage loans. The value we assign to each property is based on the lowest value determined from model-derived valuations, the purchase valuation. We similarly apply portfolio, mortgage types, such type, loan size, and purpose. The maximum LTV 45 % to 80 %. In addition also part of our underwriting guidelines. A risk limit framework is applied to the Global set segments, such as to senior set up mortgage underwriting and documentation For our mortgage underwriting guidelines with underwriting interest commercial real estate repayment strategy property 30 % 70 %, depending on the type and supported by personal of stress scenarios to ensure that exposures Lombard loans financial securities are transferable securities, such security provides a market. To We derive lending values by securities are calculated to cover a or more volatile collateral will typically ha We assess across single securities, reduced accordingly. We use single-name credit default swaps actively manage credit of risk credit valuation adjustments (CVAs). We have when proxy exposures. Buying limit exposures credit protection purchased to hedge the lending portfolio, this includes monitoring mismatches protection purchased effectiveness of the when necessary. We have developed tools and models Exposures to individual counterparties are measured given credit facility, the product of basis for the advanced internal ratings-based credit risk measures of EL, statistical loss Internal UBS rating scale Internal UBS rating 1-year PD range in % Description Moody’s Investors Service mapping S&P mapping Fitch mapping 0 and 1 0.00–0.02 Investment grade Aaa AAA AAA 2 0.02–0.05 Aa1 to Aa3 AA+ to AA– AA+ to AA– 3 0.05–0.12 A1 to A3 A+ to A– A+ to A– 4 0.12–0.25 Baa1 to Baa2 BBB+ to BBB BBB+ to BBB 5 0.25–0.50 Baa3 BBB– BBB– 6 0.50–0.80 Sub-investment grade Ba1 BB+ BB+ 7 0.80–1.30 Ba2 BB BB 8 1.30–2.10 Ba3 BB– BB– 9 2.10–3.50 B1 B+ B+ 10 3.50–6.00 B2 B B 11 6.00–10.00 B3 B– B– 12 10.00–17.00 Caa1 to Caa2 CCC+ to CCC CCC+ to CCC 13 >17 Caa3 to C CCC- CCC- Counterparty is in default Default Defaulted D D In line with due; (ii) it is subject to restructuring tenor, to payment; or (iv) there is other evidence Default and credit-impaired UBS purposes. defaulted when days for certain exposures private clients for default 90-day criterion would not accurately bankruptcy, preferential terms (forbearance); or to collateral. The latter may against a counterparty is defaulted on, An identified as discount to financial asset is classified as defaulted / credit-impaired (except POCI), it is reported as such not classified as applied longer period. As of 31 If payment default is difficulties that we would rates, forbearance measure takes Forbearance supersede the preferential conditions, or the counterparty our risk tolerance. Contractual conditions are within our Main sources of market Market risks arise from both trading – Trading market trading for core Management. – Non-trading market risks personal business, the Investment Bank’s – Group Treasury assumes market risks in the the Group’s liquidity and – Equity defined benefit pension Overview of measurement, – Market risk limits granular levels in the various business – Management value-at-risk (VaR) and some non-trading market by Market & Treasury Risk Control, – Our primary portfolio measures of market business divisions and – These measures Our trading businesses are subject to multiple market risk and quality. – Trading market new within limits. We do not hedges. – Issuer risk maximum default exposure (the – Non-trading management of consolidated capital activity. Our Market & risk-taking activities across the limit, set by the BoD, Limits are also set ratio. Non-trading interest which flow into our risk appetite framework. Equity and debt investments are management and and stress testing metrics. VaR (holding period) at an set time horizon. We simulates returns quantifies general approach, using a five-year look-back window. Risk factor returns for and Systematic returns are based on historical simulation, and residual returns on a Monte Carlo simulation. VaR model profit or loss distribution is derived from the sum systematic and When changes. returns using absolute returns Our VaR model does office systems, enabling us We use (RWA), establish risk limits and measure 95 % confidence level with a 1-day holding the underpin 99 % confidence using observations equally weighted. Additionally, the portfolio populations VaR positions. instead under the securitization approach We also regulatory VaR and is calculated 99 %). Unlike regulatory VaR, 2007 across all one-year look-back windows Management value Functions by general 1 For the year ended USD m Equity Interest rates Credit spreads Foreign exchange Commodities Min. 2 8 4 2 2 Max. 17 18 9 11 7 Average 6 10 5 3 3 31.12.22 6 10 4 3 3 Total management VaR, 6 18 11 9 Average (per business division and risk Global Wealth Management 1 2 1 1 0 1 1 0 0 Personal & Corporate Banking 0 0 0 0 0 0 0 0 0 Asset Management 0 0 0 0 0 0 0 0 0 Investment Bank 6 17 10 8 6 9 5 3 3 Group Functions 3 5 4 5 1 4 3 1 0 Diversification effect 2,3 (5) (5) (1) (3) (4) (1) 0 For the year ended USD m Equity Interest rates Credit spreads Foreign exchange Commodities Min. 1 7 5 1 2 Max. 35 13 11 9 5 Average 7 9 7 3 3 31.12.21 8 11 7 6 3 Total management VaR, 4 36 11 12 Average (per business division and risk type) Global Wealth Management 1 3 1 2 0 1 2 0 0 Personal & Corporate Banking 0 0 0 0 0 0 0 0 0 Asset Management 0 0 0 0 0 0 0 0 0 Investment Bank 3 36 11 11 7 9 7 3 3 Group Functions 4 8 5 4 0 4 4 1 0 Diversification effect 2,3 (6) (5) 0 (5) (5) (1) 0 1 Statistics at individual line or risk type, being driven by the extreme rendering invalid the simple a whole. Actual realized market risk losses may – VaR is calibrated to a specified level of – The capture market risk of positions that cannot – In portfolios. This may happen due – Effects sensitivities, calculations. – Using a use of after periods of increased volatility, time influenced by the length of SVaR is subject the five-year data Therefore, although historical five-year period used for management and regulatory to reduce the procyclicality of the We recognize metrics with material completeness of risk our liquidity-adjusted stress and comprehensive We also have a framework to identify and risks as risks of regulatory VaR and In the fourth increased the The resulting increase arising from the introduction Interest rate risk banks, Loans and amortized cost, Customer deposits, hedge statement, depending on Our largest Management and Personal & Corporate Banking, as well as from debt issuance, liquidity buffers and interest rate hedges in Group Treasury. The inherent interest rate risks stemming from Global Wealth Management and Banking are duration assigned to equity, possible, rate risk is mainly hedged with interest rate swaps, to the vast majority of which we apply hedge accounting. exposures and most of accounted for on a mark-to-market basis. Long-term fixed-rate debt issued swaps are designated Risk management and governance IRRBB is measured – Economic value of cash measures, and netted FINMA requirements) applies granular internal interest rate shock – Net horizon, which implied forward rates and assuming are contribution from cash held at central banks. We actively exposure at consolidated and The Group Asset and Liability Committee (ALCO) and, where relevant, ALCOs at a legal entity level perform independent oversight over the management of IRRBB, › Refer to “Group Internal more information Key modeling assumptions The cash margins and Our external issuances are discounted using UBS’s senior debt curve, and capital instruments are modeled to the first call date. NII sensitivity, balance sheet structure and The average to protect by simulating and applying a We use agency mortgage-backed securities (MBSs) held in various liquidity portfolios of UBS Americas Holding LLC consolidated. These scenarios. testing. Swiss mortgages and fixed-term redemption penalties. The EVE 25.0 m as 29.9 m driven by (as per specific FINMA requirements) The majority of our modeled 19.6 m (31 December 22.1 m) assigned estate, with the aim of generating a stable NII contribution. Of this, USD 14.0 m and USD 4.8 m are attributable to the US dollar and the Swiss franc portfolios, respectively 15.6 m and USD 5.5 m, respectively). In addition The “Parallel change in EVE of 4.6 bn, or 7.9 %, of 6.0 bn, or 10.0 %), which is well below 15 % threshold as per the banking book. The immediate effect on our tier 1 capital in the “Parallel up” scenario as of 31 decrease of USD 0.4 bn, or 0.6 % (31 December 2021: USD 1.1 bn, or 1.8 %), reflecting the fact that our banking have a positive effect on NII, UBS book’s specific risk profile. Net interest income sensitivity The main NII Our sensitivity is assessed degrees of and +200 basis points under We make direct investments in a variety of entities and with exchange companies via inception or to demonstrate that our interests align with those of investors. agreement to buy, The investments are generally For these reasons, we generally However, such equity investments are subject by business senior management. They are risk appetite framework. As of 3.0 bn, of 1.9 bn was classified as Financial assets at fair 1.1 bn as Investments in associates . Debt investments 31 December 2022 categorized as money market instruments and The risk control framework applied to debt instruments classified as Financial assets measured at fair value through other comprehensive exposures may be included They framework. Debt instruments value of USD 2.2 bn as of 31 December 2022, compared with USD 8.8 bn as of 31 December 2021. Effective from 1 April 2022, comprehensive income with a 6.9 bn to Other financial assets the principles in IFRS 9, Financial Instruments , which require a reclassification for managing financial assets. |
MD&A - Capital management
MD&A - Capital management | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Objectives Policies And Processes For Managing Capital Explanatory | An adequate internal assessment and regulatory requirements We regulatory requirements, is on achieving an optimal as well divisions projections, which are reflected The annual It is based on an attribution Limits and targets are In the target risk exposure expected accounting policy changes. Reconciliation of IFRS equity USD m 31.12.22 31.12.21 Total IFRS equity 57,218 61,002 Equity attributable to non-controlling (342) (340) Defined benefit plans, net of tax (311) (270) Deferred tax assets recognized for tax loss carry- (4,077) (4,565) Deferred tax assets on temporary differences, (64) (49) Goodwill, net of tax 1 (5,754) (5,838) Intangible assets, net of tax (150) (180) Compensation-related components (not recognized (2,287) (1,700) Expected losses on advanced internal ratings (471) (482) Unrealized (gains) / losses from cash flow hedges, 4,234 (628) Own credit related to (gains) / losses on financial liabilities (523) 315 Own credit related to (gains) / losses on derivative (105) (50) Unrealized gains related to financial assets at fair value through 0 (68) Prudential valuation adjustments (201) (167) Accruals for dividends to shareholders (1,683) (1,700) Other (29) 1 Total common equity tier 1 capital 45,457 45,281 1 Includes goodwill related to significant 20 m as of 31 December 2022 22 m) presented on the balance Our CET1 related to equity to CET1 capital Our CET1 capital increased by USD 0.2 bn to USD 45.5 bn as of 31 December 2022, mainly as a result of operating before 9.6 bn 1.4 bn, USD 5.6 bn under 1.7 bn, negative foreign USD 0.5 bn and compensation- and 0.3 bn. › Refer to “UBS shares” Our 2.3 bn 12.9 bn, 5 December 2022 CH0400441280, with a nominal amount of USD 2.0 bn, issued on 31 January 2018; this instrument ceased to be eligible as AT1 capital when the call was announced in December 2022), a call of a 1.1 bn equivalent AT1 capital instrument denominated in by 1.8 bn equivalent. Our total gone concern loss-absorbing capacity increased 2.7 bn 47.0 bn as and included USD 44.0 bn of TLAC-eligible |
UBS AG | |
Entity [Table] | |
Disclosure Of Objectives Policies And Processes For Managing Capital Explanatory | Reconciliation of IFRS equity As of 31.12.22 USD m UBS Group AG (consolidated) UBS AG (consolidated) Difference Total IFRS equity 57,218 56,940 278 Equity attributable to non-controlling (342) (342) Defined benefit plans, net of tax (311) (311) Deferred tax assets recognized for tax loss carry- (4,077) (4,077) Deferred tax assets on temporary differences, (64) (262) 198 Goodwill, net of tax (5,754) (5,754) Intangible assets, net of tax (150) (150) Compensation-related components (not recognized (2,287) (2,287) Expected losses on advanced internal ratings (471) (471) Unrealized (gains) / losses from cash flow hedges, 4,234 4,234 Own credit related to (gains) / losses on financial liabilities (523) (523) Own credit related to (gains) / losses on derivative financial (105) (105) Unrealized gains related to financial assets at fair value through 0 0 Prudential valuation adjustments (201) (201) Accruals for dividends to shareholders (1,683) (6,000) 4,317 Other (29) (51) 22 Total common equity tier 1 capital 45,457 42,929 2,528 |
Material accounting policies (P
Material accounting policies (Policies) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Basis of accounting | Basis of accounting The Financial issued by the International Accounting Standards Disclosures marked as audited in an integral part of the Financial Statements. These disclosures relate to requirements under Financial Instruments: Disclosures, Presentation of Financial Statements, and are not repeated The stated in Note 1b. |
Critical accounting estimates and judgments | Critical accounting estimates and judgments Preparation of these of assets, liabilities, income and expenses, Such estimates experience, expectations of necessary. Changes from UBS’s estimates, The Statements: – expected credit loss measurement – fair value measurement ( – income taxes (refer to item – provisions and contingent liabilities – post-employment benefit plans – goodwill (refer – consolidation of structured |
Consolidation | 1) Consolidation The Financial presented as all entities that activities of returns. Consideration is given to all facts the current ability to direct the relevant activities Subsidiaries, when control ceases. Control, to one or more elements req Business measured at the non-controlling Critical accounting estimates and judgments Each individual requires the use of significant judgment is unique When carrying out the consolidation assessment, judgment of the investee, as well as the substance |
Financial instruments | 2) a. Recognition UBS settlement date accounting to In transactions where UBS acts as by the transferor, UBS does UBS also acts in a benefit plans satisfied, Statements. Client cash balances associated with derivatives if, balances. b. Classification, measurement and Financial assets Where the contractual (SPPI) on within a business model that has an objective of holding financial assets to collect contractual cash through other both collecting contractual cash flows All other those accounting requirements apply (refer to item Business model assessment and UBS particular business objective. In assessing whether contractual cash flows are asset instrument. This assessment includes (ESG) triggers. Financial liabilities Financial liabilities measured at amortized Debt issued measured at amortized cost includes which the tier 1 (CET1) event has variable specific to a party to the contract. If a debt were to be written down or converted into equity in with statement. A gain or loss is recognized Other income activities. A subsequent Financial liabilities measured at fair value UBS designates certain issued debt instruments as financial liabilities at fair such financial the instruments instruments. Measurement and presentation After initial recognition, UBS classifies, measures and presents its financial assets and liabilities in accordance with as described in the table below. Classification, measurement Financial assets classification Significant items included Measurement and Measured at amortized cost This classification includes: – cash and balances at central banks; – loans and advances to banks; – receivables from – cash collateral receivables instruments; – residential and – corporate loans; – secured loans, including Lombard unsecured loans; – loans to financial advisors; and – debt securities held as high (HQLA). Measured at amortized method less allowances (refer to items 2d and 2g in The following items are recognized statement: – interest income, which is with item 2d in this Note; – ECL and reversals; – foreign exchange (FX) When a financial asset at amortized the gain or loss is recognized For amounts arising from see below in this table. Measured at FVOCI Debt instruments measured at FVOCI This classification primarily includes and certain asset-backed securities Measured at fair value reported in Other comprehensive income, net of applicable income taxes, until such investments Upon derecognition, any accumulated Other comprehensive income are reclassified to the income statement and reported Other income. The following items, which are basis as for financial assets measured recognized in the income – interest income, which is with item 2d in this Note; – ECL and reversals; and – FX translation gains and losses. Classification, measurement Financial assets classification Significant items included Measurement and Measured at FVTPL Held for trading Financial assets held for – all derivatives with a positive those that are designated instruments; and – other financial assets acquired purpose of selling or repurchasing that are part of a instruments that are managed there is evidence of a recent term profit taking. Included instruments (including those money market paper, loans) and equity instruments. Measured at fair value income statement. Derivative assets (including and effective hedging instruments) presented as Derivative financial instruments , except those exchange-traded derivatives (ETD) (OTC)-cleared derivatives that are basis or economically net are presented within Cash collateral receivables on derivative instruments. Changes in fair value, initial transaction and gains and losses arising recognized in Other net income from financial instruments measured at fair value except interest income on instruments derivatives (refer to item 2d derivatives designated as hedging of interest rate risk and and long-duration FX contracts acting hedges, which are reported Net interest income. Changes in the fair designated and effective presented either in the income Other comprehensive income , depending on the type of hedge relationship (refer information). Mandatorily measured at FVTPL – Other This classification includes financial asset measured at FVTPL that are follows: – certain structured loans, certain receivables from are managed on a fair – loans managed on a fair hedged with credit derivatives – certain debt securities held as HQLA and fair value basis; – certain investment fund holdings hedge delivery obligations related employee compensation plans; – brokerage receivables, do not meet the SPPI criterion balance is accounted for as a with interest being calculated components; – auction rate securities, for do not meet the SPPI criterion reset at rates that contain leverage – equity – assets held under unit-linked investment Classification, measurement Financial liabilities classification Significant items included Measurement and Measured at amortized cost This classification includes: – demand and time deposits; – retail savings / deposits; – sweep deposits; – payables – non-structured debt – subordinated debt; – commercial paper and – cash collateral payables on derivative Measured at amortized method. When a financial liability at amortized derecognized, the gain statement. Interest Income generated derecognized pursuant is presented within Net interest income from financial instruments measured at fair value and other . Measured at FVTPL Held for trading Financial liabilities held for trading include: – all derivatives with a negative replacement (including certain loan commitments) that are designated and instruments; and – obligations to deliver financial debt and equity instruments, third parties but does not Measurement and presentation classified at FVTPL follow the financial assets classified at FVTPL, except of change in the fair value o designated at FVTPL that is UBS’s own credit Other comprehensive income Retained earnings and is never reclassified to the income Derivative liabilities (including derivatives designated and effective generally presented as Derivative financial instruments, except those exchange derivatives that are legally settled economically net settled on a daily presented within Cash collateral payables on derivative instruments. Designated at FVTPL UBS designates liabilities: – issued hybrid debt instruments equity-linked, credit notes; – issued debt instruments managed basis; – certain payables from transactions; – amounts due under unit the cash flows of which are measured at FVTPL and eliminate mismatch; – brokerage payables, which arise brokerage receivables achieve measurement consistency. |
Loan commitments | Loan commitments commitments |
Financial guarantee contracts | Financial guarantee contracts are incurred loss debt instrument. |
Interest income and expense | d. Interest calculating the effective interest rate (the EIR) for financial instruments (other than credit-impaired financial UBS estimates future cash flows considering the EIR applied to the gross when EIR allowance. Upfront fees, including direct costs are and recognized over the expected life of Fees related does not effective Net and recognized over the life of the commitment Interest expense expense, except when interest rates are |
Derecognition | e. Derecognition Financial assets UBS derecognizes a transferred financial asset, or a portion of a financial asset, if the all the risks and rewards of the asset or a significant part of the risks and rewards combined with a practical ability to sell or pledge the asset. Where transferred evidenced financial asset is retained, by the extent to which it is exposed Financial liabilities UBS discharged, substantially derecognized income statement. Certain OTC derivative counterparties and exchanges are considered on a daily basis represents |
Fair value of financial instruments | f. UBS accounts for a significant portion date that would be received for the participants in the principal market, or in Critical accounting estimates and judgments The use significant unobservable participants would consider UBS‘s from changing significant |
Allowances and provisions for expected credit losses | g. ECL are receivables, undrawn portion credit facilities, as UBS is exposed to credit risk because the borrower take credit risk mitigation actions. Recognition of expected credit losses ECL are recognized on – Stage 1 instruments: Maximum 12-month ECL are recognized from initial cash shortfalls that would a default occurring. – Stage 2 instruments: Lifetime ECL are recognized if to events over no longer observed, the instrument will – Stage 3 the occurrence Credit-impaired exposures they are expected to be fully recoverable through – Changes in lifetime ECL since initial recognition impaired (POCI). with a defaulted counterparty; All or part of of a claim written off are generally credited to Credit loss expense / (release) . ECL are recognized in the income statement in Credit loss expense / (release) . A corresponding ECL allowance is reported as a decrease assets that Other comprehensive . For presented in Provisions. Default and credit impairment UBS counterparty classified as defaulted based Measurement of expected credit losses IFRS 9 ECL The method (LGD) and on the approach is applied that derives are point-in-time material portfolios, PDs and LGDs are independent. For the purpose (A-IRB) models that are also and developed that consider the complexity, structure PDs and LGDs used in parameters. All models oversight processes. Probability of default: PD represents the probability of default determined the remaining lifetime industry and information. Exposure at default: EAD represents an estimate of the exposure to credit considering expected repayments, interest payments are considered and the characteristics of the respective portfolios. Loss given default: LGD represents an estimate expected proceedings for unsecured commonly expressed Estimation of expected credit losses Number of scenarios and estimation Determination of especially with a view To represented risks, and for which for economic or changes in the nature The determined not that the chosen particular narratives with Macroeconomic and other factors The range and historical information availability of purposes, UBS projects the relevant economic factors for a period of three to cycle-neutral PD and LGD for longer Factors relevant taken into account, with specific focus For UBS, the following forward-looking macroeconomic variables represent the most relevant factors for ECL calculation: – GDP growth rates, given their significant – unemployment rates, given their significant effect – house price indices, given their significant – interest rates, given their significant effect on – consumer price and economic stability; and – equity indices, given that they are an Scenario generation, review process and A team of with involvement from a broad The IFRS 9 Scenario and Group may not be allowance. The framework, ratifies the decisions ECL measurement period The period credit commitments for which UBS has an Additionally, some financial instruments include both the client has estimate the period defined contractual maturity date, are as one exposure. with credit actions triggered when balances are past due. An ECL measurement card limits, capped at 12 months Customary master credit commitments. negative indicators. The risk events Larger corporate facilities are not subject to RbM, has assessed these credit risk management substantive period from is exposed reporting date. Significant increase in credit risk Financial maximum since initial Primarily, UBS forward-looking and – at the reporting date; and – at inception of the instrument. If, based the instrument is transferred to stage 2 The threshold for those financial asset PIT applied are defined on Irrespective of increased portfolios, specifically the Swiss SICR. Where instruments are transferred to stage 2 due to is applied before a transfer Wealth Management stage 3, a one-year period is applied Additionally, economic conditions, counterparties may be an sharing the same credit risk character In general, the overall SICR determination process does not apply to Lombard loans, securities financing transactions and certain monitoring stage 3 position. In exceptional cases, an individual adjustment of specific facts. Credit risk different . mainly arises because requirements are instrument-specific, such that a borrower can have multiple maturing loans in stage 2 risk-based determine what risk-mitigating actions Critical accounting estimates and judgments The calculation of ECL requires management to apply significant timing and amount of ECL recognized. Determination of a significant IFRS Management Forum has Scenarios, scenario weights and macroeconomic ECL reflect looking Sounding Sessions, to determine whether any additional ECL measurement period Lifetime ECL are generally determined based upon the contractual maturity of the transaction, which significantly affects ECL. callable master credit facilities, judgment for credit card limits, capped Modeling and post-model adjustments A number of affect ECL. The models are governed Management Forum and endorsed A sensitivity analysis covering |
Restructured and modified financial assets | h. Restructured and When payment default financial difficulties extension of maturity, Modifications result in an alteration of future contractual cash flows as part financial asset being derecognition, any difference between the modified contractual gross carrying amount of the given financial |
Offsetting | i. Offsetting UBS recognized simultaneously. transactions with various counterparties, In simultaneously, emphasis all credit and liquidity exposure between substantial arrangements. Repurchase the settlement and payables in a single |
Hedge accounting | . Hedge accounting The effectiveness discontinued. Voluntary Fair value hedges of interest rate risk The amount hedging instrument. Fair value hedges of FX risk related to The fair value change of the item and foreign currency basis spread of cross-currency swaps designated as hedging derivatives is excluded from and Other comprehensive Equity . amounts are released to the Discontinuation of fair value hedges Discontinuations for reasons other which method. If the hedged item is derecognized, is recognized immediately in the income Cash flow hedges of Fair value gains or losses associated repricing Other comprehensive within Equity Interest income from financial Interest expense affect profit transactions statement. Hedges of net investments in foreign Gains or losses Other comprehensive income Equity, while any gains (for example, disposal of Equity the entity is reclassified to Other income . Interest Rate Benchmark Reform UBS continues with alternative risk-free to exist, such that forecast consequential impact on the risk-free interest rates, UBS Amendments to IFRS 9, Rate Benchmark Reform – Phase 2), where applicable . |
Fee and commission income and expenses | 3) UBS broad clients’ underwriting execution and clearing). UBS recognizes Where the contract requires services to be provided over time, income is recognized the agreement. Consideration nature of UBS’s business, to include e.g., judgment in allocating the consideration PIT services where the amount of revenue is known when the performance obligation is met. Fixed a straight-line to customer’s performance period. to contingencies beyond UBS’s UBS’s component term nature of such contracts, significant contract assets or liabilities. UBS presents expenses primarily in line with their nature in the are directly which Total Fee , personnel, general and administrative Operating expenses . For and clearing services (where payable to other parties not recognized from the given client. |
Share-based and other deferred compensation plans | 4) Share-based and other deferred UBS service to affected by restructuring programs or mutually agreed termination provisions, recognition to the who compensation expense grant date. Share-based compensation plans Share-based compensation grant, taking transfer restrictions in effect For equity-settled awards, incremental estimate of performance conditions. For equity-settled relate to a service or performance condition) For recognized equals the cash distributed. Other deferred compensation plans Compensation depending expected to be paid under the plan and is remeasured at equals the cash or the fair value of |
Post-employment benefit plans | 5) Defined benefit plans Defined benefit plans specify an amount of benefit that an employee will receive, which usually depends on one or more factors, the present value of the of Other comprehensive income . If the fair value of the plan’s obligation, the recognition form of obligation or employer, and Critical accounting estimates and judgments The net defined benefit liability or asset at the balance sheet date and the related personnel expense depend on the expected future benefits to be provided, determined significantly alter rate, movements in each significant assumption Defined contribution plans A benefits are paid. UBS has assets to pay employees is recognized contribution. Prepaid payments is available. |
Income taxes | 6) UBS is subject to the income operations. The Group’s provision for income taxes is composed to be paid or refunded Deferred tax amounts periods. measured reporting period and DTAs are differences can extent there are sufficient will be available against which the Deferred and current tax assets to the same be settled net or realized simultaneously. Current and deferred taxes are recognized and deferred taxes recognized in relation amount effects Equity ); FVOCI; (iv) changes in fair value of benefit plans; (vi) above are recognized in Other comprehensive income Equity . UBS considered probable by adjusting current or deferred value methods, the uncertainty will be resolved. Critical accounting estimates and Tax the remaining tax future profitability and Forecasts are required income statement. In addition, judgment the resolution of any income tax-related |
Property, equipment and software | 7) Property, development costs are capitalized benefits calculated on a straight line basis over an Property, alongside goodwill and intangible assets as described in item 8 in this assets property that has that would be currently required by a market participant to replace the service capacity longer used, they are tested individually for impairment. |
Goodwill | 8) Goodwill Goodwill liabilities acquired that arises in a end irrespective of whether An impairment charge is recognized in the income cash-generating Critical accounting estimates and judgments UBS‘s methodology available to shareholders Earnings available to shareholders rates management. The key assumptions changes to those assumptions. |
Provisions and contingent liabilities | 9) Provisions are liabilities Provisions, Contingent , when: probable that an outflow of resources of the obligation can be The majority of UBS’s provisions relate to litigation, Restructuring provisions scope of for employee benefits relate measurement principles Provisions IAS 37 provisions are measured at the balance sheet date. When conditions required to recognize a provision an outflow events, the existence of which will Critical accounting estimates and judgments Recognition of provisions probability, nature, are The amount matter. Management regularly reviews provisions have been satisfied and |
Foreign currency translation | 10) Transactions spot FVOCI, closing exchange rate. Translation Other net income fair value through profit or loss . Non-monetary items measured Upon consolidation, the closing exchange rate translated at the average Equity and reclassified longer controls the Share between the historic average reported as Share premium. Other and financial assets measured translation effects Retained earnings . |
Equity, treasury shares and contracts on UBS Group AG shares | 11) Proceeds from Share capital in Share premium . UBS Group AG shares held UBS Group in Equity Treasury Equity The difference between reported as Share premium . Contracts on UBS Group AG Contracts involving settlement option that includes a choice of |
UBS AG | |
Entity [Table] | |
Basis of accounting | Basis of accounting The Financial issued by the International Accounting Standards Disclosures marked as audited in an integral part of the Financial Statements. These disclosures relate to requirements under Financial Instruments: Disclosures, Presentation of Financial Statements, and are not repeated The stated in Note 1b. |
Critical accounting estimates and judgments | Critical accounting estimates and judgments Preparation of these of assets, liabilities, income and expenses and disclosure, Such estimates and assumptions are based on the historical experience, as necessary. significantly The Statements: – expected credit loss measurement – fair value measurement (refer – income taxes (refer to item – provisions and contingent liabilities – post-employment benefit plans – goodwill (refer – consolidation of structured |
Consolidation | 1) Consolidation The economic entity; controls, entity; Consideration is the current ability to direct the relevant activities Subsidiaries, when control ceases. Control, to one or more elements required Business measured at the non-controlling Critical accounting estimates and judgments Each individual requires involvement is unique may not. and activities of the investee, as well as |
Financial instruments | 2) a. Recognition UBS AG applies settlement date accounting In derecognition by the transferor, UBS retirement benefit criteria are Financial Statements. Client cash balances associated with derivatives if, through balances. b. Classification, measurement and Financial assets Where the contractual (SPPI) on within a business model that has an objective of holding financial assets to collect contractual cash through other both collecting contractual cash flows All other those accounting requirements apply (refer to item Business model assessment and UBS particular business objective. In assessing whether contractual asset instrument. This assessment includes (ESG) triggers. Financial liabilities Financial liabilities measured at amortized Financial liabilities Debt issued Funding from Group measured . containing upon Supervisory Authority underlying is deemed to be If a debt were to be written down or converted into equity in with statement. A gain or loss is recognized Other income activities. A subsequent Financial liabilities measured at fair value UBS AG designates certain that such financial instruments include non of the instrument instruments instruments. Measurement and presentation After initial IFRS 9, as described in the table Classification, measurement Financial assets classification Significant items included Measurement and Measured at amortized cost This classification includes: – cash and balances at central banks; – loans and advances to banks; – receivables from – cash collateral receivables instruments; – residential and – corporate loans; – secured loans, including Lombard unsecured loans; – loans to financial advisors; – debt securities held as high (HQLA). Measured at amortized method less allowances (refer to items 2d and 2g in The following items are recognized statement: – interest income, which is with item 2d in this Note; – ECL and reversals; – foreign exchange (FX) When a financial asset at amortized the gain or loss is recognized For amounts arising from see below in this table. Measured at FVOCI Debt instruments measured at FVOCI This classification primarily includes and certain asset-backed securities Measured at fair value reported in Other comprehensive income, net of applicable income taxes, until such investments Upon derecognition, any accumulated Other comprehensive income are reclassified to the income statement and reported Other income. The following items, which are basis as for financial assets measured recognized in the income – interest income, which is with item 2d in this Note; – ECL and reversals; and – FX translation gains and losses. Classification, measurement Financial assets classification Significant items included Measurement and Measured at FVTPL Held for trading Financial assets held for – all derivatives with a positive those that are designated instruments; and – other financial assets acquired purpose of selling or repurchasing that are part of a portfolio instruments that are managed there is evidence of a recent term profit taking. Included instruments (including those money market paper, loans) and equity instruments. Measured at fair value income statement. Derivative assets (including and effective hedging instruments) presented as Derivative financial instruments , except those exchange-traded derivatives (ETD) (OTC)-cleared derivatives that are basis or economically net are presented within Cash collateral receivables on derivative instruments. Changes in fair value, initial transaction and gains and losses arising recognized in Other net income from financial instruments measured at fair value except interest income on instruments derivatives (refer to item 2d derivatives designated as hedging of interest rate risk and and long-duration FX contracts acting hedges, which are reported Net interest income. Changes in the fair designated and effective presented either in the income Other comprehensive income , depending on the type of hedge relationship (refer information). Mandatorily measured at FVTPL – Other This classification includes financial asset measured at FVTPL that are follows: – certain structured loans, certain receivables from are managed on a fair – loans managed on a fair hedged with credit derivatives – certain debt securities held as HQLA and fair value basis; – certain investment fund holdings hedge delivery obligations related employee compensation plans; – brokerage receivables, do not meet the SPPI criterion balance is accounted for as a with interest being calculated components; – auction rate securities, for do not meet the SPPI criterion reset at rates that contain leverage – equity instruments; – assets held under unit-linked investment Classification, measurement Financial liabilities classification Significant items included Measurement and Measured at amortized cost This classification includes: – demand and time deposits; – retail savings / deposits; – sweep deposits; – payables – non-structured debt – subordinated debt; – commercial paper and – obligations against funding – cash collateral payables on derivative Measured at amortized method. When a financial liability at amortized derecognized, the gain statement. Interest Income generated derecognized pursuant is presented within Net interest income from financial instruments measured at fair value and other . Measured at FVTPL Held for trading Financial liabilities held for trading include: – all derivatives with a negative replacement (including certain loan commitments) that are designated and instruments; and – obligations to deliver financial debt and equity instruments, third parties but does not Measurement and presentati classified at FVTPL follow the financial assets classified at FVTPL, except of change in the fair value of a designated at FVTPL that is AG’s own credit risk is Other comprehensive income Retained earnings and is never reclassified to the income Derivative liabilities (including derivatives designated and effective generally presented as Derivative financial instruments, except those exchange derivatives that are legally settled economically net settled on a presented within Cash collateral payables on derivative instruments. Designated at FVTPL UBS AG designates liabilities: – issued hybrid debt instruments equity-linked, credit notes; – issued debt instruments managed basis; – obligations against funding managed on a fair value basis – certain payables from transactions; – amounts due under unit the cash flows of which are measured at FVTPL and eliminate mismatch; – brokerage payables, which arise brokerage receivables achieve measurement consistency. |
Loan commitments | Loan commitments commitments |
Financial guarantee contracts | Financial guarantee contracts are contracts that require an incurred loss because a specified debtor fails to make debt instrument. |
Interest income and expense | d. Interest calculating the effective interest rate (the EIR) for financial instruments (other than credit-impaired financial UBS AG with However, applying the credit loss allowance. Upfront fees, including direct costs are and recognized over the expected life of Fees related AG does not retain a portion of the syndicated loan or where UBS AG does retain a portion of the syndicated loan at the same effective yield for comparable risk as other participants, Net fee and commission income and either recognized over the life of the commitment Interest expense expense, except when interest rates are |
Derecognition | e. Derecognition Financial assets UBS substantially all the risks and rewards of the asset or a significant part of the risks and rewards ability to sell or pledge the asset. Where transferred evidenced financial determined by the extent to which it is exposed Financial liabilities UBS discharged, canceled or expires. When substantially derecognized income statement. Certain OTC derivative counterparties and exchanges are considered on a daily basis represents |
Fair value of financial instruments | f. UBS measurement date between market participants market. Critical accounting estimates and judgments The use significant unobservable participants would consider UBS AG’s governance framework over fair value measurement is arising from changing significant |
Allowances and provisions for expected credit losses | g. ECL are receivables, undrawn master credit before UBS AG can take credit Recognition of expected credit losses ECL are recognized on – Stage 1 instruments: Maximum 12-month ECL are recognized from initial cash shortfalls that would result a default occurring. – Stage 2 instruments: Lifetime ECL are recognized if to events over no longer observed, the instrument will – Stage 3 the occurrence Credit-impaired exposures they are expected to be fully recoverable through – Changes in lifetime ECL since initial recognition impaired (POCI). with a defaulted counterparty; All or part of of a claim written off are generally credited Credit loss expense / (release) . ECL are recognized in the income statement in Credit loss expense / (release) . A corresponding ECL allowance is reported as a decrease assets that Other comprehensive . For presented in Provisions. Default and credit impairment UBS AG applies a single counterparty classified as defaulted based Measurement of expected credit losses IFRS 9 ECL The method (LGD) and on the approach is applied that derives are point-in-time material portfolios, PDs and LGDs are independent. For the based framework and Pillar 2 stress loss models. Adjustments have been developed that consider the complexity, structure and risk profile of relevant portfolios and take account of the fact that PDs and LGDs used in the ECL calculation are PIT-based, as opposed to the corresponding Basel III through-the-cycle (TTC) validation and oversight processes. Probability of default: PD represents the probability of default determined the remaining lifetime industry and information. Exposure at default: EAD represents an estimate of the exposure to credit considering expected repayments, interest are considered and the characteristics of the Loss given default: LGD represents an estimate expected proceedings for unsecured commonly expressed Estimation of expected credit losses Number of scenarios and estimation Determination of especially with a view To accommodate represented risks, and for which for economic or changes in the nature The determined not that the chosen particular narratives with Macroeconomic and other factors The range and historical information availability of purposes, period, to cycle-neutral PD and LGD for longer Factors relevant taken into account, with specific focus For calculation: – GDP growth rates, given their significant – unemployment rates, given their significant effect – house price indices, given their significant – interest rates, given their significant effect on – consumer price and economic stability; and – equity indices, given that they are an Scenario generation, review process and A team of with involvement from a broad The IFRS 9 Scenario and Group may not be allowance. The framework, ratifies the decisions ECL measurement period The period to commitments for which UBS AG has an Additionally, some financial instruments include both the contractual cancellation right client has the ability to estimate have a defined managed as portfolio level, with applied for credit card limits, capped at to credit risk. Customary master credit commitments. negative indicators. The risk events Larger corporate facilities are not subject to AG has assessed these credit risk management practices and considers both the as substantive period from AG is reporting date. Significant increase in credit risk Financial maximum since initial Primarily, UBS AG assesses changes in an instrument’s forward-looking and – at the reporting date; and – at inception of the instrument. If, based and the instrument is transferred to The threshold for those financial asset PIT applied are defined on Irrespective of increased portfolios, specifically the Swiss SICR. Where instruments are transferred to stage 2 due to is applied before a transfer Wealth Management stage 3, a one-year period is applied Additionally, economic conditions, counterparties may be moved an sharing the same credit risk characteristics In general, the overall SICR determination process does not apply to Lombard loans, securities financing transactions and certain monitoring stage 3 position. In exceptional cases, an individual adjustment of specific facts. Credit risk different . mainly arises because requirements are instrument-specific, such that a borrower can maturing loans in stage 2 risk-based determine what risk-mitigating actions Critical accounting estimates and judgments The calculation of ECL requires management to apply significant judgment and make timing and amount of ECL recognized. Determination of a significant IFRS 9 does Management Forum has Scenarios, scenario weight ECL reflect forward-looking scenarios that include relevant macroeconomic variables Sounding Sessions, to determine whether any ECL measurement period Lifetime ECL are generally determined based upon the contractual maturity of the transaction, which significantly affects ECL. callable master applied for credit card limits, Modeling and post-model adjustments A number of affect ECL. The models ECL Management Forum and endorsed A sensitivity analysis covering |
Restructured and modified financial assets | h. Restructured and When payment default is expected, in financial difficulties extension of maturity, Modifications result in an alteration of or as part of a financial asset being derecognition, any difference between the modified contractual gross carrying amount of the given financial |
Offsetting | i. Offsetting UBS AG presents financial assets and liabilities on its balance sheet net if (i) it recognized simultaneously. transactions with various counterparties, In simultaneously, emphasis all credit and liquidity exposure between substantial amounts of UBS arrangements. Repurchase the settlement and payables in a single |
Hedge accounting | j. Hedge accounting UBS AG applies hedge accounting are met. Voluntary discontinuation Fair value hedges of interest rate risk The amount hedging instrument. Fair value hedges of FX risk related to The fair value change of the item and foreign currency basis spread of cross-currency swaps designated as hedging derivatives is excluded from and Other comprehensive Equity . amounts are released to the Discontinuation of fair value hedges Discontinuations for reasons other which method. If the hedged item is derecognized, is recognized immediately in the income Cash flow hedges of Fair value gains or losses associated repricing Other comprehensive within Equity Interest income from financial Interest expense affect profit transactions statement. Hedges of net investments in foreign Gains or losses Other comprehensive income Equity, while any gains (for example, disposal of Equity the entity is reclassified to Other income . Interest Rate Benchmark Reform UBS replaced with will continue with little or no consequential by alternative risk-free Amendments to IFRS 9 and IFRS 16 (Interest Rate Benchmark where applicable . |
Fee and commission income and expenses | 3) UBS AG earns fee income from the diverse range of broad clients’ underwriting execution and client. life of the agreement. Consideration nature considered to the client, e.g., significant judgment in allocating the PIT services where the amount of revenue is known when the performance obligation is met. Fixed a straight-line to customer’s performance related to contingencies beyond UBS AG’s fees are generally earned from short-term contracts. As a result, UBS AG’s contracts component term nature of such any significant contract assets or liabilities. UBS AG presents expenses that revenues, which are generally presented within Total revenues Fee and commission expense , and those that are to Operating . execution statement, associated income collected from the given |
Share-based and other deferred compensation plans | 4) Share-based and other deferred UBS AG recognizes expenses for deferred compensation awards over the period that the employee is required to provide service to affected by restructuring programs or mutually agreed termination provisions, recognition to the who compensation expense grant date. Share-based compensation plans UBS Group AG is the grantor of to employees share-based payment transactions. the fair value of UBS Group inherent in market conditions, and non For equity-settled awards, incremental estimate of performance conditions. For equity-settled relate to a service or performance condition) For recognized equals the cash distributed. Other deferred compensation plans Compensation depending expected to be paid under the plan and is remeasured at equals the cash or the fair value of |
Post-employment benefit plans | 5) Defined benefit plans Defined benefit plans specify an amount of benefit that an employee will receive, which usually depends on one or more factors, the present value of the of Other comprehensive income . If the fair value of the plan’s obligation, the recognition form of obligation or employer, and Critical accounting estimates and judgments The net defined benefit liability or asset at the balance sheet date and the related personnel expense depend on the expected future benefits to be provided, determined significantly alter rate, movements in each significant assumption Defined contribution plans A benefits sufficient Compensation generally in the year of contribution. Prepaid contributions are a reduction in future payments |
Income taxes | 6) UBS AG business operations. UBS AG’s provision for income taxes is composed of current and deferred be paid or Deferred tax amounts periods. measured reporting period and DTAs are recognized differences can extent there are sufficient will be available against which the Deferred and current tax assets to the same be settled net or realized simultaneously. Current and deferred taxes are recognized and deferred taxes recognized in relation amount effects Equity ); FVOCI; (iv) changes in fair value of benefit plans; (vi) above are recognized in Other comprehensive income Equity . UBS AG considered probable by adjusting current or deferred value methods, the uncertainty will be resolved. Critical accounting estimates and Tax laws are complex, and judgment and interpretations about the the remaining tax future profitability and Forecasts are required to prove there income statement. In addition, judgment is required to assess the expected value of uncertain tax positions and the related probabilities, the resolution of any income tax-related |
Property, equipment and software | 7) Property, development costs are capitalized benefits calculated on a straight line basis over an Property, alongside goodwill and intangible assets as described in item 8 in this assets property that has that would be currently required by a market participant to replace the service capacity longer used, they are tested |
Goodwill | 8) Goodwill Goodwill liabilities acquired that arises in a end irrespective of whether An impairment charge is recognized in the income cash-generating Critical accounting estimates and judgments UBS AG‘s methodology for goodwill impairment available to shareholders Earnings available to shareholders rates management. The key assumptions changes to those assumptions. |
Provisions and contingent liabilities | 9) Provisions are liabilities Provisions, Contingent Liabilities and Contingent , when: is probable that an outflow of the obligation can be The benefits. change the scope of the business Provisions accordance with measurement principles set out in item 4 allowances within Provisions credit line. IAS 37 provisions are measured at the balance sheet date. When conditions required to recognize a provision an outflow events, the AG. Critical accounting estimates and judgments Recognition of provisions probability, nature, are The amount matter. Management regularly reviews provisions have been satisfied and |
Foreign currency translation | 10) Transactions spot FVOCI, closing exchange rate. Translation Other net income fair value through profit or loss . Non-monetary items measured Upon consolidation, at the closing exchange rate on the balance sheet date, and income and expense items and other comprehensive income are translated at Equity and UBS AG no longer controls Share between the historic average reported as Share premium. Other and financial assets measured translation effects Retained earnings . |
Equity, treasury shares and contracts on UBS Group AG shares | 11) Contracts involving UBS Group a settlement option that includes a |
Segment reporting (Tables)
Segment reporting (Tables) | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Disclosure Of Operating Segments Explanatory | USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS For the year ended 31 December Net interest income 5,273 2,191 (19) (242) (584) 6,621 Non-interest income 13,694 2,111 2,980 1 8,958 199 27,942 Total revenues 18,967 4,302 2,961 8,717 (385) 34,563 Credit loss expense / (release) 0 39 0 (12) 3 29 Operating expenses 13,989 2,452 1,564 6,832 92 24,930 Operating profit / (loss) before 4,977 1,812 1,397 1,897 (480) 9,604 Tax expense / (benefit) 1,942 Net profit / (loss) 7,661 Additional information Total assets 388,530 235,226 17,348 391,320 71,940 1,104,364 Additions to non-current assets 42 13 1 34 1,970 2,060 | USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS For the year ended 31 December Net interest income 4,244 2,120 (15) 481 (127) 6,705 Non-interest income 15,175 2,143 2,632 8,972 (233) 28,689 Total revenues 19,419 4,263 2,617 9,454 (359) 35,393 Credit loss expense / (release) (29) (86) 1 (34) 0 (148) Operating expenses 14,665 2,618 1,586 6,858 330 26,058 Operating profit / (loss) before 4,783 1,731 1,030 2,630 (689) 9,484 Tax expense / (benefit) 1,998 Net profit / (loss) 7,486 Additional information Total assets 2 395,235 225,370 25,639 346,431 124,507 1,117,182 Additions to non-current assets 56 16 1 30 1,989 2,091 | USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS For the year ended 31 December Net interest income 4,027 2,049 (17) 284 (481) 5,862 Non-interest income 3 13,107 1,858 2,993 9,235 30 27,222 Total revenues 17,134 3,908 2,975 9,519 (452) 33,084 Credit loss expense / (release) 88 257 2 305 42 694 Operating expenses 13,026 2,392 1,519 6,732 567 24,235 Operating profit / (loss) before 4,019 1,259 1,455 2,482 (1,060) 8,155 Tax expense / (benefit) 1,583 Net profit / (loss) 6,572 Additional information Total assets 367,714 231,657 28,589 369,683 128,122 1,125,765 Additions to non-current assets 5 12 385 150 2,294 2,847 1 Includes an USD 848 m gain in Asset resources from Group Functions been USD 26 bn higher, of which USD 14 bn related to the Investment Bank. 631 m net gain on the sale of a majority stake in Fondcenter AG (now Clearstream 571 m was recognized in Asset 60 m was recognized in Global |
Disclosure Of Geographical Areas Explanatory | For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 13.8 40 8.9 46 Asia Pacific 5.6 16 1.5 8 Europe, Middle East and Africa (excluding 7.0 20 2.9 15 Switzerland 7.7 22 6.3 32 Global 0.5 1 0.0 0 Total 34.6 100 19.7 100 For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 14.5 41 9.0 44 Asia Pacific 6.5 18 1.5 7 Europe, Middle East and Africa (excluding 7.0 20 2.9 14 Switzerland 7.8 22 7.1 35 Global (0.3) (1) 0.0 0 Total 35.4 100 20.5 100 For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 13.2 40 9.0 42 Asia Pacific 6.1 18 1.5 7 Europe, Middle East and Africa (excluding 6.5 20 3.0 14 Switzerland 7.1 22 7.6 36 Global 0.1 0 0.0 0 Total 33.1 100 21.1 100 1 During 2022, UBS changed has been updated to reflect | ||
UBS AG | |||
Entity [Table] | |||
Disclosure Of Operating Segments Explanatory | USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS AG For the year ended 31 December Net interest income 5,274 2,192 (19) (241) (688) 6,517 Non-interest income 13,689 2,113 2,980 1 8,958 659 28,398 Total revenues 18,963 4,304 2,961 8,717 (30) 34,915 Credit loss expense / (release) 0 39 0 (12) 3 29 Operating expenses 14,069 2,475 1,565 6,890 928 25,927 Operating profit / (loss) before 4,894 1,790 1,396 1,839 (960) 8,960 Tax expense / (benefit) 1,844 Net profit / (loss) 7,116 Additional information Total assets 388,624 235,330 16,971 391,495 73,016 1,105,436 Additions to non-current assets 42 13 1 33 1,773 1,862 | USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS AG For the year ended 31 December Net interest income 4,244 2,120 (15) 481 (226) 6,605 Non-interest income 15,175 2,144 2,632 8,978 294 29,222 Total revenues 19,419 4,264 2,617 9,459 68 35,828 Credit loss expense / (release) (29) (86) 1 (34) 0 (148) Operating expenses 14,743 2,623 1,593 6,902 1,151 27,012 Operating profit / (loss) before 4,706 1,726 1,023 2,592 (1,083) 8,964 Tax expense / (benefit) 1,903 Net profit / (loss) 7,061 Additional information Total assets 2 395,235 225,425 25,202 346,641 123,641 1,116,145 Additions to non-current assets 56 16 1 30 1,689 1,791 | USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions UBS AG For the year ended 31 December Net interest income 4,027 2,049 (17) 284 (555) 5,788 Non-interest income 3 13,107 1,859 2,993 9,224 504 27,686 Total revenues 17,134 3,908 2,975 9,508 (52) 33,474 Credit loss expense / (release) 88 257 2 305 42 695 Operating expenses 13,080 2,390 1,520 6,762 1,329 25,081 Operating profit / (loss) before 3,965 1,261 1,454 2,441 (1,423) 7,699 Tax expense / (benefit) 1,488 Net profit / (loss) 6,211 Additional information Total assets 367,714 231,710 28,266 369,778 127,858 1,125,327 Additions to non-current assets 5 12 385 150 1,971 2,524 1 Includes an USD 848 m gain in Asset Management sheet resources from Group Functions to the business have been USD 26 bn higher, 14 bn related to the 631 m net gain on USD 571 m was recognized in Asset 60 m was recognized in Global |
Disclosure Of Geographical Areas Explanatory | For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 13.8 40 9.0 48 Asia Pacific 5.6 16 1.5 8 Europe, Middle East and Africa (excluding 7.0 20 2.6 14 Switzerland 7.7 22 5.6 30 Global 0.8 2 0.0 0 Total 34.9 100 18.7 100 For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 14.5 40 9.0 47 Asia Pacific 6.5 18 1.4 7 Europe, Middle East and Africa (excluding 7.0 20 2.6 13 Switzerland 7.8 22 6.3 33 Global 0.1 0 0.0 0 Total 35.8 100 19.3 100 For the year ended 31 December Total revenues 1 Total non-current assets USD bn Share % USD bn Share % Americas 2 13.2 39 9.0 45 Asia Pacific 6.1 18 1.4 7 Europe, Middle East and Africa (excluding 6.5 20 2.7 14 Switzerland 7.1 21 6.9 34 Global 0.5 2 0.0 0 Total 33.5 100 20.0 100 1 During 2022, UBS AG changed information, has been updated the USA. |
Net interest income and other i
Net interest income and other income from fair value changes on financial instruments (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Net Interest Income And Other Net Income From Financial Instruments Measured At Fair Value Through Profit Or Loss Tables Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Net interest income from financial instruments measured 1,403 1,431 1,299 Other net income from financial instruments measured 7,517 5,850 6,960 of which: net gains / (losses) from financial liabilities designated 1 17,037 (6,582) 1,509 Total net income from 8,920 7,281 8,259 Net interest income Interest income from loans and deposits 2 9,612 6,488 6,690 Interest income from securities financing transactions 3 1,378 513 862 Interest income from other financial instruments measured 545 284 335 Interest income from debt instruments measured at fair 74 115 101 Interest income from derivative instruments designated as 173 1,133 822 Total interest income 11,782 8,533 8,810 Interest expense on loans and deposits 4 2,579 523 1,031 Interest expense on securities financing transactions 5 1,089 1,102 870 Interest expense on debt issued 2,803 1,533 2,237 Interest expense on lease liabilities 92 102 110 Total interest expense 6,564 3,259 4,247 Total net interest income 5,218 5,274 4,563 Total net interest income 1,403 1,431 1,299 Total net interest income 6,621 6,705 5,862 1 Excludes fair value changes of hedges related to financial currency, both of which are reported within Other 4,112 m (net losses of USD 2,068 m and USD 72 m in 2021 and 2020, 4,112 m (net gains of USD 2,068 m and 72 m in 2021 trading. amounts due to banks, customer deposits, and cash collateral payables on derivative instruments. cost. and advances to banks, |
UBS AG | |
Entity [Table] | |
Disclosure Of Net Interest Income And Other Net Income From Financial Instruments Measured At Fair Value Through Profit Or Loss Tables Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Net interest income from financial instruments measured 1,410 1,437 1,305 Other net income from financial instruments measured 7,493 5,844 6,930 of which: net gains / (losses) from financial liabilities designated 1 17,036 (6,457) 1,625 Total net income from 8,903 7,281 8,235 Net interest income Interest income from loans and deposits 2 9,634 6,489 6,696 Interest income from securities financing transactions 3 1,378 513 862 Interest income from other financial instruments measured 545 284 335 Interest income from debt instruments measured at fair 74 115 101 Interest income from derivative instruments designated as 173 1,133 822 Total interest income 11,803 8,534 8,816 Interest expense on loans and deposits 4 4,488 1,655 2,440 Interest expense on securities financing transactions 5 1,089 1,102 870 Interest expense on debt issued 1,031 512 918 Interest expense on lease liabilities 88 98 105 Total interest expense 6,696 3,366 4,333 Total net interest income 5,108 5,168 4,483 Total net interest income 1,410 1,437 1,305 Total net interest income 6,517 6,605 5,788 1 Excludes fair value changes of hedges related to financial liabilities designated at fair value and foreign currency translation effects arising from translating currency, 4,112 m (net 2,068 m and USD 72 m in 2021 and 2020, respectively), driven by financial liabilities related to unit-linked investment contracts, which are designated at fair value through profit or loss. This was offset by net losses of USD 4,112 m (net gains of USD 2,068 m and USD 72 m in 2021 and for trading. interest on amounts due to banks, customer deposits, and cash collateral payables on derivative instruments. at amortized cost. well as negative interest on cash and from securities financing transactions |
Net fee and commission income (
Net fee and commission income (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Fee And Commission Income Expense Tables Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Underwriting fees 579 1,463 1,085 M&A and corporate finance fees 804 1,102 736 Brokerage fees 3,484 4,382 4,132 Investment fund fees 4,942 5,790 5,289 Portfolio management and related services 9,059 9,762 8,009 Other 1,920 1,874 1,710 Total fee and commission 1 20,789 24,372 20,961 of which: recurring 14,229 15,410 13,009 of which: transaction-based 6,492 8,692 7,491 of which: performance-based 68 269 461 Fee and commission expense 1,823 1,985 1,775 Net fee and commission income 18,966 22,387 19,186 1 For the 12,990 m for Global 1,654 m for Personal 2,840 m for Asset Management, USD 3,296 m for the Investment Bank and 10 m for Group Functions (for 14,545 m for Global 1,644 m for Personal & Corporate Banking, USD 3,337 m for 4,814 m for 33 m for 12,475 m for USD 1,426 m for Personal & Corporate 3,129 m for Asset Management, USD 3,882 m for the Investment Bank and 49 m for Group Functions). |
UBS AG | |
Entity [Table] | |
Disclosure Of Fee And Commission Income Expense Tables Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Underwriting fees 633 1,512 1,104 M&A and corporate finance fees 804 1,102 736 Brokerage fees 3,487 4,383 4,132 Investment fund fees 4,942 5,790 5,289 Portfolio management and related services 9,059 9,762 8,009 Other 1,921 1,874 1,712 Total fee and commission 1 20,846 24,422 20,982 of which: recurring 14,229 15,410 13,010 of which: transaction-based 6,550 8,743 7,512 of which: performance-based 68 269 461 Fee and commission expense 1,823 1,985 1,775 Net fee and commission income 19,023 22,438 19,207 1 For the 12,990 m for Global 1,657 m for Personal 2,840 m for Asset Management, USD 3,350 m for the Investment Bank and 10 m for Group Functions (for 14,545 m for Global 1,645 m for Personal & Corporate Banking, USD 3,337 m for 4,863 m for 33 m for 12,475 m for USD 1,427 m for Personal & Corporate 3,129 m for Asset Management, USD 3,901 m for the Investment Bank and 50 m for Group Functions). |
Other income (Tables)
Other income (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Other Operating Income Tables Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Associates, joint ventures and Net gains / (losses) from acquisitions and disposals of subsidiaries 1 148 (11) 635 2 Net gains / (losses) from disposals of investments in associates 844 3 41 0 Share of net profits of associates and joint ventures 32 105 84 Total 1,024 135 719 Net gains / (losses) from disposals of financial assets measured (1) 9 40 Income from properties 4 20 23 26 Net gains / (losses) from properties held for sale 24 100 5 76 6 Other 391 7 185 8 216 9 Total other income 1,459 452 1,076 1 Includes foreign exchange disposals of subsidiaries and 631 m net gain on the sale 848 m gain related to the sale of UBS’s shareholding in of USD 140 m arising from relates to a portion 133 m gain on the sale 111 m (with the remaining and disposals 111 m related to 98 m related to (compared with losses 60 m in 2021). 100 m from the 215 m gain on the property rights associated with the |
UBS AG | |
Entity [Table] | |
Disclosure Of Other Operating Income Tables Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Associates, joint ventures and Net gains / (losses) from acquisitions and disposals of subsidiaries 1 148 (11) 635 2 Net gains / (losses) from disposals of investments in associates 844 3 41 0 Share of net profits of associates and joint ventures 32 105 84 Total 1,024 134 719 Net gains / (losses) from disposals of financial assets measured (1) 9 40 Income from properties 4 20 22 25 Net gains / (losses) from properties held for sale 71 100 5 76 6 Income from shared services provided to UBS Group 460 451 422 Other 308 7 224 8 267 9 Total other income 1,882 941 1,549 1 Includes foreign exchange and disposals of 631 m net gain on 848 m gain related sale of UBS AG’s shareholding in net gains of 140 m arising from 7 Mainly relates to a portion 133 m gain on the sale of 111 m (with the remaining amount acquisitions and 111 m related to 23 m related to instruments (compared with losses 17 m in 2021). 100 m from the sale of UBS AG’s 215 m gain on the sale intellectual property rights associated |
Personnel expenses (Tables)
Personnel expenses (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Employee Benefits Tables Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Salaries 1 7,045 7,339 7,023 Variable compensation 2 7,954 8,280 7,520 of which: performance awards 3,205 3,190 3,209 3 of which: financial advisors 4 4,508 4,860 4,091 of which: other 241 229 220 Contractors 323 381 375 Social security 944 978 899 3 Post-employment benefit plans 5 794 833 845 of which: defined benefit plans 437 470 502 of which: defined contribution plans 357 363 343 Other personnel expenses 621 576 561 3 Total personnel expenses 17,680 18,387 17,224 1 Includes role-based allowances. employees, resulting 280 m, of which 240 m is disclosed 20 m within Social 20 m within Other personnel expenses. commitments with financial 20 m for the year ended 31 December 2022 (for the year ended 31 December 2021: USD 80 m; for the year ended 31 December 2020: USD 0 m), which represent a reduction in the defined benefit plan resulting from a decrease |
UBS AG | |
Entity [Table] | |
Disclosure Of Employee Benefits Tables Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Salaries 1 5,528 5,723 5,535 Variable compensation 2 7,636 7,973 7,246 of which: performance awards 2,910 2,916 2,953 3 of which: financial advisors 4 4,508 4,860 4,091 of which: other 217 196 201 Contractors 119 142 138 Social security 730 762 704 3 Post-employment benefit plans 5 555 582 597 of which: defined benefit plans 256 280 306 of which: defined contribution plans 299 303 291 Other personnel expenses 513 479 466 3 Total personnel expenses 15,080 15,661 14,686 1 Includes role-based allowances. employees, resulting 270 m, of which 240 m is disclosed 20 m within Social 10 m within Other personnel expenses. commitments with financial 13 m for the year ended 31 December 2022 (for the year ended 31 December 2021: USD 49 m; for the year ended 31 December 2020: USD 0 m), which represent a reduction in the defined benefit plan resulting from a decrease |
General and administrative ex_2
General and administrative expenses (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of General And Administrative Expense Tables Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Outsourcing costs 896 893 951 Technology costs 1,146 1,055 949 Consulting, legal and audit fees 592 540 646 Real estate and logistics costs 605 634 671 Market data services 419 417 413 Marketing and communication 265 242 217 Travel and entertainment 172 72 84 Litigation, regulatory and similar matters 1 348 911 197 Other 746 788 757 Total general and administrative 5,189 5,553 4,885 1 Reflects the net increase in |
UBS AG | |
Entity [Table] | |
Disclosure Of General And Administrative Expense Tables Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Outsourcing costs 451 426 466 Technology costs 502 490 449 Consulting, legal and audit fees 494 465 566 Real estate and logistics costs 507 530 563 Market data services 367 367 361 Marketing and communication 195 171 162 Travel and entertainment 156 66 77 Litigation, regulatory and similar matters 1 348 910 197 Other 5,981 6,051 5,646 of which: shared services costs charged by UBS 5,264 5,321 4,939 Total general and administrative 9,001 9,476 8,486 1 Reflects the net increase in |
Income taxes (Tables)
Income taxes (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of tax expense/(benefit) recognized and its relationship with accounting profit [text block] | For the year ended USD m 31.12.22 31.12.21 31.12.20 Tax Swiss Current 730 680 482 Deferred (15) 34 116 Total Swiss 715 714 598 Non-Swiss Current 718 884 749 Deferred 509 400 236 Total non-Swiss 1,227 1,284 985 Total income tax expense 1,942 1,998 1,583 |
Disclosure Of Details Of Major Components Of Tax Expense Income Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Operating profit / (loss) before tax 9,604 9,484 8,155 of which: Swiss 4,425 3,334 3,403 of which: non-Swiss 5,178 6,150 4,752 Income taxes at Swiss tax rate of 18 % for 2022, 18.5 % for 2021 and 19.5 % for 2020 1,729 1,755 1,590 Increase / (decrease) resulting from: Non-Swiss tax rates differing from Swiss tax rate 284 234 110 Tax effects of losses not recognized 74 124 144 Previously unrecognized tax losses now utilized (217) (179) (212) Non-taxable and lower-taxed income (335) (278) (394) Non-deductible expenses and additional taxable income 429 510 385 Adjustments related to prior years, current (41) (40) (67) Adjustments related to prior years, deferred 13 (10) 12 Change in deferred tax recognition (217) (342) (381) Adjustments to deferred tax balances arising from changes in 0 (5) 234 Other items 222 231 161 Income tax expense / (benefit) 1,942 1,998 1,583 |
Disclosure Of Total Recognized And Unrecognized Deferred Tax Assets And Deferred Tax Liabilities Explanatory | USD m 31.12.22 31.12.21 Deferred tax assets 1 Gross Valuation allowance Recognized Gross Valuation allowance Recognized Tax loss carry-forwards 12,708 (8,720) 3,988 13,636 (9,193) 4,443 Temporary differences 5,814 (414) 5,400 5,133 (700) 4,433 of which: related to real estate costs capitalized for US tax purposes 2,485 0 2,485 2,272 0 2,272 of which: related to compensation and benefits 1,194 (175) 1,018 1,222 (209) 1,013 of which: related to cash flow hedges 947 0 947 3 0 3 of which: other 1,188 (238) 950 1,636 (491) 1,145 Total deferred tax 18,522 (9,134) 9,389 2 18,769 (9,893) 8,876 2 of which: related to the US 8,294 8,521 of which: related to other locations 1,095 355 Deferred tax liabilities Cash flow hedges 0 118 Other 236 183 Total deferred tax liabilities 236 300 1 After offset of DTLs, as applicable. 471 m (31 December 2021: USD 77 m) in respect of entities that incurred year. |
Disclosure Of Expiry Of Unused Tax Losses Explanatory | Unrecognized tax loss carry-forwards USD m 31.12.22 31.12.21 Within 1 year 231 141 From 2 to 5 years 2,184 1,026 From 6 to 10 years 11,106 13,283 From 11 to 20 years 1,610 2,093 No expiry 16,960 18,147 Total 32,091 34,690 of which: related to the US 1 13,350 14,870 of which: related to the UK 14,332 14,909 of which: related to other locations 4,409 4,911 1 Related to UBS AG’s |
UBS AG | |
Entity [Table] | |
Disclosure of tax expense/(benefit) recognized and its relationship with accounting profit [text block] | For the year ended USD m 31.12.22 31.12.21 31.12.20 Tax Swiss Current 664 614 417 Deferred (22) 26 107 Total Swiss 642 640 524 Non-Swiss Current 689 857 715 Deferred 513 406 248 Total non-Swiss 1,202 1,263 963 Total income tax expense 1,844 1,903 1,488 |
Disclosure Of Details Of Major Components Of Tax Expense Income Explanatory | For the year ended USD m 31.12.22 31.12.21 31.12.20 Operating profit / (loss) before tax 8,960 8,964 7,699 of which: Swiss 4,052 2,983 3,042 of which: non-Swiss 4,907 5,981 4,657 Income taxes at Swiss tax rate of 18 % for 2022, 18.5 % for 2021 and 19.5 % for 2020 1,613 1,658 1,501 Increase / (decrease) resulting from: Non-Swiss tax rates differing from Swiss tax rate 267 217 96 Tax effects of losses not recognized 74 124 144 Previously unrecognized tax losses now utilized (217) (179) (212) Non-taxable and lower-taxed income (316) (252) (381) Non-deductible expenses and additional taxable income 414 487 373 Adjustments related to prior years, current (33) (38) (66) Adjustments related to prior years, deferred 19 (3) 18 Change in deferred tax recognition (217) (341) (383) Adjustments to deferred tax balances arising from changes in tax 0 (1) 235 Other items 240 230 163 Income tax expense / (benefit) 1,844 1,903 1,488 |
Disclosure Of Total Recognized And Unrecognized Deferred Tax Assets And Deferred Tax Liabilities Explanatory | USD m 31.12.22 31.12.21 Deferred tax assets 1 Gross Valuation allowance Recognized Gross Valuation allowance Recognized Tax loss carry-forwards 12,708 (8,720) 3,988 13,636 (9,193) 4,443 Temporary differences 5,774 (408) 5,365 5,092 (696) 4,396 of which: related to real estate costs capitalized for US tax purposes 2,485 0 2,485 2,272 0 2,272 of which: related to compensation and benefits 1,169 (175) 993 1,200 (209) 991 of which: related to cash flow hedges 947 0 947 3 0 3 of which: other 1,173 (233) 940 1,620 (487) 1,133 Total deferred tax 18,482 (9,128) 9,354 2 18,728 (9,889) 8,839 2 of which: related to the US 8,294 8,521 of which: related to other locations 1,060 318 Deferred tax liabilities Cash flow hedges 0 118 Other 233 179 Total deferred tax liabilities 233 297 1 After offset of DTLs, 471 m (31 December 2021: 77 m) in respect of year. |
Disclosure Of Expiry Of Unused Tax Losses Explanatory | Unrecognized tax loss carry-forwards USD m 31.12.22 31.12.21 Within 1 year 231 141 From 2 to 5 years 2,184 1,026 From 6 to 10 years 11,106 13,283 From 11 to 20 years 1,610 2,093 No expiry 16,960 18,147 Total 32,091 34,690 of which: related to the US 1 13,350 14,870 of which: related to the UK 14,332 14,909 of which: related to other locations 4,409 4,911 1 Related to UBS AG’s |
Financial assets at amortized_2
Financial assets at amortized cost and other positions in scope of expected credit loss measurement (Tables) | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Disclosure Of Credit Risk Exposure Explanatory | USD m 31.12.22 Carrying amount 1 ECL allowances Financial instruments measured at Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Cash and balances at central banks 169,445 169,402 44 0 (12) 0 (12) 0 Loans and advances to banks 14,792 14,792 1 0 (6) (5) (1) 0 Receivables from securities financing transactions 67,814 67,814 0 0 (2) (2) 0 0 Cash collateral receivables on derivative 35,032 35,032 0 0 0 0 0 0 Loans and advances to customers 387,220 370,095 15,587 1,538 (783) (129) (180) (474) of which: Private clients with mortgages 156,930 147,651 8,579 699 (161) (27) (107) (28) of which: Real estate financing 46,470 43,112 3,349 9 (41) (17) (23) 0 of which: Large corporate clients 12,226 10,733 1,189 303 (130) (24) (14) (92) of which: SME clients 13,903 12,211 1,342 351 (251) (26) (22) (203) of which: Lombard 132,287 132,196 0 91 (26) (9) 0 (17) of which: Credit cards 1,834 1,420 382 31 (36) (7) (10) (19) of which: Commodity trade finance 3,272 3,261 0 11 (96) (6) 0 (90) Other financial assets measured at amortized cost 53,264 52,704 413 147 (86) (17) (6) (63) of which: Loans to financial advisors 2,611 2,357 128 126 (59) (7) (2) (51) Total financial assets 727,568 709,839 16,044 1,685 (889) (154) (199) (537) Financial assets measured at 2,239 2,239 0 0 0 0 0 0 Total on-balance 729,807 712,078 16,044 1,685 (889) (154) (199) (537) Total exposure ECL provisions Off-balance sheet (within the scope Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Guarantees 22,167 19,805 2,254 108 (48) (13) (9) (26) of which: Large corporate clients 3,663 2,883 721 58 (26) (2) (3) (21) of which: SME clients 1,337 1,124 164 49 (5) (1) (1) (3) of which: Financial intermediaries and hedge funds 11,833 10,513 1,320 0 (12) (8) (4) 0 of which: Lombard 2,376 2,376 0 1 (1) 0 0 (1) of which: Commodity trade finance 2,121 2,121 0 0 (1) (1) 0 0 Irrevocable loan commitments 39,996 37,531 2,341 124 (111) (59) (52) 0 of which: Large corporate clients 23,611 21,488 2,024 99 (93) (49) (45) 0 Forward starting reverse repurchase 3,801 3,801 0 0 0 0 0 0 Committed unconditionally revocable credit lines 41,390 39,521 1,833 36 (40) (32) (8) 0 of which: Real estate financing 8,711 8,528 183 0 (6) (6) 0 0 of which: Large corporate clients 4,578 4,304 268 5 (4) (1) (2) 0 of which: SME clients 4,723 4,442 256 26 (19) (16) (3) 0 of which: Lombard 7,855 7,854 0 1 0 0 0 0 of which: Credit cards 9,390 8,900 487 3 (7) (5) (2) 0 of which: Commodity trade finance 327 327 0 0 0 0 0 0 Irrevocable committed prolongation of existing loans 4,696 4,600 94 2 (2) (2) 0 0 Total off-balance sheet 112,050 105,258 6,522 270 (201) (106) (69) (26) Total allowances and (1,091) (259) (267) (564) 1 The carrying amount | USD m 31.12.21 Carrying amount 1 ECL allowances Financial instruments measured at Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Cash and balances at central banks 192,817 192,817 0 0 0 0 0 0 Loans and advances to banks 15,480 15,453 26 1 (8) (7) (1) 0 Receivables from securities financing transactions 75,012 75,012 0 0 (2) (2) 0 0 Cash collateral receivables on derivative 30,514 30,514 0 0 0 0 0 0 Loans and advances to customers 397,761 380,564 15,620 1,577 (850) (126) (152) (572) of which: Private clients with mortgages 152,479 143,505 8,262 711 (132) (28) (71) (33) of which: Real estate financing 43,945 40,463 3,472 9 (60) (19) (40) 0 of which: Large corporate clients 13,990 12,643 1,037 310 (170) (22) (16) (133) of which: SME clients 14,004 12,076 1,492 436 (259) (19) (15) (225) of which: Lombard 149,283 149,255 0 27 (33) (6) 0 (28) of which: Credit cards 1,716 1,345 342 29 (36) (10) (9) (17) of which: Commodity trade finance 3,813 3,799 7 7 (114) (6) 0 (108) Other financial assets measured at amortized cost 26,209 25,718 302 189 (109) (27) (7) (76) of which: Loans to financial advisors 2,453 2,184 106 163 (86) (19) (3) (63) Total financial assets 737,794 720,079 15,948 1,767 (969) (161) (160) (647) Financial assets measured at 8,844 8,844 0 0 0 0 0 0 Total on-balance 746,638 728,923 15,948 1,767 (969) (161) (160) (647) Total exposure ECL provisions Off-balance sheet (within the scope Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Guarantees 20,972 19,695 1,127 150 (41) (18) (8) (15) of which: Large corporate clients 3,464 2,567 793 104 (6) (3) (3) 0 of which: SME clients 1,353 1,143 164 46 (8) (1) (1) (7) of which: Financial intermediaries and hedge funds 9,575 9,491 84 0 (17) (13) (4) 0 of which: Lombard 2,454 2,454 0 0 (1) 0 0 (1) of which: Commodity trade finance 3,137 3,137 0 0 (1) (1) 0 0 Irrevocable loan commitments 39,478 37,097 2,335 46 (114) (72) (42) 0 of which: Large corporate clients 23,922 21,811 2,102 9 (100) (66) (34) 0 Forward starting reverse repurchase 1,444 1,444 0 0 0 0 0 0 Committed unconditionally revocable credit lines 40,778 38,207 2,508 63 (38) (28) (10) 0 of which: Real estate financing 7,328 7,046 281 0 (5) (4) (1) 0 of which: Large corporate clients 5,358 4,599 736 23 (7) (4) (3) 0 of which: SME clients 5,160 4,736 389 35 (15) (11) (3) 0 of which: Lombard 8,670 8,670 0 0 0 0 0 0 of which: Credit cards 9,466 9,000 462 4 (6) (5) (2) 0 of which: Commodity trade finance 117 117 0 0 0 0 0 0 Irrevocable committed prolongation of existing loans 5,611 5,527 36 48 (3) (3) 0 0 Total off-balance sheet 108,284 101,971 6,006 307 (196) (121) (60) (15) Total allowances and (1,165) (282) (220) (662) 1 The carrying amount |
Disclosure Of Coverage Ratios Explanatory | 31.12.22 Gross carrying amount (USD ECL coverage (bps) On-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 157,091 147,678 8,686 727 10 2 123 9 381 Real estate financing 46,511 43,129 3,372 9 9 4 70 9 232 Total real estate lending 203,602 190,807 12,059 736 10 2 108 9 379 Large corporate clients 12,356 10,757 1,204 395 105 22 120 32 2,325 SME clients 14,154 12,237 1,364 553 177 22 161 36 3,664 Total corporate lending 26,510 22,994 2,567 949 144 22 142 34 3,106 Lombard 132,313 132,205 0 108 2 1 0 1 1,580 Credit cards 1,869 1,427 393 50 190 46 256 91 3,779 Commodity trade finance 3,367 3,266 0 101 285 18 0 18 8,901 Other loans and advances to customers 20,342 19,525 748 68 21 7 38 8 3,769 Loans to financial advisors 2,670 2,364 130 176 221 28 124 33 2,870 Total other lending 160,561 158,787 1,270 503 16 3 114 4 4,016 Total 1 390,672 372,588 15,896 2,188 22 4 114 8 2,398 Gross exposure (USD m) ECL coverage (bps) Off-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 6,535 6,296 236 3 5 4 18 4 1,183 Real estate financing 10,054 9,779 275 0 6 7 0 6 0 Total real estate lending 16,589 16,075 511 3 6 6 2 6 1,288 Large corporate clients 32,126 28,950 3,013 163 38 18 165 32 1,263 SME clients 7,122 6,525 499 98 47 30 214 43 304 Total corporate lending 39,247 35,475 3,513 260 40 20 172 34 903 Lombard 12,919 12,918 0 1 2 1 0 1 0 Credit cards 9,390 8,900 487 3 7 5 36 7 0 Commodity trade finance 2,459 2,459 0 0 3 3 0 3 0 Financial intermediaries and hedge funds 15,841 14,177 1,664 0 9 7 25 9 0 Other off-balance sheet commitments 11,803 11,454 346 3 11 8 68 9 0 Total other lending 52,412 49,907 2,498 7 7 5 33 6 0 Total 2 108,249 101,457 6,522 270 19 10 106 16 980 Total on- 3 498,921 474,045 22,418 2,458 21 5 112 10 2,242 1 Includes Loans and advances and securities borrowing agreements. Includes on-balance-sheet | 31.12.21 Gross carrying amount (USD ECL coverage (bps) On-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 152,610 143,533 8,333 744 9 2 85 6 446 Real estate financing 44,004 40,483 3,512 10 14 5 114 14 231 Total real estate lending 196,615 184,016 11,845 754 10 3 94 8 443 Large corporate clients 14,161 12,665 1,053 443 120 18 148 28 2,997 SME clients 14,263 12,095 1,507 661 182 16 103 25 3,402 Total corporate lending 28,424 24,760 2,560 1,104 151 17 121 26 3,240 Lombard 149,316 149,261 0 55 2 0 0 0 5,026 Credit cards 1,752 1,355 351 46 204 72 255 109 3,735 Commodity trade finance 3,927 3,805 7 115 290 15 3 15 9,388 Other loans and advances to customers 18,578 17,493 1,010 75 25 9 15 10 3,730 Loans to financial advisors 2,539 2,203 109 226 338 88 303 99 2,791 Total other lending 176,111 174,117 1,477 517 18 3 93 4 4,718 Total 1 401,150 382,893 15,882 2,374 23 4 98 8 2,673 Gross exposure (USD m) ECL coverage (bps) Off-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 9,123 8,798 276 49 3 3 9 3 15 Real estate financing 8,766 8,481 285 0 9 7 88 9 0 Total real estate lending 17,889 17,278 562 49 6 5 49 6 15 Large corporate clients 32,748 28,981 3,630 136 34 25 110 35 1 SME clients 8,077 7,276 688 114 38 19 151 30 585 Total corporate lending 40,826 36,258 4,318 250 35 24 117 34 266 Lombard 14,438 14,438 0 0 1 0 0 0 0 Credit cards 9,466 9,000 462 4 7 5 34 7 0 Commodity trade finance 3,262 3,262 0 0 4 4 0 4 0 Financial intermediaries and hedge funds 12,153 11,784 369 0 15 12 120 15 0 Other off-balance sheet commitments 8,806 8,507 296 4 15 6 30 7 0 Total other lending 48,126 46,991 1,127 8 9 5 61 7 0 Total 2 106,840 100,527 6,006 307 18 12 100 17 486 Total on- 3 507,990 483,420 21,888 2,681 22 6 99 10 2,423 1 Includes Loans and securities borrowing agreements. |
UBS AG | ||
Entity [Table] | ||
Disclosure Of Credit Risk Exposure Explanatory | USD m 31.12.22 Carrying amount 1 ECL allowances Financial instruments measured Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Cash and balances at central banks 169,445 169,402 44 0 (12) 0 (12) 0 Loans and advances to banks 14,671 14,670 1 0 (6) (5) (1) 0 Receivables from securities financing transactions 67,814 67,814 0 0 (2) (2) 0 0 Cash collateral receivables on derivative 35,033 35,033 0 0 0 0 0 0 Loans and advances to customers 390,027 372,903 15,587 1,538 (783) (129) (180) (474) of which: Private clients with mortgages 156,930 147,651 8,579 699 (161) (27) (107) (28) of which: Real estate financing 46,470 43,112 3,349 9 (41) (17) (23) 0 of which: Large corporate clients 12,226 10,733 1,189 303 (130) (24) (14) (92) of which: SME clients 13,903 12,211 1,342 351 (251) (26) (22) (203) of which: Lombard 132,287 132,196 0 91 (26) (9) 0 (17) of which: Credit cards 1,834 1,420 382 31 (36) (7) (10) (19) of which: Commodity trade finance 3,272 3,261 0 11 (96) (6) 0 (90) Other financial assets measured at amortized cost 53,389 52,829 413 147 (86) (17) (6) (63) of which: Loans to financial advisors 2,611 2,357 128 126 (59) (7) (2) (51) Total financial assets 730,379 712,651 16,044 1,685 (890) (154) (199) (537) Financial assets measured at 2,239 2,239 0 0 0 0 0 0 Total on-balance 732,618 714,889 16,044 1,685 (890) (154) (199) (537) Total exposure ECL provisions Off-balance sheet (within the Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Guarantees 22,167 19,805 2,254 108 (48) (13) (9) (26) of which: Large corporate clients 3,663 2,883 721 58 (26) (2) (3) (21) of which: SME clients 1,337 1,124 164 49 (5) (1) (1) (3) of which: Financial intermediaries and hedge funds 11,833 10,513 1,320 0 (12) (8) (4) 0 of which: Lombard 2,376 2,376 0 1 (1) 0 0 (1) of which: Commodity trade finance 2,121 2,121 0 0 (1) (1) 0 0 Irrevocable loan commitments 39,996 37,531 2,341 124 (111) (59) (52) 0 of which: Large corporate clients 23,611 21,488 2,024 99 (93) (49) (45) 0 Forward starting reverse repurchase 3,801 3,801 0 0 0 0 0 0 Committed unconditionally revocable credit lines 43,677 41,809 1,833 36 (40) (32) (8) 0 of which: Real estate financing 8,711 8,528 183 0 (6) (6) 0 0 of which: Large corporate clients 4,578 4,304 268 5 (4) (1) (2) 0 of which: SME clients 4,723 4,442 256 26 (19) (16) (3) 0 of which: Lombard 7,855 7,854 0 1 0 0 0 0 of which: Credit cards 9,390 8,900 487 3 (7) (5) (2) 0 of which: Commodity trade finance 327 327 0 0 0 0 0 0 Irrevocable committed prolongation of existing loans 4,696 4,600 94 2 (2) (2) 0 0 Total off-balance sheet 114,337 107,545 6,522 270 (201) (106) (69) (26) Total allowances and (1,091) (260) (267) (564) 1 The carrying amount | USD m 31.12.21 Carrying amount 1 ECL allowances Financial instruments measured Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Cash and balances at central banks 192,817 192,817 0 0 0 0 0 0 Loans and advances to banks 15,360 15,333 26 1 (8) (7) (1) 0 Receivables from securities financing transactions 75,012 75,012 0 0 (2) (2) 0 0 Cash collateral receivables on derivative 30,514 30,514 0 0 0 0 0 0 Loans and advances to customers 398,693 381,496 15,620 1,577 (850) (126) (152) (572) of which: Private clients with mortgages 152,479 143,505 8,262 711 (132) (28) (71) (33) of which: Real estate financing 43,945 40,463 3,472 9 (60) (19) (40) 0 of which: Large corporate clients 13,990 12,643 1,037 310 (170) (22) (16) (133) of which: SME clients 14,004 12,076 1,492 436 (259) (19) (15) (225) of which: Lombard 149,283 149,255 0 27 (33) (6) 0 (28) of which: Credit cards 1,716 1,345 342 29 (36) (10) (9) (17) of which: Commodity trade finance 3,813 3,799 7 7 (114) (6) 0 (108) Other financial assets measured at amortized cost 26,236 25,746 302 189 (109) (27) (7) (76) of which: Loans to financial advisors 2,453 2,184 106 163 (86) (19) (3) (63) Total financial assets 738,632 720,917 15,948 1,767 (969) (161) (160) (647) Financial assets measured at 8,844 8,844 0 0 0 0 0 0 Total on-balance 747,477 729,762 15,948 1,767 (969) (161) (160) (647) Total exposure ECL provisions Off-balance sheet (within the Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Guarantees 20,972 19,695 1,127 150 (41) (18) (8) (15) of which: Large corporate clients 3,464 2,567 793 104 (6) (3) (3) 0 of which: SME clients 1,353 1,143 164 46 (8) (1) (1) (7) of which: Financial intermediaries and hedge funds 9,575 9,491 84 0 (17) (13) (4) 0 of which: Lombard 2,454 2,454 0 0 (1) 0 0 (1) of which: Commodity trade finance 3,137 3,137 0 0 (1) (1) 0 0 Irrevocable loan commitments 39,478 37,097 2,335 46 (114) (72) (42) 0 of which: Large corporate clients 23,922 21,811 2,102 9 (100) (66) (34) 0 Forward starting reverse repurchase 1,444 1,444 0 0 0 0 0 0 Committed unconditionally revocable credit lines 42,373 39,802 2,508 63 (38) (28) (10) 0 of which: Real estate financing 7,328 7,046 281 0 (5) (4) (1) 0 of which: Large corporate clients 5,358 4,599 736 23 (7) (4) (3) 0 of which: SME clients 5,160 4,736 389 35 (15) (11) (3) 0 of which: Lombard 8,670 8,670 0 0 0 0 0 0 of which: Credit cards 9,466 9,000 462 4 (6) (5) (2) 0 of which: Commodity trade finance 117 117 0 0 0 0 0 0 Irrevocable committed prolongation of existing loans 5,611 5,527 36 48 (3) (3) 0 0 Total off-balance sheet 109,878 103,565 6,006 307 (196) (121) (60) (15) Total allowances and (1,165) (282) (220) (662) 1 The carrying amount |
Disclosure Of Coverage Ratios Explanatory | 31.12.22 Gross carrying amount (USD ECL coverage (bps) On-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 157,091 147,678 8,686 727 10 2 123 9 381 Real estate financing 46,511 43,129 3,372 9 9 4 70 9 232 Total real estate lending 203,602 190,807 12,059 736 10 2 108 9 379 Large corporate clients 12,356 10,757 1,204 395 105 22 120 32 2,325 SME clients 14,154 12,237 1,364 553 177 22 161 36 3,664 Total corporate lending 26,510 22,994 2,567 949 144 22 142 34 3,106 Lombard 132,313 132,205 0 108 2 1 0 1 1,580 Credit cards 1,869 1,427 393 50 190 46 256 91 3,779 Commodity trade finance 3,367 3,266 0 101 285 18 0 18 8,901 Other loans and advances to customers 23,149 22,333 748 68 18 6 38 7 3,769 Loans to financial advisors 2,670 2,364 130 176 221 28 124 33 2,870 Total other lending 163,368 161,595 1,270 503 16 3 114 3 4,016 Total 1 393,480 375,396 15,896 2,188 21 4 114 8 2,398 Gross exposure (USD m) ECL coverage (bps) Off-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 6,535 6,296 236 3 5 4 18 4 1,183 Real estate financing 10,054 9,779 275 0 6 7 0 6 0 Total real estate lending 16,589 16,075 511 3 6 6 2 6 1,288 Large corporate clients 32,126 28,950 3,013 163 38 18 165 32 1,263 SME clients 7,122 6,525 499 98 47 30 214 43 304 Total corporate lending 39,247 35,475 3,513 260 40 20 172 34 903 Lombard 12,919 12,918 0 1 2 1 0 1 0 Credit cards 9,390 8,900 487 3 7 5 36 7 0 Commodity trade finance 2,459 2,459 0 0 3 3 0 3 0 Financial intermediaries and hedge funds 18,128 16,464 1,664 0 7 6 25 7 0 Other off-balance sheet commitments 11,803 11,454 346 3 11 8 68 9 0 Total other lending 54,700 52,195 2,498 7 6 5 33 6 0 Total 2 110,537 103,745 6,522 270 18 10 106 16 980 Total on- 3 504,016 479,140 22,418 2,458 21 5 112 10 2,242 1 Includes Loans and securities borrowing agreements. | 31.12.21 Gross carrying amount (USD ECL coverage (bps) On-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 152,610 143,533 8,333 744 9 2 85 6 446 Real estate financing 44,004 40,483 3,512 10 14 5 114 14 231 Total real estate lending 196,615 184,016 11,845 754 10 3 94 8 443 Large corporate clients 14,161 12,665 1,053 443 120 18 148 28 2,997 SME clients 14,263 12,095 1,507 661 182 16 103 25 3,402 Total corporate lending 28,424 24,760 2,560 1,104 151 17 121 26 3,240 Lombard 149,316 149,261 0 55 2 0 0 0 5,026 Credit cards 1,752 1,355 351 46 204 72 255 109 3,735 Commodity trade finance 3,927 3,805 7 115 290 15 3 15 9,388 Other loans and advances to customers 19,510 18,425 1,010 75 23 9 15 9 3,730 Loans to financial advisors 2,539 2,203 109 226 338 88 303 99 2,791 Total other lending 177,043 175,049 1,477 517 18 3 93 4 4,718 Total 1 402,081 383,825 15,882 2,374 23 4 98 8 2,673 Gross exposure (USD m) ECL coverage (bps) Off-balance sheet Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 1&2 Stage 3 Private clients with mortgages 9,123 8,798 276 49 3 3 9 3 15 Real estate financing 8,766 8,481 285 0 9 7 88 9 0 Total real estate lending 17,889 17,278 562 49 6 5 49 6 15 Large corporate clients 32,748 28,981 3,630 136 34 25 110 35 1 SME clients 8,077 7,276 688 114 38 19 151 30 585 Total corporate lending 40,826 36,258 4,318 250 35 24 117 34 266 Lombard 14,438 14,438 0 0 1 0 0 0 0 Credit cards 9,466 9,000 462 4 7 5 34 7 0 Commodity trade finance 3,262 3,262 0 0 4 4 0 4 0 Financial intermediaries and hedge funds 13,747 13,379 369 0 13 10 120 13 0 Other off-balance sheet commitments 8,806 8,507 296 4 15 6 30 7 0 Total other lending 49,720 48,585 1,127 8 8 5 61 7 0 Total 2 108,434 102,121 6,006 307 18 12 100 17 486 Total on- 3 510,516 485,946 21,888 2,681 22 5 99 9 2,423 1 Includes Loans and securities borrowing agreements. |
Derivative instruments (Tables)
Derivative instruments (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Derivative Financial Assets And Liabilities Explanatory | 31.12.22 31.12.21 USD bn Derivative financial assets Notional amounts related to derivative financial assets 2,3 Derivative financial liabilities Notional amounts related to derivative financial liabilities 2,3 Other notional amounts 2,4 Derivative financial assets Notional amounts related to derivative financial assets 2,3 Derivative financial liabilities Notional amounts related to derivative financial liabilities 2,3 Other notional amounts 2,4 Interest rate contracts 39.8 1,057.4 37.5 1,022.9 11,255.4 33.2 991.2 28.7 943.1 8,675.1 of which: forwards (OTC) 1 0.2 37.7 0.0 34.6 792.7 0.1 29.4 0.2 28.6 443.6 of which: swaps (OTC) 25.2 326.1 19.8 281.0 9,728.6 26.4 394.3 19.2 344.1 7,549.4 of which: options (OTC) 14.2 687.5 17.5 705.0 6.6 545.2 9.2 553.6 of which: futures (ETD) 606.3 525.0 of which: options (ETD) 0.0 6.1 0.0 2.2 127.7 0.0 22.4 0.0 16.8 157.1 Credit derivative contracts 1.0 36.8 1.2 37.1 1.4 44.7 1.8 46.3 of which: credit default swaps (OTC) 0.9 34.2 1.0 36.8 1.3 39.4 1.6 44.1 of which: total return swaps (OTC) 0.1 0.9 0.2 0.3 0.1 1.3 0.2 1.7 Foreign exchange contracts 85.5 3,087.1 88.5 2,992.7 40.1 53.3 3,030.8 54.1 2,938.8 1.2 of which: forwards (OTC) 26.5 853.4 28.6 910.2 23.8 1,008.9 23.8 1,043.2 of which: swaps (OTC) 49.6 1,679.3 50.4 1,553.7 38.4 24.3 1,606.3 24.9 1,480.3 of which: options (OTC) 9.3 551.6 9.2 521.6 5.2 412.6 5.3 408.6 Equity contracts 22.2 384.5 26.1 501.3 63.4 28.2 456.9 34.9 603.9 80.1 of which: swaps (OTC) 5.3 95.5 6.6 122.0 4.7 105.7 9.3 154.8 of which: options (OTC) 2.8 51.6 4.4 89.0 4.6 61.4 6.5 102.3 of which: futures (ETD) 52.2 71.2 of which: options (ETD) 9.0 237.0 8.1 289.7 11.2 10.2 289.6 9.8 346.3 8.8 of which: client-cleared transactions (ETD) 5.1 7.0 8.6 9.4 Commodity contracts 1.4 68.1 1.4 64.2 17.6 1.6 57.8 1.6 56.4 14.7 of which: swaps (OTC) 0.5 19.3 0.7 19.3 0.5 19.9 0.8 25.4 of which: options (OTC) 0.4 15.8 0.3 13.3 0.4 14.0 0.2 10.4 of which: futures (ETD) 16.4 13.9 of which: forwards 0.0 24.5 0.0 23.2 0.0 18.1 0.0 15.2 of which: client-cleared transactions (ETD) 0.2 0.3 0.6 0.4 Loan commitments measured at FVTPL (OTC) 0.0 0.9 0.0 3.7 0.0 0.8 0.0 8.2 Unsettled purchases of non-derivative financial instruments 5 0.1 12.1 0.1 9.4 0.1 13.3 0.2 10.6 Unsettled sales of non-derivative instruments 5 0.1 13.0 0.0 10.7 0.2 18.2 0.1 9.4 Total derivative instruments, based on IFRS netting 6 150.1 4,659.9 154.9 4,641.9 11,376.5 118.1 4,613.8 121.3 4,616.6 8,771.1 1 Includes certain forward starting repurchase and reverse derivative financial amounts of client-cleared cleared through either a central instruments and Cash between trade date and settlement enforceable right to offset the rec a net basis or to realize the asset |
UBS AG | |
Entity [Table] | |
Disclosure Of Derivative Financial Assets And Liabilities Explanatory | 31.12.22 31.12.21 USD bn Derivative financial assets Notional amounts related to derivative financial assets 2,3 Derivative financial liabilities Notional amounts related to derivative financial liabilities 2,3 Other notional amounts 2,4 Derivative financial assets Notional amounts related to derivative financial assets 2,3 Derivative financial liabilities Notional amounts related to derivative financial liabilities 2,3 Other notional amounts 2,4 Interest rate contracts 39.8 1,057.4 37.5 1,022.9 11,255.4 33.2 991.2 28.7 943.1 8,675.1 of which: forwards (OTC) 1 0.2 37.7 0.0 34.6 792.7 0.1 29.4 0.2 28.6 443.6 of which: swaps (OTC) 25.2 326.1 19.8 281.0 9,728.6 26.4 394.3 19.2 344.1 7,549.4 of which: options (OTC) 14.2 687.5 17.5 705.0 6.6 545.2 9.2 553.6 of which: futures (ETD) 606.3 525.0 of which: options (ETD) 0.0 6.1 0.0 2.2 127.7 0.0 22.4 0.0 16.8 157.1 Credit derivative contracts 1.0 36.8 1.2 37.1 1.4 44.7 1.8 46.3 of which: credit default swaps (OTC) 0.9 34.2 1.0 36.8 1.3 39.4 1.6 44.1 of which: total return swaps (OTC) 0.1 0.9 0.2 0.3 0.1 1.3 0.2 1.7 Foreign exchange contracts 85.5 3,087.3 88.5 2,992.7 40.1 53.3 3,031.0 54.1 2,938.8 1.2 of which: forwards (OTC) 26.5 853.6 28.6 910.2 23.8 1,009.1 23.8 1,043.2 of which: swaps (OTC) 49.6 1,679.3 50.4 1,553.7 38.4 24.3 1,606.4 24.9 1,480.3 of which: options (OTC) 9.3 551.6 9.2 521.6 5.2 412.6 5.3 408.6 Equity contracts 22.2 384.5 26.1 501.3 63.4 28.2 456.9 34.9 603.9 80.1 of which: swaps (OTC) 5.3 95.5 6.6 122.0 4.7 105.7 9.3 154.8 of which: options (OTC) 2.8 51.6 4.4 89.0 4.6 61.4 6.5 102.3 of which: futures (ETD) 52.2 71.2 of which: options (ETD) 9.0 237.0 8.1 289.7 11.2 10.2 289.6 9.8 346.3 8.8 of which: client-cleared transactions (ETD) 5.1 7.0 8.6 9.4 Commodity contracts 1.4 68.1 1.4 64.2 17.6 1.6 57.8 1.6 56.4 14.7 of which: swaps (OTC) 0.5 19.3 0.7 19.3 0.5 19.9 0.8 25.4 of which: options (OTC) 0.4 15.8 0.3 13.3 0.4 14.0 0.2 10.4 of which: futures (ETD) 16.4 13.9 of which: forwards 0.0 24.5 0.0 23.2 0.0 18.1 0.0 15.2 of which: client-cleared transactions (ETD) 0.2 0.3 0.6 0.4 Loan commitments measured at FVTPL (OTC) 0.0 0.9 0.0 3.7 0.0 0.8 0.0 8.2 Unsettled purchases of non-derivative financial instruments 5 0.1 12.1 0.1 9.4 0.1 13.3 0.2 10.6 Unsettled sales of non-derivative instruments 5 0.1 13.0 0.0 10.7 0.2 18.2 0.1 9.4 Total derivative instruments, based on IFRS netting 6 150.1 4,660.1 154.9 4,642.0 11,376.5 118.1 4,614.0 121.3 4,616.6 8,771.1 1 Includes certain forward starting repurchase derivative financial amounts of client-cleared cleared through either a central instruments and Cash between trade date legally enforceable right settle on a net basis or to realize |
Property, equipment and softw_2
Property, equipment and software (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Property Equipment Software Tables Explanatory | At historical cost less accumulated depreciation USD m Owned properties and equipment 1 Leased properties and equipment 2 Software Projects in progress 2022 3 2021 3 Historical cost Balance at the beginning of the year 13,048 4,174 8,642 1,250 27,113 26,238 Additions 162 412 300 1,182 2,057 2,090 Disposals / write-offs 4 (333) (62) (106) 0 (501) (751) Reclassifications (1,073) 0 1,151 (1,301) (1,223) (18) Foreign currency translation (217) (65) (42) 5 (319) (445) Balance at the end of the year 11,587 4,459 9,944 1,136 27,127 27,113 Accumulated depreciation Balance at the beginning of the year 8,072 1,346 4,807 14,225 13,129 Depreciation 577 451 1,005 2,033 2,078 Impairment 5 3 0 0 3 10 Disposals / write-offs 4 (332) (59) (106) (497) (737) Reclassifications (761) (1) 0 (761) (12) Foreign currency translation (135) (24) (6) (164) (243) Balance at the end of the year 7,425 1,714 5,699 14,839 14,225 Net book value Net book value at the beginning of the year 4,976 2,828 3,835 1,250 12,888 13,109 Net book value at the end of the 4,162 2,746 4,245 1,136 6 12,288 12,888 1 Includes leasehold relation to real estate, including offices, 614 m (2021: USD 657 m). Interest expense on lease liabilities is included within Interest expense from financial material gains or losses arising current assets held for a value in use approach was 939 m related to software 197 m related to Owned properties |
UBS AG | |
Entity [Table] | |
Disclosure Of Property Equipment Software Tables Explanatory | At historical cost less accumulated depreciation USD m Owned properties and equipment 1 Leased properties and equipment 2 Software Projects in progress 2022 3 2021 3 Historical cost Balance at the beginning of the year 11,494 3,994 7,924 1,130 24,542 23,785 Additions 90 1 380 330 1,059 1,859 1,789 Disposals / write-offs 4 (284) (48) (81) 0 (414) (632) Reclassifications (796) 0 1,052 (1,150) (894) (18) Foreign currency translation (152) (50) (5) 7 (200) (381) Balance at the end of the year 10,352 4,275 9,220 1,046 24,893 24,542 Accumulated depreciation Balance at the beginning of the year 7,178 1,272 4,380 12,830 11,827 Depreciation 463 430 926 1,819 1,835 Impairment 5 2 0 0 2 9 Disposals / write-offs 4 (283) (45) (81) (410) (619) Reclassifications (565) (1) 0 (566) (12) Foreign currency translation (98) (18) 17 (99) (210) Balance at the end of the year 6,697 1,638 5,242 13,577 12,830 Net book value Net book value at the beginning of the year 4,316 2,722 3,544 1,130 11,712 11,958 Net book value at the end of the 3,655 2,637 3,978 1,046 6 11,316 11,712 1 Includes leasehold improvements and IT hardware. in relation to 589 m (2021: USD 632 m). Interest expense Interest expense from were no material other non-current assets held for based on a value in use approach 858 m related to software and 188 m related to Owned properties |
Goodwill and intangible assets
Goodwill and intangible assets (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of information for cashgenerating unit with significant amount of goodwill explanatory | Discount and growth rates Discount rates Growth rates In % 31.12.22 31.12.21 31.12.22 31.12.21 Global Wealth Management Americas 10.5 9.5 3.8 4.0 Global Wealth Management Switzerland and International 9.4 8.5 3.6 3.1 Asset Management 9.5 8.5 3.4 2.9 |
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill Explanatory | USD m Goodwill Intangible assets 1 2022 2021 Historical cost Balance at the beginning of the year 6,126 1,612 7,739 7,865 Additions 0 0 0 1 Disposals 2 (22) 0 (22) (3) Write-offs 0 0 0 (41) Foreign currency translation (61) (14) (76) (83) Balance at the end of the year 6,043 1,598 7,641 7,739 Accumulated amortization and Balance at the beginning of the year 1,360 1,360 1,385 Amortization 26 26 31 Impairment / (reversal of impairment) (1) (1) (1) Write-offs 0 0 (41) Foreign currency translation (11) (11) (13) Balance at the end of the year 1,374 1,374 1,360 Net book value at the end of the 6,043 224 6,267 6,378 of which: Global Wealth Management Americas 3,709 31 3,740 3,760 of which: Global Wealth Management Switzerland 1,166 59 1,225 1,276 of which: Asset Management 1,167 0 1,167 1,202 of which: Investment Bank 0 135 135 139 1 Intangible 2 Reflects the derecognition |
Disclosure Of Assets With Infinite Useful Lives And Finite Useful Lives Intangible Assets Future Amortization Expense Explanatory | USD m Intangible assets Estimated aggregated amortization 2023 26 2024 24 2025 23 2026 23 2027 22 Thereafter 104 Not amortized due to indefinite useful life 2 Total 224 |
UBS AG | |
Entity [Table] | |
Disclosure of information for cashgenerating unit with significant amount of goodwill explanatory | Discount and growth rates Discount rates Growth rates In % 31.12.22 31.12.21 31.12.22 31.12.21 Global Wealth Management Americas 10.5 9.5 3.8 4.0 Global Wealth Management Switzerland and International 9.4 8.5 3.6 3.1 Asset Management 9.5 8.5 3.4 2.9 |
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill Explanatory | USD m Goodwill Intangible assets 1 2022 2021 Historical cost Balance at the beginning of the year 6,126 1,612 7,739 7,865 Additions 0 0 0 1 Disposals 2 (22) 0 (22) (3) Write-offs 0 0 0 (41) Foreign currency translation (61) (14) (76) (83) Balance at the end of the year 6,043 1,598 7,641 7,739 Accumulated amortization and Balance at the beginning of the year 1,360 1,360 1,385 Amortization 26 26 31 Impairment / (reversal of impairment) (1) (1) (1) Write-offs 0 0 (41) Foreign currency translation (11) (11) (13) Balance at the end of the year 1,374 1,374 1,360 Net book value at the end of the 6,043 224 6,267 6,378 of which: Global Wealth Management Americas 3,709 31 3,740 3,760 of which: Global Wealth Management Switzerland 1,166 59 1,225 1,276 of which: Asset Management 1,167 0 1,167 1,202 of which: Investment Bank 0 135 135 139 1 Intangible assets mainly include customer relationships, contractual rights and the fully amortized branch network intangible asset recognized in connection with the acquisition of PaineWebber Group, Inc. the derecognition of goodwill |
Disclosure Of Assets With Infinite Useful Lives And Finite Useful Lives Intangible Assets Future Amortization Expense Explanatory | USD m Intangible assets Estimated aggregated amortization 2023 26 2024 24 2025 23 2026 23 2027 22 Thereafter 104 Not amortized due to indefinite useful life 2 Total 224 |
Other financial and non-finan_3
Other financial and non-financial assets (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Other financial assets measured at amortized cost | |
Entity [Table] | |
Disclosure Of Other Assets Explanatory | USD m 31.12.22 31.12.21 Debt securities 44,594 18,858 Loans to financial advisors 2,611 2,453 Fee- 1,812 1,972 Finance lease receivables 1,315 1,356 Settlement and clearing accounts 1,175 455 Accrued interest income 1,259 520 Other 499 594 Total other financial assets 53,264 26,209 |
Other non-financial assets | |
Entity [Table] | |
Disclosure Of Other Assets Explanatory | USD m 31.12.22 31.12.21 Precious metals and other physical commodities 4,471 5,258 Deposits and collateral provided in connection 1 2,205 1,526 Prepaid expenses 1,076 1,108 VAT, 1,468 638 Properties and other non 369 32 Assets of disposal group held for sale 2 1,093 Other 578 621 Total other non-financial 10,166 10,277 1 Refer to Note 17 for more information. |
UBS AG | Other financial assets measured at amortized cost | |
Entity [Table] | |
Disclosure Of Other Assets Explanatory | USD m 31.12.22 31.12.21 Debt securities 44,594 18,858 Loans to financial advisors 2,611 2,453 Fee- 1,803 1,966 Finance lease receivables 1,314 1,356 Settlement and clearing accounts 1,174 455 Accrued interest income 1,276 521 Other 618 627 Total other financial assets 53,389 26,236 |
UBS AG | Other non-financial assets | |
Entity [Table] | |
Disclosure Of Other Assets Explanatory | USD m 31.12.22 31.12.21 Precious metals and other physical commodities 4,471 5,258 Deposits and collateral provided in connection 1 2,205 1,526 Prepaid expenses 709 717 VAT, 1,405 591 Properties and other non 279 32 Assets of disposal group held for sale 2 1,093 Other 583 618 Total other non-financial 9,652 9,836 1 Refer to Note 17 for more information. |
Customer deposits (Tables)
Customer deposits (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Customer Deposits Explanatory | USD m 31.12.22 31.12.21 Demand deposits 180,822 246,417 Retail savings / deposits 149,310 133,354 Sweep deposits 69,223 113,870 Time deposits 1 125,696 48,365 Total customer deposits 525,051 542,007 1 Includes customer deposits |
UBS AG | |
Entity [Table] | |
Disclosure Of Customer Deposits Explanatory | USD m 31.12.22 31.12.21 Demand deposits 182,307 247,299 Retail savings / deposits 149,310 133,354 Sweep deposits 69,223 113,870 Time deposits 1 126,331 50,312 Total customer deposits 527,171 544,834 1 Includes customer deposits |
Funding From Group Explanatory | USD m 31.12.22 31.12.21 Senior unsecured debt that 42,073 38,984 Senior unsecured debt other than 236 4,471 Subordinated debt 13,838 13,840 of which: eligible as high-trigger loss-absorbing additional 10,654 11,414 of which: eligible as low-trigger loss-absorbing additional 1,187 2,426 Total funding from UBS 1 56,147 57,295 1 UBS AG has also recognized |
Debt issued designated at fai_2
Debt issued designated at fair value (Table) - Debt issued designated at fair value | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Designated Financial Liabilities At Fair Value Through Profit Or Loss | USD m 31.12.22 31.12.21 Issued debt instruments Equity-linked 1 41,901 47,059 Rates-linked 16,276 16,369 Credit-linked 2,170 1,723 Fixed-rate 6,538 2,868 Commodity-linked 4,294 2,911 Other 2,459 2,868 of which: debt that contributes to total loss-absorbing 1,959 2,136 Total debt issued designated 73,638 73,799 of which: issued by UBS AG with original maturity greater 2 57,750 57,967 1 Includes investment fund unit-linked instruments 100 % of the balance was unsecured (31 December 2021: 100 %). |
UBS AG | |
Entity [Table] | |
Disclosure Of Designated Financial Liabilities At Fair Value Through Profit Or Loss | USD m 31.12.22 31.12.21 Issued debt instruments Equity-linked 1 41,901 47,059 Rates-linked 16,276 16,369 Credit-linked 2,170 1,723 Fixed-rate 6,538 2,868 Commodity-linked 4,294 2,911 Other 663 529 Total debt issued designated 71,842 71,460 of which: issued by UBS AG with original maturity greater 2 57,750 57,967 1 Includes investment fund unit-linked instruments 100 % of the balance was unsecured (31 December 2021: 100 %). |
Debt issued measured at amortiz
Debt issued measured at amortized cost (Tables) - Notes And Debentures Issued [Member] | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Detailed Information About Borrowings Explanatory | USD m 31.12.22 31.12.21 Short-term debt 1 29,676 43,098 Senior unsecured debt that 42,073 38,984 Senior unsecured debt other than 17,892 27,590 of which: issued by UBS AG with original maturity greater 17,892 23,307 Covered bonds 0 1,389 Subordinated debt 16,017 18,640 of which: eligible as high-trigger loss-absorbing additional 9,882 11,052 of which: eligible as low-trigger loss-absorbing additional 1,189 2,425 of which: eligible as low-trigger loss-absorbing tier 2 capital 2,422 2,596 of which: eligible as non-Basel III-compliant tier 2 capital 536 547 Debt issued through the Swiss central mortgage 8,962 9,454 Long-term debt 2 84,945 96,057 Total debt issued 3 114,621 139,155 1 Debt with an classification of presented. |
UBS AG | |
Entity [Table] | |
Disclosure Of Detailed Information About Borrowings Explanatory | USD m 31.12.22 31.12.21 Short-term debt 1 29,676 43,098 Senior unsecured debt 17,892 23,328 of which: issued by UBS AG with original maturity greater 17,892 23,307 Covered bonds 0 1,389 Subordinated debt 2,968 5,163 of which: eligible as low-trigger loss-absorbing tier 2 capital 2,422 2,596 of which: eligible as non-Basel III-compliant tier 2 capital 536 547 Debt issued through the Swiss central mortgage 8,962 9,454 Long-term debt 2 29,823 39,334 Total debt issued 3 59,499 82,432 1 Debt with an classification of presented. |
Provisions and contingent liabi
Provisions and contingent liabilities (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Total provisions recognized under both IAS 37 and IFRS 9 [textblock] | USD m 31.12.22 31.12.21 Provisions other than provisions for expected credit 3,042 3,322 Provisions for expected credit losses 1 201 196 Total provisions 3,243 3,518 1 Refer to Note 9 for more information |
Total provisions with additional information [textblock] | USD m Litigation, regulatory and similar matters 1 Restructuring Other 3 Total 2022 Balance at the beginning of the 2,798 172 352 3,322 Increase in provisions recognized in the income statement 406 231 53 690 Release of provisions recognized in the income statement (58) (25) (36) (118) Provisions used in conformity with designated purpose (470) (243) (32) (745) Capitalized reinstatement costs 0 0 1 1 Foreign currency translation / unwind (91) (5) (12) (108) Balance at the end of the year 2,586 130 2 326 3,042 1 Consists of provisions for losses resulting 102 m as of 31 December 2022 (31 125 m) and provisions for onerous contracts 28 m as of 31 December 2022 47 m). |
Disclosure of provisions for litigation, regulatory and similar matters [text block] | Provisions for litigation, regulatory 1 USD m Global Wealth Manage- ment Personal & Corporate Banking Manage- ment Investment Bank Group Functions Total 2022 Balance at the beginning of the 1,338 181 8 310 962 2,798 Increase in provisions recognized in the income statement 268 2 1 129 6 406 Release of provisions recognized in the income statement (23) (15) 0 (8) (12) (58) Provisions used in conformity with designated purpose (331) 0 0 (115) (23) (470) Reclassifications 0 0 0 4 (4) 0 Foreign currency translation / unwind (70) (9) 0 (11) 0 (91) Balance at the end of the year 1,182 159 8 308 928 2,586 1 Provisions, if Provisions, if any, are allocated between the Investment |
UBS AG | |
Entity [Table] | |
Total provisions recognized under both IAS 37 and IFRS 9 [textblock] | USD m 31.12.22 31.12.21 Provisions other than provisions for expected credit 2,982 3,256 Provisions for expected credit losses 1 201 196 Total provisions 3,183 3,452 1 Refer to Note 9 for more information |
Total provisions with additional information [textblock] | USD m Litigation, regulatory and similar matters 1 Restructuring Other 3 Total 2022 Balance at the beginning of the 2,798 137 321 3,256 Increase in provisions recognized in the income statement 406 174 49 629 Release of provisions recognized in the income statement (57) (19) (32) (109) Provisions used in conformity with designated purpose (470) (189) (31) (689) Capitalized reinstatement costs 0 0 1 1 Foreign currency translation / unwind (90) (5) (11) (106) Balance at the end of the year 2,586 98 2 297 2,982 1 Consists of provisions 70 m as of 31 December 90 m) and provisions for onerous contracts 28 m as of 31 December 2022 47 m). |
Disclosure of provisions for litigation, regulatory and similar matters [text block] | Provisions for litigation, regulatory 1 USD m Global Wealth Manage- ment Personal & Corporate Banking Manage- ment Investment Bank Group Functions Total 2022 Balance at the beginning of the 1,338 181 8 310 962 2,798 Increase in provisions recognized in the income statement 268 2 1 129 6 406 Release of provisions recognized in the income statement (23) (15) 0 (8) (12) (57) Provisions used in conformity with designated purpose (331) 0 0 (115) (23) (470) Reclassifications Foreign currency translation / unwind (70) (9) 0 (11) 0 (90) Balance at the end of the year 1,182 159 8 308 928 2,586 1 Provisions, if Provisions, if any, are allocated between the Investment |
Other liabilities (Tables)
Other liabilities (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Other Financial Liabilities Measured At Amortized Cost Explanatory | USD m 31.12.22 31.12.21 Other accrued expenses 1,760 1,876 Accrued interest expenses 1,949 1,094 Settlement and clearing accounts 1,075 1,304 Lease liabilities 3,334 3,558 Other 1,457 1,167 Total other financial liabilities 9,575 9,001 |
Disclosure Of Other Financial Liabilities Designated At Fair Value Explanatory | USD m 31.12.22 31.12.21 Financial liabilities related to unit-linked investment 13,221 21,466 Securities financing transactions 15,333 6,377 Over-the-counter debt instruments and other 1,684 2,231 Total other financial liabilities designated 30,237 30,074 |
Disclosure Of Other Non Financial Liabilities Explanatory | USD m 31.12.22 31.12.21 Compensation related liabilities 6,822 7,257 1,614 1,628 1,463 1,512 2,680 2,846 469 633 1 596 638 Current tax liabilities 1,071 1,398 Deferred tax liabilities 236 300 VAT, 592 590 Deferred income 235 240 Liabilities of disposal group held for sale 2 1,298 Other 84 68 Total other non-financial 9,040 11,151 1 Includes liabilities for payroll |
UBS AG | |
Entity [Table] | |
Disclosure Of Other Financial Liabilities Measured At Amortized Cost Explanatory | USD m 31.12.22 31.12.21 Other accrued expenses 1,564 1,642 Accrued interest expenses 2,008 1,134 Settlement and clearing accounts 1,060 1,282 Lease liabilities 3,211 3,438 Other 2,549 2,269 Total other financial liabilities 10,391 9,765 |
Disclosure Of Other Financial Liabilities Designated At Fair Value Explanatory | USD m 31.12.22 31.12.21 Financial liabilities related to unit-linked investment 13,221 21,466 Securities financing transactions 15,333 6,377 Over-the-counter debt instruments and other 1,684 2,231 Funding from UBS Group AG 1,796 2,340 Total other financial liabilities designated 32,033 32,414 |
Disclosure Of Other Non Financial Liabilities Explanatory | USD m 31.12.22 31.12.21 Compensation-related liabilities 4,424 4,795 of which: financial advisor compensation plans 1,463 1,512 of which: other compensation plans 2,023 2,140 of which: net defined benefit liability 449 617 of which: other compensation-related liabilities 1 490 526 Current tax liabilities 1,044 1,365 Deferred tax liabilities 233 297 VAT, 472 524 Deferred income 233 225 Liabilities of disposal group held for sale 2 1,298 Other 84 68 Total other non-financial 6,489 8,572 1 Includes liabilities for payroll |
Expected credit loss measurem_2
Expected credit loss measurement (Tables) | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Disclosure Of Credit Loss Expense Recovery Explanatory | Credit loss expense USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions Total For the year ended Stages 1 and 2 (5) 27 0 6 1 29 Stage 3 5 12 0 (18) 2 0 Total credit loss expense / 0 39 0 (12) 3 29 For the year ended Stages 1 and 2 (28) (62) 0 (34) 0 (123) Stage 3 (1) (24) 1 0 0 (25) Total credit loss expense / (29) (86) 1 (34) 0 (148) For the year ended Stages 1 and 2 48 129 0 88 0 266 Stage 3 40 128 2 217 42 429 Total credit loss expense / 88 257 2 305 42 694 | |
Disclosure Of Key Macro Economic Scenario Weights Explanatory | Economic scenarios and weights applied Assigned weights in % ECL scenario 31.12.22 31.12.21 Asset price inflation 0.0 5.0 Baseline 60.0 55.0 Mild global interest rate steepening 0.0 10.0 Stagflationary geopolitical crisis 25.0 0.0 Global crisis 15.0 30.0 | |
Disclosure Of Key Macro Economic Variables Explanatory | Scenario assumptions One year Three years cumulative 31.12.22 Asset price inflation Baseline Stagflationary geopolitical crisis Global crisis Asset price inflation Baseline Stagflationary geopolitical crisis Global crisis Real GDP growth (% change) United States 4.0 (0.3) (4.8) (6.4) 9.1 3.2 (4.4) (1.8) Eurozone 3.0 0.6 (5.6) (8.5) 6.2 2.5 (5.7) (8.3) Switzerland 3.0 0.7 (4.8) (6.7) 6.6 3.5 (4.9) (3.7) Consumer price index (% change) United States 2.5 2.6 10.0 (0.5) 8.1 6.5 15.8 1.2 Eurozone 2.3 5.0 9.6 (0.7) 7.4 9.6 14.8 (0.7) Switzerland 2.1 1.6 5.8 (1.8) 6.2 3.9 10.7 (1.6) Unemployment rate (end-of United States 3.0 3.9 9.2 10.0 3.0 5.3 11.8 9.4 Eurozone 6.0 7.0 10.9 11.9 6.0 7.1 12.2 13.0 Switzerland 1.7 2.3 4.3 4.4 1.5 2.6 5.1 4.9 Fixed income: 10-year government USD 25.0 (5.6) 235.0 (326.0) 70.0 (13.2) 205.0 (291.1) EUR 20.0 47.8 250.0 (270.6) 57.5 44.7 220.0 (246.5) CHF 25.0 45.7 220.0 (209.7) 62.5 57.0 205.0 (159.6) Equity indices (% change) S&P 500 20.0 7.4 (51.5) (50.0) 51.7 22.8 (45.6) (27.9) EuroStoxx 50 17.0 17.2 (51.6) (50.0) 42.9 29.2 (47.2) (39.3) SPI 14.0 5.6 (51.6) (46.0) 37.9 19.3 (47.2) (32.9) Swiss real estate (% change) Single-Family Homes 6.6 1.1 (16.7) (19.9) 14.0 2.3 (32.9) (23.9) Other real estate (% change) United States (S&P / Case–Shiller) 7.8 (4.5) (12.8) (19.3) 19.1 (0.6) (35.8) (32.7) Eurozone (House Price Index) 7.0 (2.7) (8.4) (8.9) 15.4 2.0 (14.7) (17.5) | Scenario assumptions One year Three years cumulative 31.12.21 Asset price inflation Baseline Mild global interest rate steepening Global crisis Asset price inflation Baseline Mild global interest rate steepening Global crisis Real GDP growth (% change) United States 9.1 4.4 (0.1) (5.9) 17.8 10.1 1.8 (3.8) Eurozone 9.4 3.9 (0.1) (8.7) 17.3 7.5 0.9 (10.3) Switzerland 5.5 2.4 (0.9) (6.6) 13.1 5.8 (0.1) (5.7) Consumer price index (% change) United States 3.1 2.2 5.7 (1.2) 9.5 6.3 13.0 0.4 Eurozone 2.3 1.4 4.2 (1.3) 8.0 4.8 10.4 (1.7) Switzerland 1.8 0.3 3.5 (1.8) 6.1 1.7 9.0 (1.6) Unemployment rate (end-of United States 3.0 3.9 6.1 10.9 3.0 3.5 7.2 10.8 Eurozone 6.2 7.4 8.7 12.9 6.0 7.2 9.1 15.1 Switzerland 2.3 2.5 3.4 5.2 1.6 2.3 4.2 5.9 Fixed income: 10-year government USD 50.0 16.5 259.2 (50.0) 170.0 41.2 329.2 (15.0) EUR 40.0 11.1 283.8 (35.0) 140.0 34.9 349.3 (25.0) CHF 50.0 12.1 245.5 (70.0) 150.0 34.4 307.3 (35.0) Equity indices (% change) S&P 500 12.0 14.1 (27.0) (50.2) 35.5 24.7 (21.8) (40.1) EuroStoxx 50 16.0 12.3 (23.4) (57.6) 41.6 20.7 (19.9) (50.4) SPI 14.0 12.1 (22.9) (53.6) 37.9 19.1 (19.6) (44.2) Swiss real estate (% change) Single-Family Homes 5.1 4.4 (4.3) (17.0) 15.5 7.4 (8.8) (30.0) Other real estate (% change) United States (S&P / Case–Shiller) 10.0 3.5 (2.3) (9.5) 21.7 7.1 (8.7) (26.3) Eurozone (House Price Index) 8.4 5.1 (4.0) (5.4) 17.8 9.6 (7.6) (10.8) |
Disclosure Of Credit Risk Exposure Movement Explanatory | Development of ECL allowances USD m Total Stage 1 Stage 2 Stage 3 Balance as of 31 December 2021 (1,165) (282) (220) (662) Net movement from new and derecognized 1 (7) (21) 16 (2) of which: Private clients with mortgages (6) (6) 0 0 of which: Real estate financing (3) (5) 2 0 of which: Large corporate clients 8 (1) 11 (2) of which: SME clients (1) (1) 0 0 of which: Other (6) (8) 3 0 0 (2) 2 0 0 0 0 0 Remeasurements with stage transfers 2 (65) 20 (39) (46) of which: Private clients with mortgages (10) 3 (12) 0 of which: Real estate financing 7 (1) 8 0 of which: Large corporate clients (33) 16 (28) (21) of which: SME clients (23) 2 (2) (22) of which: Other (6) 1 (4) (3) 0 0 0 0 1 2 (1) 0 Remeasurements without 3 13 (8) (27) 48 of which: Private clients with mortgages (12) 5 (18) 1 of which: Real estate financing 13 3 10 0 of which: Large corporate clients 32 (11) 2 41 of which: SME clients (6) (10) (9) 14 of which: Other (15) 5 (12) (8) (8) 0 (8) 0 (3) 3 (1) (6) Model changes 4 30 29 1 0 Movements with profit or loss impact 5 (29) 20 (49) 0 Movements without profit or loss impact 6 104 3 1 99 Balance as of 31 December 2022 (1,091) (259) (267) (564) 1 Represents derecognition of loans or facilities on their maturity date or earlier. related to 4 Represents the change in the allowances methodology changes. uncollectible or forgiven and | Development of ECL allowances USD m Total Stage 1 Stage 2 Stage 3 Balance as of 31 December 2020 (1,468) (306) (333) (829) Net movement from new and derecognized 1 (59) (72) 13 0 of which: Private clients with mortgages (7) (10) 3 0 of which: Real estate financing (7) (11) 4 0 of which: Large corporate clients (13) (21) 7 0 of which: SME clients (8) (8) 0 0 of which: Other (24) (23) (2) 0 (21) (18) (4) 0 0 (1) 1 0 Remeasurements with stage transfers 2 (40) 8 0 (49) of which: Private clients with mortgages (9) 4 (13) 0 of which: Real estate financing (3) 1 (4) 0 of which: Large corporate clients 2 (2) 12 (8) of which: SME clients (27) 5 4 (36) of which: Other (3) 0 2 (4) 2 (1) 3 0 0 1 (1) 0 Remeasurements without 3 203 55 74 74 of which: Private clients with mortgages 33 8 26 (1) of which: Real estate financing 30 13 13 3 of which: Large corporate clients 44 5 21 17 of which: SME clients 53 (1) 1 53 of which: Other 44 29 14 2 27 15 12 0 6 8 1 (3) Model changes 4 45 29 16 0 Movements with profit or loss impact 5 148 19 104 25 Movements without profit or loss impact 6 154 5 9 141 Balance as of 31 December 2021 (1,165) (282) (220) (662) 1 Represents derecognition of loans or facilities on their maturity date or earlier. related to 4 Represents the change in the allowances methodology changes. uncollectible or forgiven and |
Disclosure Of Credit Risk Exposure Categories Explanatory | ECL stage 2 (“significant deterioration USD m Stage 2 of which: PD layer of which: watch list of which: ≥30 days past due On- (267) (196) (21) (50) of which: Private clients with mortgages (107) (83) 0 (25) of which: Real estate financing (23) (18) 0 (5) of which: Large corporate clients (65) (51) (13) 0 of which: SME clients (37) (22) (7) (7) of which: Financial intermediaries and hedge funds (17) (17) 0 0 of which: Loans to financial advisors (2) 0 0 (2) of which: Credit cards (12) 0 0 (12) of which: Other (5) (5) 0 0 | |
Disclosure Of Maximum Exposure To Credit Risk Explanatory | Maximum exposure to credit 31.12.22 Collateral 1,2 Credit enhancements 1 Exposure to credit risk after collateral and credit enhancements USD bn Maximum exposure to credit risk Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral 3 Netting Credit derivative contracts Guarantees Financial assets measured at amortized cost on the balance sheet Cash and balances at central banks 169.4 169.4 Loans and advances to banks 4 14.8 0.0 0.1 14.7 Receivables from securities financing transactions measured at amortized cost 67.8 0.0 64.5 2.4 0.9 Cash collateral receivables on derivative 5,6 35.0 22.9 12.1 Loans and advances to customers 387.2 33.6 115.9 197.8 19.6 3.0 17.3 Other financial assets measured at amortized cost 53.3 0.1 0.5 0.0 1.3 51.3 Total financial assets 727.6 33.7 181.0 197.9 23.4 22.9 0.0 3.0 265.8 Financial assets measured at through other comprehensive income – debt 2.2 2.2 Total maximum exposure to reflected on the balance sheet within 729.8 33.7 181.0 197.9 23.4 22.9 0.0 3.0 268.0 Guarantees 7 22.1 1.2 9.3 0.1 2.0 1.8 7.7 Loan commitments 7 39.9 0.2 3.1 1.3 6.5 0.1 1.0 27.8 Forward starting transactions, and securities borrowing agreements 3.8 3.8 0.0 Committed unconditionally revocable credit lines 41.4 0.2 8.2 6.0 6.2 0.5 20.2 Total maximum exposure to reflected on the balance sheet within 107.2 1.6 24.4 7.5 14.7 0.0 0.1 3.3 55.7 31.12.21 Collateral 1,2 Credit enhancements 1 Exposure to credit risk after collateral and credit enhancements USD bn Maximum exposure to credit risk Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral 3 Netting Credit derivative contracts Guarantees Financial assets measured at amortized cost on the balance sheet Cash and balances at central banks 192.8 192.8 Loans and advances to banks 4 15.5 0.1 0.1 15.3 Receivables from securities financing transactions measured at amortized cost 75.0 0.0 68.0 6.9 0.0 Cash collateral receivables on derivative 5,6 30.5 18.4 12.1 Loans and advances to customers 397.8 37.5 128.7 191.3 20.2 4.0 16.2 Other financial assets measured at amortized cost 26.2 0.2 0.1 0.0 1.3 24.6 Total financial assets 737.8 37.7 196.9 191.3 28.4 18.4 0.0 4.0 261.0 Financial assets measured at through other comprehensive income – debt 8.8 8.8 Total maximum exposure to reflected on the balance sheet within 746.6 37.7 196.9 191.3 28.4 18.4 0.0 4.0 269.8 Guarantees 7 20.9 1.3 6.5 0.2 2.5 2.3 8.1 Loan commitments 7 39.4 0.5 4.0 2.4 7.3 0.3 1.7 23.1 Forward starting transactions, and securities borrowing agreements 1.4 1.4 0.0 Committed unconditionally revocable credit lines 40.7 0.3 9.0 6.2 3.9 0.5 20.9 Total maximum exposure to reflected on the balance sheet within 102.5 2.2 20.9 8.7 13.7 0.0 0.3 4.5 52.1 1 Of which: USD 1,372 m for 31 December 2022 (31 December 2021: USD 1,443 m) relates to total credit-impaired financial assets measured 113 m for 31 December 2022 (31 December USD 130 m) to total off-balance sheet financial instruments and credit lines for credit-impaired positions. real estate and other collateral. UBS gold and other commodities. within Cash collateral associated credit “Guarantees” column includes | |
Disclosure Of Internal Credit Exposures Explanatory | Financial assets subject to credit risk by USD m 31.12.22 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total gross carrying amount ECL allowances Net carrying amount (maximum exposure to credit risk) Financial assets measured at amortized Cash and balances at central banks 168,525 877 0 0 56 0 169,457 (12) 169,445 of which: stage 1 168,525 877 0 0 0 0 169,402 0 169,402 of which: stage 2 0 0 0 0 56 0 56 (12) 44 Loans and advances to banks 862 12,257 860 440 379 0 14,798 (6) 14,792 of which: stage 1 862 12,257 860 440 378 0 14,797 (5) 14,792 of which: stage 2 0 0 0 0 1 0 1 (1) 1 of which: stage 3 0 0 0 0 0 0 0 0 0 Receivables from securities amortized cost 27,158 15,860 8,870 15,207 721 0 67,816 (2) 67,814 of which: stage 1 27,158 15,860 8,870 15,207 721 0 67,816 (2) 67,814 Cash collateral receivables on 10,613 12,977 7,138 4,157 147 0 35,033 0 35,032 of which: stage 1 10,613 12,977 7,138 4,157 147 0 35,033 0 35,032 Loans and advances to customers 6,491 214,473 68,356 74,732 21,939 2,012 388,003 (783) 387,220 of which: stage 1 6,491 212,980 66,114 68,034 16,605 0 370,224 (129) 370,095 of which: stage 2 0 1,493 2,242 6,698 5,334 0 15,767 (180) 15,587 of which: stage 3 0 0 0 0 0 2,012 2,012 (474) 1,538 Other financial assets measured at 29,011 16,632 447 6,600 450 210 53,350 (86) 53,264 of which: stage 1 29,011 16,630 427 6,317 336 0 52,721 (17) 52,704 of which: stage 2 0 2 20 283 114 0 419 (6) 413 of which: stage 3 0 0 0 0 0 210 210 (63) 147 Total financial assets 242,660 273,076 85,671 101,136 23,693 2,222 728,457 (889) 727,568 On-balance sheet financial instruments Financial assets measured at FVOCI 1,307 840 0 92 0 0 2,239 0 2,239 Total on-balance 243,966 273,916 85,671 101,228 23,693 2,222 730,696 (889) 729,807 | Financial assets subject to credit risk by USD m 31.12.21 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total gross carrying amount ECL allowances Net carrying amount (maximum exposure to credit risk) Financial assets measured at amortized Cash and balances at central banks 191,015 1,802 0 0 0 0 192,817 0 192,817 of which: stage 1 191,015 1,802 0 0 0 0 192,817 0 192,817 Loans and advances to banks 407 12,623 1,171 795 490 1 15,488 (8) 15,480 of which: stage 1 407 12,623 1,146 795 488 0 15,460 (7) 15,453 of which: stage 2 0 0 24 0 2 0 27 (1) 26 of which: stage 3 0 0 0 0 0 1 1 0 1 Receivables from securities measured at amortized cost 34,386 11,267 10,483 17,440 1,439 0 75,014 (2) 75,012 of which: stage 1 34,386 11,267 10,483 17,440 1,439 0 75,014 (2) 75,012 Cash collateral receivables on 7,466 13,476 5,878 3,647 47 0 30,514 0 30,514 of which: stage 1 7,466 13,476 5,878 3,647 47 0 30,514 0 30,514 Loans and advances to customers 5,295 232,233 67,620 69,892 21,423 2,148 398,611 (850) 397,761 of which: stage 1 5,295 231,153 65,084 62,796 16,362 0 380,690 (126) 380,564 of which: stage 2 0 1,080 2,536 7,096 5,061 0 15,773 (152) 15,620 of which: stage 3 0 0 0 0 0 2,148 2,148 (572) 1,577 Other financial assets measured at 12,564 6,702 321 6,072 394 264 26,318 (109) 26,209 of which: stage 1 12,564 6,693 307 5,863 317 0 25,745 (27) 25,718 of which: stage 2 0 10 13 209 77 0 309 (7) 302 of which: stage 3 0 0 0 0 0 264 264 (76) 189 Total financial assets 251,133 278,103 85,472 97,846 23,793 2,414 738,762 (969) 737,794 On-balance sheet financial instruments Financial assets measured at FVOCI 3,996 4,771 0 77 0 0 8,844 0 8,844 Total on-balance 255,130 282,874 85,472 97,923 23,793 2,414 747,606 (969) 746,638 |
Disclosure Of Off Balance Sheet Positions By Rating Category Explanatory | Off-balance sheet positions subject to expected USD m 31.12.22 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total off- balance sheet exposure (maximum exposure to credit risk) ECL provisions Off-balance sheet financial instruments Guarantees 7,252 5,961 4,772 3,049 1,025 108 22,167 (48) of which: stage 1 7,252 5,917 3,812 2,229 596 0 19,805 (13) of which: stage 2 0 44 960 821 429 0 2,254 (9) of which: stage 3 0 0 0 0 0 108 108 (26) Irrevocable loan commitments 1,770 14,912 6,986 10,097 6,107 124 39,996 (111) of which: stage 1 1,770 14,789 6,818 9,625 4,529 0 37,531 (59) of which: stage 2 0 123 168 472 1,578 0 2,341 (52) of which: stage 3 0 0 0 0 0 124 124 0 Forward starting reverse repurchase 2,781 2 11 1,007 0 0 3,801 0 Total off-balance sheet 11,803 20,874 11,769 14,153 7,132 233 65,964 (159) Credit lines Committed unconditionally revocable 2,288 15,918 9,247 10,162 3,739 36 41,390 (40) of which: stage 1 2,288 15,213 8,960 9,631 3,429 0 39,521 (32) of which: stage 2 0 705 287 531 310 0 1,833 (8) of which: stage 3 0 0 0 0 0 36 36 0 Irrevocable committed prolongation 7 1,939 1,489 868 392 2 4,696 (2) of which: stage 1 7 1,938 1,411 864 380 0 4,600 (2) of which: stage 2 0 1 78 4 11 0 94 0 of which: stage 3 0 0 0 0 0 2 2 0 Total credit lines 2,295 17,857 10,736 11,030 4,131 37 46,086 (42) 1 Refer to the “Internal UBS rating | Off-balance sheet positions subject to expected USD m 31.12.21 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total off- balance sheet exposure (maximum exposure to credit risk) ECL provisions Off-balance sheet financial instruments Guarantees 4,457 7,064 4,535 3,757 1,009 150 20,972 (41) of which: stage 1 4,457 7,037 4,375 3,075 752 0 19,695 (18) of which: stage 2 0 27 160 682 258 0 1,127 (8) of which: stage 3 0 0 0 0 0 150 150 (15) Irrevocable loan commitments 2,797 14,183 7,651 8,298 6,502 46 39,478 (114) of which: stage 1 2,797 13,917 7,416 7,127 5,840 0 37,097 (72) of which: stage 2 0 266 235 1,171 663 0 2,335 (42) of which: stage 3 0 0 0 0 0 46 46 0 Forward starting reverse repurchase 0 0 55 1,389 0 0 1,444 0 Total off-balance sheet 7,254 21,247 12,241 13,444 7,512 196 61,894 (155) Credit lines Committed unconditionally revocable 2,636 15,594 8,627 9,752 4,107 63 40,778 (38) of which: stage 1 2,636 15,250 8,304 8,346 3,671 0 38,207 (28) of which: stage 2 0 344 323 1,406 436 0 2,508 (10) of which: stage 3 0 0 0 0 0 63 63 0 Irrevocable committed prolongation 17 2,438 1,422 1,084 602 48 5,611 (3) of which: stage 1 17 2,438 1,422 1,082 568 0 5,527 (3) of which: stage 2 0 0 0 1 34 0 36 0 of which: stage 3 0 0 0 0 0 48 48 0 Total credit lines 2,653 18,032 10,049 10,836 4,709 111 46,390 (41) 1 Refer to the “Internal UBS rating |
Scenario Sensitivity Analysis Explanatory | Actual ECL allowances and provisions, including staging (as per Note 9) Pro forma ECL allowances and provisions, assuming all positions being subject to lifetime ECL Scenarios Weighted average 100% Baseline 100% Asset price inflation 100% Stagflationary geopolitical crisis 100% Global crisis Weighted average USD m, except where indicated Segmentation Private clients with mortgages (136) (25) (13) (523) (184) (473) Real estate financing (43) (26) (22) (176) (30) (126) Large corporate clients (136) (97) (84) (199) (174) (235) SME clients (86) (67) (66) (162) (97) (153) Other segments (125) (114) (111) (145) (153) (281) Total (526) (329) (295) (1,204) (638) (1,267) | |
Scenario Sensitivity Analysis Calculation Change Explanatory | USD m 100% Baseline 100% Stagflationary geopolitical crisis 100% Global crisis Weighted average Change in key parameters Fixed income: Government bonds –0.50% (3) (106) (2) (14) +0.50% 4 124 2 17 +1.00% 8 264 10 37 Unemployment rate (absolute change) –1.00% (4) (138) (24) (23) –0.50% (2) (78) (13) (12) +0.50% 3 84 16 15 +1.00% 5 179 32 31 Real GDP growth (relative change) –2.00% 7 13 18 11 –1.00% 3 7 9 5 +1.00% (3) (7) (9) (5) +2.00% (5) (13) (18) (10) House Price Index (relative change) –5.00% 15 196 88 56 –2.50% 7 92 40 25 +2.50% (4) (83) (35) (19) +5.00% (7) (157) (65) (36) Equity (S&P500, EuroStoxx, SMI) –10.00% 4 7 6 5 –5.00% 2 3 3 2 +5.00% (2) (4) (3) (2) +10.00% (4) (8) (7) (5) | |
UBS AG | ||
Entity [Table] | ||
Disclosure Of Credit Loss Expense Recovery Explanatory | Credit loss expense USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Group Functions Total For the year ended Stages 1 and 2 (5) 27 0 6 1 29 Stage 3 5 12 0 (18) 2 0 Total credit loss expense / 0 39 0 (12) 3 29 For the year ended Stages 1 and 2 (28) (62) 0 (34) 0 (123) Stage 3 (1) (24) 1 0 0 (25) Total credit loss expense / (29) (86) 1 (34) 0 (148) For the year ended Stages 1 and 2 48 129 0 88 0 266 Stage 3 40 128 2 217 42 429 Total credit loss expense / 88 257 2 305 42 695 | |
Disclosure Of Key Macro Economic Scenario Weights Explanatory | Economic scenarios and weights applied Assigned weights in % ECL scenario 31.12.22 31.12.21 Asset price inflation 0.0 5.0 Baseline 60.0 55.0 Mild global interest rate steepening 0.0 10.0 Stagflationary geopolitical crisis 25.0 0.0 Global crisis 15.0 30.0 | |
Disclosure Of Key Macro Economic Variables Explanatory | Scenario assumptions One year Three years cumulative 31.12.22 Asset price inflation Baseline Stagflationary geopolitical crisis Global crisis Asset price inflation Baseline Stagflationary geopolitical crisis Global crisis Real GDP growth (% change) United States 4.0 (0.3) (4.8) (6.4) 9.1 3.2 (4.4) (1.8) Eurozone 3.0 0.6 (5.6) (8.5) 6.2 2.5 (5.7) (8.3) Switzerland 3.0 0.7 (4.8) (6.7) 6.6 3.5 (4.9) (3.7) Consumer price index (% change) United States 2.5 2.6 10.0 (0.5) 8.1 6.5 15.8 1.2 Eurozone 2.3 5.0 9.6 (0.7) 7.4 9.6 14.8 (0.7) Switzerland 2.1 1.6 5.8 (1.8) 6.2 3.9 10.7 (1.6) Unemployment rate (end-of United States 3.0 3.9 9.2 10.0 3.0 5.3 11.8 9.4 Eurozone 6.0 7.0 10.9 11.9 6.0 7.1 12.2 13.0 Switzerland 1.7 2.3 4.3 4.4 1.5 2.6 5.1 4.9 Fixed income: 10-year government USD 25.0 (5.6) 235.0 (326.0) 70.0 (13.2) 205.0 (291.1) EUR 20.0 47.8 250.0 (270.6) 57.5 44.7 220.0 (246.5) CHF 25.0 45.7 220.0 (209.7) 62.5 57.0 205.0 (159.6) Equity indices (% change) S&P 500 20.0 7.4 (51.5) (50.0) 51.7 22.8 (45.6) (27.9) EuroStoxx 50 17.0 17.2 (51.6) (50.0) 42.9 29.2 (47.2) (39.3) SPI 14.0 5.6 (51.6) (46.0) 37.9 19.3 (47.2) (32.9) Swiss real estate (% change) Single-Family Homes 6.6 1.1 (16.7) (19.9) 14.0 2.3 (32.9) (23.9) Other real estate (% change) United States (S&P / Case–Shiller) 7.8 (4.5) (12.8) (19.3) 19.1 (0.6) (35.8) (32.7) Eurozone (House Price Index) 7.0 (2.7) (8.4) (8.9) 15.4 2.0 (14.7) (17.5) | Scenario assumptions One year Three years cumulative 31.12.21 Asset price inflation Baseline Mild global interest rate steepening Global crisis Asset price inflation Baseline Mild global interest rate steepening Global crisis Real GDP growth (% change) United States 9.1 4.4 (0.1) (5.9) 17.8 10.1 1.8 (3.8) Eurozone 9.4 3.9 (0.1) (8.7) 17.3 7.5 0.9 (10.3) Switzerland 5.5 2.4 (0.9) (6.6) 13.1 5.8 (0.1) (5.7) Consumer price index (% change) United States 3.1 2.2 5.7 (1.2) 9.5 6.3 13.0 0.4 Eurozone 2.3 1.4 4.2 (1.3) 8.0 4.8 10.4 (1.7) Switzerland 1.8 0.3 3.5 (1.8) 6.1 1.7 9.0 (1.6) Unemployment rate (end-of United States 3.0 3.9 6.1 10.9 3.0 3.5 7.2 10.8 Eurozone 6.2 7.4 8.7 12.9 6.0 7.2 9.1 15.1 Switzerland 2.3 2.5 3.4 5.2 1.6 2.3 4.2 5.9 Fixed income: 10-year government USD 50.0 16.5 259.2 (50.0) 170.0 41.2 329.2 (15.0) EUR 40.0 11.1 283.8 (35.0) 140.0 34.9 349.3 (25.0) CHF 50.0 12.1 245.5 (70.0) 150.0 34.4 307.3 (35.0) Equity indices (% change) S&P 500 12.0 14.1 (27.0) (50.2) 35.5 24.7 (21.8) (40.1) EuroStoxx 50 16.0 12.3 (23.4) (57.6) 41.6 20.7 (19.9) (50.4) SPI 14.0 12.1 (22.9) (53.6) 37.9 19.1 (19.6) (44.2) Swiss real estate (% change) Single-Family Homes 5.1 4.4 (4.3) (17.0) 15.5 7.4 (8.8) (30.0) Other real estate (% change) United States (S&P / Case–Shiller) 10.0 3.5 (2.3) (9.5) 21.7 7.1 (8.7) (26.3) Eurozone (House Price Index) 8.4 5.1 (4.0) (5.4) 17.8 9.6 (7.6) (10.8) |
Disclosure Of Credit Risk Exposure Movement Explanatory | Development of ECL allowances USD m Total Stage 1 Stage 2 Stage 3 Balance as of 31 December 2021 (1,165) (282) (220) (662) Net movement from new and derecognized 1 (7) (21) 16 (2) of which: Private clients with mortgages (6) (6) 0 0 of which: Real estate financing (3) (5) 2 0 of which: Large corporate clients 8 (1) 11 (2) of which: SME clients (1) (1) 0 0 of which: Other (6) (8) 3 0 0 (2) 2 0 0 0 0 0 Remeasurements with stage transfers 2 (65) 20 (39) (46) of which: Private clients with mortgages (10) 3 (12) 0 of which: Real estate financing 7 (1) 8 0 of which: Large corporate clients (33) 16 (28) (21) of which: SME clients (23) 2 (2) (22) of which: Other (6) 1 (4) (3) 0 0 0 0 1 2 (1) 0 Remeasurements without 3 13 (8) (27) 48 of which: Private clients with mortgages (12) 5 (18) 1 of which: Real estate financing 13 3 10 0 of which: Large corporate clients 32 (11) 2 41 of which: SME clients (6) (10) (9) 14 of which: Other (15) 5 (12) (8) (8) 0 (8) 0 (3) 3 (1) (6) Model changes 4 30 29 1 0 Movements with profit or loss impact 5 (29) 20 (49) 0 Movements without profit or loss impact 6 104 3 1 99 Balance as of 31 December 2022 (1,091) (260) (267) (564) 1 Represents derecognition of loans or facilities on their maturity date or earlier. related to 4 Represents the change in the allowances methodology changes. uncollectible or forgiven and | Development of ECL allowances USD m Total Stage 1 Stage 2 Stage 3 Balance as of 31 December 2020 (1,468) (306) (333) (829) Net movement from new and derecognized 1 (59) (72) 13 0 of which: Private clients with mortgages (7) (10) 3 0 of which: Real estate financing (7) (11) 4 0 of which: Large corporate clients (13) (21) 7 0 of which: SME clients (8) (8) 0 0 of which: Other (24) (23) (2) 0 (21) (18) (4) 0 0 (1) 1 0 Remeasurements with stage transfers 2 (40) 8 0 (49) of which: Private clients with mortgages (9) 4 (13) 0 of which: Real estate financing (3) 1 (4) 0 of which: Large corporate clients 2 (2) 12 (8) of which: SME clients (27) 5 4 (36) of which: Other (3) 0 2 (4) 2 (1) 3 0 0 1 (1) 0 Remeasurements without 3 203 55 74 74 of which: Private clients with mortgages 33 8 26 (1) of which: Real estate financing 30 13 13 3 of which: Large corporate clients 44 5 21 17 of which: SME clients 53 (1) 1 53 of which: Other 44 29 14 2 27 15 12 0 6 8 1 (3) Model changes 4 45 29 16 0 Movements with profit or loss impact 5 148 19 104 25 Movements without profit or loss impact 6 154 5 9 141 Balance as of 31 December 2021 (1,165) (282) (220) (662) 1 Represents derecognition of loans or facilities on their maturity date or earlier. related to 4 Represents the change in the allowances methodology changes. uncollectible or forgiven and |
Disclosure Of Credit Risk Exposure Categories Explanatory | ECL stage 2 (“significant deterioration USD m Stage 2 of which: PD layer of which: watch list of which: ≥30 days past due On- (267) (196) (21) (50) of which: Private clients with mortgages (107) (83) 0 (25) of which: Real estate financing (23) (18) 0 (5) of which: Large corporate clients (65) (51) (13) 0 of which: SME clients (37) (22) (7) (7) of which: Financial intermediaries and hedge (17) (17) 0 0 of which: Loans to financial advisors (2) 0 0 (2) of which: Credit cards (12) 0 0 (12) of which: Other (5) (5) 0 0 | |
Disclosure Of Maximum Exposure To Credit Risk Explanatory | Maximum exposure to credit 31.12.22 Collateral 1,2 Credit enhancements 1 Exposure to credit risk after collateral and credit enhancements USD bn Maximum exposure to credit risk Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral 3 Netting Credit derivative contracts Guarantees Financial assets measured at amortized cost on the balance sheet Cash and balances at central banks 169.4 169.4 Loans and advances to banks 4 14.7 0.0 0.1 14.6 Receivables from securities financing transactions measured at amortized cost 67.8 0.0 64.5 2.4 0.9 Cash collateral receivables on derivative 5,6 35.0 22.9 12.1 Loans and advances to customers 390.0 36.1 115.9 197.8 19.6 3.0 17.6 Other financial assets measured at amortized cost 53.4 0.1 0.5 0.0 1.3 51.4 Total financial assets 730.4 36.2 181.0 197.9 23.4 22.9 0.0 3.0 266.1 Financial assets measured at through other comprehensive income – debt 2.2 2.2 Total maximum exposure to reflected on the balance sheet within 732.6 36.2 181.0 197.9 23.4 22.9 0.0 3.0 268.3 Guarantees 7 22.1 1.2 9.3 0.1 2.0 1.8 7.7 Loan commitments 7 39.9 0.2 3.1 1.3 6.5 0.1 1.0 27.8 Forward starting transactions, and securities borrowing agreements 3.8 3.8 0.0 Committed unconditionally revocable credit lines 43.6 0.2 8.2 6.0 6.2 0.5 22.5 Total maximum exposure to reflected on the balance sheet within 109.4 1.6 24.4 7.5 14.7 0.0 0.1 3.3 58.0 31.12.21 Collateral 1,2 Credit enhancements 1 Exposure to credit risk after collateral and credit enhancements USD bn Maximum exposure to credit risk Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral 3 Netting Credit derivative contracts Guarantees Financial assets measured at amortized cost on the balance sheet Cash and balances at central banks 192.8 192.8 Loans and advances to banks 4 15.4 0.1 0.1 15.1 Receivables from securities financing transactions measured at amortized cost 75.0 0.0 68.0 6.9 0.0 Cash collateral receivables on derivative 5,6 30.5 18.4 12.1 Loans and advances to customers 398.7 38.2 128.7 191.3 20.2 4.0 16.4 Other financial assets measured at amortized cost 26.2 0.2 0.1 0.0 1.3 24.7 Total financial assets 738.6 38.4 196.9 191.3 28.4 18.4 0.0 4.0 261.1 Financial assets measured at through other comprehensive income – debt 8.8 8.8 Total maximum exposure to reflected on the balance sheet within 747.5 38.4 196.9 191.3 28.4 18.4 0.0 4.0 270.0 Guarantees 7 20.9 1.3 6.5 0.2 2.5 2.3 8.1 Loan commitments 7 39.4 0.5 4.0 2.4 7.3 0.3 1.7 23.1 Forward starting transactions, and securities borrowing agreements 1.4 1.4 0.0 Committed unconditionally revocable credit lines 42.3 0.3 9.0 6.2 3.9 0.5 22.5 Total maximum exposure to reflected on the balance sheet within 104.1 2.2 20.9 8.7 13.7 0.0 0.3 4.5 53.7 1 Of which: USD 1,372 m for 31 December 2022 (31 December 1,443 m) relates to total credit-impaired financial 113 m for 31 December 2022 (31 December USD 130 m) to total off-balance sheet financial instruments and credit real estate and loans, gold 5 Included within Cash retain the associated the “Guarantees” column includes | |
Disclosure Of Internal Credit Exposures Explanatory | Financial assets subject to credit risk by USD m 31.12.22 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total gross carrying amount ECL allowances Net carrying amount (maximum exposure to credit risk) Financial assets measured at amortized Cash and balances at central banks 168,525 877 0 0 56 0 169,457 (12) 169,445 of which: stage 1 168,525 877 0 0 0 0 169,402 0 169,402 of which: stage 2 0 0 0 0 56 0 56 (12) 44 Loans and advances to banks 862 11,150 832 996 837 0 14,676 (6) 14,671 of which: stage 1 862 11,150 832 996 836 0 14,675 (5) 14,670 of which: stage 2 0 0 0 0 1 0 1 (1) 1 of which: stage 3 0 0 0 0 0 0 0 0 0 Receivables from securities amortized cost 27,158 15,860 8,870 15,207 721 0 67,816 (2) 67,814 of which: stage 1 27,158 15,860 8,870 15,207 721 0 67,816 (2) 67,814 Cash collateral receivables on 10,613 12,978 7,138 4,157 147 0 35,034 0 35,033 of which: stage 1 10,613 12,978 7,138 4,157 147 0 35,034 0 35,033 Loans and advances to customers 6,491 216,824 68,444 76,147 20,891 2,012 390,810 (783) 390,027 of which: stage 1 6,491 215,332 66,202 69,450 15,557 0 373,032 (129) 372,903 of which: stage 2 0 1,493 2,242 6,698 5,334 0 15,767 (180) 15,587 of which: stage 3 0 0 0 0 0 2,012 2,012 (474) 1,538 Other financial assets measured at 29,011 16,649 447 6,708 450 210 53,475 (86) 53,389 of which: stage 1 29,011 16,646 427 6,426 336 0 52,846 (17) 52,829 of which: stage 2 0 2 20 283 114 0 419 (6) 413 of which: stage 3 0 0 0 0 0 210 210 (63) 147 Total financial assets 242,660 274,337 85,731 103,216 23,102 2,222 731,269 (890) 730,379 On-balance sheet financial instruments Financial assets measured at FVOCI 1,307 840 0 92 0 0 2,239 0 2,239 Total on-balance 243,966 275,178 85,731 103,308 23,102 2,222 733,508 (890) 732,618 | Financial assets subject to credit risk by USD m 31.12.21 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total gross carrying amount ECL allowances Net carrying amount (maximum exposure to credit risk) Financial assets measured at amortized Cash and balances at central banks 191,015 1,802 0 0 0 0 192,817 0 192,817 of which: stage 1 191,015 1,802 0 0 0 0 192,817 0 192,817 Loans and advances to banks 407 12,552 1,123 795 490 1 15,368 (8) 15,360 of which: stage 1 407 12,552 1,098 795 488 0 15,340 (7) 15,333 of which: stage 2 0 0 24 0 2 0 27 (1) 26 of which: stage 3 0 0 0 0 0 1 1 0 1 Receivables from securities measured at amortized cost 34,386 11,267 10,483 17,440 1,439 0 75,014 (2) 75,012 of which: stage 1 34,386 11,267 10,483 17,440 1,439 0 75,014 (2) 75,012 Cash collateral receivables on 7,466 13,476 5,878 3,647 47 0 30,514 0 30,514 of which: stage 1 7,466 13,476 5,878 3,647 47 0 30,514 0 30,514 Loans and advances to customers 5,295 232,663 67,620 70,394 21,423 2,148 399,543 (850) 398,693 of which: stage 1 5,295 231,583 65,083 63,298 16,362 0 381,622 (126) 381,496 of which: stage 2 0 1,080 2,536 7,096 5,061 0 15,773 (152) 15,620 of which: stage 3 0 0 0 0 0 2,148 2,148 (572) 1,577 Other financial assets measured at 12,564 6,705 321 6,097 394 264 26,346 (109) 26,236 of which: stage 1 12,564 6,696 307 5,887 317 0 25,772 (27) 25,746 of which: stage 2 0 10 13 209 77 0 309 (7) 302 of which: stage 3 0 0 0 0 0 264 264 (76) 189 Total financial assets 251,133 278,465 85,424 98,372 23,793 2,414 739,601 (969) 738,632 On-balance sheet financial instruments Financial assets measured at FVOCI 3,996 4,771 0 77 0 0 8,844 0 8,844 Total on-balance 255,130 283,236 85,424 98,449 23,793 2,414 748,445 (969) 747,477 |
Disclosure Of Off Balance Sheet Positions By Rating Category Explanatory | Off-balance sheet positions subject to expected USD m 31.12.22 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total off- balance sheet exposure (maximum exposure to credit risk) ECL provisions Off-balance sheet financial instruments Guarantees 7,252 5,961 4,772 3,049 1,025 108 22,167 (48) of which: stage 1 7,252 5,917 3,812 2,229 596 0 19,805 (13) of which: stage 2 0 44 960 821 429 0 2,254 (9) of which: stage 3 0 0 0 0 0 108 108 (26) Irrevocable loan commitments 1,770 14,912 6,986 10,097 6,107 124 39,996 (111) of which: stage 1 1,770 14,789 6,818 9,625 4,529 0 37,531 (59) of which: stage 2 0 123 168 472 1,578 0 2,341 (52) of which: stage 3 0 0 0 0 0 124 124 0 Forward starting reverse repurchase 2,781 2 11 1,007 0 0 3,801 0 Total off-balance sheet 11,803 20,874 11,769 14,153 7,132 233 65,964 (159) Credit lines Committed unconditionally revocable 2,288 16,483 9,247 11,885 3,739 36 43,677 (40) of which: stage 1 2,288 15,777 8,960 11,355 3,429 0 41,809 (32) of which: stage 2 0 705 287 531 310 0 1,833 (8) of which: stage 3 0 0 0 0 0 36 36 0 Irrevocable committed prolongation 7 1,939 1,489 868 392 2 4,696 (2) of which: stage 1 7 1,938 1,411 864 380 0 4,600 (2) of which: stage 2 0 1 78 4 11 0 94 0 of which: stage 3 0 0 0 0 0 2 2 0 Total credit lines 2,295 18,421 10,736 12,753 4,131 37 48,373 (42) 1 Refer to the “Internal UBS rating | Off-balance sheet positions subject to expected USD m 31.12.21 Rating category 1 0–1 2–3 4–5 6–8 9–13 Credit- impaired (defaulted) Total off- balance sheet exposure (maximum exposure to credit risk) ECL provisions Off-balance sheet financial instruments Guarantees 4,457 7,064 4,535 3,757 1,009 150 20,972 (41) of which: stage 1 4,457 7,037 4,375 3,075 752 0 19,695 (18) of which: stage 2 0 27 160 682 258 0 1,127 (8) of which: stage 3 0 0 0 0 0 150 150 (15) Irrevocable loan commitments 2,797 14,183 7,651 8,298 6,502 46 39,478 (114) of which: stage 1 2,797 13,917 7,416 7,127 5,840 0 37,097 (72) of which: stage 2 0 266 235 1,171 663 0 2,335 (42) of which: stage 3 0 0 0 0 0 46 46 0 Forward starting reverse repurchase 0 0 55 1,389 0 0 1,444 0 Total off balance 7,254 21,247 12,241 13,444 7,512 196 61,894 (155) Credit lines Committed unconditionally revocable 2,636 16,811 8,627 10,130 4,107 63 42,373 (38) of which: stage 1 2,636 16,467 8,304 8,724 3,671 0 39,802 (28) of which: stage 2 0 344 323 1,406 436 0 2,508 (10) of which: stage 3 0 0 0 0 0 63 63 0 Irrevocable committed prolongation 17 2,438 1,422 1,084 602 48 5,611 (3) of which: stage 1 17 2,438 1,422 1,082 568 0 5,527 (3) of which: stage 2 0 0 0 1 34 0 36 0 of which: stage 3 0 0 0 0 0 48 48 0 Total credit lines 2,653 19,249 10,049 11,214 4,709 111 47,984 (41) 1 Refer to the “Internal UBS rating |
Scenario Sensitivity Analysis Explanatory | Actual ECL allowances and provisions, including staging (as per Note 9) Pro forma ECL allowances and provisions, assuming all positions being subject to lifetime ECL Scenarios Weighted average 100% Baseline 100% Asset price inflation 100% Stagflationary geopolitical crisis 100% Global crisis Weighted average USD m, except where indicated Segmentation Private clients with mortgages (136) (25) (13) (523) (184) (473) Real estate financing (43) (26) (22) (176) (30) (126) Large corporate clients (136) (97) (84) (199) (174) (235) SME clients (86) (67) (66) (162) (97) (153) Other segments (125) (114) (111) (145) (153) (281) Total (526) (329) (295) (1,204) (638) (1,267) | |
Scenario Sensitivity Analysis Calculation Change Explanatory | USD m 100% Baseline 100% Stagflationary geopolitical crisis 100% Global crisis Weighted average Change in key parameters Fixed income: Government bonds –0.50% (3) (106) (2) (14) +0.50% 4 124 2 17 +1.00% 8 264 10 37 Unemployment rate (absolute change) –1.00% (4) (138) (24) (23) –0.50% (2) (78) (13) (12) +0.50% 3 84 16 15 +1.00% 5 179 32 31 Real GDP growth (relative change) –2.00% 7 13 18 11 –1.00% 3 7 9 5 +1.00% (3) (7) (9) (5) +2.00% (5) (13) (18) (10) House Price Index (relative change) –5.00% 15 196 88 56 –2.50% 7 92 40 25 +2.50% (4) (83) (35) (19) +5.00% (7) (157) (65) (36) Equity (S&P500, EuroStoxx, SMI) –10.00% 4 7 6 5 –5.00% 2 3 3 2 +5.00% (2) (4) (3) (2) +10.00% (4) (8) (7) (5) |
Fair value measurement (Tables)
Fair value measurement (Tables) | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Disclosure Of Fair Value Measurement Of Assets Explanatory | Determination of fair values 1 31.12.22 31.12.21 USD m Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial assets measured at Financial assets at fair value held for trading 96,241 10,138 1,488 107,866 113,697 14,825 2,299 130,821 of which: Equity instruments 83,074 789 126 83,988 97,958 1,090 149 99,197 of which: Government bills / bonds 5,496 950 18 6,464 7,135 1,351 10 8,496 of which: Investment fund units 6,673 596 61 7,330 7,843 1,364 21 9,229 of which: Corporate and municipal bonds 976 6,363 541 7,880 708 7,604 556 8,868 of which: Loans 0 1,179 628 1,807 0 3,099 1,443 4,542 of which: Asset-backed securities 22 261 114 397 53 317 120 489 Derivative financial instruments 769 147,875 1,464 150,108 522 116,479 1,140 118,142 of which: Foreign exchange 575 84,881 2 85,458 255 53,043 7 53,305 of which: Interest rate 0 39,345 460 39,805 0 32,747 494 33,241 of which: Equity / index 1 21,542 653 22,195 0 27,861 384 28,245 of which: Credit 0 719 318 1,038 0 1,179 236 1,414 of which: Commodities 0 1,334 30 1,365 0 1,590 16 1,606 Brokerage receivables 0 17,576 0 17,576 0 21,839 0 21,839 Financial assets at fair value not held for trading 26,572 29,498 3,725 59,796 27,278 28,622 4,180 60,080 of which: Financial assets for unit-linked investment 13,071 1 0 13,072 21,110 187 6 21,303 of which: Corporate and municipal bonds 35 14,101 230 14,366 123 13,937 306 14,366 of which: Government bills / bonds 13,103 3,638 0 16,741 5,624 3,236 0 8,860 of which: Loans 0 3,602 736 4,337 0 4,982 892 5,874 of which: Securities financing transactions 0 7,590 114 7,704 0 5,704 100 5,804 of which: Auction rate securities 0 0 1,326 1,326 0 0 1,585 1,585 of which: Investment fund units 307 566 190 1,063 338 574 117 1,028 of which: Equity instruments 57 0 792 849 83 2 681 765 Financial assets measured at Financial assets measured at fair value through 57 2,182 0 2,239 2,704 6,140 0 8,844 of which: Asset-backed securities 2 0 0 0 0 0 4,849 0 4,849 of which: Government bills / bonds 2 0 26 0 26 2,658 27 0 2,686 of which: Corporate and municipal bonds 57 2,156 0 2,213 45 1,265 0 1,310 Non-financial assets measured at Precious metals and other physical commodities 4,471 0 0 4,471 5,258 0 0 5,258 Non-financial assets measured at Other non-financial assets 3 0 0 110 110 0 0 26 26 Total assets measured 128,110 207,269 6,788 342,166 149,459 187,905 7,645 345,010 | |
Disclosure Of Fair Value Measurement Of Liabilities Explanatory | Determination of fair values 1 31.12.22 31.12.21 USD m Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial liabilities measured at fair value Financial liabilities at fair value held for trading 23,578 5,823 114 29,515 25,413 6,170 105 31,688 of which: Equity instruments 16,521 352 78 16,951 18,328 513 83 18,924 of which: Corporate and municipal bonds 36 4,643 27 4,707 30 4,219 17 4,266 of which: Government bills / bonds 5,880 706 1 6,587 5,883 826 0 6,709 of which: Investment fund units 1,141 84 3 1,229 1,172 555 6 1,733 Derivative financial instruments 640 152,582 1,684 154,906 509 118,558 2,242 121,309 of which: Foreign exchange 587 87,897 24 88,508 258 53,800 21 54,078 of which: Interest rate 0 37,429 116 37,545 0 28,398 278 28,675 of which: Equity / index 0 24,963 1,184 26,148 0 33,438 1,511 34,949 of which: Credit 0 920 279 1,199 0 1,412 341 1,753 of which: Commodities 0 1,309 52 1,361 0 1,503 63 1,566 Financial liabilities designated at Brokerage payables designated at 0 45,085 0 45,085 0 44,045 0 44,045 Debt issued designated at fair value 0 63,111 10,527 73,638 0 59,606 14,194 73,799 Other financial liabilities designated at fair value 0 29,547 691 30,237 0 29,258 816 30,074 of which: Financial liabilities related to unit-linked 0 13,221 0 13,221 0 21,466 0 21,466 of which: Securities financing transactions 0 15,333 0 15,333 0 6,375 2 6,377 of which: Over-the-counter 0 993 691 1,684 0 1,417 814 2,231 Total liabilities measured 24,219 296,148 13,015 333,381 25,922 257,637 17,357 300,916 1 Bifurcated embedded derivatives are presented 2 Effective 1 April 2022, a portfolio of Refer to Note 1 for more information. less costs to sell. | |
Disclosure Of Deferred Day-One Profit Or Loss Explanatory | Deferred day-1 profit USD m 2022 2021 2020 Reserve balance at the beginning of the 418 269 146 Profit / (loss) deferred on new transactions 299 459 362 (Profit) / loss recognized in the income statement (295) (308) (238) Foreign currency translation 0 (2) 0 Reserve balance at the end of the year 422 418 269 | |
Disclosure Of Change In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability Explanatory | Own credit adjustments on financial Included in Other comprehensive income For the year ended USD m 31.12.22 31.12.21 31.12.20 Recognized during the period: Realized gain / (loss) 1 (14) 2 Unrealized gain / (loss) 866 60 (295) Total gain / (loss), before 867 46 (293) USD m 31.12.22 31.12.21 31.12.20 Recognized on the balance sheet Unrealized life-to-date gain / (loss) 556 (315) (381) of which: debt issued designated at fair value 453 (347) (418) of which: other financial liabilities designated at 103 32 36 | |
Disclosure Of Valuation Adjustments On Financial Instruments Explanatory | Balance sheet valuation adjustments As of USD m 31.12.22 31.12.21 Credit valuation adjustments 1 (33) (44) Funding valuation adjustments (50) (49) Debit valuation adjustments 4 2 Other valuation adjustments (839) (913) of which: liquidity (311) (341) of which: model uncertainty (529) (571) 1 Amounts do not include reserves | |
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities Explanatory | Valuation techniques Fair value Significant unobservable input(s) 1 Range of inputs Assets Liabilities Valuation technique(s) 31.12.22 31.12.21 USD bn 31.12.22 31.12.21 31.12.22 31.12.21 low high weighted average 2 low high weighted average 2 unit 1 Financial assets and liabilities at fair value Corporate and municipal bonds 0.8 0.9 0.0 0.0 Relative value to market comparable Bond price equivalent 14 112 85 16 143 98 points Discounted expected cash flows Discount margin 412 412 434 434 basis points Traded loans, loans measured at fair value, loan commitments and guarantees 1.7 2.8 0.0 0.0 Relative value to market comparable Loan price equivalent 30 100 97 0 101 99 points Discounted expected cash flows Credit spread 200 200 200 175 800 436 basis points Market comparable and securitization model Credit spread 145 1,350 322 28 1,544 241 basis points Auction rate securities 1.3 1.6 Discounted expected cash flows Credit spread 115 196 144 115 197 153 basis points Investment fund units 3 0.3 0.1 0.0 0.0 Relative value to market comparable Net asset value Equity instruments 3 0.9 0.8 0.1 0.1 Relative value to market comparable Price Debt issued designated at fair value 4 10.5 14.2 Other financial liabilities designated at fair value 0.7 0.8 Discounted expected cash flows Funding spread 23 175 24 175 basis points Derivative financial instruments Interest rate 0.5 0.5 0.1 0.3 Option model Volatility of interest rates 75 143 65 81 basis points Credit 0.3 0.2 0.3 0.3 Discounted expected cash flows Credit spreads 9 565 1 583 basis points Bond price equivalent 3 277 2 136 points Equity / index 0.7 0.4 1.2 1.5 Option model Equity dividend yields 0 20 0 11 % Volatility of equity stocks, equity and other indices 4 120 4 98 % Equity-to-FX correlation (29) 84 (29) 76 % Equity-to-equity correlation (25) 100 (25) 100 % 1 The ranges for most non-derivative liabilities designated investments. linked notes, all of which lines in this table. | |
Disclosure Of Sensitivity Analysis Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities Explanatory | Sensitivity of fair value measurements 1 31.12.22 31.12.21 USD m Favorable changes Unfavorable changes Favorable changes Unfavorable changes Traded loans, loans 19 (12) 19 (13) Securities financing transactions 33 (37) 41 (53) Auction rate securities 46 2 (46) 2 66 (66) Asset-backed securities 27 (27) 20 (20) Equity instruments 183 (161) 173 (146) Interest rate derivatives, net 18 2 (12) 2 29 (19) Credit derivatives, net 3 (4) 5 (8) Foreign exchange derivatives, 10 (5) 19 (11) Equity / index derivatives, net 361 (330) 368 (335) Other 39 2 (62) 2 50 (73) Total 738 (696) 790 (744) 1 Sensitivity various parameters. | |
Disclosure Of Level 3 Of Fair Value Of Financial Instruments Explanatory | Movements of Level 3 USD bn Balance at the beginning of the period Net gains / losses included in compre- hensive income 1 of which: related to instruments held at the end of the period Purchases Sales Issuances Settlements Transfers into Level 3 Transfers out of Level 3 Foreign currency translation Balance at the end of the period For the twelve months ended 2 Financial assets at fair value held trading 2.3 (0.3) (0.3) 0.3 (1.8) 0.5 0.0 0.7 (0.3) (0.0) 1.5 of which: Investment fund units 0.0 (0.0) (0.0) 0.0 (0.0) 0.0 0.0 0.1 (0.0) (0.0) 0.1 of which: Corporate and municipal bonds 0.6 (0.0) (0.0) 0.3 (0.6) 0.0 0.0 0.4 (0.0) (0.0) 0.5 of which: Loans 1.4 (0.1) (0.1) 0.0 (1.1) 0.5 0.0 0.0 (0.2) 0.0 0.6 Derivative financial instruments – assets 1.1 0.6 0.3 0.0 0.0 0.4 (0.7) 0.1 (0.0) (0.0) 1.5 of which: Interest rate 0.5 0.3 0.3 0.0 0.0 0.0 (0.2) 0.0 (0.1) (0.0) 0.5 of which: Equity / index 0.4 0.2 0.1 0.0 0.0 0.4 (0.3) 0.1 (0.0) (0.0) 0.7 of which: Credit 0.2 0.1 (0.1) 0.0 0.0 0.0 (0.2) 0.0 0.1 0.0 0.3 Financial assets at fair value not for trading 4.2 0.1 0.1 0.7 (1.2) 0.1 (0.0) 0.2 (0.3) (0.0) 3.7 of which: Loans 0.9 (0.0) (0.0) 0.4 (0.4) 0.1 0.0 0.1 (0.3) (0.0) 0.7 of which: Auction rate securities 1.6 0.1 0.0 0.0 (0.3) 0.0 0.0 0.0 0.0 0.0 1.3 of which: Equity instruments 0.7 0.0 0.0 0.1 (0.1) 0.0 0.0 0.1 0.0 (0.0) 0.8 Derivative financial instruments – liabilities 2.2 (0.8) (0.4) 0.0 0.0 1.1 (0.9) 0.3 (0.2) (0.1) 1.7 of which: Interest rate 0.3 (0.3) (0.0) 0.0 0.0 0.1 (0.0) 0.0 (0.0) (0.0) 0.1 of which: Equity / index 1.5 (0.4) (0.3) 0.0 0.0 0.8 (0.7) 0.1 (0.2) (0.0) 1.2 of which: Credit 0.3 (0.1) (0.0) 0.0 0.0 0.1 (0.1) 0.1 (0.0) (0.0) 0.3 Debt issued designated at fair value 3 14.2 (2.2) (1.8) 0.0 0.0 4.7 (3.1) 0.7 (3.4) (0.3) 10.5 Other financial liabilities designated at fair value 0.8 (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 (0.0) (0.0) 0.7 | For the twelve months ended Financial assets at fair value held trading 2.3 (0.0) (0.1) 0.3 (1.6) 1.2 0.0 0.3 (0.3) (0.0) 2.3 of which: Investment fund units 0.0 (0.0) (0.0) 0.0 (0.0) 0.0 0.0 0.0 (0.0) (0.0) 0.0 of which: Corporate and municipal bonds 0.8 0.0 (0.0) 0.2 (0.4) 0.0 0.0 0.0 (0.1) (0.0) 0.6 of which: Loans 1.1 0.0 (0.0) 0.0 (0.8) 1.2 0.0 0.0 (0.2) 0.0 1.4 Derivative financial instruments – assets 1.8 (0.2) (0.1) 0.0 0.0 0.5 (0.7) 0.1 (0.3) (0.0) 1.1 of which: Interest rate 0.5 0.1 0.1 0.0 0.0 0.1 (0.2) 0.0 (0.1) (0.0) 0.5 of which: Equity / index 0.9 (0.1) (0.1) 0.0 0.0 0.3 (0.4) 0.0 (0.2) (0.0) 0.4 of which: Credit 0.3 (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 (0.0) 0.0 0.2 Financial assets at fair value not for trading 3.9 0.1 0.1 1.0 (0.6) 0.0 0.0 0.1 (0.3) (0.0) 4.2 of which: Loans 0.9 (0.0) 0.0 0.6 (0.3) 0.0 0.0 0.0 (0.3) (0.0) 0.9 of which: Auction rate securities 1.5 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.6 of which: Equity instruments 0.5 0.1 0.1 0.1 (0.1) 0.0 0.0 0.0 (0.0) (0.0) 0.7 Derivative financial instruments – liabilities 3.5 0.2 (0.0) 0.0 0.0 0.9 (1.8) 0.0 (0.5) (0.0) 2.2 of which: Interest rate 0.5 (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 (0.0) (0.0) 0.3 of which: Equity / index 2.3 0.3 0.1 0.0 0.0 0.8 (1.5) 0.0 (0.4) (0.0) 1.5 of which: Credit 0.5 (0.1) (0.1) 0.0 0.0 0.0 (0.0) 0.0 (0.1) (0.0) 0.3 Debt issued designated at fair value 11.0 0.7 0.6 0.0 0.0 8.0 (4.2) 0.2 (1.2) (0.2) 14.2 Other financial liabilities designated at fair value 0.7 0.0 0.0 0.0 0.0 0.4 (0.2) 0.0 (0.0) (0.0) 0.8 1 Net gains / losses included in comprehensive also in 6.8 bn (31 December 2021: 7.6 bn). Total Level 13.0 bn (31 December 17.4 bn). 2.2 bn in net gains income, USD 1.7 bn is recognized 0.5 bn is recognized before tax. |
Disclosure Of Maximum Credit Risk Exposure Explanatory | Maximum exposure to credit 31.12.22 Maximum exposure to credit risk Collateral Credit enhancements Exposure to credit risk after collateral and credit enhancements USD bn Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral Netting Credit derivative contracts Guarantees Financial assets measured at fair value on the balance 1 Financial assets at fair value held for trading – debt instruments 2,3 16.5 16.5 Derivative financial instruments 4 150.1 5.9 133.5 10.7 Brokerage receivables 17.6 17.3 0.3 Financial assets at fair value not held for trading – debt instruments 5 44.8 11.4 33.4 Total financial assets 229.0 0.0 34.6 0.0 0.0 133.5 0.0 0.0 61.0 Guarantees 6 0.2 0.2 0.0 31.12.21 Maximum exposure to credit risk Collateral Credit enhancements Exposure to credit risk after collateral and credit enhancements USD bn Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral Netting Credit derivative contracts Guarantees Financial assets measured at fair value on the balance 1 Financial assets at fair value held for trading – debt instruments 2,3 22.4 22.4 Derivative financial instruments 4 118.1 4.2 103.2 10.7 Brokerage receivables 21.8 21.6 0.2 Financial assets at fair value not held for trading – debt instruments 5 37.0 11.2 25.7 Total financial assets 199.4 0.0 37.1 0.0 0.0 103.2 0.0 0.0 59.1 Guarantees 6 0.2 0.2 0.0 1 The maximum exposure the purpose of this not recognized on the balance securities borrowing agreements. | |
Disclosure Of Fair Value Of Financial Instruments Not Measured At Fair Value Explanatory | Financial instruments not measured 31.12.22 31.12.21 Carrying amount Fair value Carrying amount Fair value USD bn Total Carrying amount approximates fair value 1 Level Level 2 Level 3 Total Total Carrying amount approximates fair value 1 Level 1 Level 2 Level 3 Total Assets Cash and balances at central banks 169.4 169.4 0.1 0.0 0.0 169.4 192.8 192.7 0.1 0.0 0.0 192.8 Loans and advances to banks 14.8 14.0 0.0 0.7 0.0 14.8 15.5 14.8 0.0 0.7 0.0 15.5 Receivables from securities financing transactions measured at amortized cost 67.8 64.3 0.0 1.8 1.7 67.8 75.0 71.6 0.0 1.3 2.1 75.0 Cash collateral receivables on derivative instruments 35.0 35.0 0.0 0.0 0.0 35.0 30.5 30.5 0.0 0.0 0.0 30.5 Loans and advances to customers 387.2 134.3 0.0 45.9 194.7 374.9 397.8 163.1 0.0 43.8 190.1 396.9 Other financial assets measured at amortized cost 2 53.3 12.9 10.3 25.1 2.5 50.8 26.2 4.1 9.3 10.7 2.4 26.5 Liabilities Amounts due to banks 11.6 8.9 0.0 2.7 0.0 11.6 13.1 9.1 0.0 4.0 0.0 13.1 Payables from securities financing transactions measured at amortized cost 4.2 3.5 0.0 0.7 0.0 4.2 5.5 4.1 0.0 1.5 0.0 5.5 Cash collateral payables on derivative instruments 36.4 36.4 0.0 0.0 0.0 36.4 31.8 31.8 0.0 0.0 0.0 31.8 Customer deposits 525.1 491.3 0.0 33.6 0.0 524.8 542.0 535.4 0.0 6.6 0.0 542.0 Debt issued measured at amortized cost 114.6 15.4 0.0 98.1 0.0 113.5 139.2 15.8 0.0 125.3 0.0 141.1 Other financial liabilities measured at amortized cost 3 6.2 6.2 0.0 0.0 0.0 6.2 5.4 5.4 0.0 0.0 0.0 5.4 1 Includes certain financial instruments with a remaining maturity (excluding the effects comprehensive income was | |
UBS AG | ||
Entity [Table] | ||
Disclosure Of Fair Value Measurement Of Assets Explanatory | Determination of fair values 1 31.12.22 31.12.21 USD m Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial assets measured at Financial assets at fair value held for trading 96,263 10,284 1,488 108,034 113,722 15,012 2,299 131,033 of which: Equity instruments 83,095 789 126 84,010 97,983 1,090 149 99,222 of which: Government bills / bonds 5,496 950 18 6,464 7,135 1,351 10 8,496 of which: Investment fund units 6,673 596 61 7,330 7,843 1,364 21 9,229 of which: Corporate and municipal bonds 976 6,509 541 8,026 708 7,791 556 9,055 of which: Loans 0 1,179 628 1,807 0 3,099 1,443 4,542 of which: Asset-backed securities 22 261 114 397 53 317 120 489 Derivative financial instruments 769 147,876 1,464 150,109 522 116,482 1,140 118,145 of which: Foreign exchange 575 84,882 2 85,459 255 53,046 7 53,307 of which: Interest rate 0 39,345 460 39,805 0 32,747 494 33,241 of which: Equity / index 1 21,542 653 22,195 0 27,861 384 28,245 of which: Credit 0 719 318 1,038 0 1,179 236 1,414 of which: Commodities 0 1,334 30 1,365 0 1,590 16 1,606 Brokerage receivables 0 17,576 0 17,576 0 21,839 0 21,839 Financial assets at fair value not held for trading 26,572 29,110 3,725 59,408 27,278 28,185 4,180 59,642 of which: Financial assets for unit-linked investment 13,071 1 0 13,072 21,110 187 6 21,303 of which: Corporate and municipal bonds 35 14,101 230 14,366 123 13,937 306 14,366 of which: Government bills / bonds 13,103 3,638 0 16,741 5,624 3,236 0 8,860 of which: Loans 0 3,602 736 4,337 0 4,982 892 5,874 of which: Securities financing transactions 0 7,590 114 7,704 0 5,704 100 5,804 of which: Auction rate securities 0 0 1,326 1,326 0 0 1,585 1,585 of which: Investment fund units 307 178 190 675 338 137 117 591 of which: Equity instruments 57 0 792 849 83 2 681 765 Financial assets measured at Financial assets measured at fair value through 57 2,182 0 2,239 2,704 6,140 0 8,844 of which: Asset-backed securities 2 0 0 0 0 0 4,849 0 4,849 of which: Government bills / bonds 2 0 26 0 26 2,658 27 0 2,686 of which: Corporate and municipal bonds 57 2,156 0 2,213 45 1,265 0 1,310 Non-financial assets measured at Precious metals and other physical commodities 4,471 0 0 4,471 5,258 0 0 5,258 Non-financial assets measured at Other non-financial assets 3 0 0 21 21 0 0 26 26 Total assets measured 128,132 207,028 6,698 341,858 149,484 187,658 7,645 344,787 | |
Disclosure Of Fair Value Measurement Of Liabilities Explanatory | Determination of fair values 1 31.12.22 31.12.21 USD m Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial liabilities measured at fair value Financial liabilities at fair value held for trading 23,578 5,823 114 29,515 25,413 6,170 105 31,688 of which: Equity instruments 16,521 352 78 16,951 18,328 513 83 18,924 of which: Corporate and municipal bonds 36 4,643 27 4,707 30 4,219 17 4,266 of which: Government bills / bonds 5,880 706 1 6,587 5,883 826 0 6,709 of which: Investment fund units 1,141 84 3 1,229 1,172 555 6 1,733 Derivative financial instruments 640 152,582 1,684 154,906 509 118,558 2,242 121,309 of which: Foreign exchange 587 87,897 24 88,508 258 53,800 21 54,078 of which: Interest rate 0 37,429 116 37,545 0 28,398 278 28,675 of which: Equity / index 0 24,963 1,184 26,148 0 33,438 1,511 34,949 of which: Credit 0 920 279 1,199 0 1,412 341 1,753 of which: Commodities 0 1,309 52 1,361 0 1,503 63 1,566 Financial liabilities designated at Brokerage payables designated at 0 45,085 0 45,085 0 44,045 0 44,045 Debt issued designated at fair value 0 62,603 9,240 71,842 0 59,606 11,854 71,460 Other financial liabilities designated at fair value 0 30,055 1,978 32,033 0 29,258 3,156 32,414 of which: Financial liabilities related to unit-linked 0 13,221 0 13,221 0 21,466 0 21,466 of which: Securities financing transactions 0 15,333 0 15,333 0 6,375 2 6,377 of which: Over-the-counter 0 993 691 1,684 0 1,417 814 2,231 Total liabilities measured 24,219 296,148 13,015 333,382 25,922 257,637 17,357 300,916 1 Bifurcated embedded derivatives are presented 2 Effective 1 April 2022, a portfolio of Refer to Note 1 for more information. less costs to sell. | |
Disclosure Of Deferred Day-One Profit Or Loss Explanatory | Deferred day-1 profit USD m 2022 2021 2020 Reserve balance at the beginning of the 418 269 146 Profit / (loss) deferred on new transactions 299 459 362 (Profit) / loss recognized in the income statement (295) (308) (238) Foreign currency translation 0 (2) 0 Reserve balance at the end of the year 422 418 269 | |
Disclosure Of Change In Fair Value Of Financial Liability Attributable To Change In Credit Risk Of Liability Explanatory | Own credit adjustments on financial Included in Other comprehensive income For the year ended USD m 31.12.22 31.12.21 31.12.20 Recognized during the period: Realized gain / (loss) 1 (14) 2 Unrealized gain / (loss) 866 60 (295) Total gain / (loss), before 867 46 (293) USD m 31.12.22 31.12.21 31.12.20 Recognized on the balance sheet Unrealized life-to-date gain / (loss) 556 (315) (381) of which: debt issued designated at fair value 289 (144) (233) of which: other financial liabilities designated at fair value 266 (172) (148) | |
Disclosure Of Valuation Adjustments On Financial Instruments Explanatory | Balance sheet valuation adjustments As of USD m 31.12.22 31.12.21 Credit valuation adjustments 1 (33) (44) Funding valuation adjustments (50) (49) Debit valuation adjustments 4 2 Other valuation adjustments (839) (913) of which: liquidity (311) (341) of which: model uncertainty (529) (571) 1 Amounts do not include reserves | |
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Of Assets And Liabilities Explanatory | Valuation techniques Fair value Significant unobservable input(s) 1 Range of inputs Assets Liabilities Valuation technique(s) 31.12.22 31.12.21 USD bn 31.12.22 31.12.21 31.12.22 31.12.21 low high weighted average 2 low high weighted average 2 unit 1 Financial assets and liabilities at fair value Corporate and municipal bonds 0.8 0.9 0.0 0.0 Relative value to market comparable Bond price equivalent 14 112 85 16 143 98 points Discounted expected cash flows Discount margin 412 412 434 434 basis points Traded loans, loans measured at fair value, loan commitments and guarantees 1.7 2.8 0.0 0.0 Relative value to market comparable Loan price equivalent 30 100 97 0 101 99 points Discounted expected cash flows Credit spread 200 200 200 175 800 436 basis points Market comparable and securitization model Credit spread 145 1,350 322 28 1,544 241 basis points Auction rate securities 1.3 1.6 Discounted expected cash flows Credit spread 115 196 144 115 197 153 basis points Investment fund units 3 0.3 0.1 0.0 0.0 Relative value to market comparable Net asset value Equity instruments 3 0.9 0.8 0.1 0.1 Relative value to market comparable Price Debt issued designated at fair value 4 9.2 11.9 Other financial liabilities designated at fair value 2.0 3.2 Discounted expected cash flows Funding spread 23 175 24 175 basis points Derivative financial instruments Interest rate 0.5 0.5 0.1 0.3 Option model Volatility of interest rates 75 143 65 81 basis points Credit 0.3 0.2 0.3 0.3 Discounted expected cash flows Credit spreads 9 565 1 583 basis points Bond price equivalent 3 277 2 136 points Equity / index 0.7 0.4 1.2 1.5 Option model Equity dividend yields 0 20 0 11 % Volatility of equity stocks, equity and other indices 4 120 4 98 % Equity-to-FX correlation (29) 84 (29) 76 % Equity-to-equity correlation (25) 100 (25) 100 % 1 The ranges for most non-derivative liabilities designated investments. linked notes, all of which lines in this table. | |
Disclosure Of Sensitivity Analysis Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities Explanatory | Sensitivity of fair value measurements 1 31.12.22 31.12.21 USD m Favorable changes Unfavorable changes Favorable changes Unfavorable changes Traded loans, loans 19 (12) 19 (13) Securities financing transactions 33 (37) 41 (53) Auction rate securities 46 2 (46) 2 66 (66) Asset-backed securities 27 (27) 20 (20) Equity instruments 183 (161) 173 (146) Interest rate derivatives, net 18 2 (12) 2 29 (19) Credit derivatives, net 3 (4) 5 (8) Foreign exchange derivatives, 10 (5) 19 (11) Equity / index derivatives, net 361 (330) 368 (335) Other 39 2 (62) 2 50 (73) Total 738 (696) 790 (744) 1 Sensitivity various parameters. | |
Disclosure Of Level 3 Of Fair Value Of Financial Instruments Explanatory | Movements of Level 3 USD bn Balance at the beginning of the period Net gains / losses included in compre- hensive income 1 of which: related to instruments held at the end of the period Purchases Sales Issuances Settlements Transfers into Level 3 Transfers out of Level 3 Foreign currency translation Balance at the end of the period For the twelve months ended 2 Financial assets at fair value held trading 2.3 (0.3) (0.3) 0.3 (1.8) 0.5 0.0 0.7 (0.3) (0.0) 1.5 of which: Investment fund units 0.0 (0.0) (0.0) 0.0 (0.0) 0.0 0.0 0.1 (0.0) (0.0) 0.1 of which: Corporate and municipal bonds 0.6 (0.0) (0.0) 0.3 (0.6) 0.0 0.0 0.4 (0.0) (0.0) 0.5 of which: Loans 1.4 (0.1) (0.1) 0.0 (1.1) 0.5 0.0 0.0 (0.2) 0.0 0.6 Derivative financial instruments – assets 1.1 0.6 0.3 0.0 0.0 0.4 (0.7) 0.1 (0.0) (0.0) 1.5 of which: Interest rate 0.5 0.3 0.3 0.0 0.0 0.0 (0.2) 0.0 (0.1) (0.0) 0.5 of which: Equity / index 0.4 0.2 0.1 0.0 0.0 0.4 (0.3) 0.1 (0.0) (0.0) 0.7 of which: Credit 0.2 0.1 (0.1) 0.0 0.0 0.0 (0.2) 0.0 0.1 0.0 0.3 Financial assets at fair value not for trading 4.2 0.1 0.1 0.7 (1.2) 0.1 (0.0) 0.2 (0.3) (0.0) 3.7 of which: Loans 0.9 (0.0) (0.0) 0.4 (0.4) 0.1 0.0 0.1 (0.3) (0.0) 0.7 of which: Auction rate securities 1.6 0.1 0.0 0.0 (0.3) 0.0 0.0 0.0 0.0 0.0 1.3 of which: Equity instruments 0.7 0.0 0.0 0.1 (0.1) 0.0 0.0 0.1 0.0 (0.0) 0.8 Derivative financial instruments – liabilities 2.2 (0.8) (0.4) 0.0 0.0 1.1 (0.9) 0.3 (0.2) (0.1) 1.7 of which: Interest rate 0.3 (0.3) (0.0) 0.0 0.0 0.1 (0.0) 0.0 (0.0) (0.0) 0.1 of which: Equity / index 1.5 (0.4) (0.3) 0.0 0.0 0.8 (0.7) 0.1 (0.2) (0.0) 1.2 of which: Credit 0.3 (0.1) (0.0) 0.0 0.0 0.1 (0.1) 0.1 (0.0) (0.0) 0.3 Debt issued designated at fair value 11.9 (1.3) (0.9) 0.0 0.0 4.7 (3.1) 0.7 (3.3) (0.3) 9.2 Other financial liabilities designated at fair value 3 3.2 (1.0) (1.0) 0.0 0.0 0.0 (0.1) 0.1 (0.2) (0.0) 2.0 | For the twelve months ended Financial assets at fair value held trading 2.3 (0.0) (0.1) 0.3 (1.6) 1.2 0.0 0.3 (0.3) (0.0) 2.3 of which: Investment fund units 0.0 (0.0) (0.0) 0.0 (0.0) 0.0 0.0 0.0 (0.0) (0.0) 0.0 of which: Corporate and municipal bonds 0.8 0.0 (0.0) 0.2 (0.4) 0.0 0.0 0.0 (0.1) (0.0) 0.6 of which: Loans 1.1 0.0 (0.0) 0.0 (0.8) 1.2 0.0 0.0 (0.2) 0.0 1.4 Derivative financial instruments – assets 1.8 (0.2) (0.1) 0.0 0.0 0.5 (0.7) 0.1 (0.3) (0.0) 1.1 of which: Interest rate 0.5 0.1 0.1 0.0 0.0 0.1 (0.2) 0.0 (0.1) (0.0) 0.5 of which: Equity / index 0.9 (0.1) (0.1) 0.0 0.0 0.3 (0.4) 0.0 (0.2) (0.0) 0.4 of which: Credit 0.3 (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 (0.0) 0.0 0.2 Financial assets at fair value not for trading 3.9 0.1 0.1 1.0 (0.6) 0.0 0.0 0.1 (0.3) (0.0) 4.2 of which: Loans 0.9 (0.0) 0.0 0.6 (0.3) 0.0 0.0 0.0 (0.3) (0.0) 0.9 of which: Auction rate securities 1.5 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 1.6 of which: Equity instruments 0.5 0.1 0.1 0.1 (0.1) 0.0 0.0 0.0 (0.0) (0.0) 0.7 Derivative financial instruments – liabilities 3.5 0.2 (0.0) 0.0 0.0 0.9 (1.8) 0.0 (0.5) (0.0) 2.2 of which: Interest rate 0.5 (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 (0.0) (0.0) 0.3 of which: Equity / index 2.3 0.3 0.1 0.0 0.0 0.8 (1.5) 0.0 (0.4) (0.0) 1.5 of which: Credit 0.5 (0.1) (0.1) 0.0 0.0 0.0 (0.0) 0.0 (0.1) (0.0) 0.3 Debt issued designated at fair value 9.6 0.7 0.6 0.0 0.0 7.1 (4.2) 0.1 (1.2) (0.2) 11.9 Other financial liabilities designated at fair value 2.1 0.0 0.0 0.0 0.0 1.3 (0.2) 0.0 (0.0) (0.0) 3.2 1 Net gains / losses included in comprehensive also in 6.7 bn (31 December 2021: 7.6 bn). Total Level 13.0 bn (31 December 2021: 17.4 bn). 1.0 bn in net gains income, USD 0.6 bn is recognized 0.4 bn is recognized before tax. |
Disclosure Of Maximum Credit Risk Exposure Explanatory | Maximum exposure to credit 31.12.22 Maximum exposure to credit risk Collateral Credit enhancements Exposure to credit risk after collateral and credit enhancements USD bn Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral Netting Credit derivative contracts Guarantees Financial assets measured at fair value on the balance 1 Financial assets at fair value held for trading – debt instruments 2,3 16.7 16.7 Derivative financial instruments 4 150.1 5.9 133.5 10.7 Brokerage receivables 17.6 17.3 0.3 Financial assets at fair value not held for trading – debt instruments 5 44.8 11.4 33.4 Total financial assets 229.2 0.0 34.6 0.0 0.0 133.5 0.0 0.0 61.2 Guarantees 6 0.2 0.2 0.0 31.12.21 Maximum exposure to credit risk Collateral Credit enhancements Exposure to credit risk after collateral and credit enhancements USD bn Cash collateral received Collateralized by equity and debt instruments Secured by real estate Other collateral Netting Credit derivative contracts Guarantees Financial assets measured at fair value on the balance 1 Financial assets at fair value held for trading – debt instruments 2,3 22.6 22.6 Derivative financial instruments 4 118.1 4.2 103.2 10.7 Brokerage receivables 21.8 0.0 21.6 0.2 Financial assets at fair value not held for trading – debt instruments 5 37.0 0.0 11.2 25.7 Total financial assets 199.5 0.0 37.1 0.0 0.0 103.2 0.0 0.0 59.2 Guarantees 6 0.2 0.0 0.2 0.0 1 The maximum exposure the purpose of this not recognized on the balance securities borrowing agreements. | |
Disclosure Of Fair Value Of Financial Instruments Not Measured At Fair Value Explanatory | Financial instruments not measured 31.12.22 31.12.21 Carrying amount Fair value Carrying amount Fair value USD bn Total Carrying amount approximates fair value 1 Level 1 Level 2 Level 3 Total Total Carrying amount approximates fair value 1 Level 1 Level 2 Level 3 Total Assets Cash and balances at central banks 169.4 169.4 0.1 0.0 0.0 169.4 192.8 192.7 0.1 0.0 0.0 192.8 Loans and advances to banks 14.7 13.9 0.0 0.7 0.0 14.6 15.4 14.6 0.0 0.7 0.0 15.3 Receivables from securities financing transactions measured at amortized cost 67.8 64.3 0.0 1.8 1.7 67.8 75.0 71.6 0.0 1.3 2.1 75.0 Cash collateral receivables on derivative instruments 35.0 35.0 0.0 0.0 0.0 35.0 30.5 30.5 0.0 0.0 0.0 30.5 Loans and advances to customers 390.0 136.9 0.0 45.9 195.0 377.7 398.7 163.7 0.0 43.8 190.4 397.9 Other financial assets measured at amortized cost 2 53.4 13.0 10.3 25.1 2.5 51.0 26.2 4.1 9.3 10.7 2.4 26.5 Liabilities Amounts due to banks 11.6 8.9 0.0 2.7 0.0 11.6 13.1 9.1 0.0 4.0 0.0 13.1 Payables from securities financing transactions measured at amortized cost 4.2 3.5 0.0 0.7 0.0 4.2 5.5 4.1 0.0 1.5 0.0 5.5 Cash collateral payables on derivative instruments 36.4 36.4 0.0 0.0 0.0 36.4 31.8 31.8 0.0 0.0 0.0 31.8 Customer deposits 527.2 493.0 0.0 33.9 0.0 526.9 544.8 537.6 0.0 7.3 0.0 544.8 Funding from UBS Group AG measured at amortized cost 56.1 2.0 0.0 53.7 0.0 55.7 57.3 2.8 0.0 56.0 0.0 58.8 Debt issued measured at amortized cost 59.5 13.4 0.0 45.5 0.0 58.9 82.4 13.0 0.0 69.8 0.0 82.8 Other financial liabilities measured at amortized cost 3 7.2 7.2 0.0 0.0 0.0 7.2 6.3 6.3 0.0 0.0 0.0 6.3 1 Includes certain financial instruments with a remaining maturity (excluding the effects comprehensive income was |
Offsetting financial assets a_2
Offsetting financial assets and financial liabilities (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Offsetting Of Financial Assets Explanatory | Financial assets subject to offsetting, enforceable Assets subject to netting Netting recognized on the balance sheet Netting potential not recognized on the balance sheet 3 Assets not subject to netting arrangements 4 Total assets As of 31.12.22, USD bn Gross assets before netting Netting with gross liabilities 2 Net assets recognized on the balance sheet Financial liabilities Collateral received Assets after consideration of netting potential Assets recognized on the balance sheet Total assets after consideration of netting potential Total assets recognized on the balance sheet Receivables from securities financing transactions measured at amortized cost 60.8 (11.1) 49.6 (3.0) (46.4) 0.3 18.2 18.5 67.8 Derivative financial instruments 147.4 (2.5) 144.9 (110.9) (28.5) 5.5 5.2 10.7 150.1 Cash collateral receivables on derivative instruments 1 33.5 0.0 33.5 (20.9) (1.9) 10.6 1.5 12.1 35.0 Financial assets at fair value not held for trading 85.6 (76.8) 8.7 (1.5) (7.3) 0.0 51.0 51.0 59.8 of which: reverse repurchase agreements 84.4 (76.8) 7.6 (1.5) (6.1) 0.0 0.1 0.1 7.7 Total assets 327.2 (90.4) 236.8 (136.3) (84.1) 16.4 76.0 92.3 312.8 As of 31.12.21, USD bn Receivables from securities financing transactions measured at amortized cost 67.7 (13.8) 53.9 (2.9) (51.0) 0.0 21.1 21.1 75.0 Derivative financial instruments 116.0 (3.6) 112.4 (88.9) (18.5) 5.0 5.7 10.7 118.1 Cash collateral receivables on derivative instruments 1 29.4 0.0 29.4 (15.2) (3.3) 11.0 1.1 12.1 30.5 Financial assets at fair value not held for trading 93.1 (87.6) 5.5 (1.1) (4.4) 0.0 54.6 54.6 60.1 of which: reverse repurchase agreements 93.1 (87.6) 5.5 (1.1) (4.4) 0.0 0.3 0.3 5.8 Total assets 306.2 (105.0) 201.2 (108.1) (77.2) 15.9 82.6 98.5 283.7 1 The net IAS 32 principles and directly to the amounts from securities financing “Payables from securities financing transactions the amounts of financial instruments is not reflected in the table. |
Disclosure Of Offsetting Of Financial Liabilities Explanatory | Financial liabilities subject to offsetting, Liabilities subject to netting Netting recognized on the balance sheet Netting potential not recognized on the balance sheet 3 Liabilities not subject to netting arrangements 4 Total liabilities As of 31.12.22, USD bn Gross liabilities before netting Netting with gross assets 2 Net liabilities recognized on the balance sheet Financial assets Collateral pledged Liabilities after consideration of netting potential Liabilities recognized on the balance sheet Total liabilities after consideration of netting potential Total liabilities recognized on the balance sheet Payables from securities financing transactions measured at amortized cost 14.1 (11.1) 3.0 (1.3) (1.8) 0.0 1.2 1.2 4.2 Derivative financial instruments 150.3 (2.5) 147.8 (110.9) (26.2) 10.7 7.1 17.8 154.9 Cash collateral payables on derivative instruments 1 34.9 0.0 34.9 (20.0) (1.9) 13.0 1.6 14.5 36.4 Other financial liabilities designated at fair value 92.5 (76.9) 15.6 (3.2) (12.4) 0.0 14.6 14.6 30.2 of which: repurchase agreements 92.1 (76.9) 15.3 (3.2) (12.1) 0.0 0.1 0.1 15.3 Total liabilities 291.7 (90.4) 201.3 (135.3) (42.3) 23.7 24.5 48.1 225.8 As of 31.12.21, USD bn Payables from securities financing transactions measured at amortized cost 16.9 (12.8) 4.1 (1.8) (2.3) 0.0 1.4 1.4 5.5 Derivative financial instruments 118.4 (3.6) 114.9 (88.9) (18.1) 7.9 6.4 14.3 121.3 Cash collateral payables on derivative instruments 1 30.4 0.0 30.4 (13.1) (3.3) 14.0 1.4 15.4 31.8 Other financial liabilities designated at fair value 94.8 (88.6) 6.2 (2.2) (3.8) 0.2 23.9 24.1 30.1 of which: repurchase agreements 94.6 (88.6) 6.0 (2.2) (3.8) 0.0 0.4 0.4 6.4 Total liabilities 260.6 (105.0) 155.6 (106.0) (27.5) 22.1 33.1 55.2 188.7 1 The net amount of Cash collateral principles and exchange-traded derivativ presented in the “Netting with gross liabilities” column in the assets table presented above. Netting in this column for measured at amortized financing transactions instruments and cash collateral table. |
UBS AG | |
Entity [Table] | |
Disclosure Of Offsetting Of Financial Assets Explanatory | Financial Assets subject to netting Netting recognized on the balance sheet Netting potential not recognized on the balance sheet 3 Assets not subject to netting arrangements 4 Total assets As of 31.12.22, USD bn Gross assets before netting Netting with gross liabilities 2 Net assets recognized on the balance sheet Financial liabilities Collateral received Assets after consideration of netting potential Assets recognized on the balance sheet Total assets after consideration of netting potential Total assets recognized on the balance sheet Receivables from securities financing transactions measured at amortized cost 60.8 (11.1) 49.6 (3.0) (46.4) 0.3 18.2 18.5 67.8 Derivative financial instruments 147.4 (2.5) 144.9 (110.9) (28.5) 5.5 5.2 10.7 150.1 Cash collateral receivables on derivative instruments 1 33.5 0.0 33.5 (20.9) (1.9) 10.6 1.5 12.1 35.0 Financial assets at fair value not held for trading 85.6 (76.8) 8.7 (1.5) (7.3) 0.0 50.7 50.7 59.4 of which: reverse repurchase agreements 84.4 (76.8) 7.6 (1.5) (6.1) 0.0 0.1 0.1 7.7 Total assets 327.2 (90.4) 236.8 (136.3) (84.1) 16.4 75.6 92.0 312.4 As of 31.12.21, USD bn Receivables from securities financing transactions measured at amortized cost 67.7 (13.8) 53.9 (2.9) (51.0) 0.0 21.1 21.1 75.0 Derivative financial instruments 116.0 (3.6) 112.4 (88.9) (18.5) 5.0 5.8 10.7 118.1 Cash collateral receivables on derivative instruments 1 29.4 0.0 29.4 (15.2) (3.3) 11.0 1.1 12.1 30.5 Financial assets at fair value not held for trading 93.1 (87.6) 5.5 (1.1) (4.4) 0.0 54.1 54.1 59.6 of which: reverse repurchase agreements 93.1 (87.6) 5.5 (1.1) (4.4) 0.0 0.3 0.3 5.8 Total assets 306.2 (105.0) 201.2 (108.1) (77.2) 15.9 82.1 98.1 283.3 1 The net IAS 32 principles and directly to the amounts from securities financing “Payables from securities financing transactions the amounts of financial instruments is not reflected in the table. |
Disclosure Of Offsetting Of Financial Liabilities Explanatory | Financial liabilities subject to offsetting, Liabilities subject to netting Netting recognized on the balance sheet Netting potential not recognized on the balance sheet 3 Liabilities not subject to netting arrangements 4 Total liabilities As of 31.12.22, USD bn Gross liabilities before netting Netting with gross assets 2 Net liabilities recognized on the balance sheet Financial assets Collateral pledged Liabilities after consideration of netting potential Liabilities recognized on the balance sheet Total liabilities after consideration of netting potential Total liabilities recognized on the balance sheet Payables from securities financing transactions measured at amortized cost 14.1 (11.1) 3.0 (1.3) (1.8) 0.0 1.2 1.2 4.2 Derivative financial instruments 150.3 (2.5) 147.8 (110.9) (26.2) 10.7 7.1 17.8 154.9 Cash collateral payables on derivative instruments 1 34.9 0.0 34.9 (20.0) (1.9) 13.0 1.6 14.5 36.4 Other financial liabilities designated at fair value 92.5 (76.9) 15.6 (3.2) (12.4) 0.0 16.4 16.4 32.0 of which: repurchase agreements 92.1 (76.9) 15.3 (3.2) (12.1) 0.0 0.1 0.1 15.3 Total liabilities 291.7 (90.4) 201.3 (135.3) (42.3) 23.7 26.3 49.9 227.6 As of 31.12.21, USD bn Payables from securities financing transactions measured at amortized cost 16.9 (12.8) 4.1 (1.8) (2.3) 0.0 1.4 1.4 5.5 Derivative financial instruments 118.4 (3.6) 114.9 (88.9) (18.1) 7.9 6.4 14.3 121.3 Cash collateral payables on derivative instruments 1 30.4 0.0 30.4 (13.1) (3.3) 14.0 1.4 15.4 31.8 Other financial liabilities designated at fair value 94.8 (88.6) 6.2 (2.2) (3.8) 0.2 26.3 26.5 32.4 of which: repurchase agreements 94.6 (88.6) 6.0 (2.2) (3.8) 0.0 0.4 0.4 6.4 Total liabilities 260.6 (105.0) 155.6 (106.0) (27.5) 22.1 35.5 57.6 191.1 1 The net amount of Cash collateral principles and exchange-traded derivativ presented in the “Netting with gross liabilities” column in the assets table presented above. Netting in this column for measured at amortized financing transactions instruments and cash collateral table. |
Restricted financial assets (Ta
Restricted financial assets (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of restricted financial assets [text block] | Restricted financial assets USD m 31.12.22 31.12.21 Restricted financial assets of which: assets pledged as collateral that may be sold or repledged by counterparties Restricted financial assets of which: assets pledged as collateral that may be sold or repledged by counterparties Financial assets pledged as collateral Financial assets at fair value held for trading 57,377 36,742 63,725 43,397 Loans and advances to customers 1 15,195 18,160 Financial assets at fair value not held for trading 1,509 1,220 961 961 Debt securities classified as Other financial assets measured 3,432 2,685 2,234 1,870 Total financial assets pledged 77,513 85,079 Other restricted financial assets Loans and advances to banks 3,689 3,408 Financial assets at fair value held for trading 162 392 Cash collateral receivables on derivative 5,155 4,747 Loans and advances to customers 1,127 1,237 Financial assets at fair value not held for trading 14,478 22,765 Financial assets measured at fair value through 1,842 894 Other 859 97 Total other restricted 27,312 33,540 Total financial assets pledged 2 104,825 118,619 1 Mainly related to mortgage USD 3.1 bn as 2.7 bn) could 2 Does not include assets placed 5.9 bn; 31 December 2021: 4.4 bn). |
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition Explanatory | Transferred USD m 31.12.22 31.12.21 Carrying amount of transferred assets Carrying amount of associated liabilities recognized on balance sheet Carrying amount of transferred assets Carrying amount of associated liabilities recognized on balance sheet Financial assets at fair value held for trading that 36,742 16,470 43,397 17,687 relating to securities lending and repurchase agreements in exchange 16,756 16,470 17,970 17,687 relating to securities lending agreements in exchange for 18,908 24,146 relating to other financial asset transfers 1,078 1,281 Financial assets at fair value not held for trading counterparties 1,220 1,050 961 898 Debt securities classified as Other financial assets measured sold or repledged by counterparties 2,685 2,302 1,870 1,725 Total financial assets transferred 40,647 19,822 46,227 20,311 |
Disclosure Of Off Balance Sheet Assets Received Table [Text Block] | Off-balance sheet assets received USD m 31.12.22 31.12.21 Fair value of assets received that can 434,023 497,828 received as collateral under reverse repurchase, and lending arrangements, derivative and 418,847 483,426 received in unsecured borrowings 15,175 14,402 Thereof sold or repledged 331,805 367,440 in connection with financing activities 288,752 319,176 to satisfy commitments under short sale transactions 29,515 31,688 in connection with derivative and other 13,538 16,575 1 Includes securities received as 2 Does not include off-balance 9.9 bn; 31 December 2021: 12.7 bn) placed with central purposes for which there are no associated |
UBS AG | |
Entity [Table] | |
Disclosure of restricted financial assets [text block] | Restricted financial assets USD m 31.12.22 31.12.21 Restricted financial assets of which: assets pledged as collateral that may be sold or repledged by counterparties Restricted financial assets of which: assets pledged as collateral that may be sold or repledged by counterparties Financial assets pledged as collateral Financial assets at fair value held for trading 57,435 36,742 63,834 43,397 Loans and advances to customers 1 15,195 18,160 Financial assets at fair value not held for trading 1,509 1,220 961 961 Debt securities classified as Other financial assets measured 3,432 2,685 2,234 1,870 Total financial assets pledged 77,571 85,188 Other restricted financial assets Loans and advances to banks 3,689 3,408 Financial assets at fair value held for trading 162 392 Cash collateral receivables on derivative 5,155 4,747 Loans and advances to customers 1,127 1,237 Financial assets at fair value not held for trading 14,090 22,328 Financial assets measured at fair value through 1,842 894 Other 859 97 Total other restricted 26,924 33,104 Total financial assets pledged 2 104,495 118,292 1 Mainly related to mortgage USD 3.1 bn as of 2.7 bn) could be 2 Does not include assets placed 5.9 bn; 31 December 2021: 4.4 bn). |
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition Explanatory | Transferred USD m 31.12.22 31.12.21 Carrying amount of transferred assets Carrying amount of associated liabilities recognized on balance sheet Carrying amount of transferred assets Carrying amount of associated liabilities recognized on balance sheet Financial assets at fair value held for trading that 36,742 16,470 43,397 17,687 relating to securities lending and repurchase agreements in exchange 16,756 16,470 17,970 17,687 relating to securities lending agreements in exchange for 18,908 24,146 relating to other financial asset transfers 1,078 1,281 Financial assets at fair value not held for trading counterparties 1,220 1,050 961 898 Debt securities classified as Other financial assets measured sold or repledged by counterparties 2,685 2,302 1,870 1,725 Total financial assets transferred 40,647 19,822 46,227 20,311 |
Disclosure Of Off Balance Sheet Assets Received Table [Text Block] | Off-balance sheet assets received USD m 31.12.22 31.12.21 Fair value of assets received that can 434,023 497,828 received as collateral under reverse repurchase, and lending arrangements, derivative and 418,847 483,426 received in unsecured borrowings 15,175 14,402 Thereof sold or repledged 331,805 367,440 in connection with financing activities 288,752 319,176 to satisfy commitments under short sale transactions 29,515 31,688 in connection with derivative and other 13,538 16,575 1 Includes services. 9.9 bn; 31 December 2021: 12.7 bn) placed with central settlement purposes for which there |
Maturity analysis of assets and
Maturity analysis of assets and liabilities (Tables) | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Disclosure of maturity analysis for financial liabilities [text block] | 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Financial liabilities recognized 1 Amounts due to banks 6.3 2.6 1.9 0.3 0.6 0.0 11.7 Payables from securities financing 3.3 0.3 0.4 0.3 4.4 Cash collateral payables on derivative instruments 36.4 36.4 Customer deposits 463.1 28.5 24.5 8.0 2.4 0.3 526.9 Debt issued measured at amortized cost 2 6.8 9.4 24.8 14.4 37.9 28.0 11.9 133.4 Other financial liabilities measured at amortized cost 4.7 0.1 0.5 0.5 1.3 1.4 8.5 0.1 0.1 0.5 0.5 1.3 1.4 3.8 Total financial liabilities measured 520.7 40.9 52.1 23.6 42.3 29.7 11.9 721.2 Financial liabilities at fair value held for trading 3, 4 29.5 29.5 Derivative financial instruments 3, 5 154.9 154.9 Brokerage payables designated at 45.1 45.1 Debt issued designated at fair value 6 9.4 12.4 16.1 19.7 7.1 18.8 83.4 Other financial liabilities designated at fair value 27.1 1.4 0.4 0.4 0.5 0.8 30.6 Total financial liabilities measured profit or loss 266.0 13.8 16.4 20.0 7.6 19.6 343.5 Total 786.8 54.7 68.6 43.6 49.8 49.3 11.9 1,064.7 Guarantees, commitments Loan commitments 7 39.3 0.3 0.4 0.0 40.0 Guarantees 22.4 22.4 Forward starting transactions, securities borrowing agreements 7 3.8 3.8 Total 65.4 0.3 0.4 0.0 66.2 | 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Financial liabilities recognized 1 Amounts due to banks 6.7 2.4 3.5 0.0 0.5 13.1 Payables from securities financing 3.8 0.3 1.6 0.0 5.7 Cash collateral payables on derivative instruments 31.8 31.8 Customer deposits 530.1 5.2 3.3 1.7 1.5 0.4 542.3 Debt issued measured at amortized cost 2 4.0 12.7 41.1 16.7 36.9 24.3 13.3 148.9 Other financial liabilities measured at amortized cost 4.5 0.1 0.5 0.6 1.3 1.6 8.4 0.1 0.1 0.5 0.6 1.3 1.6 4.0 Total financial liabilities measured 580.9 20.8 49.9 19.0 40.3 26.2 13.3 750.2 Financial liabilities at fair value held for trading 3,4 31.7 31.7 Derivative financial instruments 3,5 121.3 121.3 Brokerage payables designated at 44.0 44.0 Debt issued designated at fair value 6 13.8 11.5 13.5 18.8 5.7 18.5 81.9 Other financial liabilities designated at fair value 28.1 0.4 0.5 0.2 0.2 1.1 30.5 Total financial liabilities measured profit or loss 239.0 11.9 14.0 19.0 5.9 19.6 309.4 Total 819.8 32.7 63.9 38.0 46.1 45.9 13.3 1,059.6 Guarantees, commitments Loan commitments 7 38.3 0.5 0.7 0.0 39.5 Guarantees 21.2 21.2 Forward starting transactions, and securities borrowing agreements 7 1.4 1.4 Total 60.9 0.5 0.7 0.0 62.1 1 Except for financial payments. cash flows that would have to be paid if these positions 27.8 bn due within 1 month (31 December 2021: USD 30.8 bn), USD 1.7 bn due between 1 month and 1 year (31 December 2021: USD 0.9 bn) and USD 0 bn due between 1 and 5 years (31 December 0 bn). 46 m (31 December 2021: USD 34 m) related to fair values amount of USD 34.4 bn (31 December 2021: USD 36.0 bn) is presented in Note 10 under notional amounts. rate prevailing as of the reporting forward starting reverse repurchase |
Disclosure Of Maturity Analysis For Assets And Liabilities Explanatory | 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Assets Total financial assets measured at 1 422.6 28.7 34.4 78.7 70.4 92.7 727.6 Loans and advances to customers 139.4 16.3 28.3 74.9 55.5 72.9 387.2 Total financial assets measured at fair value through loss 300.2 10.0 7.8 3.6 9.9 2.0 1.9 335.3 Financial assets at fair value not held for trading 24.6 10.0 7.8 3.6 9.9 2.0 1.9 59.8 Financial assets measured at fair value through comprehensive income 1 0.3 0.9 0.9 0.1 0.0 0.0 2.2 Total non-financial assets 7.6 0.2 2.0 0.4 29.0 39.2 Total assets 730.7 39.6 43.4 82.4 82.3 95.1 31.0 1,104.4 Liabilities Total financial liabilities measured at amortized 521.9 40.0 49.6 20.5 35.1 23.4 11.1 701.5 Customer deposits 463.0 28.3 23.8 7.5 2.2 0.3 525.1 Debt issued measured at amortized cost 6.6 8.8 23.3 11.9 31.1 21.9 11.1 114.6 of which: non-subordinated fixed rate debt 3.1 4.0 13.2 7.6 28.4 21.9 78.1 of which: non-subordinated floating rate debt 1.5 4.8 10.1 1.9 2.2 0.0 20.5 of which: subordinated fixed-rate debt 2.0 2.4 0.5 11.1 16.0 Total financial liabilities measured at fair value profit or loss 2 265.9 13.8 16.3 19.6 7.3 10.5 333.4 Debt issued designated at fair value 9.3 12.3 15.9 19.3 6.9 10.0 73.6 of which: non-subordinated fixed rate debt 0.5 2.3 5.6 3.6 2.0 3.4 17.4 of which: non-subordinated floating rate debt 8.8 10.0 10.3 15.7 4.9 6.6 56.2 Total non-financial liabilities 7.2 3.0 2.1 12.3 Total liabilities 795.1 56.7 65.9 40.1 42.4 33.9 13.2 1,047.1 Guarantees, loan commitments 3 Loan commitments 39.3 0.3 0.4 0.0 40.0 Guarantees 22.4 22.4 Forward starting transactions, securities borrowing agreements 3.8 3.8 Total 65.4 0.3 0.4 0.0 66.2 | 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Assets Total financial assets measured at amortized 453.7 45.9 43.1 53.7 64.1 77.3 737.8 Loans and advances to customers 157.2 28.7 37.2 49.6 54.9 70.1 397.8 Total financial assets measured at fair value through loss 300.5 5.8 8.1 5.2 7.1 2.5 1.8 330.9 Financial assets at fair value not held for trading 29.7 5.8 8.1 5.2 7.1 2.5 1.8 60.1 Financial assets measured at fair value through comprehensive income 0.1 0.4 0.7 0.1 0.4 7.1 8.8 Total non-financial assets 7.7 0.5 0.1 0.2 1.4 0.3 29.4 39.7 Total assets 761.9 52.6 52.0 59.2 73.0 87.2 31.2 1,117.2 Liabilities Total financial liabilities measured at amortized 581.6 20.1 48.4 17.0 35.6 24.4 13.5 740.6 Customer deposits 530.1 5.2 3.2 1.6 1.5 0.3 542.0 Debt issued measured at amortized cost 3.7 12.1 39.8 14.9 32.5 22.7 13.5 139.2 of which: non-subordinated fixed rate debt 3.7 10.8 28.8 10.6 26.0 22.7 102.6 of which: non-subordinated floating rate debt 1.3 9.0 4.3 3.3 17.9 of which: subordinated fixed-rate debt 2.0 3.1 13.5 18.6 Total financial liabilities measured at fair value profit or loss 2 237.7 12.0 14.7 18.8 5.6 12.2 300.9 Debt issued designated at fair value 12.5 11.6 14.1 18.6 5.4 11.5 73.8 of which: non-subordinated fixed rate debt 0.8 1.2 2.9 1.2 1.3 4.8 12.2 of which: non-subordinated floating rate debt 11.7 10.3 11.2 17.4 4.2 6.8 61.6 Total non-financial liabilities 9.3 3.0 2.4 14.7 Total liabilities 828.6 35.1 63.0 35.8 41.2 36.6 15.9 1,056.2 Guarantees, loan commitments 3 Loan commitments 38.3 0.5 0.7 0.0 39.5 Guarantees 21.2 21.2 Forward starting transactions, securities borrowing agreements 1.4 1.4 Total 60.9 0.5 0.7 0.0 0.0 0.0 0.0 62.1 1 Effective 1 April 2022, a Refer to Note financial liabilities measured at fair value through repurchase and reverse above. Refer to Note 10 |
UBS AG | ||
Entity [Table] | ||
Disclosure of maturity analysis for financial liabilities [text block] | 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Financial liabilities recognized 1 Amounts due to banks 6.3 2.6 1.9 0.3 0.6 0.0 11.7 Payables from securities financing 3.3 0.3 0.4 0.3 0.0 4.4 Cash collateral payables on derivative instruments 36.4 36.4 Customer deposits 464.6 28.8 24.5 8.2 2.6 0.3 529.0 Funding from UBS Group AG 2 2.2 0.6 1.2 6.8 27.6 21.2 12.7 72.3 Debt issued measured at amortized cost 4.6 8.9 23.7 7.8 10.8 6.9 62.8 Other financial liabilities measured at amortized cost 5.6 0.1 0.4 0.5 1.2 1.3 9.2 0.1 0.1 0.4 0.5 1.2 1.3 3.7 Total financial liabilities measured 3, 5 523.1 41.2 52.2 24.0 42.8 29.8 12.7 725.8 Financial liabilities at fair value held for trading 3, 4 29.5 29.5 Derivative financial instruments 3, 5 154.9 154.9 Brokerage payables designated at 45.1 45.1 Debt issued designated at fair value 6 9.4 12.4 16.0 19.7 7.1 12.3 76.8 Other financial liabilities designated at fair value 27.1 1.4 0.4 0.4 0.5 5.0 34.8 Total financial liabilities measured profit or loss 266.0 13.8 16.4 20.0 7.5 17.3 341.1 Total 789.2 55.0 68.6 44.0 50.3 47.1 12.7 1,066.9 Guarantees, commitments Loan commitments 7 39.3 0.3 0.4 0.0 40.0 Guarantees 22.4 22.4 Forward starting transactions, securities borrowing agreements 7 3.8 3.8 Total 65.4 0.3 0.4 0.0 66.2 | 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Financial liabilities recognized 1 Amounts due to banks 6.7 2.4 3.5 0.0 0.5 13.1 Payables from securities financing 3.8 0.3 1.6 0.0 5.7 Cash collateral payables on derivative instruments 31.8 31.8 Customer deposits 531.0 6.6 3.3 2.0 1.9 0.4 545.1 Funding from UBS Group AG 2 0.2 3.3 2.3 7.8 21.1 16.9 13.7 65.3 Debt issued measured at amortized cost 3.8 9.4 38.8 9.0 16.1 7.6 84.7 Other financial liabilities measured at amortized cost 5.3 0.1 0.4 0.6 1.2 1.5 9.1 of which: lease liabilities 0.1 0.1 0.4 0.6 1.2 1.5 3.9 Total financial liabilities measured 582.6 22.1 49.9 19.4 40.8 26.4 13.7 754.8 Financial liabilities at fair value held for trading 3,4 31.7 31.7 Derivative financial instruments 3,5 121.3 121.3 Brokerage payables designated at 44.0 44.0 Debt issued designated at fair value 6 13.8 11.5 13.5 18.8 5.6 12.5 75.9 Other financial liabilities designated at fair value 28.1 0.4 0.5 0.2 0.2 7.1 36.5 Total financial liabilities measured profit or loss 239.0 11.9 14.0 19.0 5.8 19.6 309.4 Total 821.6 34.0 63.9 38.4 46.6 45.9 13.7 1,064.2 Guarantees, commitments Loan commitments 7 38.3 0.5 0.7 0.0 39.5 Guarantees 21.2 21.2 Forward starting transactions, and securities borrowing agreements 7 1.4 1.4 Total 60.9 0.5 0.7 0.0 62.1 1 Except for financial payments. cash flows that would have to be paid if these positions had to be settled or closed out. 27.8 bn due within 1 month (31 December 2021: USD 30.8 bn), USD 1.7 bn due between 0.9 bn) and USD 0 bn due between 0 bn). 46 m (31 December 2021: USD 34 m) related committed amount 34.4 bn (31 December 36.0 bn) is applicable interest rate prevailing commitments and forward starting |
Disclosure Of Maturity Analysis For Assets And Liabilities Explanatory | 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Assets Total financial assets measured at amortized 1 425.2 28.7 34.5 78.8 70.5 92.8 730.4 Loans and advances to customers 141.9 16.3 28.3 74.9 55.6 73.0 390.0 Total financial assets measured at fair value through loss 300.4 10.0 7.8 3.6 9.9 2.0 1.5 335.1 Financial assets at fair value not held for trading 24.6 10.0 7.8 3.6 9.9 2.0 1.5 59.4 Financial assets measured at fair value through comprehensive income 1 0.3 0.9 0.9 0.1 0.0 0.0 2.2 Total non-financial assets 7.1 0.2 2.0 0.4 28.0 37.7 Total assets 732.9 39.5 43.4 82.4 82.4 95.1 29.6 1,105.4 Liabilities Total financial liabilities measured at amortized 524.3 40.2 49.6 20.7 35.2 23.5 11.8 705.4 Customer deposits 464.5 28.5 23.8 7.7 2.3 0.3 527.2 Funding from UBS Group AG 2.0 4.8 21.2 16.3 11.8 56.1 Debt issued measured at amortized cost 4.6 8.8 23.3 7.2 10.0 5.7 59.5 of which: non-subordinated fixed rate debt 3.1 4.0 13.2 2.8 7.8 5.7 36.6 of which: non-subordinated floating rate debt 1.5 4.8 10.1 1.9 1.6 19.9 of which: subordinated fixed-rate debt 2.4 0.5 3.0 Total financial liabilities measured at fair value profit or loss 2 265.9 13.8 16.3 19.6 7.3 10.5 333.4 Debt issued designated at fair value 9.3 12.3 15.9 19.3 6.9 8.2 71.8 of which: non-subordinated fixed rate debt 0.5 2.3 5.6 3.6 2.0 1.6 15.6 of which: non-subordinated floating rate debt 8.8 10.0 10.3 15.7 4.9 6.6 56.2 Total non-financial liabilities 6.7 2.6 0.5 9.7 Total liabilities 796.9 56.5 65.9 40.4 42.5 34.0 12.3 1,048.5 Guarantees, loan commitments 3 Loan commitments 39.3 0.3 0.4 0.0 40.0 Guarantees 22.4 22.4 Forward starting transactions, securities borrowing agreements 3.8 3.8 Total 65.4 0.3 0.4 0.0 66.2 | 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 2 years Due between 2 and 5 years Due over 5 years Perpetual / Not applicable Total Assets Total financial assets measured at amortized 454.3 45.6 43.2 53.7 64.2 77.6 738.6 Loans and advances to customers 157.8 28.5 37.3 49.7 55.1 70.3 398.7 Total financial assets measured at fair value through loss 300.7 5.8 8.1 5.2 7.1 2.5 1.4 330.7 Financial assets at fair value not held for trading 29.7 5.8 8.1 5.2 7.1 2.5 1.4 59.6 Financial assets measured at fair value through comprehensive income 0.1 0.4 0.7 0.1 0.4 7.1 8.8 Total non-financial assets 7.3 0.5 0.1 0.2 1.4 0.3 28.2 38.0 Total assets 762.3 52.3 52.1 59.3 73.2 87.5 29.5 1,116.1 Liabilities Total financial liabilities measured at amortized 583.3 21.5 48.4 17.3 36.0 24.7 13.7 744.8 Customer deposits 531.0 6.5 3.2 1.9 1.8 0.3 544.8 Funding from UBS Group AG 0.0 2.8 1.4 6.3 17.0 16.1 13.7 57.3 Debt issued measured at amortized cost 3.7 9.3 38.4 8.7 15.5 6.9 82.4 of which: non-subordinated fixed rate debt 3.7 8.4 27.4 6.6 9.0 6.9 62.0 of which: non-subordinated floating rate debt 0.0 0.8 9.0 2.1 3.3 15.2 of which: subordinated fixed-rate debt 2.0 3.1 5.2 Total financial liabilities measured at fair value profit or loss 2 238.1 12.0 14.7 18.8 5.6 11.8 300.9 Debt issued designated at fair value 12.5 11.6 14.1 18.6 5.4 9.2 71.5 of which: non-subordinated fixed rate debt 0.8 1.2 2.9 1.2 1.3 2.4 9.8 of which: non-subordinated floating rate debt 11.7 10.3 11.2 17.4 4.2 6.8 61.6 Total non-financial liabilities 8.7 2.6 0.7 12.0 Total liabilities 830.0 36.0 63.0 36.2 41.6 36.5 14.4 1,057.7 Guarantees, loan commitments 3 Loan commitments 38.3 0.5 0.7 0.0 39.5 Guarantees 21.2 21.2 Forward starting transactions, securities borrowing agreements 1.4 1.4 Total 60.9 0.5 0.7 0.0 62.1 1 Effective 1 April 2022, a portfolio of Refer to Note 1b for financial liabilities starting repurchase and reverse repurchase table above. Refer to Note 10 |
Interest rate benchmark reform
Interest rate benchmark reform (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Schedule Of Interest Rate Benchmark Reform Maximum Exposure [Table] | |
Disclosure Of Quantitative Information About Financial Instruments That Have Yet To Transition To Alternative Benchmark Rate Explanatory | LIBOR benchmark rates 31.12.22 1 31.12.21 Measure USD USD CHF GBP EUR 2 JPY Carrying value of non Total non-derivative financial assets USD m 14,269 3 65,234 3 21,616 4 45 5 1 0 Total non-derivative financial liabilities USD m 1,138 5 1,985 5 27 5 3 5 5 6 0 Trade count Total derivative financial instruments Trade count 32,006 7 40,500 7,8 829 9 183 9 3,744 9 184 9 Off-balance sheet exposures Total irrevocable loan commitments USD m 4,606 10 11,863 11 0 0 0 0 1 As of 31 December 1 bn (31 December 2021: 1 bn) of loans currency credit lines, where IBOR transition efforts are complete, 37 bn USD LIBOR securities-based lending and USD 5 bn brokerage accounts, which for the most part transitioned to CHF LIBOR transition dependent 2,000 1,000 ) contracts having a maturity after 30 June 2023, with the 5,000 which approximately 500 an ARR leg and a USD IBOR leg. transition happened in 3 bn of loan commitments scheduled for 2023. 3 bn have only USD LIBOR USD 2 bn retain a non-USD before 30 June 2023. |
UBS AG | |
Schedule Of Interest Rate Benchmark Reform Maximum Exposure [Table] | |
Disclosure Of Quantitative Information About Financial Instruments That Have Yet To Transition To Alternative Benchmark Rate Explanatory | LIBOR benchmark rates 31.12.22 1 31.12.21 Measure USD USD CHF GBP EUR 2 JPY Carrying value of non Total non-derivative financial assets USD m 14,269 3 65,234 3 21,616 4 45 5 1 0 Total non-derivative financial liabilities USD m 1,138 5 1,985 5 27 5 3 5 5 6 0 Trade count Total derivative financial instruments Trade count 32,006 7 40,500 7,8 829 9 183 9 3,744 9 184 9 Off-balance sheet exposures Total irrevocable loan commitments USD m 4,606 10 11,863 11 0 0 0 0 1 As of 31 December 1 bn (31 December 2021: 1 bn) of loans currency credit lines, where IBOR transition efforts are complete, 37 bn USD LIBOR securities-based lending and USD 5 bn brokerage accounts, which for the most part transitioned to CHF LIBOR transition dependent 2,000 1,000 ) contracts having a maturity after 30 June 2023, with the 5,000 which approximately 500 an ARR leg and a USD IBOR leg. transition happened in 3 bn of loan commitments scheduled for 2023. 3 bn have only USD LIBOR USD 2 bn retain a non-USD before 30 June 2023. |
Hedge accounting (Tables)
Hedge accounting (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Disclosure Of Fair Value Hedge Accounting [Table] | |
Disclosure Of Detailed Information About Hedging Instruments Explanatory | All hedges: designated As of or for the year ended 31.12.22 Carrying amount USD m Notional amount Derivative financial assets Derivative financial liabilities Changes in fair value of hedging instruments 1 Changes in fair value of hedged items 1 Hedge ineffectiveness recognized in the income statement Interest rate risk Fair value hedges 92,415 0 0 (5,195) 5,169 (27) Cash flow hedges 75,304 2 5 (5,813) 5,760 (53) Foreign exchange risk Fair value hedges 2 20,566 845 3 (1,088) 1,105 18 Hedges of net investments in foreign operations 14,009 7 529 336 (337) (1) As of or for the year ended 31.12.21 Carrying amount USD m Notional amount Derivative financial assets Derivative financial liabilities Changes in fair value of hedging instruments 1 Changes in fair value of hedged items 1 Hedge ineffectiveness recognized in the income statement Interest rate risk Fair value hedges 89,525 0 7 (1,604) 1,602 (2) Cash flow hedges 79,573 12 1 (1,185) 990 (196) Foreign exchange risk Fair value hedges 2 27,875 87 261 (2,139) 2,181 42 Hedges of net investments in foreign operations 13,939 23 105 497 (497) 0 1 Amounts accounting designation and accounted |
Disclosure of fair value hedge accounting [text block] | Fair value hedges: designated USD m 31.12.22 31.12.21 Interest rate risk FX risk Interest rate risk FX risk Debt issued measured at amortized Carrying amount of designated debt issued 68,529 20,566 74,700 27,875 (6,057) 478 Other financial assets measured at Carrying amount of designated debt securities 4,577 2,677 (180) (7) Loans and advances to customers Carrying amount of designated loans 14,270 13,835 of which: accumulated amount of fair value hedge (1,249) (109) of which: accumulated amount of fair value hedge portfolio that ceased to be part of hedge accounting (51) 3 |
Disclosure of fair value hedge accounting related to debt issued and debt securities [text block] | Fair value hedges: profile of 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 5 years Due after 5 years Total Interest rate swaps 0 4 10 53 26 92 Cross-currency swaps 0 1 2 12 5 21 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 5 years Due after 5 years Total Interest rate swaps 0 8 10 49 22 90 Cross-currency swaps 1 1 6 13 6 28 |
Disclosure of cash flow hedge accounting [text block] | Cash flow hedge reserve on USD m 31.12.22 31.12.21 Amounts related to hedge relationships for which hedge (4,692) 26 Amounts related to hedge relationships for which hedge (540) 743 Total other comprehensive (5,232) 769 |
Disclosure of foreign currecny translation hedge accounting [text block] | Foreign currency translation USD m 31.12.22 31.12.21 Amounts related to hedge relationships for which hedge 284 (45) Amounts related to hedge relationships for which hedge 266 262 Total other comprehensive basis 550 217 |
Disclosure Hedge Accounting Referencing LIBOR Explanatory | Hedging instruments referencing 31.12.22 31.12.21 Carrying amount Carrying amount USD m Notional amount Derivative financial assets Derivative financial liabilities Notional amount Derivative financial assets Derivative financial liabilities Interest rate risk Fair value hedges 20,383 0 0 23,367 0 0 Cash flow hedges 2,179 0 0 10,803 0 0 |
UBS AG | |
Disclosure Of Fair Value Hedge Accounting [Table] | |
Disclosure Of Detailed Information About Hedging Instruments Explanatory | All hedges: designated As of or for the year ended 31.12.22 USD m Notional amount Carrying amount Changes in fair value of hedging instruments 1 Changes in fair value of hedged items 1 Hedge ineffectiveness recognized in the income statement Derivative financial assets Derivative financial liabilities Interest rate risk Fair value hedges 92,415 0 0 (5,195) 5,169 (27) Cash flow hedges 75,304 2 5 (5,813) 5,760 (53) Foreign exchange risk Fair value hedges 2 20,566 845 3 (1,088) 1,105 18 Hedges of net investments in foreign operations 13,844 7 528 318 (319) (1) As of or for the year ended 31.12.21 USD m Notional amount Carrying amount Changes in fair value of hedging instruments 1 Changes in fair value of hedged items 1 Hedge ineffectiveness recognized in the income statement Derivative financial assets Derivative financial liabilities Interest rate risk Fair value hedges 89,525 0 7 (1,604) 1,602 (2) Cash flow hedges 79,573 12 1 (1,185) 990 (196) Foreign exchange risk Fair value hedges 2 27,875 87 261 (2,139) 2,181 42 Hedges of net investments in foreign operations 13,761 23 103 492 (491) 0 1 Amounts accounting designation and accounted |
Disclosure of fair value hedge accounting [text block] | Fair value hedges: designated USD m 31.12.22 31.12.21 Interest rate risk FX risk Interest rate risk FX risk Debt issued measured at amortized Carrying amount of designated debt issued 11,279 5,737 21,653 11,392 (1,002) 261 Funding from UBS Group AG Carrying amount of designated debt instruments 57,250 14,828 53,047 16,483 (5,055) 218 Other financial assets measured at Carrying amount of designated debt securities 4,577 2,677 (180) (7) Loans and advances to customers Carrying amount of designated loans 14,270 13,835 of which: accumulated amount of fair value hedge (1,249) (109) of which: accumulated amount of fair value hedge portion of the portfolio that ceased to be part (51) 3 |
Disclosure of fair value hedge accounting related to debt issued and debt securities [text block] | Fair value hedges: profile of 31.12.22 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 5 years Due after 5 years Total Interest rate swaps 0 4 10 53 26 92 Cross-currency swaps 0 1 2 12 5 21 31.12.21 USD bn Due within 1 month Due between 1 and 3 months Due between 3 and 12 months Due between 1 and 5 years Due after 5 years Total Interest rate swaps 0 8 10 49 22 90 Cross-currency swaps 1 1 6 13 6 28 |
Disclosure of cash flow hedge accounting [text block] | Cash flow hedge reserve on USD m 31.12.22 31.12.21 Amounts related to hedge relationships for which hedge (4,692) 26 Amounts related to hedge relationships for which hedge (540) 743 Total other comprehensive (5,232) 769 |
Disclosure of foreign currecny translation hedge accounting [text block] | Foreign currency translation USD m 31.12.22 31.12.21 Amounts related to hedge relationships for which hedge 250 (61) Amounts related to hedge relationships for which hedge 266 262 Total other comprehensive basis 515 201 |
Disclosure Hedge Accounting Referencing LIBOR Explanatory | Hedging instruments referencing 31.12.22 31.12.21 Carrying amount Carrying amount USD m Notional amount Derivative financial assets Derivative financial liabilities Notional amount Derivative financial assets Derivative financial liabilities Interest rate risk Fair value hedges 20,383 0 0 23,367 0 0 Cash flow hedges 2,179 0 0 10,803 0 0 |
Post-employment benefit plans (
Post-employment benefit plans (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Defined Benefit Plans Explanatory | Defined benefit plans USD m Swiss pension plan UK pension plan US and German pension plans Total 2022 2021 2022 2021 2022 2021 2022 2021 Defined benefit obligation at the beginning of the year 27,398 27,728 4,105 4,162 1,740 1,905 33,242 33,795 Current service cost 416 494 0 0 5 6 420 500 Interest expense 344 58 67 58 35 30 446 147 Plan participant contributions 257 266 0 0 0 0 257 266 Remeasurements (4,151) 837 (1,474) 71 (267) (62) (5,891) 846 of which: actuarial (gains) / losses due to changes in demographic 3 51 (6) 14 1 4 (2) 69 of which: actuarial (gains) / losses due to changes in financial (4,666) (678) (1,575) (3) (279) (78) (6,520) (759) of which: experience (gains) / losses 1 512 1,464 107 59 11 12 631 1,535 Past service cost related to plan amendments 0 0 0 0 0 4 0 4 Curtailments (20) (80) 0 0 0 0 (20) (80) Benefit payments (1,454) (1,097) (123) (148) (111) (112) (1,687) (1,357) Other movements (5) 0 0 0 0 1 (5) 1 Foreign currency translation (513) (809) (408) (38) (28) (33) (949) (880) Defined benefit obligation at the 22,272 27,398 2,166 4,105 1,375 1,740 25,813 33,242 of which: amounts owed to active members 11,927 14,333 65 150 169 222 12,160 14,705 of which: amounts owed to deferred members 0 0 656 1,593 528 669 1,184 2,262 of which: amounts owed to retirees 10,345 13,065 1,445 2,362 678 849 12,469 16,276 of which: funded plans 22,272 27,398 2,166 4,105 1,011 1,222 25,449 32,724 of which: unfunded plans 0 0 0 0 363 518 363 518 Fair value of plan assets at the beginning 33,975 32,590 4,297 4,149 1,329 1,360 39,601 38,100 Return on plan assets excluding interest income (3,248) 2,322 (1,312) 277 (223) 40 (4,782) 2,639 Interest income 485 74 70 58 31 26 586 159 Employer contributions 685 763 5 0 16 16 706 779 Plan participant contributions 257 266 0 0 0 0 257 266 Benefit payments (1,454) (1,097) (123) (148) (111) (112) (1,687) (1,357) Administration expenses, taxes and premiums paid (12) (13) 0 0 (3) (4) (16) (17) Other movements (2) 0 0 0 0 1 (2) 1 Foreign currency translation (567) (930) (450) (39) 0 0 (1,017) (969) Fair value of plan assets 30,119 33,975 2,488 4,297 1,039 1,329 33,646 39,601 Surplus / (deficit) 7,848 6,577 321 192 (335) (411) 7,834 6,358 Asset ceiling effect at the beginning of the year 6,577 4,862 0 0 0 0 6,577 4,862 Interest expense on asset ceiling effect 135 15 0 0 0 0 135 15 Asset ceiling effect excluding interest expense and foreign asset ceiling effect 1,189 1,821 0 0 0 0 1,189 1,821 Foreign currency translation (54) (121) 0 0 0 0 (54) (121) Asset ceiling effect at the end of the year 7,848 6,577 0 0 0 0 7,848 6,577 Net defined benefit asset / (liability) of 0 0 321 192 (335) (411) (14) (219) Net defined benefit asset / (liability) of remaining (100) (112) Total net defined benefit (114) (331) of which: Net defined benefit asset 355 302 of which: Net defined benefit liability 2 (469) (633) 1 Experience (gains) occurred. Income statement – expenses related 1 USD m Swiss pension plan UK pension plan US and German pension plans Total For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Current service cost 416 494 0 0 5 6 420 500 Interest expense related to defined benefit obligation 344 58 67 58 35 30 446 147 Interest income related to plan assets (485) (74) (70) (58) (31) (26) (586) (159) Interest expense on asset ceiling effect 135 15 0 0 0 0 135 15 Administration expenses, taxes and premiums paid 12 13 0 0 3 4 16 17 Past service cost related to plan amendments 0 0 0 0 0 4 0 4 Curtailments (20) (80) 0 0 0 0 (20) (80) Net periodic expenses recognized in net 402 426 (3) 0 12 18 411 444 Net periodic expenses recognized in net 2 25 25 Total net periodic 437 470 1 Refer to Note 6. Other comprehensive income – gains / USD m Swiss pension plan UK pension plan US and German pension plans Total For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Remeasurement of defined benefit obligation 4,151 (837) 1,474 (71) 267 62 5,891 (846) of which: change in discount rate assumption 5,414 870 1,451 319 317 77 7,183 1,267 of which: change in rate of pension increase 0 0 123 (316) (5) (1) 118 (318) of which: change in rate of interest credit on (718) (193) 0 0 (82) (1) (800) (194) of which: change in life expectancy 0 0 5 9 (1) (3) 4 5 of which: change in other actuarial assumptions (33) (50) 1 (23) 48 2 16 (71) of which: experience gains / (losses) 1 (512) (1,464) (107) (59) (11) (12) (631) (1,535) Return on plan assets excluding interest income (3,248) 2,322 (1,312) 277 (223) 40 (4,782) 2,639 Asset ceiling effect excluding interest expense and foreign (1,189) (1,821) 0 0 0 0 (1,189) (1,821) Total gains / (losses) recognized (285) (336) 162 207 43 102 (80) (28) Total gains / (losses) recognized 7 30 Total gains / (losses) recognized 2 (73) 2 1 Experience occurred. |
Disclosure of maturity analysis of expected benefit payments [text block] | Swiss pension plan UK pension plan US and German pension plans 1 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Duration of the defined benefit 13.1 15.1 13.7 18.8 7.9 9.5 Maturity analysis of benefits expected USD m Benefits expected to be paid within 12 months 1,294 1,312 107 110 123 123 Benefits expected to be paid between 2,657 2,636 234 248 232 237 Benefits expected to be paid between 3,977 3,824 384 418 335 338 Benefits expected to be paid between 6,743 6,220 667 743 502 495 Benefits expected to be paid between 6,223 5,572 667 751 388 392 Benefits expected to be paid in more than 16 years 22,446 18,092 2,570 3,028 516 519 1 The duration of the |
Disclosure of actuarial assumptions [text block] | Significant actuarial assumptions Swiss pension plan UK pension plan US pension plans German pension plans In % 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Discount rate 2.34 0.34 5.02 1.82 4.92 1 2.47 1 3.81 0.99 Rate of pension increase 0.00 0.00 3.08 3.32 0.00 0.00 2.20 1.80 Rate of interest credit on retirement savings 3.39 1.04 0.00 0.00 5.73 2 1.18 2 0.00 0.00 1 Represents weighted average |
Disclosure Of Sensitivity Analysis For Actuarial Assumptions Explanatory | Sensitivity analysis of significant actuarial 1 Increase / (decrease) in defined benefit obligation Swiss pension plan UK pension plan US and German pension plans USD m 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Discount rate Increase by 50 basis points (1,128) (1,695) (141) (361) (51) (78) Decrease by 50 basis points 1,269 1,933 157 411 55 84 Rate of pension increase Increase by 50 basis points 877 1,333 127 334 4 6 Decrease by 50 basis points – 2 – 2 (118) (306) (3) (6) Rate of interest credit on retirement Increase by 50 basis points 178 224 – 3 – 3 9 8 Decrease by 50 basis points (178) (224) – 3 – 3 (8) (7) Life expectancy Increase in longevity by one additional year 593 915 65 184 39 56 1 The sensitivity analyses are based on a change in one assumption while increase was 0 % as of 31 December 2022 assumption is not applicable. |
Disclosure of composition and fair value of plan assets [text block] | Composition and fair value Swiss pension plan 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 326 0 326 1 187 0 187 1 Real estate / property Domestic 0 3,783 3,783 13 0 3,530 3,530 10 Foreign 0 919 919 3 0 580 580 2 Investment funds Equity Domestic 743 0 743 2 843 0 843 2 Foreign 4,964 2,171 7,134 24 6,213 2,652 8,865 26 Bonds 1 Domestic, AAA to BBB– 3,760 0 3,760 12 4,446 0 4,446 13 Foreign, AAA 6,031 0 6,031 20 5,093 0 5,093 15 Foreign, below BBB– 1,062 0 1,062 4 1,314 0 1,314 4 Other 1,540 3,547 5,086 17 4,211 3,558 7,769 23 Other investments 624 651 1,275 4 668 682 1,349 4 Total fair value of plan 19,049 11,071 30,119 100 22,973 11,002 33,975 100 31.12.22 31.12.21 Total fair value of plan 30,119 33,975 of which: 2 Bank accounts at UBS 337 194 UBS debt instruments 50 28 UBS shares 27 25 Securities lent to UBS 3 871 1,079 Property occupied by UBS 90 93 Derivative financial instruments, counterparty 3 76 128 1 The bond credit from other rating positions disclosed in the table encompass both financial instruments amounted to negative USD 8 m as of 31 December 2022 43 m). Composition and fair value UK pension plan 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 104 0 104 4 147 0 147 3 Bonds 1 Domestic, AAA to BBB– 1,729 0 1,729 69 2,605 0 2,605 61 Foreign, AAA 297 0 297 12 372 0 372 9 Foreign, below BBB– 7 0 7 0 4 0 4 0 Investment funds Equity Domestic 19 3 22 1 44 4 47 1 Foreign 366 0 366 15 921 0 921 21 Bonds 1 Domestic, AAA to BBB– 367 90 457 18 532 147 679 16 Domestic, below BBB– 1 0 1 0 12 0 12 0 Foreign, AAA 90 0 90 4 179 0 179 4 Foreign, below BBB– 114 0 114 5 115 0 115 3 Real estate Domestic 64 0 64 3 110 12 122 3 Foreign 6 31 36 1 6 34 40 1 Other (280) 0 (280) (11) (313) 0 (313) (7) Repurchase agreements (612) 0 (612) (25) (725) 0 (725) (17) Other investments 66 27 94 4 65 26 91 2 Total fair value of plan 2,336 151 2,488 100 4,074 223 4,297 100 1 The bond credit from other rating agencies were US and German pension 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 7 0 7 1 11 0 11 1 Equity Domestic 55 0 55 5 79 0 79 6 Foreign 24 0 24 2 31 0 31 2 Bonds 1 Domestic, AAA to BBB– 359 0 359 35 486 0 486 37 Domestic, below BBB– 4 0 4 0 17 0 17 1 Foreign, AAA 74 0 74 7 97 0 97 7 Foreign, below BBB– 3 0 3 0 6 0 6 0 Investment funds Equity Domestic 27 0 27 3 3 0 3 0 Foreign 33 0 33 3 56 0 56 4 Bonds 1 Domestic, AAA to BBB– 266 0 266 26 269 0 269 20 Domestic, below BBB– 109 0 109 10 147 0 147 11 Foreign, AAA 2 0 2 0 11 0 11 1 Foreign, below BBB– 5 0 5 0 2 0 2 0 Real estate Domestic 0 11 11 1 0 9 9 1 Other 54 0 54 5 99 0 99 7 Other investments 5 1 6 1 5 1 6 0 Total fair value of plan 1,027 12 1,039 100 1,319 10 1,329 100 1 The bond credit from other rating agencies were |
Actuarial Assumption Of Mortality Rates [Member] | |
Entity [Table] | |
Disclosure of actuarial assumptions [text block] | Mortality tables and life expectancies Life expectancy at age 65 for a male member currently aged 65 aged 45 Country Mortality table 31.12.22 31.12.21 31.12.22 31.12.21 Switzerland BVG 2020 G with CMI 2021 projections 1 21.7 21.7 23.4 23.3 UK S3PA with CMI 2021 projections 2 23.5 23.4 24.6 24.5 USA Pri-2012 with MP-2021 projection scale 22.0 21.9 23.3 23.3 Germany Dr. K. Heubeck 20.6 20.5 23.4 23.2 Life expectancy at age 65 for a female member currently aged 65 aged 45 Country Mortality table 31.12.22 31.12.21 31.12.22 31.12.21 Switzerland BVG 2020 G with CMI 2021 projections 1 23.5 23.4 25.1 25.0 UK S3PA with CMI 2021 projections 2 25.0 24.9 26.4 26.3 USA Pri-2012 with MP-2021 projection scale 23.4 23.3 24.8 24.7 Germany Dr. K. Heubeck 24.0 23.9 26.3 26.1 1 In 2021, BVG 2020 G with |
UBS AG | |
Entity [Table] | |
Disclosure Of Defined Benefit Plans Explanatory | Defined benefit plans USD m Swiss pension plan UK pension plan US and German pension plans Total 2022 2021 2022 2021 2022 2021 2022 2021 Defined benefit obligation at the beginning of the year 15,480 15,619 4,105 4,162 1,740 1,905 21,324 21,686 Current service cost 240 285 0 0 5 6 244 291 Interest expense 195 33 67 58 35 30 297 122 Plan participant contributions 154 161 0 0 0 0 154 161 Remeasurements (2,424) 490 (1,474) 71 (267) (62) (4,165) 498 of which: actuarial (gains) / losses due to changes in demographic 2 26 (6) 14 1 4 (3) 45 of which: actuarial (gains) / losses due to changes in financial (2,653) (385) (1,575) (3) (279) (78) (4,506) (466) of which: experience (gains) / losses 1 226 848 107 59 11 12 344 919 Past service cost related to plan amendments 0 0 0 0 0 4 0 4 Curtailments (13) (49) 0 0 0 0 (13) (49) Benefit payments (796) (602) (123) (148) (111) (112) (1,030) (862) Other movements (5) 0 0 0 0 1 (5) 1 Foreign currency translation (291) (456) (408) (38) (28) (33) (727) (527) Defined benefit obligation at the 12,539 15,480 2,166 4,105 1,375 1,740 16,080 21,324 of which: amounts owed to active members 7,103 8,604 65 150 169 222 7,336 8,976 of which: amounts owed to deferred members 0 0 656 1,593 528 669 1,184 2,262 of which: amounts owed to retirees 5,436 6,876 1,445 2,362 678 849 7,560 10,086 of which: funded plans 12,539 15,480 2,166 4,105 1,011 1,222 15,717 20,806 of which: unfunded plans 0 0 0 0 363 518 363 518 Fair value of plan assets at the beginning 19,196 18,358 4,297 4,149 1,329 1,360 24,821 23,867 Return on plan assets excluding interest income (1,942) 1,319 (1,312) 277 (223) 40 (3,476) 1,637 Interest income 274 42 70 58 31 26 376 127 Employer contributions 401 450 5 0 16 16 422 466 Plan participant contributions 154 161 0 0 0 0 154 161 Benefit payments (796) (602) (123) (148) (111) (112) (1,030) (862) Administration expenses, taxes and premiums paid (7) (8) 0 0 (3) (4) (11) (11) Other movements (1) 0 0 0 0 1 (1) 1 Foreign currency translation (322) (524) (450) (39) 0 0 (772) (563) Fair value of plan assets 16,957 19,196 2,488 4,297 1,039 1,329 20,484 24,821 Surplus / (deficit) 4,418 3,716 321 192 (335) (411) 4,404 3,497 Asset ceiling effect at the beginning of the year 3,716 2,739 0 0 0 0 3,716 2,739 Interest expense on asset ceiling effect 77 8 0 0 0 0 77 8 Asset ceiling effect excluding interest expense and foreign asset ceiling effect 656 1,037 0 0 0 0 656 1,037 Foreign currency translation (31) (68) 0 0 0 0 (31) (68) Asset ceiling effect at the end of the year 4,418 3,716 0 0 0 0 4,418 3,716 Net defined benefit asset / (liability) of 0 0 321 192 (335) (411) (14) (219) Net defined benefit asset / (liability) of remaining (80) (96) Total net defined benefit (94) (315) of which: Net defined benefit asset 355 302 of which: Net defined benefit liability 2 (449) (617) 1 Experience (gains) occurred. Income statement – expenses related 1 USD m Swiss pension plan UK pension plan US and German pension plans Total For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Current service cost 240 285 0 0 5 6 244 291 Interest expense related to defined benefit obligation 195 33 67 58 35 30 297 122 Interest income related to plan assets (274) (42) (70) (58) (31) (26) (376) (127) Interest expense on asset ceiling effect 77 8 0 0 0 0 77 8 Administration expenses, taxes and premiums paid 7 8 0 0 3 4 11 11 Past service cost related to plan amendments 0 0 0 0 0 4 0 4 Curtailments (13) (49) 0 0 0 0 (13) (49) Net periodic expenses recognized in net 230 243 (3) 0 12 18 239 261 Net periodic expenses recognized in net 2 17 19 Total net periodic 256 280 1 Refer to Note 6. Other comprehensive income – gains / USD m Swiss pension plan UK pension plan US and German pension plans Total For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Remeasurement of defined benefit obligation 2,424 (490) 1,474 (71) 267 62 4,165 (498) of which: change in discount rate assumption 3,078 494 1,451 319 317 77 4,846 890 of which: change in rate of pension increase 0 0 123 (316) (5) (1) 118 (318) of which: change in rate of interest credit on (408) (110) 0 0 (82) (1) (490) (110) of which: change in life expectancy 0 0 5 9 (1) (3) 4 5 of which: change in other actuarial assumptions (19) (26) 1 (23) 48 2 30 (47) of which: experience gains / (losses) 1 (226) (848) (107) (59) (11) (12) (344) (919) Return on plan assets excluding interest income (1,942) 1,319 (1,312) 277 (223) 40 (3,476) 1,637 Asset ceiling effect excluding interest expense and foreign (656) (1,037) 0 0 0 0 (656) (1,037) Total gains / (losses) recognized (173) (207) 162 207 43 102 32 102 Total gains / (losses) recognized 8 31 Total gains / (losses) recognized 2 40 133 1 Experience occurred. |
Disclosure of maturity analysis of expected benefit payments [text block] | Swiss pension plan UK pension plan US and German pension plans 1 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Duration of the defined benefit 13.4 15.5 13.7 18.8 7.9 9.5 Maturity analysis of benefits expected USD m Benefits expected to be paid within 12 months 702 719 107 110 123 123 Benefits expected to be paid between 1,445 1,440 234 248 232 237 Benefits expected to be paid between 2,183 2,097 384 418 335 338 Benefits expected to be paid between 3,751 3,467 667 743 502 495 Benefits expected to be paid between 3,519 3,156 667 751 388 392 Benefits expected to be paid in more than 16 years 13,243 10,733 2,570 3,028 516 519 1 The duration of the |
Disclosure of actuarial assumptions [text block] | Significant actuarial assumptions Swiss pension plan UK pension plan US pension plans German pension plans In % 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Discount rate 2.34 0.34 5.02 1.82 4.92 1 2.47 1 3.81 0.99 Rate of pension increase 0.00 0.00 3.08 3.32 0.00 0.00 2.20 1.80 Rate of interest credit on retirement savings 3.39 1.04 0.00 0.00 5.73 2 1.18 2 0.00 0.00 1 Represents weighted average |
Disclosure Of Sensitivity Analysis For Actuarial Assumptions Explanatory | Sensitivity analysis of significant actuarial 1 Increase / (decrease) in defined benefit obligation Swiss pension plan UK pension plan US and German pension plans USD m 31.12.22 31.12.21 31.12.22 31.12.21 31.12.22 31.12.21 Discount rate Increase by 50 basis points (641) (975) (141) (361) (51) (78) Decrease by 50 basis points 723 1,116 157 411 55 84 Rate of pension increase Increase by 50 basis points 487 749 127 334 4 6 Decrease by 50 basis points – 2 – 2 (118) (306) (3) (6) Rate of interest credit on retirement Increase by 50 basis points 106 134 – 3 – 3 9 8 Decrease by 50 basis points (106) (134) – 3 – 3 (8) (7) Life expectancy Increase in longevity by one additional year 304 475 65 184 39 56 1 The sensitivity analyses are based on a change in one assumption while increase was 0 % as of 31 December 2022 assumption is not applicable. |
Disclosure of composition and fair value of plan assets [text block] | Composition and fair value Swiss pension plan 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 183 0 183 1 106 0 106 1 Real estate / property Domestic 0 2,130 2,130 13 0 1,994 1,994 10 Foreign 0 517 517 3 0 328 328 2 Investment funds Equity Domestic 418 0 418 2 476 0 476 2 Foreign 2,794 1,222 4,017 24 3,510 1,498 5,009 26 Bonds 1 Domestic, AAA to BBB– 2,117 0 2,117 12 2,512 0 2,512 13 Foreign, AAA 3,395 0 3,395 20 2,877 0 2,877 15 Foreign, below BBB– 598 0 598 4 742 0 742 4 Other 867 1,997 2,864 17 2,379 2,010 4,389 23 Other investments 351 367 718 4 377 385 762 4 Total fair value of plan 10,724 6,233 16,957 100 12,980 6,216 19,196 100 31.12.22 31.12.21 Total fair value of plan 16,957 19,196 of which: 2 Bank accounts at UBS AG 189 109 UBS AG debt instruments 28 16 UBS Group AG shares 15 14 Securities lent to UBS AG 3 489 608 Property occupied by UBS 51 52 Derivative financial instruments, counterparty 3 43 72 1 The bond credit ratings from other rating agencies were positions disclosed 3 Securities lent to UBS of collateral, derivative financial 5 m as of 31 December 2022 24 m). Composition and fair value UK pension plan 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 104 0 104 4 147 0 147 3 Bonds 1 Domestic, AAA to BBB– 1,729 0 1,729 69 2,605 0 2,605 61 Foreign, AAA 297 0 297 12 372 0 372 9 Foreign, below BBB– 7 0 7 0 4 0 4 0 Investment funds Equity Domestic 19 3 22 1 44 4 47 1 Foreign 366 0 366 15 921 0 921 21 Bonds 1 Domestic, AAA to BBB– 367 90 457 18 532 147 679 16 Domestic, below BBB– 1 0 1 0 12 0 12 0 Foreign, AAA 90 0 90 4 179 0 179 4 Foreign, below BBB– 114 0 114 5 115 0 115 3 Real estate Domestic 64 0 64 3 110 12 122 3 Foreign 6 31 36 1 6 34 40 1 Other (280) 0 (280) (11) (313) 0 (313) (7) Repurchase agreements (612) 0 (612) (25) (725) 0 (725) (17) Other investments 66 27 94 4 65 26 91 2 Total fair value of plan 2,336 151 2,488 100 4,074 223 4,297 100 1 The bond credit ratings from other rating agencies were US and German pension 31.12.22 31.12.21 Fair value Plan asset allocation % Fair value Plan asset allocation % USD m Quoted in an active market Other Total Quoted in an active market Other Total Cash and cash equivalents 7 0 7 1 11 0 11 1 Equity Domestic 55 0 55 5 79 0 79 6 Foreign 24 0 24 2 31 0 31 2 Bonds 1 Domestic, AAA to BBB– 359 0 359 35 486 0 486 37 Domestic, below BBB– 4 0 4 0 17 0 17 1 Foreign, AAA 74 0 74 7 97 0 97 7 Foreign, below BBB– 3 0 3 0 6 0 6 0 Investment funds Equity Domestic 27 0 27 3 3 0 3 0 Foreign 33 0 33 3 56 0 56 4 Bonds 1 Domestic, AAA to BBB– 266 0 266 26 269 0 269 20 Domestic, below BBB– 109 0 109 10 147 0 147 11 Foreign, AAA 2 0 2 0 11 0 11 1 Foreign, below BBB– 5 0 5 0 2 0 2 0 Real estate Domestic 0 11 11 1 0 9 9 1 Other 54 0 54 5 99 0 99 7 Other investments 5 1 6 1 5 1 6 0 Total fair value of plan 1,027 12 1,039 100 1,319 10 1,329 100 1 The bond credit ratings from other rating agencies were |
UBS AG | Actuarial Assumption Of Mortality Rates [Member] | |
Entity [Table] | |
Disclosure of actuarial assumptions [text block] | Mortality tables and life expectancies Life expectancy at age 65 for a male member currently aged 65 aged 45 Country Mortality table 31.12.22 31.12.21 31.12.22 31.12.21 Switzerland BVG 2020 G with CMI 2021 projections 1 21.7 21.7 23.4 23.3 UK S3PA with CMI 2021 projections 2 23.5 23.4 24.6 24.5 USA Pri-2012 with MP-2021 projection scale 22.0 21.9 23.3 23.3 Germany Dr. K. Heubeck 20.6 20.5 23.4 23.2 Life expectancy at age 65 for a female member currently aged 65 aged 45 Country Mortality table 31.12.22 31.12.21 31.12.22 31.12.21 Switzerland BVG 2020 G with CMI 2021 projections 1 23.5 23.4 25.1 25.0 UK S3PA with CMI 2021 projections 2 25.0 24.9 26.4 26.3 USA Pri-2012 with MP-2021 projection scale 23.4 23.3 24.8 24.7 Germany Dr. K. Heubeck 24.0 23.9 26.3 26.1 1 In 2021, BVG 2020 G with |
Employee benefits_ variable c_2
Employee benefits: variable compensation (Tables) | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Disclosure of compensation-related personnel expenses [text block] | Variable compensation Expenses recognized in 2022 Expenses deferred to 2023 and later 1 USD m Related to the 2022 performance year Related to prior performance years Total Related to the 2022 performance year Related to prior performance years Total Non-deferred cash 2,276 (16) 2,260 0 0 0 Deferred compensation awards 364 581 945 605 754 1,359 of which: Equity Ownership Plan 202 235 437 310 250 560 of which: Deferred Contingent Capital Plan 129 219 349 245 408 654 of which: Long-Term Incentive 11 32 43 30 42 71 of which: Fund Ownership Plan 21 95 116 20 54 74 Variable compensation – 2,640 566 3,205 605 754 1,359 Variable compensation – 2 3,799 709 4,508 1,290 2,652 3,942 of which: non-deferred cash 3,481 0 3,481 0 0 0 of which: deferred share-based awards 104 62 166 122 180 302 of which: deferred cash-based awards 185 215 400 588 636 1,224 of which: compensation commitments with recruited 29 432 461 580 1,836 2,416 Variable compensation – 3 169 71 241 237 193 430 Total variable compensation 6,608 1,346 7,954 4 2,131 3,599 5,731 1 Estimate as awards and is based on compensable revenues and firm tenure using a formulaic approach. It also includes expenses related to compensation commitments with financial advisors entered into at the time of recruitment that are subject to vesting requirements. 4 Includes USD 703 m in expenses related to 480 m; other variable compensation: 56 m; financial advisor compensation: 166 m). A further USD 88 m in expenses related 4 m, related to 61 m; other expenses: USD 23 m related to the Equity 716 m. | Variable compensation Expenses recognized in 2021 Expenses deferred to 2022 and later 1 USD m Related to the 2021 performance year Related to prior performance years Total Related to the 2021 performance year Related to prior performance years Total Non-deferred cash 2,383 (10) 2,373 0 0 0 Deferred compensation awards 405 412 817 797 624 1,421 of which: Equity Ownership Plan 183 180 363 393 184 577 of which: Deferred Contingent Capital Plan 140 158 297 299 329 628 of which: Long-Term Incentive 54 19 73 50 33 83 of which: Fund Ownership Plan 29 56 84 56 78 133 Variable compensation – 2,788 402 3,190 797 624 1,421 Variable compensation – 2 4,175 685 4,860 1,097 2,323 3,419 of which: non-deferred cash 3,858 (6) 3,853 0 0 0 of which: deferred share-based awards 106 51 157 123 146 269 of which: deferred cash-based awards 170 202 372 311 495 806 of which: compensation commitments with recruited 41 438 479 662 1,682 2,344 Variable compensation – 3 191 38 229 215 182 397 Total variable compensation 7,155 1,125 8,280 4 2,109 3,129 5,238 1 Estimate as compensable revenues and vesting requirements. USD 651 m in expenses related 435 m; other variable 59 m; financial advisor compensation: 157 m). A further USD 85 m in expenses related to 5 m related 64 m; other USD 16 m related to the Equity Plus 641 m. | Variable compensation Expenses recognized in 2020 Expenses deferred to 2021 and later 1 USD m Related to the 2020 performance year Related to prior performance years Total Related to the 2020 performance year Related to prior performance years Total Non-deferred cash 2,167 (26) 2,141 0 0 0 Deferred compensation awards 341 727 1,068 756 288 1,044 of which: Equity Ownership Plan 137 327 463 306 69 376 of which: Deferred Contingent Capital Plan 112 351 463 280 196 476 of which: Long-Term Incentive 42 11 54 50 10 61 of which: Fund Ownership Plan 49 39 88 120 12 132 Variable compensation – 2,508 701 3,209 756 288 1,044 Variable compensation – 2 3,378 713 4,091 822 2,284 3,106 of which: non-deferred cash 3,154 0 3,154 0 0 0 of which: deferred share-based awards 69 50 119 79 135 214 of which: deferred cash-based awards 133 183 316 271 467 738 of which: compensation commitments with recruited 22 480 502 473 1,682 2,155 Variable compensation – 3 126 94 220 181 192 374 Total variable compensation 6,012 1,508 7,520 4 1,760 2,764 4,524 1 Estimate as compensable revenues and vesting requirements. USD 686 m in expenses related to 517 m; other variable compensation: 50 m; financial advisor compensation: 119 m). A further USD 100 m in expenses related to share-based 4 m related to 54 m; other USD 42 m related to the Equity Plus 691 m. |
Disclosure of number and weighted average exercise prices of UBS share and performance share awards [text block] | Movements in outstanding Number of shares 2022 Weighted average grant date fair value (USD) Number of shares 2021 Weighted average grant date fair value (USD) Outstanding, at the beginning of the 180,578,561 13 174,900,395 12 Awarded during the year 62,203,770 18 68,721,549 15 Distributed during the year (54,639,882) 12 (52,137,287) 13 Forfeited during the (6,235,249) 15 (10,906,096) 13 Outstanding, at the end of the year 181,907,200 15 180,578,561 13 of which: shares vested for accounting purposes 102,364,973 107,828,979 | ||
UBS AG | |||
Entity [Table] | |||
Disclosure of compensation-related personnel expenses [text block] | Variable compensation Expenses recognized in 2022 Expenses deferred to 2023 and later 1 USD m Related to the 2022 performance year Related to prior performance years Total Related to the 2022 performance year Related to prior performance years Total Non-deferred cash 2,012 (9) 2,003 0 0 0 Deferred compensation awards 346 561 907 582 730 1,312 of which: Equity Ownership Plan 191 225 416 294 240 534 of which: Deferred Contingent Capital Plan 123 211 334 238 395 634 of which: Long-Term Incentive 11 30 41 30 40 70 of which: Fund Ownership Plan 21 95 116 20 54 74 Variable compensation – 2,358 552 2,910 582 730 1,312 Variable compensation – 2 3,799 709 4,508 1,290 2,652 3,942 of which: non-deferred cash 3,481 0 3,481 0 0 0 of which: deferred share-based awards 104 62 166 122 180 302 of which: deferred cash-based awards 185 215 400 588 636 1,224 of which: compensation commitments with recruited 29 432 461 580 1,836 2,416 Variable compensation – 3 146 72 217 230 189 419 Total variable compensation 6,304 1,332 7,636 4 2,101 3,571 5,672 1 Estimate as awards and is based on compensable revenues and firm tenure using a formulaic approach. It also includes expenses related to compensation commitments with financial advisors entered into at the time of recruitment that are subject to vesting requirements. 4 Includes USD 680 m in expenses related to 457 m; other variable compensation: 56 m; financial advisor compensation: 166 m). A further USD 80 m in expenses related 4 m, related to 57 m; other expenses: USD 19 m related to the Equity | Variable compensation Expenses recognized in 2021 Expenses deferred to 2022 and later 1 USD m Related to the 2021 performance year Related to prior performance years Total Related to the 2021 performance year Related to prior performance years Total Non-deferred cash 2,136 (8) 2,128 0 0 0 Deferred compensation awards 389 399 788 767 606 1,373 of which: Equity Ownership Plan 175 174 350 374 180 553 of which: Deferred Contingent Capital Plan 134 151 285 290 318 608 of which: Long-Term Incentive 51 17 69 48 32 79 of which: Fund Ownership Plan 29 55 84 56 77 133 Variable compensation – 2,525 391 2,916 767 606 1,373 Variable compensation – 2 4,175 685 4,860 1,097 2,323 3,419 of which: non-deferred cash 3,858 (6) 3,853 0 0 0 of which: deferred share-based awards 106 51 157 123 146 269 of which: deferred cash-based awards 170 202 372 311 495 806 of which: compensation commitments with recruited 41 438 479 662 1,682 2,344 Variable compensation – 3 163 33 196 210 178 388 Total variable compensation 6,863 1,109 7,973 4 2,074 3,107 5,181 1 Estimate as compensable revenues and vesting requirements. USD 631 m in expenses related 419 m; other variable 56 m; financial advisor compensation: 157 m). A further USD 77 m in expenses related to share-based 5 m related to 59 m; other USD 13 m related to the Equity Plus | Variable compensation Expenses recognized in 2020 Expenses deferred to 2021 and later 1 USD m Related to the 2020 performance year Related to prior performance years Total Related to the 2020 performance year Related to prior performance years Total Non-deferred cash 1,948 (29) 1,920 0 0 0 Deferred compensation awards 329 704 1,034 734 277 1,011 of which: Equity Ownership Plan 131 315 446 298 67 365 of which: Deferred Contingent Capital Plan 108 339 448 271 189 459 of which: Long-Term Incentive 41 11 52 46 9 55 of which: Fund Ownership Plan 49 39 88 120 12 132 Variable compensation – 2,278 675 2,953 734 277 1,011 Variable compensation – 2 3,378 713 4,091 822 2,284 3,106 of which: non-deferred cash 3,154 0 3,154 0 0 0 of which: deferred share-based awards 69 50 119 79 135 214 of which: deferred cash-based awards 133 183 316 271 467 738 of which: compensation commitments with recruited 22 480 502 473 1,682 2,155 Variable compensation – 3 109 92 201 176 189 364 Total variable compensation 5,765 1,481 7,246 4 1,732 2,749 4,481 1 Estimate as compensable revenues and vesting requirements. USD 666 m in expenses related 498 m; other variable 49 m; financial advisor compensation: 119 m). A further USD 88 m in expenses related to share-based 4 m related to 51 m; other USD 34 m related to the Equity Plus |
Disclosure of number and weighted average exercise prices of UBS share and performance share awards [text block] | Movements in outstanding Number of shares 2022 Weighted average grant date fair value (USD) Number of shares 2021 Weighted average grant date fair value (USD) Outstanding, at the beginning of the 295,921 15 54,557 13 Awarded during the year 358,424 19 278,756 15 Distributed during the year (37,994) 14 (24,176) 13 Forfeited during the (1,923) 15 (13,215) 15 Outstanding, at the end of the year 614,428 17 295,921 15 of which: shares vested for accounting purposes 174,329 116,775 |
Interests in subsidiaries (Tabl
Interests in subsidiaries (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure Of Significant Investments In Subsidiaries Explanatory | Individually significant subsidiaries Company Registered office Share capital in million Equity interest accumulated in % UBS AG Zurich and Basel, Switzerland CHF 385.8 100.0 UBS Business Solutions AG 1 Zurich, Switzerland CHF 1.0 100.0 1 UBS Business Solutions AG Individually significant subsidiaries 1 Company Registered office Primary business Share capital in million Equity interest accumulated in % UBS Americas Holding LLC Wilmington, Delaware, USA Group Functions USD 5,150.0 2 100.0 UBS Americas Inc. Wilmington, Delaware, USA Group Functions USD 0.0 100.0 UBS Asset Management AG Zurich, Switzerland Asset Management CHF 43.2 100.0 UBS Bank USA Salt Lake City, Utah, USA Global Wealth Management USD 0.0 100.0 UBS Europe SE Frankfurt, Germany Global Wealth Management EUR 446.0 100.0 UBS Financial Services Inc. Wilmington, Delaware, USA Global Wealth Management USD 0.0 100.0 UBS Securities LLC Wilmington, Delaware, USA Investment Bank USD 1,283.1 3 100.0 UBS Switzerland AG Zurich, Switzerland Personal & Corporate Banking CHF 10.0 100.0 1 Includes direct 1,000 5,150,000,000 . USD 100,000 1,283,000,000 . |
Disclosure Of Investments In Associates And Joint Arrangements Explanatory | Investments in associates and joint USD m 2022 2021 Carrying amount at the beginning of the year 1,243 1,557 Additions 3 1 Reclassifications 1 (44) (386) Share of comprehensive income (41) 150 of which: share of net profit 2 32 105 of which: share of other comprehensive income 3 (73) 45 Share of changes in retained earnings 0 1 Dividends received (31) (39) Foreign currency translation (30) (39) Carrying amount at the end of the year 1,101 1,243 of which: associates 1,098 1,200 of which: SIX Group AG, Zurich 4 954 1,043 of which: other associates 144 157 of which: joint ventures 3 43 of which: Mitsubishi Corp.-UBS Realty Inc., 1 40 of which: other joint ventures 3 3 1 In 2022, UBS reclassified 49 %) in Mitsubishi Corp.-UBS 44 m to Properties and UBS reclassified its minority investment 48.8 %) in Clearstream Fund Centre 386 m to Properties and other non-current of USD 27 m from associates and USD 5 m from joint ventures (for 2021, consists of USD 79 m from associates and USD 26 m from joint ventures). 73 m from associates (for 2021, consists of USD 44 m from associates and 1 m from joint ventures). 17.31 %. UBS AG is represented |
Disclosure Of Interests In Unconsolidated Structured Entities Explanatory | Interests in unconsolidated structured 31.12.22 USD m, except where indicated Securitization vehicles Client vehicles Investment funds Total Maximum exposure to loss 1 Financial assets at fair value held for trading 278 81 5,884 6,243 6,243 Derivative financial instruments 3 160 115 278 278 Loans and advances to customers 119 119 119 Financial assets at fair value not held for trading 225 225 225 Financial assets measured at fair value through 2 Other financial assets measured at amortized cost 2 837 4,977 3 2 5,817 6,066 Total assets 1,118 4 5,219 6,345 12,681 Derivative financial instruments 1 35 763 798 2 Total liabilities 1 35 763 798 Assets held by the unconsolidated structured (USD bn) 50 5 107 6 139 7 31.12.21 USD m, except where indicated Securitization vehicles Client vehicles Investment funds Total Maximum exposure to loss 1 Financial assets at fair value held for trading 246 162 6,743 7,151 7,151 Derivative financial instruments 5 45 155 205 205 Loans and advances to customers 125 125 125 Financial assets at fair value not held for trading 35 222 257 257 Financial assets measured at fair value through 324 4,525 4,849 4,849 Other financial assets measured at amortized cost 0 3 0 1 250 Total assets 610 4 4,732 7,247 12,588 Derivative financial instruments 2 11 281 294 Total liabilities 2 11 281 294 Assets held by the unconsolidated structured (USD bn) 30 5 81 6 158 7 1 For the purpose of this classified as Financial assets measured carrying amount of loan commitments. The 0.1 bn of the USD 1.1 bn (31 December 2021: USD 0.1 bn of the USD 0.6 bn) was held in Group Functions of the investment funds sponsored |
UBS AG Subsidiaries | |
Entity [Table] | |
Disclosure Of Significant Investments In Subsidiaries Explanatory | Other subsidiaries of UBS AG as of 31 December Company Registered office Primary business Share capital in million Equity interest accumulated in % UBS Asset Management (Americas) Inc. Wilmington, Delaware, USA Asset Management USD 0.0 100.0 UBS Asset Management (Hong Kong) Limited Hong Kong SAR, China Asset Management HKD 153.8 100.0 UBS Asset Management Life Ltd London, United Kingdom Asset Management GBP 15.0 100.0 UBS Asset Management Switzerland AG Zurich, Switzerland Asset Management CHF 0.5 100.0 UBS Business Solutions US LLC Wilmington, Delaware, USA Group Functions USD 0.0 100.0 UBS Credit Corp. Wilmington, Delaware, USA Global Wealth Management USD 0.0 100.0 UBS (France) S.A. Paris, France Global Wealth Management EUR 197.0 100.0 UBS Fund Management (Luxembourg) S.A. Luxembourg, Luxembourg Asset Management EUR 13.0 100.0 UBS Fund Management (Switzerland) AG Basel, Switzerland Asset Management CHF 1.0 100.0 UBS (Monaco) S.A. Monte Carlo, Monaco Global Wealth Management EUR 49.2 100.0 UBS O‘Connor LLC Wilmington, Delaware, USA Asset Management USD 1.0 100.0 UBS Realty Investors LLC Boston, Massachusetts, USA Asset Management USD 9.0 100.0 UBS Securities Australia Ltd Sydney, Australia Investment Bank AUD 0.3 1 100.0 UBS Securities Hong Kong Limited Hong Kong SAR, China Investment Bank HKD 3,354.2 100.0 UBS Securities Japan Co., Ltd. Tokyo, Japan Investment Bank JPY 34,708.7 100.0 UBS SuMi TRUST Wealth Management Co., Ltd. Tokyo, Japan Global Wealth Management JPY 5,165.0 51.0 1 Includes a nominal amount relating |
UBS AG | |
Entity [Table] | |
Disclosure Of Significant Investments In Subsidiaries Explanatory | Individually significant subsidiaries 1 Company Registered office Primary business Share capital in million Equity interest accumulated in % UBS Americas Holding LLC Wilmington, Delaware, USA Group Functions USD 5,150.0 2 100.0 UBS Americas Inc. Wilmington, Delaware, USA Group Functions USD 0.0 100.0 UBS Asset Management AG Zurich, Switzerland Asset Management CHF 43.2 100.0 UBS Bank USA Salt Lake City, Utah, USA Global Wealth Management USD 0.0 100.0 UBS Europe SE Frankfurt, Germany Global Wealth Management EUR 446.0 100.0 UBS Financial Services Inc. Wilmington, Delaware, USA Global Wealth Management USD 0.0 100.0 UBS Securities LLC Wilmington, Delaware, USA Investment Bank USD 1,283.1 3 100.0 UBS Switzerland AG Zurich, Switzerland Personal & Corporate Banking CHF 10.0 100.0 1 Includes direct 1,000 5,150,000,000 . USD 100,000 1,283,000,000 . |
Disclosure Of Investments In Associates And Joint Arrangements Explanatory | Investments in associates and joint USD m 2022 2021 Carrying amount at the beginning of the year 1,243 1,557 Additions 3 1 Reclassifications 1 (44) (386) Share of comprehensive income (41) 150 of which: share of net profit 2 32 105 of which: share of other comprehensive income 3 (73) 45 Share of changes in retained earnings 0 1 Dividends received (31) (39) Foreign currency translation (30) (39) Carrying amount at the end of the year 1,101 1,243 of which: associates 1,098 1,200 of which: SIX Group AG, Zurich 4 954 1,043 of which: other associates 144 157 of which: joint ventures 3 43 of which: Mitsubishi Corp.-UBS Realty Inc., 1 40 of which: other joint ventures 1 In 2022, UBS AG reclassified its minority investment ( 49 %) in Mitsubishi Corp.-UBS Realty 44 m to Properties and other non-current assets held for sale and sold the UBS AG reclassified 48.8 %) in Clearstream 386 m to Properties consists of USD 27 m from associates and 5 m from joint ventures (for 2021, 79 m from associates and 26 m from joint ventures). 73 m from associates (for 2021, consists of USD 44 m from associates and USD 1 m from joint ventures). 17.31 %. UBS AG is represented |
Disclosure Of Interests In Unconsolidated Structured Entities Explanatory | Interests in unconsolidated structured 31.12.22 USD m, except where indicated Securitization vehicles Client vehicles Investment funds Total Maximum exposure to loss 1 Financial assets at fair value held for trading 278 81 5,884 6,243 6,243 Derivative financial instruments 3 160 115 278 278 Loans and advances to customers 119 119 119 Financial assets at fair value not held for trading 108 108 108 Financial assets measured at fair value through 2 Other financial assets measured at amortized cost 2 837 4,977 3 2 5,817 6,066 Total assets 1,118 4 5,219 6,228 12,565 Derivative financial instruments 1 35 763 798 2 Total liabilities 1 35 763 798 Assets held by the unconsolidated structured interest (USD bn) 50 5 107 6 95 7 31.12.21 USD m, except where indicated Securitization vehicles Client vehicles Investment funds Total Maximum exposure to loss 1 Financial assets at fair value held for trading 246 162 6,743 7,151 7,151 Derivative financial instruments 5 45 155 205 205 Loans and advances to customers 125 125 125 Financial assets at fair value not held for trading 35 100 135 135 Financial assets measured at fair value through 324 4,525 4,849 4,849 Other financial assets measured at amortized cost 0 3 0 1 250 Total assets 610 4 4,732 7,124 12,466 Derivative financial instruments 2 11 281 294 Total liabilities 2 11 281 294 Assets held by the unconsolidated structured interest (USD bn) 30 5 81 6 103 7 1 For the purpose of this classified as Financial assets measured carrying amount of loan commitments. The 0.1 bn of the USD 1.1 bn (31 December 2021: USD 0.1 bn of the USD 0.6 bn) was held in Group Functions of the investment funds sponsored |
UBS AG | UBS AG Subsidiaries | |
Entity [Table] | |
Disclosure Of Significant Investments In Subsidiaries Explanatory | Other subsidiaries of UBS AG as of 31 December Company Registered office Primary business Share capital in million Equity interest accumulated in % UBS Asset Management (Americas) Inc. Wilmington, Delaware, USA Asset Management USD 0.0 100.0 UBS Asset Management (Hong Kong) Limited Hong Kong SAR, China Asset Management HKD 153.8 100.0 UBS Asset Management Life Ltd London, United Kingdom Asset Management GBP 15.0 100.0 UBS Asset Management Switzerland AG Zurich, Switzerland Asset Management CHF 0.5 100.0 UBS Business Solutions US LLC Wilmington, Delaware, USA Group Functions USD 0.0 100.0 UBS Credit Corp. Wilmington, Delaware, USA Global Wealth Management USD 0.0 100.0 UBS (France) S.A. Paris, France Global Wealth Management EUR 197.0 100.0 UBS Fund Management (Luxembourg) S.A. Luxembourg, Luxembourg Asset Management EUR 13.0 100.0 UBS Fund Management (Switzerland) AG Basel, Switzerland Asset Management CHF 1.0 100.0 UBS (Monaco) S.A. Monte Carlo, Monaco Global Wealth Management EUR 49.2 100.0 UBS O‘Connor LLC Wilmington, Delaware, USA Asset Management USD 1.0 100.0 UBS Realty Investors LLC Boston, Massachusetts, USA Asset Management USD 9.0 100.0 UBS Securities Australia Ltd Sydney, Australia Investment Bank AUD 0.3 1 100.0 UBS Securities Hong Kong Limited Hong Kong SAR, China Investment Bank HKD 3,354.2 100.0 UBS Securities Japan Co., Ltd. Tokyo, Japan Investment Bank JPY 34,708.7 100.0 UBS SuMi TRUST Wealth Management Co., Ltd. Tokyo, Japan Global Wealth Management JPY 5,165.0 51.0 1 Includes a nominal amount relating |
Related parties (Tables)
Related parties (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Remuneration | |
Entity [Table] | |
Disclosure Of Transactions Between Related Parties Explanatory | Remuneration of key management USD m, except where indicated 31.12.22 31.12.21 31.12.20 Base salaries and other cash payments 1 27 31 33 Incentive awards – cash 2 17 17 18 Annual incentive award under DCCP 25 26 27 Employer’s contributions to retirement 2 3 3 Benefits in kind, fringe benefits (at market 1 1 1 Share-based compensation 3 45 45 47 Total 118 124 129 Total (CHF m) 4 114 113 121 1 May include role-based is based on the composed of LTIP dollar amounts translated at 0.96 ; 2021: USD / CHF 0.92 ; 2020: USD / CHF 0.94 ). |
Equity holdings | |
Entity [Table] | |
Disclosure Of Transactions Between Related Parties Explanatory | Equity holdings of key management 1 31.12.22 31.12.21 Number of UBS Group AG shares held by members of the 2 3,009,686 4,597,006 1 No options were held in provisions. |
Key management personnel | Loans, advances and mortgages | |
Entity [Table] | |
Disclosure Of Transactions Between Related Parties Explanatory | Loans, advances and mortgages 1 USD m, except where indicated 2022 2021 Balance at the beginning of the year 34 38 Additions 8 11 Reductions (9) (15) Balance at the end of the year 2 33 34 Balance at the end of the year (CHF 2, 3 31 31 1 All loans are secured loans. translated at the relevant year-end |
Associates and joint ventures | Loans, advances and mortgages | |
Entity [Table] | |
Disclosure Of Transactions Between Related Parties Explanatory | Loans to and outstanding USD m 2022 2021 Carrying amount at the beginning of the year 251 630 Additions 402 133 Reductions (438) (497) Foreign currency translation 1 (14) Carrying amount at the end of the year 217 251 of which: unsecured loans and receivables 209 243 Other transactions with associates and joint As of or for the year ended USD m 31.12.22 31.12.21 Payments to associates and joint ventures for goods 138 157 Fees received for services provided to 4 104 Liabilities to associates and joint ventures 90 127 Commitments and contingent liabilities to associates and 7 7 |
UBS AG | Remuneration | |
Entity [Table] | |
Disclosure Of Transactions Between Related Parties Explanatory | Remuneration of key managem USD m, except where indicated 31.12.22 31.12.21 31.12.20 Base salaries and other cash payments 1 26 30 31 Incentive awards – cash 2 16 17 17 Annual incentive award under DCCP 23 26 26 Employer’s contributions to retirement 2 2 2 Benefits in kind, fringe benefits (at market 1 1 1 Share-based compensation 3 42 45 45 Total 110 122 122 Total (CHF m) 4 106 112 115 1 May include role-based is based on composed of LTIP US dollar amounts translated 0.96 ; 2021: USD / CHF 0.92 ; 2020: USD / 0.94 ). |
UBS AG | Equity holdings | |
Entity [Table] | |
Disclosure Of Transactions Between Related Parties Explanatory | Equity holdings of key management 1 31.12.22 31.12.21 Number of UBS Group AG shares held by members of the 2 2,443,580 4,175,515 1 No options were provisions. |
UBS AG | Key management personnel | Loans, advances and mortgages | |
Entity [Table] | |
Disclosure Of Transactions Between Related Parties Explanatory | Loans, advances and mortgages 1 USD m, except where indicated 2022 2021 Balance at the beginning of the year 28 31 Additions 8 11 Reductions (7) (15) Balance at the end of the year 2 28 28 Balance at the end of the year (CHF m) 2, 3 26 25 1 All loans are secured loans. translated at the relevant year-end |
UBS AG | Associates and joint ventures | Loans, advances and mortgages | |
Entity [Table] | |
Disclosure Of Transactions Between Related Parties Explanatory | Loans to and outstanding USD m 2022 2021 Carrying amount at the beginning of the year 251 630 Additions 402 133 Reductions (438) (497) Foreign currency translation 1 (14) Carrying amount at the end of the year 217 251 of which: unsecured loans and receivables 209 243 Other transactions with associates and joint As of or for the year ended USD m 31.12.22 31.12.21 Payments to associates and joint ventures for goods 138 157 Fees received for services provided to 4 104 Liabilities to associates and joint ventures 90 127 Commitments and contingent liabilities to associates and 7 7 |
UBS AG | UBS Group AG and other subsidiaries of UBS Group AG | Loans, advances and mortgages | |
Entity [Table] | |
Disclosure Of Transactions Between Related Parties Explanatory | USD m 31.12.22 31.12.21 Receivables Loans and advances to customers 2,807 1,049 Financial assets at fair value held for trading 146 187 Other financial assets measured at amortized cost 147 45 Payables Customer deposits 2,119 2,828 Funding from UBS Group AG 56,147 57,295 Other financial liabilities measured at amortized cost 1,985 1,887 Other financial liabilities designated at fair value 1 1,796 2,340 1 Represents funding recognized |
Invested assets and net new m_2
Invested assets and net new money (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of invested assets and net new money [text block] | Invested assets and net new As of or for the year ended USD bn 31.12.22 31.12.21 Fund assets managed by UBS 390 419 Discretionary assets 1,440 1,705 Other invested assets 2,127 2,472 Total invested assets 1 3,957 4,596 of which: double counts 340 356 Net new money 1 68 159 1 Includes double counts. |
Development of invested assets | Development of invested assets USD bn 2022 2021 Total invested assets at the beginning 1 4,596 4,187 Net new money 68 159 Market movements 2 (595) 339 Foreign currency translation (72) (65) Other effects (40) (24) of which: acquisitions / (divestments) (19) (5) Total invested assets at the end 1 3,957 4,596 1 Includes double counts. |
UBS AG | |
Entity [Table] | |
Disclosure of invested assets and net new money [text block] | Invested assets and net new As of or for the year ended USD bn 31.12.22 31.12.21 Fund assets managed by UBS 390 419 Discretionary assets 1,440 1,705 Other invested assets 2,127 2,472 Total invested assets 1 3,957 4,596 of which: double counts 340 356 Net new money 1 68 159 1 Includes double counts. |
Development of invested assets | Development of invested assets USD bn 2022 2021 Total invested assets at the beginning 1 4,596 4,187 Net new money 68 159 Market movements 2 (595) 339 Foreign currency translation (72) (65) Other effects (40) (24) of which: acquisitions / (divestments) (19) (5) Total invested assets at the end 1 3,957 4,596 1 Includes double counts. |
Currency translation rates (Tab
Currency translation rates (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of foreign exchange rates [text block] | Closing exchange rate Average rate 1 As of For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.20 1 CHF 1.08 1.10 1.05 1.09 1.07 1 EUR 1.07 1.14 1.05 1.18 1.15 1 GBP 1.21 1.35 1.23 1.37 1.29 100 JPY 0.76 0.87 0.76 0.91 0.94 1 Monthly income statement twelve month-end divisions may deviate from the |
UBS AG | |
Entity [Table] | |
Disclosure of foreign exchange rates [text block] | Closing exchange rate Average rate 1 As of For the year ended 31.12.22 31.12.21 31.12.22 31.12.21 31.12.20 1 CHF 1.08 1.10 1.05 1.09 1.07 1 EUR 1.07 1.14 1.05 1.18 1.15 1 GBP 1.21 1.35 1.23 1.37 1.29 100 JPY 0.76 0.87 0.76 0.91 0.94 1 Monthly income statement twelve month-end rates, weighted according may deviate from the weighted |
Supplemental guarantor inform_2
Supplemental guarantor information required under SEC regulations (Tables) - UBS AG | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Schedule Of Condensed Income Statement [Table Text Block] | Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Interest income from financial instruments measured fair value through other comprehensive 4,824 3,894 4,661 (1,575) 11,803 Interest expense from financial instruments measured (5,449) (736) (2,604) 2,093 (6,696) Net interest income from financial instruments measured profit or loss and other 881 546 431 (449) 1,410 Net interest income 257 3,704 2,488 68 6,517 Other net income from financial instruments measured profit or loss 5,541 900 940 112 7,493 Fee and commission income 2,875 4,865 13,766 (660) 20,846 Fee and commission expense (684) (464) (1,327) 652 (1,823) Net fee and commission income 2,191 4,401 12,439 (8) 19,023 Other income 6,732 203 3,329 (8,382) 1,882 Total revenues 14,721 9,208 19,197 (8,210) 34,915 Credit loss expense / (release) (17) 50 (3) (1) 29 Personnel expenses 3,251 1,995 9,835 0 15,080 General and administrative expenses 3,374 3,258 5,029 (2,660) 9,001 Depreciation, amortization and impairment of non 871 340 744 (109) 1,845 Operating expenses 7,496 5,592 15,607 (2,769) 25,927 Operating profit / (loss) before 7,242 3,566 3,592 (5,440) 8,960 Tax expense / (benefit) (28) 638 1,083 151 1,844 Net profit / (loss) 7,270 2,928 2,509 (5,592) 7,116 Net profit / (loss) attributable to non-controlling 0 0 32 0 32 Net profit / (loss) attributable to shareholders 7,270 2,928 2,477 (5,592) 7,084 1 Amounts presented under “Complementary UBS Americas Holding LLC, | Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Interest income from financial instruments measured fair value through other comprehensive 3,130 3,652 2,456 (703) 8,534 Interest expense from financial instruments measured (2,847) (520) (1,024) 1,025 (3,366) Net interest income from financial instruments measured profit or loss and other 1,229 254 228 (274) 1,437 Net interest income 1,512 3,386 1,660 48 6,605 Other net income from financial instruments measured profit or loss 3,751 807 1,369 (83) 5,844 Fee and commission income 3,837 5,204 16,151 (770) 24,422 Fee and commission expense (810) (481) (1,450) 755 (1,985) Net fee and commission income 3,027 4,723 14,702 (14) 22,438 Other income 7,555 221 1,560 (8,396) 941 Total revenues 15,845 9,137 19,291 (8,445) 35,828 Credit loss expense / (release) (65) (98) (10) 24 (148) Personnel expenses 3,401 2,098 10,161 1 15,661 General and administrative expenses 4,255 3,442 4,474 (2,696) 9,476 Depreciation, amortization and impairment of non 949 285 755 (114) 1,875 Operating expenses 8,605 5,825 15,390 (2,809) 27,012 Operating profit / (loss) before 7,305 3,409 3,910 (5,660) 8,964 Tax expense / (benefit) 203 622 1,090 (11) 1,903 Net profit / (loss) 7,102 2,788 2,820 (5,649) 7,061 Net profit / (loss) attributable to non-controlling 0 0 29 0 29 Net profit / (loss) attributable to shareholders 7,102 2,788 2,792 (5,649) 7,032 1 Amounts presented under “Complementary Americas Holding LLC, | Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Interest income from financial instruments measured fair value through other comprehensive 3,386 3,636 2,612 (818) 8,816 Interest expense from financial instruments measured (3,694) (513) (1,261) 1,134 (4,333) Net interest income from financial instruments measured profit or loss and other 1,103 164 311 (273) 1,305 Net interest income 794 3,288 1,662 43 5,788 Other net income from financial instruments measured profit or loss 4,857 911 1,044 118 6,930 Fee and commission income 3,731 4,585 13,651 (984) 20,982 Fee and commission expense (644) (829) (1,263) 961 (1,775) Net fee and commission income 3,087 3,756 12,388 (23) 19,207 Other income 4,671 233 2,585 (5,941) 1,549 Total revenues 13,410 8,188 17,679 (5,803) 33,474 Credit loss expense / (release) 352 286 56 0 695 Personnel expenses 3,458 2,017 9,211 0 14,686 General and administrative expenses 3,507 3,313 4,147 (2,481) 8,486 Depreciation, amortization and impairment of non 1,013 261 750 (115) 1,909 Operating expenses 7,978 5,591 14,108 (2,596) 25,081 Operating profit / (loss) before 5,079 2,311 3,515 (3,207) 7,699 Tax expense / (benefit) 238 444 912 (107) 1,488 Net profit / (loss) 4,840 1,868 2,603 (3,100) 6,211 Net profit / (loss) attributable to non-controlling 0 0 15 0 15 Net profit / (loss) attributable to shareholders 4,840 1,868 2,588 (3,100) 6,196 1 Amounts presented under “Complementary Americas Holding LLC, |
Condensed Statement Of Comprehensive Income [Table Text Block] | Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Comprehensive income attributable to shareholders Net profit / (loss) 7,270 2,928 2,477 (5,592) 7,084 Other comprehensive income Other comprehensive income that statement Foreign currency translation, net (114) (197) (506) 298 (519) Financial assets measured at fair value through income, net of tax 3 (3) 0 9 0 6 Cash flow hedges, net of tax (2,791) (1,359) (631) (12) (4,793) Cost of hedging, net of tax 45 45 Total other comprehensive income statement, net of tax (2,863) (1,555) (1,128) 286 (5,260) Other comprehensive income that will not income statement Defined benefit plans, net of tax 170 (112) 23 0 81 Own credit on financial liabilities designated at fair value, 796 796 Total other comprehensive income statement, net of tax 966 (112) 23 0 877 Total other comprehensive (1,897) (1,667) (1,104) 286 (4,383) Total comprehensive 5,373 1,261 1,373 (5,306) 2,701 Total comprehensive income attributable to 18 18 Total comprehensive 5,373 1,261 1,391 (5,306) 2,719 1 Amounts presented under “Complementary Americas Holding classified as Financial assets | Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Comprehensive income attributable to Net profit / (loss) 7,102 2,788 2,792 (5,649) 7,032 Other comprehensive income Other comprehensive income that statement Foreign currency translation, net (1) (419) (607) 517 (510) Financial assets measured at fair value through income, net of tax 0 (157) 0 (157) Cash flow hedges, net of tax (1,129) (279) (250) (17) (1,675) Cost of hedging, net of tax (26) (26) Total other comprehensive income statement, net of tax (1,155) (699) (1,014) 500 (2,368) Other comprehensive income that will not income statement Defined benefit plans, net of tax 170 (135) 67 0 102 Own credit on financial liabilities designated at fair value, 46 46 Total other comprehensive income statement, net of tax 217 (135) 67 0 148 Total other comprehensive (939) (834) (947) 500 (2,220) Total comprehensive 6,163 1,954 1,845 (5,149) 4,813 Total comprehensive income attributable to 13 13 Total comprehensive 6,163 1,954 1,858 (5,149) 4,826 1 Amounts presented under “Complementary Americas Holding LLC, | Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) For the year ended Comprehensive income attributable to shareholders Net profit / (loss) 4,840 1,868 2,588 (3,100) 6,196 Other comprehensive income Other comprehensive income that statement Foreign currency translation, net 81 1,228 690 (969) 1,030 Financial assets measured at fair value through comprehensive income, net of tax 0 0 137 0 136 Cash flow hedges, net of tax 902 26 101 (18) 1,011 Cost of hedging, net of tax (13) (13) Total other comprehensive income statement, net of tax 971 1,254 928 (988) 2,165 Other comprehensive income that will not income statement Defined benefit plans, net of tax (67) (107) 40 0 (134) Own credit on financial liabilities designated at fair value, (293) (293) Total other comprehensive the income statement, net of tax (360) (107) 40 0 (427) Total other comprehensive 611 1,147 968 (988) 1,738 Total comprehensive 5,451 3,015 3,556 (4,088) 7,934 Total comprehensive income attributable to 36 36 Total comprehensive 5,451 3,015 3,592 (4,088) 7,970 1 Amounts presented under “Complementary Americas Holding LLC, |
Schedule Of Condensed Balance Sheet [Table Text Block] | Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) As of 31 December 2022 Assets Cash and balances at central banks 48,689 84,465 36,291 0 169,445 Loans and advances to banks 39,691 6,357 19,063 (50,441) 14,671 Receivables from securities financing transactions amortized cost 51,493 903 34,110 (18,691) 67,814 Cash collateral receivables on derivative 35,594 1,221 10,074 (11,856) 35,033 Loans and advances to customers 90,168 229,861 101,231 (31,233) 390,027 Other financial assets measured at amortized cost 24,005 9,532 21,880 (2,029) 53,389 Total financial assets 289,641 332,339 222,649 (114,250) 730,379 Financial assets at fair value held for trading 95,810 173 13,899 (1,848) 108,034 of which: assets pledged as collateral that may be sold or repledged by counterparties 41,056 0 5,578 (9,892) 36,742 Derivative financial instruments 149,447 5,925 35,106 (40,368) 150,109 Brokerage receivables 9,763 0 7,814 0 17,576 Financial assets at fair value not held for trading 45,302 4,354 26,843 (17,091) 59,408 Total financial assets 300,321 10,453 83,661 (59,308) 335,127 Financial assets measured at through other comprehensive income 1,953 0 286 0 2,239 Investments in subsidiaries and associates 54,323 33 0 (53,255) 1,101 Property, equipment 5,852 1,654 4,077 (267) 11,316 Goodwill and intangible assets 213 0 6,050 5 6,267 Deferred tax assets 1,624 276 7,470 (16) 9,354 Other non-financial assets 6,930 1,768 951 4 9,652 Total assets 660,856 346,522 325,144 (227,087) 1,105,436 Liabilities Amounts due to banks 41,395 37,123 51,555 (118,477) 11,596 Payables from securities financing amortized cost 9,425 247 13,303 (18,774) 4,202 Cash collateral payables on derivative instruments 35,528 1,518 11,191 (11,800) 36,436 Customer deposits 98,628 273,316 132,619 22,608 527,171 Funding from UBS Group AG 56,147 0 0 56,147 Debt issued measured at amortized cost 50,706 8,965 1 (173) 59,499 Other financial liabilities measured at amortized cost 4,903 2,221 5,554 (2,287) 10,391 Total financial liabilities measured 296,733 323,391 214,222 (128,903) 705,442 Financial liabilities at fair value held for trading 25,059 183 5,843 (1,570) 29,515 Derivative financial instruments 153,778 6,177 35,314 (40,363) 154,906 Brokerage payables designated at 32,346 0 12,746 (7) 45,085 Debt issued designated at fair value 71,444 0 508 (110) 71,842 Other financial liabilities designated at fair value 17,888 0 17,074 (2,928) 32,033 Total financial liabilities measured 300,514 6,360 71,484 (44,977) 333,382 Provisions 1,904 239 1,041 (2) 3,183 Other non-financial liabilities 1,630 1,019 3,742 98 6,489 Total liabilities 600,782 331,009 290,490 (173,785) 1,048,496 Equity attributable to shareholders 60,075 15,513 34,313 (53,303) 56,598 Equity attributable to non-controlling 342 0 342 Total equity 60,075 15,513 34,655 (53,303) 56,940 Total liabilities and 660,856 346,522 325,144 (227,087) 1,105,436 1 Amounts presented for available under “Complementary UBS Americas Holding LLC, | Supplemental guarantor consolidated USD m UBS AG (standalone) 1 UBS Switzerland AG (standalone) 1 Other subsidiaries 2 Elimination entries UBS AG (consolidated) As of 31 December 2021 Assets Cash and balances at central banks 53,839 91,031 47,946 192,817 Loans and advances to banks 39,681 7,066 19,858 (51,245) 15,360 Receivables from securities financing transactions amortized cost 50,566 5,438 40,585 (21,577) 75,012 Cash collateral receivables on derivative 29,939 779 10,314 (10,518) 30,514 Loans and advances to customers 101,458 230,170 93,252 (26,188) 398,693 Other financial assets measured at amortized cost 8,902 6,828 12,377 (1,870) 26,236 Total financial assets 284,385 341,312 224,332 (111,397) 738,632 Financial assets at fair value held for trading 116,370 79 16,740 (2,156) 131,033 of which: assets pledged as collateral that may be sold or repledged by counterparties 47,891 0 6,073 (10,568) 43,397 Derivative financial instruments 113,426 4,199 35,567 (35,047) 118,145 Brokerage receivables 14,563 7,283 (7) 21,839 Financial assets at fair value not held for trading 37,532 5,413 33,940 (17,243) 59,642 Total financial assets 281,891 9,691 93,531 (54,454) 330,659 Financial assets measured at through other comprehensive income 1,007 7,837 8,844 Investments in subsidiaries and associates 54,204 37 40 (53,038) 1,243 Property, equipment 6,501 1,456 4,048 (293) 11,712 Goodwill and intangible assets 213 6,138 28 6,378 Deferred tax assets 936 7,903 8,839 Other non-financial assets 5,757 2,424 1,656 (1) 9,836 Total assets 634,894 354,921 345,484 (219,154) 1,116,145 Liabilities Amounts due to banks 34,691 33,453 50,405 (105,448) 13,101 Payables from securities financing amortized cost 16,711 526 9,910 (21,615) 5,533 Cash collateral payables on derivative instruments 30,260 153 11,845 (10,458) 31,801 Customer deposits 101,093 286,488 142,967 14,287 544,834 Funding from UBS Group AG 57,295 57,295 Debt issued measured at amortized cost 73,045 9,460 (73) 82,432 Other financial liabilities measured at amortized cost 4,477 2,477 5,057 (2,245) 9,765 Total financial liabilities measured 317,572 332,556 220,184 (125,551) 744,762 Financial liabilities at fair value held for trading 25,711 372 7,652 (2,046) 31,688 Derivative financial instruments 116,588 4,053 35,731 (35,063) 121,309 Brokerage payables designated at 30,497 13,548 (1) 44,045 Debt issued designated at fair value 70,660 785 14 71,460 Other financial liabilities designated at fair value 11,127 24,454 (3,167) 32,414 Total financial liabilities measured 254,584 4,425 82,171 (40,263) 300,916 Provisions 2,023 297 1,153 (21) 3,452 Other non-financial liabilities 1,799 1,278 5,528 (33) 8,572 Total liabilities 575,978 338,556 309,036 (165,868) 1,057,702 Equity attributable to shareholders 58,916 16,365 36,108 (53,287) 58,102 Equity attributable to non-controlling 340 340 Total equity 58,916 16,365 36,448 (53,287) 58,442 Total liabilities and 634,894 354,921 345,484 (219,154) 1,116,145 1 Amounts presented for available under “Complementary UBS Americas Holding LLC, | |
Schedule Of Condensed Cash Flow Statement [Table Text Block] | Supplemental guarantor consolidated USD m UBS AG 1 UBS Switzerland AG 1 Other 1 UBS AG (consolidated) For the year ended Net cash flow from / (used in) operating 17,286 (1,165) (5,491) 10,630 Cash flow from / (used in) investing activities Purchase of subsidiaries, associates and intangible assets 0 (3) 0 (3) Disposal of subsidiaries, associates and intangible 2 157 453 1,120 1,729 Purchase of property, (562) (292) (624) (1,478) Disposal of property, equipment 161 0 0 161 Purchase of financial assets measured at fair value through (4,131) 0 (652) (4,783) Disposal and redemption of financial assets measured at income 3,188 0 896 4,084 Net (purchase) / redemption of debt securities measured (8,159) (1,820) (2,013) (11,993) Net cash flow from / (used in) (9,346) (1,663) (1,274) (12,283) Cash flow from / (used in) financing activities Net short-term debt issued / (repaid) (12,215) (3) (31) (12,249) Distributions paid on UBS AG shares (4,200) 0 0 (4,200) Issuance of debt designated at fair value and long 3 78,866 550 41 79,457 Repayment of debt designated at fair value and 3 (66,526) (860) (284) (67,670) Net cash flows from other financing activities (258) 0 (337) (595) Net activity related to group internal capital transactions 5,217 (2,088) (3,128) 0 Net cash flow from / (used in) 884 (2,401) (3,740) (5,257) Total Cash and cash equivalents at the beginning 57,895 92,799 57,061 207,755 Net cash flow from / (used in) operating, investing 8,824 (5,229) (10,505) (6,911) Effects of exchange rate differences on cash and (3,111) (1,338) (1,196) (5,645) Cash and cash equivalents at the end 4 63,608 86,232 45,359 195,200 of which: cash and balances at central banks 48,607 84,465 36,291 169,363 of which: loans and advances to banks 2,957 1,550 8,821 13,329 of which: money market paper 5 12,044 216 248 12,508 1 Cash flows generally sales of: investments administration 4 Balances with an 4,253 m of cash and cash held for trading, Financial assets | Supplemental guarantor consolidated USD m UBS AG 1 UBS Switzerland AG 1 Other 1 UBS AG (consolidated) For the year ended Net cash flow from / (used in) operating 5,714 2,131 22,718 30,563 Cash flow from / (used in) investing activities Purchase of subsidiaries, associates and intangible assets 0 (1) 0 (1) Disposal of subsidiaries, associates and intangible 2 16 0 577 593 Purchase of property, (656) (276) (650) (1,581) Disposal of property, equipment 294 0 1 295 Purchase of financial assets measured at fair value through (1,006) 0 (4,795) (5,802) Disposal and redemption of financial assets measured at income 189 0 4,863 5,052 Net (purchase) / redemption of debt securities measured at amortized (807) 772 (380) (415) Net cash flow from / (used in) (1,970) 495 (385) (1,860) Cash flow from / (used in) financing activities Net short-term debt issued / (repaid) (3,073) (21) 0 (3,093) Distributions paid on UBS AG shares (4,539) 0 0 (4,539) Issuance of debt designated at fair value and long 3 97,250 1,177 193 98,619 Repayment of debt designated at fair value and 3 (78,385) (1,093) (320) (79,799) Net cash flows from other financing activities (280) 0 20 (261) Net activity related to group internal capital transactions 5,240 (537) (4,702) 0 Net cash flow from / (used in) 16,212 (475) (4,811) 10,927 Total Cash and cash equivalents at the beginning 39,400 93,342 40,689 173,430 Net cash flow from / (used in) operating, investing 19,957 2,151 17,523 39,630 Effects of exchange rate differences on cash and (1,462) (2,693) (1,151) (5,306) Cash and cash equivalents at the end 4 57,895 92,799 57,061 207,755 of which: cash and balances at central banks 53,729 91,031 47,946 192,706 of which: loans and advances to banks 3,258 1,588 8,975 13,822 of which: money market paper 5 908 179 139 1,227 1 Cash flows generally sale of the minority stake in USD 3,408 m of cash and cash equivalents were other comprehensive income, | Supplemental guarantor consolidated USD m UBS AG 1 UBS Switzerland AG 1 Other 1 UBS AG (consolidated) For the year ended Net cash flow from / (used in) operating (14,883) 24,661 26,804 36,581 Cash flow from / (used in) investing activities Purchase of subsidiaries, associates and intangible assets 0 (3) (43) (46) Disposal of subsidiaries, associates and intangible 2 14 0 660 674 Purchase of property, (714) (162) (697) (1,573) Disposal of property, equipment 361 0 3 364 Purchase of financial assets measured at fair value through (77) 0 (6,213) (6,290) Disposal and redemption of financial assets measured at income 79 0 4,451 4,530 Net (purchase) / redemption of debt securities measured (3,021) 132 (1,277) (4,166) Net cash flow from / (used in) (3,357) (33) (3,117) (6,506) Cash flow from / (used in) financing activities Net short-term debt issued / (repaid) 23,828 17 0 23,845 Distributions paid on UBS AG shares (3,848) 0 0 (3,848) Issuance of debt designated at fair value and long 3 78,867 1,057 229 80,153 Repayment of debt designated at fair value and 3 (86,204) (776) (118) (87,099) Net cash flows from other financing activities (290) 0 (263) (553) Net activity related to group internal capital transactions 2,984 (1,307) (1,677) 0 Net cash flow from / (used in) 15,336 (1,009) (1,829) 12,498 Total Cash and cash equivalents at the beginning 39,598 62,551 17,655 119,804 Net cash flow from / (used in) operating, investing (2,905) 23,619 21,859 42,573 Effects of exchange rate differences on cash and 2,706 7,171 1,175 11,053 Cash and cash equivalents at the end 4 39,400 93,342 40,689 173,430 of which: cash and balances at central banks 34,283 91,638 32,167 158,088 of which: loans and advances to banks 4,085 1,695 8,148 13,928 of which: money market paper 5 1,032 9 374 1,415 1 Cash flows generally sale of the majority stake 3,828 m of cash and comprehensive income, |
MD&A - Risk management and co_2
MD&A - Risk management and control - Credit Risk (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Internal UBS rating scale and mapping of external ratings [text block] | Internal UBS rating scale Internal UBS rating 1-year PD range in % Description Moody’s Investors Service mapping S&P mapping Fitch mapping 0 and 1 0.00–0.02 Investment grade Aaa AAA AAA 2 0.02–0.05 Aa1 to Aa3 AA+ to AA– AA+ to AA– 3 0.05–0.12 A1 to A3 A+ to A– A+ to A– 4 0.12–0.25 Baa1 to Baa2 BBB+ to BBB BBB+ to BBB 5 0.25–0.50 Baa3 BBB– BBB– 6 0.50–0.80 Sub-investment grade Ba1 BB+ BB+ 7 0.80–1.30 Ba2 BB BB 8 1.30–2.10 Ba3 BB– BB– 9 2.10–3.50 B1 B+ B+ 10 3.50–6.00 B2 B B 11 6.00–10.00 B3 B– B– 12 10.00–17.00 Caa1 to Caa2 CCC+ to CCC CCC+ to CCC 13 >17 Caa3 to C CCC- CCC- Counterparty is in default Default Defaulted D D |
UBS AG | |
Entity [Table] | |
Internal UBS rating scale and mapping of external ratings [text block] | Internal UBS rating scale Internal UBS rating 1-year PD range in % Description Moody’s Investors Service mapping S&P mapping Fitch mapping 0 and 1 0.00–0.02 Investment grade Aaa AAA AAA 2 0.02–0.05 Aa1 to Aa3 AA+ to AA– AA+ to AA– 3 0.05–0.12 A1 to A3 A+ to A– A+ to A– 4 0.12–0.25 Baa1 to Baa2 BBB+ to BBB BBB+ to BBB 5 0.25–0.50 Baa3 BBB– BBB– 6 0.50–0.80 Sub-investment grade Ba1 BB+ BB+ 7 0.80–1.30 Ba2 BB BB 8 1.30–2.10 Ba3 BB– BB– 9 2.10–3.50 B1 B+ B+ 10 3.50–6.00 B2 B B 11 6.00–10.00 B3 B– B– 12 10.00–17.00 Caa1 to Caa2 CCC+ to CCC CCC+ to CCC 13 >17 Caa3 to C CCC- CCC- Counterparty is in default Default Defaulted D D |
MD&A - Risk management and co_3
MD&A - Risk management and control - Market Risk (Tables) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Disclosure of detailed information about management value-at-risk [text block] | Management value Functions by general 1 For the year ended USD m Equity Interest rates Credit spreads Foreign exchange Commodities Min. 2 8 4 2 2 Max. 17 18 9 11 7 Average 6 10 5 3 3 31.12.22 6 10 4 3 3 Total management VaR, 6 18 11 9 Average (per business division and risk Global Wealth Management 1 2 1 1 0 1 1 0 0 Personal & Corporate Banking 0 0 0 0 0 0 0 0 0 Asset Management 0 0 0 0 0 0 0 0 0 Investment Bank 6 17 10 8 6 9 5 3 3 Group Functions 3 5 4 5 1 4 3 1 0 Diversification effect 2,3 (5) (5) (1) (3) (4) (1) 0 For the year ended USD m Equity Interest rates Credit spreads Foreign exchange Commodities Min. 1 7 5 1 2 Max. 35 13 11 9 5 Average 7 9 7 3 3 31.12.21 8 11 7 6 3 Total management VaR, 4 36 11 12 Average (per business division and risk type) Global Wealth Management 1 3 1 2 0 1 2 0 0 Personal & Corporate Banking 0 0 0 0 0 0 0 0 0 Asset Management 0 0 0 0 0 0 0 0 0 Investment Bank 3 36 11 11 7 9 7 3 3 Group Functions 4 8 5 4 0 4 4 1 0 Diversification effect 2,3 (6) (5) 0 (5) (5) (1) 0 1 Statistics at individual line or risk type, being driven by the extreme rendering invalid the simple a whole. |
UBS AG | |
Entity [Table] | |
Disclosure of detailed information about management value-at-risk [text block] | Management value Functions by general 1 For the year ended USD m Equity Interest rates Credit spreads Foreign exchange Commodities Min. 2 8 4 2 2 Max. 17 18 9 11 7 Average 6 10 5 3 3 31.12.22 6 10 4 3 3 Total management VaR, 6 18 11 9 Average (per business division and risk Global Wealth Management 1 2 1 1 0 1 1 0 0 Personal & Corporate Banking 0 0 0 0 0 0 0 0 0 Asset Management 0 0 0 0 0 0 0 0 0 Investment Bank 6 17 10 8 6 9 5 3 3 Group Functions 3 5 4 5 1 4 3 1 0 Diversification effect 2,3 (5) (5) (1) (3) (4) (1) 0 For the year ended USD m Equity Interest rates Credit spreads Foreign exchange Commodities Min. 1 7 5 1 2 Max. 35 13 11 9 5 Average 7 9 7 3 3 31.12.21 8 11 7 6 3 Total management VaR, 4 36 11 12 Average (per business division and risk type) Global Wealth Management 1 3 1 2 0 1 2 0 0 Personal & Corporate Banking 0 0 0 0 0 0 0 0 0 Asset Management 0 0 0 0 0 0 0 0 0 Investment Bank 3 36 11 11 7 9 7 3 3 Group Functions 4 8 5 4 0 4 4 1 0 Diversification effect 2,3 (6) (5) 0 (5) (5) (1) 0 1 Statistics at individual line or risk type, being driven by the extreme rendering invalid the simple a whole. |
Share capital (Narrative) (Deta
Share capital (Narrative) (Detail) SFr / shares in Units, $ / shares in Units, $ in Millions | 12 Months Ended | |||||
Dec. 31, 2022 CHF (SFr) SFr / shares shares | Dec. 31, 2022 USD ($) shares | Dec. 31, 2021 USD ($) shares | Dec. 31, 2022 $ / shares | Dec. 31, 2020 shares | Dec. 31, 2019 shares | |
Ordinary share capital | ||||||
Shares issued | 3,524,635,722 | 3,702,422,995 | 3,859,055,395 | 3,859,055,395 | ||
Par value of shares | SFr / shares | SFr 0.10 | |||||
Share capital | SFr | SFr 352,463,572.20 | |||||
Shares issued / (canceled) | (177,787,273) | (177,787,273) | (156,632,400) | |||
Cancelation of treasury shares related to the share repurchase program | $ | $ 0 | $ 0 | ||||
Cancellation of second trading line treasury shares | 177,787,273 | 177,787,273 | 156,632,400 | |||
Par value per share if aligned with entity's presentation currency | $ / shares | $ 0.10 | |||||
Conditional share capital | ||||||
Additional shares that could have been issued to fund UBS's employee share option programs | 121,705,830 | |||||
Value of available shares to fund UBS employee share option programs | SFr | SFr 12,170,583 | |||||
Additional conditional capital available for conversion rights and warrants granted in connection with the issuance of bonds or similar financial instruments | 380,000,000 | |||||
Value of additional conditional capital available for conversion rights and warrants granted in connection with the issuance of bonds or similar financial instruments | SFr | SFr 38,000,000 | |||||
Share capital | ||||||
Ordinary share capital | ||||||
Cancelation of treasury shares related to the share repurchase program | $ | $ (18) | $ (16) | ||||
Treasury shares | ||||||
Ordinary share capital | ||||||
Cancelation of treasury shares related to the share repurchase program | SFr 2,775,000,000 | $ 3,022 | $ 2,044 | |||
UBS AG | ||||||
Ordinary share capital | ||||||
Shares issued | 3,858,408,466 | 3,858,408,466 | ||||
Par value of shares | SFr / shares | SFr 0.10 | |||||
Share capital | SFr | SFr 385,840,846.60 | |||||
Par value per share if aligned with entity's presentation currency | $ / shares | $ 0.10 | |||||
Conditional share capital | ||||||
Additional conditional capital available for conversion rights and warrants granted in connection with the issuance of bonds or similar financial instruments | 380,000,000 | |||||
Value of additional conditional capital available for conversion rights and warrants granted in connection with the issuance of bonds or similar financial instruments | SFr | SFr 38,000,000 | |||||
Authorized share capital | ||||||
Shares issued held by parent entity | 100% | 100% |
Share repurchase program (Narra
Share repurchase program (Narrative) (Detail) SFr in Millions, $ in Millions | 12 Months Ended | |
Dec. 31, 2022 CHF (SFr) shares | Dec. 31, 2022 USD ($) shares | |
Share Repurchase Program [Table] | ||
Treasury shares to be cancelled | 62,548,000 | 62,548,000 |
From 2021 | ||
Share Repurchase Program [Table] | ||
Maximum amount intended for the purchase of own registered shares as part of the share repurchase program | SFr | SFr 4,000 | |
Shares aquired as part of the share repurchase program | 88,000,000 | 88,000,000 |
Amount invested to aquire own registered shares as part of the share repurchase program | SFr 1,516 | $ 1,637 |
From 2022 | ||
Share Repurchase Program [Table] | ||
Maximum amount intended for the purchase of own registered shares as part of the share repurchase program | $ | $ 6,000 | |
Shares aquired as part of the share repurchase program | 234,000,000 | 234,000,000 |
Amount invested to aquire own registered shares as part of the share repurchase program | SFr 3,808 | $ 3,944 |
Material accounting policies (N
Material accounting policies (Narrative) (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Date of authorisation for issue of financial statements | Feb. 23, 2023 |
UBS AG [Member] | |
Entity [Table] | |
Date of authorisation for issue of financial statements | Feb. 23, 2023 |
Reclassification of financial a
Reclassification of financial assets (Narrative) (Detail) $ in Millions | 12 Months Ended |
Dec. 31, 2022 USD ($) | |
Disclosure Of Reclassification Of Financial Assets [Table] | |
Date of reclassification of financial assets due to change in business model | Apr. 01, 2022 |
Reclassification of financial assets out of measured at fair value through other comprehensive income into measured at amortised cost | $ 6,900 |
Reclassification of financial assets to Other financial assets measured at amortized cost, before tax | 449 |
Reclassification of financial assets to Other financial assets measured at amortized cost, net of tax | 333 |
Carrying amount of financial assets reclassified out of fair value through other comprehensive income category into amortised cost category | 7,400 |
Fair value of financial assets reclassified out of fair value through other comprehensive income category into amortised cost category | 5,800 |
Potential gains (losses) before tax on reclassified financial assets measured at fair value through other comprehensive income, if not reclassified | $ 981 |
UBS AG | |
Disclosure Of Reclassification Of Financial Assets [Table] | |
Date of reclassification of financial assets due to change in business model | Apr. 01, 2022 |
Reclassification of financial assets out of measured at fair value through other comprehensive income into measured at amortised cost | $ 6,900 |
Reclassification of financial assets to Other financial assets measured at amortized cost, before tax | 449 |
Reclassification of financial assets to Other financial assets measured at amortized cost, net of tax | 333 |
Carrying amount of financial assets reclassified out of fair value through other comprehensive income category into amortised cost category | 7,400 |
Fair value of financial assets reclassified out of fair value through other comprehensive income category into amortised cost category | 5,800 |
Potential gains (losses) before tax on reclassified financial assets measured at fair value through other comprehensive income, if not reclassified | $ 981 |
Segment reporting (Detail)
Segment reporting (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Operating Segments [Table] | |||
Net interest income | $ 6,621 | $ 6,705 | $ 5,862 |
Non-interest income | 27,942 | 28,689 | 27,222 |
Total revenues | 34,563 | 35,393 | 33,084 |
Credit loss expense / (release) | 29 | (148) | 694 |
Operating expenses | 24,930 | 26,058 | 24,235 |
Operating profit / (loss) before tax | 9,604 | 9,484 | 8,155 |
Tax expense / (benefit) | 1,942 | 1,998 | 1,583 |
Net profit / (loss) | 7,661 | 7,486 | 6,572 |
Additional information | |||
Total assets | 1,104,364 | 1,117,182 | 1,125,765 |
Effect Of Change In Methodology Of Allocation Of Balance Sheet Resources From Group Functions To Business Divisions If Applied Retrospectively | 26,000 | ||
Additions to non-current assets | 2,060 | 2,091 | 2,847 |
Clearstream Fund Centre AG | |||
Additional information | |||
Gains (losses) on the sale of subsidiaries | 631 | ||
Global Wealth Management | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | 5,273 | 4,244 | 4,027 |
Non-interest income | 13,694 | 15,175 | 13,107 |
Total revenues | 18,967 | 19,419 | 17,134 |
Credit loss expense / (release) | 0 | (29) | 88 |
Operating expenses | 13,989 | 14,665 | 13,026 |
Operating profit / (loss) before tax | 4,977 | 4,783 | 4,019 |
Additional information | |||
Total assets | 388,530 | 395,235 | 367,714 |
Additions to non-current assets | 42 | 56 | 5 |
Global Wealth Management | Clearstream Fund Centre AG | |||
Additional information | |||
Gains (losses) on the sale of subsidiaries | 60 | ||
Personal & Corporate Banking | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | 2,191 | 2,120 | 2,049 |
Non-interest income | 2,111 | 2,143 | 1,858 |
Total revenues | 4,302 | 4,263 | 3,908 |
Credit loss expense / (release) | 39 | (86) | 257 |
Operating expenses | 2,452 | 2,618 | 2,392 |
Operating profit / (loss) before tax | 1,812 | 1,731 | 1,259 |
Additional information | |||
Total assets | 235,226 | 225,370 | 231,657 |
Additions to non-current assets | 13 | 16 | 12 |
Asset Management | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | (19) | (15) | (17) |
Non-interest income | 2,980 | 2,632 | 2,993 |
Total revenues | 2,961 | 2,617 | 2,975 |
Credit loss expense / (release) | 0 | 1 | 2 |
Operating expenses | 1,564 | 1,586 | 1,519 |
Operating profit / (loss) before tax | 1,397 | 1,030 | 1,455 |
Additional information | |||
Total assets | 17,348 | 25,639 | 28,589 |
Additions to non-current assets | 1 | 1 | 385 |
Asset Management | Clearstream Fund Centre AG | |||
Additional information | |||
Gains (losses) on the sale of subsidiaries | 571 | ||
Asset Management | Mitsubishi Corp.-UBS Realty Inc. | |||
Disclosure Of Operating Segments [Table] | |||
Non-interest income | 848 | ||
Investment Bank | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | (242) | 481 | 284 |
Non-interest income | 8,958 | 8,972 | 9,235 |
Total revenues | 8,717 | 9,454 | 9,519 |
Credit loss expense / (release) | (12) | (34) | 305 |
Operating expenses | 6,832 | 6,858 | 6,732 |
Operating profit / (loss) before tax | 1,897 | 2,630 | 2,482 |
Additional information | |||
Total assets | 391,320 | 346,431 | 369,683 |
Effect Of Change In Methodology Of Allocation Of Balance Sheet Resources From Group Functions To Business Divisions If Applied Retrospectively | 14,000 | ||
Additions to non-current assets | 34 | 30 | 150 |
Group Functions | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | (584) | (127) | (481) |
Non-interest income | 199 | (233) | 30 |
Total revenues | (385) | (359) | (452) |
Credit loss expense / (release) | 3 | 0 | 42 |
Operating expenses | 92 | 330 | 567 |
Operating profit / (loss) before tax | (480) | (689) | (1,060) |
Additional information | |||
Total assets | 71,940 | 124,507 | 128,122 |
Additions to non-current assets | 1,970 | 1,989 | 2,294 |
UBS AG | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | 6,517 | 6,605 | 5,788 |
Non-interest income | 28,398 | 29,222 | 27,686 |
Total revenues | 34,915 | 35,828 | 33,474 |
Credit loss expense / (release) | 29 | (148) | 695 |
Operating expenses | 25,927 | 27,012 | 25,081 |
Operating profit / (loss) before tax | 8,960 | 8,964 | 7,699 |
Tax expense / (benefit) | 1,844 | 1,903 | 1,488 |
Net profit / (loss) | 7,116 | 7,061 | 6,211 |
Additional information | |||
Total assets | 1,105,436 | 1,116,145 | 1,125,327 |
Effect Of Change In Methodology Of Allocation Of Balance Sheet Resources From Group Functions To Business Divisions If Applied Retrospectively | 26,000 | ||
Additions to non-current assets | 1,862 | 1,791 | 2,524 |
UBS AG | Clearstream Fund Centre AG | |||
Additional information | |||
Gains (losses) on the sale of subsidiaries | 631 | 631 | |
UBS AG | Global Wealth Management | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | 5,274 | 4,244 | 4,027 |
Non-interest income | 13,689 | 15,175 | 13,107 |
Total revenues | 18,963 | 19,419 | 17,134 |
Credit loss expense / (release) | 0 | (29) | 88 |
Operating expenses | 14,069 | 14,743 | 13,080 |
Operating profit / (loss) before tax | 4,894 | 4,706 | 3,965 |
Additional information | |||
Total assets | 388,624 | 395,235 | 367,714 |
Additions to non-current assets | 42 | 56 | 5 |
UBS AG | Global Wealth Management | Clearstream Fund Centre AG | |||
Additional information | |||
Gains (losses) on the sale of subsidiaries | 60 | ||
UBS AG | Personal & Corporate Banking | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | 2,192 | 2,120 | 2,049 |
Non-interest income | 2,113 | 2,144 | 1,859 |
Total revenues | 4,304 | 4,264 | 3,908 |
Credit loss expense / (release) | 39 | (86) | 257 |
Operating expenses | 2,475 | 2,623 | 2,390 |
Operating profit / (loss) before tax | 1,790 | 1,726 | 1,261 |
Additional information | |||
Total assets | 235,330 | 225,425 | 231,710 |
Additions to non-current assets | 13 | 16 | 12 |
UBS AG | Asset Management | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | (19) | (15) | (17) |
Non-interest income | 2,980 | 2,632 | 2,993 |
Total revenues | 2,961 | 2,617 | 2,975 |
Credit loss expense / (release) | 0 | 1 | 2 |
Operating expenses | 1,565 | 1,593 | 1,520 |
Operating profit / (loss) before tax | 1,396 | 1,023 | 1,454 |
Additional information | |||
Total assets | 16,971 | 25,202 | 28,266 |
Additions to non-current assets | 1 | 1 | 385 |
UBS AG | Asset Management | Clearstream Fund Centre AG | |||
Additional information | |||
Gains (losses) on the sale of subsidiaries | 571 | ||
UBS AG | Asset Management | Mitsubishi Corp.-UBS Realty Inc. | |||
Disclosure Of Operating Segments [Table] | |||
Non-interest income | 848 | ||
UBS AG | Investment Bank | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | (241) | 481 | 284 |
Non-interest income | 8,958 | 8,978 | 9,224 |
Total revenues | 8,717 | 9,459 | 9,508 |
Credit loss expense / (release) | (12) | (34) | 305 |
Operating expenses | 6,890 | 6,902 | 6,762 |
Operating profit / (loss) before tax | 1,839 | 2,592 | 2,441 |
Additional information | |||
Total assets | 391,495 | 346,641 | 369,778 |
Effect Of Change In Methodology Of Allocation Of Balance Sheet Resources From Group Functions To Business Divisions If Applied Retrospectively | 14,000 | ||
Additions to non-current assets | 33 | 30 | 150 |
UBS AG | Group Functions | |||
Disclosure Of Operating Segments [Table] | |||
Net interest income | (688) | (226) | (555) |
Non-interest income | 659 | 294 | 504 |
Total revenues | (30) | 68 | (52) |
Credit loss expense / (release) | 3 | 0 | 42 |
Operating expenses | 928 | 1,151 | 1,329 |
Operating profit / (loss) before tax | (960) | (1,083) | (1,423) |
Additional information | |||
Total assets | 73,016 | 123,641 | 127,858 |
Additions to non-current assets | $ 1,773 | $ 1,689 | $ 1,971 |
Segment reporting by geographic
Segment reporting by geographic location (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 34,563 | $ 35,393 | $ 33,084 |
Total revenues (Share %) | 100% | 100% | 100% |
Total non-current assets | $ 19,700 | $ 20,500 | $ 21,100 |
Total non-current assets (Share %) | 100% | 100% | 100% |
Americas | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 13,800 | $ 14,500 | $ 13,200 |
Total revenues (Share %) | 40% | 41% | 40% |
Total non-current assets | $ 8,900 | $ 9,000 | $ 9,000 |
Total non-current assets (Share %) | 46% | 44% | 42% |
Asia Pacific | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 5,600 | $ 6,500 | $ 6,100 |
Total revenues (Share %) | 16% | 18% | 18% |
Total non-current assets | $ 1,500 | $ 1,500 | $ 1,500 |
Total non-current assets (Share %) | 8% | 7% | 7% |
Europe, Middle East and Africa (excluding Switzerland) | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 7,000 | $ 7,000 | $ 6,500 |
Total revenues (Share %) | 20% | 20% | 20% |
Total non-current assets | $ 2,900 | $ 2,900 | $ 3,000 |
Total non-current assets (Share %) | 15% | 14% | 14% |
Switzerland | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 7,700 | $ 7,800 | $ 7,100 |
Total revenues (Share %) | 22% | 22% | 22% |
Total non-current assets | $ 6,300 | $ 7,100 | $ 7,600 |
Total non-current assets (Share %) | 32% | 35% | 36% |
Global | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 500 | $ (300) | $ 100 |
Total revenues (Share %) | 1% | (1.00%) | 0% |
Total non-current assets | $ 0 | $ 0 | $ 0 |
Total non-current assets (Share %) | 0% | 0% | 0% |
UBS AG | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 34,915 | $ 35,828 | $ 33,474 |
Total revenues (Share %) | 100% | 100% | 100% |
Total non-current assets | $ 18,700 | $ 19,300 | $ 20,000 |
Total non-current assets (Share %) | 100% | 100% | 100% |
UBS AG | Americas | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 13,800 | $ 14,500 | $ 13,200 |
Total revenues (Share %) | 40% | 40% | 39% |
Total non-current assets | $ 9,000 | $ 9,000 | $ 9,000 |
Total non-current assets (Share %) | 48% | 47% | 45% |
UBS AG | Asia Pacific | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 5,600 | $ 6,500 | $ 6,100 |
Total revenues (Share %) | 16% | 18% | 18% |
Total non-current assets | $ 1,500 | $ 1,400 | $ 1,400 |
Total non-current assets (Share %) | 8% | 7% | 7% |
UBS AG | Europe, Middle East and Africa (excluding Switzerland) | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 7,000 | $ 7,000 | $ 6,500 |
Total revenues (Share %) | 20% | 20% | 20% |
Total non-current assets | $ 2,600 | $ 2,600 | $ 2,700 |
Total non-current assets (Share %) | 14% | 13% | 14% |
UBS AG | Switzerland | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 7,700 | $ 7,800 | $ 7,100 |
Total revenues (Share %) | 22% | 22% | 21% |
Total non-current assets | $ 5,600 | $ 6,300 | $ 6,900 |
Total non-current assets (Share %) | 30% | 33% | 34% |
UBS AG | Global | |||
Disclosure Of Geographical Areas [Table] | |||
Total revenues | $ 800 | $ 100 | $ 500 |
Total revenues (Share %) | 2% | 0% | 2% |
Total non-current assets | $ 0 | $ 0 | $ 0 |
Total non-current assets (Share %) | 0% | 0% | 0% |
Net interest income and other_2
Net interest income and other net income from fair value changes on financial instruments (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Net Interest And Other Income From Fair Value Changes By Segments [Table] | |||
Other net income from financial instruments measured at fair value through profit or loss | $ 7,517 | $ 5,850 | $ 6,960 |
of which: net gains / (losses) from financial liabilities designated at fair value | 17,037 | (6,582) | 1,509 |
Net income from financial instruments measured at fair value through profit or loss and other | 8,920 | 7,281 | 8,259 |
Interest income from loans and deposits | 9,612 | 6,488 | 6,690 |
Interest income from securities financing transactions measured at amortised cost | 1,378 | 513 | 862 |
Interest income from other financial instruments measured at amortized cost | 545 | 284 | 335 |
Interest income from debt instruments measured at fair value through other comprehensive income | 74 | 115 | 101 |
Interest income from derivative instruments designated as cash flow hedges | 173 | 1,133 | 822 |
Total interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | 11,782 | 8,533 | 8,810 |
Interest expense on loans and deposits | 2,579 | 523 | 1,031 |
Interest expense on securities financing transactions measured at amortised cost | 1,089 | 1,102 | 870 |
Interest expense on debt issued | 2,803 | 1,533 | 2,237 |
Interest expense on lease liabilities | 92 | 102 | 110 |
Total interest expense from financial instruments measured at amortized cost | 6,564 | 3,259 | 4,247 |
Total net interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | 5,218 | 5,274 | 4,563 |
Net interest income from financial instruments measured at fair value through profit or loss and other | 1,403 | 1,431 | 1,299 |
Total net interest income | 6,621 | 6,705 | 5,862 |
Net gains / (losses) on financial liabilities related to unit-linked investment contracts, which are designated at fair value through profit of loss | 4,112 | 2,068 | 72 |
Net gains / (losses) on financial assets for unit-linked investment contracts that are mandatorily measured at fair value through profit or loss not held for trading | 4,112 | 2,068 | 72 |
UBS AG [Member] | |||
Net Interest And Other Income From Fair Value Changes By Segments [Table] | |||
Other net income from financial instruments measured at fair value through profit or loss | 7,493 | 5,844 | 6,930 |
of which: net gains / (losses) from financial liabilities designated at fair value | 17,036 | (6,457) | 1,625 |
Net income from financial instruments measured at fair value through profit or loss and other | 8,903 | 7,281 | 8,235 |
Interest income from loans and deposits | 9,634 | 6,489 | 6,696 |
Interest income from securities financing transactions measured at amortised cost | 1,378 | 513 | 862 |
Interest income from other financial instruments measured at amortized cost | 545 | 284 | 335 |
Interest income from debt instruments measured at fair value through other comprehensive income | 74 | 115 | 101 |
Interest income from derivative instruments designated as cash flow hedges | 173 | 1,133 | 822 |
Total interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | 11,803 | 8,534 | 8,816 |
Interest expense on loans and deposits | 4,488 | 1,655 | 2,440 |
Interest expense on securities financing transactions measured at amortised cost | 1,089 | 1,102 | 870 |
Interest expense on debt issued | 1,031 | 512 | 918 |
Interest expense on lease liabilities | 88 | 98 | 105 |
Total interest expense from financial instruments measured at amortized cost | 6,696 | 3,366 | 4,333 |
Total net interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | 5,108 | 5,168 | 4,483 |
Net interest income from financial instruments measured at fair value through profit or loss and other | 1,410 | 1,437 | 1,305 |
Total net interest income | 6,517 | 6,605 | 5,788 |
Net gains / (losses) on financial liabilities related to unit-linked investment contracts, which are designated at fair value through profit of loss | 4,112 | 2,068 | 72 |
Net gains / (losses) on financial assets for unit-linked investment contracts that are mandatorily measured at fair value through profit or loss not held for trading | $ 4,112 | $ 2,068 | $ 72 |
Net fee and commission income_2
Net fee and commission income (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Underwriting fees | $ 579 | $ 1,463 | $ 1,085 |
M&A and corporate finance fees | 804 | 1,102 | 736 |
Brokerage fees | 3,484 | 4,382 | 4,132 |
Investment fund fees | 4,942 | 5,790 | 5,289 |
Portfolio management and related services | 9,059 | 9,762 | 8,009 |
Other | 1,920 | 1,874 | 1,710 |
Total fee and commission income | 20,789 | 24,372 | 20,961 |
Total fee and commission expense | 1,823 | 1,985 | 1,775 |
Net fee and commission income | 18,966 | 22,387 | 19,186 |
Global Wealth Management | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 12,990 | 14,545 | 12,475 |
Personal & Corporate Banking | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 1,654 | 1,644 | 1,426 |
Asset Management | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 2,840 | 3,337 | 3,129 |
Investment Bank | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 3,296 | 4,814 | 3,882 |
Group Functions | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 10 | 33 | 49 |
of which: recurring | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 14,229 | 15,410 | 13,009 |
of which: transaction-based | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 6,492 | 8,692 | 7,491 |
of which: performance-based | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 68 | 269 | 461 |
UBS AG | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Underwriting fees | 633 | 1,512 | 1,104 |
M&A and corporate finance fees | 804 | 1,102 | 736 |
Brokerage fees | 3,487 | 4,383 | 4,132 |
Investment fund fees | 4,942 | 5,790 | 5,289 |
Portfolio management and related services | 9,059 | 9,762 | 8,009 |
Other | 1,921 | 1,874 | 1,712 |
Total fee and commission income | 20,846 | 24,422 | 20,982 |
Total fee and commission expense | 1,823 | 1,985 | 1,775 |
Net fee and commission income | 19,023 | 22,438 | 19,207 |
UBS AG | Global Wealth Management | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 12,990 | 14,545 | 12,475 |
UBS AG | Personal & Corporate Banking | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 1,657 | 1,645 | 1,427 |
UBS AG | Asset Management | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 2,840 | 3,337 | 3,129 |
UBS AG | Investment Bank | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 3,350 | 4,863 | 3,901 |
UBS AG | Group Functions | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 10 | 33 | 50 |
UBS AG | of which: recurring | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 14,229 | 15,410 | 13,010 |
UBS AG | of which: transaction-based | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | 6,550 | 8,743 | 7,512 |
UBS AG | of which: performance-based | |||
Disclosure Of Disaggregation Of Revenue From Contracts With Customers [Table] | |||
Total fee and commission income | $ 68 | $ 269 | $ 461 |
Other income (Detail)
Other income (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Associates, joint ventures and subsidiaries | |||
Net gains / (losses) from acquisitions and disposals of subsidiaries | $ 148 | $ (11) | $ 635 |
Net gains / (losses) from disposals of investments in associates | 844 | 41 | 0 |
Share of net profits of associates and joint ventures | 32 | 105 | 84 |
Total | 1,024 | 135 | 719 |
Net gains / (losses) from disposals of financial assets measured at fair value through other comprehensive income | (1) | 9 | 40 |
Income from properties | 20 | 23 | 26 |
Net gains / (losses) from properties held for sale | 24 | 100 | 76 |
Other | 391 | 185 | 216 |
Total other income | 1,459 | 452 | 1,076 |
Net gains / (losses) arising from sale-and-leaseback transactions | 140 | ||
Gains Losses On Repurchase Of UBSs Own Debt Instruments | 98 | (60) | |
Gains / (losses) on the sales of intellectual property rights | 215 | ||
Other income related to a legacy bankruptcy claim | 111 | ||
UBS Wealth Management business in Spain | |||
Associates, joint ventures and subsidiaries | |||
Other | 111 | ||
Gains (losses) on the sale of subsidiaries | 133 | ||
Mitsubishi Corp.-UBS Realty Inc. | |||
Associates, joint ventures and subsidiaries | |||
Net gains / (losses) from disposals of investments in associates and joint ventures | 848 | ||
Other | 848 | ||
Clearstream Fund Centre AG | |||
Associates, joint ventures and subsidiaries | |||
Gains (losses) on the sale of subsidiaries | 631 | ||
Wealth management business in Austria | |||
Associates, joint ventures and subsidiaries | |||
Other | 100 | ||
UBS AG | |||
Associates, joint ventures and subsidiaries | |||
Net gains / (losses) from acquisitions and disposals of subsidiaries | 148 | (11) | 635 |
Net gains / (losses) from disposals of investments in associates | 844 | 41 | 0 |
Share of net profits of associates and joint ventures | 32 | 105 | 84 |
Total | 1,024 | 134 | 719 |
Net gains / (losses) from disposals of financial assets measured at fair value through other comprehensive income | (1) | 9 | 40 |
Income from properties | 20 | 22 | 25 |
Net gains / (losses) from properties held for sale | 71 | 100 | 76 |
Income from shared services provided to UBS Group AG or its subsidiaries | 460 | 451 | 422 |
Other | 308 | 224 | 267 |
Total other income | 1,882 | 941 | 1,549 |
Net gains / (losses) arising from sale-and-leaseback transactions | 140 | ||
Gains Losses On Repurchase Of UBSs Own Debt Instruments | 23 | (17) | |
Gains / (losses) on the sales of intellectual property rights | 215 | ||
Other income related to a legacy bankruptcy claim | 111 | ||
UBS AG | UBS Wealth Management business in Spain | |||
Associates, joint ventures and subsidiaries | |||
Other | 111 | ||
Gains (losses) on the sale of subsidiaries | 133 | ||
UBS AG | Mitsubishi Corp.-UBS Realty Inc. | |||
Associates, joint ventures and subsidiaries | |||
Net gains / (losses) from disposals of investments in associates and joint ventures | 848 | ||
Other | 848 | ||
UBS AG | Clearstream Fund Centre AG | |||
Associates, joint ventures and subsidiaries | |||
Gains (losses) on the sale of subsidiaries | $ 631 | $ 631 | |
UBS AG | Wealth management business in Austria | |||
Associates, joint ventures and subsidiaries | |||
Other | $ 100 |
Personnel expenses (Detail)
Personnel expenses (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Salaries | $ 7,045 | $ 7,339 | $ 7,023 |
Variable compensation | 7,954 | 8,280 | 7,520 |
Variable compensation - performance awards | 3,205 | 3,190 | 3,209 |
Variable compensation - financial advisors | 4,508 | 4,860 | 4,091 |
Variable compensation - other | 241 | 229 | 220 |
Contractors | 323 | 381 | 375 |
Social security | 944 | 978 | 899 |
Post-employment benefit plans | 794 | 833 | 845 |
of which: defined benefit plans | 437 | 470 | 502 |
of which: defined contribution plans | 357 | 363 | 343 |
Other personnel expenses | 621 | 576 | 561 |
Total personnel expenses | 17,680 | 18,387 | 17,224 |
Curtailments | 20 | 80 | 0 |
Increase (decrease) due to modification of deferred compensation awards | |||
Entity [Table] | |||
Variable compensation - performance awards | 240 | ||
Social security | 20 | ||
Other personnel expenses | 20 | ||
Total personnel expenses | 280 | ||
UBS AG | |||
Entity [Table] | |||
Salaries | 5,528 | 5,723 | 5,535 |
Variable compensation | 7,636 | 7,973 | 7,246 |
Variable compensation - performance awards | 2,910 | 2,916 | 2,953 |
Variable compensation - financial advisors | 4,508 | 4,860 | 4,091 |
Variable compensation - other | 217 | 196 | 201 |
Contractors | 119 | 142 | 138 |
Social security | 730 | 762 | 704 |
Post-employment benefit plans | 555 | 582 | 597 |
of which: defined benefit plans | 256 | 280 | 306 |
of which: defined contribution plans | 299 | 303 | 291 |
Other personnel expenses | 513 | 479 | 466 |
Total personnel expenses | 15,080 | 15,661 | 14,686 |
Curtailments | $ 13 | $ 49 | 0 |
UBS AG | Increase (decrease) due to modification of deferred compensation awards | |||
Entity [Table] | |||
Variable compensation - performance awards | 240 | ||
Social security | 20 | ||
Other personnel expenses | 10 | ||
Total personnel expenses | $ 270 |
General and administrative ex_3
General and administrative expenses (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Outsourcing costs | $ 896 | $ 893 | $ 951 |
IT expenses | 1,146 | 1,055 | 949 |
Consulting, legal and audit fees | 592 | 540 | 646 |
Real estate and logistics costs | 605 | 634 | 671 |
Market data services | 419 | 417 | 413 |
Marketing and communication | 265 | 242 | 217 |
Travel and entertainment | 172 | 72 | 84 |
Litigation, regulatory and similar matters | 348 | 911 | 197 |
Other | 746 | 788 | 757 |
Total general and administrative expenses | 5,189 | 5,553 | 4,885 |
UBS AG | |||
Entity [Table] | |||
Outsourcing costs | 451 | 426 | 466 |
IT expenses | 502 | 490 | 449 |
Consulting, legal and audit fees | 494 | 465 | 566 |
Real estate and logistics costs | 507 | 530 | 563 |
Market data services | 367 | 367 | 361 |
Marketing and communication | 195 | 171 | 162 |
Travel and entertainment | 156 | 66 | 77 |
Litigation, regulatory and similar matters | 348 | 910 | 197 |
Other | 5,981 | 6,051 | 5,646 |
of which: shared service costs charged by UBS Group AG or its subsidiaries | 5,264 | 5,321 | 4,939 |
Total general and administrative expenses | $ 9,001 | $ 9,476 | $ 8,486 |
Income taxes (Narrative) (Detai
Income taxes (Narrative) (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Net tax expense | $ 1,942 | $ 1,998 | $ 1,583 |
Effective tax rate | 20.20% | ||
Projected Tax Rate | 24% | ||
Current tax expense / (benefit) | $ 1,400 | ||
Deferred tax assets | 9,389 | 8,876 | |
Net tax expense / (benefit) recognized in other comprehensive income | (1,116) | (479) | |
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 32,091 | 34,690 | |
UK | |||
Entity [Table] | |||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 14,332 | 14,909 | |
United States | |||
Entity [Table] | |||
Deferred tax assets | 8,294 | 8,521 | |
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 13,350 | 14,870 | |
Other locations | |||
Entity [Table] | |||
Deferred tax assets | 1,095 | 355 | |
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 4,409 | 4,911 | |
Swiss | |||
Entity [Table] | |||
Net tax expense | 715 | 714 | 598 |
Current tax expense / (benefit) | 730 | 680 | 482 |
Deferred tax expense / (benefit) | (15) | 34 | 116 |
Non-Swiss | |||
Entity [Table] | |||
Net tax expense | 1,227 | 1,284 | 985 |
Current tax expense / (benefit) | 718 | 884 | 749 |
Deferred tax expense / (benefit) | 509 | 400 | 236 |
Deferred tax expense / (benefit) resulting from the net upward remeasurement of DTAs for certain entities | (169) | ||
Amortisation of deferred tax assets | 678 | ||
UBS AG | |||
Entity [Table] | |||
Net tax expense | $ 1,844 | 1,903 | 1,488 |
Effective tax rate | 20.60% | ||
Projected Tax Rate | 24% | ||
Deferred tax assets | $ 9,354 | 8,839 | |
Net tax expense / (benefit) recognized in other comprehensive income | (1,095) | (455) | |
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 32,091 | 34,690 | |
UBS AG | UK | |||
Entity [Table] | |||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 14,332 | 14,909 | |
UBS AG | United States | |||
Entity [Table] | |||
Deferred tax assets | 8,294 | 8,521 | |
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 13,350 | 14,870 | |
UBS AG | Other locations | |||
Entity [Table] | |||
Deferred tax assets | 1,060 | 318 | |
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 4,409 | 4,911 | |
UBS AG | Swiss | |||
Entity [Table] | |||
Net tax expense | 642 | 640 | 524 |
Current tax expense / (benefit) | 664 | 614 | 417 |
Deferred tax expense / (benefit) | (22) | 26 | 107 |
UBS AG | Non-Swiss | |||
Entity [Table] | |||
Net tax expense | 1,202 | 1,263 | 963 |
Current tax expense / (benefit) | 689 | 857 | 715 |
Deferred tax expense / (benefit) | 513 | $ 406 | $ 248 |
Deferred tax expense / (benefit) resulting from the net upward remeasurement of DTAs for certain entities | (169) | ||
Amortisation of deferred tax assets | $ 678 |
Income taxes (Detail 1)
Income taxes (Detail 1) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Major Components Of Tax Expense Income [Table] | |||
Current tax expense / (benefit) | $ 1,400 | ||
Income tax expense / (benefit) | 1,942 | $ 1,998 | $ 1,583 |
Swiss | |||
Major Components Of Tax Expense Income [Table] | |||
Current tax expense / (benefit) | 730 | 680 | 482 |
Deferred tax expense / (benefit) | (15) | 34 | 116 |
Income tax expense / (benefit) | 715 | 714 | 598 |
Non-Swiss | |||
Major Components Of Tax Expense Income [Table] | |||
Current tax expense / (benefit) | 718 | 884 | 749 |
Deferred tax expense / (benefit) | 509 | 400 | 236 |
Income tax expense / (benefit) | 1,227 | 1,284 | 985 |
UBS AG | |||
Major Components Of Tax Expense Income [Table] | |||
Income tax expense / (benefit) | 1,844 | 1,903 | 1,488 |
UBS AG | Swiss | |||
Major Components Of Tax Expense Income [Table] | |||
Current tax expense / (benefit) | 664 | 614 | 417 |
Deferred tax expense / (benefit) | (22) | 26 | 107 |
Income tax expense / (benefit) | 642 | 640 | 524 |
UBS AG | Non-Swiss | |||
Major Components Of Tax Expense Income [Table] | |||
Current tax expense / (benefit) | 689 | 857 | 715 |
Deferred tax expense / (benefit) | 513 | 406 | 248 |
Income tax expense / (benefit) | $ 1,202 | $ 1,263 | $ 963 |
Income taxes (Detail 2)
Income taxes (Detail 2) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Major Components Of Tax Expense Income [Table] | |||
Operating profit / (loss) before tax | $ 9,604 | $ 9,484 | $ 8,155 |
Income taxes at Swiss tax rate of 19.5% for 2020, 20.5% for 2019 and 21% for 2018 | 1,729 | 1,755 | 1,590 |
Increase / (decrease) resulting from: | |||
Non-Swiss tax rates differing from Swiss tax rate | 284 | 234 | 110 |
Tax effects of losses not recognized | 74 | 124 | 144 |
Previously unrecognized tax losses now utilized | (217) | (179) | (212) |
Non-taxable and lower taxed income | (335) | (278) | (394) |
Non-deductible expenses and additional taxable income | 429 | 510 | 385 |
Adjustments related to prior years - current tax | (41) | (40) | (67) |
Adjustments related to prior years - deferred tax | 13 | (10) | 12 |
Change in deferred tax recognition | (217) | (342) | (381) |
Adjustments to deferred tax balances arising from changes in tax rates | 0 | (5) | 234 |
Other items | 222 | 231 | 161 |
Income tax expense / (benefit) | $ 1,942 | $ 1,998 | $ 1,583 |
Applicable tax rate | 18% | 18.50% | 19.50% |
Swiss | |||
Major Components Of Tax Expense Income [Table] | |||
Operating profit / (loss) before tax | $ 4,425 | $ 3,334 | $ 3,403 |
Increase / (decrease) resulting from: | |||
Income tax expense / (benefit) | 715 | 714 | 598 |
Non-Swiss | |||
Major Components Of Tax Expense Income [Table] | |||
Operating profit / (loss) before tax | 5,178 | 6,150 | 4,752 |
Increase / (decrease) resulting from: | |||
Income tax expense / (benefit) | 1,227 | 1,284 | 985 |
UBS AG | |||
Major Components Of Tax Expense Income [Table] | |||
Operating profit / (loss) before tax | 8,960 | 8,964 | 7,699 |
Income taxes at Swiss tax rate of 19.5% for 2020, 20.5% for 2019 and 21% for 2018 | 1,613 | 1,658 | 1,501 |
Increase / (decrease) resulting from: | |||
Non-Swiss tax rates differing from Swiss tax rate | 267 | 217 | 96 |
Tax effects of losses not recognized | 74 | 124 | 144 |
Previously unrecognized tax losses now utilized | (217) | (179) | (212) |
Non-taxable and lower taxed income | (316) | (252) | (381) |
Non-deductible expenses and additional taxable income | 414 | 487 | 373 |
Adjustments related to prior years - current tax | (33) | (38) | (66) |
Adjustments related to prior years - deferred tax | 19 | (3) | 18 |
Change in deferred tax recognition | (217) | (341) | (383) |
Adjustments to deferred tax balances arising from changes in tax rates | 0 | (1) | 235 |
Other items | 240 | 230 | 163 |
Income tax expense / (benefit) | $ 1,844 | $ 1,903 | $ 1,488 |
Applicable tax rate | 18% | 18.50% | 19.50% |
UBS AG | Swiss | |||
Major Components Of Tax Expense Income [Table] | |||
Operating profit / (loss) before tax | $ 4,052 | $ 2,983 | $ 3,042 |
Increase / (decrease) resulting from: | |||
Income tax expense / (benefit) | 642 | 640 | 524 |
UBS AG | Non-Swiss | |||
Major Components Of Tax Expense Income [Table] | |||
Operating profit / (loss) before tax | 4,907 | 5,981 | 4,657 |
Increase / (decrease) resulting from: | |||
Income tax expense / (benefit) | $ 1,202 | $ 1,263 | $ 963 |
Income taxes - DTA (Detail 3.1)
Income taxes - DTA (Detail 3.1) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | $ 18,522 | $ 18,769 |
Valuation allowance | (9,134) | (9,893) |
Recognized | 9,389 | 8,876 |
Deferred tax assets recognized by UBS entities that incurred losses in either the current or preceding year based on projections of future taxable profits | 471 | 77 |
United States | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Recognized | 8,294 | 8,521 |
Other locations | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Recognized | 1,095 | 355 |
Tax loss carry-forwards | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 12,708 | 13,636 |
Valuation allowance | (8,720) | (9,193) |
Recognized | 3,988 | 4,443 |
Temporary differences | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 5,814 | 5,133 |
Valuation allowance | (414) | (700) |
Recognized | 5,400 | 4,433 |
of which: related to real estate costs capitalized for US tax purposes | Temporary differences | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 2,485 | 2,272 |
Valuation allowance | 0 | 0 |
Recognized | 2,485 | 2,272 |
of which: related to compensation and benefits | Temporary differences | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 1,194 | 1,222 |
Valuation allowance | (175) | (209) |
Recognized | 1,018 | 1,013 |
of which: related to cash flow hedges | Temporary differences | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 947 | 3 |
Valuation allowance | 0 | 0 |
Recognized | 947 | 3 |
of which: other | Temporary differences | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 1,188 | 1,636 |
Valuation allowance | (238) | (491) |
Recognized | 950 | 1,145 |
UBS AG | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 18,482 | 18,728 |
Valuation allowance | (9,128) | (9,889) |
Recognized | 9,354 | 8,839 |
Deferred tax assets recognized by UBS entities that incurred losses in either the current or preceding year based on projections of future taxable profits | 471 | 77 |
UBS AG | United States | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Recognized | 8,294 | 8,521 |
UBS AG | Other locations | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Recognized | 1,060 | 318 |
UBS AG | Tax loss carry-forwards | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 12,708 | 13,636 |
Valuation allowance | (8,720) | (9,193) |
Recognized | 3,988 | 4,443 |
UBS AG | Temporary differences | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 5,774 | 5,092 |
Valuation allowance | (408) | (696) |
Recognized | 5,365 | 4,396 |
UBS AG | of which: related to real estate costs capitalized for US tax purposes | Temporary differences | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 2,485 | 2,272 |
Valuation allowance | 0 | 0 |
Recognized | 2,485 | 2,272 |
UBS AG | of which: related to compensation and benefits | Temporary differences | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 1,169 | 1,200 |
Valuation allowance | (175) | (209) |
Recognized | 993 | 991 |
UBS AG | of which: related to cash flow hedges | Temporary differences | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 947 | 3 |
Valuation allowance | 0 | 0 |
Recognized | 947 | 3 |
UBS AG | of which: other | Temporary differences | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Gross | 1,173 | 1,620 |
Valuation allowance | (233) | (487) |
Recognized | $ 940 | $ 1,133 |
Income taxes - DTL (Detail 3.2)
Income taxes - DTL (Detail 3.2) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Cash flow hedges | $ 0 | $ 118 |
Other | 236 | 183 |
Total deferred tax liabilities | 236 | 300 |
UBS AG | ||
Disclosure Of Temporary Difference Unused Tax Losses And Unused Tax Credits [Table] | ||
Cash flow hedges | 0 | 118 |
Other | 233 | 179 |
Total deferred tax liabilities | $ 233 | $ 297 |
Income taxes (Detail 4)
Income taxes (Detail 4) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | $ 32,091 | $ 34,690 |
United States | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 13,350 | 14,870 |
UK | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 14,332 | 14,909 |
Other locations | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 4,409 | 4,911 |
Within 1 year | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 231 | 141 |
From 2 to 5 years | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 2,184 | 1,026 |
From 6 to 10 years | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 11,106 | 13,283 |
From 11 to 20 years | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 1,610 | 2,093 |
No expiry | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 16,960 | 18,147 |
UBS AG | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 32,091 | 34,690 |
UBS AG | United States | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 13,350 | 14,870 |
UBS AG | UK | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 14,332 | 14,909 |
UBS AG | Other locations | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 4,409 | 4,911 |
UBS AG | Within 1 year | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 231 | 141 |
UBS AG | From 2 to 5 years | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 2,184 | 1,026 |
UBS AG | From 6 to 10 years | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 11,106 | 13,283 |
UBS AG | From 11 to 20 years | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | 1,610 | 2,093 |
UBS AG | No expiry | ||
Unrecognized Tax Loss Carry Forwards [Table] | ||
Unrecognized tax losses carried forward for which no deferred tax asset recognised | $ 16,960 | $ 18,147 |
Expected credit loss measurem_3
Expected credit loss measurement - On-balance sheet financial assets subject to ECL (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | $ (1,091) | $ (1,165) | $ (1,468) |
Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 729,807 | 746,638 | |
Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 727,568 | 737,794 | |
Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 169,445 | 192,817 | |
Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 14,792 | 15,480 | |
Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 67,814 | 75,012 | |
Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 35,032 | 30,514 | |
Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 387,220 | 397,761 | |
Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 156,930 | 152,479 | |
Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 46,470 | 43,945 | |
Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 12,226 | 13,990 | |
Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 13,903 | 14,004 | |
Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 132,287 | 149,283 | |
Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,834 | 1,716 | |
Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,272 | 3,813 | |
Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 53,264 | 26,209 | |
Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,611 | 2,453 | |
Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,239 | 8,844 | |
Twelve-month expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (259) | (282) | (306) |
Twelve-month expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 712,078 | 728,923 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 709,839 | 720,079 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 169,402 | 192,817 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 14,792 | 15,453 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 67,814 | 75,012 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 35,032 | 30,514 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 370,095 | 380,564 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 147,651 | 143,505 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 43,112 | 40,463 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 10,733 | 12,643 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 12,211 | 12,076 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 132,196 | 149,255 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,420 | 1,345 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,261 | 3,799 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 52,704 | 25,718 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,357 | 2,184 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,239 | 8,844 | |
Lifetime expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (267) | (220) | (333) |
Lifetime expected credit losses | Positions that are not credit impaired | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (107) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (23) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (65) | ||
Lifetime expected credit losses | Positions that are not credit impaired | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (37) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (12) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 16,044 | 15,948 | |
Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 16,044 | 15,948 | |
Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 44 | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1 | 26 | |
Lifetime expected credit losses | Positions that are not credit impaired | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 15,587 | 15,620 | |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 8,579 | 8,262 | |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,349 | 3,472 | |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,189 | 1,037 | |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,342 | 1,492 | |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 382 | 342 | |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 7 | |
Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 413 | 302 | |
Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 128 | 106 | |
Lifetime expected credit losses | Positions that are not credit impaired | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (564) | (662) | (829) |
Lifetime expected credit losses | Credit-impaired positions | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,685 | 1,767 | |
Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,685 | 1,767 | |
Lifetime expected credit losses | Credit-impaired positions | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 1 | |
Lifetime expected credit losses | Credit-impaired positions | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,538 | 1,577 | |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 699 | 711 | |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 9 | 9 | |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 303 | 310 | |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 351 | 436 | |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 91 | 27 | |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 31 | 29 | |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 11 | 7 | |
Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 147 | 189 | |
Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 126 | 163 | |
Lifetime expected credit losses | Credit-impaired positions | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Gross carrying amount | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 730,696 | 747,606 | |
Gross carrying amount | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 728,457 | 738,762 | |
Gross carrying amount | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 169,457 | 192,817 | |
Gross carrying amount | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 14,798 | 15,488 | |
Gross carrying amount | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 67,816 | 75,014 | |
Gross carrying amount | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 35,033 | 30,514 | |
Gross carrying amount | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 388,003 | 398,611 | |
Gross carrying amount | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 157,091 | 152,610 | |
Gross carrying amount | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 46,511 | 44,004 | |
Gross carrying amount | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 12,356 | 14,161 | |
Gross carrying amount | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 14,154 | 14,263 | |
Gross carrying amount | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 132,313 | 149,316 | |
Gross carrying amount | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,869 | 1,752 | |
Gross carrying amount | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,367 | 3,927 | |
Gross carrying amount | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 53,350 | 26,318 | |
Gross carrying amount | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,670 | 2,539 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 169,402 | 192,817 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 14,797 | 15,460 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 67,816 | 75,014 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 35,033 | 30,514 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 370,224 | 380,690 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 147,678 | 143,533 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 43,129 | 40,483 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 10,757 | 12,665 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 12,237 | 12,095 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 132,205 | 149,261 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,427 | 1,355 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,266 | 3,805 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 52,721 | 25,745 | |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,364 | 2,203 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 56 | ||
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1 | 27 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 15,767 | 15,773 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 8,686 | 8,333 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,372 | 3,512 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,204 | 1,053 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,364 | 1,507 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 393 | 351 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 7 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 419 | 309 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 130 | 109 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 1 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,012 | 2,148 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 727 | 744 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 9 | 10 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 395 | 443 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 553 | 661 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 108 | 55 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 50 | 46 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 101 | 115 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 210 | 264 | |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 176 | 226 | |
Allowance for expected credit loss | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (889) | (969) | |
Allowance for expected credit loss | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (889) | (969) | |
Allowance for expected credit loss | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (12) | 0 | |
Allowance for expected credit loss | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (6) | (8) | |
Allowance for expected credit loss | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (2) | (2) | |
Allowance for expected credit loss | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (783) | (850) | |
Allowance for expected credit loss | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (161) | (132) | |
Allowance for expected credit loss | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (41) | (60) | |
Allowance for expected credit loss | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (130) | (170) | |
Allowance for expected credit loss | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (251) | (259) | |
Allowance for expected credit loss | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (26) | (33) | |
Allowance for expected credit loss | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (36) | (36) | |
Allowance for expected credit loss | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (96) | (114) | |
Allowance for expected credit loss | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (86) | (109) | |
Allowance for expected credit loss | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (59) | (86) | |
Allowance for expected credit loss | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (154) | (161) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (154) | (161) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (5) | (7) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (2) | (2) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (129) | (126) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (27) | (28) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (17) | (19) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (24) | (22) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (26) | (19) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (9) | (6) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (7) | (10) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (6) | (6) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (17) | (27) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (7) | (19) | |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (199) | (160) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (199) | (160) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (12) | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (1) | (1) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (180) | (152) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (107) | (71) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (23) | (40) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (14) | (16) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (22) | (15) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (10) | (9) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (6) | (7) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (2) | (3) | |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (537) | (647) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (537) | (647) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (474) | (572) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (28) | (33) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (92) | (133) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (203) | (225) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (17) | (28) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (19) | (17) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (90) | (108) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (63) | (76) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (51) | (63) | |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (1,091) | (1,165) | (1,468) |
UBS AG | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 732,618 | 747,477 | |
UBS AG | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 730,379 | 738,632 | |
UBS AG | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 169,445 | 192,817 | |
UBS AG | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 14,671 | 15,360 | |
UBS AG | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 67,814 | 75,012 | |
UBS AG | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 35,033 | 30,514 | |
UBS AG | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 390,027 | 398,693 | |
UBS AG | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 156,930 | 152,479 | |
UBS AG | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 46,470 | 43,945 | |
UBS AG | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 12,226 | 13,990 | |
UBS AG | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 13,903 | 14,004 | |
UBS AG | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 132,287 | 149,283 | |
UBS AG | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,834 | 1,716 | |
UBS AG | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,272 | 3,813 | |
UBS AG | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 53,389 | 26,236 | |
UBS AG | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,611 | 2,453 | |
UBS AG | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,239 | 8,844 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (260) | (282) | (306) |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 714,889 | 729,762 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 712,651 | 720,917 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 169,402 | 192,817 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 14,670 | 15,333 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 67,814 | 75,012 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 35,033 | 30,514 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 372,903 | 381,496 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 147,651 | 143,505 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 43,112 | 40,463 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 10,733 | 12,643 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 12,211 | 12,076 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 132,196 | 149,255 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,420 | 1,345 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,261 | 3,799 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 52,829 | 25,746 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,357 | 2,184 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,239 | 8,844 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (267) | (220) | (333) |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (107) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (23) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (65) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (37) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (12) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 16,044 | 15,948 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 16,044 | 15,948 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 44 | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1 | 26 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 15,587 | 15,620 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 8,579 | 8,262 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,349 | 3,472 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,189 | 1,037 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,342 | 1,492 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 382 | 342 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 7 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 413 | 302 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 128 | 106 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (564) | (662) | $ (829) |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,685 | 1,767 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,685 | 1,767 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 1 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,538 | 1,577 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 699 | 711 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 9 | 9 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 303 | 310 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 351 | 436 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 91 | 27 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 31 | 29 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 11 | 7 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 147 | 189 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 126 | 163 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Gross carrying amount | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 733,508 | 748,445 | |
UBS AG | Gross carrying amount | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 731,269 | 739,601 | |
UBS AG | Gross carrying amount | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 169,457 | 192,817 | |
UBS AG | Gross carrying amount | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 14,676 | 15,368 | |
UBS AG | Gross carrying amount | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 67,816 | 75,014 | |
UBS AG | Gross carrying amount | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 35,034 | 30,514 | |
UBS AG | Gross carrying amount | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 390,810 | 399,543 | |
UBS AG | Gross carrying amount | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 157,091 | 152,610 | |
UBS AG | Gross carrying amount | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 46,511 | 44,004 | |
UBS AG | Gross carrying amount | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 12,356 | 14,161 | |
UBS AG | Gross carrying amount | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 14,154 | 14,263 | |
UBS AG | Gross carrying amount | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 132,313 | 149,316 | |
UBS AG | Gross carrying amount | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,869 | 1,752 | |
UBS AG | Gross carrying amount | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,367 | 3,927 | |
UBS AG | Gross carrying amount | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 53,475 | 26,346 | |
UBS AG | Gross carrying amount | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,670 | 2,539 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 169,402 | 192,817 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 14,675 | 15,340 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 67,816 | 75,014 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 35,034 | 30,514 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 373,032 | 381,622 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 147,678 | 143,533 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 43,129 | 40,483 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 10,757 | 12,665 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 12,237 | 12,095 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 132,205 | 149,261 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,427 | 1,355 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,266 | 3,805 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 52,846 | 25,772 | |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,364 | 2,203 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 56 | ||
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1 | 27 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 15,767 | 15,773 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 8,686 | 8,333 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 3,372 | 3,512 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,204 | 1,053 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 1,364 | 1,507 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 393 | 351 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 7 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 419 | 309 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 130 | 109 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 1 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 2,012 | 2,148 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 727 | 744 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 9 | 10 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 395 | 443 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 553 | 661 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 108 | 55 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 50 | 46 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 101 | 115 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 210 | 264 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 176 | 226 | |
UBS AG | Allowance for expected credit loss | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (890) | (969) | |
UBS AG | Allowance for expected credit loss | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (890) | (969) | |
UBS AG | Allowance for expected credit loss | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (12) | 0 | |
UBS AG | Allowance for expected credit loss | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (6) | (8) | |
UBS AG | Allowance for expected credit loss | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (2) | (2) | |
UBS AG | Allowance for expected credit loss | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (783) | (850) | |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (161) | (132) | |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (41) | (60) | |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (130) | (170) | |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (251) | (259) | |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (26) | (33) | |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (36) | (36) | |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (96) | (114) | |
UBS AG | Allowance for expected credit loss | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (86) | (109) | |
UBS AG | Allowance for expected credit loss | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (59) | (86) | |
UBS AG | Allowance for expected credit loss | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (154) | (161) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (154) | (161) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (5) | (7) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (2) | (2) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (129) | (126) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (27) | (28) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (17) | (19) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (24) | (22) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (26) | (19) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (9) | (6) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (7) | (10) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (6) | (6) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (17) | (27) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (7) | (19) | |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (199) | (160) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (199) | (160) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (12) | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (1) | (1) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (180) | (152) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (107) | (71) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (23) | (40) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (14) | (16) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (22) | (15) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (10) | (9) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (6) | (7) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (2) | (3) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total on-balance sheet financial assets in scope of ECL requirements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (537) | (647) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (537) | (647) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Cash and balances at central banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Repurchase agreements | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Cash collateral receivables on derivative instruments | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (474) | (572) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (28) | (33) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | 0 | 0 | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (92) | (133) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (203) | (225) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (17) | (28) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (19) | (17) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (90) | (108) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (63) | (76) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | (51) | (63) | |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Financial assets measured at fair value through other comprehensive income | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Financial assets | $ 0 | $ 0 |
Expected credit loss measurem_4
Expected credit loss measurement - Off-balance sheet financial assets subject to ECL (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure Of Provision Matrix [Table] | |||
Total exposure | $ 112,050 | $ 108,284 | |
ECL provision | (201) | (196) | |
Total ECL allowances and provisions | (1,091) | (1,165) | $ (1,468) |
Guarantees | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 22,167 | 20,972 | |
ECL provision | (48) | (41) | |
Guarantees | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 3,663 | 3,464 | |
ECL provision | (26) | (6) | |
Guarantees | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1,337 | 1,353 | |
ECL provision | (5) | (8) | |
Guarantees | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 11,833 | 9,575 | |
ECL provision | (12) | (17) | |
Guarantees | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,376 | 2,454 | |
ECL provision | (1) | (1) | |
Guarantees | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,121 | 3,137 | |
ECL provision | (1) | (1) | |
Irrevocable loan commitments | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 39,996 | 39,478 | |
ECL provision | (111) | (114) | |
Irrevocable loan commitments | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 23,611 | 23,922 | |
ECL provision | (93) | (100) | |
Forward starting reverse repurchase and securities borrowing agreements | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 3,801 | 1,444 | |
ECL provision | 0 | 0 | |
Committed unconditionally revocable credit lines | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 41,390 | 40,778 | |
ECL provision | (40) | (38) | |
Committed unconditionally revocable credit lines | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 8,711 | 7,328 | |
ECL provision | (6) | (5) | |
Committed unconditionally revocable credit lines | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,578 | 5,358 | |
ECL provision | (4) | (7) | |
Committed unconditionally revocable credit lines | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,723 | 5,160 | |
ECL provision | (19) | (15) | |
Committed unconditionally revocable credit lines | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 7,855 | 8,670 | |
ECL provision | 0 | 0 | |
Committed unconditionally revocable credit lines | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 9,390 | 9,466 | |
ECL provision | (7) | (6) | |
Committed unconditionally revocable credit lines | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 327 | 117 | |
ECL provision | 0 | 0 | |
Irrevocable committed prolongation of existing loans | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,696 | 5,611 | |
ECL provision | (2) | (3) | |
Twelve-month expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 105,258 | 101,971 | |
ECL provision | (106) | (121) | |
Total ECL allowances and provisions | (259) | (282) | (306) |
Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 19,805 | 19,695 | |
ECL provision | (13) | (18) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,883 | 2,567 | |
ECL provision | (2) | (3) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1,124 | 1,143 | |
ECL provision | (1) | (1) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 10,513 | 9,491 | |
ECL provision | (8) | (13) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,376 | 2,454 | |
ECL provision | 0 | 0 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,121 | 3,137 | |
ECL provision | (1) | (1) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 37,531 | 37,097 | |
ECL provision | (59) | (72) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 21,488 | 21,811 | |
ECL provision | (49) | (66) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Forward starting reverse repurchase and securities borrowing agreements | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 3,801 | 1,444 | |
ECL provision | 0 | 0 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 39,521 | 38,207 | |
ECL provision | (32) | (28) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 8,528 | 7,046 | |
ECL provision | (6) | (4) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,304 | 4,599 | |
ECL provision | (1) | (4) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,442 | 4,736 | |
ECL provision | (16) | (11) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 7,854 | 8,670 | |
ECL provision | 0 | 0 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 8,900 | 9,000 | |
ECL provision | (5) | (5) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 327 | 117 | |
ECL provision | 0 | 0 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Irrevocable committed prolongation of existing loans | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,600 | 5,527 | |
ECL provision | (2) | (3) | |
Lifetime expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 6,522 | 6,006 | |
ECL provision | (69) | (60) | |
Total ECL allowances and provisions | (267) | (220) | (333) |
Lifetime expected credit losses | Positions that are not credit impaired | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (23) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (65) | ||
Lifetime expected credit losses | Positions that are not credit impaired | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (37) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (17) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (12) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,254 | 1,127 | |
ECL provision | (9) | (8) | |
Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 721 | 793 | |
ECL provision | (3) | (3) | |
Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 164 | 164 | |
ECL provision | (1) | (1) | |
Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1,320 | 84 | |
ECL provision | (4) | (4) | |
Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,341 | 2,335 | |
ECL provision | (52) | (42) | |
Lifetime expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,024 | 2,102 | |
ECL provision | (45) | (34) | |
Lifetime expected credit losses | Positions that are not credit impaired | Forward starting reverse repurchase and securities borrowing agreements | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1,833 | 2,508 | |
ECL provision | (8) | (10) | |
Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 183 | 281 | |
ECL provision | 0 | (1) | |
Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 268 | 736 | |
ECL provision | (2) | (3) | |
Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 256 | 389 | |
ECL provision | (3) | (3) | |
Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 487 | 462 | |
ECL provision | (2) | (2) | |
Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Irrevocable committed prolongation of existing loans | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 94 | 36 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 270 | 307 | |
ECL provision | (26) | (15) | |
Total ECL allowances and provisions | (564) | (662) | (829) |
Lifetime expected credit losses | Credit-impaired positions | Guarantees | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 108 | 150 | |
ECL provision | (26) | (15) | |
Lifetime expected credit losses | Credit-impaired positions | Guarantees | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 58 | 104 | |
ECL provision | (21) | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Guarantees | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 49 | 46 | |
ECL provision | (3) | (7) | |
Lifetime expected credit losses | Credit-impaired positions | Guarantees | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Guarantees | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1 | 0 | |
ECL provision | (1) | (1) | |
Lifetime expected credit losses | Credit-impaired positions | Guarantees | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Irrevocable loan commitments | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 124 | 46 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Irrevocable loan commitments | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 99 | 9 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Forward starting reverse repurchase and securities borrowing agreements | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 36 | 63 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 5 | 23 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 26 | 35 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 3 | 4 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Irrevocable committed prolongation of existing loans | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2 | 48 | |
ECL provision | 0 | 0 | |
UBS AG | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 114,337 | 109,878 | |
ECL provision | (201) | (196) | |
Total ECL allowances and provisions | (1,091) | (1,165) | (1,468) |
UBS AG | Guarantees | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 22,167 | 20,972 | |
ECL provision | (48) | (41) | |
UBS AG | Guarantees | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 3,663 | 3,464 | |
ECL provision | (26) | (6) | |
UBS AG | Guarantees | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1,337 | 1,353 | |
ECL provision | (5) | (8) | |
UBS AG | Guarantees | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 11,833 | 9,575 | |
ECL provision | (12) | (17) | |
UBS AG | Guarantees | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,376 | 2,454 | |
ECL provision | (1) | (1) | |
UBS AG | Guarantees | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,121 | 3,137 | |
ECL provision | (1) | (1) | |
UBS AG | Irrevocable loan commitments | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 39,996 | 39,478 | |
ECL provision | (111) | (114) | |
UBS AG | Irrevocable loan commitments | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 23,611 | 23,922 | |
ECL provision | (93) | (100) | |
UBS AG | Forward starting reverse repurchase and securities borrowing agreements | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 3,801 | 1,444 | |
ECL provision | 0 | 0 | |
UBS AG | Committed unconditionally revocable credit lines | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 43,677 | 42,373 | |
ECL provision | (40) | (38) | |
UBS AG | Committed unconditionally revocable credit lines | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 8,711 | 7,328 | |
ECL provision | (6) | (5) | |
UBS AG | Committed unconditionally revocable credit lines | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,578 | 5,358 | |
ECL provision | (4) | (7) | |
UBS AG | Committed unconditionally revocable credit lines | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,723 | 5,160 | |
ECL provision | (19) | (15) | |
UBS AG | Committed unconditionally revocable credit lines | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 7,855 | 8,670 | |
ECL provision | 0 | 0 | |
UBS AG | Committed unconditionally revocable credit lines | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 9,390 | 9,466 | |
ECL provision | (7) | (6) | |
UBS AG | Committed unconditionally revocable credit lines | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 327 | 117 | |
ECL provision | 0 | 0 | |
UBS AG | Irrevocable committed prolongation of existing loans | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,696 | 5,611 | |
ECL provision | (2) | (3) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 107,545 | 103,565 | |
ECL provision | (106) | (121) | |
Total ECL allowances and provisions | (260) | (282) | (306) |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 19,805 | 19,695 | |
ECL provision | (13) | (18) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,883 | 2,567 | |
ECL provision | (2) | (3) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1,124 | 1,143 | |
ECL provision | (1) | (1) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 10,513 | 9,491 | |
ECL provision | (8) | (13) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,376 | 2,454 | |
ECL provision | 0 | 0 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,121 | 3,137 | |
ECL provision | (1) | (1) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 37,531 | 37,097 | |
ECL provision | (59) | (72) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 21,488 | 21,811 | |
ECL provision | (49) | (66) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Forward starting reverse repurchase and securities borrowing agreements | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 3,801 | 1,444 | |
ECL provision | 0 | 0 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 41,809 | 39,802 | |
ECL provision | (32) | (28) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 8,528 | 7,046 | |
ECL provision | (6) | (4) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,304 | 4,599 | |
ECL provision | (1) | (4) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,442 | 4,736 | |
ECL provision | (16) | (11) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 7,854 | 8,670 | |
ECL provision | 0 | 0 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 8,900 | 9,000 | |
ECL provision | (5) | (5) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 327 | 117 | |
ECL provision | 0 | 0 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Irrevocable committed prolongation of existing loans | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 4,600 | 5,527 | |
ECL provision | (2) | (3) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 6,522 | 6,006 | |
ECL provision | (69) | (60) | |
Total ECL allowances and provisions | (267) | (220) | (333) |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (23) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (65) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (37) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (17) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (12) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,254 | 1,127 | |
ECL provision | (9) | (8) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 721 | 793 | |
ECL provision | (3) | (3) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 164 | 164 | |
ECL provision | (1) | (1) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1,320 | 84 | |
ECL provision | (4) | (4) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,341 | 2,335 | |
ECL provision | (52) | (42) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2,024 | 2,102 | |
ECL provision | (45) | (34) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Forward starting reverse repurchase and securities borrowing agreements | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1,833 | 2,508 | |
ECL provision | (8) | (10) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 183 | 281 | |
ECL provision | 0 | (1) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 268 | 736 | |
ECL provision | (2) | (3) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 256 | 389 | |
ECL provision | (3) | (3) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 487 | 462 | |
ECL provision | (2) | (2) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Irrevocable committed prolongation of existing loans | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 94 | 36 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 270 | 307 | |
ECL provision | (26) | (15) | |
Total ECL allowances and provisions | (564) | (662) | $ (829) |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Guarantees | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 108 | 150 | |
ECL provision | (26) | (15) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Guarantees | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 58 | 104 | |
ECL provision | (21) | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Guarantees | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 49 | 46 | |
ECL provision | (3) | (7) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Guarantees | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Guarantees | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1 | 0 | |
ECL provision | (1) | (1) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Guarantees | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Irrevocable loan commitments | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 124 | 46 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Irrevocable loan commitments | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 99 | 9 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Forward starting reverse repurchase and securities borrowing agreements | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 36 | 63 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 5 | 23 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 26 | 35 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | Lombard | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 1 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 3 | 4 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | Commodity trade finance | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 0 | 0 | |
ECL provision | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Irrevocable committed prolongation of existing loans | |||
Disclosure Of Provision Matrix [Table] | |||
Total exposure | 2 | 48 | |
ECL provision | $ 0 | $ 0 |
Expected credit loss measurem_5
Expected credit loss measurement - Coverage ratios (Detail 1) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Credit Risk Exposure [Table] | ||
Total on- and off-balance sheet | $ 498,921 | $ 507,990 |
ECL coverage | 0.21% | 0.22% |
Increase decrease in ECL coverage | (0.01%) | |
Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 729,807 | $ 746,638 |
Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 727,568 | 737,794 |
Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 387,220 | 397,761 |
Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 156,930 | 152,479 |
Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 46,470 | 43,945 |
Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 12,226 | 13,990 |
Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 13,903 | 14,004 |
Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 132,287 | 149,283 |
Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,834 | 1,716 |
Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,272 | 3,813 |
Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 53,264 | 26,209 |
Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 2,611 | $ 2,453 |
Positions that are not credit impaired | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.10% | 0.10% |
Twelve-month expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Total on- and off-balance sheet | $ 474,045 | $ 483,420 |
ECL coverage | 0.05% | 0.06% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 712,078 | $ 728,923 |
Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 709,839 | 720,079 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 370,095 | 380,564 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 147,651 | 143,505 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 43,112 | 40,463 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 10,733 | 12,643 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 12,211 | 12,076 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 132,196 | 149,255 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,420 | 1,345 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,261 | 3,799 |
Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 52,704 | 25,718 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,357 | 2,184 |
Lifetime expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Total on- and off-balance sheet | $ 22,418 | $ 21,888 |
ECL coverage | 1.12% | 0.99% |
Lifetime expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 16,044 | $ 15,948 |
Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 16,044 | 15,948 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 15,587 | 15,620 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 8,579 | 8,262 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,349 | 3,472 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,189 | 1,037 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,342 | 1,492 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 382 | 342 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 0 | 7 |
Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 413 | 302 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 128 | 106 |
Lifetime expected credit losses | Credit-impaired positions | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Total on- and off-balance sheet | $ 2,458 | $ 2,681 |
ECL coverage | 22.42% | 24.23% |
Increase decrease in ECL coverage | (2.00%) | |
Lifetime expected credit losses | Credit-impaired positions | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 1,685 | $ 1,767 |
Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,685 | 1,767 |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,538 | 1,577 |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 699 | 711 |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 9 | 9 |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 303 | 310 |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 351 | 436 |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 91 | 27 |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 31 | 29 |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 11 | 7 |
Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 147 | 189 |
Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 126 | 163 |
Gross carrying amount | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 730,696 | 747,606 |
Gross carrying amount | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 728,457 | 738,762 |
Gross carrying amount | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 388,003 | 398,611 |
Gross carrying amount | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 157,091 | 152,610 |
Gross carrying amount | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 46,511 | 44,004 |
Gross carrying amount | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 12,356 | 14,161 |
Gross carrying amount | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 14,154 | 14,263 |
Gross carrying amount | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 132,313 | 149,316 |
Gross carrying amount | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,869 | 1,752 |
Gross carrying amount | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,367 | 3,927 |
Gross carrying amount | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 20,342 | 18,578 |
Gross carrying amount | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 53,350 | 26,318 |
Gross carrying amount | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,670 | 2,539 |
Gross carrying amount | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 390,672 | 401,150 |
Gross carrying amount | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 203,602 | 196,615 |
Gross carrying amount | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 26,510 | 28,424 |
Gross carrying amount | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 160,561 | 176,111 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 370,224 | 380,690 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 147,678 | 143,533 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 43,129 | 40,483 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 10,757 | 12,665 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 12,237 | 12,095 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 132,205 | 149,261 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,427 | 1,355 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,266 | 3,805 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 19,525 | 17,493 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 52,721 | 25,745 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,364 | 2,203 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 372,588 | 382,893 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 190,807 | 184,016 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 22,994 | 24,760 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 158,787 | 174,117 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 15,767 | 15,773 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 8,686 | 8,333 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,372 | 3,512 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,204 | 1,053 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,364 | 1,507 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 393 | 351 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 0 | 7 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 748 | 1,010 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 419 | 309 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 130 | 109 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 15,896 | 15,882 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 12,059 | 11,845 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,567 | 2,560 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,270 | 1,477 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,012 | 2,148 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 727 | 744 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 9 | 10 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 395 | 443 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 553 | 661 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 108 | 55 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 50 | 46 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 101 | 115 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 68 | 75 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 210 | 264 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 176 | 226 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,188 | 2,374 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 736 | 754 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 949 | 1,104 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 503 | 517 |
Allowance for expected credit loss | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (889) | (969) |
Allowance for expected credit loss | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (889) | (969) |
Allowance for expected credit loss | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (783) | (850) |
Allowance for expected credit loss | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (161) | $ (132) |
ECL coverage | 0.10% | 0.09% |
Allowance for expected credit loss | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (41) | $ (60) |
ECL coverage | 0.09% | 0.14% |
Allowance for expected credit loss | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (130) | $ (170) |
ECL coverage | 1.05% | 1.20% |
Allowance for expected credit loss | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (251) | $ (259) |
ECL coverage | 1.77% | 1.82% |
Allowance for expected credit loss | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (26) | $ (33) |
ECL coverage | 0.02% | 0.02% |
Allowance for expected credit loss | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (36) | $ (36) |
ECL coverage | 1.90% | 2.04% |
Allowance for expected credit loss | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (96) | $ (114) |
ECL coverage | 2.85% | 2.90% |
Allowance for expected credit loss | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.21% | 0.25% |
Allowance for expected credit loss | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (86) | $ (109) |
Allowance for expected credit loss | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (59) | $ (86) |
ECL coverage | 2.21% | 3.38% |
Allowance for expected credit loss | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.22% | 0.23% |
Allowance for expected credit loss | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.10% | 0.10% |
Allowance for expected credit loss | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 1.44% | 1.51% |
Allowance for expected credit loss | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.16% | 0.18% |
Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.09% | 0.06% |
Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.09% | 0.14% |
Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.32% | 0.28% |
Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.36% | 0.25% |
Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.01% | 0% |
Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.91% | 1.09% |
Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.18% | 0.15% |
Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.08% | 0.10% |
Allowance for expected credit loss | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.33% | 0.99% |
Allowance for expected credit loss | Positions that are not credit impaired | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.08% | 0.08% |
Allowance for expected credit loss | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.09% | 0.08% |
Allowance for expected credit loss | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.34% | 0.26% |
Allowance for expected credit loss | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.04% | 0.04% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (154) | $ (161) |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (154) | (161) |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (129) | (126) |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (27) | $ (28) |
ECL coverage | 0.02% | 0.02% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (17) | $ (19) |
ECL coverage | 0.04% | 0.05% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (24) | $ (22) |
ECL coverage | 0.22% | 0.18% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (26) | $ (19) |
ECL coverage | 0.22% | 0.16% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (9) | $ (6) |
ECL coverage | 0.01% | 0% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (7) | $ (10) |
ECL coverage | 0.46% | 0.72% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (6) | $ (6) |
ECL coverage | 0.18% | 0.15% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.07% | 0.09% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (17) | $ (27) |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (7) | $ (19) |
ECL coverage | 0.28% | 0.88% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.04% | 0.04% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.02% | 0.03% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.22% | 0.17% |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.03% | 0.03% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (199) | $ (160) |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (199) | (160) |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (180) | (152) |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (107) | $ (71) |
ECL coverage | 1.23% | 0.85% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (23) | $ (40) |
ECL coverage | 0.70% | 1.14% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (14) | $ (16) |
ECL coverage | 1.20% | 1.48% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (22) | $ (15) |
ECL coverage | 1.61% | 1.03% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (10) | $ (9) |
ECL coverage | 2.56% | 2.55% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 0 | $ 0 |
ECL coverage | 0% | 0.03% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.38% | 0.15% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (6) | $ (7) |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (2) | $ (3) |
ECL coverage | 1.24% | 3.03% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 1.14% | 0.98% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 1.08% | 0.94% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 1.42% | 1.21% |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 1.14% | 0.93% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (537) | $ (647) |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (537) | (647) |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (474) | (572) |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (28) | $ (33) |
ECL coverage | 3.81% | 4.46% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 0 | $ 0 |
ECL coverage | 2.32% | 2.31% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (92) | $ (133) |
ECL coverage | 23.25% | 29.97% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (203) | $ (225) |
ECL coverage | 36.64% | 34.02% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (17) | $ (28) |
ECL coverage | 15.80% | 50.26% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (19) | $ (17) |
ECL coverage | 37.79% | 37.35% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (90) | $ (108) |
ECL coverage | 89.01% | 93.88% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 37.69% | 37.30% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (63) | $ (76) |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (51) | $ (63) |
ECL coverage | 28.70% | 27.91% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 23.98% | 26.73% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 3.79% | 4.43% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 31.06% | 32.40% |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 40.16% | 47.18% |
UBS AG | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Total on- and off-balance sheet | $ 504,016 | $ 510,516 |
ECL coverage | 0.21% | 0.22% |
Increase decrease in ECL coverage | (0.01%) | |
UBS AG | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 732,618 | $ 747,477 |
UBS AG | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 730,379 | 738,632 |
UBS AG | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 390,027 | 398,693 |
UBS AG | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 156,930 | 152,479 |
UBS AG | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 46,470 | 43,945 |
UBS AG | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 12,226 | 13,990 |
UBS AG | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 13,903 | 14,004 |
UBS AG | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 132,287 | 149,283 |
UBS AG | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,834 | 1,716 |
UBS AG | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,272 | 3,813 |
UBS AG | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 53,389 | 26,236 |
UBS AG | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 2,611 | $ 2,453 |
UBS AG | Positions that are not credit impaired | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.10% | 0.09% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Total on- and off-balance sheet | $ 479,140 | $ 485,946 |
ECL coverage | 0.05% | 0.05% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 714,889 | $ 729,762 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 712,651 | 720,917 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 372,903 | 381,496 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 147,651 | 143,505 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 43,112 | 40,463 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 10,733 | 12,643 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 12,211 | 12,076 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 132,196 | 149,255 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,420 | 1,345 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,261 | 3,799 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 52,829 | 25,746 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,357 | 2,184 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Total on- and off-balance sheet | $ 22,418 | $ 21,888 |
ECL coverage | 1.12% | 0.99% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 16,044 | $ 15,948 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 16,044 | 15,948 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 15,587 | 15,620 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 8,579 | 8,262 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,349 | 3,472 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,189 | 1,037 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,342 | 1,492 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 382 | 342 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 0 | 7 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 413 | 302 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 128 | 106 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Total on- and off-balance sheet | $ 2,458 | $ 2,681 |
ECL coverage | 22.42% | 24.23% |
Increase decrease in ECL coverage | (2.00%) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 1,685 | $ 1,767 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,685 | 1,767 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,538 | 1,577 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 699 | 711 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 9 | 9 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 303 | 310 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 351 | 436 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 91 | 27 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 31 | 29 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 11 | 7 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 147 | 189 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 126 | 163 |
UBS AG | Gross carrying amount | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 733,508 | 748,445 |
UBS AG | Gross carrying amount | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 731,269 | 739,601 |
UBS AG | Gross carrying amount | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 390,810 | 399,543 |
UBS AG | Gross carrying amount | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 157,091 | 152,610 |
UBS AG | Gross carrying amount | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 46,511 | 44,004 |
UBS AG | Gross carrying amount | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 12,356 | 14,161 |
UBS AG | Gross carrying amount | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 14,154 | 14,263 |
UBS AG | Gross carrying amount | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 132,313 | 149,316 |
UBS AG | Gross carrying amount | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,869 | 1,752 |
UBS AG | Gross carrying amount | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,367 | 3,927 |
UBS AG | Gross carrying amount | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 23,149 | 19,510 |
UBS AG | Gross carrying amount | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 53,475 | 26,346 |
UBS AG | Gross carrying amount | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,670 | 2,539 |
UBS AG | Gross carrying amount | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 393,480 | 402,081 |
UBS AG | Gross carrying amount | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 203,602 | 196,615 |
UBS AG | Gross carrying amount | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 26,510 | 28,424 |
UBS AG | Gross carrying amount | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 163,368 | 177,043 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 373,032 | 381,622 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 147,678 | 143,533 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 43,129 | 40,483 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 10,757 | 12,665 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 12,237 | 12,095 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 132,205 | 149,261 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,427 | 1,355 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,266 | 3,805 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 22,333 | 18,425 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 52,846 | 25,772 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,364 | 2,203 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 375,396 | 383,825 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 190,807 | 184,016 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 22,994 | 24,760 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 161,595 | 175,049 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 15,767 | 15,773 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 8,686 | 8,333 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 3,372 | 3,512 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,204 | 1,053 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,364 | 1,507 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 393 | 351 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 0 | 7 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 748 | 1,010 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 419 | 309 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 130 | 109 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 15,896 | 15,882 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 12,059 | 11,845 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,567 | 2,560 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 1,270 | 1,477 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,012 | 2,148 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 727 | 744 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 9 | 10 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 395 | 443 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 553 | 661 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 108 | 55 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 50 | 46 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 101 | 115 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 68 | 75 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 210 | 264 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 176 | 226 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 2,188 | 2,374 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 736 | 754 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 949 | 1,104 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | 503 | 517 |
UBS AG | Allowance for expected credit loss | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (890) | (969) |
UBS AG | Allowance for expected credit loss | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (890) | (969) |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (783) | (850) |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (161) | $ (132) |
ECL coverage | 0.10% | 0.09% |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (41) | $ (60) |
ECL coverage | 0.09% | 0.14% |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (130) | $ (170) |
ECL coverage | 1.05% | 1.20% |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (251) | $ (259) |
ECL coverage | 1.77% | 1.82% |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (26) | $ (33) |
ECL coverage | 0.02% | 0.02% |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (36) | $ (36) |
ECL coverage | 1.90% | 2.04% |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (96) | $ (114) |
ECL coverage | 2.85% | 2.90% |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.18% | 0.23% |
UBS AG | Allowance for expected credit loss | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (86) | $ (109) |
UBS AG | Allowance for expected credit loss | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (59) | $ (86) |
ECL coverage | 2.21% | 3.38% |
UBS AG | Allowance for expected credit loss | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.21% | 0.23% |
UBS AG | Allowance for expected credit loss | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.10% | 0.10% |
UBS AG | Allowance for expected credit loss | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 1.44% | 1.51% |
UBS AG | Allowance for expected credit loss | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.16% | 0.18% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.09% | 0.06% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.09% | 0.14% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.32% | 0.28% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.36% | 0.25% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.01% | 0% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.91% | 1.09% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.18% | 0.15% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.07% | 0.09% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.33% | 0.99% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.08% | 0.08% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.09% | 0.08% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.34% | 0.26% |
UBS AG | Allowance for expected credit loss | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.03% | 0.04% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (154) | $ (161) |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (154) | (161) |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (129) | (126) |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (27) | $ (28) |
ECL coverage | 0.02% | 0.02% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (17) | $ (19) |
ECL coverage | 0.04% | 0.05% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (24) | $ (22) |
ECL coverage | 0.22% | 0.18% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (26) | $ (19) |
ECL coverage | 0.22% | 0.16% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (9) | $ (6) |
ECL coverage | 0.01% | 0% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (7) | $ (10) |
ECL coverage | 0.46% | 0.72% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (6) | $ (6) |
ECL coverage | 0.18% | 0.15% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.06% | 0.09% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (17) | $ (27) |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (7) | $ (19) |
ECL coverage | 0.28% | 0.88% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.04% | 0.04% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.02% | 0.03% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.22% | 0.17% |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.03% | 0.03% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (199) | $ (160) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (199) | (160) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (180) | (152) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (107) | $ (71) |
ECL coverage | 1.23% | 0.85% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (23) | $ (40) |
ECL coverage | 0.70% | 1.14% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (14) | $ (16) |
ECL coverage | 1.20% | 1.48% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (22) | $ (15) |
ECL coverage | 1.61% | 1.03% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (10) | $ (9) |
ECL coverage | 2.56% | 2.55% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 0 | $ 0 |
ECL coverage | 0% | 0.03% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 0.38% | 0.15% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (6) | $ (7) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (2) | $ (3) |
ECL coverage | 1.24% | 3.03% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 1.14% | 0.98% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 1.08% | 0.94% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 1.42% | 1.21% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 1.14% | 0.93% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total on-balance sheet financial assets in scope of ECL requirements | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (537) | $ (647) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (537) | (647) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | (474) | (572) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Private clients with mortgages | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (28) | $ (33) |
ECL coverage | 3.81% | 4.46% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Real estate financing | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ 0 | $ 0 |
ECL coverage | 2.32% | 2.31% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Large corporate clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (92) | $ (133) |
ECL coverage | 23.25% | 29.97% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | SME clients | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (203) | $ (225) |
ECL coverage | 36.64% | 34.02% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Lombard | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (17) | $ (28) |
ECL coverage | 15.80% | 50.26% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Credit cards | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (19) | $ (17) |
ECL coverage | 37.79% | 37.35% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Commodity trade finance | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (90) | $ (108) |
ECL coverage | 89.01% | 93.88% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | Other loans and advances to customers | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 37.69% | 37.30% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (63) | $ (76) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans to financial advisors | ||
Disclosure Of Credit Risk Exposure [Table] | ||
Financial assets | $ (51) | $ (63) |
ECL coverage | 28.70% | 27.91% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 23.98% | 26.73% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total | Total real estate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 3.79% | 4.43% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total | Total corporate lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 31.06% | 32.40% |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total | Total other lending | ||
Disclosure Of Credit Risk Exposure [Table] | ||
ECL coverage | 40.16% | 47.18% |
Expected credit loss measurem_6
Expected credit loss measurement - Coverage ratios (Detail 2) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 112,050 | $ 108,284 |
Total on- and off-balance sheet | $ 498,921 | $ 507,990 |
ECL coverage | 0.21% | 0.22% |
Increase decrease in ECL coverage | (0.01%) | |
Total | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 108,249 | $ 106,840 |
ECL coverage | 0.19% | 0.18% |
Total | Private clients with mortgages | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 6,535 | $ 9,123 |
ECL coverage | 0.05% | 0.03% |
Total | Real estate financing | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 10,054 | $ 8,766 |
ECL coverage | 0.06% | 0.09% |
Total | Total real estate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 16,589 | $ 17,889 |
ECL coverage | 0.06% | 0.06% |
Total | Large corporate clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 32,126 | $ 32,748 |
ECL coverage | 0.38% | 0.34% |
Total | Total corporate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 39,247 | $ 8,077 |
ECL coverage | 0.40% | 0.38% |
Total | SME clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 7,122 | $ 40,826 |
ECL coverage | 0.47% | 0.35% |
Total | Lombard | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 12,919 | $ 14,438 |
ECL coverage | 0.02% | 0.01% |
Total | Credit cards | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 9,390 | $ 9,466 |
ECL coverage | 0.07% | 0.07% |
Total | Commodity trade finance | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 2,459 | $ 3,262 |
ECL coverage | 0.03% | 0.04% |
Total | Financial intermediaries and hedge funds | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 15,841 | $ 12,153 |
ECL coverage | 0.09% | 0.15% |
Total | Other off-balance sheet commitments | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 11,803 | $ 8,806 |
ECL coverage | 0.11% | 0.15% |
Total | Total other lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 52,412 | $ 48,126 |
ECL coverage | 0.07% | 0.09% |
Positions that are not credit impaired | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.10% | 0.10% |
Positions that are not credit impaired | Total | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.16% | 0.17% |
Positions that are not credit impaired | Total | Private clients with mortgages | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.04% | 0.03% |
Positions that are not credit impaired | Total | Real estate financing | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.06% | 0.09% |
Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.06% | 0.06% |
Positions that are not credit impaired | Total | Large corporate clients | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.32% | 0.35% |
Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.34% | 0.30% |
Positions that are not credit impaired | Total | SME clients | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.43% | 0.34% |
Positions that are not credit impaired | Total | Lombard | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.01% | 0% |
Positions that are not credit impaired | Total | Credit cards | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.07% | 0.07% |
Positions that are not credit impaired | Total | Commodity trade finance | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.03% | 0.04% |
Positions that are not credit impaired | Total | Financial intermediaries and hedge funds | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.09% | 0.15% |
Positions that are not credit impaired | Total | Other off-balance sheet commitments | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.09% | 0.07% |
Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.06% | 0.07% |
Twelve-month expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 105,258 | $ 101,971 |
Total on- and off-balance sheet | $ 474,045 | $ 483,420 |
ECL coverage | 0.05% | 0.06% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 101,457 | $ 100,527 |
ECL coverage | 0.10% | 0.12% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Private clients with mortgages | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 6,296 | $ 8,798 |
ECL coverage | 0.04% | 0.03% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Real estate financing | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 9,779 | $ 8,481 |
ECL coverage | 0.07% | 0.07% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 16,075 | $ 17,278 |
ECL coverage | 0.06% | 0.05% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Large corporate clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 28,950 | $ 28,981 |
ECL coverage | 0.18% | 0.25% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 35,475 | $ 7,276 |
ECL coverage | 0.20% | 0.19% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | SME clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 6,525 | $ 36,258 |
ECL coverage | 0.30% | 0.24% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Lombard | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 12,918 | $ 14,438 |
ECL coverage | 0.01% | 0% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Credit cards | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 8,900 | $ 9,000 |
ECL coverage | 0.05% | 0.05% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Commodity trade finance | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 2,459 | $ 3,262 |
ECL coverage | 0.03% | 0.04% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Financial intermediaries and hedge funds | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 14,177 | $ 11,784 |
ECL coverage | 0.07% | 0.12% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Other off-balance sheet commitments | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 11,454 | $ 8,507 |
ECL coverage | 0.08% | 0.06% |
Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 49,907 | $ 46,991 |
ECL coverage | 0.05% | 0.05% |
Lifetime expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 6,522 | $ 6,006 |
Total on- and off-balance sheet | $ 22,418 | $ 21,888 |
ECL coverage | 1.12% | 0.99% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 6,522 | $ 6,006 |
ECL coverage | 1.06% | 1% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Private clients with mortgages | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 236 | $ 276 |
ECL coverage | 0.18% | 0.09% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Real estate financing | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 275 | $ 285 |
ECL coverage | 0% | 0.88% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 511 | $ 562 |
ECL coverage | 0.02% | 0.49% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Large corporate clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3,013 | $ 3,630 |
ECL coverage | 1.65% | 1.10% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3,513 | $ 688 |
ECL coverage | 1.72% | 1.51% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | SME clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 499 | $ 4,318 |
ECL coverage | 2.14% | 1.17% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Lombard | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Credit cards | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 487 | $ 462 |
ECL coverage | 0.36% | 0.34% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Commodity trade finance | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Financial intermediaries and hedge funds | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 1,664 | $ 369 |
ECL coverage | 0.25% | 1.20% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Other off-balance sheet commitments | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 346 | $ 296 |
ECL coverage | 0.68% | 0.30% |
Lifetime expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 2,498 | $ 1,127 |
ECL coverage | 0.33% | 0.61% |
Lifetime expected credit losses | Credit-impaired positions | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 270 | $ 307 |
Total on- and off-balance sheet | $ 2,458 | $ 2,681 |
ECL coverage | 22.42% | 24.23% |
Increase decrease in ECL coverage | (2.00%) | |
Lifetime expected credit losses | Credit-impaired positions | Total | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 270 | $ 307 |
ECL coverage | 9.80% | 4.86% |
Lifetime expected credit losses | Credit-impaired positions | Total | Private clients with mortgages | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3 | $ 49 |
ECL coverage | 11.83% | 0.15% |
Lifetime expected credit losses | Credit-impaired positions | Total | Real estate financing | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
Lifetime expected credit losses | Credit-impaired positions | Total | Total real estate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3 | $ 49 |
ECL coverage | 12.88% | 0.15% |
Lifetime expected credit losses | Credit-impaired positions | Total | Large corporate clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 163 | $ 136 |
ECL coverage | 12.63% | 0.01% |
Lifetime expected credit losses | Credit-impaired positions | Total | Total corporate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 260 | $ 114 |
ECL coverage | 9.03% | 5.85% |
Lifetime expected credit losses | Credit-impaired positions | Total | SME clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 98 | $ 250 |
ECL coverage | 3.04% | 2.66% |
Lifetime expected credit losses | Credit-impaired positions | Total | Lombard | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 1 | $ 0 |
ECL coverage | 0% | 0% |
Lifetime expected credit losses | Credit-impaired positions | Total | Credit cards | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3 | $ 4 |
ECL coverage | 0% | 0% |
Lifetime expected credit losses | Credit-impaired positions | Total | Commodity trade finance | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
Lifetime expected credit losses | Credit-impaired positions | Total | Financial intermediaries and hedge funds | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
Lifetime expected credit losses | Credit-impaired positions | Total | Other off-balance sheet commitments | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3 | $ 4 |
ECL coverage | 0% | 0% |
Lifetime expected credit losses | Credit-impaired positions | Total | Total other lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 7 | $ 8 |
ECL coverage | 0% | 0% |
UBS AG | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 114,337 | $ 109,878 |
Total on- and off-balance sheet | $ 504,016 | $ 510,516 |
ECL coverage | 0.21% | 0.22% |
Increase decrease in ECL coverage | (0.01%) | |
UBS AG | Total | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 110,537 | $ 108,434 |
ECL coverage | 0.18% | 0.18% |
UBS AG | Total | Private clients with mortgages | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 6,535 | $ 9,123 |
ECL coverage | 0.05% | 0.03% |
UBS AG | Total | Real estate financing | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 10,054 | $ 8,766 |
ECL coverage | 0.06% | 0.09% |
UBS AG | Total | Total real estate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 16,589 | $ 17,889 |
ECL coverage | 0.06% | 0.06% |
UBS AG | Total | Large corporate clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 32,126 | $ 32,748 |
ECL coverage | 0.38% | 0.34% |
UBS AG | Total | Total corporate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 7,122 | $ 8,077 |
ECL coverage | 0.47% | 0.38% |
UBS AG | Total | SME clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 39,247 | $ 40,826 |
ECL coverage | 0.40% | 0.35% |
UBS AG | Total | Lombard | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 12,919 | $ 14,438 |
ECL coverage | 0.02% | 0.01% |
UBS AG | Total | Credit cards | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 9,390 | $ 9,466 |
ECL coverage | 0.07% | 0.07% |
UBS AG | Total | Commodity trade finance | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 2,459 | $ 3,262 |
ECL coverage | 0.03% | 0.04% |
UBS AG | Total | Financial intermediaries and hedge funds | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 18,128 | $ 13,747 |
ECL coverage | 0.07% | 0.13% |
UBS AG | Total | Other off-balance sheet commitments | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 11,803 | $ 8,806 |
ECL coverage | 0.11% | 0.15% |
UBS AG | Total | Total other lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 54,700 | $ 49,720 |
ECL coverage | 0.06% | 0.08% |
UBS AG | Positions that are not credit impaired | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.10% | 0.09% |
UBS AG | Positions that are not credit impaired | Total | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.16% | 0.17% |
UBS AG | Positions that are not credit impaired | Total | Private clients with mortgages | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.04% | 0.03% |
UBS AG | Positions that are not credit impaired | Total | Real estate financing | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.06% | 0.09% |
UBS AG | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.06% | 0.06% |
UBS AG | Positions that are not credit impaired | Total | Large corporate clients | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.32% | 0.35% |
UBS AG | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.43% | 0.30% |
UBS AG | Positions that are not credit impaired | Total | SME clients | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.34% | 0.34% |
UBS AG | Positions that are not credit impaired | Total | Lombard | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.01% | 0% |
UBS AG | Positions that are not credit impaired | Total | Credit cards | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.07% | 0.07% |
UBS AG | Positions that are not credit impaired | Total | Commodity trade finance | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.03% | 0.04% |
UBS AG | Positions that are not credit impaired | Total | Financial intermediaries and hedge funds | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.07% | 0.13% |
UBS AG | Positions that are not credit impaired | Total | Other off-balance sheet commitments | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.09% | 0.07% |
UBS AG | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Provision Matrix [Table] | ||
ECL coverage | 0.06% | 0.07% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 107,545 | $ 103,565 |
Total on- and off-balance sheet | $ 479,140 | $ 485,946 |
ECL coverage | 0.05% | 0.05% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 103,745 | $ 102,121 |
ECL coverage | 0.10% | 0.12% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Private clients with mortgages | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 6,296 | $ 8,798 |
ECL coverage | 0.04% | 0.03% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Real estate financing | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 9,779 | $ 8,481 |
ECL coverage | 0.07% | 0.07% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 16,075 | $ 17,278 |
ECL coverage | 0.06% | 0.05% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Large corporate clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 28,950 | $ 28,981 |
ECL coverage | 0.18% | 0.25% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 6,525 | $ 7,276 |
ECL coverage | 0.30% | 0.19% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | SME clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 35,475 | $ 36,258 |
ECL coverage | 0.20% | 0.24% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Lombard | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 12,918 | $ 14,438 |
ECL coverage | 0.01% | 0% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Credit cards | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 8,900 | $ 9,000 |
ECL coverage | 0.05% | 0.05% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Commodity trade finance | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 2,459 | $ 3,262 |
ECL coverage | 0.03% | 0.04% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Financial intermediaries and hedge funds | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 16,464 | $ 13,379 |
ECL coverage | 0.06% | 0.10% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Other off-balance sheet commitments | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 11,454 | $ 8,507 |
ECL coverage | 0.08% | 0.06% |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 52,195 | $ 48,585 |
ECL coverage | 0.05% | 0.05% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 6,522 | $ 6,006 |
Total on- and off-balance sheet | $ 22,418 | $ 21,888 |
ECL coverage | 1.12% | 0.99% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 6,522 | $ 6,006 |
ECL coverage | 1.06% | 1% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Private clients with mortgages | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 236 | $ 276 |
ECL coverage | 0.18% | 0.09% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Real estate financing | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 275 | $ 285 |
ECL coverage | 0% | 0.88% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total real estate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 511 | $ 562 |
ECL coverage | 0.02% | 0.49% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Large corporate clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3,013 | $ 3,630 |
ECL coverage | 1.65% | 1.10% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total corporate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 499 | $ 688 |
ECL coverage | 2.14% | 1.51% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | SME clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3,513 | $ 4,318 |
ECL coverage | 1.72% | 1.17% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Lombard | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Credit cards | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 487 | $ 462 |
ECL coverage | 0.36% | 0.34% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Commodity trade finance | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Financial intermediaries and hedge funds | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 1,664 | $ 369 |
ECL coverage | 0.25% | 1.20% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Other off-balance sheet commitments | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 346 | $ 296 |
ECL coverage | 0.68% | 0.30% |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total | Total other lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 2,498 | $ 1,127 |
ECL coverage | 0.33% | 0.61% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 270 | $ 307 |
Total on- and off-balance sheet | $ 2,458 | $ 2,681 |
ECL coverage | 22.42% | 24.23% |
Increase decrease in ECL coverage | (2.00%) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 270 | $ 307 |
ECL coverage | 9.80% | 4.86% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Private clients with mortgages | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3 | $ 49 |
ECL coverage | 11.83% | 0.15% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Real estate financing | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Total real estate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3 | $ 49 |
ECL coverage | 12.88% | 0.15% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Large corporate clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 163 | $ 136 |
ECL coverage | 12.63% | 0.01% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Total corporate lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 98 | $ 114 |
ECL coverage | 3.04% | 5.85% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | SME clients | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 260 | $ 250 |
ECL coverage | 9.03% | 2.66% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Lombard | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 1 | $ 0 |
ECL coverage | 0% | 0% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Credit cards | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3 | $ 4 |
ECL coverage | 0% | 0% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Commodity trade finance | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Financial intermediaries and hedge funds | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 0 | $ 0 |
ECL coverage | 0% | 0% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Other off-balance sheet commitments | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 3 | $ 4 |
ECL coverage | 0% | 0% |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total | Total other lending | ||
Disclosure Of Provision Matrix [Table] | ||
Total exposure | $ 7 | $ 8 |
ECL coverage | 0% | 0% |
Derivative instruments (Narrati
Derivative instruments (Narrative) (Detail) - Interest rate swap contract - Over-the-counter | Dec. 31, 2022 | Dec. 31, 2021 |
Within 1 year | ||
Maturity Profile Of Derivatives Notionals [Table] | ||
Maturity profile of derivatives based on notional amount | 46% | 40% |
Due between 1 and 5 years | ||
Maturity Profile Of Derivatives Notionals [Table] | ||
Maturity profile of derivatives based on notional amount | 32% | 36% |
Due after 5 years | ||
Maturity Profile Of Derivatives Notionals [Table] | ||
Maturity profile of derivatives based on notional amount | 22% | 25% |
UBS AG | Within 1 year | ||
Maturity Profile Of Derivatives Notionals [Table] | ||
Maturity profile of derivatives based on notional amount | 46% | 40% |
UBS AG | Due between 1 and 5 years | ||
Maturity Profile Of Derivatives Notionals [Table] | ||
Maturity profile of derivatives based on notional amount | 32% | 36% |
UBS AG | Due after 5 years | ||
Maturity Profile Of Derivatives Notionals [Table] | ||
Maturity profile of derivatives based on notional amount | 22% | 25% |
Derivative instruments (Detail)
Derivative instruments (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Derivative [Table] | ||
Derivative financial assets | $ 150,108 | $ 118,142 |
Notional amounts related to derivative financial assets | 4,659,900 | 4,613,800 |
Derivative financial liabilities | 154,906 | 121,309 |
Notional amounts related to derivative financial liabilities | 4,641,900 | 4,616,600 |
Other amounts values | 11,376,500 | 8,771,100 |
Interest rate | ||
Derivative [Table] | ||
Derivative financial assets | 39,800 | 33,200 |
Notional amounts related to derivative financial assets | 1,057,400 | 991,200 |
Derivative financial liabilities | 37,500 | 28,700 |
Notional amounts related to derivative financial liabilities | 1,022,900 | 943,100 |
Other amounts values | 11,255,400 | 8,675,100 |
Credit derivative | ||
Derivative [Table] | ||
Derivative financial assets | 1,000 | 1,400 |
Notional amounts related to derivative financial assets | 36,800 | 44,700 |
Derivative financial liabilities | 1,200 | 1,800 |
Notional amounts related to derivative financial liabilities | 37,100 | 46,300 |
Foreign exchange | ||
Derivative [Table] | ||
Derivative financial assets | 85,500 | 53,300 |
Notional amounts related to derivative financial assets | 3,087,100 | 3,030,800 |
Derivative financial liabilities | 88,500 | 54,100 |
Notional amounts related to derivative financial liabilities | 2,992,700 | 2,938,800 |
Other amounts values | 40,100 | 1,200 |
Equity / index | ||
Derivative [Table] | ||
Derivative financial assets | 22,200 | 28,200 |
Notional amounts related to derivative financial assets | 384,500 | 456,900 |
Derivative financial liabilities | 26,100 | 34,900 |
Notional amounts related to derivative financial liabilities | 501,300 | 603,900 |
Other amounts values | 63,400 | 80,100 |
Commodity | ||
Derivative [Table] | ||
Derivative financial assets | 1,400 | 1,600 |
Notional amounts related to derivative financial assets | 68,100 | 57,800 |
Derivative financial liabilities | 1,400 | 1,600 |
Notional amounts related to derivative financial liabilities | 64,200 | 56,400 |
Other amounts values | 17,600 | 14,700 |
Unsettled purchases of non-derivative financial instruments | ||
Derivative [Table] | ||
Derivative financial assets | 100 | 100 |
Notional amounts related to derivative financial assets | 12,100 | 13,300 |
Derivative financial liabilities | 100 | 200 |
Notional amounts related to derivative financial liabilities | 9,400 | 10,600 |
Unsettled sales of non-derivative financial instruments | ||
Derivative [Table] | ||
Derivative financial assets | 100 | 200 |
Notional amounts related to derivative financial assets | 13,000 | 18,200 |
Derivative financial liabilities | 0 | 100 |
Notional amounts related to derivative financial liabilities | 10,700 | 9,400 |
Over-the-counter (OTC) contracts | Loan commitments measured at FVTPL | ||
Derivative [Table] | ||
Derivative financial assets | 0 | 0 |
Notional amounts related to derivative financial assets | 900 | 800 |
Derivative financial liabilities | 0 | 0 |
Notional amounts related to derivative financial liabilities | 3,700 | 8,200 |
Forward contracts | Over-the-counter (OTC) contracts | Interest rate | ||
Derivative [Table] | ||
Derivative financial assets | 200 | 100 |
Notional amounts related to derivative financial assets | 37,700 | 29,400 |
Derivative financial liabilities | 0 | 200 |
Notional amounts related to derivative financial liabilities | 34,600 | 28,600 |
Other amounts values | 792,700 | 443,600 |
Forward contracts | Over-the-counter (OTC) contracts | Foreign exchange | ||
Derivative [Table] | ||
Derivative financial assets | 26,500 | 23,800 |
Notional amounts related to derivative financial assets | 853,400 | 1,008,900 |
Derivative financial liabilities | 28,600 | 23,800 |
Notional amounts related to derivative financial liabilities | 910,200 | 1,043,200 |
Forward contracts | Exchange-traded derivatives (ETD) | Commodity | ||
Derivative [Table] | ||
Derivative financial assets | 0 | 0 |
Notional amounts related to derivative financial assets | 24,500 | 18,100 |
Derivative financial liabilities | 0 | 0 |
Notional amounts related to derivative financial liabilities | 23,200 | 15,200 |
Swaps | Over-the-counter (OTC) contracts | Interest rate | ||
Derivative [Table] | ||
Derivative financial assets | 25,200 | 26,400 |
Notional amounts related to derivative financial assets | 326,100 | 394,300 |
Derivative financial liabilities | 19,800 | 19,200 |
Notional amounts related to derivative financial liabilities | 281,000 | 344,100 |
Other amounts values | 9,728,600 | 7,549,400 |
Swaps | Over-the-counter (OTC) contracts | Foreign exchange | ||
Derivative [Table] | ||
Derivative financial assets | 49,600 | 24,300 |
Notional amounts related to derivative financial assets | 1,679,300 | 1,606,300 |
Derivative financial liabilities | 50,400 | 24,900 |
Notional amounts related to derivative financial liabilities | 1,553,700 | 1,480,300 |
Other amounts values | 38,400 | |
Swaps | Over-the-counter (OTC) contracts | Equity / index | ||
Derivative [Table] | ||
Derivative financial assets | 5,300 | 4,700 |
Notional amounts related to derivative financial assets | 95,500 | 105,700 |
Derivative financial liabilities | 6,600 | 9,300 |
Notional amounts related to derivative financial liabilities | 122,000 | 154,800 |
Swaps | Over-the-counter (OTC) contracts | Commodity | ||
Derivative [Table] | ||
Derivative financial assets | 500 | 500 |
Notional amounts related to derivative financial assets | 19,300 | 19,900 |
Derivative financial liabilities | 700 | 800 |
Notional amounts related to derivative financial liabilities | 19,300 | 25,400 |
Options | Over-the-counter (OTC) contracts | Interest rate | ||
Derivative [Table] | ||
Derivative financial assets | 14,200 | 6,600 |
Notional amounts related to derivative financial assets | 687,500 | 545,200 |
Derivative financial liabilities | 17,500 | 9,200 |
Notional amounts related to derivative financial liabilities | 705,000 | 553,600 |
Options | Over-the-counter (OTC) contracts | Foreign exchange | ||
Derivative [Table] | ||
Derivative financial assets | 9,300 | 5,200 |
Notional amounts related to derivative financial assets | 551,600 | 412,600 |
Derivative financial liabilities | 9,200 | 5,300 |
Notional amounts related to derivative financial liabilities | 521,600 | 408,600 |
Options | Over-the-counter (OTC) contracts | Equity / index | ||
Derivative [Table] | ||
Derivative financial assets | 2,800 | 4,600 |
Notional amounts related to derivative financial assets | 51,600 | 61,400 |
Derivative financial liabilities | 4,400 | 6,500 |
Notional amounts related to derivative financial liabilities | 89,000 | 102,300 |
Options | Over-the-counter (OTC) contracts | Commodity | ||
Derivative [Table] | ||
Derivative financial assets | 400 | 400 |
Notional amounts related to derivative financial assets | 15,800 | 14,000 |
Derivative financial liabilities | 300 | 200 |
Notional amounts related to derivative financial liabilities | 13,300 | 10,400 |
Options | Exchange-traded derivatives (ETD) | Interest rate | ||
Derivative [Table] | ||
Derivative financial assets | 0 | 0 |
Notional amounts related to derivative financial assets | 6,100 | 22,400 |
Derivative financial liabilities | 0 | 0 |
Notional amounts related to derivative financial liabilities | 2,200 | 16,800 |
Other amounts values | 127,700 | 157,100 |
Options | Exchange-traded derivatives (ETD) | Equity / index | ||
Derivative [Table] | ||
Derivative financial assets | 9,000 | 10,200 |
Notional amounts related to derivative financial assets | 237,000 | 289,600 |
Derivative financial liabilities | 8,100 | 9,800 |
Notional amounts related to derivative financial liabilities | 289,700 | 346,300 |
Other amounts values | 11,200 | 8,800 |
Futures | Exchange-traded derivatives (ETD) | Interest rate | ||
Derivative [Table] | ||
Other amounts values | 606,300 | 525,000 |
Futures | Exchange-traded derivatives (ETD) | Equity / index | ||
Derivative [Table] | ||
Other amounts values | 52,200 | 71,200 |
Futures | Exchange-traded derivatives (ETD) | Commodity | ||
Derivative [Table] | ||
Other amounts values | 16,400 | 13,900 |
Client-cleared transactions | Exchange-traded derivatives (ETD) | Equity / index | ||
Derivative [Table] | ||
Derivative financial assets | 5,100 | 8,600 |
Derivative financial liabilities | 7,000 | 9,400 |
Client-cleared transactions | Exchange-traded derivatives (ETD) | Commodity | ||
Derivative [Table] | ||
Derivative financial assets | 200 | 600 |
Derivative financial liabilities | 300 | 400 |
Credit default swaps | Over-the-counter (OTC) contracts | Credit derivative | ||
Derivative [Table] | ||
Derivative financial assets | 900 | 1,300 |
Notional amounts related to derivative financial assets | 34,200 | 39,400 |
Derivative financial liabilities | 1,000 | 1,600 |
Notional amounts related to derivative financial liabilities | 36,800 | 44,100 |
Total return swaps | Over-the-counter (OTC) contracts | Credit derivative | ||
Derivative [Table] | ||
Derivative financial assets | 100 | 100 |
Notional amounts related to derivative financial assets | 900 | 1,300 |
Derivative financial liabilities | 200 | 200 |
Notional amounts related to derivative financial liabilities | 300 | 1,700 |
UBS AG | ||
Derivative [Table] | ||
Derivative financial assets | 150,109 | 118,145 |
Notional amounts related to derivative financial assets | 4,660,100 | 4,614,000 |
Derivative financial liabilities | 154,906 | 121,309 |
Notional amounts related to derivative financial liabilities | 4,642,000 | 4,616,600 |
Other amounts values | 11,376,500 | 8,771,100 |
UBS AG | Interest rate | ||
Derivative [Table] | ||
Derivative financial assets | 39,800 | 33,200 |
Notional amounts related to derivative financial assets | 1,057,400 | 991,200 |
Derivative financial liabilities | 37,500 | 28,700 |
Notional amounts related to derivative financial liabilities | 1,022,900 | 943,100 |
Other amounts values | 11,255,400 | 8,675,100 |
UBS AG | Credit derivative | ||
Derivative [Table] | ||
Derivative financial assets | 1,000 | 1,400 |
Notional amounts related to derivative financial assets | 36,800 | 44,700 |
Derivative financial liabilities | 1,200 | 1,800 |
Notional amounts related to derivative financial liabilities | 37,100 | 46,300 |
UBS AG | Foreign exchange | ||
Derivative [Table] | ||
Derivative financial assets | 85,500 | 53,300 |
Notional amounts related to derivative financial assets | 3,087,300 | 3,031,000 |
Derivative financial liabilities | 88,500 | 54,100 |
Notional amounts related to derivative financial liabilities | 2,992,700 | 2,938,800 |
Other amounts values | 40,100 | 1,200 |
UBS AG | Equity / index | ||
Derivative [Table] | ||
Derivative financial assets | 22,200 | 28,200 |
Notional amounts related to derivative financial assets | 384,500 | 456,900 |
Derivative financial liabilities | 26,100 | 34,900 |
Notional amounts related to derivative financial liabilities | 501,300 | 603,900 |
Other amounts values | 63,400 | 80,100 |
UBS AG | Commodity | ||
Derivative [Table] | ||
Derivative financial assets | 1,400 | 1,600 |
Notional amounts related to derivative financial assets | 68,100 | 57,800 |
Derivative financial liabilities | 1,400 | 1,600 |
Notional amounts related to derivative financial liabilities | 64,200 | 56,400 |
Other amounts values | 17,600 | 14,700 |
UBS AG | Unsettled purchases of non-derivative financial instruments | ||
Derivative [Table] | ||
Derivative financial assets | 100 | 100 |
Notional amounts related to derivative financial assets | 12,100 | 13,300 |
Derivative financial liabilities | 100 | 200 |
Notional amounts related to derivative financial liabilities | 9,400 | 10,600 |
UBS AG | Unsettled sales of non-derivative financial instruments | ||
Derivative [Table] | ||
Derivative financial assets | 100 | 200 |
Notional amounts related to derivative financial assets | 13,000 | 18,200 |
Derivative financial liabilities | 0 | 100 |
Notional amounts related to derivative financial liabilities | 10,700 | 9,400 |
UBS AG | Over-the-counter (OTC) contracts | Loan commitments measured at FVTPL | ||
Derivative [Table] | ||
Derivative financial assets | 0 | 0 |
Notional amounts related to derivative financial assets | 900 | 800 |
Derivative financial liabilities | 0 | 0 |
Notional amounts related to derivative financial liabilities | 3,700 | 8,200 |
UBS AG | Forward contracts | Over-the-counter (OTC) contracts | Interest rate | ||
Derivative [Table] | ||
Derivative financial assets | 200 | 100 |
Notional amounts related to derivative financial assets | 37,700 | 29,400 |
Derivative financial liabilities | 0 | 200 |
Notional amounts related to derivative financial liabilities | 34,600 | 28,600 |
Other amounts values | 792,700 | 443,600 |
UBS AG | Forward contracts | Over-the-counter (OTC) contracts | Foreign exchange | ||
Derivative [Table] | ||
Derivative financial assets | 26,500 | 23,800 |
Notional amounts related to derivative financial assets | 853,600 | 1,009,100 |
Derivative financial liabilities | 28,600 | 23,800 |
Notional amounts related to derivative financial liabilities | 910,200 | 1,043,200 |
UBS AG | Forward contracts | Exchange-traded derivatives (ETD) | Commodity | ||
Derivative [Table] | ||
Derivative financial assets | 0 | 0 |
Notional amounts related to derivative financial assets | 24,500 | 18,100 |
Derivative financial liabilities | 0 | 0 |
Notional amounts related to derivative financial liabilities | 23,200 | 15,200 |
UBS AG | Swaps | Over-the-counter (OTC) contracts | Interest rate | ||
Derivative [Table] | ||
Derivative financial assets | 25,200 | 26,400 |
Notional amounts related to derivative financial assets | 326,100 | 394,300 |
Derivative financial liabilities | 19,800 | 19,200 |
Notional amounts related to derivative financial liabilities | 281,000 | 344,100 |
Other amounts values | 9,728,600 | 7,549,400 |
UBS AG | Swaps | Over-the-counter (OTC) contracts | Foreign exchange | ||
Derivative [Table] | ||
Derivative financial assets | 49,600 | 24,300 |
Notional amounts related to derivative financial assets | 1,679,300 | 1,606,400 |
Derivative financial liabilities | 50,400 | 24,900 |
Notional amounts related to derivative financial liabilities | 1,553,700 | 1,480,300 |
Other amounts values | 38,400 | |
UBS AG | Swaps | Over-the-counter (OTC) contracts | Equity / index | ||
Derivative [Table] | ||
Derivative financial assets | 5,300 | 4,700 |
Notional amounts related to derivative financial assets | 95,500 | 105,700 |
Derivative financial liabilities | 6,600 | 9,300 |
Notional amounts related to derivative financial liabilities | 122,000 | 154,800 |
UBS AG | Swaps | Over-the-counter (OTC) contracts | Commodity | ||
Derivative [Table] | ||
Derivative financial assets | 500 | 500 |
Notional amounts related to derivative financial assets | 19,300 | 19,900 |
Derivative financial liabilities | 700 | 800 |
Notional amounts related to derivative financial liabilities | 19,300 | 25,400 |
UBS AG | Options | Over-the-counter (OTC) contracts | Interest rate | ||
Derivative [Table] | ||
Derivative financial assets | 14,200 | 6,600 |
Notional amounts related to derivative financial assets | 687,500 | 545,200 |
Derivative financial liabilities | 17,500 | 9,200 |
Notional amounts related to derivative financial liabilities | 705,000 | 553,600 |
UBS AG | Options | Over-the-counter (OTC) contracts | Foreign exchange | ||
Derivative [Table] | ||
Derivative financial assets | 9,300 | 5,200 |
Notional amounts related to derivative financial assets | 551,600 | 412,600 |
Derivative financial liabilities | 9,200 | 5,300 |
Notional amounts related to derivative financial liabilities | 521,600 | 408,600 |
UBS AG | Options | Over-the-counter (OTC) contracts | Equity / index | ||
Derivative [Table] | ||
Derivative financial assets | 2,800 | 4,600 |
Notional amounts related to derivative financial assets | 51,600 | 61,400 |
Derivative financial liabilities | 4,400 | 6,500 |
Notional amounts related to derivative financial liabilities | 89,000 | 102,300 |
UBS AG | Options | Over-the-counter (OTC) contracts | Commodity | ||
Derivative [Table] | ||
Derivative financial assets | 400 | 400 |
Notional amounts related to derivative financial assets | 15,800 | 14,000 |
Derivative financial liabilities | 300 | 200 |
Notional amounts related to derivative financial liabilities | 13,300 | 10,400 |
UBS AG | Options | Exchange-traded derivatives (ETD) | Interest rate | ||
Derivative [Table] | ||
Derivative financial assets | 0 | 0 |
Notional amounts related to derivative financial assets | 6,100 | 22,400 |
Derivative financial liabilities | 0 | 0 |
Notional amounts related to derivative financial liabilities | 2,200 | 16,800 |
Other amounts values | 127,700 | 157,100 |
UBS AG | Options | Exchange-traded derivatives (ETD) | Equity / index | ||
Derivative [Table] | ||
Derivative financial assets | 9,000 | 10,200 |
Notional amounts related to derivative financial assets | 237,000 | 289,600 |
Derivative financial liabilities | 8,100 | 9,800 |
Notional amounts related to derivative financial liabilities | 289,700 | 346,300 |
Other amounts values | 11,200 | 8,800 |
UBS AG | Futures | Exchange-traded derivatives (ETD) | Interest rate | ||
Derivative [Table] | ||
Other amounts values | 606,300 | 525,000 |
UBS AG | Futures | Exchange-traded derivatives (ETD) | Equity / index | ||
Derivative [Table] | ||
Other amounts values | 52,200 | 71,200 |
UBS AG | Futures | Exchange-traded derivatives (ETD) | Commodity | ||
Derivative [Table] | ||
Other amounts values | 16,400 | 13,900 |
UBS AG | Client-cleared transactions | Exchange-traded derivatives (ETD) | Equity / index | ||
Derivative [Table] | ||
Derivative financial assets | 5,100 | 8,600 |
Derivative financial liabilities | 7,000 | 9,400 |
UBS AG | Client-cleared transactions | Exchange-traded derivatives (ETD) | Commodity | ||
Derivative [Table] | ||
Derivative financial assets | 200 | 600 |
Derivative financial liabilities | 300 | 400 |
UBS AG | Credit default swaps | Over-the-counter (OTC) contracts | Credit derivative | ||
Derivative [Table] | ||
Derivative financial assets | 900 | 1,300 |
Notional amounts related to derivative financial assets | 34,200 | 39,400 |
Derivative financial liabilities | 1,000 | 1,600 |
Notional amounts related to derivative financial liabilities | 36,800 | 44,100 |
UBS AG | Total return swaps | Over-the-counter (OTC) contracts | Credit derivative | ||
Derivative [Table] | ||
Derivative financial assets | 100 | 100 |
Notional amounts related to derivative financial assets | 900 | 1,300 |
Derivative financial liabilities | 200 | 200 |
Notional amounts related to derivative financial liabilities | $ 300 | $ 1,700 |
Financial assets measured at fa
Financial assets measured at fair value through OCI (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Debt instruments | ||
Total financial assets measured at fair value through other comprehensive income | $ 2,239 | $ 8,844 |
UBS AG | ||
Debt instruments | ||
Total financial assets measured at fair value through other comprehensive income | $ 2,239 | $ 8,844 |
Property, equipment and softw_3
Property, equipment and software (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | $ 12,888 | $ 13,109 | |
Balance at the end of the year | 12,288 | 12,888 | $ 13,109 |
Cash outflows on lease | 614 | 657 | |
Net gains / (losses) arising from sale-and-leaseback transactions | 140 | ||
Internally generated software in progress | 939 | ||
Own use properties in progress | 197 | ||
Historical cost | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 27,113 | 26,238 | |
Additions | 2,057 | 2,090 | |
Disposals / write-offs | (501) | (751) | |
Reclassifications | (1,223) | (18) | |
Foreign currency translation | (319) | (445) | |
Balance at the end of the year | 27,127 | 27,113 | 26,238 |
Accumulated depreciation | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 14,225 | 13,129 | |
Depreciation | 2,033 | 2,078 | |
Impairment | 3 | 10 | |
Disposals / write-offs | (497) | (737) | |
Reclassifications | (761) | (12) | |
Foreign currency translation | (164) | (243) | |
Balance at the end of the year | 14,839 | 14,225 | 13,129 |
Owned properties and equipment | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 4,976 | ||
Balance at the end of the year | 4,162 | 4,976 | |
Owned properties and equipment | Historical cost | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 13,048 | ||
Additions | 162 | ||
Disposals / write-offs | (333) | ||
Reclassifications | (1,073) | ||
Foreign currency translation | (217) | ||
Balance at the end of the year | 11,587 | 13,048 | |
Owned properties and equipment | Accumulated depreciation | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 8,072 | ||
Depreciation | 577 | ||
Impairment | 3 | ||
Disposals / write-offs | (332) | ||
Reclassifications | (761) | ||
Foreign currency translation | (135) | ||
Balance at the end of the year | 7,425 | 8,072 | |
Leased properties and equipment | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 2,828 | ||
Balance at the end of the year | 2,746 | 2,828 | |
Leased properties and equipment | Historical cost | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 4,174 | ||
Additions | 412 | ||
Disposals / write-offs | (62) | ||
Reclassifications | 0 | ||
Foreign currency translation | (65) | ||
Balance at the end of the year | 4,459 | 4,174 | |
Leased properties and equipment | Accumulated depreciation | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 1,346 | ||
Depreciation | 451 | ||
Impairment | 0 | ||
Disposals / write-offs | (59) | ||
Reclassifications | (1) | ||
Foreign currency translation | (24) | ||
Balance at the end of the year | 1,714 | 1,346 | |
Software | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 3,835 | ||
Balance at the end of the year | 4,245 | 3,835 | |
Software | Historical cost | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 8,642 | ||
Additions | 300 | ||
Disposals / write-offs | (106) | ||
Reclassifications | 1,151 | ||
Foreign currency translation | (42) | ||
Balance at the end of the year | 9,944 | 8,642 | |
Software | Accumulated depreciation | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 4,807 | ||
Depreciation | 1,005 | ||
Impairment | 0 | ||
Disposals / write-offs | (106) | ||
Reclassifications | 0 | ||
Foreign currency translation | (6) | ||
Balance at the end of the year | 5,699 | 4,807 | |
Projects in progress | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 1,250 | ||
Balance at the end of the year | 1,136 | 1,250 | |
Projects in progress | Historical cost | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 1,250 | ||
Additions | 1,182 | ||
Disposals / write-offs | 0 | ||
Reclassifications | (1,301) | ||
Foreign currency translation | 5 | ||
Balance at the end of the year | 1,136 | 1,250 | |
UBS AG | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 11,712 | 11,958 | |
Balance at the end of the year | 11,316 | 11,712 | 11,958 |
Net gains / (losses) arising from sale-and-leaseback transactions | 140 | ||
UBS AG | Historical cost | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 24,542 | 23,785 | |
Additions | 1,859 | 1,789 | |
Disposals / write-offs | (414) | (632) | |
Reclassifications | (894) | (18) | |
Foreign currency translation | (200) | (381) | |
Balance at the end of the year | 24,893 | 24,542 | 23,785 |
UBS AG | Accumulated depreciation | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 12,830 | 11,827 | |
Depreciation | 1,819 | 1,835 | |
Impairment | 2 | 9 | |
Disposals / write-offs | (410) | (619) | |
Reclassifications | (566) | (12) | |
Foreign currency translation | (99) | (210) | |
Balance at the end of the year | 13,577 | 12,830 | $ 11,827 |
UBS AG | Owned properties and equipment | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 4,316 | ||
Balance at the end of the year | 3,655 | 4,316 | |
UBS AG | Owned properties and equipment | Historical cost | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 11,494 | ||
Additions | 90 | ||
Disposals / write-offs | (284) | ||
Reclassifications | (796) | ||
Foreign currency translation | (152) | ||
Balance at the end of the year | 10,352 | 11,494 | |
UBS AG | Owned properties and equipment | Accumulated depreciation | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 7,178 | ||
Depreciation | 463 | ||
Impairment | 2 | ||
Disposals / write-offs | (283) | ||
Reclassifications | (565) | ||
Foreign currency translation | (98) | ||
Balance at the end of the year | 6,697 | 7,178 | |
UBS AG | Leased properties and equipment | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 2,722 | ||
Balance at the end of the year | 2,637 | 2,722 | |
Cash outflows on lease | 589 | 632 | |
UBS AG | Leased properties and equipment | Historical cost | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 3,994 | ||
Additions | 380 | ||
Disposals / write-offs | (48) | ||
Reclassifications | 0 | ||
Foreign currency translation | (50) | ||
Balance at the end of the year | 4,275 | 3,994 | |
UBS AG | Leased properties and equipment | Accumulated depreciation | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 1,272 | ||
Depreciation | 430 | ||
Impairment | 0 | ||
Disposals / write-offs | (45) | ||
Reclassifications | (1) | ||
Foreign currency translation | (18) | ||
Balance at the end of the year | 1,638 | 1,272 | |
UBS AG | Software | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 3,544 | ||
Balance at the end of the year | 3,978 | 3,544 | |
UBS AG | Software | Historical cost | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 7,924 | ||
Additions | 330 | ||
Disposals / write-offs | (81) | ||
Reclassifications | 1,052 | ||
Foreign currency translation | (5) | ||
Balance at the end of the year | 9,220 | 7,924 | |
UBS AG | Software | Accumulated depreciation | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 4,380 | ||
Depreciation | 926 | ||
Impairment | 0 | ||
Disposals / write-offs | (81) | ||
Reclassifications | 0 | ||
Foreign currency translation | 17 | ||
Balance at the end of the year | 5,242 | 4,380 | |
UBS AG | Projects in progress | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 1,130 | ||
Balance at the end of the year | 1,046 | 1,130 | |
Internally generated software in progress | 858 | ||
Own use properties in progress | 188 | ||
UBS AG | Projects in progress | Historical cost | |||
Disclosure Of Property Equipment Software [Table] | |||
Balance at the beginning of the year | 1,130 | ||
Additions | 1,059 | ||
Disposals / write-offs | 0 | ||
Reclassifications | (1,150) | ||
Foreign currency translation | 7 | ||
Balance at the end of the year | $ 1,046 | $ 1,130 |
Goodwill and intangible asset_2
Goodwill and intangible assets (Narrative) (Detail) $ in Billions | 12 Months Ended |
Dec. 31, 2022 USD ($) | |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | |
Goodwill | $ 6 |
Change in forecast earnings available to shareholders used for goodwill impairment sensitivity analysis | 20% |
Change in discount rates used for goodwill impairment sensitivity analysis | 1.50% |
Change in long-term growth rates used for goodwill impairment sensitivity analysis | 0.75% |
Increase / (decrease) in other notional amounts | $ 2,600 |
Global Wealth Management Americas | |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | |
Goodwill | 3.7 |
Global Wealth Management Switzerland and International | |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | |
Goodwill | 1.2 |
Segment AM Member [Member] | |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | |
Goodwill | 1.2 |
UBS AG | |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | |
Goodwill | $ 6 |
Change in forecast earnings available to shareholders used for goodwill impairment sensitivity analysis | 20% |
Change in discount rates used for goodwill impairment sensitivity analysis | 1.50% |
Change in long-term growth rates used for goodwill impairment sensitivity analysis | 0.75% |
Increase / (decrease) in other notional amounts | $ 2,600 |
UBS AG | Global Wealth Management Americas | |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | |
Goodwill | 3.7 |
UBS AG | Global Wealth Management Switzerland and International | |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | |
Goodwill | 1.2 |
UBS AG | Segment AM Member [Member] | |
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | |
Goodwill | $ 1.2 |
Goodwill and intangible asset_3
Goodwill and intangible assets (Detail 1) | Dec. 31, 2022 | Dec. 31, 2021 |
Global Wealth Management Americas | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | ||
Discount rates current year | 10.50% | |
Discount rates previous year | 9.50% | |
Growth rates | 3.80% | 4% |
Global Wealth Management Switzerland and International | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | ||
Discount rates current year | 9.40% | |
Discount rates previous year | 8.50% | |
Growth rates | 3.60% | 3.10% |
Asset Management | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | ||
Discount rates current year | 9.50% | |
Discount rates previous year | 8.50% | |
Growth rates | 3.40% | 2.90% |
UBS AG | Global Wealth Management Americas | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | ||
Discount rates current year | 10.50% | |
Discount rates previous year | 9.50% | |
Growth rates | 3.80% | 4% |
UBS AG | Global Wealth Management Switzerland and International | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | ||
Discount rates current year | 9.40% | |
Discount rates previous year | 8.50% | |
Growth rates | 3.60% | 3.10% |
UBS AG | Asset Management | ||
Disclosure Of Information For Individual Asset Or Cashgenerating Unit With Significant Amount Of Goodwill Or Intangible Assets With Indefinite Useful Lives [Table] | ||
Discount rates current year | 9.50% | |
Discount rates previous year | 8.50% | |
Growth rates | 3.40% | 2.90% |
Goodwill and intangible asset_4
Goodwill and intangible assets (Detail 2) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | $ 6,378 | |
Balance at the end of the year | 6,267 | $ 6,378 |
of which: Global Wealth Management Americas | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 3,760 | |
Balance at the end of the year | 3,740 | 3,760 |
of which: Global Wealth Management Switzerland and International | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 1,276 | |
Balance at the end of the year | 1,225 | 1,276 |
of which: Asset Management | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 1,202 | |
Balance at the end of the year | 1,167 | 1,202 |
of which: Investment Bank | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 139 | |
Balance at the end of the year | 135 | 139 |
Historical cost | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 7,739 | 7,865 |
Additions | 0 | 1 |
Disposals | (22) | (3) |
Write-offs | 0 | (41) |
Foreign currency translation | (76) | (83) |
Balance at the end of the year | 7,641 | 7,739 |
Accumulated amortization and impairment | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 1,360 | 1,385 |
Amortization | 26 | 31 |
Impairment | (1) | (1) |
Write-offs | 0 | (41) |
Foreign currency translation | (11) | (13) |
Balance at the end of the year | 1,374 | 1,360 |
Goodwill | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 6,043 | |
Goodwill | of which: Global Wealth Management Americas | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 3,709 | |
Goodwill | of which: Global Wealth Management Switzerland and International | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 1,166 | |
Goodwill | of which: Asset Management | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 1,167 | |
Goodwill | of which: Investment Bank | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 0 | |
Goodwill | Historical cost | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 6,126 | |
Additions | 0 | |
Disposals | (22) | |
Write-offs | 0 | |
Foreign currency translation | (61) | |
Balance at the end of the year | 6,043 | 6,126 |
Intangible assets | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 224 | |
Intangible assets | of which: Global Wealth Management Americas | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 31 | |
Intangible assets | of which: Global Wealth Management Switzerland and International | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 59 | |
Intangible assets | of which: Asset Management | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 0 | |
Intangible assets | of which: Investment Bank | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 135 | |
Intangible assets | Historical cost | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 1,612 | |
Additions | 0 | |
Disposals | 0 | |
Write-offs | 0 | |
Foreign currency translation | (14) | |
Balance at the end of the year | 1,598 | 1,612 |
Intangible assets | Accumulated amortization and impairment | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 1,360 | |
Amortization | 26 | |
Impairment | (1) | |
Write-offs | 0 | |
Foreign currency translation | (11) | |
Balance at the end of the year | 1,374 | 1,360 |
UBS AG | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 6,378 | |
Balance at the end of the year | 6,267 | 6,378 |
UBS AG | of which: Global Wealth Management Americas | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 3,760 | |
Balance at the end of the year | 3,740 | 3,760 |
UBS AG | of which: Global Wealth Management Switzerland and International | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 1,276 | |
Balance at the end of the year | 1,225 | 1,276 |
UBS AG | of which: Asset Management | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 1,202 | |
Balance at the end of the year | 1,167 | 1,202 |
UBS AG | of which: Investment Bank | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 139 | |
Balance at the end of the year | 135 | 139 |
UBS AG | Historical cost | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 7,739 | 7,865 |
Additions | 0 | 1 |
Disposals | (22) | (3) |
Write-offs | 0 | (41) |
Foreign currency translation | (76) | (83) |
Balance at the end of the year | 7,641 | 7,739 |
UBS AG | Accumulated amortization and impairment | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 1,360 | 1,385 |
Amortization | 26 | 31 |
Impairment | (1) | (1) |
Write-offs | 0 | (41) |
Foreign currency translation | (11) | (13) |
Balance at the end of the year | 1,374 | 1,360 |
UBS AG | Goodwill | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 6,043 | |
UBS AG | Goodwill | of which: Global Wealth Management Americas | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 3,709 | |
UBS AG | Goodwill | of which: Global Wealth Management Switzerland and International | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 1,166 | |
UBS AG | Goodwill | of which: Asset Management | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 1,167 | |
UBS AG | Goodwill | of which: Investment Bank | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 0 | |
UBS AG | Goodwill | Historical cost | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 6,126 | |
Additions | 0 | |
Disposals | (22) | |
Write-offs | 0 | |
Foreign currency translation | (61) | |
Balance at the end of the year | 6,043 | 6,126 |
UBS AG | Intangible assets | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 224 | |
UBS AG | Intangible assets | of which: Global Wealth Management Americas | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 31 | |
UBS AG | Intangible assets | of which: Global Wealth Management Switzerland and International | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 59 | |
UBS AG | Intangible assets | of which: Asset Management | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 0 | |
UBS AG | Intangible assets | of which: Investment Bank | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the end of the year | 135 | |
UBS AG | Intangible assets | Historical cost | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 1,612 | |
Additions | 0 | |
Disposals | 0 | |
Write-offs | 0 | |
Foreign currency translation | (14) | |
Balance at the end of the year | 1,598 | 1,612 |
UBS AG | Intangible assets | Accumulated amortization and impairment | ||
Disclosure Of Reconciliation Of Changes In Intangible Assets And Goodwill [Table] | ||
Balance at the beginning of the year | 1,360 | |
Amortization | 26 | |
Impairment | (1) | |
Write-offs | 0 | |
Foreign currency translation | (11) | |
Balance at the end of the year | $ 1,374 | $ 1,360 |
Goodwill and intangible asset_5
Goodwill and intangible assets (Detail 3) $ in Millions | Dec. 31, 2022 USD ($) |
Entity [Table] | |
2022 | $ 26 |
2023 | 24 |
2024 | 23 |
2025 | 23 |
2026 | 22 |
Thereafter | 104 |
Not amortized due to indefinite useful life | 2 |
Total | 224 |
UBS AG | |
Entity [Table] | |
2022 | 26 |
2023 | 24 |
2024 | 23 |
2025 | 23 |
2026 | 22 |
Thereafter | 104 |
Not amortized due to indefinite useful life | 2 |
Total | $ 224 |
Other financial assets measured
Other financial assets measured at amortized cost (Detail) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Debt securities | $ 44,594 | $ 18,858 |
Loans to financial advisors | 2,611 | 2,453 |
Fee- and commission-related receivables | 1,812 | 1,972 |
Finance lease receivables | 1,315 | 1,356 |
Settlement and clearing accounts | 1,175 | 455 |
Accrued interest income | 1,259 | 520 |
Other | 499 | 594 |
Total other financial assets measured at amortized cost | 53,264 | 26,209 |
Increase (decrease) in debt securities | 25,700 | |
UBS AG | ||
Entity [Table] | ||
Debt securities | 44,594 | 18,858 |
Loans to financial advisors | 2,611 | 2,453 |
Fee- and commission-related receivables | 1,803 | 1,966 |
Finance lease receivables | 1,314 | 1,356 |
Settlement and clearing accounts | 1,174 | 455 |
Accrued interest income | 1,276 | 521 |
Other | 618 | 627 |
Total other financial assets measured at amortized cost | 53,389 | $ 26,236 |
Increase (decrease) in debt securities | $ 25,700 |
Other non-financial assets (Det
Other non-financial assets (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Precious metals and other physical commodities | $ 4,471 | $ 5,258 |
Deposits and collateral provided in connection with litigation, regulatory and similar matters | 2,205 | 1,526 |
Prepaid expenses | 1,076 | 1,108 |
VAT and other tax receivables | 1,468 | 638 |
Properties and other non-current assets held for sale | 369 | 32 |
Assets of disposal groups held for sale | 1,093 | |
Other | 578 | 621 |
Total other non-financial assets | 10,166 | 10,277 |
UBS AG | ||
Entity [Table] | ||
Precious metals and other physical commodities | 4,471 | 5,258 |
Deposits and collateral provided in connection with litigation, regulatory and similar matters | 2,205 | 1,526 |
Prepaid expenses | 709 | 717 |
VAT and other tax receivables | 1,405 | 591 |
Properties and other non-current assets held for sale | 279 | 32 |
Assets of disposal groups held for sale | 1,093 | |
Other | 583 | 618 |
Total other non-financial assets | $ 9,652 | $ 9,836 |
Customer deposits (Detail)
Customer deposits (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Deposits From Customers [Table] | ||
Demand deposits | $ 180,822 | $ 246,417 |
Retail savings / deposits | 149,310 | 133,354 |
Sweep deposits | 69,223 | 113,870 |
Time deposits | 125,696 | 48,365 |
Customer deposits | 525,051 | 542,007 |
UBS AG | ||
Deposits From Customers [Table] | ||
Demand deposits | 182,307 | 247,299 |
Retail savings / deposits | 149,310 | 133,354 |
Sweep deposits | 69,223 | 113,870 |
Time deposits | 126,331 | 50,312 |
Customer deposits | $ 527,171 | $ 544,834 |
Funding from Group and other su
Funding from Group and other subsidiaries (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Senior unsecured debt that contributes to total loss-absorbing capacity (TLAC) | $ 1,959 | $ 2,136 |
High-trigger loss-absorbing additional tier 1 capital instruments | 9,882 | 11,052 |
Low-trigger loss-absorbing additional tier 1 capital instruments | 1,189 | 2,425 |
UBS AG | ||
Entity [Table] | ||
Senior unsecured debt that contributes to total loss-absorbing capacity (TLAC) | 42,073 | 38,984 |
Senior unsecured debt other than TLAC | 236 | 4,471 |
Subordinated bonds | 13,838 | 13,840 |
High-trigger loss-absorbing additional tier 1 capital instruments | 10,654 | 11,414 |
Low-trigger loss-absorbing additional tier 1 capital instruments | 1,187 | 2,426 |
Total | $ 56,147 | $ 57,295 |
Debt issued designated at fai_3
Debt issued designated at fair value (Detail 1) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Issued debt instruments | ||
Equity-linked | $ 41,901 | $ 47,059 |
Rates-linked | 16,276 | 16,369 |
Credit-linked | 2,170 | 1,723 |
Fixed-rate | 6,538 | 2,868 |
Commodity-linked | 4,294 | 2,911 |
Other | 2,459 | 2,868 |
of which: debt that contributes to total loss-absorbing capacity | 1,959 | 2,136 |
Total debt issued designated at fair value | 73,638 | 73,799 |
of which: issued by UBS AG with original maturity greater than one year | $ 57,750 | $ 57,967 |
Unsecured portion of issued debt instruments with original maturity greater than one year | 100% | 100% |
UBS AG | ||
Issued debt instruments | ||
Equity-linked | $ 41,901 | $ 47,059 |
Rates-linked | 16,276 | 16,369 |
Credit-linked | 2,170 | 1,723 |
Fixed-rate | 6,538 | 2,868 |
Commodity-linked | 4,294 | 2,911 |
Other | 663 | 529 |
of which: debt that contributes to total loss-absorbing capacity | 42,073 | 38,984 |
Total debt issued designated at fair value | 71,842 | 71,460 |
of which: issued by UBS AG with original maturity greater than one year | $ 57,750 | $ 57,967 |
Unsecured portion of issued debt instruments with original maturity greater than one year | 100% | 100% |
Debt issued measured at amort_2
Debt issued measured at amortized cost (Detail 1) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Short-term debt | $ 29,676 | $ 43,098 |
Senior unsecured debt that contributes to total loss-absorbing capacity (TLAC) | 42,073 | 38,984 |
Senior unsecured debt other than TLAC | 17,892 | 27,590 |
of which: issued by UBS AG with original maturity greater than one year | 17,892 | 23,307 |
Covered bonds | 0 | 1,389 |
Subordinated debt | 16,017 | 18,640 |
of which: high-trigger loss-absorbing additional tier 1 capital instruments | 9,882 | 11,052 |
of which: low-trigger loss-absorbing additional tier 1 capital instruments | 1,189 | 2,425 |
of which: low-trigger loss-absorbing tier 2 capital instruments | 2,422 | 2,596 |
of which: non-Basel III-compliant tier 2 capital instruments | 536 | 547 |
Debt issued through the Swiss central mortgage institutions | 8,962 | 9,454 |
Long-term debt | 84,945 | 96,057 |
Total debt issued measured at amortized cost | 114,621 | 139,155 |
UBS AG | ||
Entity [Table] | ||
Short-term debt | 29,676 | 43,098 |
Senior unsecured debt other than TLAC | 17,892 | 23,328 |
of which: issued by UBS AG with original maturity greater than one year | 17,892 | 23,307 |
Covered bonds | 0 | 1,389 |
Subordinated debt | 2,968 | 5,163 |
of which: high-trigger loss-absorbing additional tier 1 capital instruments | 10,654 | 11,414 |
of which: low-trigger loss-absorbing additional tier 1 capital instruments | 1,187 | 2,426 |
of which: low-trigger loss-absorbing tier 2 capital instruments | 2,422 | 2,596 |
of which: non-Basel III-compliant tier 2 capital instruments | 536 | 547 |
Debt issued through the Swiss central mortgage institutions | 8,962 | 9,454 |
Long-term debt | 29,823 | 39,334 |
Total debt issued measured at amortized cost | $ 59,499 | $ 82,432 |
Debt issued measured at amort_3
Debt issued measured at amortized cost (Narrative) (Detail) - USD ($) $ in Billions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Hedge accounting impact on carrying amount | $ (6.1) | $ 0.5 |
UBS AG | ||
Entity [Table] | ||
Hedge accounting impact on carrying amount | $ (1) | $ 0.3 |
Provisions (Detail)
Provisions (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Provisions other than provisions for expected credit losses | $ 3,042 | $ 3,322 |
Provisions for expected credit losses | 201 | 196 |
Total provisions | 3,243 | 3,518 |
UBS AG | ||
Entity [Table] | ||
Provisions other than provisions for expected credit losses | 2,982 | 3,256 |
Provisions for expected credit losses | 201 | 196 |
Total provisions | $ 3,183 | $ 3,452 |
Provisions - additional informa
Provisions - additional information (Detail) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Provisions [Table] | ||
Balance at the beginning of period | $ 3,322 | |
Increase in provisions recognized in the income statement | 690 | |
Release of provisions recognized in the income statement | (118) | |
Provisions used in conformity with designated purpose | (745) | |
Capitalized reinstatement costs | 1 | |
Foreign currency translation / unwind of discount | (108) | |
Balance at the end of period | 3,042 | |
Litigation, regulatory and similar matters | ||
Provisions [Table] | ||
Balance at the beginning of period | 2,798 | |
Increase in provisions recognized in the income statement | 406 | |
Release of provisions recognized in the income statement | (58) | |
Provisions used in conformity with designated purpose | (470) | |
Capitalized reinstatement costs | 0 | |
Reclassifications | 0 | |
Foreign currency translation / unwind of discount | (91) | |
Balance at the end of period | 2,586 | |
Restructuring | ||
Provisions [Table] | ||
Balance at the beginning of period | 172 | |
Increase in provisions recognized in the income statement | 231 | |
Release of provisions recognized in the income statement | (25) | |
Provisions used in conformity with designated purpose | (243) | |
Capitalized reinstatement costs | 0 | |
Foreign currency translation / unwind of discount | (5) | |
Balance at the end of period | 130 | |
Personnel-related restructuring provisions | 102 | $ 125 |
Provisions for onerous restructuring contracts | 28 | 47 |
Other | ||
Provisions [Table] | ||
Balance at the beginning of period | 352 | |
Increase in provisions recognized in the income statement | 53 | |
Release of provisions recognized in the income statement | (36) | |
Provisions used in conformity with designated purpose | (32) | |
Capitalized reinstatement costs | 1 | |
Foreign currency translation / unwind of discount | (12) | |
Balance at the end of period | 326 | |
UBS AG | ||
Provisions [Table] | ||
Balance at the beginning of period | 3,256 | |
Increase in provisions recognized in the income statement | 629 | |
Release of provisions recognized in the income statement | (109) | |
Provisions used in conformity with designated purpose | (689) | |
Capitalized reinstatement costs | 1 | |
Foreign currency translation / unwind of discount | (106) | |
Balance at the end of period | 2,982 | |
UBS AG | Litigation, regulatory and similar matters | ||
Provisions [Table] | ||
Balance at the beginning of period | 2,798 | |
Increase in provisions recognized in the income statement | 406 | |
Release of provisions recognized in the income statement | (57) | |
Provisions used in conformity with designated purpose | (470) | |
Capitalized reinstatement costs | 0 | |
Foreign currency translation / unwind of discount | (90) | |
Balance at the end of period | 2,586 | |
UBS AG | Restructuring | ||
Provisions [Table] | ||
Balance at the beginning of period | 137 | |
Increase in provisions recognized in the income statement | 174 | |
Release of provisions recognized in the income statement | (19) | |
Provisions used in conformity with designated purpose | (189) | |
Capitalized reinstatement costs | 0 | |
Foreign currency translation / unwind of discount | (5) | |
Balance at the end of period | 98 | |
Personnel-related restructuring provisions | 70 | 90 |
Provisions for onerous restructuring contracts | 28 | $ 47 |
UBS AG | Other | ||
Provisions [Table] | ||
Balance at the beginning of period | 321 | |
Increase in provisions recognized in the income statement | 49 | |
Release of provisions recognized in the income statement | (32) | |
Provisions used in conformity with designated purpose | (31) | |
Capitalized reinstatement costs | 1 | |
Foreign currency translation / unwind of discount | (11) | |
Balance at the end of period | $ 297 |
Litigation, regulatory and si_2
Litigation, regulatory and similar matters (Detail) $ in Millions | 12 Months Ended |
Dec. 31, 2022 USD ($) | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | $ 3,322 |
Increase in provisions recognized in the income statement | 690 |
Release of provisions recognized in the income statement | (118) |
Provisions used in conformity with designated purpose | (745) |
Foreign currency translation / unwind of discount | (108) |
Balance at the end of period | 3,042 |
Litigation, regulatory and similar matters | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 2,798 |
Increase in provisions recognized in the income statement | 406 |
Release of provisions recognized in the income statement | (58) |
Provisions used in conformity with designated purpose | (470) |
Reclassifications | 0 |
Foreign currency translation / unwind of discount | (91) |
Balance at the end of period | 2,586 |
Litigation, regulatory and similar matters | Global Wealth Management | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 1,338 |
Increase in provisions recognized in the income statement | 268 |
Release of provisions recognized in the income statement | (23) |
Provisions used in conformity with designated purpose | (331) |
Reclassifications | 0 |
Foreign currency translation / unwind of discount | (70) |
Balance at the end of period | 1,182 |
Litigation, regulatory and similar matters | Personal & Corporate Banking | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 181 |
Increase in provisions recognized in the income statement | 2 |
Release of provisions recognized in the income statement | (15) |
Provisions used in conformity with designated purpose | 0 |
Reclassifications | 0 |
Foreign currency translation / unwind of discount | (9) |
Balance at the end of period | 159 |
Litigation, regulatory and similar matters | Asset Management | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 8 |
Increase in provisions recognized in the income statement | 1 |
Release of provisions recognized in the income statement | 0 |
Provisions used in conformity with designated purpose | 0 |
Reclassifications | 0 |
Foreign currency translation / unwind of discount | 0 |
Balance at the end of period | 8 |
Litigation, regulatory and similar matters | Investment Bank | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 310 |
Increase in provisions recognized in the income statement | 129 |
Release of provisions recognized in the income statement | (8) |
Provisions used in conformity with designated purpose | (115) |
Reclassifications | 4 |
Foreign currency translation / unwind of discount | (11) |
Balance at the end of period | 308 |
Litigation, regulatory and similar matters | Group Functions | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 962 |
Increase in provisions recognized in the income statement | 6 |
Release of provisions recognized in the income statement | (12) |
Provisions used in conformity with designated purpose | (23) |
Reclassifications | (4) |
Foreign currency translation / unwind of discount | 0 |
Balance at the end of period | 928 |
UBS AG | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 3,256 |
Increase in provisions recognized in the income statement | 629 |
Release of provisions recognized in the income statement | (109) |
Provisions used in conformity with designated purpose | (689) |
Foreign currency translation / unwind of discount | (106) |
Balance at the end of period | 2,982 |
UBS AG | Litigation, regulatory and similar matters | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 2,798 |
Increase in provisions recognized in the income statement | 406 |
Release of provisions recognized in the income statement | (57) |
Provisions used in conformity with designated purpose | (470) |
Foreign currency translation / unwind of discount | (90) |
Balance at the end of period | 2,586 |
UBS AG | Litigation, regulatory and similar matters | Global Wealth Management | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 1,338 |
Increase in provisions recognized in the income statement | 268 |
Release of provisions recognized in the income statement | (23) |
Provisions used in conformity with designated purpose | (331) |
Foreign currency translation / unwind of discount | (70) |
Balance at the end of period | 1,182 |
UBS AG | Litigation, regulatory and similar matters | Personal & Corporate Banking | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 181 |
Increase in provisions recognized in the income statement | 2 |
Release of provisions recognized in the income statement | (15) |
Provisions used in conformity with designated purpose | 0 |
Foreign currency translation / unwind of discount | (9) |
Balance at the end of period | 159 |
UBS AG | Litigation, regulatory and similar matters | Asset Management | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 8 |
Increase in provisions recognized in the income statement | 1 |
Release of provisions recognized in the income statement | 0 |
Provisions used in conformity with designated purpose | 0 |
Foreign currency translation / unwind of discount | 0 |
Balance at the end of period | 8 |
UBS AG | Litigation, regulatory and similar matters | Investment Bank | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 310 |
Increase in provisions recognized in the income statement | 129 |
Release of provisions recognized in the income statement | (8) |
Provisions used in conformity with designated purpose | (115) |
Foreign currency translation / unwind of discount | (11) |
Balance at the end of period | 308 |
UBS AG | Litigation, regulatory and similar matters | Group Functions | |
Disclosure Of Operating Segments [Table] | |
Balance at the beginning of period | 962 |
Increase in provisions recognized in the income statement | 6 |
Release of provisions recognized in the income statement | (12) |
Provisions used in conformity with designated purpose | (23) |
Foreign currency translation / unwind of discount | 0 |
Balance at the end of period | $ 928 |
Litigation, regulatory and si_3
Litigation, regulatory and similar matters (Narrative) (Detail) - 12 months ended Dec. 31, 2022 € in Thousands, $ in Millions | EUR (€) | USD ($) | USD ($) |
Inquiries regarding cross-border wealth management businesses | Investigations in France | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Fine decision French Court | € | € 3,700,000 | ||
Civil damages award announcement of the French Court | € | 800,000 | ||
Provision recorded to cover pending legal case | 1,100,000 | $ 1,200 | |
Inquiries regarding cross-border wealth management businesses | Investigations in France involving UBS AG | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Bail ("caution") ordered to be paid | € | 1,100,000 | ||
Fine decision French Court of Appeal | € | 3,750 | ||
Bail ("caution") ordered to be confiscated, verdict of the French Court of Appeal | € | 1,000,000 | ||
Civil damages award announcement of the French Court of Appeal | € | 800,000 | ||
Civil damages award deducted from the bail, announcement of the French Court of Appeal | € | 99,000 | ||
Madoff | claims filed in Luxembourg by liquidators of two Luxembourg funds against UBS entities, non-UBS entities and certain individuals | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Minimum total claims against all defendants | € | 2,100,000 | ||
Madoff | claims filed in the US by BMIS Trustee against UBS entities and various other parties | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Amounts claimed | $ 125 | ||
Minimum total claims against all defendants | 2,000 | ||
Puerto Rico | Customer arbitration claims | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Settlement made | 3,370 | ||
Amounts claimed | 3,420 | ||
Puerto Rico | Action filed on behalf of Employee Retirement System of the Commonwealth of Puerto Rico (System) against over 40 defendants | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Minimum total claims against all defendants | 800 | ||
Amount of bonds issued and underwritten by the System | 3,000 | ||
Puerto Rico | Claims filed by four US insurance companies that insured issues of Puerto Rico municipal bonds | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Minimum total claims against all defendants | 955 | ||
Puerto Rico | Complaints filed by the oversight board | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Amount in dispute | 125 | ||
Puerto Rico | Shareholder derivative action | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Agreed settlement pending approval | 15 | ||
Foreign exchange, LIBOR and benchmark rates, and other trading practices | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Fine provided in announcement of the European Commission | € | 172,000 | ||
Foreign exchange, LIBOR and benchmark rates, and other trading practices - Foreign exchange-related civil litigation | Claims under the Commodity Exchange Act | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Settlement made | 141 | ||
Communications recordkeeping | SEC investigation | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Civil monetary penalty agreed to be paid | 125 | ||
Communications recordkeeping | CFTC investigation | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Civil monetary penalty agreed to be paid | 75 | ||
UBS AG | Inquiries regarding cross-border wealth management businesses | Investigations in France | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Fine decision French Court | € | 3,700,000 | ||
Civil damages award announcement of the French Court | € | 800,000 | ||
Provision recorded to cover pending legal case | 1,100,000 | $ 1,200 | |
UBS AG | Inquiries regarding cross-border wealth management businesses | Investigations in France involving UBS AG | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Bail ("caution") ordered to be paid | € | 1,100,000 | ||
Fine decision French Court of Appeal | € | 3,750 | ||
Bail ("caution") ordered to be confiscated, verdict of the French Court of Appeal | € | 1,000,000 | ||
Civil damages award announcement of the French Court of Appeal | € | 800,000 | ||
Civil damages award deducted from the bail, announcement of the French Court of Appeal | € | 99,000 | ||
UBS AG | Madoff | claims filed in Luxembourg by liquidators of two Luxembourg funds against UBS entities, non-UBS entities and certain individuals | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Minimum total claims against all defendants | € | 2,100,000 | ||
UBS AG | Madoff | claims filed in the US by BMIS Trustee against UBS entities and various other parties | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Amounts claimed | 125 | ||
Minimum total claims against all defendants | 2,000 | ||
UBS AG | Puerto Rico | Customer arbitration claims | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Settlement made | 3,370 | ||
Amounts claimed | 3,420 | ||
UBS AG | Puerto Rico | Action filed on behalf of Employee Retirement System of the Commonwealth of Puerto Rico (System) against over 40 defendants | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Minimum total claims against all defendants | 800 | ||
Amount of bonds issued and underwritten by the System | 3,000 | ||
UBS AG | Puerto Rico | Claims filed by four US insurance companies that insured issues of Puerto Rico municipal bonds | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Minimum total claims against all defendants | 955 | ||
UBS AG | Puerto Rico | Complaints filed by the oversight board | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Amount in dispute | 125 | ||
UBS AG | Puerto Rico | Shareholder derivative action | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Agreed settlement pending approval | 15 | ||
UBS AG | Foreign exchange, LIBOR and benchmark rates, and other trading practices | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Fine provided in announcement of the European Commission | € | € 172,000 | ||
UBS AG | Foreign exchange, LIBOR and benchmark rates, and other trading practices - Foreign exchange-related civil litigation | Claims under the Commodity Exchange Act | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Settlement made | 141 | ||
UBS AG | Communications recordkeeping | SEC investigation | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Civil monetary penalty agreed to be paid | 125 | ||
UBS AG | Communications recordkeeping | CFTC investigation | |||
Disclosure Of Litigation Regulatory And Similar Matters [Table] | |||
Civil monetary penalty agreed to be paid | $ 75 |
Other financial liabilities mea
Other financial liabilities measured at amortized cost (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Other accrued expenses | $ 1,760 | $ 1,876 |
Accrued interest expenses | 1,949 | 1,094 |
Settlement and clearing accounts | 1,075 | 1,304 |
Lease liabilities | 3,334 | 3,558 |
Other | 1,457 | 1,167 |
Total other financial liabilities measured at amortized cost | 9,575 | 9,001 |
UBS AG | ||
Entity [Table] | ||
Other accrued expenses | 1,564 | 1,642 |
Accrued interest expenses | 2,008 | 1,134 |
Settlement and clearing accounts | 1,060 | 1,282 |
Lease liabilities | 3,211 | 3,438 |
Other | 2,549 | 2,269 |
Total other financial liabilities measured at amortized cost | $ 10,391 | $ 9,765 |
Other financial liabilities des
Other financial liabilities designated at fair value (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Financial liabilities related to unit-linked investment contracts | $ 13,221 | $ 21,466 |
Securities financing transactions | 15,333 | 6,377 |
Over-the-counter debt instruments and other | 1,684 | 2,231 |
Total other financial liabilities designated at fair value | 30,237 | 30,074 |
UBS AG | ||
Entity [Table] | ||
Financial liabilities related to unit-linked investment contracts | 13,221 | 21,466 |
Securities financing transactions | 15,333 | 6,377 |
Over-the-counter debt instruments and other | 1,684 | 2,231 |
Funding from UBS Group AG and its subsidiaries | 1,796 | 2,340 |
Total other financial liabilities designated at fair value | $ 32,033 | $ 32,414 |
Other non-financial liabilities
Other non-financial liabilities (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Compensation-related liabilities | $ 6,822 | $ 7,257 |
of which: Deferred Contingent Capital Plan | 1,614 | 1,628 |
of which: financial advisor compensation plans | 1,463 | 1,512 |
of which: other compensation plans | 2,680 | 2,846 |
of which: net defined benefit liability | 469 | 633 |
of which: other compensation-related liabilities | 596 | 638 |
Current tax liabilities | 1,071 | 1,398 |
Deferred tax liabilities | 236 | 300 |
VAT, withholding tax and other tax payables | 592 | 590 |
Deferred income | 235 | 240 |
Liabilities of disposal group held for sale | 1,298 | |
Other | 84 | 68 |
Total other non-financial liabilities | 9,040 | 11,151 |
UBS AG | ||
Entity [Table] | ||
Compensation-related liabilities | 4,424 | 4,795 |
of which: financial advisor compensation plans | 1,463 | 1,512 |
of which: other compensation plans | 2,023 | 2,140 |
of which: net defined benefit liability | 449 | 617 |
of which: other compensation-related liabilities | 490 | 526 |
Current tax liabilities | 1,044 | 1,365 |
Deferred tax liabilities | 233 | 297 |
VAT, withholding tax and other tax payables | 472 | 524 |
Deferred income | 233 | 225 |
Liabilities of disposal group held for sale | 1,298 | |
Other | 84 | 68 |
Total other non-financial liabilities | $ 6,489 | $ 8,572 |
Expected credit loss measurem_7
Expected credit loss measurement - ECL for the period (Narrative) (Detail 1) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | $ 29 | $ (148) | $ 694 |
Total ECL allowances and provisions | (1,091) | (1,165) | (1,468) |
Baseline ECL scenario | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (329) | (387) | |
Global crisis | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (638) | ||
Model updates | |||
Disclosure Of Provision Matrix [Table] | |||
Development of ECL allowances and provisions | 30 | ||
Post-model adjustment updates | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (131) | (224) | |
Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 39 | (86) | 257 |
Personal & Corporate Banking | Model updates | |||
Disclosure Of Provision Matrix [Table] | |||
Development of ECL allowances and provisions | 11 | ||
Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (12) | (34) | 305 |
Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 0 | (29) | 88 |
Global Wealth Management | Model updates | |||
Disclosure Of Provision Matrix [Table] | |||
Development of ECL allowances and provisions | 19 | ||
Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 3 | 0 | 42 |
Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 29 | (123) | 266 |
Positions that are not credit impaired | Update of the forward-looking scenarios | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 123 | ||
Positions that are not credit impaired | Model updates | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (30) | ||
Positions that are not credit impaired | Post-model adjustment updates | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (77) | ||
Positions that are not credit impaired | Book size and quality changes | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 13 | ||
Positions that are not credit impaired | Lending to corporate clients not secured by mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (21) | ||
Positions that are not credit impaired | Lending secured by mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (16) | ||
Positions that are not credit impaired | Other lending | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 9 | ||
Positions that are not credit impaired | Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 27 | (62) | 129 |
Positions that are not credit impaired | Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 6 | (34) | 88 |
Positions that are not credit impaired | Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (5) | (28) | 48 |
Positions that are not credit impaired | Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 1 | 0 | 0 |
Credit-impaired positions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 0 | (25) | 429 |
Credit-impaired positions | Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 12 | (24) | 128 |
Credit-impaired positions | Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (18) | 0 | 217 |
Credit-impaired positions | Investment Bank | Single defaulted travel industry-related counterparty | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (28) | ||
Credit-impaired positions | Investment Bank | Various positions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 10 | ||
Credit-impaired positions | Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 5 | (1) | 40 |
Credit-impaired positions | Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 2 | 0 | 42 |
UBS AG | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 29 | (148) | 695 |
Total ECL allowances and provisions | (1,091) | (1,165) | (1,468) |
UBS AG | Baseline ECL scenario | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (329) | (387) | |
UBS AG | Global crisis | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (638) | ||
UBS AG | Model updates | |||
Disclosure Of Provision Matrix [Table] | |||
Development of ECL allowances and provisions | 30 | ||
UBS AG | Post-model adjustment updates | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (131) | (224) | |
UBS AG | Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 39 | (86) | 257 |
UBS AG | Personal & Corporate Banking | Model updates | |||
Disclosure Of Provision Matrix [Table] | |||
Development of ECL allowances and provisions | 11 | ||
UBS AG | Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (12) | (34) | 305 |
UBS AG | Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 0 | (29) | 88 |
UBS AG | Global Wealth Management | Model updates | |||
Disclosure Of Provision Matrix [Table] | |||
Development of ECL allowances and provisions | 19 | ||
UBS AG | Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 3 | 0 | 42 |
UBS AG | Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 29 | (123) | 266 |
UBS AG | Positions that are not credit impaired | Update of the forward-looking scenarios | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 123 | ||
UBS AG | Positions that are not credit impaired | Model updates | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (30) | ||
UBS AG | Positions that are not credit impaired | Post-model adjustment updates | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (77) | ||
UBS AG | Positions that are not credit impaired | Book size and quality changes | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 13 | ||
UBS AG | Positions that are not credit impaired | Lending to corporate clients not secured by mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (21) | ||
UBS AG | Positions that are not credit impaired | Lending secured by mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (16) | ||
UBS AG | Positions that are not credit impaired | Other lending | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 9 | ||
UBS AG | Positions that are not credit impaired | Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 27 | (62) | 129 |
UBS AG | Positions that are not credit impaired | Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 6 | (34) | 88 |
UBS AG | Positions that are not credit impaired | Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (5) | (28) | 48 |
UBS AG | Positions that are not credit impaired | Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 1 | 0 | 0 |
UBS AG | Credit-impaired positions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 0 | (25) | 429 |
UBS AG | Credit-impaired positions | Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 12 | (24) | 128 |
UBS AG | Credit-impaired positions | Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (18) | 0 | 217 |
UBS AG | Credit-impaired positions | Investment Bank | Single defaulted travel industry-related counterparty | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | (28) | ||
UBS AG | Credit-impaired positions | Investment Bank | Various positions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 10 | ||
UBS AG | Credit-impaired positions | Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | 5 | (1) | 40 |
UBS AG | Credit-impaired positions | Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss expense / (release) | $ 2 | $ 0 | $ 42 |
Expected credit loss measurem_8
Expected credit loss measurement - Credit loss (expense) / release (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | $ (29) | $ 148 | $ (694) |
Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 0 | 29 | (88) |
Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (39) | 86 | (257) |
Asset Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 0 | (1) | (2) |
Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 12 | 34 | (305) |
Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (3) | 0 | (42) |
Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (29) | 123 | (266) |
Positions that are not credit impaired | Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 5 | 28 | (48) |
Positions that are not credit impaired | Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (27) | 62 | (129) |
Positions that are not credit impaired | Asset Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 0 | 0 | 0 |
Positions that are not credit impaired | Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (6) | 34 | (88) |
Positions that are not credit impaired | Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (1) | 0 | 0 |
Credit-impaired positions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 0 | 25 | (429) |
Credit-impaired positions | Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (5) | 1 | (40) |
Credit-impaired positions | Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (12) | 24 | (128) |
Credit-impaired positions | Asset Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 0 | (1) | (2) |
Credit-impaired positions | Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 18 | 0 | (217) |
Credit-impaired positions | Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (2) | 0 | (42) |
UBS AG | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (29) | 148 | (695) |
UBS AG | Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 0 | 29 | (88) |
UBS AG | Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (39) | 86 | (257) |
UBS AG | Asset Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 0 | (1) | (2) |
UBS AG | Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 12 | 34 | (305) |
UBS AG | Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (3) | 0 | (42) |
UBS AG | Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (29) | 123 | (266) |
UBS AG | Positions that are not credit impaired | Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 5 | 28 | (48) |
UBS AG | Positions that are not credit impaired | Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (27) | 62 | (129) |
UBS AG | Positions that are not credit impaired | Asset Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 0 | 0 | 0 |
UBS AG | Positions that are not credit impaired | Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (6) | 34 | (88) |
UBS AG | Positions that are not credit impaired | Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (1) | 0 | 0 |
UBS AG | Credit-impaired positions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 0 | 25 | (429) |
UBS AG | Credit-impaired positions | Global Wealth Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (5) | 1 | (40) |
UBS AG | Credit-impaired positions | Personal & Corporate Banking | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | (12) | 24 | (128) |
UBS AG | Credit-impaired positions | Asset Management | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 0 | (1) | (2) |
UBS AG | Credit-impaired positions | Investment Bank | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | 18 | 0 | (217) |
UBS AG | Credit-impaired positions | Group Functions | |||
Disclosure Of Provision Matrix [Table] | |||
Credit loss (expense) / release | $ (2) | $ 0 | $ (42) |
Expected credit loss measurem_9
Expected credit loss measurement - ECL scenario weights (Narrative) (Detail 2) | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Asset Price Inflation | ||
Disclosure Of Provision Matrix [Table] | ||
Assigned weights | 0% | 5% |
Baseline ECL scenario | ||
Disclosure Of Provision Matrix [Table] | ||
Assigned weights | 60% | 55% |
Mild global interest rate steepening | ||
Disclosure Of Provision Matrix [Table] | ||
Assigned weights | 0% | 10% |
Stagflationary Geopolitical Crisis | ||
Disclosure Of Provision Matrix [Table] | ||
Assigned weights | 25% | 0% |
Global crisis | ||
Disclosure Of Provision Matrix [Table] | ||
Assigned weights | 15% | 30% |
UBS AG | Asset Price Inflation | ||
Disclosure Of Provision Matrix [Table] | ||
Assigned weights | 0% | 5% |
UBS AG | Baseline ECL scenario | ||
Disclosure Of Provision Matrix [Table] | ||
Assigned weights | 60% | 55% |
UBS AG | Mild global interest rate steepening | ||
Disclosure Of Provision Matrix [Table] | ||
Assigned weights | 0% | 10% |
UBS AG | Stagflationary Geopolitical Crisis | ||
Disclosure Of Provision Matrix [Table] | ||
Assigned weights | 25% | 0% |
UBS AG | Global crisis | ||
Disclosure Of Provision Matrix [Table] | ||
Assigned weights | 15% | 30% |
Expected credit loss measure_10
Expected credit loss measurement - Scenario assumptions (Detail) | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Asset Price Inflation | Within 1 year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4% | 9.10% |
Asset Price Inflation | Within 1 year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3% | 9.40% |
Asset Price Inflation | Within 1 year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3% | 5.50% |
Asset Price Inflation | Within 1 year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.50% | 3.10% |
Asset Price Inflation | Within 1 year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.30% | 2.30% |
Asset Price Inflation | Within 1 year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.10% | 1.80% |
Asset Price Inflation | Within 1 year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3% | 3% |
Asset Price Inflation | Within 1 year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6% | 6.20% |
Asset Price Inflation | Within 1 year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.70% | 2.30% |
Asset Price Inflation | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.25% | 0.50% |
Asset Price Inflation | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.20% | 0.40% |
Asset Price Inflation | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.25% | 0.50% |
Asset Price Inflation | Within 1 year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 20% | 12% |
Asset Price Inflation | Within 1 year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 17% | 16% |
Asset Price Inflation | Within 1 year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 14% | 14% |
Asset Price Inflation | Within 1 year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.60% | 5.10% |
Asset Price Inflation | Within 1 year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7.80% | 8.40% |
Asset Price Inflation | Within 1 year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7% | 10% |
Asset Price Inflation | cumulative 3-year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.10% | 17.80% |
Asset Price Inflation | cumulative 3-year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.20% | 17.30% |
Asset Price Inflation | cumulative 3-year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.60% | 13.10% |
Asset Price Inflation | cumulative 3-year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 8.10% | 9.50% |
Asset Price Inflation | cumulative 3-year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7.40% | 8% |
Asset Price Inflation | cumulative 3-year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.20% | 6.10% |
Asset Price Inflation | cumulative 3-year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3% | 3% |
Asset Price Inflation | cumulative 3-year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6% | 6% |
Asset Price Inflation | cumulative 3-year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.50% | 1.60% |
Asset Price Inflation | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.70% | 1.70% |
Asset Price Inflation | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.575% | 1.40% |
Asset Price Inflation | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.625% | 1.50% |
Asset Price Inflation | cumulative 3-year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 51.70% | 35.50% |
Asset Price Inflation | cumulative 3-year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 42.90% | 41.60% |
Asset Price Inflation | cumulative 3-year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 37.90% | 37.90% |
Asset Price Inflation | cumulative 3-year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 14% | 15.50% |
Asset Price Inflation | cumulative 3-year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 19.10% | 17.80% |
Asset Price Inflation | cumulative 3-year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 15.40% | 21.70% |
Baseline ECL scenario | Within 1 year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.30%) | 4.40% |
Baseline ECL scenario | Within 1 year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.60% | 3.90% |
Baseline ECL scenario | Within 1 year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.70% | 2.40% |
Baseline ECL scenario | Within 1 year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.60% | 2.20% |
Baseline ECL scenario | Within 1 year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5% | 1.40% |
Baseline ECL scenario | Within 1 year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.60% | 0.30% |
Baseline ECL scenario | Within 1 year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.90% | 3.90% |
Baseline ECL scenario | Within 1 year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7% | 7.40% |
Baseline ECL scenario | Within 1 year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.30% | 2.50% |
Baseline ECL scenario | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.056%) | 0.165% |
Baseline ECL scenario | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.478% | 0.111% |
Baseline ECL scenario | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.457% | 0.121% |
Baseline ECL scenario | Within 1 year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7.40% | 14.10% |
Baseline ECL scenario | Within 1 year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 17.20% | 12.30% |
Baseline ECL scenario | Within 1 year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5.60% | 12.10% |
Baseline ECL scenario | Within 1 year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.10% | 4.40% |
Baseline ECL scenario | Within 1 year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.50%) | 3.50% |
Baseline ECL scenario | Within 1 year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.70%) | 5.10% |
Baseline ECL scenario | cumulative 3-year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.20% | 10.10% |
Baseline ECL scenario | cumulative 3-year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.50% | 7.50% |
Baseline ECL scenario | cumulative 3-year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.50% | 5.80% |
Baseline ECL scenario | cumulative 3-year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.50% | 6.30% |
Baseline ECL scenario | cumulative 3-year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.60% | 4.80% |
Baseline ECL scenario | cumulative 3-year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.90% | 1.70% |
Baseline ECL scenario | cumulative 3-year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5.30% | 3.50% |
Baseline ECL scenario | cumulative 3-year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7.10% | 7.20% |
Baseline ECL scenario | cumulative 3-year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.60% | 2.30% |
Baseline ECL scenario | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.132%) | 0.412% |
Baseline ECL scenario | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.447% | 0.349% |
Baseline ECL scenario | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.57% | 0.344% |
Baseline ECL scenario | cumulative 3-year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 22.80% | 24.70% |
Baseline ECL scenario | cumulative 3-year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 29.20% | 20.70% |
Baseline ECL scenario | cumulative 3-year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 19.30% | 19.10% |
Baseline ECL scenario | cumulative 3-year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.30% | 7.40% |
Baseline ECL scenario | cumulative 3-year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.60%) | 7.10% |
Baseline ECL scenario | cumulative 3-year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2% | 9.60% |
Mild global interest rate steepening | Within 1 year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.10%) | |
Mild global interest rate steepening | Within 1 year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.10%) | |
Mild global interest rate steepening | Within 1 year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.90%) | |
Mild global interest rate steepening | Within 1 year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5.70% | |
Mild global interest rate steepening | Within 1 year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4.20% | |
Mild global interest rate steepening | Within 1 year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.50% | |
Mild global interest rate steepening | Within 1 year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.10% | |
Mild global interest rate steepening | Within 1 year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 8.70% | |
Mild global interest rate steepening | Within 1 year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.40% | |
Mild global interest rate steepening | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.592% | |
Mild global interest rate steepening | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.838% | |
Mild global interest rate steepening | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.455% | |
Mild global interest rate steepening | Within 1 year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (27.00%) | |
Mild global interest rate steepening | Within 1 year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (23.40%) | |
Mild global interest rate steepening | Within 1 year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (22.90%) | |
Mild global interest rate steepening | Within 1 year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.30%) | |
Mild global interest rate steepening | Within 1 year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.00%) | |
Mild global interest rate steepening | Within 1 year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.30%) | |
Mild global interest rate steepening | cumulative 3-year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.80% | |
Mild global interest rate steepening | cumulative 3-year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.90% | |
Mild global interest rate steepening | cumulative 3-year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.10%) | |
Mild global interest rate steepening | cumulative 3-year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 13% | |
Mild global interest rate steepening | cumulative 3-year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 10.40% | |
Mild global interest rate steepening | cumulative 3-year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9% | |
Mild global interest rate steepening | cumulative 3-year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7.20% | |
Mild global interest rate steepening | cumulative 3-year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.10% | |
Mild global interest rate steepening | cumulative 3-year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4.20% | |
Mild global interest rate steepening | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.292% | |
Mild global interest rate steepening | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.493% | |
Mild global interest rate steepening | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.073% | |
Mild global interest rate steepening | cumulative 3-year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (21.80%) | |
Mild global interest rate steepening | cumulative 3-year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (19.90%) | |
Mild global interest rate steepening | cumulative 3-year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (19.60%) | |
Mild global interest rate steepening | cumulative 3-year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.80%) | |
Mild global interest rate steepening | cumulative 3-year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (7.60%) | |
Mild global interest rate steepening | cumulative 3-year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.70%) | |
Stagflationary Geopolitical Crisis | Within 1 year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.80%) | |
Stagflationary Geopolitical Crisis | Within 1 year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (5.60%) | |
Stagflationary Geopolitical Crisis | Within 1 year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.80%) | |
Stagflationary Geopolitical Crisis | Within 1 year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 10% | |
Stagflationary Geopolitical Crisis | Within 1 year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.60% | |
Stagflationary Geopolitical Crisis | Within 1 year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5.80% | |
Stagflationary Geopolitical Crisis | Within 1 year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.20% | |
Stagflationary Geopolitical Crisis | Within 1 year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 10.90% | |
Stagflationary Geopolitical Crisis | Within 1 year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4.30% | |
Stagflationary Geopolitical Crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.35% | |
Stagflationary Geopolitical Crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.50% | |
Stagflationary Geopolitical Crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.20% | |
Stagflationary Geopolitical Crisis | Within 1 year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (51.50%) | |
Stagflationary Geopolitical Crisis | Within 1 year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (51.60%) | |
Stagflationary Geopolitical Crisis | Within 1 year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (51.60%) | |
Stagflationary Geopolitical Crisis | Within 1 year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (16.70%) | |
Stagflationary Geopolitical Crisis | Within 1 year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (12.80%) | |
Stagflationary Geopolitical Crisis | Within 1 year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.40%) | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.40%) | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (5.70%) | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.90%) | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 15.80% | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 14.80% | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 10.70% | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 11.80% | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 12.20% | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5.10% | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.05% | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.20% | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.05% | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (45.60%) | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (47.20%) | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (47.20%) | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (32.90%) | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (35.80%) | |
Stagflationary Geopolitical Crisis | cumulative 3-year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (14.70%) | |
Global crisis | Within 1 year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (6.40%) | (5.90%) |
Global crisis | Within 1 year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.50%) | (8.70%) |
Global crisis | Within 1 year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (6.70%) | (6.60%) |
Global crisis | Within 1 year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.50%) | (1.20%) |
Global crisis | Within 1 year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.70%) | (1.30%) |
Global crisis | Within 1 year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (1.80%) | (1.80%) |
Global crisis | Within 1 year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 10% | 10.90% |
Global crisis | Within 1 year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 11.90% | 12.90% |
Global crisis | Within 1 year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4.40% | 5.20% |
Global crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (3.26%) | (0.50%) |
Global crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.706%) | (0.35%) |
Global crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.097%) | (0.70%) |
Global crisis | Within 1 year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (50.00%) | (50.20%) |
Global crisis | Within 1 year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (50.00%) | (57.60%) |
Global crisis | Within 1 year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (46.00%) | (53.60%) |
Global crisis | Within 1 year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (19.90%) | (17.00%) |
Global crisis | Within 1 year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (19.30%) | (9.50%) |
Global crisis | Within 1 year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.90%) | (5.40%) |
Global crisis | cumulative 3-year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (1.80%) | (3.80%) |
Global crisis | cumulative 3-year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.30%) | (10.30%) |
Global crisis | cumulative 3-year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (3.70%) | (5.70%) |
Global crisis | cumulative 3-year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.20% | 0.40% |
Global crisis | cumulative 3-year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.70%) | (1.70%) |
Global crisis | cumulative 3-year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (1.60%) | (1.60%) |
Global crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.40% | 10.80% |
Global crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 13% | 15.10% |
Global crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4.90% | 5.90% |
Global crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.911%) | (0.15%) |
Global crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.465%) | (0.25%) |
Global crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (1.596%) | (0.35%) |
Global crisis | cumulative 3-year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (27.90%) | (40.10%) |
Global crisis | cumulative 3-year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (39.30%) | (50.40%) |
Global crisis | cumulative 3-year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (32.90%) | (44.20%) |
Global crisis | cumulative 3-year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (23.90%) | (30.00%) |
Global crisis | cumulative 3-year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (32.70%) | (26.30%) |
Global crisis | cumulative 3-year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (17.50%) | (10.80%) |
UBS AG | Asset Price Inflation | Within 1 year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4% | 9.10% |
UBS AG | Asset Price Inflation | Within 1 year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3% | 9.40% |
UBS AG | Asset Price Inflation | Within 1 year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3% | 5.50% |
UBS AG | Asset Price Inflation | Within 1 year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.50% | 3.10% |
UBS AG | Asset Price Inflation | Within 1 year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.30% | 2.30% |
UBS AG | Asset Price Inflation | Within 1 year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.10% | 1.80% |
UBS AG | Asset Price Inflation | Within 1 year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3% | 3% |
UBS AG | Asset Price Inflation | Within 1 year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6% | 6.20% |
UBS AG | Asset Price Inflation | Within 1 year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.70% | 2.30% |
UBS AG | Asset Price Inflation | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.25% | 0.50% |
UBS AG | Asset Price Inflation | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.20% | 0.40% |
UBS AG | Asset Price Inflation | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.25% | 0.50% |
UBS AG | Asset Price Inflation | Within 1 year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 20% | 12% |
UBS AG | Asset Price Inflation | Within 1 year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 17% | 16% |
UBS AG | Asset Price Inflation | Within 1 year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 14% | 14% |
UBS AG | Asset Price Inflation | Within 1 year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.60% | 5.10% |
UBS AG | Asset Price Inflation | Within 1 year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7.80% | 10% |
UBS AG | Asset Price Inflation | Within 1 year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7% | 8.40% |
UBS AG | Asset Price Inflation | cumulative 3-year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.10% | 17.80% |
UBS AG | Asset Price Inflation | cumulative 3-year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.20% | 17.30% |
UBS AG | Asset Price Inflation | cumulative 3-year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.60% | 13.10% |
UBS AG | Asset Price Inflation | cumulative 3-year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 8.10% | 9.50% |
UBS AG | Asset Price Inflation | cumulative 3-year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7.40% | 8% |
UBS AG | Asset Price Inflation | cumulative 3-year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.20% | 6.10% |
UBS AG | Asset Price Inflation | cumulative 3-year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3% | 3% |
UBS AG | Asset Price Inflation | cumulative 3-year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6% | 6% |
UBS AG | Asset Price Inflation | cumulative 3-year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.50% | 1.60% |
UBS AG | Asset Price Inflation | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.70% | 1.70% |
UBS AG | Asset Price Inflation | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.575% | 1.40% |
UBS AG | Asset Price Inflation | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.625% | 1.50% |
UBS AG | Asset Price Inflation | cumulative 3-year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 51.70% | 35.50% |
UBS AG | Asset Price Inflation | cumulative 3-year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 42.90% | 41.60% |
UBS AG | Asset Price Inflation | cumulative 3-year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 37.90% | 37.90% |
UBS AG | Asset Price Inflation | cumulative 3-year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 14% | 15.50% |
UBS AG | Asset Price Inflation | cumulative 3-year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 19.10% | 21.70% |
UBS AG | Asset Price Inflation | cumulative 3-year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 15.40% | 17.80% |
UBS AG | Baseline ECL scenario | Within 1 year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.30%) | 4.40% |
UBS AG | Baseline ECL scenario | Within 1 year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.60% | 3.90% |
UBS AG | Baseline ECL scenario | Within 1 year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.70% | 2.40% |
UBS AG | Baseline ECL scenario | Within 1 year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.60% | 2.20% |
UBS AG | Baseline ECL scenario | Within 1 year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5% | 1.40% |
UBS AG | Baseline ECL scenario | Within 1 year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.60% | 0.30% |
UBS AG | Baseline ECL scenario | Within 1 year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.90% | 3.90% |
UBS AG | Baseline ECL scenario | Within 1 year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7% | 7.40% |
UBS AG | Baseline ECL scenario | Within 1 year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.30% | 2.50% |
UBS AG | Baseline ECL scenario | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.056%) | 0.165% |
UBS AG | Baseline ECL scenario | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.478% | 0.111% |
UBS AG | Baseline ECL scenario | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.457% | 0.121% |
UBS AG | Baseline ECL scenario | Within 1 year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7.40% | 14.10% |
UBS AG | Baseline ECL scenario | Within 1 year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 17.20% | 12.30% |
UBS AG | Baseline ECL scenario | Within 1 year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5.60% | 12.10% |
UBS AG | Baseline ECL scenario | Within 1 year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.10% | 4.40% |
UBS AG | Baseline ECL scenario | Within 1 year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.50%) | 3.50% |
UBS AG | Baseline ECL scenario | Within 1 year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.70%) | 5.10% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.20% | 10.10% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.50% | 7.50% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.50% | 5.80% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.50% | 6.30% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.60% | 4.80% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.90% | 1.70% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5.30% | 3.50% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7.10% | 7.20% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.60% | 2.30% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.132%) | 0.412% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.447% | 0.349% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.57% | 0.344% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 22.80% | 24.70% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 29.20% | 20.70% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 19.30% | 19.10% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.30% | 7.40% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.60%) | 7.10% |
UBS AG | Baseline ECL scenario | cumulative 3-year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2% | 9.60% |
UBS AG | Mild global interest rate steepening | Within 1 year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.10%) | |
UBS AG | Mild global interest rate steepening | Within 1 year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.10%) | |
UBS AG | Mild global interest rate steepening | Within 1 year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.90%) | |
UBS AG | Mild global interest rate steepening | Within 1 year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5.70% | |
UBS AG | Mild global interest rate steepening | Within 1 year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4.20% | |
UBS AG | Mild global interest rate steepening | Within 1 year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.50% | |
UBS AG | Mild global interest rate steepening | Within 1 year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 6.10% | |
UBS AG | Mild global interest rate steepening | Within 1 year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 8.70% | |
UBS AG | Mild global interest rate steepening | Within 1 year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.40% | |
UBS AG | Mild global interest rate steepening | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.592% | |
UBS AG | Mild global interest rate steepening | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.838% | |
UBS AG | Mild global interest rate steepening | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.455% | |
UBS AG | Mild global interest rate steepening | Within 1 year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (27.00%) | |
UBS AG | Mild global interest rate steepening | Within 1 year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (23.40%) | |
UBS AG | Mild global interest rate steepening | Within 1 year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (22.90%) | |
UBS AG | Mild global interest rate steepening | Within 1 year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.30%) | |
UBS AG | Mild global interest rate steepening | Within 1 year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.30%) | |
UBS AG | Mild global interest rate steepening | Within 1 year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.00%) | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.80% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 0.90% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.10%) | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 13% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 10.40% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 7.20% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.10% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4.20% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.292% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.493% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 3.073% | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (21.80%) | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (19.90%) | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (19.60%) | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.80%) | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.70%) | |
UBS AG | Mild global interest rate steepening | cumulative 3-year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (7.60%) | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.80%) | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (5.60%) | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.80%) | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 10% | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.60% | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5.80% | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.20% | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 10.90% | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4.30% | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.35% | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.50% | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.20% | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (51.50%) | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (51.60%) | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (51.60%) | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (16.70%) | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (12.80%) | |
UBS AG | Stagflationary Geopolitical Crisis | Within 1 year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.40%) | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.40%) | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (5.70%) | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (4.90%) | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 15.80% | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 14.80% | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 10.70% | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 11.80% | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 12.20% | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 5.10% | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.05% | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.20% | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 2.05% | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (45.60%) | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (47.20%) | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (47.20%) | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (32.90%) | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (35.80%) | |
UBS AG | Stagflationary Geopolitical Crisis | cumulative 3-year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (14.70%) | |
UBS AG | Global crisis | Within 1 year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (6.40%) | (5.90%) |
UBS AG | Global crisis | Within 1 year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.50%) | (8.70%) |
UBS AG | Global crisis | Within 1 year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (6.70%) | (6.60%) |
UBS AG | Global crisis | Within 1 year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.50%) | (1.20%) |
UBS AG | Global crisis | Within 1 year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.70%) | (1.30%) |
UBS AG | Global crisis | Within 1 year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (1.80%) | (1.80%) |
UBS AG | Global crisis | Within 1 year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 10% | 10.90% |
UBS AG | Global crisis | Within 1 year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 11.90% | 12.90% |
UBS AG | Global crisis | Within 1 year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4.40% | 5.20% |
UBS AG | Global crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (3.26%) | (0.50%) |
UBS AG | Global crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.706%) | (0.35%) |
UBS AG | Global crisis | Within 1 year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.097%) | (0.70%) |
UBS AG | Global crisis | Within 1 year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (50.00%) | (50.20%) |
UBS AG | Global crisis | Within 1 year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (50.00%) | (57.60%) |
UBS AG | Global crisis | Within 1 year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (46.00%) | (53.60%) |
UBS AG | Global crisis | Within 1 year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (19.90%) | (17.00%) |
UBS AG | Global crisis | Within 1 year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (19.30%) | (9.50%) |
UBS AG | Global crisis | Within 1 year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.90%) | (5.40%) |
UBS AG | Global crisis | cumulative 3-year | Real GDP growth (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (1.80%) | (3.80%) |
UBS AG | Global crisis | cumulative 3-year | Real GDP growth (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (8.30%) | (10.30%) |
UBS AG | Global crisis | cumulative 3-year | Real GDP growth (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (3.70%) | (5.70%) |
UBS AG | Global crisis | cumulative 3-year | Consumer price index (% change) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 1.20% | 0.40% |
UBS AG | Global crisis | cumulative 3-year | Consumer price index (% change) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (0.70%) | (1.70%) |
UBS AG | Global crisis | cumulative 3-year | Consumer price index (% change) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (1.60%) | (1.60%) |
UBS AG | Global crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | United States | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 9.40% | 10.80% |
UBS AG | Global crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | Eurozone | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 13% | 15.10% |
UBS AG | Global crisis | cumulative 3-year | Unemployment rate (end-of-period level, %) | Switzerland | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | 4.90% | 5.90% |
UBS AG | Global crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | USD | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.911%) | (0.15%) |
UBS AG | Global crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | EUR | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (2.465%) | (0.25%) |
UBS AG | Global crisis | cumulative 3-year | Fixed income: 10-year government bonds (change in yields, basis points) | CHF | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (1.596%) | (0.35%) |
UBS AG | Global crisis | cumulative 3-year | Equity indices (% change) | S&P500 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (27.90%) | (40.10%) |
UBS AG | Global crisis | cumulative 3-year | Equity indices (% change) | EuroStoxx50 | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (39.30%) | (50.40%) |
UBS AG | Global crisis | cumulative 3-year | Equity indices (% change) | SPI | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (32.90%) | (44.20%) |
UBS AG | Global crisis | cumulative 3-year | Swiss real estate (% change) | Single Family Homes | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (23.90%) | (30.00%) |
UBS AG | Global crisis | cumulative 3-year | Other real estate (% change) | United States S&P / Case Shiller | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (32.70%) | (26.30%) |
UBS AG | Global crisis | cumulative 3-year | Other real estate (% change) | Eurozone House Price Index | ||
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | ||
Economic forecast | (17.50%) | (10.80%) |
Expected credit loss measure_11
Expected credit loss measurement - Development of ECL allowances and provisions (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | $ (1,091) | $ (1,165) | $ (1,468) |
ECL movement with profit or loss impact | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (29) | 148 | |
Net movement from new and derecognized transactions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (7) | (59) | |
Net movement from new and derecognized transactions | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | (7) | |
Net movement from new and derecognized transactions | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (3) | (7) | |
Net movement from new and derecognized transactions | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 8 | (13) | |
Net movement from new and derecognized transactions | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | (8) | |
Net movement from new and derecognized transactions | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | (24) | |
Net movement from new and derecognized transactions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Net movement from new and derecognized transactions | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | (21) | |
Remeasurements with stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (65) | (40) | |
Remeasurements with stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (10) | (9) | |
Remeasurements with stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 7 | (3) | |
Remeasurements with stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (33) | 2 | |
Remeasurements with stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (23) | (27) | |
Remeasurements with stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | (3) | |
Remeasurements with stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 1 | 0 | |
Remeasurements with stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 2 | |
Remeasurements without stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 13 | 203 | |
Remeasurements without stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (12) | 33 | |
Remeasurements without stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 13 | 30 | |
Remeasurements without stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 32 | 44 | |
Remeasurements without stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | 53 | |
Remeasurements without stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (15) | 44 | |
Remeasurements without stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (3) | 6 | |
Remeasurements without stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | 27 | |
Model changes | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 30 | 45 | |
Movements without profit or loss impact (write-off, FX and other) | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 104 | 154 | |
Positions that are not credit impaired | ECL movement with profit or loss impact | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (29) | ||
Positions that are not credit impaired | Remeasurements without stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (35) | ||
Positions that are not credit impaired | Remeasurements without stage transfers | Large and SME corporate lending | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (28) | ||
Positions that are not credit impaired | Remeasurements without stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | ||
Twelve-month expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (259) | (282) | (306) |
Twelve-month expected credit losses | Positions that are not credit impaired | ECL movement with profit or loss impact | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 20 | 19 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (21) | (72) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | (10) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (5) | (11) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | (21) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | (8) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | (23) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | (1) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (2) | (18) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 20 | 8 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 3 | 4 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | 1 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 16 | (2) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 2 | 5 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 1 | 0 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 2 | 1 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | (1) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | 55 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 5 | 8 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 3 | 13 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (11) | 5 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (10) | (1) | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 5 | 29 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 3 | 8 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 15 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Model changes | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 29 | 29 | |
Twelve-month expected credit losses | Positions that are not credit impaired | Movements without profit or loss impact (write-off, FX and other) | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 3 | 5 | |
Lifetime expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (267) | (220) | (333) |
Lifetime expected credit losses | Positions that are not credit impaired | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (107) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (23) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (65) | ||
Lifetime expected credit losses | Positions that are not credit impaired | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (37) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (5) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (2) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (12) | ||
Lifetime expected credit losses | Positions that are not credit impaired | ECL movement with profit or loss impact | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (49) | 104 | |
Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 16 | 13 | |
Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 3 | |
Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 2 | 4 | |
Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 11 | 7 | |
Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 3 | (2) | |
Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 1 | |
Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 2 | (4) | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (39) | 0 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (12) | (13) | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 8 | (4) | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (28) | 12 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (2) | 4 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (4) | 2 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | (1) | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 3 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (27) | 74 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (18) | 26 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 10 | 13 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 2 | 21 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (9) | 1 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (12) | 14 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | 1 | |
Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | 12 | |
Lifetime expected credit losses | Positions that are not credit impaired | Model changes | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 1 | 16 | |
Lifetime expected credit losses | Positions that are not credit impaired | Movements without profit or loss impact (write-off, FX and other) | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 1 | 9 | |
Lifetime expected credit losses | Credit-impaired positions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (564) | (662) | (829) |
Lifetime expected credit losses | Credit-impaired positions | ECL movement with profit or loss impact | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 25 | |
Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (2) | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (2) | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (46) | (49) | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (21) | (8) | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (22) | (36) | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (3) | (4) | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 48 | 74 | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 1 | (1) | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 3 | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 41 | 17 | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 14 | 53 | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | 2 | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | (3) | |
Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Model changes | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
Lifetime expected credit losses | Credit-impaired positions | Movements without profit or loss impact (write-off, FX and other) | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 99 | 141 | |
Lifetime expected credit losses | Credit-impaired positions | Write offs | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 95 | ||
UBS AG | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (1,091) | (1,165) | (1,468) |
UBS AG | ECL movement with profit or loss impact | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (29) | 148 | |
UBS AG | Net movement from new and derecognized transactions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (7) | (59) | |
UBS AG | Net movement from new and derecognized transactions | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | (7) | |
UBS AG | Net movement from new and derecognized transactions | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (3) | (7) | |
UBS AG | Net movement from new and derecognized transactions | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 8 | (13) | |
UBS AG | Net movement from new and derecognized transactions | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | (8) | |
UBS AG | Net movement from new and derecognized transactions | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | (24) | |
UBS AG | Net movement from new and derecognized transactions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Net movement from new and derecognized transactions | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | (21) | |
UBS AG | Remeasurements with stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (65) | (40) | |
UBS AG | Remeasurements with stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (10) | (9) | |
UBS AG | Remeasurements with stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 7 | (3) | |
UBS AG | Remeasurements with stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (33) | 2 | |
UBS AG | Remeasurements with stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (23) | (27) | |
UBS AG | Remeasurements with stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | (3) | |
UBS AG | Remeasurements with stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 1 | 0 | |
UBS AG | Remeasurements with stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 2 | |
UBS AG | Remeasurements without stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 13 | 203 | |
UBS AG | Remeasurements without stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (12) | 33 | |
UBS AG | Remeasurements without stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 13 | 30 | |
UBS AG | Remeasurements without stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 32 | 44 | |
UBS AG | Remeasurements without stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | 53 | |
UBS AG | Remeasurements without stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (15) | 44 | |
UBS AG | Remeasurements without stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (3) | 6 | |
UBS AG | Remeasurements without stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | 27 | |
UBS AG | Model changes | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 30 | 45 | |
UBS AG | Movements without profit or loss impact (write-off, FX and other) | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 104 | 154 | |
UBS AG | Positions that are not credit impaired | ECL movement with profit or loss impact | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (29) | ||
UBS AG | Positions that are not credit impaired | Remeasurements without stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (35) | ||
UBS AG | Positions that are not credit impaired | Remeasurements without stage transfers | Large and SME corporate lending | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (28) | ||
UBS AG | Positions that are not credit impaired | Remeasurements without stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | ||
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (260) | (282) | (306) |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | ECL movement with profit or loss impact | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 20 | 19 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (21) | (72) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | (10) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (5) | (11) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | (21) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | (8) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | (23) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | (1) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (2) | (18) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 20 | 8 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 3 | 4 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | 1 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 16 | (2) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 2 | 5 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 1 | 0 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 2 | 1 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | (1) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | 55 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 5 | 8 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 3 | 13 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (11) | 5 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (10) | (1) | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 5 | 29 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 3 | 8 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 15 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Model changes | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 29 | 29 | |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Movements without profit or loss impact (write-off, FX and other) | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 3 | 5 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (267) | (220) | (333) |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (107) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (23) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (65) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (37) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (5) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (2) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Credit cards | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (12) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | ECL movement with profit or loss impact | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (49) | 104 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 16 | 13 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 3 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 2 | 4 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 11 | 7 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 3 | (2) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 1 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Net movement from new and derecognized transactions | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 2 | (4) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (39) | 0 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (12) | (13) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 8 | (4) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (28) | 12 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (2) | 4 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (4) | 2 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | (1) | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements with stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 3 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (27) | 74 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (18) | 26 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 10 | 13 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 2 | 21 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (9) | 1 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (12) | 14 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (1) | 1 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Remeasurements without stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | 12 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Model changes | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 1 | 16 | |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Movements without profit or loss impact (write-off, FX and other) | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 1 | 9 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Total ECL allowances and provisions | (564) | (662) | $ (829) |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | ECL movement with profit or loss impact | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 25 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (2) | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (2) | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Net movement from new and derecognized transactions | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (46) | (49) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (21) | (8) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (22) | (36) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (3) | (4) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements with stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 48 | 74 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Private clients with mortgages | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 1 | (1) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Real estate financing | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 3 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Large corporate clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 41 | 17 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | SME clients | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 14 | 53 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Other | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (8) | 2 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Loans to financial advisors | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | (6) | (3) | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Remeasurements without stage transfers | Financial intermediaries and hedge funds | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Model changes | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 0 | 0 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Movements without profit or loss impact (write-off, FX and other) | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | 99 | $ 141 | |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Write offs | |||
Disclosure Of Credit Risk Exposure [Table] | |||
Development of ECL allowances and provisions | $ 95 |
Expected credit loss measure_12
Expected credit loss measurement - Stage 2 classification by trigger (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | $ (1,091) | $ (1,165) | $ (1,468) |
Twelve-month expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (259) | (282) | (306) |
Lifetime expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (267) | (220) | (333) |
Lifetime expected credit losses | Positions that are not credit impaired | Private clients with mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (107) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (23) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (65) | ||
Lifetime expected credit losses | Positions that are not credit impaired | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (37) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (17) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (2) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (12) | ||
Lifetime expected credit losses | Positions that are not credit impaired | Other | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (5) | ||
Lifetime expected credit losses | of which: PD layer | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (196) | ||
Lifetime expected credit losses | of which: PD layer | Private clients with mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (83) | ||
Lifetime expected credit losses | of which: PD layer | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (18) | ||
Lifetime expected credit losses | of which: PD layer | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (51) | ||
Lifetime expected credit losses | of which: PD layer | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (22) | ||
Lifetime expected credit losses | of which: PD layer | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (17) | ||
Lifetime expected credit losses | of which: PD layer | Loans to financial advisors | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | of which: PD layer | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | of which: PD layer | Other | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (5) | ||
Lifetime expected credit losses | of which: watch list | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (21) | ||
Lifetime expected credit losses | of which: watch list | Private clients with mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | of which: watch list | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | of which: watch list | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (13) | ||
Lifetime expected credit losses | of which: watch list | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (7) | ||
Lifetime expected credit losses | of which: watch list | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | of which: watch list | Loans to financial advisors | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | of which: watch list | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | of which: watch list | Other | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | of which: 30 days past due | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (50) | ||
Lifetime expected credit losses | of which: 30 days past due | Private clients with mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (25) | ||
Lifetime expected credit losses | of which: 30 days past due | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (5) | ||
Lifetime expected credit losses | of which: 30 days past due | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | of which: 30 days past due | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (7) | ||
Lifetime expected credit losses | of which: 30 days past due | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | of which: 30 days past due | Loans to financial advisors | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (2) | ||
Lifetime expected credit losses | of which: 30 days past due | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (12) | ||
Lifetime expected credit losses | of which: 30 days past due | Other | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
Lifetime expected credit losses | Credit-impaired positions | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (564) | (662) | (829) |
UBS AG | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (1,091) | (1,165) | (1,468) |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (260) | (282) | (306) |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (267) | (220) | (333) |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Private clients with mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (107) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (23) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (65) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (37) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (17) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans to financial advisors | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (2) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (12) | ||
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Other | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (5) | ||
UBS AG | Lifetime expected credit losses | of which: PD layer | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (196) | ||
UBS AG | Lifetime expected credit losses | of which: PD layer | Private clients with mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (83) | ||
UBS AG | Lifetime expected credit losses | of which: PD layer | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (18) | ||
UBS AG | Lifetime expected credit losses | of which: PD layer | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (51) | ||
UBS AG | Lifetime expected credit losses | of which: PD layer | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (22) | ||
UBS AG | Lifetime expected credit losses | of which: PD layer | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (17) | ||
UBS AG | Lifetime expected credit losses | of which: PD layer | Loans to financial advisors | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | of which: PD layer | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | of which: PD layer | Other | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (5) | ||
UBS AG | Lifetime expected credit losses | of which: watch list | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (21) | ||
UBS AG | Lifetime expected credit losses | of which: watch list | Private clients with mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | of which: watch list | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | of which: watch list | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (13) | ||
UBS AG | Lifetime expected credit losses | of which: watch list | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (7) | ||
UBS AG | Lifetime expected credit losses | of which: watch list | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | of which: watch list | Loans to financial advisors | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | of which: watch list | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | of which: watch list | Other | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | of which: 30 days past due | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (50) | ||
UBS AG | Lifetime expected credit losses | of which: 30 days past due | Private clients with mortgages | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (25) | ||
UBS AG | Lifetime expected credit losses | of which: 30 days past due | Real estate financing | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (5) | ||
UBS AG | Lifetime expected credit losses | of which: 30 days past due | Large corporate clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | of which: 30 days past due | SME clients | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (7) | ||
UBS AG | Lifetime expected credit losses | of which: 30 days past due | Financial intermediaries and hedge funds | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | of which: 30 days past due | Loans to financial advisors | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (2) | ||
UBS AG | Lifetime expected credit losses | of which: 30 days past due | Credit cards | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | (12) | ||
UBS AG | Lifetime expected credit losses | of which: 30 days past due | Other | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | 0 | ||
UBS AG | Lifetime expected credit losses | Credit-impaired positions | |||
Disclosure Of Provision Matrix [Table] | |||
Total ECL allowances and provisions | $ (564) | $ (662) | $ (829) |
Expected credit loss measure_13
Expected credit loss measurement - Maximum exposure to credit risk (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Total maximum exposure to credit risk reflected on the balance sheet in scope of ECL | ||
Credit enhancements | ||
Collateral and credit enhancements related to credit-impaired financial assets measured at amortized cost | $ 1,372 | $ 1,443 |
Collateral and credit enhancements related to off-balance sheet financial instruments and other credit lines for credit-impaired positions | 113 | 130 |
Total maximum exposure to credit risk reflected on the balance sheet in scope of ECL | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 729,800 | 746,600 |
Collateral | ||
Cash collateral received | 33,700 | 37,700 |
Collateralized by equity and debt instruments | 181,000 | 196,900 |
Secured by real estate | 197,900 | 191,300 |
Other collateral | 23,400 | 28,400 |
Credit enhancements | ||
Netting | 22,900 | 18,400 |
Credit derivative contracts | 0 | 0 |
Guarantees | 3,000 | 4,000 |
Exposure to credit risk after collateral and credit enhancements | 268,000 | 269,800 |
Total financial assets measured at amortized cost | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 727,600 | 737,800 |
Collateral | ||
Cash collateral received | 33,700 | 37,700 |
Collateralized by equity and debt instruments | 181,000 | 196,900 |
Secured by real estate | 197,900 | 191,300 |
Other collateral | 23,400 | 28,400 |
Credit enhancements | ||
Netting | 22,900 | 18,400 |
Credit derivative contracts | 0 | 0 |
Guarantees | 3,000 | 4,000 |
Exposure to credit risk after collateral and credit enhancements | 265,800 | 261,000 |
Cash and balances at central banks | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 169,400 | 192,800 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 169,400 | 192,800 |
Loans and advances to banks | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 14,800 | 15,500 |
Collateral | ||
Collateralized by equity and debt instruments | 0 | 100 |
Credit enhancements | ||
Guarantees | 100 | 100 |
Exposure to credit risk after collateral and credit enhancements | 14,700 | 15,300 |
Receivables from securities financing transactions | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 67,800 | 75,000 |
Collateral | ||
Cash collateral received | 0 | 0 |
Collateralized by equity and debt instruments | 64,500 | 68,000 |
Other collateral | 2,400 | 6,900 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 900 | 0 |
Cash collateral receivables on derivative instruments | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 35,000 | 30,500 |
Credit enhancements | ||
Netting | 22,900 | 18,400 |
Exposure to credit risk after collateral and credit enhancements | 12,100 | 12,100 |
Loans and advances to customers | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 387,200 | 397,800 |
Collateral | ||
Cash collateral received | 33,600 | 37,500 |
Collateralized by equity and debt instruments | 115,900 | 128,700 |
Secured by real estate | 197,800 | 191,300 |
Other collateral | 19,600 | 20,200 |
Credit enhancements | ||
Guarantees | 3,000 | 4,000 |
Exposure to credit risk after collateral and credit enhancements | 17,300 | 16,200 |
Other financial assets measured at amortized cost | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 53,300 | 26,200 |
Collateral | ||
Cash collateral received | 100 | 200 |
Collateralized by equity and debt instruments | 500 | 100 |
Secured by real estate | 0 | 0 |
Other collateral | 1,300 | 1,300 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 51,300 | 24,600 |
Financial assets measured at fair value through other comprehensive income - debt | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 2,200 | 8,800 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 2,200 | 8,800 |
Total maximum exposure to credit risk not reflected on the balance sheet | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 107,200 | 102,500 |
Collateral | ||
Cash collateral received | 1,600 | 2,200 |
Collateralized by equity and debt instruments | 24,400 | 20,900 |
Secured by real estate | 7,500 | 8,700 |
Other collateral | 14,700 | 13,700 |
Credit enhancements | ||
Netting | 0 | 0 |
Credit derivative contracts | 100 | 300 |
Guarantees | 3,300 | 4,500 |
Exposure to credit risk after collateral and credit enhancements | 55,700 | 52,100 |
Guarantees | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 22,100 | 20,900 |
Collateral | ||
Cash collateral received | 1,200 | 1,300 |
Collateralized by equity and debt instruments | 9,300 | 6,500 |
Secured by real estate | 100 | 200 |
Other collateral | 2,000 | 2,500 |
Credit enhancements | ||
Guarantees | 1,800 | 2,300 |
Exposure to credit risk after collateral and credit enhancements | 7,700 | 8,100 |
Loan commitments | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 39,900 | 39,400 |
Collateral | ||
Cash collateral received | 200 | 500 |
Collateralized by equity and debt instruments | 3,100 | 4,000 |
Secured by real estate | 1,300 | 2,400 |
Other collateral | 6,500 | 7,300 |
Credit enhancements | ||
Credit derivative contracts | 100 | 300 |
Guarantees | 1,000 | 1,700 |
Exposure to credit risk after collateral and credit enhancements | 27,800 | 23,100 |
Forward starting reverse repurchase and securities borrowing agreements | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 3,800 | 1,400 |
Collateral | ||
Collateralized by equity and debt instruments | 3,800 | 1,400 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 0 | 0 |
Committed unconditionally revocable credit lines | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 41,400 | 40,700 |
Collateral | ||
Cash collateral received | 200 | 300 |
Collateralized by equity and debt instruments | 8,200 | 9,000 |
Secured by real estate | 6,000 | 6,200 |
Other collateral | 6,200 | 3,900 |
Credit enhancements | ||
Guarantees | 500 | 500 |
Exposure to credit risk after collateral and credit enhancements | 20,200 | 20,900 |
UBS AG | Total maximum exposure to credit risk reflected on the balance sheet in scope of ECL | ||
Credit enhancements | ||
Collateral and credit enhancements related to credit-impaired financial assets measured at amortized cost | 1,372 | 1,443 |
Collateral and credit enhancements related to off-balance sheet financial instruments and other credit lines for credit-impaired positions | 113 | 130 |
UBS AG | Total maximum exposure to credit risk reflected on the balance sheet in scope of ECL | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 732,600 | 747,500 |
Collateral | ||
Cash collateral received | 36,200 | 38,400 |
Collateralized by equity and debt instruments | 181,000 | 196,900 |
Secured by real estate | 197,900 | 191,300 |
Other collateral | 23,400 | 28,400 |
Credit enhancements | ||
Netting | 22,900 | 18,400 |
Credit derivative contracts | 0 | 0 |
Guarantees | 3,000 | 4,000 |
Exposure to credit risk after collateral and credit enhancements | 268,300 | 270,000 |
UBS AG | Total financial assets measured at amortized cost | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 730,400 | 738,600 |
Collateral | ||
Cash collateral received | 36,200 | 38,400 |
Collateralized by equity and debt instruments | 181,000 | 196,900 |
Secured by real estate | 197,900 | 191,300 |
Other collateral | 23,400 | 28,400 |
Credit enhancements | ||
Netting | 22,900 | 18,400 |
Credit derivative contracts | 0 | 0 |
Guarantees | 3,000 | 4,000 |
Exposure to credit risk after collateral and credit enhancements | 266,100 | 261,100 |
UBS AG | Cash and balances at central banks | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 169,400 | 192,800 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 169,400 | 192,800 |
UBS AG | Loans and advances to banks | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 14,700 | 15,400 |
Collateral | ||
Collateralized by equity and debt instruments | 0 | 100 |
Credit enhancements | ||
Guarantees | 100 | 100 |
Exposure to credit risk after collateral and credit enhancements | 14,600 | 15,100 |
UBS AG | Receivables from securities financing transactions | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 67,800 | 75,000 |
Collateral | ||
Cash collateral received | 0 | 0 |
Collateralized by equity and debt instruments | 64,500 | 68,000 |
Other collateral | 2,400 | 6,900 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 900 | 0 |
UBS AG | Cash collateral receivables on derivative instruments | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 35,000 | 30,500 |
Credit enhancements | ||
Netting | 22,900 | 18,400 |
Exposure to credit risk after collateral and credit enhancements | 12,100 | 12,100 |
UBS AG | Loans and advances to customers | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 390,000 | 398,700 |
Collateral | ||
Cash collateral received | 36,100 | 38,200 |
Collateralized by equity and debt instruments | 115,900 | 128,700 |
Secured by real estate | 197,800 | 191,300 |
Other collateral | 19,600 | 20,200 |
Credit enhancements | ||
Guarantees | 3,000 | 4,000 |
Exposure to credit risk after collateral and credit enhancements | 17,600 | 16,400 |
UBS AG | Other financial assets measured at amortized cost | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 53,400 | 26,200 |
Collateral | ||
Cash collateral received | 100 | 200 |
Collateralized by equity and debt instruments | 500 | 100 |
Secured by real estate | 0 | 0 |
Other collateral | 1,300 | 1,300 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 51,400 | 24,700 |
UBS AG | Financial assets measured at fair value through other comprehensive income - debt | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 2,200 | 8,800 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 2,200 | 8,800 |
UBS AG | Total maximum exposure to credit risk not reflected on the balance sheet | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 109,400 | 104,100 |
Collateral | ||
Cash collateral received | 1,600 | 2,200 |
Collateralized by equity and debt instruments | 24,400 | 20,900 |
Secured by real estate | 7,500 | 8,700 |
Other collateral | 14,700 | 13,700 |
Credit enhancements | ||
Netting | 0 | 0 |
Credit derivative contracts | 100 | 300 |
Guarantees | 3,300 | 4,500 |
Exposure to credit risk after collateral and credit enhancements | 58,000 | 53,700 |
UBS AG | Guarantees | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 22,100 | 20,900 |
Collateral | ||
Cash collateral received | 1,200 | 1,300 |
Collateralized by equity and debt instruments | 9,300 | 6,500 |
Secured by real estate | 100 | 200 |
Other collateral | 2,000 | 2,500 |
Credit enhancements | ||
Guarantees | 1,800 | 2,300 |
Exposure to credit risk after collateral and credit enhancements | 7,700 | 8,100 |
UBS AG | Loan commitments | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 39,900 | 39,400 |
Collateral | ||
Cash collateral received | 200 | 500 |
Collateralized by equity and debt instruments | 3,100 | 4,000 |
Secured by real estate | 1,300 | 2,400 |
Other collateral | 6,500 | 7,300 |
Credit enhancements | ||
Credit derivative contracts | 100 | 300 |
Guarantees | 1,000 | 1,700 |
Exposure to credit risk after collateral and credit enhancements | 27,800 | 23,100 |
UBS AG | Forward starting reverse repurchase and securities borrowing agreements | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 3,800 | 1,400 |
Collateral | ||
Collateralized by equity and debt instruments | 3,800 | 1,400 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 0 | 0 |
UBS AG | Committed unconditionally revocable credit lines | Financial Assets At Amortised Cost [Member] | ||
Maximum Exposure To Credit Risk Expected Credit Loss [Table] | ||
Maximum exposure to credit risk | 43,600 | 42,300 |
Collateral | ||
Cash collateral received | 200 | 300 |
Collateralized by equity and debt instruments | 8,200 | 9,000 |
Secured by real estate | 6,000 | 6,200 |
Other collateral | 6,200 | 3,900 |
Credit enhancements | ||
Guarantees | 500 | 500 |
Exposure to credit risk after collateral and credit enhancements | $ 22,500 | $ 22,500 |
Expected credit loss measure_14
Expected credit loss measurement - Financial assets subject to credit risk by rating category (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | $ 729,807 | $ 746,638 |
Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 727,568 | 737,794 |
Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 169,445 | 192,817 |
Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 14,792 | 15,480 |
Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 67,814 | 75,012 |
Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 35,032 | 30,514 |
Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 387,220 | 397,761 |
Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 53,264 | 26,209 |
Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,239 | 8,844 |
Twelve-month expected credit losses | Positions that are not credit impaired | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 712,078 | 728,923 |
Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 709,839 | 720,079 |
Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 169,402 | 192,817 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 14,792 | 15,453 |
Twelve-month expected credit losses | Positions that are not credit impaired | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 67,814 | 75,012 |
Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 35,032 | 30,514 |
Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 370,095 | 380,564 |
Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 52,704 | 25,718 |
Lifetime expected credit losses | Positions that are not credit impaired | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 16,044 | 15,948 |
Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 16,044 | 15,948 |
Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 44 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1 | 26 |
Lifetime expected credit losses | Positions that are not credit impaired | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,587 | 15,620 |
Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 413 | 302 |
Lifetime expected credit losses | Credit-impaired positions | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1,685 | 1,767 |
Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1,685 | 1,767 |
Lifetime expected credit losses | Credit-impaired positions | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 1 |
Lifetime expected credit losses | Credit-impaired positions | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1,538 | 1,577 |
Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 147 | 189 |
Gross carrying amount | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 730,696 | 747,606 |
Gross carrying amount | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 728,457 | 738,762 |
Gross carrying amount | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 169,457 | 192,817 |
Gross carrying amount | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 14,798 | 15,488 |
Gross carrying amount | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 67,816 | 75,014 |
Gross carrying amount | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 35,033 | 30,514 |
Gross carrying amount | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 388,003 | 398,611 |
Gross carrying amount | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 53,350 | 26,318 |
Gross carrying amount | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,239 | 8,844 |
Gross carrying amount | Rating category 0-1 | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 243,966 | 255,130 |
Gross carrying amount | Rating category 0-1 | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 242,660 | 251,133 |
Gross carrying amount | Rating category 0-1 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 168,525 | 191,015 |
Gross carrying amount | Rating category 0-1 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 862 | 407 |
Gross carrying amount | Rating category 0-1 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 27,158 | 34,386 |
Gross carrying amount | Rating category 0-1 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 10,613 | 7,466 |
Gross carrying amount | Rating category 0-1 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 6,491 | 5,295 |
Gross carrying amount | Rating category 0-1 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 29,011 | 12,564 |
Gross carrying amount | Rating category 0-1 | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1,307 | 3,996 |
Gross carrying amount | Rating category 2-3 | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 273,916 | 282,874 |
Gross carrying amount | Rating category 2-3 | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 273,076 | 278,103 |
Gross carrying amount | Rating category 2-3 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 877 | 1,802 |
Gross carrying amount | Rating category 2-3 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 12,257 | 12,623 |
Gross carrying amount | Rating category 2-3 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,860 | 11,267 |
Gross carrying amount | Rating category 2-3 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 12,977 | 13,476 |
Gross carrying amount | Rating category 2-3 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 214,473 | 232,233 |
Gross carrying amount | Rating category 2-3 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 16,632 | 6,702 |
Gross carrying amount | Rating category 2-3 | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 840 | 4,771 |
Gross carrying amount | Rating category 4-5 | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 85,671 | 85,472 |
Gross carrying amount | Rating category 4-5 | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 85,671 | 85,472 |
Gross carrying amount | Rating category 4-5 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Rating category 4-5 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 860 | 1,171 |
Gross carrying amount | Rating category 4-5 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 8,870 | 10,483 |
Gross carrying amount | Rating category 4-5 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 7,138 | 5,878 |
Gross carrying amount | Rating category 4-5 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 68,356 | 67,620 |
Gross carrying amount | Rating category 4-5 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 447 | 321 |
Gross carrying amount | Rating category 4-5 | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Rating category 6-8 | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 101,228 | 97,923 |
Gross carrying amount | Rating category 6-8 | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 101,136 | 97,846 |
Gross carrying amount | Rating category 6-8 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Rating category 6-8 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 440 | 795 |
Gross carrying amount | Rating category 6-8 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,207 | 17,440 |
Gross carrying amount | Rating category 6-8 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 4,157 | 3,647 |
Gross carrying amount | Rating category 6-8 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 74,732 | 69,892 |
Gross carrying amount | Rating category 6-8 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 6,600 | 6,072 |
Gross carrying amount | Rating category 6-8 | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 92 | 77 |
Gross carrying amount | Rating category 9-13 | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 23,693 | 23,793 |
Gross carrying amount | Rating category 9-13 | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 23,693 | 23,793 |
Gross carrying amount | Rating category 9-13 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 56 | 0 |
Gross carrying amount | Rating category 9-13 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 379 | 490 |
Gross carrying amount | Rating category 9-13 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 721 | 1,439 |
Gross carrying amount | Rating category 9-13 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 147 | 47 |
Gross carrying amount | Rating category 9-13 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 21,939 | 21,423 |
Gross carrying amount | Rating category 9-13 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 450 | 394 |
Gross carrying amount | Rating category 9-13 | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Rating category Defaulted | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,222 | 2,414 |
Gross carrying amount | Rating category Defaulted | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,222 | 2,414 |
Gross carrying amount | Rating category Defaulted | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Rating category Defaulted | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 1 |
Gross carrying amount | Rating category Defaulted | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Rating category Defaulted | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Rating category Defaulted | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,012 | 2,148 |
Gross carrying amount | Rating category Defaulted | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 210 | 264 |
Gross carrying amount | Rating category Defaulted | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 169,402 | 192,817 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 14,797 | 15,460 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 67,816 | 75,014 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 35,033 | 30,514 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 370,224 | 380,690 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 52,721 | 25,745 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 168,525 | 191,015 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 862 | 407 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 27,158 | 34,386 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 10,613 | 7,466 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 6,491 | 5,295 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 29,011 | 12,564 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 877 | 1,802 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 12,257 | 12,623 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,860 | 11,267 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 12,977 | 13,476 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 212,980 | 231,153 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 16,630 | 6,693 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 860 | 1,146 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 8,870 | 10,483 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 7,138 | 5,878 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 66,114 | 65,084 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 427 | 307 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 440 | 795 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,207 | 17,440 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 4,157 | 3,647 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 68,034 | 62,796 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 6,317 | 5,863 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 378 | 488 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 721 | 1,439 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 147 | 47 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 16,605 | 16,362 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 336 | 317 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 56 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1 | 27 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,767 | 15,773 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 419 | 309 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1,493 | 1,080 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2 | 10 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 24 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,242 | 2,536 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 20 | 13 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 6,698 | 7,096 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 283 | 209 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 56 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1 | 2 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 5,334 | 5,061 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 114 | 77 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 1 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,012 | 2,148 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 210 | 264 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 1 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,012 | 2,148 |
Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 210 | 264 |
Allowance for expected credit loss | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (889) | (969) |
Allowance for expected credit loss | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (889) | (969) |
Allowance for expected credit loss | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (12) | 0 |
Allowance for expected credit loss | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (6) | (8) |
Allowance for expected credit loss | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (2) | (2) |
Allowance for expected credit loss | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Allowance for expected credit loss | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (783) | (850) |
Allowance for expected credit loss | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (86) | (109) |
Allowance for expected credit loss | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (154) | (161) |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (154) | (161) |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (5) | (7) |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (2) | (2) |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (129) | (126) |
Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (17) | (27) |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (199) | (160) |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (199) | (160) |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (12) | 0 |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (1) | (1) |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (180) | (152) |
Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (6) | (7) |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (537) | (647) |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (537) | (647) |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (474) | (572) |
Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (63) | (76) |
UBS AG | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 732,618 | 747,477 |
UBS AG | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 730,379 | 738,632 |
UBS AG | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 169,445 | 192,817 |
UBS AG | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 14,671 | 15,360 |
UBS AG | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 67,814 | 75,012 |
UBS AG | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 35,033 | 30,514 |
UBS AG | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 390,027 | 398,693 |
UBS AG | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 53,389 | 26,236 |
UBS AG | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,239 | 8,844 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 714,889 | 729,762 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 712,651 | 720,917 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 169,402 | 192,817 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 14,670 | 15,333 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 67,814 | 75,012 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 35,033 | 30,514 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 372,903 | 381,496 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 52,829 | 25,746 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 16,044 | 15,948 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 16,044 | 15,948 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 44 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1 | 26 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,587 | 15,620 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 413 | 302 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1,685 | 1,767 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1,685 | 1,767 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 1 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1,538 | 1,577 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 147 | 189 |
UBS AG | Gross carrying amount | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 733,508 | 748,445 |
UBS AG | Gross carrying amount | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 731,269 | 739,601 |
UBS AG | Gross carrying amount | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 169,457 | 192,817 |
UBS AG | Gross carrying amount | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 14,676 | 15,368 |
UBS AG | Gross carrying amount | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 67,816 | 75,014 |
UBS AG | Gross carrying amount | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 35,034 | 30,514 |
UBS AG | Gross carrying amount | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 390,810 | 399,543 |
UBS AG | Gross carrying amount | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 53,475 | 26,346 |
UBS AG | Gross carrying amount | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,239 | 8,844 |
UBS AG | Gross carrying amount | Rating category 0-1 | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 243,966 | 255,130 |
UBS AG | Gross carrying amount | Rating category 0-1 | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 242,660 | 251,133 |
UBS AG | Gross carrying amount | Rating category 0-1 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 168,525 | 191,015 |
UBS AG | Gross carrying amount | Rating category 0-1 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 862 | 407 |
UBS AG | Gross carrying amount | Rating category 0-1 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 27,158 | 34,386 |
UBS AG | Gross carrying amount | Rating category 0-1 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 10,613 | 7,466 |
UBS AG | Gross carrying amount | Rating category 0-1 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 6,491 | 5,295 |
UBS AG | Gross carrying amount | Rating category 0-1 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 29,011 | 12,564 |
UBS AG | Gross carrying amount | Rating category 0-1 | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1,307 | 3,996 |
UBS AG | Gross carrying amount | Rating category 2-3 | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 275,178 | 283,236 |
UBS AG | Gross carrying amount | Rating category 2-3 | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 274,337 | 278,465 |
UBS AG | Gross carrying amount | Rating category 2-3 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 877 | 1,802 |
UBS AG | Gross carrying amount | Rating category 2-3 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 11,150 | 12,552 |
UBS AG | Gross carrying amount | Rating category 2-3 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,860 | 11,267 |
UBS AG | Gross carrying amount | Rating category 2-3 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 12,978 | 13,476 |
UBS AG | Gross carrying amount | Rating category 2-3 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 216,824 | 232,663 |
UBS AG | Gross carrying amount | Rating category 2-3 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 16,649 | 6,705 |
UBS AG | Gross carrying amount | Rating category 2-3 | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 840 | 4,771 |
UBS AG | Gross carrying amount | Rating category 4-5 | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 85,731 | 85,424 |
UBS AG | Gross carrying amount | Rating category 4-5 | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 85,731 | 85,424 |
UBS AG | Gross carrying amount | Rating category 4-5 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Rating category 4-5 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 832 | 1,123 |
UBS AG | Gross carrying amount | Rating category 4-5 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 8,870 | 10,483 |
UBS AG | Gross carrying amount | Rating category 4-5 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 7,138 | 5,878 |
UBS AG | Gross carrying amount | Rating category 4-5 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 68,444 | 67,620 |
UBS AG | Gross carrying amount | Rating category 4-5 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 447 | 321 |
UBS AG | Gross carrying amount | Rating category 4-5 | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Rating category 6-8 | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 103,308 | 98,449 |
UBS AG | Gross carrying amount | Rating category 6-8 | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 103,216 | 98,372 |
UBS AG | Gross carrying amount | Rating category 6-8 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Rating category 6-8 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 996 | 795 |
UBS AG | Gross carrying amount | Rating category 6-8 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,207 | 17,440 |
UBS AG | Gross carrying amount | Rating category 6-8 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 4,157 | 3,647 |
UBS AG | Gross carrying amount | Rating category 6-8 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 76,147 | 70,394 |
UBS AG | Gross carrying amount | Rating category 6-8 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 6,708 | 6,097 |
UBS AG | Gross carrying amount | Rating category 6-8 | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 92 | 77 |
UBS AG | Gross carrying amount | Rating category 9-13 | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 23,102 | 23,793 |
UBS AG | Gross carrying amount | Rating category 9-13 | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 23,102 | 23,793 |
UBS AG | Gross carrying amount | Rating category 9-13 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 56 | 0 |
UBS AG | Gross carrying amount | Rating category 9-13 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 837 | 490 |
UBS AG | Gross carrying amount | Rating category 9-13 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 721 | 1,439 |
UBS AG | Gross carrying amount | Rating category 9-13 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 147 | 47 |
UBS AG | Gross carrying amount | Rating category 9-13 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 20,891 | 21,423 |
UBS AG | Gross carrying amount | Rating category 9-13 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 450 | 394 |
UBS AG | Gross carrying amount | Rating category 9-13 | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Rating category Defaulted | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,222 | 2,414 |
UBS AG | Gross carrying amount | Rating category Defaulted | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,222 | 2,414 |
UBS AG | Gross carrying amount | Rating category Defaulted | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Rating category Defaulted | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 1 |
UBS AG | Gross carrying amount | Rating category Defaulted | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Rating category Defaulted | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Rating category Defaulted | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,012 | 2,148 |
UBS AG | Gross carrying amount | Rating category Defaulted | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 210 | 264 |
UBS AG | Gross carrying amount | Rating category Defaulted | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 169,402 | 192,817 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 14,675 | 15,340 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 67,816 | 75,014 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 35,034 | 30,514 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 373,032 | 381,622 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 52,846 | 25,772 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 168,525 | 191,015 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 862 | 407 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 27,158 | 34,386 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 10,613 | 7,466 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 6,491 | 5,295 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 29,011 | 12,564 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 877 | 1,802 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 11,150 | 12,552 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,860 | 11,267 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 12,978 | 13,476 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 215,332 | 231,583 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 16,646 | 6,696 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 832 | 1,098 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 8,870 | 10,483 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 7,138 | 5,878 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 66,202 | 65,083 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 427 | 307 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 996 | 795 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,207 | 17,440 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 4,157 | 3,647 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 69,450 | 63,298 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 6,426 | 5,887 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 836 | 488 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 721 | 1,439 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 147 | 47 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,557 | 16,362 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 336 | 317 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 56 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1 | 27 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 15,767 | 15,773 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 419 | 309 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1,493 | 1,080 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2 | 10 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 24 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,242 | 2,536 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 20 | 13 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 6,698 | 7,096 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 283 | 209 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 56 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 1 | 2 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 5,334 | 5,061 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 114 | 77 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 1 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,012 | 2,148 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 210 | 264 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 1 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 2,012 | 2,148 |
UBS AG | Gross carrying amount | Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 210 | 264 |
UBS AG | Allowance for expected credit loss | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (890) | (969) |
UBS AG | Allowance for expected credit loss | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (890) | (969) |
UBS AG | Allowance for expected credit loss | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (12) | 0 |
UBS AG | Allowance for expected credit loss | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (6) | (8) |
UBS AG | Allowance for expected credit loss | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (2) | (2) |
UBS AG | Allowance for expected credit loss | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Allowance for expected credit loss | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (783) | (850) |
UBS AG | Allowance for expected credit loss | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (86) | (109) |
UBS AG | Allowance for expected credit loss | Financial assets measured at FVOCI - debt instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (154) | (161) |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (154) | (161) |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (5) | (7) |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (2) | (2) |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (129) | (126) |
UBS AG | Allowance for expected credit loss | Twelve-month expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (17) | (27) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (199) | (160) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (199) | (160) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (12) | 0 |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (1) | (1) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (180) | (152) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Positions that are not credit impaired | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (6) | (7) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total on balance sheet financial instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (537) | (647) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Total financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (537) | (647) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Cash and balances at central banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to banks | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Receivables from securities financing transactions | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Cash collateral receivables on derivative instruments | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | 0 | 0 |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Loans and advances to customers | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | (474) | (572) |
UBS AG | Allowance for expected credit loss | Lifetime expected credit losses | Credit-impaired positions | Other financial assets measured at amortized cost | ||
Disclosure Of Internal Credit Exposures [Table] | ||
Financial assets | $ (63) | $ (76) |
Expected credit loss measure_15
Expected credit loss measurement - Off balance sheet positions subject to expected credit loss by rating category (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | $ 112,050 | $ 108,284 |
ECL provision | (201) | (196) |
Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 65,964 | 61,894 |
ECL provision | (159) | (155) |
Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 22,167 | 20,972 |
ECL provision | (48) | (41) |
Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 39,996 | 39,478 |
ECL provision | (111) | (114) |
Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,801 | 1,444 |
ECL provision | 0 | 0 |
Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 46,086 | 46,390 |
ECL provision | (42) | (41) |
Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 41,390 | 40,778 |
ECL provision | (40) | (38) |
Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4,696 | 5,611 |
ECL provision | (2) | (3) |
Rating category 0-1 | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11,803 | 7,254 |
Rating category 0-1 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 7,252 | 4,457 |
Rating category 0-1 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,770 | 2,797 |
Rating category 0-1 | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,781 | 0 |
Rating category 0-1 | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,295 | 2,653 |
Rating category 0-1 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,288 | 2,636 |
Rating category 0-1 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 7 | 17 |
Rating category 2-3 | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 20,874 | 21,247 |
Rating category 2-3 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 5,961 | 7,064 |
Rating category 2-3 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 14,912 | 14,183 |
Rating category 2-3 | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2 | 0 |
Rating category 2-3 | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 17,857 | 18,032 |
Rating category 2-3 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 15,918 | 15,594 |
Rating category 2-3 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,939 | 2,438 |
Rating category 4-5 | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11,769 | 12,241 |
Rating category 4-5 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4,772 | 4,535 |
Rating category 4-5 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 6,986 | 7,651 |
Rating category 4-5 | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11 | 55 |
Rating category 4-5 | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 10,736 | 10,049 |
Rating category 4-5 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 9,247 | 8,627 |
Rating category 4-5 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,489 | 1,422 |
Rating category 6-8 | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 14,153 | 13,444 |
Rating category 6-8 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,049 | 3,757 |
Rating category 6-8 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 10,097 | 8,298 |
Rating category 6-8 | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,007 | 1,389 |
Rating category 6-8 | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11,030 | 10,836 |
Rating category 6-8 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 10,162 | 9,752 |
Rating category 6-8 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 868 | 1,084 |
Rating category 9-13 | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 7,132 | 7,512 |
Rating category 9-13 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,025 | 1,009 |
Rating category 9-13 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 6,107 | 6,502 |
Rating category 9-13 | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Rating category 9-13 | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4,131 | 4,709 |
Rating category 9-13 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,739 | 4,107 |
Rating category 9-13 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 392 | 602 |
Rating category Defaulted | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 233 | 196 |
Rating category Defaulted | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 108 | 150 |
Rating category Defaulted | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 124 | 46 |
Rating category Defaulted | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Rating category Defaulted | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 37 | 111 |
Rating category Defaulted | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 36 | 63 |
Rating category Defaulted | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2 | 48 |
Twelve-month expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 105,258 | 101,971 |
ECL provision | (106) | (121) |
Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 19,805 | 19,695 |
ECL provision | (13) | (18) |
Twelve-month expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 37,531 | 37,097 |
ECL provision | (59) | (72) |
Twelve-month expected credit losses | Positions that are not credit impaired | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,801 | 1,444 |
ECL provision | 0 | 0 |
Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 39,521 | 38,207 |
ECL provision | (32) | (28) |
Twelve-month expected credit losses | Positions that are not credit impaired | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4,600 | 5,527 |
ECL provision | (2) | (3) |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 7,252 | 4,457 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,770 | 2,797 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,288 | 2,636 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 7 | 17 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 5,917 | 7,037 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 14,789 | 13,917 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 15,213 | 15,250 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,938 | 2,438 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,812 | 4,375 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 6,818 | 7,416 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 8,960 | 8,304 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,411 | 1,422 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,229 | 3,075 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 9,625 | 7,127 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 9,631 | 8,346 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 864 | 1,082 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 596 | 752 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4,529 | 5,840 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,429 | 3,671 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 380 | 568 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 6,522 | 6,006 |
ECL provision | (69) | (60) |
Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,254 | 1,127 |
ECL provision | (9) | (8) |
Lifetime expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,341 | 2,335 |
ECL provision | (52) | (42) |
Lifetime expected credit losses | Positions that are not credit impaired | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
ECL provision | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,833 | 2,508 |
ECL provision | (8) | (10) |
Lifetime expected credit losses | Positions that are not credit impaired | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 94 | 36 |
ECL provision | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 44 | 27 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 123 | 266 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 705 | 344 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 960 | 160 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 168 | 235 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 287 | 323 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 78 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 821 | 682 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 472 | 1,171 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 531 | 1,406 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4 | 1 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 429 | 258 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,578 | 663 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 310 | 436 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11 | 34 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 270 | 307 |
ECL provision | (26) | (15) |
Lifetime expected credit losses | Credit-impaired positions | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 108 | 150 |
ECL provision | (26) | (15) |
Lifetime expected credit losses | Credit-impaired positions | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 124 | 46 |
ECL provision | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
ECL provision | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 36 | 63 |
ECL provision | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2 | 48 |
ECL provision | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 108 | 150 |
Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 124 | 46 |
Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 36 | 63 |
Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2 | 48 |
UBS AG | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 114,337 | 109,878 |
ECL provision | (201) | (196) |
UBS AG | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 65,964 | 61,894 |
ECL provision | (159) | (155) |
UBS AG | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 22,167 | 20,972 |
ECL provision | (48) | (41) |
UBS AG | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 39,996 | 39,478 |
ECL provision | (111) | (114) |
UBS AG | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,801 | 1,444 |
ECL provision | 0 | 0 |
UBS AG | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 48,373 | 47,984 |
ECL provision | (42) | (41) |
UBS AG | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 43,677 | 42,373 |
ECL provision | (40) | (38) |
UBS AG | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4,696 | 5,611 |
ECL provision | (2) | (3) |
UBS AG | Rating category 0-1 | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11,803 | 7,254 |
UBS AG | Rating category 0-1 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 7,252 | 4,457 |
UBS AG | Rating category 0-1 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,770 | 2,797 |
UBS AG | Rating category 0-1 | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,781 | 0 |
UBS AG | Rating category 0-1 | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,295 | 2,653 |
UBS AG | Rating category 0-1 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,288 | 2,636 |
UBS AG | Rating category 0-1 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 7 | 17 |
UBS AG | Rating category 2-3 | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 20,874 | 21,247 |
UBS AG | Rating category 2-3 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 5,961 | 7,064 |
UBS AG | Rating category 2-3 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 14,912 | 14,183 |
UBS AG | Rating category 2-3 | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2 | 0 |
UBS AG | Rating category 2-3 | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 18,421 | 19,249 |
UBS AG | Rating category 2-3 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 16,483 | 16,811 |
UBS AG | Rating category 2-3 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,939 | 2,438 |
UBS AG | Rating category 4-5 | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11,769 | 12,241 |
UBS AG | Rating category 4-5 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4,772 | 4,535 |
UBS AG | Rating category 4-5 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 6,986 | 7,651 |
UBS AG | Rating category 4-5 | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11 | 55 |
UBS AG | Rating category 4-5 | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 10,736 | 10,049 |
UBS AG | Rating category 4-5 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 9,247 | 8,627 |
UBS AG | Rating category 4-5 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,489 | 1,422 |
UBS AG | Rating category 6-8 | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 14,153 | 13,444 |
UBS AG | Rating category 6-8 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,049 | 3,757 |
UBS AG | Rating category 6-8 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 10,097 | 8,298 |
UBS AG | Rating category 6-8 | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,007 | 1,389 |
UBS AG | Rating category 6-8 | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 12,753 | 11,214 |
UBS AG | Rating category 6-8 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11,885 | 10,130 |
UBS AG | Rating category 6-8 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 868 | 1,084 |
UBS AG | Rating category 9-13 | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 7,132 | 7,512 |
UBS AG | Rating category 9-13 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,025 | 1,009 |
UBS AG | Rating category 9-13 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 6,107 | 6,502 |
UBS AG | Rating category 9-13 | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Rating category 9-13 | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4,131 | 4,709 |
UBS AG | Rating category 9-13 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,739 | 4,107 |
UBS AG | Rating category 9-13 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 392 | 602 |
UBS AG | Rating category Defaulted | Off Balance Sheet Financial Instruments Without Other Credit Lines [Member] | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 233 | 196 |
UBS AG | Rating category Defaulted | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 108 | 150 |
UBS AG | Rating category Defaulted | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 124 | 46 |
UBS AG | Rating category Defaulted | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Rating category Defaulted | Total other credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 37 | 111 |
UBS AG | Rating category Defaulted | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 36 | 63 |
UBS AG | Rating category Defaulted | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2 | 48 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 107,545 | 103,565 |
ECL provision | (106) | (121) |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 19,805 | 19,695 |
ECL provision | (13) | (18) |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 37,531 | 37,097 |
ECL provision | (59) | (72) |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,801 | 1,444 |
ECL provision | 0 | 0 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 41,809 | 39,802 |
ECL provision | (32) | (28) |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4,600 | 5,527 |
ECL provision | (2) | (3) |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 7,252 | 4,457 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,770 | 2,797 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,288 | 2,636 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 7 | 17 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 5,917 | 7,037 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 14,789 | 13,917 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 15,777 | 16,467 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,938 | 2,438 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,812 | 4,375 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 6,818 | 7,416 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 8,960 | 8,304 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,411 | 1,422 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,229 | 3,075 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 9,625 | 7,127 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11,355 | 8,724 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 864 | 1,082 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 596 | 752 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4,529 | 5,840 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 3,429 | 3,671 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 380 | 568 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Twelve-month expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 6,522 | 6,006 |
ECL provision | (69) | (60) |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,254 | 1,127 |
ECL provision | (9) | (8) |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2,341 | 2,335 |
ECL provision | (52) | (42) |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
ECL provision | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,833 | 2,508 |
ECL provision | (8) | (10) |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 94 | 36 |
ECL provision | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 0-1 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 44 | 27 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 123 | 266 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 705 | 344 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 2-3 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 960 | 160 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 168 | 235 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 287 | 323 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 4-5 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 78 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 821 | 682 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 472 | 1,171 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 531 | 1,406 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 6-8 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 4 | 1 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 429 | 258 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 1,578 | 663 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 310 | 436 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category 9-13 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 11 | 34 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Positions that are not credit impaired | Rating category Defaulted | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 270 | 307 |
ECL provision | (26) | (15) |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 108 | 150 |
ECL provision | (26) | (15) |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 124 | 46 |
ECL provision | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Forward starting reverse repurchase and securities borrowing agreements | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
ECL provision | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 36 | 63 |
ECL provision | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 2 | 48 |
ECL provision | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 0-1 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 2-3 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 4-5 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 6-8 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category 9-13 | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 0 | 0 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Guarantees | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 108 | 150 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Irrevocable loan commitments | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 124 | 46 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Committed unconditionally revocable credit lines | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | 36 | 63 |
UBS AG | Lifetime expected credit losses | Credit-impaired positions | Rating category Defaulted | Irrevocable committed prolongation of existing loans | ||
Disclosure Of Off Balance Sheet Positions Subject To Expected Credit Loss By Rating Category [Table] | ||
Exposure To Credit Risk On Loan Commitments And Financial Guarantee Contracts | $ 2 | $ 48 |
Expected credit loss measure_16
Expected credit loss measurement - Potential effect on stage 1 and stage 2 positions from changing key parameters (Detail) $ in Thousands | 12 Months Ended |
Dec. 31, 2022 USD ($) | |
Baseline ECL scenario | Fixed income: 10-year government bonds (relative change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | $ (3,000) |
Baseline ECL scenario | Fixed income: 10-year government bonds (relative change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 4,000 |
Baseline ECL scenario | Fixed income: 10-year government bonds (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 8,000 |
Baseline ECL scenario | Unemployment rate (absolute change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (4,000) |
Baseline ECL scenario | Unemployment rate (absolute change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (2,000) |
Baseline ECL scenario | Unemployment rate (absolute change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 3,000 |
Baseline ECL scenario | Unemployment rate (absolute change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 5,000 |
Baseline ECL scenario | Real GDP growth (relative change) | Minus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 7,000 |
Baseline ECL scenario | Real GDP growth (relative change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 3,000 |
Baseline ECL scenario | Real GDP growth (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (3,000) |
Baseline ECL scenario | Real GDP growth (relative change) | Plus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (5,000) |
Baseline ECL scenario | House Price Index (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 15,000 |
Baseline ECL scenario | House Price Index (relative change) | Minus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 7,000 |
Baseline ECL scenario | House Price Index (relative change) | Plus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (4,000) |
Baseline ECL scenario | House Price Index (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (7,000) |
Baseline ECL scenario | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 4,000 |
Baseline ECL scenario | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 2,000 |
Baseline ECL scenario | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (2,000) |
Baseline ECL scenario | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (4,000) |
Stagflationary Geopolitical Crisis | Fixed income: 10-year government bonds (relative change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (106,000) |
Stagflationary Geopolitical Crisis | Fixed income: 10-year government bonds (relative change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 124,000 |
Stagflationary Geopolitical Crisis | Fixed income: 10-year government bonds (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 264,000 |
Stagflationary Geopolitical Crisis | Unemployment rate (absolute change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (138,000) |
Stagflationary Geopolitical Crisis | Unemployment rate (absolute change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (78,000) |
Stagflationary Geopolitical Crisis | Unemployment rate (absolute change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 84,000 |
Stagflationary Geopolitical Crisis | Unemployment rate (absolute change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 179,000 |
Stagflationary Geopolitical Crisis | Real GDP growth (relative change) | Minus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 13,000 |
Stagflationary Geopolitical Crisis | Real GDP growth (relative change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 7,000 |
Stagflationary Geopolitical Crisis | Real GDP growth (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (7,000) |
Stagflationary Geopolitical Crisis | Real GDP growth (relative change) | Plus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (13,000) |
Stagflationary Geopolitical Crisis | House Price Index (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 196,000 |
Stagflationary Geopolitical Crisis | House Price Index (relative change) | Minus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 92,000 |
Stagflationary Geopolitical Crisis | House Price Index (relative change) | Plus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (83,000) |
Stagflationary Geopolitical Crisis | House Price Index (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (157,000) |
Stagflationary Geopolitical Crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 7,000 |
Stagflationary Geopolitical Crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 3,000 |
Stagflationary Geopolitical Crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (4,000) |
Stagflationary Geopolitical Crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (8,000) |
Global crisis | Fixed income: 10-year government bonds (relative change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (2,000) |
Global crisis | Fixed income: 10-year government bonds (relative change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 2,000 |
Global crisis | Fixed income: 10-year government bonds (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 10,000 |
Global crisis | Unemployment rate (absolute change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (24,000) |
Global crisis | Unemployment rate (absolute change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (13,000) |
Global crisis | Unemployment rate (absolute change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 16,000 |
Global crisis | Unemployment rate (absolute change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 32,000 |
Global crisis | Real GDP growth (relative change) | Minus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 18,000 |
Global crisis | Real GDP growth (relative change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 9,000 |
Global crisis | Real GDP growth (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (9,000) |
Global crisis | Real GDP growth (relative change) | Plus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (18,000) |
Global crisis | House Price Index (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 88,000 |
Global crisis | House Price Index (relative change) | Minus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 40,000 |
Global crisis | House Price Index (relative change) | Plus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (35,000) |
Global crisis | House Price Index (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (65,000) |
Global crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 6,000 |
Global crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 3,000 |
Global crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (3,000) |
Global crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (7,000) |
Weighted average | Fixed income: 10-year government bonds (relative change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (14,000) |
Weighted average | Fixed income: 10-year government bonds (relative change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 17,000 |
Weighted average | Fixed income: 10-year government bonds (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 37,000 |
Weighted average | Unemployment rate (absolute change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (23,000) |
Weighted average | Unemployment rate (absolute change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (12,000) |
Weighted average | Unemployment rate (absolute change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 15,000 |
Weighted average | Unemployment rate (absolute change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 31,000 |
Weighted average | Real GDP growth (relative change) | Minus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 11,000 |
Weighted average | Real GDP growth (relative change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 5,000 |
Weighted average | Real GDP growth (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (5,000) |
Weighted average | Real GDP growth (relative change) | Plus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (10,000) |
Weighted average | House Price Index (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 56,000 |
Weighted average | House Price Index (relative change) | Minus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 25,000 |
Weighted average | House Price Index (relative change) | Plus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (19,000) |
Weighted average | House Price Index (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (36,000) |
Weighted average | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 5,000 |
Weighted average | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 2,000 |
Weighted average | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (2,000) |
Weighted average | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (5,000) |
UBS AG | Baseline ECL scenario | Fixed income: 10-year government bonds (relative change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (3,000) |
UBS AG | Baseline ECL scenario | Fixed income: 10-year government bonds (relative change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 4,000 |
UBS AG | Baseline ECL scenario | Fixed income: 10-year government bonds (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 8,000 |
UBS AG | Baseline ECL scenario | Unemployment rate (absolute change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (4,000) |
UBS AG | Baseline ECL scenario | Unemployment rate (absolute change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (2,000) |
UBS AG | Baseline ECL scenario | Unemployment rate (absolute change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 3,000 |
UBS AG | Baseline ECL scenario | Unemployment rate (absolute change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 5,000 |
UBS AG | Baseline ECL scenario | Real GDP growth (relative change) | Minus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 7,000 |
UBS AG | Baseline ECL scenario | Real GDP growth (relative change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 3,000 |
UBS AG | Baseline ECL scenario | Real GDP growth (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (3,000) |
UBS AG | Baseline ECL scenario | Real GDP growth (relative change) | Plus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (5,000) |
UBS AG | Baseline ECL scenario | House Price Index (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 15,000 |
UBS AG | Baseline ECL scenario | House Price Index (relative change) | Minus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 7,000 |
UBS AG | Baseline ECL scenario | House Price Index (relative change) | Plus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (4,000) |
UBS AG | Baseline ECL scenario | House Price Index (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (7,000) |
UBS AG | Baseline ECL scenario | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 4,000 |
UBS AG | Baseline ECL scenario | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 2,000 |
UBS AG | Baseline ECL scenario | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (2,000) |
UBS AG | Baseline ECL scenario | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (4,000) |
UBS AG | Stagflationary Geopolitical Crisis | Fixed income: 10-year government bonds (relative change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (106,000) |
UBS AG | Stagflationary Geopolitical Crisis | Fixed income: 10-year government bonds (relative change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 124,000 |
UBS AG | Stagflationary Geopolitical Crisis | Fixed income: 10-year government bonds (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 264,000 |
UBS AG | Stagflationary Geopolitical Crisis | Unemployment rate (absolute change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (138,000) |
UBS AG | Stagflationary Geopolitical Crisis | Unemployment rate (absolute change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (78,000) |
UBS AG | Stagflationary Geopolitical Crisis | Unemployment rate (absolute change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 84,000 |
UBS AG | Stagflationary Geopolitical Crisis | Unemployment rate (absolute change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 179,000 |
UBS AG | Stagflationary Geopolitical Crisis | Real GDP growth (relative change) | Minus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 13,000 |
UBS AG | Stagflationary Geopolitical Crisis | Real GDP growth (relative change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 7,000 |
UBS AG | Stagflationary Geopolitical Crisis | Real GDP growth (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (7,000) |
UBS AG | Stagflationary Geopolitical Crisis | Real GDP growth (relative change) | Plus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (13,000) |
UBS AG | Stagflationary Geopolitical Crisis | House Price Index (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 196,000 |
UBS AG | Stagflationary Geopolitical Crisis | House Price Index (relative change) | Minus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 92,000 |
UBS AG | Stagflationary Geopolitical Crisis | House Price Index (relative change) | Plus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (83,000) |
UBS AG | Stagflationary Geopolitical Crisis | House Price Index (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (157,000) |
UBS AG | Stagflationary Geopolitical Crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 7,000 |
UBS AG | Stagflationary Geopolitical Crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 3,000 |
UBS AG | Stagflationary Geopolitical Crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (4,000) |
UBS AG | Stagflationary Geopolitical Crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (8,000) |
UBS AG | Global crisis | Fixed income: 10-year government bonds (relative change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (2,000) |
UBS AG | Global crisis | Fixed income: 10-year government bonds (relative change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 2,000 |
UBS AG | Global crisis | Fixed income: 10-year government bonds (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 10,000 |
UBS AG | Global crisis | Unemployment rate (absolute change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (24,000) |
UBS AG | Global crisis | Unemployment rate (absolute change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (13,000) |
UBS AG | Global crisis | Unemployment rate (absolute change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 16,000 |
UBS AG | Global crisis | Unemployment rate (absolute change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 32,000 |
UBS AG | Global crisis | Real GDP growth (relative change) | Minus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 18,000 |
UBS AG | Global crisis | Real GDP growth (relative change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 9,000 |
UBS AG | Global crisis | Real GDP growth (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (9,000) |
UBS AG | Global crisis | Real GDP growth (relative change) | Plus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (18,000) |
UBS AG | Global crisis | House Price Index (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 88,000 |
UBS AG | Global crisis | House Price Index (relative change) | Minus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 40,000 |
UBS AG | Global crisis | House Price Index (relative change) | Plus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (35,000) |
UBS AG | Global crisis | House Price Index (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (65,000) |
UBS AG | Global crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 6,000 |
UBS AG | Global crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 3,000 |
UBS AG | Global crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (3,000) |
UBS AG | Global crisis | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (7,000) |
UBS AG | Weighted average | Fixed income: 10-year government bonds (relative change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (14,000) |
UBS AG | Weighted average | Fixed income: 10-year government bonds (relative change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 17,000 |
UBS AG | Weighted average | Fixed income: 10-year government bonds (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 37,000 |
UBS AG | Weighted average | Unemployment rate (absolute change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (23,000) |
UBS AG | Weighted average | Unemployment rate (absolute change) | Minus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (12,000) |
UBS AG | Weighted average | Unemployment rate (absolute change) | Plus 0.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 15,000 |
UBS AG | Weighted average | Unemployment rate (absolute change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 31,000 |
UBS AG | Weighted average | Real GDP growth (relative change) | Minus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 11,000 |
UBS AG | Weighted average | Real GDP growth (relative change) | Minus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 5,000 |
UBS AG | Weighted average | Real GDP growth (relative change) | Plus 1.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (5,000) |
UBS AG | Weighted average | Real GDP growth (relative change) | Plus 2.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (10,000) |
UBS AG | Weighted average | House Price Index (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 56,000 |
UBS AG | Weighted average | House Price Index (relative change) | Minus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 25,000 |
UBS AG | Weighted average | House Price Index (relative change) | Plus 2.50 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (19,000) |
UBS AG | Weighted average | House Price Index (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (36,000) |
UBS AG | Weighted average | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 5,000 |
UBS AG | Weighted average | Equity (S&P500, EuroStoxx, SMI) (relative change) | Minus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | 2,000 |
UBS AG | Weighted average | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 5.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | (2,000) |
UBS AG | Weighted average | Equity (S&P500, EuroStoxx, SMI) (relative change) | Plus 10.00 percent | |
Disclosure Of Key Macro Economic Variables Used For Expected Credit Loss Model [Table] | |
Economic forecast financial effect | $ (5,000) |
Expected credit loss measure_17
Expected credit loss measurement - Potential effect on stage 1 and stage 2 positions from changing scenario weights or moving to an ECL lifetime calculation (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | $ (1,091) | $ (1,165) | $ (1,468) |
Weighted average | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | $ (526) | $ (503) | |
ECL with adjusted probabilities of scenario weights in percent of baseline | 160% | 130% | |
Weighted average | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | $ (136) | ||
Weighted average | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (43) | ||
Weighted average | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (136) | ||
Weighted average | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (86) | ||
Weighted average | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (125) | ||
Baseline ECL scenario | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (329) | $ (387) | |
Baseline ECL scenario | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (25) | ||
Baseline ECL scenario | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (26) | ||
Baseline ECL scenario | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (97) | ||
Baseline ECL scenario | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (67) | ||
Baseline ECL scenario | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (114) | ||
Upside ECL scenario | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (295) | ||
Upside ECL scenario | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (13) | ||
Upside ECL scenario | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (22) | ||
Upside ECL scenario | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (84) | ||
Upside ECL scenario | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (66) | ||
Upside ECL scenario | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (111) | ||
Stagflationary Geopolitical Crisis | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (1,204) | ||
Stagflationary Geopolitical Crisis | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (523) | ||
Stagflationary Geopolitical Crisis | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (176) | ||
Stagflationary Geopolitical Crisis | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (199) | ||
Stagflationary Geopolitical Crisis | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (162) | ||
Stagflationary Geopolitical Crisis | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (145) | ||
Global crisis | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (638) | ||
Global crisis | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (184) | ||
Global crisis | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (30) | ||
Global crisis | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (174) | ||
Global crisis | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (97) | ||
Global crisis | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (153) | ||
Lifetime weighted average | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (1,267) | ||
Lifetime weighted average | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (473) | ||
Lifetime weighted average | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (126) | ||
Lifetime weighted average | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (235) | ||
Lifetime weighted average | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (153) | ||
Lifetime weighted average | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (281) | ||
UBS AG | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (1,091) | (1,165) | $ (1,468) |
UBS AG | Weighted average | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | $ (526) | $ (503) | |
ECL with adjusted probabilities of scenario weights in percent of baseline | 160% | 130% | |
UBS AG | Weighted average | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | $ (136) | ||
UBS AG | Weighted average | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (43) | ||
UBS AG | Weighted average | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (136) | ||
UBS AG | Weighted average | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (86) | ||
UBS AG | Weighted average | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (125) | ||
UBS AG | Baseline ECL scenario | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (329) | $ (387) | |
UBS AG | Baseline ECL scenario | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (25) | ||
UBS AG | Baseline ECL scenario | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (26) | ||
UBS AG | Baseline ECL scenario | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (97) | ||
UBS AG | Baseline ECL scenario | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (67) | ||
UBS AG | Baseline ECL scenario | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (114) | ||
UBS AG | Upside ECL scenario | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (295) | ||
UBS AG | Upside ECL scenario | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (13) | ||
UBS AG | Upside ECL scenario | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (22) | ||
UBS AG | Upside ECL scenario | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (84) | ||
UBS AG | Upside ECL scenario | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (66) | ||
UBS AG | Upside ECL scenario | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (111) | ||
UBS AG | Stagflationary Geopolitical Crisis | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (1,204) | ||
UBS AG | Stagflationary Geopolitical Crisis | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (523) | ||
UBS AG | Stagflationary Geopolitical Crisis | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (176) | ||
UBS AG | Stagflationary Geopolitical Crisis | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (199) | ||
UBS AG | Stagflationary Geopolitical Crisis | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (162) | ||
UBS AG | Stagflationary Geopolitical Crisis | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (145) | ||
UBS AG | Global crisis | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (638) | ||
UBS AG | Global crisis | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (184) | ||
UBS AG | Global crisis | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (30) | ||
UBS AG | Global crisis | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (174) | ||
UBS AG | Global crisis | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (97) | ||
UBS AG | Global crisis | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (153) | ||
UBS AG | Lifetime weighted average | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (1,267) | ||
UBS AG | Lifetime weighted average | Private clients with mortgages | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (473) | ||
UBS AG | Lifetime weighted average | Real estate financing | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (126) | ||
UBS AG | Lifetime weighted average | Large corporate clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (235) | ||
UBS AG | Lifetime weighted average | SME clients | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | (153) | ||
UBS AG | Lifetime weighted average | Other segments | |||
ECL Measurement Sensitivity Analysis [Table] | |||
Total ECL allowances and provisions | $ (281) |
Fair value measurement (Narrati
Fair value measurement (Narrative) (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Gains / (losses) from own credit on financial liabilities designated at fair value, before tax | $ 867 | $ 46 | $ (293) |
Other net income from financial instruments measured at fair value through profit or loss, swaps portfolio close | (861) | ||
UBS AG | |||
Entity [Table] | |||
Gains / (losses) from own credit on financial liabilities designated at fair value, before tax | $ 867 | 46 | $ (293) |
Other net income from financial instruments measured at fair value through profit or loss, swaps portfolio close | $ (861) |
FVM - Fair value hierarchy - As
FVM - Fair value hierarchy - Assets (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | $ 107,866 | $ 130,821 |
Derivative financial instruments | 150,108 | 118,142 |
Brokerage receivables | 17,576 | 21,839 |
Financial assets at fair value not held for trading | 59,796 | 60,080 |
Financial assets measured at fair value through other comprehensive income | 2,239 | 8,844 |
Non-financial assets - Precious metals and other physical commodities | 4,471 | 5,258 |
Other non-financial assets measured at fair value | 110 | 26 |
Total assets measured at fair value | 342,166 | 345,010 |
Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 83,988 | 99,197 |
Financial assets at fair value not held for trading | 849 | 765 |
Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 6,464 | 8,496 |
Financial assets at fair value not held for trading | 16,741 | 8,860 |
Financial assets measured at fair value through other comprehensive income | 26 | 2,686 |
Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 7,330 | 9,229 |
Financial assets at fair value not held for trading | 1,063 | 1,028 |
Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 7,880 | 8,868 |
Financial assets at fair value not held for trading | 14,366 | 14,366 |
Financial assets measured at fair value through other comprehensive income | 2,213 | 1,310 |
Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 1,807 | 4,542 |
Financial assets at fair value not held for trading | 4,337 | 5,874 |
Asset-backed securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 397 | 489 |
Financial assets measured at fair value through other comprehensive income | 0 | 4,849 |
Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 85,458 | 53,305 |
Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 39,805 | 33,241 |
Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 22,195 | 28,245 |
Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 1,038 | 1,414 |
Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 1,365 | 1,606 |
Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 1,326 | 1,585 |
Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 7,704 | 5,804 |
Financial assets for unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 13,072 | 21,303 |
Level 1 | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 96,241 | 113,697 |
Derivative financial instruments | 769 | 522 |
Brokerage receivables | 0 | 0 |
Financial assets at fair value not held for trading | 26,572 | 27,278 |
Financial assets measured at fair value through other comprehensive income | 57 | 2,704 |
Non-financial assets - Precious metals and other physical commodities | 4,471 | 5,258 |
Other non-financial assets measured at fair value | 0 | 0 |
Total assets measured at fair value | 128,110 | 149,459 |
Level 1 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 83,074 | 97,958 |
Financial assets at fair value not held for trading | 57 | 83 |
Level 1 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 5,496 | 7,135 |
Financial assets at fair value not held for trading | 13,103 | 5,624 |
Financial assets measured at fair value through other comprehensive income | 0 | 2,658 |
Level 1 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 6,673 | 7,843 |
Financial assets at fair value not held for trading | 307 | 338 |
Level 1 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 976 | 708 |
Financial assets at fair value not held for trading | 35 | 123 |
Financial assets measured at fair value through other comprehensive income | 57 | 45 |
Level 1 | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 0 | 0 |
Financial assets at fair value not held for trading | 0 | 0 |
Level 1 | Asset-backed securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 22 | 53 |
Financial assets measured at fair value through other comprehensive income | 0 | 0 |
Level 1 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 575 | 255 |
Level 1 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 0 | 0 |
Level 1 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 1 | 0 |
Level 1 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 0 | 0 |
Level 1 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 0 | 0 |
Level 1 | Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 0 | 0 |
Level 1 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 0 | 0 |
Level 1 | Financial assets for unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 13,071 | 21,110 |
Level 2 | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 10,138 | 14,825 |
Derivative financial instruments | 147,875 | 116,479 |
Brokerage receivables | 17,576 | 21,839 |
Financial assets at fair value not held for trading | 29,498 | 28,622 |
Financial assets measured at fair value through other comprehensive income | 2,182 | 6,140 |
Non-financial assets - Precious metals and other physical commodities | 0 | 0 |
Other non-financial assets measured at fair value | 0 | 0 |
Total assets measured at fair value | 207,269 | 187,905 |
Level 2 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 789 | 1,090 |
Financial assets at fair value not held for trading | 0 | 2 |
Level 2 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 950 | 1,351 |
Financial assets at fair value not held for trading | 3,638 | 3,236 |
Financial assets measured at fair value through other comprehensive income | 26 | 27 |
Level 2 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 596 | 1,364 |
Financial assets at fair value not held for trading | 566 | 574 |
Level 2 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 6,363 | 7,604 |
Financial assets at fair value not held for trading | 14,101 | 13,937 |
Financial assets measured at fair value through other comprehensive income | 2,156 | 1,265 |
Level 2 | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 1,179 | 3,099 |
Financial assets at fair value not held for trading | 3,602 | 4,982 |
Level 2 | Asset-backed securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 261 | 317 |
Financial assets measured at fair value through other comprehensive income | 0 | 4,849 |
Level 2 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 84,881 | 53,043 |
Level 2 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 39,345 | 32,747 |
Level 2 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 21,542 | 27,861 |
Level 2 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 719 | 1,179 |
Level 2 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 1,334 | 1,590 |
Level 2 | Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 0 | 0 |
Level 2 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 7,590 | 5,704 |
Level 2 | Financial assets for unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 1 | 187 |
Level 3 | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 1,488 | 2,299 |
Derivative financial instruments | 1,464 | 1,140 |
Brokerage receivables | 0 | 0 |
Financial assets at fair value not held for trading | 3,725 | 4,180 |
Financial assets measured at fair value through other comprehensive income | 0 | 0 |
Non-financial assets - Precious metals and other physical commodities | 0 | 0 |
Other non-financial assets measured at fair value | 110 | 26 |
Total assets measured at fair value | 6,788 | 7,645 |
Level 3 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 126 | 149 |
Financial assets at fair value not held for trading | 792 | 681 |
Total assets measured at fair value | 900 | 800 |
Level 3 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 18 | 10 |
Financial assets at fair value not held for trading | 0 | 0 |
Financial assets measured at fair value through other comprehensive income | 0 | 0 |
Level 3 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 61 | 21 |
Financial assets at fair value not held for trading | 190 | 117 |
Total assets measured at fair value | 300 | 100 |
Level 3 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 541 | 556 |
Financial assets at fair value not held for trading | 230 | 306 |
Financial assets measured at fair value through other comprehensive income | 0 | 0 |
Total assets measured at fair value | 800 | 900 |
Level 3 | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 628 | 1,443 |
Financial assets at fair value not held for trading | 736 | 892 |
Level 3 | Asset-backed securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 114 | 120 |
Financial assets measured at fair value through other comprehensive income | 0 | 0 |
Level 3 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 2 | 7 |
Level 3 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 460 | 494 |
Level 3 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 653 | 384 |
Level 3 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 318 | 236 |
Level 3 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 30 | 16 |
Level 3 | Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 1,326 | 1,585 |
Total assets measured at fair value | 1,300 | 1,600 |
Level 3 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 114 | 100 |
Level 3 | Financial assets for unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 0 | 6 |
UBS AG | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 108,034 | 131,033 |
Derivative financial instruments | 150,109 | 118,145 |
Brokerage receivables | 17,576 | 21,839 |
Financial assets at fair value not held for trading | 59,408 | 59,642 |
Financial assets measured at fair value through other comprehensive income | 2,239 | 8,844 |
Non-financial assets - Precious metals and other physical commodities | 4,471 | 5,258 |
Other non-financial assets measured at fair value | 21 | 26 |
Total assets measured at fair value | 341,858 | 344,787 |
UBS AG | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 84,010 | 99,222 |
Financial assets at fair value not held for trading | 849 | 765 |
UBS AG | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 6,464 | 8,496 |
Financial assets at fair value not held for trading | 16,741 | 8,860 |
Financial assets measured at fair value through other comprehensive income | 26 | 2,686 |
UBS AG | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 7,330 | 9,229 |
Financial assets at fair value not held for trading | 675 | 591 |
UBS AG | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 8,026 | 9,055 |
Financial assets at fair value not held for trading | 14,366 | 14,366 |
Financial assets measured at fair value through other comprehensive income | 2,213 | 1,310 |
UBS AG | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 1,807 | 4,542 |
Financial assets at fair value not held for trading | 4,337 | 5,874 |
UBS AG | Asset-backed securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 397 | 489 |
Financial assets measured at fair value through other comprehensive income | 0 | 4,849 |
UBS AG | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 85,459 | 53,307 |
UBS AG | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 39,805 | 33,241 |
UBS AG | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 22,195 | 28,245 |
UBS AG | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 1,038 | 1,414 |
UBS AG | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 1,365 | 1,606 |
UBS AG | Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 1,326 | 1,585 |
UBS AG | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 7,704 | 5,804 |
UBS AG | Financial assets for unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 13,072 | 21,303 |
UBS AG | Level 1 | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 96,263 | 113,722 |
Derivative financial instruments | 769 | 522 |
Brokerage receivables | 0 | 0 |
Financial assets at fair value not held for trading | 26,572 | 27,278 |
Financial assets measured at fair value through other comprehensive income | 57 | 2,704 |
Non-financial assets - Precious metals and other physical commodities | 4,471 | 5,258 |
Other non-financial assets measured at fair value | 0 | 0 |
Total assets measured at fair value | 128,132 | 149,484 |
UBS AG | Level 1 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 83,095 | 97,983 |
Financial assets at fair value not held for trading | 57 | 83 |
UBS AG | Level 1 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 5,496 | 7,135 |
Financial assets at fair value not held for trading | 13,103 | 5,624 |
Financial assets measured at fair value through other comprehensive income | 0 | 2,658 |
UBS AG | Level 1 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 6,673 | 7,843 |
Financial assets at fair value not held for trading | 307 | 338 |
UBS AG | Level 1 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 976 | 708 |
Financial assets at fair value not held for trading | 35 | 123 |
Financial assets measured at fair value through other comprehensive income | 57 | 45 |
UBS AG | Level 1 | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 0 | 0 |
Financial assets at fair value not held for trading | 0 | 0 |
UBS AG | Level 1 | Asset-backed securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 22 | 53 |
Financial assets measured at fair value through other comprehensive income | 0 | 0 |
UBS AG | Level 1 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 575 | 255 |
UBS AG | Level 1 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 0 | 0 |
UBS AG | Level 1 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 1 | 0 |
UBS AG | Level 1 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 0 | 0 |
UBS AG | Level 1 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 0 | 0 |
UBS AG | Level 1 | Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 0 | 0 |
UBS AG | Level 1 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 0 | 0 |
UBS AG | Level 1 | Financial assets for unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 13,071 | 21,110 |
UBS AG | Level 2 | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 10,284 | 15,012 |
Derivative financial instruments | 147,876 | 116,482 |
Brokerage receivables | 17,576 | 21,839 |
Financial assets at fair value not held for trading | 29,110 | 28,185 |
Financial assets measured at fair value through other comprehensive income | 2,182 | 6,140 |
Non-financial assets - Precious metals and other physical commodities | 0 | 0 |
Other non-financial assets measured at fair value | 0 | 0 |
Total assets measured at fair value | 207,028 | 187,658 |
UBS AG | Level 2 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 789 | 1,090 |
Financial assets at fair value not held for trading | 0 | 2 |
UBS AG | Level 2 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 950 | 1,351 |
Financial assets at fair value not held for trading | 3,638 | 3,236 |
Financial assets measured at fair value through other comprehensive income | 26 | 27 |
UBS AG | Level 2 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 596 | 1,364 |
Financial assets at fair value not held for trading | 178 | 137 |
UBS AG | Level 2 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 6,509 | 7,791 |
Financial assets at fair value not held for trading | 14,101 | 13,937 |
Financial assets measured at fair value through other comprehensive income | 2,156 | 1,265 |
UBS AG | Level 2 | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 1,179 | 3,099 |
Financial assets at fair value not held for trading | 3,602 | 4,982 |
UBS AG | Level 2 | Asset-backed securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 261 | 317 |
Financial assets measured at fair value through other comprehensive income | 0 | 4,849 |
UBS AG | Level 2 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 84,882 | 53,046 |
UBS AG | Level 2 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 39,345 | 32,747 |
UBS AG | Level 2 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 21,542 | 27,861 |
UBS AG | Level 2 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 719 | 1,179 |
UBS AG | Level 2 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 1,334 | 1,590 |
UBS AG | Level 2 | Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 0 | 0 |
UBS AG | Level 2 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 7,590 | 5,704 |
UBS AG | Level 2 | Financial assets for unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 1 | 187 |
UBS AG | Level 3 | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 1,488 | 2,299 |
Derivative financial instruments | 1,464 | 1,140 |
Brokerage receivables | 0 | 0 |
Financial assets at fair value not held for trading | 3,725 | 4,180 |
Financial assets measured at fair value through other comprehensive income | 0 | 0 |
Non-financial assets - Precious metals and other physical commodities | 0 | 0 |
Other non-financial assets measured at fair value | 21 | 26 |
Total assets measured at fair value | 6,698 | 7,645 |
UBS AG | Level 3 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 126 | 149 |
Financial assets at fair value not held for trading | 792 | 681 |
UBS AG | Level 3 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 18 | 10 |
Financial assets at fair value not held for trading | 0 | 0 |
Financial assets measured at fair value through other comprehensive income | 0 | 0 |
UBS AG | Level 3 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 61 | 21 |
Financial assets at fair value not held for trading | 190 | 117 |
UBS AG | Level 3 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 541 | 556 |
Financial assets at fair value not held for trading | 230 | 306 |
Financial assets measured at fair value through other comprehensive income | 0 | 0 |
UBS AG | Level 3 | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 628 | 1,443 |
Financial assets at fair value not held for trading | 736 | 892 |
UBS AG | Level 3 | Asset-backed securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value held for trading | 114 | 120 |
Financial assets measured at fair value through other comprehensive income | 0 | 0 |
UBS AG | Level 3 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 2 | 7 |
UBS AG | Level 3 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 460 | 494 |
UBS AG | Level 3 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 653 | 384 |
UBS AG | Level 3 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 318 | 236 |
UBS AG | Level 3 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Derivative financial instruments | 30 | 16 |
UBS AG | Level 3 | Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 1,326 | 1,585 |
UBS AG | Level 3 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | 114 | 100 |
UBS AG | Level 3 | Financial assets for unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Financial assets at fair value not held for trading | $ 0 | $ 6 |
FVM - Fair value hierarchy - Li
FVM - Fair value hierarchy - Liabilities (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | $ 29,515 | $ 31,688 |
Derivative financial instruments | 154,906 | 121,309 |
Brokerage payables designated at fair value | 45,085 | 44,045 |
Debt issued designated at fair value | 73,638 | 73,799 |
Other financial liabilities designated at fair value | 30,237 | 30,074 |
Total financial liabilities measured at fair value through profit or loss | 333,381 | 300,916 |
Equity instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 16,951 | 18,924 |
Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 4,707 | 4,266 |
Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 6,587 | 6,709 |
Investment fund units | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 1,229 | 1,733 |
Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 88,508 | 54,078 |
Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 37,545 | 28,675 |
Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 26,148 | 34,949 |
Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 1,199 | 1,753 |
Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 1,361 | 1,566 |
Financial liabilities related to unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 13,221 | 21,466 |
Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 15,333 | 6,377 |
Over-the-counter debt instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 1,684 | 2,231 |
Level 1 | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 23,578 | 25,413 |
Derivative financial instruments | 640 | 509 |
Brokerage payables designated at fair value | 0 | 0 |
Debt issued designated at fair value | 0 | 0 |
Other financial liabilities designated at fair value | 0 | 0 |
Total financial liabilities measured at fair value through profit or loss | 24,219 | 25,922 |
Level 1 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 16,521 | 18,328 |
Level 1 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 36 | 30 |
Level 1 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 5,880 | 5,883 |
Level 1 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 1,141 | 1,172 |
Level 1 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 587 | 258 |
Level 1 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 0 | 0 |
Level 1 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 0 | 0 |
Level 1 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 0 | 0 |
Level 1 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 0 | 0 |
Level 1 | Financial liabilities related to unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 0 | 0 |
Level 1 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 0 | 0 |
Level 1 | Over-the-counter debt instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 0 | 0 |
Level 2 | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 5,823 | 6,170 |
Derivative financial instruments | 152,582 | 118,558 |
Brokerage payables designated at fair value | 45,085 | 44,045 |
Debt issued designated at fair value | 63,111 | 59,606 |
Other financial liabilities designated at fair value | 29,547 | 29,258 |
Total financial liabilities measured at fair value through profit or loss | 296,148 | 257,637 |
Level 2 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 352 | 513 |
Level 2 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 4,643 | 4,219 |
Level 2 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 706 | 826 |
Level 2 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 84 | 555 |
Level 2 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 87,897 | 53,800 |
Level 2 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 37,429 | 28,398 |
Level 2 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 24,963 | 33,438 |
Level 2 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 920 | 1,412 |
Level 2 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 1,309 | 1,503 |
Level 2 | Financial liabilities related to unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 13,221 | 21,466 |
Level 2 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 15,333 | 6,375 |
Level 2 | Over-the-counter debt instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 993 | 1,417 |
Level 3 | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 114 | 105 |
Derivative financial instruments | 1,684 | 2,242 |
Brokerage payables designated at fair value | 0 | 0 |
Debt issued designated at fair value | 10,527 | 14,194 |
Other financial liabilities designated at fair value | 691 | 816 |
Total financial liabilities measured at fair value through profit or loss | 13,015 | 17,357 |
Level 3 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 78 | 83 |
Total financial liabilities measured at fair value through profit or loss | 100 | 100 |
Level 3 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 27 | 17 |
Total financial liabilities measured at fair value through profit or loss | 0 | 0 |
Level 3 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 1 | 0 |
Level 3 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 3 | 6 |
Total financial liabilities measured at fair value through profit or loss | 0 | 0 |
Level 3 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 24 | 21 |
Level 3 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 116 | 278 |
Level 3 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 1,184 | 1,511 |
Level 3 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 279 | 341 |
Level 3 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 52 | 63 |
Level 3 | Financial liabilities related to unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 0 | 0 |
Level 3 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 0 | 2 |
Level 3 | Over-the-counter debt instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 691 | 814 |
UBS AG | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 29,515 | 31,688 |
Derivative financial instruments | 154,906 | 121,309 |
Brokerage payables designated at fair value | 45,085 | 44,045 |
Debt issued designated at fair value | 71,842 | 71,460 |
Other financial liabilities designated at fair value | 32,033 | 32,414 |
Total financial liabilities measured at fair value through profit or loss | 333,382 | 300,916 |
UBS AG | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 16,951 | 18,924 |
UBS AG | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 4,707 | 4,266 |
UBS AG | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 6,587 | 6,709 |
UBS AG | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 1,229 | 1,733 |
UBS AG | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 88,508 | 54,078 |
UBS AG | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 37,545 | 28,675 |
UBS AG | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 26,148 | 34,949 |
UBS AG | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 1,199 | 1,753 |
UBS AG | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 1,361 | 1,566 |
UBS AG | Financial liabilities related to unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 13,221 | 21,466 |
UBS AG | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 15,333 | 6,377 |
UBS AG | Over-the-counter debt instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 1,684 | 2,231 |
UBS AG | Level 1 | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 23,578 | 25,413 |
Derivative financial instruments | 640 | 509 |
Brokerage payables designated at fair value | 0 | 0 |
Debt issued designated at fair value | 0 | 0 |
Other financial liabilities designated at fair value | 0 | 0 |
Total financial liabilities measured at fair value through profit or loss | 24,219 | 25,922 |
UBS AG | Level 1 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 16,521 | 18,328 |
UBS AG | Level 1 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 36 | 30 |
UBS AG | Level 1 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 5,880 | 5,883 |
UBS AG | Level 1 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 1,141 | 1,172 |
UBS AG | Level 1 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 587 | 258 |
UBS AG | Level 1 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 0 | 0 |
UBS AG | Level 1 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 0 | 0 |
UBS AG | Level 1 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 0 | 0 |
UBS AG | Level 1 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 0 | 0 |
UBS AG | Level 1 | Financial liabilities related to unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 0 | 0 |
UBS AG | Level 1 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 0 | 0 |
UBS AG | Level 1 | Over-the-counter debt instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 0 | 0 |
UBS AG | Level 2 | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 5,823 | 6,170 |
Derivative financial instruments | 152,582 | 118,558 |
Brokerage payables designated at fair value | 45,085 | 44,045 |
Debt issued designated at fair value | 62,603 | 59,606 |
Other financial liabilities designated at fair value | 30,055 | 29,258 |
Total financial liabilities measured at fair value through profit or loss | 296,148 | 257,637 |
UBS AG | Level 2 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 352 | 513 |
UBS AG | Level 2 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 4,643 | 4,219 |
UBS AG | Level 2 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 706 | 826 |
UBS AG | Level 2 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 84 | 555 |
UBS AG | Level 2 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 87,897 | 53,800 |
UBS AG | Level 2 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 37,429 | 28,398 |
UBS AG | Level 2 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 24,963 | 33,438 |
UBS AG | Level 2 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 920 | 1,412 |
UBS AG | Level 2 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 1,309 | 1,503 |
UBS AG | Level 2 | Financial liabilities related to unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 13,221 | 21,466 |
UBS AG | Level 2 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 15,333 | 6,375 |
UBS AG | Level 2 | Over-the-counter debt instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 993 | 1,417 |
UBS AG | Level 3 | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 114 | 105 |
Derivative financial instruments | 1,684 | 2,242 |
Brokerage payables designated at fair value | 0 | 0 |
Debt issued designated at fair value | 9,240 | 11,854 |
Other financial liabilities designated at fair value | 1,978 | 3,156 |
Total financial liabilities measured at fair value through profit or loss | 13,015 | 17,357 |
UBS AG | Level 3 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 78 | 83 |
UBS AG | Level 3 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 27 | 17 |
UBS AG | Level 3 | Government bills / bonds | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 1 | 0 |
UBS AG | Level 3 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Financial liabilities at fair value held for trading | 3 | 6 |
UBS AG | Level 3 | Foreign exchange contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 24 | 21 |
UBS AG | Level 3 | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 116 | 278 |
UBS AG | Level 3 | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 1,184 | 1,511 |
UBS AG | Level 3 | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 279 | 341 |
UBS AG | Level 3 | Commodity contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Derivative financial instruments | 52 | 63 |
UBS AG | Level 3 | Financial liabilities related to unit-linked investment contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 0 | 0 |
UBS AG | Level 3 | Securities financing transactions | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | 0 | 2 |
UBS AG | Level 3 | Over-the-counter debt instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Other financial liabilities designated at fair value | $ 691 | $ 814 |
FVM - Valuation adjustment rese
FVM - Valuation adjustment reserves on the balance sheet (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Entity [Table] | ||||
Deferred day-1 profit or loss reserves | $ 422 | $ 418 | $ 269 | $ 146 |
Own credit adjustments on financial liabilities designated at fair value | 556 | (315) | (381) | |
UBS AG | ||||
Entity [Table] | ||||
Deferred day-1 profit or loss reserves | 422 | 418 | 269 | $ 146 |
Own credit adjustments on financial liabilities designated at fair value | $ 556 | $ (315) | $ (381) |
FVM - Valuation adjustments_ De
FVM - Valuation adjustments: Deferred day-1 P&L (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Reserve balance at the beginning of the period | $ 418 | $ 269 | $ 146 |
Profit / (loss) deferred on new transactions | 299 | 459 | 362 |
(Profit) / loss recognized in the income statement | (295) | (308) | (238) |
Foreign currency translation | 0 | (2) | 0 |
Reserve balance at the end of the period | 422 | 418 | 269 |
UBS AG | |||
Entity [Table] | |||
Reserve balance at the beginning of the period | 418 | 269 | 146 |
Profit / (loss) deferred on new transactions | 299 | 459 | 362 |
(Profit) / loss recognized in the income statement | (295) | (308) | (238) |
Foreign currency translation | 0 | (2) | 0 |
Reserve balance at the end of the period | $ 422 | $ 418 | $ 269 |
FVM - Valuation adjustments_ Ow
FVM - Valuation adjustments: Own credit adjustments on financial liabilities designated at fair value (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Recognized during the year: | |||
Realized gain / (loss) | $ 1 | $ (14) | $ 2 |
Unrealized gain / (loss) | 866 | 60 | (295) |
Total gain / (loss), before tax | 867 | 46 | (293) |
Recognized on the balance sheet as of the end of the year: | |||
Unrealized life-to-date gain / (loss) | 556 | (315) | (381) |
of which: debt issued designated at fair value | 453 | (347) | (418) |
of which: other financial liabilities designated at fair value | 103 | 32 | 36 |
UBS AG | |||
Recognized during the year: | |||
Realized gain / (loss) | 1 | (14) | 2 |
Unrealized gain / (loss) | 866 | 60 | (295) |
Total gain / (loss), before tax | 867 | 46 | (293) |
Recognized on the balance sheet as of the end of the year: | |||
Unrealized life-to-date gain / (loss) | 556 | (315) | (381) |
of which: debt issued designated at fair value | 289 | (144) | (233) |
of which: other financial liabilities designated at fair value | $ 266 | $ (172) | $ (148) |
FVM - Valuation adjustments_ Va
FVM - Valuation adjustments: Valuation adjustments on financial instruments (Detail) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Credit valuation adjustments | $ (33) | $ (44) |
Funding valuation adjustments | (50) | (49) |
Debit valuation adjustments | 4 | 2 |
Other valuation adjustments | (839) | (913) |
of which: liquidity | (311) | (341) |
of which: model uncertainty | (529) | (571) |
UBS AG | ||
Entity [Table] | ||
Credit valuation adjustments | (33) | (44) |
Funding valuation adjustments | (50) | (49) |
Debit valuation adjustments | 4 | 2 |
Other valuation adjustments | (839) | (913) |
of which: liquidity | (311) | (341) |
of which: model uncertainty | $ (529) | $ (571) |
FVM - Level 3 instruments_ Valu
FVM - Level 3 instruments: Valuation techniques and inputs (Detail) - Level 3 $ in Billions | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | Relative value to market comparable | Bond price equivalent (% of par) | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.14 | 0.16 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | Relative value to market comparable | Bond price equivalent (% of par) | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 1.12 | 1.43 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | Relative value to market comparable | Bond price equivalent (% of par) | Weighted average | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.85 | 0.98 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | Discounted expected cash flows | Discount margin | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0412 | 0.0434 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | Discounted expected cash flows | Discount margin | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0412 | 0.0434 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 1.7 | $ 2.8 |
Financial liabilities measured at fair value | $ 0 | $ 0 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Relative value to market comparable | Loan price equivalent (% of par) | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.30 | 0 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Relative value to market comparable | Loan price equivalent (% of par) | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 1 | 1.01 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Relative value to market comparable | Loan price equivalent (% of par) | Weighted average | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.97 | 0.99 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Discounted expected cash flows | Credit spread | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0200 | 0.0175 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Discounted expected cash flows | Credit spread | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0200 | 0.0800 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Discounted expected cash flows | Credit spread | Weighted average | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0200 | 0.0436 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Market comparable and securitization model | Credit spread | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0145 | 0.0028 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Market comparable and securitization model | Credit spread | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.1350 | 0.1544 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Market comparable and securitization model | Credit spread | Weighted average | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0322 | 0.0241 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Auction rate securities | Discounted expected cash flows | Credit spread | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0115 | 0.0115 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Auction rate securities | Discounted expected cash flows | Credit spread | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0196 | 0.0197 |
Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Auction rate securities | Discounted expected cash flows | Credit spread | Weighted average | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0144 | 0.0153 |
Debt issued designated at fair value | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial liabilities measured at fair value | $ 10.5 | $ 14.2 |
Other financial liabilities designated at fair value | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial liabilities measured at fair value | $ 0.7 | $ 0.8 |
Other financial liabilities designated at fair value | Discounted expected cash flows | Funding spread | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0023 | 0.0024 |
Other financial liabilities designated at fair value | Discounted expected cash flows | Funding spread | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0175 | 0.0175 |
Derivative financial instruments: Interest rate contracts | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 0.5 | $ 0.5 |
Financial liabilities measured at fair value | $ 0.1 | $ 0.3 |
Derivative financial instruments: Interest rate contracts | Option model | Volatility of interest rates | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0075 | 0.0065 |
Derivative financial instruments: Interest rate contracts | Option model | Volatility of interest rates | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0143 | 0.0081 |
Derivative financial instruments: Credit derivative contracts | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 0.3 | $ 0.2 |
Financial liabilities measured at fair value | $ 0.3 | $ 0.3 |
Derivative financial instruments: Credit derivative contracts | Discounted expected cash flows | Bond price equivalent (% of par) | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.03 | 0.02 |
Derivative financial instruments: Credit derivative contracts | Discounted expected cash flows | Bond price equivalent (% of par) | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 2.77 | 1.36 |
Derivative financial instruments: Credit derivative contracts | Discounted expected cash flows | Credit spread | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0009 | 0.0001 |
Derivative financial instruments: Credit derivative contracts | Discounted expected cash flows | Credit spread | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0565 | 0.0583 |
Derivative financial instruments: Equity / index contracts | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 0.7 | $ 0.4 |
Financial liabilities measured at fair value | $ 1.2 | $ 1.5 |
Derivative financial instruments: Equity / index contracts | Option model | Equity dividend yields | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0 | 0 |
Derivative financial instruments: Equity / index contracts | Option model | Equity dividend yields | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.20 | 0.11 |
Derivative financial instruments: Equity / index contracts | Option model | Volatility of equity stocks, equity and other indices | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.04 | 0.04 |
Derivative financial instruments: Equity / index contracts | Option model | Volatility of equity stocks, equity and other indices | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 1.20 | 0.98 |
Derivative financial instruments: Equity / index contracts | Option model | Equity-to-FX correlation | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | (0.29) | (0.29) |
Derivative financial instruments: Equity / index contracts | Option model | Equity-to-FX correlation | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.84 | 0.76 |
Derivative financial instruments: Equity / index contracts | Option model | Equity-to-equity correlation | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | (0.25) | (0.25) |
Derivative financial instruments: Equity / index contracts | Option model | Equity-to-equity correlation | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 1 | 1 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 0.8 | $ 0.9 |
Financial liabilities measured at fair value | $ 0 | $ 0 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | Relative value to market comparable | Bond price equivalent (% of par) | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.14 | 0.16 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | Relative value to market comparable | Bond price equivalent (% of par) | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 1.12 | 1.43 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | Relative value to market comparable | Bond price equivalent (% of par) | Weighted average | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.85 | 0.98 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | Discounted expected cash flows | Discount margin | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0412 | 0.0434 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Corporate and municipal bonds | Discounted expected cash flows | Discount margin | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0412 | 0.0434 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 1.7 | $ 2.8 |
Financial liabilities measured at fair value | $ 0 | $ 0 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Relative value to market comparable | Loan price equivalent (% of par) | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.30 | 0 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Relative value to market comparable | Loan price equivalent (% of par) | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 1 | 1.01 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Relative value to market comparable | Loan price equivalent (% of par) | Weighted average | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.97 | 0.99 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Discounted expected cash flows | Credit spread | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0200 | 0.0175 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Discounted expected cash flows | Credit spread | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0200 | 0.0800 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Discounted expected cash flows | Credit spread | Weighted average | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0200 | 0.0436 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Market comparable and securitization model | Credit spread | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0145 | 0.0028 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Market comparable and securitization model | Credit spread | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.1350 | 0.1544 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Traded loans, loans mandatorily at fair value, loan commitments and guarantees | Market comparable and securitization model | Credit spread | Weighted average | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0322 | 0.0241 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Auction rate securities | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 1.3 | $ 1.6 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Auction rate securities | Discounted expected cash flows | Credit spread | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0115 | 0.0115 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Auction rate securities | Discounted expected cash flows | Credit spread | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0196 | 0.0197 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Auction rate securities | Discounted expected cash flows | Credit spread | Weighted average | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0144 | 0.0153 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Investment fund units | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 0.3 | $ 0.1 |
Financial liabilities measured at fair value | 0 | 0 |
UBS AG | Financial assets and liabilities at fair value held for trading, Financial assets at fair value not held for trading: Equity instruments | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | 0.9 | 0.8 |
Financial liabilities measured at fair value | 0.1 | 0.1 |
UBS AG | Debt issued designated at fair value | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial liabilities measured at fair value | 9.2 | 11.9 |
UBS AG | Other financial liabilities designated at fair value | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial liabilities measured at fair value | $ 2 | $ 3.2 |
UBS AG | Other financial liabilities designated at fair value | Discounted expected cash flows | Funding spread | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0023 | 0.0024 |
UBS AG | Other financial liabilities designated at fair value | Discounted expected cash flows | Funding spread | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0175 | 0.0175 |
UBS AG | Derivative financial instruments: Interest rate contracts | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 0.5 | $ 0.5 |
Financial liabilities measured at fair value | $ 0.1 | $ 0.3 |
UBS AG | Derivative financial instruments: Interest rate contracts | Option model | Volatility of interest rates | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0075 | 0.0065 |
UBS AG | Derivative financial instruments: Interest rate contracts | Option model | Volatility of interest rates | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0143 | 0.0081 |
UBS AG | Derivative financial instruments: Credit derivative contracts | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 0.3 | $ 0.2 |
Financial liabilities measured at fair value | $ 0.3 | $ 0.3 |
UBS AG | Derivative financial instruments: Credit derivative contracts | Discounted expected cash flows | Bond price equivalent (% of par) | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.03 | 0.02 |
UBS AG | Derivative financial instruments: Credit derivative contracts | Discounted expected cash flows | Bond price equivalent (% of par) | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 2.77 | 1.36 |
UBS AG | Derivative financial instruments: Credit derivative contracts | Discounted expected cash flows | Credit spread | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0009 | 0.0001 |
UBS AG | Derivative financial instruments: Credit derivative contracts | Discounted expected cash flows | Credit spread | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.0565 | 0.0583 |
UBS AG | Derivative financial instruments: Equity / index contracts | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Financial assets measured at fair value | $ 0.7 | $ 0.4 |
Financial liabilities measured at fair value | $ 1.2 | $ 1.5 |
UBS AG | Derivative financial instruments: Equity / index contracts | Option model | Equity dividend yields | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0 | 0 |
UBS AG | Derivative financial instruments: Equity / index contracts | Option model | Equity dividend yields | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.20 | 0.11 |
UBS AG | Derivative financial instruments: Equity / index contracts | Option model | Volatility of equity stocks, equity and other indices | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.04 | 0.04 |
UBS AG | Derivative financial instruments: Equity / index contracts | Option model | Volatility of equity stocks, equity and other indices | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 1.20 | 0.98 |
UBS AG | Derivative financial instruments: Equity / index contracts | Option model | Equity-to-FX correlation | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | (0.29) | (0.29) |
UBS AG | Derivative financial instruments: Equity / index contracts | Option model | Equity-to-FX correlation | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 0.84 | 0.76 |
UBS AG | Derivative financial instruments: Equity / index contracts | Option model | Equity-to-equity correlation | low | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | (0.25) | (0.25) |
UBS AG | Derivative financial instruments: Equity / index contracts | Option model | Equity-to-equity correlation | high | ||
Disclosure Of Significant Unobservable Inputs Used In Fair Value Measurement Table [Table] | ||
Significant unobservable input(s) | 1 | 1 |
FVM - Level 3 instruments_ Sens
FVM - Level 3 instruments: Sensitivity to changes in unobservable input assumptions (Detail) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | $ 738 | $ 790 |
Unfavorable changes | (696) | (744) |
Traded loans, loans designated at fair value, loan commitments and guarantees | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 19 | 19 |
Unfavorable changes | (12) | (13) |
Securities financing transactions | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 33 | 41 |
Unfavorable changes | (37) | (53) |
Auction rate securities | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 46 | 66 |
Unfavorable changes | (46) | (66) |
Asset-backed securities | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 27 | 20 |
Unfavorable changes | (27) | (20) |
Equity instruments | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 183 | 173 |
Unfavorable changes | (161) | (146) |
Interest rate derivative contracts, net | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 18 | 29 |
Unfavorable changes | (12) | (19) |
Credit derivative contracts, net | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 3 | 5 |
Unfavorable changes | (4) | (8) |
Foreign exchange derivative contracts, net | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 10 | 19 |
Unfavorable changes | (5) | (11) |
Equity / index derivative contracts, net | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 361 | 368 |
Unfavorable changes | (330) | (335) |
Other | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 39 | 50 |
Unfavorable changes | (62) | (73) |
UBS AG | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 738 | 790 |
Unfavorable changes | (696) | (744) |
UBS AG | Traded loans, loans designated at fair value, loan commitments and guarantees | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 19 | 19 |
Unfavorable changes | (12) | (13) |
UBS AG | Securities financing transactions | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 33 | 41 |
Unfavorable changes | (37) | (53) |
UBS AG | Auction rate securities | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 46 | 66 |
Unfavorable changes | (46) | (66) |
UBS AG | Asset-backed securities | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 27 | 20 |
Unfavorable changes | (27) | (20) |
UBS AG | Equity instruments | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 183 | 173 |
Unfavorable changes | (161) | (146) |
UBS AG | Interest rate derivative contracts, net | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 18 | 29 |
Unfavorable changes | (12) | (19) |
UBS AG | Credit derivative contracts, net | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 3 | 5 |
Unfavorable changes | (4) | (8) |
UBS AG | Foreign exchange derivative contracts, net | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 10 | 19 |
Unfavorable changes | (5) | (11) |
UBS AG | Equity / index derivative contracts, net | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 361 | 368 |
Unfavorable changes | (330) | (335) |
UBS AG | Other | ||
Sensitivity Of Fair Value Measurement To Changes In Unobservable Inputs Assets And Liabilities [Table] | ||
Favorable changes | 39 | 50 |
Unfavorable changes | $ (62) | $ (73) |
FVM - Movements of level 3 inst
FVM - Movements of level 3 instruments - Assets (Detail) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | $ 345,010 | |
Balance at the end of period | 342,166 | $ 345,010 |
Level 3 | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 7,645 | |
Balance at the end of period | 6,788 | 7,645 |
Gains Losses Recognised In Comprehensive Income Fair Value Measurement | 2,200 | |
Gains Losses Recognised In Income Statement Fair Value Measurement | 1,700 | |
Gains Losses Recognised In Other Comprehensive Income Fair Value Measurement | 500 | |
Level 3 | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 100 | |
Balance at the end of period | 300 | 100 |
Level 3 | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 900 | |
Balance at the end of period | 800 | 900 |
Level 3 | Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 1,600 | |
Balance at the end of period | 1,300 | 1,600 |
Level 3 | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 800 | |
Balance at the end of period | 900 | 800 |
Level 3 | Financial assets at fair value held for trading | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 2,300 | 2,300 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | (300) | 0 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (300) | (100) |
Purchases | 300 | 300 |
Sales | (1,800) | (1,600) |
Issuances | 500 | 1,200 |
Settlements | 0 | 0 |
Transfers into Level 3 | 700 | 300 |
Transfers out of Level 3 | (300) | (300) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 1,500 | 2,300 |
Level 3 | Financial assets at fair value held for trading | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 0 | 0 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 0 | 0 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | 0 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 0 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | 0 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 100 | 0 |
Level 3 | Financial assets at fair value held for trading | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 600 | 800 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 0 | 0 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | 0 |
Purchases | 300 | 200 |
Sales | (600) | (400) |
Issuances | 0 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 400 | 0 |
Transfers out of Level 3 | 0 | (100) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 500 | 600 |
Level 3 | Financial assets at fair value held for trading | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 1,400 | 1,100 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | (100) | 0 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (100) | 0 |
Purchases | 0 | 0 |
Sales | (1,100) | (800) |
Issuances | 500 | 1,200 |
Settlements | 0 | 0 |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | (200) | (200) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 600 | 1,400 |
Level 3 | Financial assets at fair value not held for trading | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 4,200 | 3,900 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 100 | 100 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 100 | 100 |
Purchases | 700 | 1,000 |
Sales | (1,200) | (600) |
Issuances | 100 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 200 | 100 |
Transfers out of Level 3 | (300) | (300) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 3,700 | 4,200 |
Level 3 | Financial assets at fair value not held for trading | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 900 | 900 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 0 | 0 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | 0 |
Purchases | 400 | 600 |
Sales | (400) | (300) |
Issuances | 100 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | (300) | (300) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 700 | 900 |
Level 3 | Financial assets at fair value not held for trading | Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 1,600 | 1,500 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 100 | 100 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | 100 |
Purchases | 0 | 0 |
Sales | (300) | 0 |
Issuances | 0 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | 0 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 1,300 | 1,600 |
Level 3 | Financial assets at fair value not held for trading | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 700 | 500 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 0 | 100 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | 100 |
Purchases | 100 | 100 |
Sales | (100) | (100) |
Issuances | 0 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | 0 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 800 | 700 |
Level 3 | Derivatives [Member] | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 1,100 | 1,800 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 600 | (200) |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 300 | (100) |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 400 | 500 |
Settlements | (700) | (700) |
Transfers into Level 3 | 100 | 100 |
Transfers out of Level 3 | 0 | (300) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 1,500 | 1,100 |
Level 3 | Derivatives [Member] | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 500 | 500 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 300 | 100 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 300 | 100 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 0 | 100 |
Settlements | (200) | (200) |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | (100) | (100) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 500 | 500 |
Level 3 | Derivatives [Member] | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 400 | 900 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 200 | (100) |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 100 | (100) |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 400 | 300 |
Settlements | (300) | (400) |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | 0 | (200) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 700 | 400 |
Level 3 | Derivatives [Member] | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 200 | 300 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 100 | (100) |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (100) | (100) |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 0 | 0 |
Settlements | (200) | (100) |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | 100 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 300 | 200 |
UBS AG | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 344,787 | |
Balance at the end of period | 341,858 | 344,787 |
UBS AG | Level 3 | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 7,645 | |
Balance at the end of period | 6,698 | 7,645 |
Gains Losses Recognised In Comprehensive Income Fair Value Measurement | 1,000 | |
Gains Losses Recognised In Income Statement Fair Value Measurement | 600 | |
Gains Losses Recognised In Other Comprehensive Income Fair Value Measurement | 400 | |
UBS AG | Level 3 | Financial assets at fair value held for trading | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 2,300 | 2,300 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | (300) | 0 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (300) | (100) |
Purchases | 300 | 300 |
Sales | (1,800) | (1,600) |
Issuances | 500 | 1,200 |
Settlements | 0 | 0 |
Transfers into Level 3 | 700 | 300 |
Transfers out of Level 3 | (300) | (300) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 1,500 | 2,300 |
UBS AG | Level 3 | Financial assets at fair value held for trading | Investment fund units | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 0 | 0 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 0 | 0 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | 0 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 0 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | 0 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 100 | 0 |
UBS AG | Level 3 | Financial assets at fair value held for trading | Corporate and municipal bonds | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 600 | 800 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 0 | 0 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | 0 |
Purchases | 300 | 200 |
Sales | (600) | (400) |
Issuances | 0 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 400 | 0 |
Transfers out of Level 3 | 0 | (100) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 500 | 600 |
UBS AG | Level 3 | Financial assets at fair value held for trading | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 1,400 | 1,100 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | (100) | 0 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (100) | 0 |
Purchases | 0 | 0 |
Sales | (1,100) | (800) |
Issuances | 500 | 1,200 |
Settlements | 0 | 0 |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | (200) | (200) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 600 | 1,400 |
UBS AG | Level 3 | Financial assets at fair value not held for trading | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 4,200 | 3,900 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 100 | 100 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 100 | 100 |
Purchases | 700 | 1,000 |
Sales | (1,200) | (600) |
Issuances | 100 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 200 | 100 |
Transfers out of Level 3 | (300) | (300) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 3,700 | 4,200 |
UBS AG | Level 3 | Financial assets at fair value not held for trading | Loans | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 900 | 900 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 0 | 0 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | 0 |
Purchases | 400 | 600 |
Sales | (400) | (300) |
Issuances | 100 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | (300) | (300) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 700 | 900 |
UBS AG | Level 3 | Financial assets at fair value not held for trading | Auction rate securities | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 1,600 | 1,500 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 100 | 100 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | 100 |
Purchases | 0 | 0 |
Sales | (300) | 0 |
Issuances | 0 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | 0 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 1,300 | 1,600 |
UBS AG | Level 3 | Financial assets at fair value not held for trading | Equity instruments | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 700 | 500 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 0 | 100 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | 100 |
Purchases | 100 | 100 |
Sales | (100) | (100) |
Issuances | 0 | 0 |
Settlements | 0 | 0 |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | 0 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 800 | 700 |
UBS AG | Level 3 | Derivatives [Member] | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 1,100 | 1,800 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 600 | (200) |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 300 | (100) |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 400 | 500 |
Settlements | (700) | (700) |
Transfers into Level 3 | 100 | 100 |
Transfers out of Level 3 | 0 | (300) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 1,500 | 1,100 |
UBS AG | Level 3 | Derivatives [Member] | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 500 | 500 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 300 | 100 |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 300 | 100 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 0 | 100 |
Settlements | (200) | (200) |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | (100) | (100) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 500 | 500 |
UBS AG | Level 3 | Derivatives [Member] | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 400 | 900 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 200 | (100) |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 100 | (100) |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 400 | 300 |
Settlements | (300) | (400) |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | 0 | (200) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 700 | 400 |
UBS AG | Level 3 | Derivatives [Member] | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Assets [Table] | ||
Balance at the beginning of the period | 200 | 300 |
Total gains / (losses) included in comprehensive income - Net gains / (losses) included in income | 100 | (100) |
Total gains / (losses) included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (100) | (100) |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 0 | 0 |
Settlements | (200) | (100) |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | 100 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | $ 300 | $ 200 |
FVM - Movements of level 3 in_2
FVM - Movements of level 3 instruments - Liabilities (Detail) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | $ 300,916 | |
Balance at the end of period | 333,381 | $ 300,916 |
Level 3 | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 17,357 | |
Balance at the end of period | 13,015 | 17,357 |
Level 3 | Derivative financial instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 2,200 | 3,500 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (800) | 200 |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (400) | 0 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 1,100 | 900 |
Settlements | (900) | (1,800) |
Transfers into Level 3 | 300 | 0 |
Transfers out of Level 3 | (200) | (500) |
Foreign currency translation | (100) | 0 |
Balance at the end of period | 1,700 | 2,200 |
Level 3 | Derivative financial instruments | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 300 | 500 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (300) | (100) |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | (100) |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 100 | 0 |
Settlements | 0 | (100) |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | 0 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 100 | 300 |
Level 3 | Derivative financial instruments | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 1,500 | 2,300 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (400) | 300 |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (300) | 100 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 800 | 800 |
Settlements | (700) | (1,500) |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | (200) | (400) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 1,200 | 1,500 |
Level 3 | Derivative financial instruments | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 300 | 500 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (100) | (100) |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | (100) |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 100 | 0 |
Settlements | (100) | 0 |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | 0 | (100) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 300 | 300 |
Level 3 | Debt issued designated at fair value | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 14,200 | 11,000 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (2,200) | 700 |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (1,800) | 600 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 4,700 | 8,000 |
Settlements | (3,100) | (4,200) |
Transfers into Level 3 | 700 | 200 |
Transfers out of Level 3 | (3,400) | (1,200) |
Foreign currency translation | (300) | (200) |
Balance at the end of period | 10,500 | 14,200 |
Level 3 | Other financial liabilities designated at fair value | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 800 | 700 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (100) | 0 |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (100) | 0 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 0 | 400 |
Settlements | (100) | (200) |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | 0 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 700 | 800 |
UBS AG | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 300,916 | |
Balance at the end of period | 333,382 | 300,916 |
UBS AG | Level 3 | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 17,357 | |
Balance at the end of period | 13,015 | 17,357 |
UBS AG | Level 3 | Derivative financial instruments | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 2,200 | 3,500 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (800) | 200 |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (400) | 0 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 1,100 | 900 |
Settlements | (900) | (1,800) |
Transfers into Level 3 | 300 | 0 |
Transfers out of Level 3 | (200) | (500) |
Foreign currency translation | (100) | 0 |
Balance at the end of period | 1,700 | 2,200 |
UBS AG | Level 3 | Derivative financial instruments | Interest rate contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 300 | 500 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (300) | (100) |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | (100) |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 100 | 0 |
Settlements | 0 | (100) |
Transfers into Level 3 | 0 | 0 |
Transfers out of Level 3 | 0 | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 100 | 300 |
UBS AG | Level 3 | Derivative financial instruments | Equity / index contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 1,500 | 2,300 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (400) | 300 |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (300) | 100 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 800 | 800 |
Settlements | (700) | (1,500) |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | (200) | (400) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 1,200 | 1,500 |
UBS AG | Level 3 | Derivative financial instruments | Credit derivative contracts | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 300 | 500 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (100) | (100) |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | 0 | (100) |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 100 | 0 |
Settlements | (100) | 0 |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | 0 | (100) |
Foreign currency translation | 0 | 0 |
Balance at the end of period | 300 | 300 |
UBS AG | Level 3 | Debt issued designated at fair value | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 11,900 | 9,600 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (1,300) | 700 |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (900) | 600 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 4,700 | 7,100 |
Settlements | (3,100) | (4,200) |
Transfers into Level 3 | 700 | 100 |
Transfers out of Level 3 | (3,300) | (1,200) |
Foreign currency translation | (300) | (200) |
Balance at the end of period | 9,200 | 11,900 |
UBS AG | Level 3 | Other financial liabilities designated at fair value | ||
Disclosure Of Fair Value Measurement Of Liabilities [Table] | ||
Balance at the beginning of the period | 3,200 | 2,100 |
Total gains / losses included in comprehensive income - Net gains / losses included in income | (1,000) | 0 |
Total gains / losses included in comprehensive income - of which: related to Level 3 instruments held at the end of the reporting period | (1,000) | 0 |
Purchases | 0 | 0 |
Sales | 0 | 0 |
Issuances | 0 | 1,300 |
Settlements | (100) | (200) |
Transfers into Level 3 | 100 | 0 |
Transfers out of Level 3 | (200) | 0 |
Foreign currency translation | 0 | 0 |
Balance at the end of period | $ 2,000 | $ 3,200 |
Maximum exposure to credit risk
Maximum exposure to credit risk - assets at fair value (Detail) - USD ($) $ in Billions | Dec. 31, 2022 | Dec. 31, 2021 |
Credit enhancements | ||
Notional amounts of derivatives | $ 34.4 | $ 36 |
Total financial assets measured at fair value | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 229 | 199.4 |
Collateral | ||
Cash collateral received | 0 | 0 |
Collateralized by equity and debt instruments | 34.6 | 37.1 |
Secured by real estate | 0 | 0 |
Other collateral | 0 | 0 |
Credit enhancements | ||
Netting | 133.5 | 103.2 |
Credit derivative contracts | 0 | 0 |
Guarantees | 0 | 0 |
Exposure to credit risk after collateral and credit enhancements | 61 | 59.1 |
Financial assets at fair value held for trading - debt instruments | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 16.5 | 22.4 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 16.5 | 22.4 |
Derivatives [Member] | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 150.1 | 118.1 |
Collateral | ||
Collateralized by equity and debt instruments | 5.9 | 4.2 |
Credit enhancements | ||
Netting | 133.5 | 103.2 |
Exposure to credit risk after collateral and credit enhancements | 10.7 | 10.7 |
Brokerage receivables | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 17.6 | 21.8 |
Collateral | ||
Collateralized by equity and debt instruments | 17.3 | 21.6 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 0.3 | 0.2 |
Financial assets at fair value not held for trading - debt instruments | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 44.8 | 37 |
Collateral | ||
Collateralized by equity and debt instruments | 11.4 | 11.2 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 33.4 | 25.7 |
Guarantees | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 0.2 | 0.2 |
Credit enhancements | ||
Guarantees | 0.2 | 0.2 |
Exposure to credit risk after collateral and credit enhancements | 0 | 0 |
UBS AG | ||
Credit enhancements | ||
Notional amounts of derivatives | 34.4 | 36 |
UBS AG | Total financial assets measured at fair value | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 229.2 | 199.5 |
Collateral | ||
Cash collateral received | 0 | 0 |
Collateralized by equity and debt instruments | 34.6 | 37.1 |
Secured by real estate | 0 | 0 |
Other collateral | 0 | 0 |
Credit enhancements | ||
Netting | 133.5 | 103.2 |
Credit derivative contracts | 0 | 0 |
Guarantees | 0 | 0 |
Exposure to credit risk after collateral and credit enhancements | 61.2 | 59.2 |
UBS AG | Financial assets at fair value held for trading - debt instruments | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 16.7 | 22.6 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 16.7 | 22.6 |
UBS AG | Derivatives [Member] | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 150.1 | 118.1 |
Collateral | ||
Collateralized by equity and debt instruments | 5.9 | 4.2 |
Credit enhancements | ||
Netting | 133.5 | 103.2 |
Exposure to credit risk after collateral and credit enhancements | 10.7 | 10.7 |
UBS AG | Brokerage receivables | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 17.6 | 21.8 |
Collateral | ||
Cash collateral received | 0 | |
Collateralized by equity and debt instruments | 17.3 | 21.6 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 0.3 | 0.2 |
UBS AG | Financial assets at fair value not held for trading - debt instruments | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 44.8 | 37 |
Collateral | ||
Cash collateral received | 0 | |
Collateralized by equity and debt instruments | 11.4 | 11.2 |
Credit enhancements | ||
Exposure to credit risk after collateral and credit enhancements | 33.4 | 25.7 |
UBS AG | Guarantees | Financial Assets At Fair Value [Member] | ||
Maximum Exposure To Credit Risk [Table] | ||
Maximum Exposure To Credit Risk | 0.2 | 0.2 |
Collateral | ||
Other collateral | 0 | |
Credit enhancements | ||
Guarantees | 0.2 | 0.2 |
Exposure to credit risk after collateral and credit enhancements | $ 0 | $ 0 |
FVM - Financial instruments not
FVM - Financial instruments not measured at fair value - Assets (Detail) - Total assets - USD ($) $ in Billions | Dec. 31, 2022 | Dec. 31, 2021 |
Aggregated Measurement [Member] | ||
Carrying amount | ||
Cash and balances at central banks | $ 169.4 | $ 192.8 |
Loans and advances to banks | 14.8 | 15.5 |
Receivables from securities financing transactions | 67.8 | 75 |
Cash collateral receivables on derivative instruments | 35 | 30.5 |
Loans and advances to customers | 387.2 | 397.8 |
Other financial assets measured at amortized cost | 53.3 | 26.2 |
Not measured at fair value | ||
Carrying amount | ||
Cash and balances at central banks | 169.4 | 192.8 |
Loans and advances to banks | 14.8 | 15.5 |
Receivables from securities financing transactions | 67.8 | 75 |
Cash collateral receivables on derivative instruments | 35 | 30.5 |
Loans and advances to customers | 374.9 | 396.9 |
Other financial assets measured at amortized cost | 50.8 | 26.5 |
Not measured at fair value | Carrying amount approximates fair value | ||
Carrying amount | ||
Cash and balances at central banks | 169.4 | 192.7 |
Loans and advances to banks | 14 | 14.8 |
Receivables from securities financing transactions | 64.3 | 71.6 |
Cash collateral receivables on derivative instruments | 35 | 30.5 |
Loans and advances to customers | 134.3 | 163.1 |
Other financial assets measured at amortized cost | 12.9 | 4.1 |
Not measured at fair value | Level 1 | ||
Carrying amount | ||
Cash and balances at central banks | 0.1 | 0.1 |
Loans and advances to banks | 0 | 0 |
Receivables from securities financing transactions | 0 | 0 |
Cash collateral receivables on derivative instruments | 0 | 0 |
Loans and advances to customers | 0 | 0 |
Other financial assets measured at amortized cost | 10.3 | 9.3 |
Not measured at fair value | Level 2 | ||
Carrying amount | ||
Cash and balances at central banks | 0 | 0 |
Loans and advances to banks | 0.7 | 0.7 |
Receivables from securities financing transactions | 1.8 | 1.3 |
Cash collateral receivables on derivative instruments | 0 | 0 |
Loans and advances to customers | 45.9 | 43.8 |
Other financial assets measured at amortized cost | 25.1 | 10.7 |
Not measured at fair value | Level 3 | ||
Carrying amount | ||
Cash and balances at central banks | 0 | 0 |
Loans and advances to banks | 0 | 0 |
Receivables from securities financing transactions | 1.7 | 2.1 |
Cash collateral receivables on derivative instruments | 0 | 0 |
Loans and advances to customers | 194.7 | 190.1 |
Other financial assets measured at amortized cost | 2.5 | 2.4 |
UBS AG | Aggregated Measurement [Member] | ||
Carrying amount | ||
Cash and balances at central banks | 169.4 | 192.8 |
Loans and advances to banks | 14.7 | 15.4 |
Receivables from securities financing transactions | 67.8 | 75 |
Cash collateral receivables on derivative instruments | 35 | 30.5 |
Loans and advances to customers | 390 | 398.7 |
Other financial assets measured at amortized cost | 53.4 | 26.2 |
UBS AG | Not measured at fair value | ||
Carrying amount | ||
Cash and balances at central banks | 169.4 | 192.8 |
Loans and advances to banks | 14.6 | 15.3 |
Receivables from securities financing transactions | 67.8 | 75 |
Cash collateral receivables on derivative instruments | 35 | 30.5 |
Loans and advances to customers | 377.7 | 397.9 |
Other financial assets measured at amortized cost | 51 | 26.5 |
UBS AG | Not measured at fair value | Carrying amount approximates fair value | ||
Carrying amount | ||
Cash and balances at central banks | 169.4 | 192.7 |
Loans and advances to banks | 13.9 | 14.6 |
Receivables from securities financing transactions | 64.3 | 71.6 |
Cash collateral receivables on derivative instruments | 35 | 30.5 |
Loans and advances to customers | 136.9 | 163.7 |
Other financial assets measured at amortized cost | 13 | 4.1 |
UBS AG | Not measured at fair value | Level 1 | ||
Carrying amount | ||
Cash and balances at central banks | 0.1 | 0.1 |
Loans and advances to banks | 0 | 0 |
Receivables from securities financing transactions | 0 | 0 |
Cash collateral receivables on derivative instruments | 0 | 0 |
Loans and advances to customers | 0 | 0 |
Other financial assets measured at amortized cost | 10.3 | 9.3 |
UBS AG | Not measured at fair value | Level 2 | ||
Carrying amount | ||
Cash and balances at central banks | 0 | 0 |
Loans and advances to banks | 0.7 | 0.7 |
Receivables from securities financing transactions | 1.8 | 1.3 |
Cash collateral receivables on derivative instruments | 0 | 0 |
Loans and advances to customers | 45.9 | 43.8 |
Other financial assets measured at amortized cost | 25.1 | 10.7 |
UBS AG | Not measured at fair value | Level 3 | ||
Carrying amount | ||
Cash and balances at central banks | 0 | 0 |
Loans and advances to banks | 0 | 0 |
Receivables from securities financing transactions | 1.7 | 2.1 |
Cash collateral receivables on derivative instruments | 0 | 0 |
Loans and advances to customers | 195 | 190.4 |
Other financial assets measured at amortized cost | $ 2.5 | $ 2.4 |
FVM - Financial instruments n_2
FVM - Financial instruments not measured at fair value - Liabilities (Detail) - USD ($) $ in Billions | Dec. 31, 2022 | Dec. 31, 2021 |
Aggregated Measurement [Member] | ||
Carrying amount | ||
Amounts due to banks | $ 11.6 | $ 13.1 |
Payables from securities financing transactions | 4.2 | 5.5 |
Cash collateral payables on derivative instruments | 36.4 | 31.8 |
Customer deposits | 525.1 | 542 |
Debt issued measured at amortized cost | 114.6 | 139.2 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 6.2 | 5.4 |
Not measured at fair value | ||
Carrying amount | ||
Amounts due to banks | 11.6 | 13.1 |
Payables from securities financing transactions | 4.2 | 5.5 |
Cash collateral payables on derivative instruments | 36.4 | 31.8 |
Customer deposits | 524.8 | 542 |
Debt issued measured at amortized cost | 113.5 | 141.1 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 6.2 | 5.4 |
Not measured at fair value | Carrying amount approximates fair value | ||
Carrying amount | ||
Amounts due to banks | 8.9 | 9.1 |
Payables from securities financing transactions | 3.5 | 4.1 |
Cash collateral payables on derivative instruments | 36.4 | 31.8 |
Customer deposits | 491.3 | 535.4 |
Debt issued measured at amortized cost | 15.4 | 15.8 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 6.2 | 5.4 |
Not measured at fair value | Level 1 | ||
Carrying amount | ||
Amounts due to banks | 0 | 0 |
Payables from securities financing transactions | 0 | 0 |
Cash collateral payables on derivative instruments | 0 | 0 |
Customer deposits | 0 | 0 |
Debt issued measured at amortized cost | 0 | 0 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 0 | 0 |
Not measured at fair value | Level 2 | ||
Carrying amount | ||
Amounts due to banks | 2.7 | 4 |
Payables from securities financing transactions | 0.7 | 1.5 |
Cash collateral payables on derivative instruments | 0 | 0 |
Customer deposits | 33.6 | 6.6 |
Debt issued measured at amortized cost | 98.1 | 125.3 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 0 | 0 |
Not measured at fair value | Level 3 | ||
Carrying amount | ||
Amounts due to banks | 0 | 0 |
Payables from securities financing transactions | 0 | 0 |
Cash collateral payables on derivative instruments | 0 | 0 |
Customer deposits | 0 | 0 |
Debt issued measured at amortized cost | 0 | 0 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 0 | 0 |
UBS AG | Aggregated Measurement [Member] | ||
Carrying amount | ||
Amounts due to banks | 11.6 | 13.1 |
Payables from securities financing transactions | 4.2 | 5.5 |
Cash collateral payables on derivative instruments | 36.4 | 31.8 |
Customer deposits | 527.2 | 544.8 |
Funding from UBS Group AG | 56.1 | 57.3 |
Debt issued measured at amortized cost | 59.5 | 82.4 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 7.2 | 6.3 |
UBS AG | Not measured at fair value | ||
Carrying amount | ||
Amounts due to banks | 11.6 | 13.1 |
Payables from securities financing transactions | 4.2 | 5.5 |
Cash collateral payables on derivative instruments | 36.4 | 31.8 |
Customer deposits | 526.9 | 544.8 |
Funding from UBS Group AG | 55.7 | 58.8 |
Debt issued measured at amortized cost | 58.9 | 82.8 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 7.2 | 6.3 |
UBS AG | Not measured at fair value | Carrying amount approximates fair value | ||
Carrying amount | ||
Amounts due to banks | 8.9 | 9.1 |
Payables from securities financing transactions | 3.5 | 4.1 |
Cash collateral payables on derivative instruments | 36.4 | 31.8 |
Customer deposits | 493 | 537.6 |
Funding from UBS Group AG | 2 | 2.8 |
Debt issued measured at amortized cost | 13.4 | 13 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 7.2 | 6.3 |
UBS AG | Not measured at fair value | Level 1 | ||
Carrying amount | ||
Amounts due to banks | 0 | 0 |
Payables from securities financing transactions | 0 | 0 |
Cash collateral payables on derivative instruments | 0 | 0 |
Customer deposits | 0 | 0 |
Funding from UBS Group AG | 0 | 0 |
Debt issued measured at amortized cost | 0 | 0 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 0 | 0 |
UBS AG | Not measured at fair value | Level 2 | ||
Carrying amount | ||
Amounts due to banks | 2.7 | 4 |
Payables from securities financing transactions | 0.7 | 1.5 |
Cash collateral payables on derivative instruments | 0 | 0 |
Customer deposits | 33.9 | 7.3 |
Funding from UBS Group AG | 53.7 | 56 |
Debt issued measured at amortized cost | 45.5 | 69.8 |
Other financial liabilities measured at amortized cost excluding lease liabilities | 0 | 0 |
UBS AG | Not measured at fair value | Level 3 | ||
Carrying amount | ||
Amounts due to banks | 0 | 0 |
Payables from securities financing transactions | 0 | 0 |
Cash collateral payables on derivative instruments | 0 | 0 |
Customer deposits | 0 | 0 |
Funding from UBS Group AG | 0 | 0 |
Debt issued measured at amortized cost | 0 | 0 |
Other financial liabilities measured at amortized cost excluding lease liabilities | $ 0 | $ 0 |
Offsetting financial assets (De
Offsetting financial assets (Detail) - USD ($) $ in Billions | Dec. 31, 2022 | Dec. 31, 2021 |
Netting recognized on the balance sheet | ||
Gross assets before netting | $ 327.2 | $ 306.2 |
Netting with gross liabilities | (90.4) | (105) |
Net assets recognized on the balance sheet | 236.8 | 201.2 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (136.3) | (108.1) |
Collateral received | (84.1) | (77.2) |
Assets after consideration of netting potential | 16.4 | 15.9 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 76 | 82.6 |
Total assets | ||
Total assets, after consideration of further netting potential | 92.3 | 98.5 |
Total assets recognized on the balance sheet | 312.8 | 283.7 |
Receivables from securities financing transactions | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 60.8 | 67.7 |
Netting with gross liabilities | (11.1) | (13.8) |
Net assets recognized on the balance sheet | 49.6 | 53.9 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (3) | (2.9) |
Collateral received | (46.4) | (51) |
Assets after consideration of netting potential | 0.3 | 0 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 18.2 | 21.1 |
Total assets | ||
Total assets, after consideration of further netting potential | 18.5 | 21.1 |
Total assets recognized on the balance sheet | 67.8 | 75 |
Derivatives [Member] | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 147.4 | 116 |
Netting with gross liabilities | (2.5) | (3.6) |
Net assets recognized on the balance sheet | 144.9 | 112.4 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (110.9) | (88.9) |
Collateral received | (28.5) | (18.5) |
Assets after consideration of netting potential | 5.5 | 5 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 5.2 | 5.7 |
Total assets | ||
Total assets, after consideration of further netting potential | 10.7 | 10.7 |
Total assets recognized on the balance sheet | 150.1 | 118.1 |
Cash collateral receivables on derivative instruments | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 33.5 | 29.4 |
Netting with gross liabilities | 0 | 0 |
Net assets recognized on the balance sheet | 33.5 | 29.4 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (20.9) | (15.2) |
Collateral received | (1.9) | (3.3) |
Assets after consideration of netting potential | 10.6 | 11 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 1.5 | 1.1 |
Total assets | ||
Total assets, after consideration of further netting potential | 12.1 | 12.1 |
Total assets recognized on the balance sheet | 35 | 30.5 |
Financial assets at fair value not held for trading | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 85.6 | 93.1 |
Netting with gross liabilities | (76.8) | (87.6) |
Net assets recognized on the balance sheet | 8.7 | 5.5 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (1.5) | (1.1) |
Collateral received | (7.3) | (4.4) |
Assets after consideration of netting potential | 0 | 0 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 51 | 54.6 |
Total assets | ||
Total assets, after consideration of further netting potential | 51 | 54.6 |
Total assets recognized on the balance sheet | 59.8 | 60.1 |
of which: reverse repurchase agreements | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 84.4 | 93.1 |
Netting with gross liabilities | (76.8) | (87.6) |
Net assets recognized on the balance sheet | 7.6 | 5.5 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (1.5) | (1.1) |
Collateral received | (6.1) | (4.4) |
Assets after consideration of netting potential | 0 | 0 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 0.1 | 0.3 |
Total assets | ||
Total assets, after consideration of further netting potential | 0.1 | 0.3 |
Total assets recognized on the balance sheet | 7.7 | 5.8 |
UBS AG | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 327.2 | 306.2 |
Netting with gross liabilities | (90.4) | (105) |
Net assets recognized on the balance sheet | 236.8 | 201.2 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (136.3) | (108.1) |
Collateral received | (84.1) | (77.2) |
Assets after consideration of netting potential | 16.4 | 15.9 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 75.6 | 82.1 |
Total assets | ||
Total assets, after consideration of further netting potential | 92 | 98.1 |
Total assets recognized on the balance sheet | 312.4 | 283.3 |
UBS AG | Receivables from securities financing transactions | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 60.8 | 67.7 |
Netting with gross liabilities | (11.1) | (13.8) |
Net assets recognized on the balance sheet | 49.6 | 53.9 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (3) | (2.9) |
Collateral received | (46.4) | (51) |
Assets after consideration of netting potential | 0.3 | 0 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 18.2 | 21.1 |
Total assets | ||
Total assets, after consideration of further netting potential | 18.5 | 21.1 |
Total assets recognized on the balance sheet | 67.8 | 75 |
UBS AG | Derivatives [Member] | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 147.4 | 116 |
Netting with gross liabilities | (2.5) | (3.6) |
Net assets recognized on the balance sheet | 144.9 | 112.4 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (110.9) | (88.9) |
Collateral received | (28.5) | (18.5) |
Assets after consideration of netting potential | 5.5 | 5 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 5.2 | 5.8 |
Total assets | ||
Total assets, after consideration of further netting potential | 10.7 | 10.7 |
Total assets recognized on the balance sheet | 150.1 | 118.1 |
UBS AG | Cash collateral receivables on derivative instruments | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 33.5 | 29.4 |
Netting with gross liabilities | 0 | 0 |
Net assets recognized on the balance sheet | 33.5 | 29.4 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (20.9) | (15.2) |
Collateral received | (1.9) | (3.3) |
Assets after consideration of netting potential | 10.6 | 11 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 1.5 | 1.1 |
Total assets | ||
Total assets, after consideration of further netting potential | 12.1 | 12.1 |
Total assets recognized on the balance sheet | 35 | 30.5 |
UBS AG | Financial assets at fair value not held for trading | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 85.6 | 93.1 |
Netting with gross liabilities | (76.8) | (87.6) |
Net assets recognized on the balance sheet | 8.7 | 5.5 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (1.5) | (1.1) |
Collateral received | (7.3) | (4.4) |
Assets after consideration of netting potential | 0 | 0 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 50.7 | 54.1 |
Total assets | ||
Total assets, after consideration of further netting potential | 50.7 | 54.1 |
Total assets recognized on the balance sheet | 59.4 | 59.6 |
UBS AG | of which: reverse repurchase agreements | ||
Netting recognized on the balance sheet | ||
Gross assets before netting | 84.4 | 93.1 |
Netting with gross liabilities | (76.8) | (87.6) |
Net assets recognized on the balance sheet | 7.6 | 5.5 |
Netting potential not recognized on the balance sheet | ||
Financial liabilities | (1.5) | (1.1) |
Collateral received | (6.1) | (4.4) |
Assets after consideration of netting potential | 0 | 0 |
Assets not subject to netting arrangements | ||
Assets recognized on the balance sheet | 0.1 | 0.3 |
Total assets | ||
Total assets, after consideration of further netting potential | 0.1 | 0.3 |
Total assets recognized on the balance sheet | $ 7.7 | $ 5.8 |
Offsetting financial liabilitie
Offsetting financial liabilities (Detail) - USD ($) $ in Billions | Dec. 31, 2022 | Dec. 31, 2021 |
Netting recognized on the balance sheet | ||
Gross liabilities before netting | $ 291.7 | $ 260.6 |
Netting with gross assets | (90.4) | (105) |
Net liabilities recognized on the balance sheet | 201.3 | 155.6 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (135.3) | (106) |
Collateral pledged | (42.3) | (27.5) |
Liabilities after consideration of netting potential | 23.7 | 22.1 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 24.5 | 33.1 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 48.1 | 55.2 |
Total liabilities recognized on the balance sheet | 225.8 | 188.7 |
Payables from securities financing transactions | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 14.1 | 16.9 |
Netting with gross assets | (11.1) | (12.8) |
Net liabilities recognized on the balance sheet | 3 | 4.1 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (1.3) | (1.8) |
Collateral pledged | (1.8) | (2.3) |
Liabilities after consideration of netting potential | 0 | 0 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 1.2 | 1.4 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 1.2 | 1.4 |
Total liabilities recognized on the balance sheet | 4.2 | 5.5 |
Derivative financial instruments - liabilities | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 150.3 | 118.4 |
Netting with gross assets | (2.5) | (3.6) |
Net liabilities recognized on the balance sheet | 147.8 | 114.9 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (110.9) | (88.9) |
Collateral pledged | (26.2) | (18.1) |
Liabilities after consideration of netting potential | 10.7 | 7.9 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 7.1 | 6.4 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 17.8 | 14.3 |
Total liabilities recognized on the balance sheet | 154.9 | 121.3 |
Cash collateral payables on derivative instruments | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 34.9 | 30.4 |
Netting with gross assets | 0 | 0 |
Net liabilities recognized on the balance sheet | 34.9 | 30.4 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (20) | (13.1) |
Collateral pledged | (1.9) | (3.3) |
Liabilities after consideration of netting potential | 13 | 14 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 1.6 | 1.4 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 14.5 | 15.4 |
Total liabilities recognized on the balance sheet | 36.4 | 31.8 |
Other financial liabilities designated at fair value | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 92.5 | 94.8 |
Netting with gross assets | (76.9) | (88.6) |
Net liabilities recognized on the balance sheet | 15.6 | 6.2 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (3.2) | (2.2) |
Collateral pledged | (12.4) | (3.8) |
Liabilities after consideration of netting potential | 0 | 0.2 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 14.6 | 23.9 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 14.6 | 24.1 |
Total liabilities recognized on the balance sheet | 30.2 | 30.1 |
of which: repurchase agreements | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 92.1 | 94.6 |
Netting with gross assets | (76.9) | (88.6) |
Net liabilities recognized on the balance sheet | 15.3 | 6 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (3.2) | (2.2) |
Collateral pledged | (12.1) | (3.8) |
Liabilities after consideration of netting potential | 0 | 0 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 0.1 | 0.4 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 0.1 | 0.4 |
Total liabilities recognized on the balance sheet | 15.3 | 6.4 |
UBS AG | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 291.7 | 260.6 |
Netting with gross assets | (90.4) | (105) |
Net liabilities recognized on the balance sheet | 201.3 | 155.6 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (135.3) | (106) |
Collateral pledged | (42.3) | (27.5) |
Liabilities after consideration of netting potential | 23.7 | 22.1 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 26.3 | 35.5 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 49.9 | 57.6 |
Total liabilities recognized on the balance sheet | 227.6 | 191.1 |
UBS AG | Payables from securities financing transactions | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 14.1 | 16.9 |
Netting with gross assets | (11.1) | (12.8) |
Net liabilities recognized on the balance sheet | 3 | 4.1 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (1.3) | (1.8) |
Collateral pledged | (1.8) | (2.3) |
Liabilities after consideration of netting potential | 0 | 0 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 1.2 | 1.4 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 1.2 | 1.4 |
Total liabilities recognized on the balance sheet | 4.2 | 5.5 |
UBS AG | Derivative financial instruments - liabilities | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 150.3 | 118.4 |
Netting with gross assets | (2.5) | (3.6) |
Net liabilities recognized on the balance sheet | 147.8 | 114.9 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (110.9) | (88.9) |
Collateral pledged | (26.2) | (18.1) |
Liabilities after consideration of netting potential | 10.7 | 7.9 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 7.1 | 6.4 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 17.8 | 14.3 |
Total liabilities recognized on the balance sheet | 154.9 | 121.3 |
UBS AG | Cash collateral payables on derivative instruments | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 34.9 | 30.4 |
Netting with gross assets | 0 | 0 |
Net liabilities recognized on the balance sheet | 34.9 | 30.4 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (20) | (13.1) |
Collateral pledged | (1.9) | (3.3) |
Liabilities after consideration of netting potential | 13 | 14 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 1.6 | 1.4 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 14.5 | 15.4 |
Total liabilities recognized on the balance sheet | 36.4 | 31.8 |
UBS AG | Other financial liabilities designated at fair value | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 92.5 | 94.8 |
Netting with gross assets | (76.9) | (88.6) |
Net liabilities recognized on the balance sheet | 15.6 | 6.2 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (3.2) | (2.2) |
Collateral pledged | (12.4) | (3.8) |
Liabilities after consideration of netting potential | 0 | 0.2 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 16.4 | 26.3 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 16.4 | 26.5 |
Total liabilities recognized on the balance sheet | 32 | 32.4 |
UBS AG | of which: repurchase agreements | ||
Netting recognized on the balance sheet | ||
Gross liabilities before netting | 92.1 | 94.6 |
Netting with gross assets | (76.9) | (88.6) |
Net liabilities recognized on the balance sheet | 15.3 | 6 |
Netting potential not recognized on the balance sheet | ||
Financial assets | (3.2) | (2.2) |
Collateral pledged | (12.1) | (3.8) |
Liabilities after consideration of netting potential | 0 | 0 |
Liabilities not subject to netting arrangements | ||
Liabilities recognized on the balance sheet | 0.1 | 0.4 |
Total liabilities | ||
Total liabilities after consideration of netting potential | 0.1 | 0.4 |
Total liabilities recognized on the balance sheet | $ 15.3 | $ 6.4 |
Restricted financial assets (De
Restricted financial assets (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Financial assets pledged as collateral | ||
Financial assets at fair value held for trading | $ 57,377 | $ 63,725 |
of which: assets pledged as collateral which may be sold or repledged by counterparties | 36,742 | 43,397 |
Loans and advances to customers | 15,195 | 18,160 |
Financial assets at fair value not held for trading | 1,509 | 961 |
of which: assets pledged as collateral that may be sold or repledged by counterparties | 1,220 | 961 |
Debt securities classified as Other financial assets measured at amortized cost | 3,432 | 2,234 |
of which: assets pledged as collateral that may be sold or repledged by counterparties | 2,685 | 1,870 |
Total financial assets pledged as collateral | 77,513 | 85,079 |
Other restricted financial assets | ||
Loans and advances to banks | 3,689 | 3,408 |
Financial assets at fair value held for trading | 162 | 392 |
Cash collateral receivables on derivative instruments | 5,155 | 4,747 |
Loans and advances to customers | 1,127 | 1,237 |
Financial assets at fair value not held for trading | 14,478 | 22,765 |
Financial assets measured at fair value through other comprehensive income | 1,842 | 894 |
Other | 859 | 97 |
Total other restricted financial assets | 27,312 | 33,540 |
Total financial assets pledged and other restricted financial assets | 104,825 | 118,619 |
Pledged mortgage loans that could be withdrawn or used | 3,100 | 2,700 |
Assets placed with central banks related to undrawn credit lines and for payment, clearing and settlement purposes | 5,900 | 4,400 |
UBS AG | ||
Financial assets pledged as collateral | ||
Financial assets at fair value held for trading | 57,435 | 63,834 |
of which: assets pledged as collateral which may be sold or repledged by counterparties | 36,742 | 43,397 |
Loans and advances to customers | 15,195 | 18,160 |
Financial assets at fair value not held for trading | 1,509 | 961 |
of which: assets pledged as collateral that may be sold or repledged by counterparties | 1,220 | 961 |
Debt securities classified as Other financial assets measured at amortized cost | 3,432 | 2,234 |
of which: assets pledged as collateral that may be sold or repledged by counterparties | 2,685 | 1,870 |
Total financial assets pledged as collateral | 77,571 | 85,188 |
Other restricted financial assets | ||
Loans and advances to banks | 3,689 | 3,408 |
Financial assets at fair value held for trading | 162 | 392 |
Cash collateral receivables on derivative instruments | 5,155 | 4,747 |
Loans and advances to customers | 1,127 | 1,237 |
Financial assets at fair value not held for trading | 14,090 | 22,328 |
Financial assets measured at fair value through other comprehensive income | 1,842 | 894 |
Other | 859 | 97 |
Total other restricted financial assets | 26,924 | 33,104 |
Total financial assets pledged and other restricted financial assets | 104,495 | 118,292 |
Pledged mortgage loans that could be withdrawn or used | 3,100 | 2,700 |
Assets placed with central banks related to undrawn credit lines and for payment, clearing and settlement purposes | $ 5,900 | $ 4,400 |
Restricted financial assets (Na
Restricted financial assets (Narrative) (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Pledged mortgage loans serve as collateral for existing liabilities against Swiss central mortgage institutions and for existing covered bond issuances | $ 8,962 | $ 10,843 |
UBS AG | ||
Entity [Table] | ||
Pledged mortgage loans serve as collateral for existing liabilities against Swiss central mortgage institutions and for existing covered bond issuances | $ 8,962 | $ 10,843 |
Transferred financial assets _3
Transferred financial assets that are not derecognized in their entirety (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | $ 40,647 | $ 46,227 |
Carrying amount of associated liabilities recognized on balance sheet | 19,822 | 20,311 |
Financial assets at fair value held for trading that may be sold or repledged by counterparties | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 36,742 | 43,397 |
Carrying amount of associated liabilities recognized on balance sheet | 16,470 | 17,687 |
relating to securities lending and repurchase agreements in exchange for cash received | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 16,756 | 17,970 |
Carrying amount of associated liabilities recognized on balance sheet | 16,470 | 17,687 |
relating to securities lending agreements in exchange for securities received | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 18,908 | 24,146 |
relating to other financial asset transfers | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 1,078 | 1,281 |
Financial assets at fair value not held for trading that may be sold or repledged by counterparties | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 1,220 | 961 |
Carrying amount of associated liabilities recognized on balance sheet | 1,050 | 898 |
Debt securities classified as Other financial assets measured at amortized cost that may be sold or repledged by counterparties | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 2,685 | 1,870 |
Carrying amount of associated liabilities recognized on balance sheet | 2,302 | 1,725 |
UBS AG | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 40,647 | 46,227 |
Carrying amount of associated liabilities recognized on balance sheet | 19,822 | 20,311 |
UBS AG | Financial assets at fair value held for trading that may be sold or repledged by counterparties | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 36,742 | 43,397 |
Carrying amount of associated liabilities recognized on balance sheet | 16,470 | 17,687 |
UBS AG | relating to securities lending and repurchase agreements in exchange for cash received | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 16,756 | 17,970 |
Carrying amount of associated liabilities recognized on balance sheet | 16,470 | 17,687 |
UBS AG | relating to securities lending agreements in exchange for securities received | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 18,908 | 24,146 |
UBS AG | relating to other financial asset transfers | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 1,078 | 1,281 |
UBS AG | Financial assets at fair value not held for trading that may be sold or repledged by counterparties | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 1,220 | 961 |
Carrying amount of associated liabilities recognized on balance sheet | 1,050 | 898 |
UBS AG | Debt securities classified as Other financial assets measured at amortized cost that may be sold or repledged by counterparties | ||
Disclosure Of Financial Assets Transferred During Period Which Do Not Qualify For Derecognition [Table] | ||
Carrying amount of transferred assets | 2,685 | 1,870 |
Carrying amount of associated liabilities recognized on balance sheet | $ 2,302 | $ 1,725 |
Transferred financial assets _4
Transferred financial assets that are not derecognized in their entirety (Narrative) (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Proportion of transferred financial assets that were trading portfolio assets in exchange for cash | 45% |
Minimum haircut applied to transferred assets in securities lending and repurchase agreements | 0% |
Maximum haircut applied to transferred assets in securities lending and repurchase agreements | 15% |
UBS AG | |
Entity [Table] | |
Proportion of transferred financial assets that were trading portfolio assets in exchange for cash | 45% |
Minimum haircut applied to transferred assets in securities lending and repurchase agreements | 0% |
Maximum haircut applied to transferred assets in securities lending and repurchase agreements | 15% |
Off-balance sheet assets rece_2
Off-balance sheet assets received (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Fair value of assets received that can be sold or repledged | $ 434,023 | $ 497,828 |
received as collateral under reverse repurchase, securities borrowing and lending arrangements, derivative and other transactions | 418,847 | 483,426 |
received in unsecured borrowings | 15,175 | 14,402 |
Thereof sold or repledged | 331,805 | 367,440 |
in connection with financing activities | 288,752 | 319,176 |
to satisfy commitments under short sale transactions | 29,515 | 31,688 |
in connection with derivative and other transactions | 13,538 | 16,575 |
Off balance sheet securities placed with central banks related to undrawn credit lines and for payment clearing and settlement purposes | 9,900 | 12,700 |
UBS AG | ||
Entity [Table] | ||
Fair value of assets received that can be sold or repledged | 434,023 | 497,828 |
received as collateral under reverse repurchase, securities borrowing and lending arrangements, derivative and other transactions | 418,847 | 483,426 |
received in unsecured borrowings | 15,175 | 14,402 |
Thereof sold or repledged | 331,805 | 367,440 |
in connection with financing activities | 288,752 | 319,176 |
to satisfy commitments under short sale transactions | 29,515 | 31,688 |
in connection with derivative and other transactions | 13,538 | 16,575 |
Off balance sheet securities placed with central banks related to undrawn credit lines and for payment clearing and settlement purposes | $ 9,900 | $ 12,700 |
Maturity analysis of assets a_2
Maturity analysis of assets and liabilities (Detail] - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 |
Assets | |||
Total financial assets measured at amortized cost | $ 727,568 | $ 737,794 | |
Loans and advances to customers | 387,220 | 397,761 | |
Total financial assets measured at fair value through profit or loss | 335,347 | 330,882 | |
Financial assets at fair value not held for trading | 59,796 | 60,080 | |
Financial assets measured at fair value through other comprehensive income | 2,239 | 8,844 | |
Total non-financial assets | 39,200 | 39,700 | |
Total assets | 1,104,364 | 1,117,182 | $ 1,125,765 |
Liabilities | |||
Total financial liabilities measured at amortized cost | 701,481 | 740,595 | |
Customer deposits | 525,051 | 542,007 | |
Debt issued measured at amortized cost | 114,621 | 139,155 | |
Total financial liabilities measured at fair value through profit or loss | 333,381 | 300,916 | |
Debt issued designated at fair value | 73,638 | 73,799 | |
Total non-financial liabilities | 12,300 | 14,700 | |
Total liabilities | 1,047,146 | 1,056,180 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 66,200 | 62,100 | |
Due within 1 month | |||
Assets | |||
Total financial assets measured at amortized cost | 422,600 | 453,700 | |
Loans and advances to customers | 139,400 | 157,200 | |
Total financial assets measured at fair value through profit or loss | 300,200 | 300,500 | |
Financial assets at fair value not held for trading | 24,600 | 29,700 | |
Financial assets measured at fair value through other comprehensive income | 300 | 100 | |
Total non-financial assets | 7,600 | 7,700 | |
Total assets | 730,700 | 761,900 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 521,900 | 581,600 | |
Customer deposits | 463,000 | 530,100 | |
Debt issued measured at amortized cost | 6,600 | 3,700 | |
Total financial liabilities measured at fair value through profit or loss | 265,900 | 237,700 | |
Debt issued designated at fair value | 9,300 | 12,500 | |
Total non-financial liabilities | 7,200 | 9,300 | |
Total liabilities | 795,100 | 828,600 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 65,400 | 60,900 | |
Due between 1 and 3 months | |||
Assets | |||
Total financial assets measured at amortized cost | 28,700 | 45,900 | |
Loans and advances to customers | 16,300 | 28,700 | |
Total financial assets measured at fair value through profit or loss | 10,000 | 5,800 | |
Financial assets at fair value not held for trading | 10,000 | 5,800 | |
Financial assets measured at fair value through other comprehensive income | 900 | 400 | |
Total non-financial assets | 500 | ||
Total assets | 39,600 | 52,600 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 40,000 | 20,100 | |
Customer deposits | 28,300 | 5,200 | |
Debt issued measured at amortized cost | 8,800 | 12,100 | |
Total financial liabilities measured at fair value through profit or loss | 13,800 | 12,000 | |
Debt issued designated at fair value | 12,300 | 11,600 | |
Total non-financial liabilities | 3,000 | 3,000 | |
Total liabilities | 56,700 | 35,100 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 300 | 500 | |
Due between 3 and 12 months | |||
Assets | |||
Total financial assets measured at amortized cost | 34,400 | 43,100 | |
Loans and advances to customers | 28,300 | 37,200 | |
Total financial assets measured at fair value through profit or loss | 7,800 | 8,100 | |
Financial assets at fair value not held for trading | 7,800 | 8,100 | |
Financial assets measured at fair value through other comprehensive income | 900 | 700 | |
Total non-financial assets | 200 | 100 | |
Total assets | 43,400 | 52,000 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 49,600 | 48,400 | |
Customer deposits | 23,800 | 3,200 | |
Debt issued measured at amortized cost | 23,300 | 39,800 | |
Total financial liabilities measured at fair value through profit or loss | 16,300 | 14,700 | |
Debt issued designated at fair value | 15,900 | 14,100 | |
Total liabilities | 65,900 | 63,000 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 400 | 700 | |
Due between 1 and 2 years | |||
Assets | |||
Total financial assets measured at amortized cost | 78,700 | 53,700 | |
Loans and advances to customers | 74,900 | 49,600 | |
Total financial assets measured at fair value through profit or loss | 3,600 | 5,200 | |
Financial assets at fair value not held for trading | 3,600 | 5,200 | |
Financial assets measured at fair value through other comprehensive income | 100 | 100 | |
Total non-financial assets | 200 | ||
Total assets | 82,400 | 59,200 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 20,500 | 17,000 | |
Customer deposits | 7,500 | 1,600 | |
Debt issued measured at amortized cost | 11,900 | 14,900 | |
Total financial liabilities measured at fair value through profit or loss | 19,600 | 18,800 | |
Debt issued designated at fair value | 19,300 | 18,600 | |
Total liabilities | 40,100 | 35,800 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 0 | 0 | |
Due between 2 and 5 years | |||
Assets | |||
Total financial assets measured at amortized cost | 70,400 | 64,100 | |
Loans and advances to customers | 55,500 | 54,900 | |
Total financial assets measured at fair value through profit or loss | 9,900 | 7,100 | |
Financial assets at fair value not held for trading | 9,900 | 7,100 | |
Financial assets measured at fair value through other comprehensive income | 0 | 400 | |
Total non-financial assets | 2,000 | 1,400 | |
Total assets | 82,300 | 73,000 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 35,100 | 35,600 | |
Customer deposits | 2,200 | 1,500 | |
Debt issued measured at amortized cost | 31,100 | 32,500 | |
Total financial liabilities measured at fair value through profit or loss | 7,300 | 5,600 | |
Debt issued designated at fair value | 6,900 | 5,400 | |
Total liabilities | 42,400 | 41,200 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 0 | ||
Due after 5 years | |||
Assets | |||
Total financial assets measured at amortized cost | 92,700 | 77,300 | |
Loans and advances to customers | 72,900 | 70,100 | |
Total financial assets measured at fair value through profit or loss | 2,000 | 2,500 | |
Financial assets at fair value not held for trading | 2,000 | 2,500 | |
Financial assets measured at fair value through other comprehensive income | 0 | 7,100 | |
Total non-financial assets | 400 | 300 | |
Total assets | 95,100 | 87,200 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 23,400 | 24,400 | |
Customer deposits | 300 | 300 | |
Debt issued measured at amortized cost | 21,900 | 22,700 | |
Total financial liabilities measured at fair value through profit or loss | 10,500 | 12,200 | |
Debt issued designated at fair value | 10,000 | 11,500 | |
Total liabilities | 33,900 | 36,600 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 0 | ||
Perpetual / Not applicable | |||
Assets | |||
Total financial assets measured at fair value through profit or loss | 1,900 | 1,800 | |
Financial assets at fair value not held for trading | 1,900 | 1,800 | |
Total non-financial assets | 29,000 | 29,400 | |
Total assets | 31,000 | 31,200 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 11,100 | 13,500 | |
Debt issued measured at amortized cost | 11,100 | 13,500 | |
Total non-financial liabilities | 2,100 | 2,400 | |
Total liabilities | 13,200 | 15,900 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 0 | ||
Non-subordinated debt | Fixed-rate | |||
Liabilities | |||
Debt issued measured at amortized cost | 78,100 | 102,600 | |
Debt issued designated at fair value | 17,400 | 12,200 | |
Non-subordinated debt | Fixed-rate | Due within 1 month | |||
Liabilities | |||
Debt issued measured at amortized cost | 3,100 | 3,700 | |
Debt issued designated at fair value | 500 | 800 | |
Non-subordinated debt | Fixed-rate | Due between 1 and 3 months | |||
Liabilities | |||
Debt issued measured at amortized cost | 4,000 | 10,800 | |
Debt issued designated at fair value | 2,300 | 1,200 | |
Non-subordinated debt | Fixed-rate | Due between 3 and 12 months | |||
Liabilities | |||
Debt issued measured at amortized cost | 13,200 | 28,800 | |
Debt issued designated at fair value | 5,600 | 2,900 | |
Non-subordinated debt | Fixed-rate | Due between 1 and 2 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 7,600 | 10,600 | |
Debt issued designated at fair value | 3,600 | 1,200 | |
Non-subordinated debt | Fixed-rate | Due between 2 and 5 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 28,400 | 26,000 | |
Debt issued designated at fair value | 2,000 | 1,300 | |
Non-subordinated debt | Fixed-rate | Due after 5 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 21,900 | 22,700 | |
Debt issued designated at fair value | 3,400 | 4,800 | |
Non-subordinated debt | Floating-rate | |||
Liabilities | |||
Debt issued measured at amortized cost | 20,500 | 17,900 | |
Debt issued designated at fair value | 56,200 | 61,600 | |
Non-subordinated debt | Floating-rate | Due within 1 month | |||
Liabilities | |||
Debt issued measured at amortized cost | 1,500 | ||
Debt issued designated at fair value | 8,800 | 11,700 | |
Non-subordinated debt | Floating-rate | Due between 1 and 3 months | |||
Liabilities | |||
Debt issued measured at amortized cost | 4,800 | 1,300 | |
Debt issued designated at fair value | 10,000 | 10,300 | |
Non-subordinated debt | Floating-rate | Due between 3 and 12 months | |||
Liabilities | |||
Debt issued measured at amortized cost | 10,100 | 9,000 | |
Debt issued designated at fair value | 10,300 | 11,200 | |
Non-subordinated debt | Floating-rate | Due between 1 and 2 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 1,900 | 4,300 | |
Debt issued designated at fair value | 15,700 | 17,400 | |
Non-subordinated debt | Floating-rate | Due between 2 and 5 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 2,200 | 3,300 | |
Debt issued designated at fair value | 4,900 | 4,200 | |
Non-subordinated debt | Floating-rate | Due after 5 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 0 | ||
Debt issued designated at fair value | 6,600 | 6,800 | |
Subordinated debt | Fixed-rate | |||
Liabilities | |||
Debt issued measured at amortized cost | 16,000 | 18,600 | |
Subordinated debt | Fixed-rate | Due within 1 month | |||
Liabilities | |||
Debt issued measured at amortized cost | 2,000 | ||
Subordinated debt | Fixed-rate | Due between 3 and 12 months | |||
Liabilities | |||
Debt issued measured at amortized cost | 2,000 | ||
Subordinated debt | Fixed-rate | Due between 1 and 2 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 2,400 | ||
Subordinated debt | Fixed-rate | Due between 2 and 5 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 500 | 3,100 | |
Subordinated debt | Fixed-rate | Perpetual / Not applicable | |||
Liabilities | |||
Debt issued measured at amortized cost | 11,100 | 13,500 | |
UBS AG | |||
Assets | |||
Total financial assets measured at amortized cost | 730,379 | 738,632 | |
Loans and advances to customers | 390,027 | 398,693 | |
Total financial assets measured at fair value through profit or loss | 335,127 | 330,659 | |
Financial assets at fair value not held for trading | 59,408 | 59,642 | |
Financial assets measured at fair value through other comprehensive income | 2,239 | 8,844 | |
Total non-financial assets | 37,700 | 38,000 | |
Total assets | 1,105,436 | 1,116,145 | $ 1,125,327 |
Liabilities | |||
Total financial liabilities measured at amortized cost | 705,442 | 744,762 | |
Customer deposits | 527,171 | 544,834 | |
Funding from UBS Group AG | 56,147 | 57,295 | |
Debt issued measured at amortized cost | 59,499 | 82,432 | |
Total financial liabilities measured at fair value through profit or loss | 333,382 | 300,916 | |
Debt issued designated at fair value | 71,842 | 71,460 | |
Total non-financial liabilities | 9,700 | 12,000 | |
Total liabilities | 1,048,496 | 1,057,702 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 66,200 | 62,100 | |
UBS AG | Due within 1 month | |||
Assets | |||
Total financial assets measured at amortized cost | 425,200 | 454,300 | |
Loans and advances to customers | 141,900 | 157,800 | |
Total financial assets measured at fair value through profit or loss | 300,400 | 300,700 | |
Financial assets at fair value not held for trading | 24,600 | 29,700 | |
Financial assets measured at fair value through other comprehensive income | 300 | 100 | |
Total non-financial assets | 7,100 | 7,300 | |
Total assets | 732,900 | 762,300 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 524,300 | 583,300 | |
Customer deposits | 464,500 | 531,000 | |
Funding from UBS Group AG | 2,000 | 0 | |
Debt issued measured at amortized cost | 4,600 | 3,700 | |
Total financial liabilities measured at fair value through profit or loss | 265,900 | 238,100 | |
Debt issued designated at fair value | 9,300 | 12,500 | |
Total non-financial liabilities | 6,700 | 8,700 | |
Total liabilities | 796,900 | 830,000 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 65,400 | 60,900 | |
UBS AG | Due between 1 and 3 months | |||
Assets | |||
Total financial assets measured at amortized cost | 28,700 | 45,600 | |
Loans and advances to customers | 16,300 | 28,500 | |
Total financial assets measured at fair value through profit or loss | 10,000 | 5,800 | |
Financial assets at fair value not held for trading | 10,000 | 5,800 | |
Financial assets measured at fair value through other comprehensive income | 900 | 400 | |
Total non-financial assets | 500 | ||
Total assets | 39,500 | 52,300 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 40,200 | 21,500 | |
Customer deposits | 28,500 | 6,500 | |
Funding from UBS Group AG | 2,800 | ||
Debt issued measured at amortized cost | 8,800 | 9,300 | |
Total financial liabilities measured at fair value through profit or loss | 13,800 | 12,000 | |
Debt issued designated at fair value | 12,300 | 11,600 | |
Total non-financial liabilities | 2,600 | 2,600 | |
Total liabilities | 56,500 | 36,000 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 300 | 500 | |
UBS AG | Due between 3 and 12 months | |||
Assets | |||
Total financial assets measured at amortized cost | 34,500 | 43,200 | |
Loans and advances to customers | 28,300 | 37,300 | |
Total financial assets measured at fair value through profit or loss | 7,800 | 8,100 | |
Financial assets at fair value not held for trading | 7,800 | 8,100 | |
Financial assets measured at fair value through other comprehensive income | 900 | 700 | |
Total non-financial assets | 200 | 100 | |
Total assets | 43,400 | 52,100 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 49,600 | 48,400 | |
Customer deposits | 23,800 | 3,200 | |
Funding from UBS Group AG | 1,400 | ||
Debt issued measured at amortized cost | 23,300 | 38,400 | |
Total financial liabilities measured at fair value through profit or loss | 16,300 | 14,700 | |
Debt issued designated at fair value | 15,900 | 14,100 | |
Total liabilities | 65,900 | 63,000 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 400 | 700 | |
UBS AG | Due between 1 and 2 years | |||
Assets | |||
Total financial assets measured at amortized cost | 78,800 | 53,700 | |
Loans and advances to customers | 74,900 | 49,700 | |
Total financial assets measured at fair value through profit or loss | 3,600 | 5,200 | |
Financial assets at fair value not held for trading | 3,600 | 5,200 | |
Financial assets measured at fair value through other comprehensive income | 100 | 100 | |
Total non-financial assets | 200 | ||
Total assets | 82,400 | 59,300 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 20,700 | 17,300 | |
Customer deposits | 7,700 | 1,900 | |
Funding from UBS Group AG | 4,800 | 6,300 | |
Debt issued measured at amortized cost | 7,200 | 8,700 | |
Total financial liabilities measured at fair value through profit or loss | 19,600 | 18,800 | |
Debt issued designated at fair value | 19,300 | 18,600 | |
Total liabilities | 40,400 | 36,200 | |
Guarantees, commitments and forward starting transactions | |||
Guarantees, loan commitments and forward starting transactions | 0 | 0 | |
UBS AG | Due between 2 and 5 years | |||
Assets | |||
Total financial assets measured at amortized cost | 70,500 | 64,200 | |
Loans and advances to customers | 55,600 | 55,100 | |
Total financial assets measured at fair value through profit or loss | 9,900 | 7,100 | |
Financial assets at fair value not held for trading | 9,900 | 7,100 | |
Financial assets measured at fair value through other comprehensive income | 0 | 400 | |
Total non-financial assets | 2,000 | 1,400 | |
Total assets | 82,400 | 73,200 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 35,200 | 36,000 | |
Customer deposits | 2,300 | 1,800 | |
Funding from UBS Group AG | 21,200 | 17,000 | |
Debt issued measured at amortized cost | 10,000 | 15,500 | |
Total financial liabilities measured at fair value through profit or loss | 7,300 | 5,600 | |
Debt issued designated at fair value | 6,900 | 5,400 | |
Total liabilities | 42,500 | 41,600 | |
UBS AG | Due after 5 years | |||
Assets | |||
Total financial assets measured at amortized cost | 92,800 | 77,600 | |
Loans and advances to customers | 73,000 | 70,300 | |
Total financial assets measured at fair value through profit or loss | 2,000 | 2,500 | |
Financial assets at fair value not held for trading | 2,000 | 2,500 | |
Financial assets measured at fair value through other comprehensive income | 0 | 7,100 | |
Total non-financial assets | 400 | 300 | |
Total assets | 95,100 | 87,500 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 23,500 | 24,700 | |
Customer deposits | 300 | 300 | |
Funding from UBS Group AG | 16,300 | 16,100 | |
Debt issued measured at amortized cost | 5,700 | 6,900 | |
Total financial liabilities measured at fair value through profit or loss | 10,500 | 11,800 | |
Debt issued designated at fair value | 8,200 | 9,200 | |
Total liabilities | 34,000 | 36,500 | |
UBS AG | Perpetual / Not applicable | |||
Assets | |||
Total financial assets measured at fair value through profit or loss | 1,500 | 1,400 | |
Financial assets at fair value not held for trading | 1,500 | 1,400 | |
Total non-financial assets | 28,000 | 28,200 | |
Total assets | 29,600 | 29,500 | |
Liabilities | |||
Total financial liabilities measured at amortized cost | 11,800 | 13,700 | |
Funding from UBS Group AG | 11,800 | 13,700 | |
Total non-financial liabilities | 500 | 700 | |
Total liabilities | 12,300 | 14,400 | |
UBS AG | Non-subordinated debt | Fixed-rate | |||
Liabilities | |||
Debt issued measured at amortized cost | 36,600 | 62,000 | |
Debt issued designated at fair value | 15,600 | 9,800 | |
UBS AG | Non-subordinated debt | Fixed-rate | Due within 1 month | |||
Liabilities | |||
Debt issued measured at amortized cost | 3,100 | 3,700 | |
Debt issued designated at fair value | 500 | 800 | |
UBS AG | Non-subordinated debt | Fixed-rate | Due between 1 and 3 months | |||
Liabilities | |||
Debt issued measured at amortized cost | 4,000 | 8,400 | |
Debt issued designated at fair value | 2,300 | 1,200 | |
UBS AG | Non-subordinated debt | Fixed-rate | Due between 3 and 12 months | |||
Liabilities | |||
Debt issued measured at amortized cost | 13,200 | 27,400 | |
Debt issued designated at fair value | 5,600 | 2,900 | |
UBS AG | Non-subordinated debt | Fixed-rate | Due between 1 and 2 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 2,800 | 6,600 | |
Debt issued designated at fair value | 3,600 | 1,200 | |
UBS AG | Non-subordinated debt | Fixed-rate | Due between 2 and 5 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 7,800 | 9,000 | |
Debt issued designated at fair value | 2,000 | 1,300 | |
UBS AG | Non-subordinated debt | Fixed-rate | Due after 5 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 5,700 | 6,900 | |
Debt issued designated at fair value | 1,600 | 2,400 | |
UBS AG | Non-subordinated debt | Floating-rate | |||
Liabilities | |||
Debt issued measured at amortized cost | 19,900 | 15,200 | |
Debt issued designated at fair value | 56,200 | 61,600 | |
UBS AG | Non-subordinated debt | Floating-rate | Due within 1 month | |||
Liabilities | |||
Debt issued measured at amortized cost | 1,500 | 0 | |
Debt issued designated at fair value | 8,800 | 11,700 | |
UBS AG | Non-subordinated debt | Floating-rate | Due between 1 and 3 months | |||
Liabilities | |||
Debt issued measured at amortized cost | 4,800 | 800 | |
Debt issued designated at fair value | 10,000 | 10,300 | |
UBS AG | Non-subordinated debt | Floating-rate | Due between 3 and 12 months | |||
Liabilities | |||
Debt issued measured at amortized cost | 10,100 | 9,000 | |
Debt issued designated at fair value | 10,300 | 11,200 | |
UBS AG | Non-subordinated debt | Floating-rate | Due between 1 and 2 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 1,900 | 2,100 | |
Debt issued designated at fair value | 15,700 | 17,400 | |
UBS AG | Non-subordinated debt | Floating-rate | Due between 2 and 5 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 1,600 | 3,300 | |
Debt issued designated at fair value | 4,900 | 4,200 | |
UBS AG | Non-subordinated debt | Floating-rate | Due after 5 years | |||
Liabilities | |||
Debt issued designated at fair value | 6,600 | 6,800 | |
UBS AG | Subordinated debt | Fixed-rate | |||
Liabilities | |||
Debt issued measured at amortized cost | 3,000 | 5,200 | |
UBS AG | Subordinated debt | Fixed-rate | Due between 3 and 12 months | |||
Liabilities | |||
Debt issued measured at amortized cost | 2,000 | ||
UBS AG | Subordinated debt | Fixed-rate | Due between 1 and 2 years | |||
Liabilities | |||
Debt issued measured at amortized cost | 2,400 | ||
UBS AG | Subordinated debt | Fixed-rate | Due between 2 and 5 years | |||
Liabilities | |||
Debt issued measured at amortized cost | $ 500 | $ 3,100 |
Maturity analysis of financia_2
Maturity analysis of financial liabilities (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | $ 11,700 | $ 13,100 |
Payables from securities financing transactions, undiscounted cash flows | 4,400 | 5,700 |
Cash collateral payables on derivative instruments, undiscounted cash flows | 36,400 | 31,800 |
Customer deposits, undiscounted cash flows | 526,900 | 542,300 |
Debt issued measured at amortized cost, undiscounted cash flows | 133,400 | 148,900 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 8,500 | 8,400 |
of which: lease liabilities, undiscounted cash flow | 3,800 | 4,000 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 721,200 | 750,200 |
Financial liabilities at fair value held for trading | 29,515 | 31,688 |
Derivative financial instruments | 154,906 | 121,309 |
Brokerage payables designated at fair value, undiscounted cash flows | 45,100 | 44,000 |
Debt issued designated at fair value, undiscounted cash flows | 83,400 | 81,900 |
Other financial liabilities designated at fair value, undiscounted cash flows | 30,600 | 30,500 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 343,500 | 309,400 |
Total financial liabilities, undiscounted cash flows | 1,064,700 | 1,059,600 |
Guarantees, commitments and forward starting transactions | ||
Loan commitments | 40,000 | 39,500 |
Guarantees | 22,400 | 21,200 |
Forward starting transactions, reverse repurchase agreements and securities borrowing agreements | 3,800 | 1,400 |
Total | 66,200 | 62,100 |
Trading portfolio liabilities contractually due within one month | 27,800 | 30,800 |
Trading portfolio liabilities contractually due between one month and one year | 1,700 | 900 |
Trading portfolio liabilities contractually due between 1 and 5 years | 0 | 0 |
Loan commitments and forward starting reverse repurchase agreements classified as derivatives | 46 | 34 |
Notional amounts of derivatives | 34,400 | 36,000 |
Due within 1 month | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 6,300 | 6,700 |
Payables from securities financing transactions, undiscounted cash flows | 3,300 | 3,800 |
Cash collateral payables on derivative instruments, undiscounted cash flows | 36,400 | 31,800 |
Customer deposits, undiscounted cash flows | 463,100 | 530,100 |
Debt issued measured at amortized cost, undiscounted cash flows | 6,800 | 4,000 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 4,700 | 4,500 |
of which: lease liabilities, undiscounted cash flow | 100 | 100 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 520,700 | 580,900 |
Financial liabilities at fair value held for trading | 29,500 | 31,700 |
Derivative financial instruments | 154,900 | 121,300 |
Brokerage payables designated at fair value, undiscounted cash flows | 45,100 | 44,000 |
Debt issued designated at fair value, undiscounted cash flows | 9,400 | 13,800 |
Other financial liabilities designated at fair value, undiscounted cash flows | 27,100 | 28,100 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 266,000 | 239,000 |
Total financial liabilities, undiscounted cash flows | 786,800 | 819,800 |
Guarantees, commitments and forward starting transactions | ||
Loan commitments | 39,300 | 38,300 |
Guarantees | 22,400 | 21,200 |
Forward starting transactions, reverse repurchase agreements and securities borrowing agreements | 3,800 | 1,400 |
Total | 65,400 | 60,900 |
Due between 1 and 3 months | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 2,600 | 2,400 |
Payables from securities financing transactions, undiscounted cash flows | 300 | 300 |
Customer deposits, undiscounted cash flows | 28,500 | 5,200 |
Debt issued measured at amortized cost, undiscounted cash flows | 9,400 | 12,700 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 100 | 100 |
of which: lease liabilities, undiscounted cash flow | 100 | 100 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 40,900 | 20,800 |
Debt issued designated at fair value, undiscounted cash flows | 12,400 | 11,500 |
Other financial liabilities designated at fair value, undiscounted cash flows | 1,400 | 400 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 13,800 | 11,900 |
Total financial liabilities, undiscounted cash flows | 54,700 | 32,700 |
Guarantees, commitments and forward starting transactions | ||
Loan commitments | 300 | 500 |
Total | 300 | 500 |
Due between 3 and 12 months | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 1,900 | 3,500 |
Payables from securities financing transactions, undiscounted cash flows | 400 | 1,600 |
Customer deposits, undiscounted cash flows | 24,500 | 3,300 |
Debt issued measured at amortized cost, undiscounted cash flows | 24,800 | 41,100 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 500 | 500 |
of which: lease liabilities, undiscounted cash flow | 500 | 500 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 52,100 | 49,900 |
Debt issued designated at fair value, undiscounted cash flows | 16,100 | 13,500 |
Other financial liabilities designated at fair value, undiscounted cash flows | 400 | 500 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 16,400 | 14,000 |
Total financial liabilities, undiscounted cash flows | 68,600 | 63,900 |
Guarantees, commitments and forward starting transactions | ||
Loan commitments | 400 | 700 |
Total | 400 | 700 |
Due between 1 and 2 years | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 300 | 0 |
Payables from securities financing transactions, undiscounted cash flows | 300 | 0 |
Customer deposits, undiscounted cash flows | 8,000 | 1,700 |
Debt issued measured at amortized cost, undiscounted cash flows | 14,400 | 16,700 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 500 | 600 |
of which: lease liabilities, undiscounted cash flow | 500 | 600 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 23,600 | 19,000 |
Debt issued designated at fair value, undiscounted cash flows | 19,700 | 18,800 |
Other financial liabilities designated at fair value, undiscounted cash flows | 400 | 200 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 20,000 | 19,000 |
Total financial liabilities, undiscounted cash flows | 43,600 | 38,000 |
Guarantees, commitments and forward starting transactions | ||
Loan commitments | 0 | 0 |
Total | 0 | 0 |
Due between 2 and 5 years | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 600 | 500 |
Customer deposits, undiscounted cash flows | 2,400 | 1,500 |
Debt issued measured at amortized cost, undiscounted cash flows | 37,900 | 36,900 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 1,300 | 1,300 |
of which: lease liabilities, undiscounted cash flow | 1,300 | 1,300 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 42,300 | 40,300 |
Debt issued designated at fair value, undiscounted cash flows | 7,100 | 5,700 |
Other financial liabilities designated at fair value, undiscounted cash flows | 500 | 200 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 7,600 | 5,900 |
Total financial liabilities, undiscounted cash flows | 49,800 | 46,100 |
Guarantees, commitments and forward starting transactions | ||
Total | 0 | |
Due after 5 years | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 0 | |
Customer deposits, undiscounted cash flows | 300 | 400 |
Debt issued measured at amortized cost, undiscounted cash flows | 28,000 | 24,300 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 1,400 | 1,600 |
of which: lease liabilities, undiscounted cash flow | 1,400 | 1,600 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 29,700 | 26,200 |
Debt issued designated at fair value, undiscounted cash flows | 18,800 | 18,500 |
Other financial liabilities designated at fair value, undiscounted cash flows | 800 | 1,100 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 19,600 | 19,600 |
Total financial liabilities, undiscounted cash flows | 49,300 | 45,900 |
Guarantees, commitments and forward starting transactions | ||
Total | 0 | |
Perpetual / Not applicable | ||
Financial liabilities recognized on balance sheet | ||
Debt issued measured at amortized cost, undiscounted cash flows | 11,900 | 13,300 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 11,900 | 13,300 |
Total financial liabilities, undiscounted cash flows | 11,900 | 13,300 |
Guarantees, commitments and forward starting transactions | ||
Total | 0 | |
UBS AG | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 11,700 | 13,100 |
Payables from securities financing transactions, undiscounted cash flows | 4,400 | 5,700 |
Cash collateral payables on derivative instruments, undiscounted cash flows | 36,400 | 31,800 |
Customer deposits, undiscounted cash flows | 529,000 | 545,100 |
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows | 72,300 | 65,300 |
Debt issued measured at amortized cost, undiscounted cash flows | 62,800 | 84,700 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 9,200 | 9,100 |
of which: lease liabilities, undiscounted cash flow | 3,700 | 3,900 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 725,800 | 754,800 |
Financial liabilities at fair value held for trading | 29,515 | 31,688 |
Derivative financial instruments | 154,906 | 121,309 |
Brokerage payables designated at fair value, undiscounted cash flows | 45,100 | 44,000 |
Debt issued designated at fair value, undiscounted cash flows | 76,800 | 75,900 |
Other financial liabilities designated at fair value, undiscounted cash flows | 34,800 | 36,500 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 341,100 | 309,400 |
Total financial liabilities, undiscounted cash flows | 1,066,900 | 1,064,200 |
Guarantees, commitments and forward starting transactions | ||
Loan commitments | 40,000 | 39,500 |
Guarantees | 22,400 | 21,200 |
Forward starting transactions, reverse repurchase agreements and securities borrowing agreements | 3,800 | 1,400 |
Total | 66,200 | 62,100 |
Trading portfolio liabilities contractually due within one month | 27,800 | 30,800 |
Trading portfolio liabilities contractually due between one month and one year | 1,700 | 900 |
Trading portfolio liabilities contractually due between 1 and 5 years | 0 | 0 |
Loan commitments and forward starting reverse repurchase agreements classified as derivatives | 46 | 34 |
Notional amounts of derivatives | 34,400 | 36,000 |
UBS AG | Due within 1 month | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 6,300 | 6,700 |
Payables from securities financing transactions, undiscounted cash flows | 3,300 | 3,800 |
Cash collateral payables on derivative instruments, undiscounted cash flows | 36,400 | 31,800 |
Customer deposits, undiscounted cash flows | 464,600 | 531,000 |
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows | 2,200 | 200 |
Debt issued measured at amortized cost, undiscounted cash flows | 4,600 | 3,800 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 5,600 | 5,300 |
of which: lease liabilities, undiscounted cash flow | 100 | 100 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 523,100 | 582,600 |
Financial liabilities at fair value held for trading | 29,500 | 31,700 |
Derivative financial instruments | 154,900 | 121,300 |
Brokerage payables designated at fair value, undiscounted cash flows | 45,100 | 44,000 |
Debt issued designated at fair value, undiscounted cash flows | 9,400 | 13,800 |
Other financial liabilities designated at fair value, undiscounted cash flows | 27,100 | 28,100 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 266,000 | 239,000 |
Total financial liabilities, undiscounted cash flows | 789,200 | 821,600 |
Guarantees, commitments and forward starting transactions | ||
Loan commitments | 39,300 | 38,300 |
Guarantees | 22,400 | 21,200 |
Forward starting transactions, reverse repurchase agreements and securities borrowing agreements | 3,800 | 1,400 |
Total | 65,400 | 60,900 |
UBS AG | Due between 1 and 3 months | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 2,600 | 2,400 |
Payables from securities financing transactions, undiscounted cash flows | 300 | 300 |
Customer deposits, undiscounted cash flows | 28,800 | 6,600 |
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows | 600 | 3,300 |
Debt issued measured at amortized cost, undiscounted cash flows | 8,900 | 9,400 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 100 | 100 |
of which: lease liabilities, undiscounted cash flow | 100 | 100 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 41,200 | 22,100 |
Debt issued designated at fair value, undiscounted cash flows | 12,400 | 11,500 |
Other financial liabilities designated at fair value, undiscounted cash flows | 1,400 | 400 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 13,800 | 11,900 |
Total financial liabilities, undiscounted cash flows | 55,000 | 34,000 |
Guarantees, commitments and forward starting transactions | ||
Loan commitments | 300 | 500 |
Total | 300 | 500 |
UBS AG | Due between 3 and 12 months | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 1,900 | 3,500 |
Payables from securities financing transactions, undiscounted cash flows | 400 | 1,600 |
Customer deposits, undiscounted cash flows | 24,500 | 3,300 |
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows | 1,200 | 2,300 |
Debt issued measured at amortized cost, undiscounted cash flows | 23,700 | 38,800 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 400 | 400 |
of which: lease liabilities, undiscounted cash flow | 400 | 400 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 52,200 | 49,900 |
Debt issued designated at fair value, undiscounted cash flows | 16,000 | 13,500 |
Other financial liabilities designated at fair value, undiscounted cash flows | 400 | 500 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 16,400 | 14,000 |
Total financial liabilities, undiscounted cash flows | 68,600 | 63,900 |
Guarantees, commitments and forward starting transactions | ||
Loan commitments | 400 | 700 |
Total | 400 | 700 |
UBS AG | Due between 1 and 2 years | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 300 | 0 |
Payables from securities financing transactions, undiscounted cash flows | 300 | 0 |
Customer deposits, undiscounted cash flows | 8,200 | 2,000 |
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows | 6,800 | 7,800 |
Debt issued measured at amortized cost, undiscounted cash flows | 7,800 | 9,000 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 500 | 600 |
of which: lease liabilities, undiscounted cash flow | 500 | 600 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 24,000 | 19,400 |
Debt issued designated at fair value, undiscounted cash flows | 19,700 | 18,800 |
Other financial liabilities designated at fair value, undiscounted cash flows | 400 | 200 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 20,000 | 19,000 |
Total financial liabilities, undiscounted cash flows | 44,000 | 38,400 |
Guarantees, commitments and forward starting transactions | ||
Loan commitments | 0 | 0 |
Total | 0 | 0 |
UBS AG | Due between 2 and 5 years | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 600 | 500 |
Customer deposits, undiscounted cash flows | 2,600 | 1,900 |
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows | 27,600 | 21,100 |
Debt issued measured at amortized cost, undiscounted cash flows | 10,800 | 16,100 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 1,200 | 1,200 |
of which: lease liabilities, undiscounted cash flow | 1,200 | 1,200 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 42,800 | 40,800 |
Debt issued designated at fair value, undiscounted cash flows | 7,100 | 5,600 |
Other financial liabilities designated at fair value, undiscounted cash flows | 500 | 200 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 7,500 | 5,800 |
Total financial liabilities, undiscounted cash flows | 50,300 | 46,600 |
UBS AG | Due after 5 years | ||
Financial liabilities recognized on balance sheet | ||
Amounts due to banks, undiscounted cash flows | 0 | |
Payables from securities financing transactions, undiscounted cash flows | 0 | |
Customer deposits, undiscounted cash flows | 300 | 400 |
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows | 21,200 | 16,900 |
Debt issued measured at amortized cost, undiscounted cash flows | 6,900 | 7,600 |
Other financial liabilities measured at amortized cost, undiscounted cash flows | 1,300 | 1,500 |
of which: lease liabilities, undiscounted cash flow | 1,300 | 1,500 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 29,800 | 26,400 |
Debt issued designated at fair value, undiscounted cash flows | 12,300 | 12,500 |
Other financial liabilities designated at fair value, undiscounted cash flows | 5,000 | 7,100 |
Total financial liabilities measured at fair value through profit or loss, undiscounted cash flows | 17,300 | 19,600 |
Total financial liabilities, undiscounted cash flows | 47,100 | 45,900 |
UBS AG | Perpetual / Not applicable | ||
Financial liabilities recognized on balance sheet | ||
Funding from UBS Group AG and its subsidiaries, undiscounted cash flows | 12,700 | 13,700 |
Total financial liabilities measured at amortized cost, undiscounted cash flows | 12,700 | 13,700 |
Total financial liabilities, undiscounted cash flows | $ 12,700 | $ 13,700 |
Interest rate benchmark refor_2
Interest rate benchmark reform (Narrative) (Detail) - USD ($) $ in Billions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
US mortgages linked to USD LIBOR | $ 9 | $ 11 |
JPY and USD benchmark bonds resettable to LIBOR | 3 | |
UBS AG [Member] | ||
Entity [Table] | ||
US mortgages linked to USD LIBOR | 9 | $ 11 |
Funding from UBS Group AG in JPY and USD resettable to LIBOR | $ 3 |
Interest rate benchmark refor_3
Interest rate benchmark reform (Detail) $ in Millions | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) |
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total off-balance sheet irrevocable loan commitments | $ 40,000 | $ 39,500 |
Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
USD LIBOR securities-based lending | 37,000 | |
USD LIBOR securities-based brokerage accounts | 5,000 | |
Carrying value of loans related to revolving multi-currency credit lines where IBOR transition efforts are complete, except for USD LIBOR | $ 1,000 | $ 1,000 |
Trade count of derivative financial instruments, cross currency derivatives | 5,000 | |
Trade count of derivative financial instruments, cross currency derivatives which have a non-USD LIBOR leg, in addition to a USD LIBOR leg | 500 | |
Number Of Contracts With Last USD LIBOR Fixing Before Contractual Maturity Date | 2,000 | 1,000 |
Multicurrency loan commitments that have only USD LIBOR exposure remaining | $ 3,000 | $ 3,000 |
Multicurrency loan commitments with non-USD LIBOR optionality | 2,000 | |
LIBOR benchmark rate CHF | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total carrying value of non-derivative financial assets | 21,616 | |
Total carrying value of non-derivative financial liabilities | $ 27 | |
Trade count of derivative financial instruments | 829 | |
Total off-balance sheet irrevocable loan commitments | $ 0 | |
LIBOR benchmark rate USD | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total carrying value of non-derivative financial assets | 14,269 | 65,234 |
Total carrying value of non-derivative financial liabilities | $ 1,138 | $ 1,985 |
Trade count of derivative financial instruments | 32,006 | 40,500 |
Total off-balance sheet irrevocable loan commitments | $ 4,606 | $ 11,863 |
LIBOR benchmark rate GBP | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total carrying value of non-derivative financial assets | 45 | |
Total carrying value of non-derivative financial liabilities | $ 3 | |
Trade count of derivative financial instruments | 183 | |
Total off-balance sheet irrevocable loan commitments | $ 0 | |
LIBOR benchmark rate EUR | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total carrying value of non-derivative financial assets | 1 | |
Total carrying value of non-derivative financial liabilities | $ 5 | |
Trade count of derivative financial instruments | 3,744 | |
Total off-balance sheet irrevocable loan commitments | $ 0 | |
LIBOR benchmark rate JPY | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total carrying value of non-derivative financial assets | 0 | |
Total carrying value of non-derivative financial liabilities | $ 0 | |
Trade count of derivative financial instruments | 184 | |
Total off-balance sheet irrevocable loan commitments | $ 0 | |
UBS AG | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total off-balance sheet irrevocable loan commitments | 40,000 | 39,500 |
UBS AG | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
USD LIBOR securities-based lending | 37,000 | |
USD LIBOR securities-based brokerage accounts | 5,000 | |
Carrying value of loans related to revolving multi-currency credit lines where IBOR transition efforts are complete, except for USD LIBOR | $ 1,000 | $ 1,000 |
Trade count of derivative financial instruments, cross currency derivatives | 5,000 | |
Trade count of derivative financial instruments, cross currency derivatives which have a non-USD LIBOR leg, in addition to a USD LIBOR leg | 500 | |
Number Of Contracts With Last USD LIBOR Fixing Before Contractual Maturity Date | 2,000 | 1,000 |
Multicurrency loan commitments that have only USD LIBOR exposure remaining | $ 3,000 | $ 3,000 |
Multicurrency loan commitments with non-USD LIBOR optionality | 2,000 | |
UBS AG | LIBOR benchmark rate CHF | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total carrying value of non-derivative financial assets | 21,616 | |
Total carrying value of non-derivative financial liabilities | $ 27 | |
Trade count of derivative financial instruments | 829 | |
Total off-balance sheet irrevocable loan commitments | $ 0 | |
UBS AG | LIBOR benchmark rate USD | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total carrying value of non-derivative financial assets | 14,269 | 65,234 |
Total carrying value of non-derivative financial liabilities | $ 1,138 | $ 1,985 |
Trade count of derivative financial instruments | 32,006 | 40,500 |
Total off-balance sheet irrevocable loan commitments | $ 4,606 | $ 11,863 |
UBS AG | LIBOR benchmark rate GBP | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total carrying value of non-derivative financial assets | 45 | |
Total carrying value of non-derivative financial liabilities | $ 3 | |
Trade count of derivative financial instruments | 183 | |
Total off-balance sheet irrevocable loan commitments | $ 0 | |
UBS AG | LIBOR benchmark rate EUR | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total carrying value of non-derivative financial assets | 1 | |
Total carrying value of non-derivative financial liabilities | $ 5 | |
Trade count of derivative financial instruments | 3,744 | |
Total off-balance sheet irrevocable loan commitments | $ 0 | |
UBS AG | LIBOR benchmark rate JPY | Interest rate benchmark reform | ||
Maximum Exposure Of Financial Instruments To Interest Rate Benchmark Reform [Table] | ||
Total carrying value of non-derivative financial assets | 0 | |
Total carrying value of non-derivative financial liabilities | $ 0 | |
Trade count of derivative financial instruments | 184 | |
Total off-balance sheet irrevocable loan commitments | $ 0 |
Hedge accounting (Detail 1)
Hedge accounting (Detail 1) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Fair value hedges | Interest rate | ||
Disclosure Of Fair Value Hedge Accounting [Table] | ||
Notional amount | $ 92,415 | $ 89,525 |
Derivative financial assets | 0 | 0 |
Derivative financial liabilities | 0 | 7 |
Changes in fair value of hedging instruments | (5,195) | (1,604) |
Changes in fair value of hedged items | 5,169 | 1,602 |
Hedge ineffectiveness recognized the income statement | (27) | (2) |
Fair value hedges | Currency Risk [Member] | ||
Disclosure Of Fair Value Hedge Accounting [Table] | ||
Notional amount | 20,566 | 27,875 |
Derivative financial assets | 845 | 87 |
Derivative financial liabilities | 3 | 261 |
Changes in fair value of hedging instruments | (1,088) | (2,139) |
Changes in fair value of hedged items | 1,105 | 2,181 |
Hedge ineffectiveness recognized the income statement | 18 | 42 |
Cash flow hedges | Interest rate | ||
Disclosure Of Fair Value Hedge Accounting [Table] | ||
Notional amount | 75,304 | 79,573 |
Derivative financial assets | 2 | 12 |
Derivative financial liabilities | 5 | 1 |
Changes in fair value of hedging instruments | (5,813) | (1,185) |
Changes in fair value of hedged items | 5,760 | 990 |
Hedge ineffectiveness recognized the income statement | (53) | (196) |
Hedges of net investments in foreign operations | Currency Risk [Member] | ||
Disclosure Of Fair Value Hedge Accounting [Table] | ||
Notional amount | 14,009 | 13,939 |
Derivative financial assets | 7 | 23 |
Derivative financial liabilities | 529 | 105 |
Changes in fair value of hedging instruments | 336 | 497 |
Changes in fair value of hedged items | (337) | (497) |
Hedge ineffectiveness recognized the income statement | (1) | 0 |
UBS AG | Fair value hedges | Interest rate | ||
Disclosure Of Fair Value Hedge Accounting [Table] | ||
Notional amount | 92,415 | 89,525 |
Derivative financial assets | 0 | 0 |
Derivative financial liabilities | 0 | 7 |
Changes in fair value of hedging instruments | (5,195) | (1,604) |
Changes in fair value of hedged items | 5,169 | 1,602 |
Hedge ineffectiveness recognized the income statement | (27) | (2) |
UBS AG | Fair value hedges | Currency Risk [Member] | ||
Disclosure Of Fair Value Hedge Accounting [Table] | ||
Notional amount | 20,566 | 27,875 |
Derivative financial assets | 845 | 87 |
Derivative financial liabilities | 3 | 261 |
Changes in fair value of hedging instruments | (1,088) | (2,139) |
Changes in fair value of hedged items | 1,105 | 2,181 |
Hedge ineffectiveness recognized the income statement | 18 | 42 |
UBS AG | Cash flow hedges | Interest rate | ||
Disclosure Of Fair Value Hedge Accounting [Table] | ||
Notional amount | 75,304 | 79,573 |
Derivative financial assets | 2 | 12 |
Derivative financial liabilities | 5 | 1 |
Changes in fair value of hedging instruments | (5,813) | (1,185) |
Changes in fair value of hedged items | 5,760 | 990 |
Hedge ineffectiveness recognized the income statement | (53) | (196) |
UBS AG | Hedges of net investments in foreign operations | Currency Risk [Member] | ||
Disclosure Of Fair Value Hedge Accounting [Table] | ||
Notional amount | 13,844 | 13,761 |
Derivative financial assets | 7 | 23 |
Derivative financial liabilities | 528 | 103 |
Changes in fair value of hedging instruments | 318 | 492 |
Changes in fair value of hedged items | (319) | (491) |
Hedge ineffectiveness recognized the income statement | $ (1) | $ 0 |
Hedge accounting (Detail 2)
Hedge accounting (Detail 2) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Interest rate | ||
Hedged items: Debt issued measured at amortized cost | ||
Carrying amount of designated debt | $ 68,529 | $ 74,700 |
of which: accumulated amount of fair value hedge adjustment | (6,057) | 478 |
Hedged items: Other financial assets measured at amortized cost - debt securities | ||
Carrying amount of designated debt securities | 4,577 | 2,677 |
of which: accumulated amount of fair value hedge adjustment | (180) | (7) |
Hedged Items: Loans and advances to customers | ||
Carrying amount of designated loans | 14,270 | 13,835 |
of which: accumulated amount of fair value hedge adjustment | (1,249) | (109) |
of which: accumulated amount of fair value hedge adjustment, subject to amortization attributable to the portion of the portfolio that ceased to be part of hedge accounting | (51) | 3 |
Currency Risk [Member] | ||
Hedged items: Debt issued measured at amortized cost | ||
Carrying amount of designated debt | 20,566 | 27,875 |
UBS AG | Interest rate | ||
Hedged items: Debt issued measured at amortized cost | ||
Carrying amount of designated debt | 11,279 | 21,653 |
of which: accumulated amount of fair value hedge adjustment | (1,002) | 261 |
Hedged items: Other financial assets measured at amortized cost - debt securities | ||
Carrying amount of designated debt securities | 4,577 | 2,677 |
of which: accumulated amount of fair value hedge adjustment | (180) | (7) |
Hedged Items: Loans and advances to customers | ||
Carrying amount of designated loans | 14,270 | 13,835 |
of which: accumulated amount of fair value hedge adjustment | (1,249) | (109) |
of which: accumulated amount of fair value hedge adjustment, subject to amortization attributable to the portion of the portfolio that ceased to be part of hedge accounting | (51) | 3 |
Hedged items: funding from UBS Group AG and its subsidiaries | ||
Carrying amount | 57,250 | 53,047 |
of which: accumulated amount of fair value hedge adjustment | (5,055) | 218 |
UBS AG | Currency Risk [Member] | ||
Hedged items: Debt issued measured at amortized cost | ||
Carrying amount of designated debt | 5,737 | 11,392 |
Hedged items: funding from UBS Group AG and its subsidiaries | ||
Carrying amount | $ 14,828 | $ 16,483 |
Hedge accounting (Detail 3)
Hedge accounting (Detail 3) - USD ($) $ in Billions | Dec. 31, 2022 | Dec. 31, 2021 |
Interest rate swaps | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | $ 92 | $ 90 |
Interest rate swaps | Due within 1 month | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 0 | 0 |
Interest rate swaps | Due between 1 and 3 months | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 4 | 8 |
Interest rate swaps | Due between 3 and 12 months | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 10 | 10 |
Interest rate swaps | Due between 1 and 5 years | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 53 | 49 |
Interest rate swaps | Due after 5 years | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 26 | 22 |
Cross-currency swaps | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 21 | 28 |
Cross-currency swaps | Due within 1 month | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 0 | 1 |
Cross-currency swaps | Due between 1 and 3 months | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 1 | 1 |
Cross-currency swaps | Due between 3 and 12 months | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 2 | 6 |
Cross-currency swaps | Due between 1 and 5 years | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 12 | 13 |
Cross-currency swaps | Due after 5 years | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 5 | 6 |
UBS AG | Interest rate swaps | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 92 | 90 |
UBS AG | Interest rate swaps | Due within 1 month | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 0 | 0 |
UBS AG | Interest rate swaps | Due between 1 and 3 months | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 4 | 8 |
UBS AG | Interest rate swaps | Due between 3 and 12 months | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 10 | 10 |
UBS AG | Interest rate swaps | Due between 1 and 5 years | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 53 | 49 |
UBS AG | Interest rate swaps | Due after 5 years | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 26 | 22 |
UBS AG | Cross-currency swaps | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 21 | 28 |
UBS AG | Cross-currency swaps | Due within 1 month | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 0 | 1 |
UBS AG | Cross-currency swaps | Due between 1 and 3 months | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 1 | 1 |
UBS AG | Cross-currency swaps | Due between 3 and 12 months | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 2 | 6 |
UBS AG | Cross-currency swaps | Due between 1 and 5 years | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | 12 | 13 |
UBS AG | Cross-currency swaps | Due after 5 years | ||
Profile Of The Timing Of The Nominal Amount Of The Hedging Instrument [Table] | ||
Hedging instruments | $ 5 | $ 6 |
Hedge accounting (Detail 4)
Hedge accounting (Detail 4) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Cash flow hedge reserve amounts related to hedge relationships for which hedge accounting continues to be applied | $ (4,692) | $ 26 |
Cash flow hedge reserve amounts related to hedge relationships for which hedge accounting is no longer applied | (540) | 743 |
Total Other comprehensive income recognized directly in equity related to cash flow hedges, on a pre-tax basis | (5,232) | 769 |
UBS AG | ||
Entity [Table] | ||
Cash flow hedge reserve amounts related to hedge relationships for which hedge accounting continues to be applied | (4,692) | 26 |
Cash flow hedge reserve amounts related to hedge relationships for which hedge accounting is no longer applied | (540) | 743 |
Total Other comprehensive income recognized directly in equity related to cash flow hedges, on a pre-tax basis | $ (5,232) | $ 769 |
Hedge accounting (Detail 5)
Hedge accounting (Detail 5) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Entity [Table] | ||
Foreign currency translation reserve amounts related to hedge relationships for which hedge accounting continues to be applied | $ 284 | $ (45) |
Foreign currency translation reserve amounts related to hedge relationships for which hedge accounting is no longer applied | 266 | 262 |
Total other comprehensive income recognized directly in equity related to hedging instruments in net investment hedges, on a pre-tax basis | 550 | 217 |
UBS AG | ||
Entity [Table] | ||
Foreign currency translation reserve amounts related to hedge relationships for which hedge accounting continues to be applied | 250 | (61) |
Foreign currency translation reserve amounts related to hedge relationships for which hedge accounting is no longer applied | 266 | 262 |
Total other comprehensive income recognized directly in equity related to hedging instruments in net investment hedges, on a pre-tax basis | $ 515 | $ 201 |
Hedge accounting (Detail 6)
Hedge accounting (Detail 6) - Interest rate - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Fair value hedges | ||
Nominal And Carrying Amount Of Cash Flow Hedges Of Forecast Transactions [Table] | ||
Derivative financial assets | $ 0 | $ 0 |
Derivative financial liabilities | 0 | 7 |
Fair value hedges | Interest rate benchmark reform exceptions effect on cash flow hedges | ||
Nominal And Carrying Amount Of Cash Flow Hedges Of Forecast Transactions [Table] | ||
Nominal amount | 20,383 | 23,367 |
Derivative financial assets | 0 | 0 |
Derivative financial liabilities | 0 | 0 |
Cash flow hedges | ||
Nominal And Carrying Amount Of Cash Flow Hedges Of Forecast Transactions [Table] | ||
Derivative financial assets | 2 | 12 |
Derivative financial liabilities | 5 | 1 |
Cash flow hedges | Interest rate benchmark reform exceptions effect on cash flow hedges | ||
Nominal And Carrying Amount Of Cash Flow Hedges Of Forecast Transactions [Table] | ||
Nominal amount | 2,179 | 10,803 |
Derivative financial assets | 0 | 0 |
Derivative financial liabilities | 0 | 0 |
UBS AG | Fair value hedges | ||
Nominal And Carrying Amount Of Cash Flow Hedges Of Forecast Transactions [Table] | ||
Derivative financial assets | 0 | 0 |
Derivative financial liabilities | 0 | 7 |
UBS AG | Fair value hedges | Interest rate benchmark reform exceptions effect on cash flow hedges | ||
Nominal And Carrying Amount Of Cash Flow Hedges Of Forecast Transactions [Table] | ||
Nominal amount | 20,383 | 23,367 |
Derivative financial assets | 0 | 0 |
Derivative financial liabilities | 0 | 0 |
UBS AG | Cash flow hedges | ||
Nominal And Carrying Amount Of Cash Flow Hedges Of Forecast Transactions [Table] | ||
Derivative financial assets | 2 | 12 |
Derivative financial liabilities | 5 | 1 |
UBS AG | Cash flow hedges | Interest rate benchmark reform exceptions effect on cash flow hedges | ||
Nominal And Carrying Amount Of Cash Flow Hedges Of Forecast Transactions [Table] | ||
Nominal amount | 2,179 | 10,803 |
Derivative financial assets | 0 | 0 |
Derivative financial liabilities | $ 0 | $ 0 |
Post-employment benefit plans_2
Post-employment benefit plans (Narrative) (Detail) SFr in Millions, $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 CHF (SFr) yr | Dec. 31, 2022 USD ($) yr | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) | |
Disclosure Of Defined Benefit Plans [Table] | ||||
Total employer contributions to defined contribution plans | $ 357 | $ 363 | $ 343 | |
Major plans | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Surplus / (deficit) | $ 7,834 | $ 6,358 | ||
Swiss pension plan | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Normal retirement age | yr | 65 | 65 | ||
Minimum age required to draw early retirement benefits | yr | 58 | 58 | ||
Maximum retirement age starting 2019 | yr | 70 | 70 | ||
Maximum period to restore full funding in case an underfunded situation occurs | 10 years | 10 years | ||
Maximum obligation from the employer on the additional contributions required if a Swiss pension plan were to become significantly underfunded | 50% | 50% | ||
Technical funding ratio | 119% | 119% | 134.80% | |
Surplus / (deficit) | $ 7,848 | $ 6,577 | ||
Additional employer contributions paid to employees retirement assets | 209 | 254 | 235 | |
Swiss pension plan | 2022 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Regular employer contributions expected for the next year | 480 | |||
Swiss pension plan | 2020-2022 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Additional employer contributions paid to employees retirement assets | SFr 646 | $ 698 | ||
Swiss pension plan | Maximum | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Employer contributions on contributory base salary (as a percent) | 27.50% | 27.50% | ||
Employer contributions on contributory variable compensation (as a percent) | 9% | 9% | ||
Employee contributions on contributory base salary (as a percent) | 13.50% | 13.50% | ||
Employee contributions on contributory variable compensation (as a percent) | 9% | 9% | ||
Swiss pension plan | Minimum | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Employer contributions on contributory base salary (as a percent) | 6.50% | 6.50% | ||
Employer contributions on contributory variable compensation (as a percent) | 2.80% | 2.80% | ||
Employee contributions on contributory base salary (as a percent) | 2.50% | 2.50% | ||
Employee contributions on contributory variable compensation (as a percent) | 0% | 0% | ||
UK pension plan | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Normal retirement age | yr | 60 | 60 | ||
Surplus / (deficit) | $ 321 | 192 | ||
Employer contributions | 5 | |||
Longevity swap value | (1) | (3) | ||
Collateral pool established for pension fund | 292 | 337 | ||
UK pension plan | 2022 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Employer contributions | 18 | |||
US and German pension plans | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Surplus / (deficit) | $ (335) | (411) | ||
US Pension Plans [Member] | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Normal retirement age | yr | 65 | 65 | ||
US Pension Plans [Member] | 2022 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Employer contributions | $ 11 | |||
German pension plans | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Normal retirement age | yr | 65 | 65 | ||
German pension plans | 2022 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Employer contributions | $ 12 | |||
German pension plans - Larger | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Interest rate | 5% | 5% | ||
German pension plans - Smaller | before 2010 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Interest rate | 6% | 6% | ||
German pension plans - Smaller | 2010-2017 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Interest rate | 4% | 4% | ||
German pension plans - Smaller | time after 2017 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Interest rate | 0.90% | 0.90% | ||
German pension plans - New funded plan | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Interest rate | 0% | 0% | ||
UBS AG | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Total employer contributions to defined contribution plans | $ 299 | 303 | 291 | |
UBS AG | Major plans | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Surplus / (deficit) | $ 4,404 | $ 3,497 | ||
UBS AG | Swiss pension plan | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Normal retirement age | yr | 65 | 65 | ||
Minimum age required to draw early retirement benefits | yr | 58 | 58 | ||
Maximum retirement age starting 2019 | yr | 70 | 70 | ||
Maximum period to restore full funding in case an underfunded situation occurs | 10 years | 10 years | ||
Maximum obligation from the employer on the additional contributions required if a Swiss pension plan were to become significantly underfunded | 50% | 50% | ||
Technical funding ratio | 119% | 119% | 134.80% | |
Surplus / (deficit) | $ 4,418 | $ 3,716 | ||
Additional employer contributions paid to employees retirement assets | 126 | 152 | $ 143 | |
UBS AG | Swiss pension plan | 2022 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Regular employer contributions expected for the next year | 275 | |||
UBS AG | Swiss pension plan | 2020-2022 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Additional employer contributions paid to employees retirement assets | SFr 390 | $ 421 | ||
UBS AG | Swiss pension plan | Maximum | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Employer contributions on contributory base salary (as a percent) | 27.50% | 27.50% | ||
Employer contributions on contributory variable compensation (as a percent) | 9% | 9% | ||
Employee contributions on contributory base salary (as a percent) | 13.50% | 13.50% | ||
Employee contributions on contributory variable compensation (as a percent) | 9% | 9% | ||
UBS AG | Swiss pension plan | Minimum | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Employer contributions on contributory base salary (as a percent) | 6.50% | 6.50% | ||
Employer contributions on contributory variable compensation (as a percent) | 2.80% | 2.80% | ||
Employee contributions on contributory base salary (as a percent) | 2.50% | 2.50% | ||
Employee contributions on contributory variable compensation (as a percent) | 0% | 0% | ||
UBS AG | UK pension plan | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Normal retirement age | yr | 60 | 60 | ||
Surplus / (deficit) | $ 321 | 192 | ||
Employer contributions | 5 | |||
Longevity swap value | (1) | (3) | ||
Collateral pool established for pension fund | 292 | 337 | ||
UBS AG | UK pension plan | 2022 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Employer contributions | 18 | |||
UBS AG | US and German pension plans | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Surplus / (deficit) | $ (335) | $ (411) | ||
UBS AG | US Pension Plans [Member] | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Normal retirement age | yr | 65 | 65 | ||
UBS AG | US Pension Plans [Member] | 2022 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Employer contributions | $ 11 | |||
UBS AG | German pension plans | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Normal retirement age | yr | 65 | 65 | ||
UBS AG | German pension plans | 2022 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Employer contributions | $ 12 | |||
UBS AG | German pension plans - Larger | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Interest rate | 5% | 5% | ||
UBS AG | German pension plans - Smaller | before 2010 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Interest rate | 6% | 6% | ||
UBS AG | German pension plans - Smaller | 2010-2017 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Interest rate | 4% | 4% | ||
UBS AG | German pension plans - Smaller | time after 2017 | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Interest rate | 0.90% | 0.90% | ||
UBS AG | German pension plans - New funded plan | ||||
Disclosure Of Defined Benefit Plans [Table] | ||||
Interest rate | 0% | 0% |
Defined benefit plans (Detail 4
Defined benefit plans (Detail 4.1) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | $ (331) | |
At the end of the year | (114) | $ (331) |
Major plans | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | (219) | |
Remeasurement of defined benefit obligation | 5,891 | (846) |
Past service cost related to plan amendments | 0 | (4) |
Return on plan assets excluding interest income | (4,782) | 2,639 |
Asset ceiling effect excluding interest expense and foreign currency translation | (1,189) | (1,821) |
At the end of the year | (14) | (219) |
Major plans | Defined benefit obligation | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 33,242 | 33,795 |
Current service cost | 420 | 500 |
Interest expense | 446 | 147 |
Plan participant contributions | 257 | 266 |
Remeasurement of defined benefit obligation | (5,891) | 846 |
of which: actuarial (gains) / losses due to changes in demographic assumptions | (2) | 69 |
of which: actuarial (gains) / losses due to changes in financial assumptions | (6,520) | (759) |
of which: experience (gains) / losses | 631 | 1,535 |
Past service cost related to plan amendments | 0 | 4 |
Curtailments | (20) | (80) |
Benefit payments | (1,687) | (1,357) |
Other movements | (5) | 1 |
Foreign currency translation | (949) | (880) |
At the end of the year | 25,813 | 33,242 |
Major plans | Fair value of plan assets | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 39,601 | 38,100 |
Plan participant contributions | 257 | 266 |
Benefit payments | (1,687) | (1,357) |
Other movements | (2) | 1 |
Return on plan assets excluding interest income | (4,782) | 2,639 |
Interest income | 586 | 159 |
Employer contributions | 706 | 779 |
Administration expenses, taxes and premiums paid | (16) | (17) |
Foreign currency translation | (1,017) | (969) |
At the end of the year | 33,646 | 39,601 |
Major plans | Asset ceiling effect | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 6,577 | 4,862 |
Interest expense on asset ceiling effect | 135 | 15 |
Asset ceiling effect excluding interest expense and foreign currency translation | 1,189 | 1,821 |
Foreign currency translation | (54) | (121) |
At the end of the year | 7,848 | 6,577 |
Swiss pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 0 | |
Remeasurement of defined benefit obligation | 4,151 | (837) |
Past service cost related to plan amendments | 0 | 0 |
Return on plan assets excluding interest income | (3,248) | 2,322 |
Asset ceiling effect excluding interest expense and foreign currency translation | (1,189) | (1,821) |
At the end of the year | 0 | 0 |
Swiss pension plan | Defined benefit obligation | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 27,398 | 27,728 |
Current service cost | 416 | 494 |
Interest expense | 344 | 58 |
Plan participant contributions | 257 | 266 |
Remeasurement of defined benefit obligation | (4,151) | 837 |
of which: actuarial (gains) / losses due to changes in demographic assumptions | 3 | 51 |
of which: actuarial (gains) / losses due to changes in financial assumptions | (4,666) | (678) |
of which: experience (gains) / losses | 512 | 1,464 |
Past service cost related to plan amendments | 0 | 0 |
Curtailments | (20) | (80) |
Benefit payments | (1,454) | (1,097) |
Other movements | (5) | 0 |
Foreign currency translation | (513) | (809) |
At the end of the year | 22,272 | 27,398 |
Swiss pension plan | Fair value of plan assets | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 33,975 | 32,590 |
Plan participant contributions | 257 | 266 |
Benefit payments | (1,454) | (1,097) |
Other movements | (2) | 0 |
Return on plan assets excluding interest income | (3,248) | 2,322 |
Interest income | 485 | 74 |
Employer contributions | 685 | 763 |
Administration expenses, taxes and premiums paid | (12) | (13) |
Foreign currency translation | (567) | (930) |
At the end of the year | 30,119 | 33,975 |
Swiss pension plan | Asset ceiling effect | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 6,577 | 4,862 |
Interest expense on asset ceiling effect | 135 | 15 |
Asset ceiling effect excluding interest expense and foreign currency translation | 1,189 | 1,821 |
Foreign currency translation | (54) | (121) |
At the end of the year | 7,848 | 6,577 |
UK pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 192 | |
Remeasurement of defined benefit obligation | 1,474 | (71) |
Past service cost related to plan amendments | 0 | 0 |
Return on plan assets excluding interest income | (1,312) | 277 |
Employer contributions | 5 | |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
At the end of the year | 321 | 192 |
UK pension plan | Defined benefit obligation | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 4,105 | 4,162 |
Current service cost | 0 | 0 |
Interest expense | 67 | 58 |
Plan participant contributions | 0 | 0 |
Remeasurement of defined benefit obligation | (1,474) | 71 |
of which: actuarial (gains) / losses due to changes in demographic assumptions | (6) | 14 |
of which: actuarial (gains) / losses due to changes in financial assumptions | (1,575) | (3) |
of which: experience (gains) / losses | 107 | 59 |
Past service cost related to plan amendments | 0 | 0 |
Curtailments | 0 | 0 |
Benefit payments | (123) | (148) |
Other movements | 0 | 0 |
Foreign currency translation | (408) | (38) |
At the end of the year | 2,166 | 4,105 |
UK pension plan | Fair value of plan assets | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 4,297 | 4,149 |
Plan participant contributions | 0 | 0 |
Benefit payments | (123) | (148) |
Other movements | 0 | 0 |
Return on plan assets excluding interest income | (1,312) | 277 |
Interest income | 70 | 58 |
Employer contributions | 5 | 0 |
Administration expenses, taxes and premiums paid | 0 | 0 |
Foreign currency translation | (450) | (39) |
At the end of the year | 2,488 | 4,297 |
UK pension plan | Asset ceiling effect | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 0 | 0 |
Interest expense on asset ceiling effect | 0 | 0 |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
Foreign currency translation | 0 | 0 |
At the end of the year | 0 | 0 |
US and German pension plans | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | (411) | |
Remeasurement of defined benefit obligation | 267 | 62 |
Past service cost related to plan amendments | 0 | (4) |
Return on plan assets excluding interest income | (223) | 40 |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
At the end of the year | (335) | (411) |
US and German pension plans | Defined benefit obligation | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 1,740 | 1,905 |
Current service cost | 5 | 6 |
Interest expense | 35 | 30 |
Plan participant contributions | 0 | 0 |
Remeasurement of defined benefit obligation | (267) | (62) |
of which: actuarial (gains) / losses due to changes in demographic assumptions | 1 | 4 |
of which: actuarial (gains) / losses due to changes in financial assumptions | (279) | (78) |
of which: experience (gains) / losses | 11 | 12 |
Past service cost related to plan amendments | 0 | 4 |
Curtailments | 0 | 0 |
Benefit payments | (111) | (112) |
Other movements | 0 | 1 |
Foreign currency translation | (28) | (33) |
At the end of the year | 1,375 | 1,740 |
US and German pension plans | Fair value of plan assets | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 1,329 | 1,360 |
Plan participant contributions | 0 | 0 |
Benefit payments | (111) | (112) |
Other movements | 0 | 1 |
Return on plan assets excluding interest income | (223) | 40 |
Interest income | 31 | 26 |
Employer contributions | 16 | 16 |
Administration expenses, taxes and premiums paid | (3) | (4) |
Foreign currency translation | 0 | 0 |
At the end of the year | 1,039 | 1,329 |
US and German pension plans | Asset ceiling effect | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 0 | 0 |
Interest expense on asset ceiling effect | 0 | 0 |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
Foreign currency translation | 0 | 0 |
At the end of the year | 0 | 0 |
Remaining plans | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | (112) | |
At the end of the year | (100) | (112) |
UBS AG | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | (315) | |
At the end of the year | (94) | (315) |
UBS AG | Major plans | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | (219) | |
Remeasurement of defined benefit obligation | 4,165 | (498) |
Past service cost related to plan amendments | 0 | (4) |
Return on plan assets excluding interest income | (3,476) | 1,637 |
Asset ceiling effect excluding interest expense and foreign currency translation | (656) | (1,037) |
At the end of the year | (14) | (219) |
UBS AG | Major plans | Defined benefit obligation | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 21,324 | 21,686 |
Current service cost | 244 | 291 |
Interest expense | 297 | 122 |
Plan participant contributions | 154 | 161 |
Remeasurement of defined benefit obligation | (4,165) | 498 |
of which: actuarial (gains) / losses due to changes in demographic assumptions | (3) | 45 |
of which: actuarial (gains) / losses due to changes in financial assumptions | (4,506) | (466) |
of which: experience (gains) / losses | 344 | 919 |
Past service cost related to plan amendments | 0 | 4 |
Curtailments | (13) | (49) |
Benefit payments | (1,030) | (862) |
Other movements | (5) | 1 |
Foreign currency translation | (727) | (527) |
At the end of the year | 16,080 | 21,324 |
UBS AG | Major plans | Fair value of plan assets | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 24,821 | 23,867 |
Plan participant contributions | 154 | 161 |
Benefit payments | (1,030) | (862) |
Other movements | (1) | 1 |
Return on plan assets excluding interest income | (3,476) | 1,637 |
Interest income | 376 | 127 |
Employer contributions | 422 | 466 |
Administration expenses, taxes and premiums paid | (11) | (11) |
Foreign currency translation | (772) | (563) |
At the end of the year | 20,484 | 24,821 |
UBS AG | Major plans | Asset ceiling effect | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 3,716 | 2,739 |
Interest expense on asset ceiling effect | 77 | 8 |
Asset ceiling effect excluding interest expense and foreign currency translation | 656 | 1,037 |
Foreign currency translation | (31) | (68) |
At the end of the year | 4,418 | 3,716 |
UBS AG | Swiss pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 0 | |
Remeasurement of defined benefit obligation | 2,424 | (490) |
Past service cost related to plan amendments | 0 | 0 |
Return on plan assets excluding interest income | (1,942) | 1,319 |
Asset ceiling effect excluding interest expense and foreign currency translation | (656) | (1,037) |
At the end of the year | 0 | 0 |
UBS AG | Swiss pension plan | Defined benefit obligation | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 15,480 | 15,619 |
Current service cost | 240 | 285 |
Interest expense | 195 | 33 |
Plan participant contributions | 154 | 161 |
Remeasurement of defined benefit obligation | (2,424) | 490 |
of which: actuarial (gains) / losses due to changes in demographic assumptions | 2 | 26 |
of which: actuarial (gains) / losses due to changes in financial assumptions | (2,653) | (385) |
of which: experience (gains) / losses | 226 | 848 |
Past service cost related to plan amendments | 0 | 0 |
Curtailments | (13) | (49) |
Benefit payments | (796) | (602) |
Other movements | (5) | 0 |
Foreign currency translation | (291) | (456) |
At the end of the year | 12,539 | 15,480 |
UBS AG | Swiss pension plan | Fair value of plan assets | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 19,196 | 18,358 |
Plan participant contributions | 154 | 161 |
Benefit payments | (796) | (602) |
Other movements | (1) | 0 |
Return on plan assets excluding interest income | (1,942) | 1,319 |
Interest income | 274 | 42 |
Employer contributions | 401 | 450 |
Administration expenses, taxes and premiums paid | (7) | (8) |
Foreign currency translation | (322) | (524) |
At the end of the year | 16,957 | 19,196 |
UBS AG | Swiss pension plan | Asset ceiling effect | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 3,716 | 2,739 |
Interest expense on asset ceiling effect | 77 | 8 |
Asset ceiling effect excluding interest expense and foreign currency translation | 656 | 1,037 |
Foreign currency translation | (31) | (68) |
At the end of the year | 4,418 | 3,716 |
UBS AG | UK pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 192 | |
Remeasurement of defined benefit obligation | 1,474 | (71) |
Past service cost related to plan amendments | 0 | 0 |
Return on plan assets excluding interest income | (1,312) | 277 |
Employer contributions | 5 | |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
At the end of the year | 321 | 192 |
UBS AG | UK pension plan | Defined benefit obligation | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 4,105 | 4,162 |
Current service cost | 0 | 0 |
Interest expense | 67 | 58 |
Plan participant contributions | 0 | 0 |
Remeasurement of defined benefit obligation | (1,474) | 71 |
of which: actuarial (gains) / losses due to changes in demographic assumptions | (6) | 14 |
of which: actuarial (gains) / losses due to changes in financial assumptions | (1,575) | (3) |
of which: experience (gains) / losses | 107 | 59 |
Past service cost related to plan amendments | 0 | 0 |
Curtailments | 0 | 0 |
Benefit payments | (123) | (148) |
Other movements | 0 | 0 |
Foreign currency translation | (408) | (38) |
At the end of the year | 2,166 | 4,105 |
UBS AG | UK pension plan | Fair value of plan assets | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 4,297 | 4,149 |
Plan participant contributions | 0 | 0 |
Benefit payments | (123) | (148) |
Other movements | 0 | 0 |
Return on plan assets excluding interest income | (1,312) | 277 |
Interest income | 70 | 58 |
Employer contributions | 5 | 0 |
Administration expenses, taxes and premiums paid | 0 | 0 |
Foreign currency translation | (450) | (39) |
At the end of the year | 2,488 | 4,297 |
UBS AG | UK pension plan | Asset ceiling effect | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 0 | 0 |
Interest expense on asset ceiling effect | 0 | 0 |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
Foreign currency translation | 0 | 0 |
At the end of the year | 0 | 0 |
UBS AG | US and German pension plans | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | (411) | |
Remeasurement of defined benefit obligation | 267 | 62 |
Past service cost related to plan amendments | 0 | (4) |
Return on plan assets excluding interest income | (223) | 40 |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
At the end of the year | (335) | (411) |
UBS AG | US and German pension plans | Defined benefit obligation | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 1,740 | 1,905 |
Current service cost | 5 | 6 |
Interest expense | 35 | 30 |
Plan participant contributions | 0 | 0 |
Remeasurement of defined benefit obligation | (267) | (62) |
of which: actuarial (gains) / losses due to changes in demographic assumptions | 1 | 4 |
of which: actuarial (gains) / losses due to changes in financial assumptions | (279) | (78) |
of which: experience (gains) / losses | 11 | 12 |
Past service cost related to plan amendments | 0 | 4 |
Curtailments | 0 | 0 |
Benefit payments | (111) | (112) |
Other movements | 0 | 1 |
Foreign currency translation | (28) | (33) |
At the end of the year | 1,375 | 1,740 |
UBS AG | US and German pension plans | Fair value of plan assets | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 1,329 | 1,360 |
Plan participant contributions | 0 | 0 |
Benefit payments | (111) | (112) |
Other movements | 0 | 1 |
Return on plan assets excluding interest income | (223) | 40 |
Interest income | 31 | 26 |
Employer contributions | 16 | 16 |
Administration expenses, taxes and premiums paid | (3) | (4) |
Foreign currency translation | 0 | 0 |
At the end of the year | 1,039 | 1,329 |
UBS AG | US and German pension plans | Asset ceiling effect | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | 0 | 0 |
Interest expense on asset ceiling effect | 0 | 0 |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
Foreign currency translation | 0 | 0 |
At the end of the year | 0 | 0 |
UBS AG | Remaining plans | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
At the beginning of the year | (96) | |
At the end of the year | $ (80) | $ (96) |
Defined benefit plans (Detail_2
Defined benefit plans (Detail 4.2) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Net Defined Benefit Liability Asset On Balance Sheet [Table] | ||
of which: net defined benefit asset | $ 355 | $ 302 |
of which: net defined benefit liability | (469) | (633) |
Major plans | ||
Disclosure Of Net Defined Benefit Liability Asset On Balance Sheet [Table] | ||
of which: amounts owed to active members | 12,160 | 14,705 |
of which: amounts owed to deferred members | 1,184 | 2,262 |
of which: amounts owed to retirees | 12,469 | 16,276 |
Swiss pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset On Balance Sheet [Table] | ||
of which: amounts owed to active members | 11,927 | 14,333 |
of which: amounts owed to deferred members | 0 | 0 |
of which: amounts owed to retirees | 10,345 | 13,065 |
UK pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset On Balance Sheet [Table] | ||
of which: amounts owed to active members | 65 | 150 |
of which: amounts owed to deferred members | 656 | 1,593 |
of which: amounts owed to retirees | 1,445 | 2,362 |
US and German pension plans | ||
Disclosure Of Net Defined Benefit Liability Asset On Balance Sheet [Table] | ||
of which: amounts owed to active members | 169 | 222 |
of which: amounts owed to deferred members | 528 | 669 |
of which: amounts owed to retirees | 678 | 849 |
UBS AG | ||
Disclosure Of Net Defined Benefit Liability Asset On Balance Sheet [Table] | ||
of which: net defined benefit asset | 355 | 302 |
of which: net defined benefit liability | (449) | (617) |
UBS AG | Major plans | ||
Disclosure Of Net Defined Benefit Liability Asset On Balance Sheet [Table] | ||
of which: amounts owed to active members | 7,336 | 8,976 |
of which: amounts owed to deferred members | 1,184 | 2,262 |
of which: amounts owed to retirees | 7,560 | 10,086 |
UBS AG | Swiss pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset On Balance Sheet [Table] | ||
of which: amounts owed to active members | 7,103 | 8,604 |
of which: amounts owed to deferred members | 0 | 0 |
of which: amounts owed to retirees | 5,436 | 6,876 |
UBS AG | UK pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset On Balance Sheet [Table] | ||
of which: amounts owed to active members | 65 | 150 |
of which: amounts owed to deferred members | 656 | 1,593 |
of which: amounts owed to retirees | 1,445 | 2,362 |
UBS AG | US and German pension plans | ||
Disclosure Of Net Defined Benefit Liability Asset On Balance Sheet [Table] | ||
of which: amounts owed to active members | 169 | 222 |
of which: amounts owed to deferred members | 528 | 669 |
of which: amounts owed to retirees | $ 678 | $ 849 |
Defined benefit plans (Detail_3
Defined benefit plans (Detail 4.3) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Net Defined Benefit Liability Asset By Funded And Unfunded [Table] | ||
Net defined benefit asset / (liability) | $ (114) | $ (331) |
Total | ||
Disclosure Of Net Defined Benefit Liability Asset By Funded And Unfunded [Table] | ||
Defined benefit obligation from funded plans | 25,449 | 32,724 |
Defined benefit obligation from unfunded plans | 363 | 518 |
Surplus / (deficit) | 7,834 | 6,358 |
Net defined benefit asset / (liability) | (14) | (219) |
Swiss pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset By Funded And Unfunded [Table] | ||
Defined benefit obligation from funded plans | 22,272 | 27,398 |
Defined benefit obligation from unfunded plans | 0 | 0 |
Plan assets | 30,119 | 33,975 |
Surplus / (deficit) | 7,848 | 6,577 |
Net defined benefit asset / (liability) | 0 | 0 |
UK pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset By Funded And Unfunded [Table] | ||
Defined benefit obligation from funded plans | 2,166 | 4,105 |
Defined benefit obligation from unfunded plans | 0 | 0 |
Plan assets | 2,488 | 4,297 |
Surplus / (deficit) | 321 | 192 |
Net defined benefit asset / (liability) | 321 | 192 |
US and German pension plans | ||
Disclosure Of Net Defined Benefit Liability Asset By Funded And Unfunded [Table] | ||
Defined benefit obligation from funded plans | 1,011 | 1,222 |
Defined benefit obligation from unfunded plans | 363 | 518 |
Plan assets | 1,039 | 1,329 |
Surplus / (deficit) | (335) | (411) |
Net defined benefit asset / (liability) | (335) | (411) |
UBS AG | ||
Disclosure Of Net Defined Benefit Liability Asset By Funded And Unfunded [Table] | ||
Net defined benefit asset / (liability) | (94) | (315) |
UBS AG | Total | ||
Disclosure Of Net Defined Benefit Liability Asset By Funded And Unfunded [Table] | ||
Defined benefit obligation from funded plans | 15,717 | 20,806 |
Defined benefit obligation from unfunded plans | 363 | 518 |
Surplus / (deficit) | 4,404 | 3,497 |
Net defined benefit asset / (liability) | (14) | (219) |
UBS AG | Swiss pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset By Funded And Unfunded [Table] | ||
Defined benefit obligation from funded plans | 12,539 | 15,480 |
Defined benefit obligation from unfunded plans | 0 | 0 |
Plan assets | 16,957 | 19,196 |
Surplus / (deficit) | 4,418 | 3,716 |
Net defined benefit asset / (liability) | 0 | 0 |
UBS AG | UK pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset By Funded And Unfunded [Table] | ||
Defined benefit obligation from funded plans | 2,166 | 4,105 |
Defined benefit obligation from unfunded plans | 0 | 0 |
Plan assets | 2,488 | 4,297 |
Surplus / (deficit) | 321 | 192 |
Net defined benefit asset / (liability) | 321 | 192 |
UBS AG | US and German pension plans | ||
Disclosure Of Net Defined Benefit Liability Asset By Funded And Unfunded [Table] | ||
Defined benefit obligation from funded plans | 1,011 | 1,222 |
Defined benefit obligation from unfunded plans | 363 | 518 |
Plan assets | 1,039 | 1,329 |
Surplus / (deficit) | (335) | (411) |
Net defined benefit asset / (liability) | $ (335) | $ (411) |
Defined benefit plans (Detail 5
Defined benefit plans (Detail 5.1) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Curtailments | $ (20) | $ (80) | $ 0 |
Net periodic expenses recognized in net profit | 437 | 470 | 502 |
Major plans | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Current service cost | 420 | 500 | |
Interest expense related to defined benefit obligation | 446 | 147 | |
Interest income related to plan assets | (586) | (159) | |
Interest expense on asset ceiling effect | 135 | 15 | |
Administration expenses, taxes and premiums paid | 16 | 17 | |
Past service cost related to plan amendments | 0 | 4 | |
Curtailments | (20) | (80) | |
Net periodic expenses recognized in net profit | 411 | 444 | |
Swiss pension plan | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Current service cost | 416 | 494 | |
Interest expense related to defined benefit obligation | 344 | 58 | |
Interest income related to plan assets | (485) | (74) | |
Interest expense on asset ceiling effect | 135 | 15 | |
Administration expenses, taxes and premiums paid | 12 | 13 | |
Past service cost related to plan amendments | 0 | 0 | |
Curtailments | (20) | (80) | |
Net periodic expenses recognized in net profit | 402 | 426 | |
UK pension plan | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Current service cost | 0 | 0 | |
Interest expense related to defined benefit obligation | 67 | 58 | |
Interest income related to plan assets | (70) | (58) | |
Interest expense on asset ceiling effect | 0 | 0 | |
Administration expenses, taxes and premiums paid | 0 | 0 | |
Past service cost related to plan amendments | 0 | 0 | |
Curtailments | 0 | 0 | |
Net periodic expenses recognized in net profit | (3) | 0 | |
US and German pension plans | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Current service cost | 5 | 6 | |
Interest expense related to defined benefit obligation | 35 | 30 | |
Interest income related to plan assets | (31) | (26) | |
Interest expense on asset ceiling effect | 0 | 0 | |
Administration expenses, taxes and premiums paid | 3 | 4 | |
Past service cost related to plan amendments | 0 | 4 | |
Curtailments | 0 | 0 | |
Net periodic expenses recognized in net profit | 12 | 18 | |
Remaining plans | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Net periodic expenses recognized in net profit | 25 | 25 | |
UBS AG | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Curtailments | (13) | (49) | 0 |
Net periodic expenses recognized in net profit | 256 | 280 | $ 306 |
UBS AG | Major plans | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Current service cost | 244 | 291 | |
Interest expense related to defined benefit obligation | 297 | 122 | |
Interest income related to plan assets | (376) | (127) | |
Interest expense on asset ceiling effect | 77 | 8 | |
Administration expenses, taxes and premiums paid | 11 | 11 | |
Past service cost related to plan amendments | 0 | 4 | |
Curtailments | (13) | (49) | |
Net periodic expenses recognized in net profit | 239 | 261 | |
UBS AG | Swiss pension plan | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Current service cost | 240 | 285 | |
Interest expense related to defined benefit obligation | 195 | 33 | |
Interest income related to plan assets | (274) | (42) | |
Interest expense on asset ceiling effect | 77 | 8 | |
Administration expenses, taxes and premiums paid | 7 | 8 | |
Past service cost related to plan amendments | 0 | 0 | |
Curtailments | (13) | (49) | |
Net periodic expenses recognized in net profit | 230 | 243 | |
UBS AG | UK pension plan | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Current service cost | 0 | 0 | |
Interest expense related to defined benefit obligation | 67 | 58 | |
Interest income related to plan assets | (70) | (58) | |
Interest expense on asset ceiling effect | 0 | 0 | |
Administration expenses, taxes and premiums paid | 0 | 0 | |
Past service cost related to plan amendments | 0 | 0 | |
Curtailments | 0 | 0 | |
Net periodic expenses recognized in net profit | (3) | 0 | |
UBS AG | US and German pension plans | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Current service cost | 5 | 6 | |
Interest expense related to defined benefit obligation | 35 | 30 | |
Interest income related to plan assets | (31) | (26) | |
Interest expense on asset ceiling effect | 0 | 0 | |
Administration expenses, taxes and premiums paid | 3 | 4 | |
Past service cost related to plan amendments | 0 | 4 | |
Curtailments | 0 | 0 | |
Net periodic expenses recognized in net profit | 12 | 18 | |
UBS AG | Remaining plans | |||
Post-employment Benefit Expense Defined Benefit Pension Plans [Table] | |||
Net periodic expenses recognized in net profit | $ 17 | $ 19 |
Defined benefit plans (Detail_4
Defined benefit plans (Detail 5.2) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Total gains / (losses) recognized in other comprehensive income, before tax | $ (73) | $ 2 |
Major plans | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 5,891 | (846) |
Return on plan assets excluding interest income | (4,782) | 2,639 |
Asset ceiling effect excluding interest expense and foreign currency translation | (1,189) | (1,821) |
Total gains / (losses) recognized in other comprehensive income, before tax | (80) | (28) |
Major plans | of which: change in discount rate assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 7,183 | 1,267 |
Major plans | of which: change in rate of pension increase assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 118 | (318) |
Major plans | of which: change in rate of interest credit on retirement savings assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (800) | (194) |
Major plans | of which: change in life expectancy | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 4 | 5 |
Major plans | of which: change in other actuarial assumptions | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 16 | (71) |
Major plans | of which: experience gains / (losses) | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (631) | (1,535) |
Swiss pension plan | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 4,151 | (837) |
Return on plan assets excluding interest income | (3,248) | 2,322 |
Asset ceiling effect excluding interest expense and foreign currency translation | (1,189) | (1,821) |
Total gains / (losses) recognized in other comprehensive income, before tax | (285) | (336) |
Swiss pension plan | of which: change in discount rate assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 5,414 | 870 |
Swiss pension plan | of which: change in rate of pension increase assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 0 | 0 |
Swiss pension plan | of which: change in rate of interest credit on retirement savings assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (718) | (193) |
Swiss pension plan | of which: change in life expectancy | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 0 | 0 |
Swiss pension plan | of which: change in other actuarial assumptions | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (33) | (50) |
Swiss pension plan | of which: experience gains / (losses) | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (512) | (1,464) |
UK pension plan | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 1,474 | (71) |
Return on plan assets excluding interest income | (1,312) | 277 |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
Total gains / (losses) recognized in other comprehensive income, before tax | 162 | 207 |
UK pension plan | of which: change in discount rate assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 1,451 | 319 |
UK pension plan | of which: change in rate of pension increase assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 123 | (316) |
UK pension plan | of which: change in rate of interest credit on retirement savings assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 0 | 0 |
UK pension plan | of which: change in life expectancy | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 5 | 9 |
UK pension plan | of which: change in other actuarial assumptions | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 1 | (23) |
UK pension plan | of which: experience gains / (losses) | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (107) | (59) |
US and German pension plans | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 267 | 62 |
Return on plan assets excluding interest income | (223) | 40 |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
Total gains / (losses) recognized in other comprehensive income, before tax | 43 | 102 |
US and German pension plans | of which: change in discount rate assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 317 | 77 |
US and German pension plans | of which: change in rate of pension increase assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (5) | (1) |
US and German pension plans | of which: change in rate of interest credit on retirement savings assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (82) | (1) |
US and German pension plans | of which: change in life expectancy | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (1) | (3) |
US and German pension plans | of which: change in other actuarial assumptions | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 48 | 2 |
US and German pension plans | of which: experience gains / (losses) | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (11) | (12) |
Remaining plans | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Total gains / (losses) recognized in other comprehensive income, before tax | 7 | 30 |
UBS AG | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Total gains / (losses) recognized in other comprehensive income, before tax | 40 | 133 |
UBS AG | Major plans | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 4,165 | (498) |
Return on plan assets excluding interest income | (3,476) | 1,637 |
Asset ceiling effect excluding interest expense and foreign currency translation | (656) | (1,037) |
Total gains / (losses) recognized in other comprehensive income, before tax | 32 | 102 |
UBS AG | Major plans | of which: change in discount rate assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 4,846 | 890 |
UBS AG | Major plans | of which: change in rate of pension increase assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 118 | (318) |
UBS AG | Major plans | of which: change in rate of interest credit on retirement savings assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (490) | (110) |
UBS AG | Major plans | of which: change in life expectancy | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 4 | 5 |
UBS AG | Major plans | of which: change in other actuarial assumptions | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 30 | (47) |
UBS AG | Major plans | of which: experience gains / (losses) | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (344) | (919) |
UBS AG | Swiss pension plan | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 2,424 | (490) |
Return on plan assets excluding interest income | (1,942) | 1,319 |
Asset ceiling effect excluding interest expense and foreign currency translation | (656) | (1,037) |
Total gains / (losses) recognized in other comprehensive income, before tax | (173) | (207) |
UBS AG | Swiss pension plan | of which: change in discount rate assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 3,078 | 494 |
UBS AG | Swiss pension plan | of which: change in rate of pension increase assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 0 | 0 |
UBS AG | Swiss pension plan | of which: change in rate of interest credit on retirement savings assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (408) | (110) |
UBS AG | Swiss pension plan | of which: change in life expectancy | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 0 | 0 |
UBS AG | Swiss pension plan | of which: change in other actuarial assumptions | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (19) | (26) |
UBS AG | Swiss pension plan | of which: experience gains / (losses) | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (226) | (848) |
UBS AG | UK pension plan | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 1,474 | (71) |
Return on plan assets excluding interest income | (1,312) | 277 |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
Total gains / (losses) recognized in other comprehensive income, before tax | 162 | 207 |
UBS AG | UK pension plan | of which: change in discount rate assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 1,451 | 319 |
UBS AG | UK pension plan | of which: change in rate of pension increase assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 123 | (316) |
UBS AG | UK pension plan | of which: change in rate of interest credit on retirement savings assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 0 | 0 |
UBS AG | UK pension plan | of which: change in life expectancy | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 5 | 9 |
UBS AG | UK pension plan | of which: change in other actuarial assumptions | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 1 | (23) |
UBS AG | UK pension plan | of which: experience gains / (losses) | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (107) | (59) |
UBS AG | US and German pension plans | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 267 | 62 |
Return on plan assets excluding interest income | (223) | 40 |
Asset ceiling effect excluding interest expense and foreign currency translation | 0 | 0 |
Total gains / (losses) recognized in other comprehensive income, before tax | 43 | 102 |
UBS AG | US and German pension plans | of which: change in discount rate assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 317 | 77 |
UBS AG | US and German pension plans | of which: change in rate of pension increase assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (5) | (1) |
UBS AG | US and German pension plans | of which: change in rate of interest credit on retirement savings assumption | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (82) | (1) |
UBS AG | US and German pension plans | of which: change in life expectancy | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (1) | (3) |
UBS AG | US and German pension plans | of which: change in other actuarial assumptions | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | 48 | 2 |
UBS AG | US and German pension plans | of which: experience gains / (losses) | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Remeasurement of defined benefit obligation | (11) | (12) |
UBS AG | Remaining plans | ||
Other Comprehensive Income Before Tax Gains Losses On Remeasurements Of Defined Benefit Pension Plans [Table] | ||
Total gains / (losses) recognized in other comprehensive income, before tax | $ 8 | $ 31 |
Defined benefit plans (Detail 6
Defined benefit plans (Detail 6) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Swiss pension plan | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Duration of the defined benefit obligation | 13 years 1 month 6 days | 15 years 1 month 6 days |
Maturity analysis of benefits expected to be paid | ||
Benefits expected to be paid within 12 months | $ 1,294 | $ 1,312 |
Benefits expected to be paid between 1 and 3 years | 2,657 | 2,636 |
Benefits expected to be paid between 3 and 6 years | 3,977 | 3,824 |
Benefits expected to be paid between 6 and 11 years | 6,743 | 6,220 |
Benefits expected to be paid between 11 and 16 years | 6,223 | 5,572 |
Benefits expected to be paid in more than 16 years | $ 22,446 | $ 18,092 |
UK pension plan | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Duration of the defined benefit obligation | 13 years 8 months 12 days | 18 years 9 months 18 days |
Maturity analysis of benefits expected to be paid | ||
Benefits expected to be paid within 12 months | $ 107 | $ 110 |
Benefits expected to be paid between 1 and 3 years | 234 | 248 |
Benefits expected to be paid between 3 and 6 years | 384 | 418 |
Benefits expected to be paid between 6 and 11 years | 667 | 743 |
Benefits expected to be paid between 11 and 16 years | 667 | 751 |
Benefits expected to be paid in more than 16 years | $ 2,570 | $ 3,028 |
US and German pension plans | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Duration of the defined benefit obligation | 7 years 10 months 24 days | 9 years 6 months |
Maturity analysis of benefits expected to be paid | ||
Benefits expected to be paid within 12 months | $ 123 | $ 123 |
Benefits expected to be paid between 1 and 3 years | 232 | 237 |
Benefits expected to be paid between 3 and 6 years | 335 | 338 |
Benefits expected to be paid between 6 and 11 years | 502 | 495 |
Benefits expected to be paid between 11 and 16 years | 388 | 392 |
Benefits expected to be paid in more than 16 years | $ 516 | $ 519 |
UBS AG | Swiss pension plan | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Duration of the defined benefit obligation | 13 years 4 months 24 days | 15 years 6 months |
Maturity analysis of benefits expected to be paid | ||
Benefits expected to be paid within 12 months | $ 702 | $ 719 |
Benefits expected to be paid between 1 and 3 years | 1,445 | 1,440 |
Benefits expected to be paid between 3 and 6 years | 2,183 | 2,097 |
Benefits expected to be paid between 6 and 11 years | 3,751 | 3,467 |
Benefits expected to be paid between 11 and 16 years | 3,519 | 3,156 |
Benefits expected to be paid in more than 16 years | $ 13,243 | $ 10,733 |
UBS AG | UK pension plan | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Duration of the defined benefit obligation | 13 years 8 months 12 days | 18 years 9 months 18 days |
Maturity analysis of benefits expected to be paid | ||
Benefits expected to be paid within 12 months | $ 107 | $ 110 |
Benefits expected to be paid between 1 and 3 years | 234 | 248 |
Benefits expected to be paid between 3 and 6 years | 384 | 418 |
Benefits expected to be paid between 6 and 11 years | 667 | 743 |
Benefits expected to be paid between 11 and 16 years | 667 | 751 |
Benefits expected to be paid in more than 16 years | $ 2,570 | $ 3,028 |
UBS AG | US and German pension plans | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Duration of the defined benefit obligation | 7 years 10 months 24 days | 9 years 6 months |
Maturity analysis of benefits expected to be paid | ||
Benefits expected to be paid within 12 months | $ 123 | $ 123 |
Benefits expected to be paid between 1 and 3 years | 232 | 237 |
Benefits expected to be paid between 3 and 6 years | 335 | 338 |
Benefits expected to be paid between 6 and 11 years | 502 | 495 |
Benefits expected to be paid between 11 and 16 years | 388 | 392 |
Benefits expected to be paid in more than 16 years | $ 516 | $ 519 |
Defined benefit plans (Detail 7
Defined benefit plans (Detail 7) | Dec. 31, 2022 | Dec. 31, 2021 |
Swiss pension plan | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Discount rate | 2.34% | 0.34% |
Rate of pension increase | 0% | 0% |
Rate of interest credit on retirement savings | 3.39% | 1.04% |
UK pension plan | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Discount rate | 5.02% | 1.82% |
Rate of pension increase | 3.08% | 3.32% |
Rate of interest credit on retirement savings | 0% | 0% |
US pension plans | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Discount rate | 4.92% | 2.47% |
Rate of pension increase | 0% | 0% |
Rate of interest credit on retirement savings | 5.73% | 1.18% |
German pension plans | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Discount rate | 3.81% | 0.99% |
Rate of pension increase | 2.20% | 1.80% |
Rate of interest credit on retirement savings | 0% | 0% |
UBS AG | Swiss pension plan | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Discount rate | 2.34% | 0.34% |
Rate of pension increase | 0% | 0% |
Rate of interest credit on retirement savings | 3.39% | 1.04% |
UBS AG | UK pension plan | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Discount rate | 5.02% | 1.82% |
Rate of pension increase | 3.08% | 3.32% |
Rate of interest credit on retirement savings | 0% | 0% |
UBS AG | US pension plans | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Discount rate | 4.92% | 2.47% |
Rate of pension increase | 0% | 0% |
Rate of interest credit on retirement savings | 5.73% | 1.18% |
UBS AG | German pension plans | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Discount rate | 3.81% | 0.99% |
Rate of pension increase | 2.20% | 1.80% |
Rate of interest credit on retirement savings | 0% | 0% |
Defined benefit plans (Detail 8
Defined benefit plans (Detail 8) - yr | Dec. 31, 2022 | Dec. 31, 2021 |
Switzerland | aged 65 | Mortality table Switzerland | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 21.7 | 21.7 |
Life expectancy at age 65 for a female member currently | 23.5 | 23.4 |
Switzerland | aged 45 | Mortality table Switzerland | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 23.4 | 23.3 |
Life expectancy at age 65 for a female member currently | 25.1 | 25 |
UK | aged 65 | Mortality table UK | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 23.5 | 23.4 |
Life expectancy at age 65 for a female member currently | 25 | 24.9 |
UK | aged 45 | Mortality table UK | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 24.6 | 24.5 |
Life expectancy at age 65 for a female member currently | 26.4 | 26.3 |
United States | aged 65 | Mortality table USA | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 22 | 21.9 |
Life expectancy at age 65 for a female member currently | 23.4 | 23.3 |
United States | aged 45 | Mortality table USA | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 23.3 | 23.3 |
Life expectancy at age 65 for a female member currently | 24.8 | 24.7 |
Germany | aged 65 | Mortality table Germany | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 20.6 | 20.5 |
Life expectancy at age 65 for a female member currently | 24 | 23.9 |
Germany | aged 45 | Mortality table Germany | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 23.4 | 23.2 |
Life expectancy at age 65 for a female member currently | 26.3 | 26.1 |
UBS AG | Switzerland | aged 65 | Mortality table Switzerland | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 21.7 | 21.7 |
Life expectancy at age 65 for a female member currently | 23.5 | 23.4 |
UBS AG | Switzerland | aged 45 | Mortality table Switzerland | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 23.4 | 23.3 |
Life expectancy at age 65 for a female member currently | 25.1 | 25 |
UBS AG | UK | aged 65 | Mortality table UK | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 23.5 | 23.4 |
Life expectancy at age 65 for a female member currently | 25 | 24.9 |
UBS AG | UK | aged 45 | Mortality table UK | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 24.6 | 24.5 |
Life expectancy at age 65 for a female member currently | 26.4 | 26.3 |
UBS AG | United States | aged 65 | Mortality table USA | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 22 | 21.9 |
Life expectancy at age 65 for a female member currently | 23.4 | 23.3 |
UBS AG | United States | aged 45 | Mortality table USA | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 23.3 | 23.3 |
Life expectancy at age 65 for a female member currently | 24.8 | 24.7 |
UBS AG | Germany | aged 65 | Mortality table Germany | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 20.6 | 20.5 |
Life expectancy at age 65 for a female member currently | 24 | 23.9 |
UBS AG | Germany | aged 45 | Mortality table Germany | ||
Disclosure Of Defined Benefit Plans [Table] | ||
Life expectancy at age 65 for a male member currently | 23.4 | 23.2 |
Life expectancy at age 65 for a female member currently | 26.3 | 26.1 |
Defined benefit plans (Detail 9
Defined benefit plans (Detail 9) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Swiss pension plan | ||
Increase / (decrease) in defined benefit obligation | ||
Rate of pension increase | 0% | 0% |
Swiss pension plan | Discount rate | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | $ (1,128) | $ (1,695) |
Decrease by 50 basis points | 1,269 | 1,933 |
Swiss pension plan | Rate of pension increase | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | 877 | 1,333 |
Swiss pension plan | Rate of interest credit on retirement savings | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | 178 | 224 |
Decrease by 50 basis points | (178) | (224) |
Swiss pension plan | Life expectancy | ||
Increase / (decrease) in defined benefit obligation | ||
Increase in longevity by one additional year | $ 593 | $ 915 |
UK pension plan | ||
Increase / (decrease) in defined benefit obligation | ||
Rate of pension increase | 3.08% | 3.32% |
UK pension plan | Discount rate | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | $ (141) | $ (361) |
Decrease by 50 basis points | 157 | 411 |
UK pension plan | Rate of pension increase | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | 127 | 334 |
Decrease by 50 basis points | (118) | (306) |
UK pension plan | Life expectancy | ||
Increase / (decrease) in defined benefit obligation | ||
Increase in longevity by one additional year | 65 | 184 |
US and German pension plans | Discount rate | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | (51) | (78) |
Decrease by 50 basis points | 55 | 84 |
US and German pension plans | Rate of pension increase | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | 4 | 6 |
Decrease by 50 basis points | (3) | (6) |
US and German pension plans | Rate of interest credit on retirement savings | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | 9 | 8 |
Decrease by 50 basis points | (8) | (7) |
US and German pension plans | Life expectancy | ||
Increase / (decrease) in defined benefit obligation | ||
Increase in longevity by one additional year | $ 39 | $ 56 |
UBS AG | Swiss pension plan | ||
Increase / (decrease) in defined benefit obligation | ||
Rate of pension increase | 0% | 0% |
UBS AG | Swiss pension plan | Discount rate | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | $ (641) | $ (975) |
Decrease by 50 basis points | 723 | 1,116 |
UBS AG | Swiss pension plan | Rate of pension increase | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | 487 | 749 |
UBS AG | Swiss pension plan | Rate of interest credit on retirement savings | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | 106 | 134 |
Decrease by 50 basis points | (106) | (134) |
UBS AG | Swiss pension plan | Life expectancy | ||
Increase / (decrease) in defined benefit obligation | ||
Increase in longevity by one additional year | $ 304 | $ 475 |
UBS AG | UK pension plan | ||
Increase / (decrease) in defined benefit obligation | ||
Rate of pension increase | 3.08% | 3.32% |
UBS AG | UK pension plan | Discount rate | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | $ (141) | $ (361) |
Decrease by 50 basis points | 157 | 411 |
UBS AG | UK pension plan | Rate of pension increase | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | 127 | 334 |
Decrease by 50 basis points | (118) | (306) |
UBS AG | UK pension plan | Life expectancy | ||
Increase / (decrease) in defined benefit obligation | ||
Increase in longevity by one additional year | 65 | 184 |
UBS AG | US and German pension plans | Discount rate | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | (51) | (78) |
Decrease by 50 basis points | 55 | 84 |
UBS AG | US and German pension plans | Rate of pension increase | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | 4 | 6 |
Decrease by 50 basis points | (3) | (6) |
UBS AG | US and German pension plans | Rate of interest credit on retirement savings | ||
Increase / (decrease) in defined benefit obligation | ||
Increase by 50 basis points | 9 | 8 |
Decrease by 50 basis points | (8) | (7) |
UBS AG | US and German pension plans | Life expectancy | ||
Increase / (decrease) in defined benefit obligation | ||
Increase in longevity by one additional year | $ 39 | $ 56 |
Defined benefit plans (Detail 1
Defined benefit plans (Detail 10) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Swiss pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 30,119 | $ 33,975 |
Plan asset allocation % | 100% | 100% |
Swiss pension plan | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 326 | $ 187 |
Plan asset allocation % | 1% | 1% |
Swiss pension plan | Real estate / property - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 3,783 | $ 3,530 |
Plan asset allocation % | 13% | 10% |
Swiss pension plan | Real estate / property - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 919 | $ 580 |
Plan asset allocation % | 3% | 2% |
Swiss pension plan | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 743 | $ 843 |
Plan asset allocation % | 2% | 2% |
Swiss pension plan | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 7,134 | $ 8,865 |
Plan asset allocation % | 24% | 26% |
Swiss pension plan | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 3,760 | $ 4,446 |
Plan asset allocation % | 12% | 13% |
Swiss pension plan | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 6,031 | $ 5,093 |
Plan asset allocation % | 20% | 15% |
Swiss pension plan | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1,062 | $ 1,314 |
Plan asset allocation % | 4% | 4% |
Swiss pension plan | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 5,086 | $ 7,769 |
Plan asset allocation % | 17% | 23% |
Swiss pension plan | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1,275 | $ 1,349 |
Plan asset allocation % | 4% | 4% |
Swiss pension plan | Quoted in an active market | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 19,049 | $ 22,973 |
Swiss pension plan | Quoted in an active market | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 326 | 187 |
Swiss pension plan | Quoted in an active market | Real estate / property - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
Swiss pension plan | Quoted in an active market | Real estate / property - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
Swiss pension plan | Quoted in an active market | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 743 | 843 |
Swiss pension plan | Quoted in an active market | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 4,964 | 6,213 |
Swiss pension plan | Quoted in an active market | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 3,760 | 4,446 |
Swiss pension plan | Quoted in an active market | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 6,031 | 5,093 |
Swiss pension plan | Quoted in an active market | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 1,062 | 1,314 |
Swiss pension plan | Quoted in an active market | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 1,540 | 4,211 |
Swiss pension plan | Quoted in an active market | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 624 | 668 |
Swiss pension plan | Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 11,071 | 11,002 |
Swiss pension plan | Other | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
Swiss pension plan | Other | Real estate / property - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 3,783 | 3,530 |
Swiss pension plan | Other | Real estate / property - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 919 | 580 |
Swiss pension plan | Other | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
Swiss pension plan | Other | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 2,171 | 2,652 |
Swiss pension plan | Other | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
Swiss pension plan | Other | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
Swiss pension plan | Other | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
Swiss pension plan | Other | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 3,547 | 3,558 |
Swiss pension plan | Other | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 651 | 682 |
UK pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 2,488 | $ 4,297 |
Plan asset allocation % | 100% | 100% |
UK pension plan | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 104 | $ 147 |
Plan asset allocation % | 4% | 3% |
UK pension plan | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1,729 | $ 2,605 |
Plan asset allocation % | 69% | 61% |
UK pension plan | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 297 | $ 372 |
Plan asset allocation % | 12% | 9% |
UK pension plan | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 7 | $ 4 |
Plan asset allocation % | 0% | 0% |
UK pension plan | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 22 | $ 47 |
Plan asset allocation % | 1% | 1% |
UK pension plan | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 366 | $ 921 |
Plan asset allocation % | 15% | 21% |
UK pension plan | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 457 | $ 679 |
Plan asset allocation % | 18% | 16% |
UK pension plan | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1 | $ 12 |
Plan asset allocation % | 0% | 0% |
UK pension plan | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 90 | $ 179 |
Plan asset allocation % | 4% | 4% |
UK pension plan | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 114 | $ 115 |
Plan asset allocation % | 5% | 3% |
UK pension plan | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 64 | $ 122 |
Plan asset allocation % | 3% | 3% |
UK pension plan | Investment funds - Real estate - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 36 | $ 40 |
Plan asset allocation % | 1% | 1% |
UK pension plan | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ (280) | $ (313) |
Plan asset allocation % | (11.00%) | (7.00%) |
UK pension plan | Repurchase agreements | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ (612) | $ (725) |
Plan asset allocation % | (25.00%) | (17.00%) |
UK pension plan | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 94 | $ 91 |
Plan asset allocation % | 4% | 2% |
UK pension plan | Quoted in an active market | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 2,336 | $ 4,074 |
UK pension plan | Quoted in an active market | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 104 | 147 |
UK pension plan | Quoted in an active market | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 1,729 | 2,605 |
UK pension plan | Quoted in an active market | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 297 | 372 |
UK pension plan | Quoted in an active market | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 7 | 4 |
UK pension plan | Quoted in an active market | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 19 | 44 |
UK pension plan | Quoted in an active market | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 366 | 921 |
UK pension plan | Quoted in an active market | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 367 | 532 |
UK pension plan | Quoted in an active market | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 1 | 12 |
UK pension plan | Quoted in an active market | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 90 | 179 |
UK pension plan | Quoted in an active market | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 114 | 115 |
UK pension plan | Quoted in an active market | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 64 | 110 |
UK pension plan | Quoted in an active market | Investment funds - Real estate - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 6 | 6 |
UK pension plan | Quoted in an active market | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | (280) | (313) |
UK pension plan | Quoted in an active market | Repurchase agreements | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | (612) | (725) |
UK pension plan | Quoted in an active market | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 66 | 65 |
UK pension plan | Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 151 | 223 |
UK pension plan | Other | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UK pension plan | Other | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UK pension plan | Other | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UK pension plan | Other | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UK pension plan | Other | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 3 | 4 |
UK pension plan | Other | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UK pension plan | Other | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 90 | 147 |
UK pension plan | Other | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UK pension plan | Other | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UK pension plan | Other | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UK pension plan | Other | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 12 |
UK pension plan | Other | Investment funds - Real estate - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 31 | 34 |
UK pension plan | Other | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UK pension plan | Other | Repurchase agreements | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UK pension plan | Other | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 27 | 26 |
US and German pension plans | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1,039 | $ 1,329 |
Plan asset allocation % | 100% | 100% |
US and German pension plans | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 7 | $ 11 |
Plan asset allocation % | 1% | 1% |
US and German pension plans | Equity securities - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 55 | $ 79 |
Plan asset allocation % | 5% | 6% |
US and German pension plans | Equity securities - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 24 | $ 31 |
Plan asset allocation % | 2% | 2% |
US and German pension plans | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 359 | $ 486 |
Plan asset allocation % | 35% | 37% |
US and German pension plans | Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 4 | $ 17 |
Plan asset allocation % | 0% | 1% |
US and German pension plans | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 74 | $ 97 |
Plan asset allocation % | 7% | 7% |
US and German pension plans | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 3 | $ 6 |
Plan asset allocation % | 0% | 0% |
US and German pension plans | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 27 | $ 3 |
Plan asset allocation % | 3% | 0% |
US and German pension plans | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 33 | $ 56 |
Plan asset allocation % | 3% | 4% |
US and German pension plans | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 266 | $ 269 |
Plan asset allocation % | 26% | 20% |
US and German pension plans | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 109 | $ 147 |
Plan asset allocation % | 10% | 11% |
US and German pension plans | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 2 | $ 11 |
Plan asset allocation % | 0% | 1% |
US and German pension plans | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 5 | $ 2 |
Plan asset allocation % | 0% | 0% |
US and German pension plans | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 11 | $ 9 |
Plan asset allocation % | 1% | 1% |
US and German pension plans | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 54 | $ 99 |
Plan asset allocation % | 5% | 7% |
US and German pension plans | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 6 | $ 6 |
Plan asset allocation % | 1% | 0% |
US and German pension plans | Quoted in an active market | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1,027 | $ 1,319 |
US and German pension plans | Quoted in an active market | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 7 | 11 |
US and German pension plans | Quoted in an active market | Equity securities - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 55 | 79 |
US and German pension plans | Quoted in an active market | Equity securities - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 24 | 31 |
US and German pension plans | Quoted in an active market | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 359 | 486 |
US and German pension plans | Quoted in an active market | Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 4 | 17 |
US and German pension plans | Quoted in an active market | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 74 | 97 |
US and German pension plans | Quoted in an active market | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 3 | 6 |
US and German pension plans | Quoted in an active market | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 27 | 3 |
US and German pension plans | Quoted in an active market | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 33 | 56 |
US and German pension plans | Quoted in an active market | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 266 | 269 |
US and German pension plans | Quoted in an active market | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 109 | 147 |
US and German pension plans | Quoted in an active market | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 2 | 11 |
US and German pension plans | Quoted in an active market | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 5 | 2 |
US and German pension plans | Quoted in an active market | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Quoted in an active market | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 54 | 99 |
US and German pension plans | Quoted in an active market | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 5 | 5 |
US and German pension plans | Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 12 | 10 |
US and German pension plans | Other | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Equity securities - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Equity securities - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 11 | 9 |
US and German pension plans | Other | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
US and German pension plans | Other | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 1 | 1 |
UBS AG | Swiss pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 16,957 | $ 19,196 |
Plan asset allocation % | 100% | 100% |
UBS AG | Swiss pension plan | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 183 | $ 106 |
Plan asset allocation % | 1% | 1% |
UBS AG | Swiss pension plan | Real estate / property - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 2,130 | $ 1,994 |
Plan asset allocation % | 13% | 10% |
UBS AG | Swiss pension plan | Real estate / property - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 517 | $ 328 |
Plan asset allocation % | 3% | 2% |
UBS AG | Swiss pension plan | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 418 | $ 476 |
Plan asset allocation % | 2% | 2% |
UBS AG | Swiss pension plan | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 4,017 | $ 5,009 |
Plan asset allocation % | 24% | 26% |
UBS AG | Swiss pension plan | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 2,117 | $ 2,512 |
Plan asset allocation % | 12% | 13% |
UBS AG | Swiss pension plan | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 3,395 | $ 2,877 |
Plan asset allocation % | 20% | 15% |
UBS AG | Swiss pension plan | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 598 | $ 742 |
Plan asset allocation % | 4% | 4% |
UBS AG | Swiss pension plan | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 2,864 | $ 4,389 |
Plan asset allocation % | 17% | 23% |
UBS AG | Swiss pension plan | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 718 | $ 762 |
Plan asset allocation % | 4% | 4% |
UBS AG | Swiss pension plan | Quoted in an active market | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 10,724 | $ 12,980 |
UBS AG | Swiss pension plan | Quoted in an active market | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 183 | 106 |
UBS AG | Swiss pension plan | Quoted in an active market | Real estate / property - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | Swiss pension plan | Quoted in an active market | Real estate / property - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | Swiss pension plan | Quoted in an active market | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 418 | 476 |
UBS AG | Swiss pension plan | Quoted in an active market | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 2,794 | 3,510 |
UBS AG | Swiss pension plan | Quoted in an active market | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 2,117 | 2,512 |
UBS AG | Swiss pension plan | Quoted in an active market | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 3,395 | 2,877 |
UBS AG | Swiss pension plan | Quoted in an active market | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 598 | 742 |
UBS AG | Swiss pension plan | Quoted in an active market | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 867 | 2,379 |
UBS AG | Swiss pension plan | Quoted in an active market | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 351 | 377 |
UBS AG | Swiss pension plan | Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 6,233 | 6,216 |
UBS AG | Swiss pension plan | Other | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | Swiss pension plan | Other | Real estate / property - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 2,130 | 1,994 |
UBS AG | Swiss pension plan | Other | Real estate / property - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 517 | 328 |
UBS AG | Swiss pension plan | Other | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | Swiss pension plan | Other | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 1,222 | 1,498 |
UBS AG | Swiss pension plan | Other | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | Swiss pension plan | Other | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | Swiss pension plan | Other | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | Swiss pension plan | Other | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 1,997 | 2,010 |
UBS AG | Swiss pension plan | Other | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 367 | 385 |
UBS AG | UK pension plan | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 2,488 | $ 4,297 |
Plan asset allocation % | 100% | 100% |
UBS AG | UK pension plan | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 104 | $ 147 |
Plan asset allocation % | 4% | 3% |
UBS AG | UK pension plan | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1,729 | $ 2,605 |
Plan asset allocation % | 69% | 61% |
UBS AG | UK pension plan | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 297 | $ 372 |
Plan asset allocation % | 12% | 9% |
UBS AG | UK pension plan | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 7 | $ 4 |
Plan asset allocation % | 0% | 0% |
UBS AG | UK pension plan | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 22 | $ 47 |
Plan asset allocation % | 1% | 1% |
UBS AG | UK pension plan | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 366 | $ 921 |
Plan asset allocation % | 15% | 21% |
UBS AG | UK pension plan | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 457 | $ 679 |
Plan asset allocation % | 18% | 16% |
UBS AG | UK pension plan | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1 | $ 12 |
Plan asset allocation % | 0% | 0% |
UBS AG | UK pension plan | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 90 | $ 179 |
Plan asset allocation % | 4% | 4% |
UBS AG | UK pension plan | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 114 | $ 115 |
Plan asset allocation % | 5% | 3% |
UBS AG | UK pension plan | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 64 | $ 122 |
Plan asset allocation % | 3% | 3% |
UBS AG | UK pension plan | Investment funds - Real estate - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 36 | $ 40 |
Plan asset allocation % | 1% | 1% |
UBS AG | UK pension plan | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ (280) | $ (313) |
Plan asset allocation % | (11.00%) | (7.00%) |
UBS AG | UK pension plan | Repurchase agreements | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ (612) | $ (725) |
Plan asset allocation % | (25.00%) | (17.00%) |
UBS AG | UK pension plan | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 94 | $ 91 |
Plan asset allocation % | 4% | 2% |
UBS AG | UK pension plan | Quoted in an active market | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 2,336 | $ 4,074 |
UBS AG | UK pension plan | Quoted in an active market | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 104 | 147 |
UBS AG | UK pension plan | Quoted in an active market | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 1,729 | 2,605 |
UBS AG | UK pension plan | Quoted in an active market | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 297 | 372 |
UBS AG | UK pension plan | Quoted in an active market | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 7 | 4 |
UBS AG | UK pension plan | Quoted in an active market | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 19 | 44 |
UBS AG | UK pension plan | Quoted in an active market | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 366 | 921 |
UBS AG | UK pension plan | Quoted in an active market | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 367 | 532 |
UBS AG | UK pension plan | Quoted in an active market | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 1 | 12 |
UBS AG | UK pension plan | Quoted in an active market | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 90 | 179 |
UBS AG | UK pension plan | Quoted in an active market | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 114 | 115 |
UBS AG | UK pension plan | Quoted in an active market | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 64 | 110 |
UBS AG | UK pension plan | Quoted in an active market | Investment funds - Real estate - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 6 | 6 |
UBS AG | UK pension plan | Quoted in an active market | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | (280) | (313) |
UBS AG | UK pension plan | Quoted in an active market | Repurchase agreements | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | (612) | (725) |
UBS AG | UK pension plan | Quoted in an active market | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 66 | 65 |
UBS AG | UK pension plan | Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 151 | 223 |
UBS AG | UK pension plan | Other | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | UK pension plan | Other | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | UK pension plan | Other | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | UK pension plan | Other | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | UK pension plan | Other | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 3 | 4 |
UBS AG | UK pension plan | Other | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | UK pension plan | Other | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 90 | 147 |
UBS AG | UK pension plan | Other | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | UK pension plan | Other | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | UK pension plan | Other | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | UK pension plan | Other | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 12 |
UBS AG | UK pension plan | Other | Investment funds - Real estate - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 31 | 34 |
UBS AG | UK pension plan | Other | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | UK pension plan | Other | Repurchase agreements | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | UK pension plan | Other | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 27 | 26 |
UBS AG | US and German pension plans | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1,039 | $ 1,329 |
Plan asset allocation % | 100% | 100% |
UBS AG | US and German pension plans | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 7 | $ 11 |
Plan asset allocation % | 1% | 1% |
UBS AG | US and German pension plans | Equity securities - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 55 | $ 79 |
Plan asset allocation % | 5% | 6% |
UBS AG | US and German pension plans | Equity securities - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 24 | $ 31 |
Plan asset allocation % | 2% | 2% |
UBS AG | US and German pension plans | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 359 | $ 486 |
Plan asset allocation % | 35% | 37% |
UBS AG | US and German pension plans | Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 4 | $ 17 |
Plan asset allocation % | 0% | 1% |
UBS AG | US and German pension plans | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 74 | $ 97 |
Plan asset allocation % | 7% | 7% |
UBS AG | US and German pension plans | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 3 | $ 6 |
Plan asset allocation % | 0% | 0% |
UBS AG | US and German pension plans | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 27 | $ 3 |
Plan asset allocation % | 3% | 0% |
UBS AG | US and German pension plans | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 33 | $ 56 |
Plan asset allocation % | 3% | 4% |
UBS AG | US and German pension plans | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 266 | $ 269 |
Plan asset allocation % | 26% | 20% |
UBS AG | US and German pension plans | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 109 | $ 147 |
Plan asset allocation % | 10% | 11% |
UBS AG | US and German pension plans | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 2 | $ 11 |
Plan asset allocation % | 0% | 1% |
UBS AG | US and German pension plans | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 5 | $ 2 |
Plan asset allocation % | 0% | 0% |
UBS AG | US and German pension plans | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 11 | $ 9 |
Plan asset allocation % | 1% | 1% |
UBS AG | US and German pension plans | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 54 | $ 99 |
Plan asset allocation % | 5% | 7% |
UBS AG | US and German pension plans | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 6 | $ 6 |
Plan asset allocation % | 1% | 0% |
UBS AG | US and German pension plans | Quoted in an active market | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1,027 | $ 1,319 |
UBS AG | US and German pension plans | Quoted in an active market | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 7 | 11 |
UBS AG | US and German pension plans | Quoted in an active market | Equity securities - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 55 | 79 |
UBS AG | US and German pension plans | Quoted in an active market | Equity securities - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 24 | 31 |
UBS AG | US and German pension plans | Quoted in an active market | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 359 | 486 |
UBS AG | US and German pension plans | Quoted in an active market | Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 4 | 17 |
UBS AG | US and German pension plans | Quoted in an active market | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 74 | 97 |
UBS AG | US and German pension plans | Quoted in an active market | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 3 | 6 |
UBS AG | US and German pension plans | Quoted in an active market | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 27 | 3 |
UBS AG | US and German pension plans | Quoted in an active market | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 33 | 56 |
UBS AG | US and German pension plans | Quoted in an active market | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 266 | 269 |
UBS AG | US and German pension plans | Quoted in an active market | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 109 | 147 |
UBS AG | US and German pension plans | Quoted in an active market | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 2 | 11 |
UBS AG | US and German pension plans | Quoted in an active market | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 5 | 2 |
UBS AG | US and German pension plans | Quoted in an active market | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Quoted in an active market | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 54 | 99 |
UBS AG | US and German pension plans | Quoted in an active market | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 5 | 5 |
UBS AG | US and German pension plans | Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 12 | 10 |
UBS AG | US and German pension plans | Other | Cash and cash equivalents | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Equity securities - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Equity securities - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Investment funds - Equity - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Investment funds - Equity - Foreign | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Investment funds - Bonds - Domestic, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Investment funds - Bonds - Domestic, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Investment funds - Bonds - Foreign, AAA to BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Investment funds - Bonds - Foreign, below BBB- | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Investment funds - Real estate - Domestic | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 11 | 9 |
UBS AG | US and German pension plans | Other | Investment funds - Other | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | 0 | 0 |
UBS AG | US and German pension plans | Other | Other investments | ||
Disclosure Of Net Defined Benefit Liability Asset [Table] | ||
Fair value | $ 1 | $ 1 |
Defined benefit plans (Detail_5
Defined benefit plans (Detail 11) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Swiss pension plan | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | $ 30,119 | $ 33,975 |
Derivative financial instruments, net of collateral | 8 | (43) |
Swiss pension plan | Bank accounts at UBS | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 337 | 194 |
Swiss pension plan | UBS debt instruments | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 50 | 28 |
Swiss pension plan | UBS shares | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 27 | 25 |
Swiss pension plan | Securities lent to UBS | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 871 | 1,079 |
Swiss pension plan | Property occupied by UBS | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 90 | 93 |
Swiss pension plan | Derivative financial instruments, counterparty UBS | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 76 | 128 |
UK pension plan | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 2,488 | 4,297 |
US and German pension plans | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 1,039 | 1,329 |
UBS AG | Swiss pension plan | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 16,957 | 19,196 |
Derivative financial instruments, net of collateral | (5) | 24 |
UBS AG | Swiss pension plan | Bank accounts at UBS | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 189 | 109 |
UBS AG | Swiss pension plan | UBS debt instruments | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 28 | 16 |
UBS AG | Swiss pension plan | UBS shares | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 15 | 14 |
UBS AG | Swiss pension plan | Securities lent to UBS | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 489 | 608 |
UBS AG | Swiss pension plan | Property occupied by UBS | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 51 | 52 |
UBS AG | Swiss pension plan | Derivative financial instruments, counterparty UBS | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 43 | 72 |
UBS AG | UK pension plan | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | 2,488 | 4,297 |
UBS AG | US and German pension plans | ||
Plan Assets At Fair Value By Plan [Table] | ||
Fair value | $ 1,039 | $ 1,329 |
Defined contribution plans (Nar
Defined contribution plans (Narrative) (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Defined Contribution Plans [Table] | |||
Total employer contributions to defined contribution plans | $ 357 | $ 363 | $ 343 |
UBS AG | |||
Defined Contribution Plans [Table] | |||
Total employer contributions to defined contribution plans | $ 299 | $ 303 | $ 291 |
Related party disclosure (Narra
Related party disclosure (Narrative) (Detail) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Fees | $ 36 | $ 39 |
Fair value | 265 | 252 |
UBS AG | ||
Entity [Table] | ||
Fees | 20 | 22 |
Fair value | $ 253 | $ 241 |
Employee benefits_ variable c_3
Employee benefits: variable compensation (Narrative) (Detail 1) - shares shares in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Table] | ||
Share delivery obligations | 178 | 175 |
Treasury shares available to satisfy share delivery obligations | 119 | 149 |
Deferred Contingent Capital Plan | ||
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Table] | ||
Percentage of awards that GEB members forfeit for each year during the vesting period in which UBS does not achieve an adjusted profit before tax | 20% | |
UBS AG | Deferred Contingent Capital Plan | ||
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Table] | ||
Percentage of awards that GEB members forfeit for each year during the vesting period in which UBS does not achieve an adjusted profit before tax | 20% |
Employee benefits_ variable c_4
Employee benefits: variable compensation (Narrative) (Detail 2) $ in Millions | Dec. 31, 2022 USD ($) yr | Dec. 31, 2021 USD ($) |
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Table] | ||
Carrying amount of liability related to cash-settled share-based awards | $ | $ 43 | $ 37 |
Unvested share-based awards | ||
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Table] | ||
Weighted average remaining contractual term (years) | yr | 2.5 | |
UBS AG | ||
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Table] | ||
Carrying amount of liability related to cash-settled share-based awards | $ | $ 7 | $ 3 |
UBS AG | Unvested share-based awards | ||
Disclosure Of Terms And Conditions Of Sharebased Payment Arrangement [Table] | ||
Weighted average remaining contractual term (years) | yr | 2.5 |
Employee benefits_ variable c_5
Employee benefits: variable compensation - Effect on income statement (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | $ 7,954 | $ 8,280 | $ 7,520 |
Variable compensation deferred to the next and following years | 5,731 | 5,238 | 4,524 |
Variable compensation related to share-based compensation | 703 | 651 | 686 |
Variable compensation related to share-based compensation - performance awards | 480 | 435 | 517 |
Variable compensation related to share-based compensation - other variable compensation | 56 | 59 | 50 |
Variable compensation related to share-based compensation - financial advisor variable compensation | 166 | 157 | 119 |
Variable compensation related to share-based compensation recognized within other personnel expenses categories | 88 | 85 | 100 |
Salaries related to share-based compensation | 4 | 5 | 4 |
Social security related to share-based compensation | 61 | 64 | 54 |
Personnel expenses related to share-based compensation - Equity Plus Plan | 23 | 16 | 42 |
Personnel expenses related to share-based equity-settled compensation excluding social security | 716 | 643 | 691 |
Personnel expenses related to share-based equity-settled compensation excluding social security, before FX effect | 716 | 641 | 691 |
Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 6,608 | 7,155 | 6,012 |
Variable compensation deferred to the next and following years | 2,131 | 2,109 | 1,760 |
Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 1,346 | 1,125 | 1,508 |
Variable compensation deferred to the next and following years | 3,599 | 3,129 | 2,764 |
Variable compensation - performance awards | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 3,205 | 3,190 | 3,209 |
Variable compensation deferred to the next and following years | 1,359 | 1,421 | 1,044 |
Variable compensation - performance awards | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 2,640 | 2,788 | 2,508 |
Variable compensation deferred to the next and following years | 605 | 797 | 756 |
Variable compensation - performance awards | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 566 | 402 | 701 |
Variable compensation deferred to the next and following years | 754 | 624 | 288 |
Non-deferred cash | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 2,260 | 2,373 | 2,141 |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
Non-deferred cash | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 2,276 | 2,383 | 2,167 |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
Non-deferred cash | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | (16) | (10) | (26) |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
Deferred compensation awards | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 945 | 817 | 1,068 |
Variable compensation deferred to the next and following years | 1,359 | 1,421 | 1,044 |
Deferred compensation awards | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 364 | 405 | 341 |
Variable compensation deferred to the next and following years | 605 | 797 | 756 |
Deferred compensation awards | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 581 | 412 | 727 |
Variable compensation deferred to the next and following years | 754 | 624 | 288 |
of which: Equity Ownership Plan | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 437 | 363 | 463 |
Variable compensation deferred to the next and following years | 560 | 577 | 376 |
of which: Equity Ownership Plan | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 202 | 183 | 137 |
Variable compensation deferred to the next and following years | 310 | 393 | 306 |
of which: Equity Ownership Plan | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 235 | 180 | 327 |
Variable compensation deferred to the next and following years | 250 | 184 | 69 |
of which: Deferred Contingent Capital Plan | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 349 | 297 | 463 |
Variable compensation deferred to the next and following years | 654 | 628 | 476 |
of which: Deferred Contingent Capital Plan | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 129 | 140 | 112 |
Variable compensation deferred to the next and following years | 245 | 299 | 280 |
of which: Deferred Contingent Capital Plan | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 219 | 158 | 351 |
Variable compensation deferred to the next and following years | 408 | 329 | 196 |
of which: Long Term Incentive Plan | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 43 | 73 | 54 |
Variable compensation deferred to the next and following years | 71 | 83 | 61 |
of which: Long Term Incentive Plan | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 11 | 54 | 42 |
Variable compensation deferred to the next and following years | 30 | 50 | 50 |
of which: Long Term Incentive Plan | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 32 | 19 | 11 |
Variable compensation deferred to the next and following years | 42 | 33 | 10 |
of which: Fund Ownership Plan | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 116 | 84 | 88 |
Variable compensation deferred to the next and following years | 74 | 133 | 132 |
of which: Fund Ownership Plan | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 21 | 29 | 49 |
Variable compensation deferred to the next and following years | 20 | 56 | 120 |
of which: Fund Ownership Plan | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 95 | 56 | 39 |
Variable compensation deferred to the next and following years | 54 | 78 | 12 |
Variable compensation - other | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 241 | 229 | 220 |
Variable compensation deferred to the next and following years | 430 | 397 | 374 |
Variable compensation - other | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 169 | 191 | 126 |
Variable compensation deferred to the next and following years | 237 | 215 | 181 |
Variable compensation - other | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 71 | 38 | 94 |
Variable compensation deferred to the next and following years | 193 | 182 | 192 |
Variable compensation - financial advisors | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 4,508 | 4,860 | 4,091 |
Variable compensation deferred to the next and following years | 3,942 | 3,419 | 3,106 |
Variable compensation - financial advisors | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 3,799 | 4,175 | 3,378 |
Variable compensation deferred to the next and following years | 1,290 | 1,097 | 822 |
Variable compensation - financial advisors | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 709 | 685 | 713 |
Variable compensation deferred to the next and following years | 2,652 | 2,323 | 2,284 |
of which: non-deferred cash | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 3,481 | 3,853 | 3,154 |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
of which: non-deferred cash | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 3,481 | 3,858 | 3,154 |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
of which: non-deferred cash | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 0 | (6) | 0 |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
of which: deferred share-based awards | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 166 | 157 | 119 |
Variable compensation deferred to the next and following years | 302 | 269 | 214 |
of which: deferred share-based awards | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 104 | 106 | 69 |
Variable compensation deferred to the next and following years | 122 | 123 | 79 |
of which: deferred share-based awards | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 62 | 51 | 50 |
Variable compensation deferred to the next and following years | 180 | 146 | 135 |
of which: deferred cash-based awards | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 400 | 372 | 316 |
Variable compensation deferred to the next and following years | 1,224 | 806 | 738 |
of which: deferred cash-based awards | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 185 | 170 | 133 |
Variable compensation deferred to the next and following years | 588 | 311 | 271 |
of which: deferred cash-based awards | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 215 | 202 | 183 |
Variable compensation deferred to the next and following years | 636 | 495 | 467 |
of which : compensation commitments with recruited financial advisors | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 461 | 479 | 502 |
Variable compensation deferred to the next and following years | 2,416 | 2,344 | 2,155 |
of which : compensation commitments with recruited financial advisors | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 29 | 41 | 22 |
Variable compensation deferred to the next and following years | 580 | 662 | 473 |
of which : compensation commitments with recruited financial advisors | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 432 | 438 | 480 |
Variable compensation deferred to the next and following years | 1,836 | 1,682 | 1,682 |
UBS AG | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 7,636 | 7,973 | 7,246 |
Variable compensation deferred to the next and following years | 5,672 | 5,181 | 4,481 |
Variable compensation related to share-based compensation | 680 | 631 | 666 |
Variable compensation related to share-based compensation - performance awards | 457 | 419 | 498 |
Variable compensation related to share-based compensation - other variable compensation | 56 | 56 | 49 |
Variable compensation related to share-based compensation - financial advisor variable compensation | 166 | 157 | 119 |
Variable compensation related to share-based compensation recognized within other personnel expenses categories | 80 | 77 | 88 |
Salaries related to share-based compensation | 4 | 5 | 4 |
Social security related to share-based compensation | 57 | 59 | 51 |
Personnel expenses related to share-based compensation - Equity Plus Plan | 19 | 13 | 34 |
UBS AG | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 6,304 | 6,863 | 5,765 |
Variable compensation deferred to the next and following years | 2,101 | 2,074 | 1,732 |
UBS AG | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 1,332 | 1,109 | 1,481 |
Variable compensation deferred to the next and following years | 3,571 | 3,107 | 2,749 |
UBS AG | Variable compensation - performance awards | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 2,910 | 2,916 | 2,953 |
Variable compensation deferred to the next and following years | 1,312 | 1,373 | 1,011 |
UBS AG | Variable compensation - performance awards | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 2,358 | 2,525 | 2,278 |
Variable compensation deferred to the next and following years | 582 | 767 | 734 |
UBS AG | Variable compensation - performance awards | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 552 | 391 | 675 |
Variable compensation deferred to the next and following years | 730 | 606 | 277 |
UBS AG | Non-deferred cash | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 2,003 | 2,128 | 1,920 |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
UBS AG | Non-deferred cash | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 2,012 | 2,136 | 1,948 |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
UBS AG | Non-deferred cash | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | (9) | (8) | (29) |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
UBS AG | Deferred compensation awards | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 907 | 788 | 1,034 |
Variable compensation deferred to the next and following years | 1,312 | 1,373 | 1,011 |
UBS AG | Deferred compensation awards | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 346 | 389 | 329 |
Variable compensation deferred to the next and following years | 582 | 767 | 734 |
UBS AG | Deferred compensation awards | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 561 | 399 | 704 |
Variable compensation deferred to the next and following years | 730 | 606 | 277 |
UBS AG | of which: Equity Ownership Plan | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 416 | 350 | 446 |
Variable compensation deferred to the next and following years | 534 | 553 | 365 |
UBS AG | of which: Equity Ownership Plan | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 191 | 175 | 131 |
Variable compensation deferred to the next and following years | 294 | 374 | 298 |
UBS AG | of which: Equity Ownership Plan | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 225 | 174 | 315 |
Variable compensation deferred to the next and following years | 240 | 180 | 67 |
UBS AG | of which: Deferred Contingent Capital Plan | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 334 | 285 | 448 |
Variable compensation deferred to the next and following years | 634 | 608 | 459 |
UBS AG | of which: Deferred Contingent Capital Plan | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 123 | 134 | 108 |
Variable compensation deferred to the next and following years | 238 | 290 | 271 |
UBS AG | of which: Deferred Contingent Capital Plan | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 211 | 151 | 339 |
Variable compensation deferred to the next and following years | 395 | 318 | 189 |
UBS AG | of which: Long Term Incentive Plan | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 41 | 69 | 52 |
Variable compensation deferred to the next and following years | 70 | 79 | 55 |
UBS AG | of which: Long Term Incentive Plan | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 11 | 51 | 41 |
Variable compensation deferred to the next and following years | 30 | 48 | 46 |
UBS AG | of which: Long Term Incentive Plan | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 30 | 17 | 11 |
Variable compensation deferred to the next and following years | 40 | 32 | 9 |
UBS AG | of which: Fund Ownership Plan | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 116 | 84 | 88 |
Variable compensation deferred to the next and following years | 74 | 133 | 132 |
UBS AG | of which: Fund Ownership Plan | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 21 | 29 | 49 |
Variable compensation deferred to the next and following years | 20 | 56 | 120 |
UBS AG | of which: Fund Ownership Plan | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 95 | 55 | 39 |
Variable compensation deferred to the next and following years | 54 | 77 | 12 |
UBS AG | Variable compensation - other | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 217 | 196 | 201 |
Variable compensation deferred to the next and following years | 419 | 388 | 364 |
UBS AG | Variable compensation - other | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 146 | 163 | 109 |
Variable compensation deferred to the next and following years | 230 | 210 | 176 |
UBS AG | Variable compensation - other | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 72 | 33 | 92 |
Variable compensation deferred to the next and following years | 189 | 178 | 189 |
UBS AG | Variable compensation - financial advisors | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 4,508 | 4,860 | 4,091 |
Variable compensation deferred to the next and following years | 3,942 | 3,419 | 3,106 |
UBS AG | Variable compensation - financial advisors | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 3,799 | 4,175 | 3,378 |
Variable compensation deferred to the next and following years | 1,290 | 1,097 | 822 |
UBS AG | Variable compensation - financial advisors | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 709 | 685 | 713 |
Variable compensation deferred to the next and following years | 2,652 | 2,323 | 2,284 |
UBS AG | of which: non-deferred cash | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 3,481 | 3,853 | 3,154 |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
UBS AG | of which: non-deferred cash | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 3,481 | 3,858 | 3,154 |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
UBS AG | of which: non-deferred cash | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 0 | (6) | 0 |
Variable compensation deferred to the next and following years | 0 | 0 | 0 |
UBS AG | of which: deferred share-based awards | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 166 | 157 | 119 |
Variable compensation deferred to the next and following years | 302 | 269 | 214 |
UBS AG | of which: deferred share-based awards | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 104 | 106 | 69 |
Variable compensation deferred to the next and following years | 122 | 123 | 79 |
UBS AG | of which: deferred share-based awards | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 62 | 51 | 50 |
Variable compensation deferred to the next and following years | 180 | 146 | 135 |
UBS AG | of which: deferred cash-based awards | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 400 | 372 | 316 |
Variable compensation deferred to the next and following years | 1,224 | 806 | 738 |
UBS AG | of which: deferred cash-based awards | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 185 | 170 | 133 |
Variable compensation deferred to the next and following years | 588 | 311 | 271 |
UBS AG | of which: deferred cash-based awards | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 215 | 202 | 183 |
Variable compensation deferred to the next and following years | 636 | 495 | 467 |
UBS AG | of which : compensation commitments with recruited financial advisors | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 461 | 479 | 502 |
Variable compensation deferred to the next and following years | 2,416 | 2,344 | 2,155 |
UBS AG | of which : compensation commitments with recruited financial advisors | Related to performance year | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 29 | 41 | 22 |
Variable compensation deferred to the next and following years | 580 | 662 | 473 |
UBS AG | of which : compensation commitments with recruited financial advisors | Related to prior performance years | |||
Income Statement Compensation Items [Table] | |||
Variable compensation for the current year | 432 | 438 | 480 |
Variable compensation deferred to the next and following years | $ 1,836 | $ 1,682 | $ 1,682 |
Employee benefits_ variable c_6
Employee benefits: variable compensation - Movements (Detail) | 12 Months Ended | |
Dec. 31, 2022 USD ($) shares | Dec. 31, 2021 USD ($) shares | |
Entity [Table] | ||
Number of shares outstanding, at the beginning of the year | 180,578,561 | 174,900,395 |
Number of shares awarded during the year | 62,203,770 | 68,721,549 |
Number of share distributions during the year | (54,639,882) | (52,137,287) |
Number of shares forfeited during the year | (6,235,249) | (10,906,096) |
Number of shares outstanding, at the end of the year | 181,907,200 | 180,578,561 |
Number of shares vested for accounting purposes | 102,364,973 | 107,828,979 |
Weighted average grant date fair value of shares outstanding, at the beginning of the year | $ | $ 13 | $ 12 |
Weighted average grant date fair value of shares awarded during the year | $ | 18 | 15 |
Weighted average grant date fair value of share distributions during the year | $ | 12 | 13 |
Weighted average grant date fair value of shares forfeited during the year | $ | 15 | 13 |
Weighted average grant date fair value of shares outstanding, at the end of the year | $ | $ 15 | $ 13 |
UBS AG | ||
Entity [Table] | ||
Number of shares outstanding, at the beginning of the year | 295,921 | 54,557 |
Number of shares awarded during the year | 358,424 | 278,756 |
Number of share distributions during the year | (37,994) | (24,176) |
Number of shares forfeited during the year | (1,923) | (13,215) |
Number of shares outstanding, at the end of the year | 614,428 | 295,921 |
Number of shares vested for accounting purposes | 174,329 | 116,775 |
Weighted average grant date fair value of shares outstanding, at the beginning of the year | $ | $ 15 | $ 13 |
Weighted average grant date fair value of shares awarded during the year | $ | 19 | 15 |
Weighted average grant date fair value of share distributions during the year | $ | 14 | 13 |
Weighted average grant date fair value of shares forfeited during the year | $ | 15 | 15 |
Weighted average grant date fair value of shares outstanding, at the end of the year | $ | $ 17 | $ 15 |
Interests in subsidiaries (Deta
Interests in subsidiaries (Detail 1.1) SFr in Millions, $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 CHF (SFr) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | |
Disclosure Of Significant Investments In Subsidiaries [Table] | |||
Share capital | $ | $ 304 | $ 322 | |
UBS AG Subsidiaries | |||
Disclosure Of Significant Investments In Subsidiaries [Table] | |||
Company | UBS AG | ||
Registered office | Zurich and Basel, Switzerland | ||
Share capital | SFr | SFr 385.8 | ||
Equity interest accumulated in % | 100% | ||
UBS Business Solutions AG | |||
Disclosure Of Significant Investments In Subsidiaries [Table] | |||
Company | UBS Business Solutions AG | ||
Registered office | Zurich, Switzerland | ||
Share capital | SFr | SFr 1 | ||
Equity interest accumulated in % | 100% | ||
UBS AG | |||
Disclosure Of Significant Investments In Subsidiaries [Table] | |||
Share capital | $ | $ 338 | $ 338 |
Interests in subsidiaries (De_2
Interests in subsidiaries (Detail 1.2) € in Millions, SFr in Millions | 12 Months Ended | |||
Dec. 31, 2022 CHF (SFr) | Dec. 31, 2022 EUR (€) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | |
Individually significant subsidiaries of UBS AG | ||||
Share capital | $ 304,000,000 | $ 322,000,000 | ||
UBS Americas Holding LLC | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Americas Holding LLC | |||
Registered office | Wilmington, Delaware, USA | |||
Primary business division | Group Functions | |||
Share capital | 5,150,000,000 | |||
Equity interest accumulated in % | 100% | |||
Common share capital | 1,000 | |||
Preference share capital | 5,150,000,000 | |||
UBS Americas Inc. | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Americas Inc. | |||
Registered office | Wilmington, Delaware, USA | |||
Primary business division | Group Functions | |||
Share capital | 0 | |||
Equity interest accumulated in % | 100% | |||
UBS Asset Management AG | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Asset Management AG | |||
Registered office | Zurich, Switzerland | |||
Primary business division | Asset Management | |||
Share capital | SFr | SFr 43.2 | |||
Equity interest accumulated in % | 100% | |||
UBS Bank USA | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Bank USA | |||
Registered office | Salt Lake City, Utah, USA | |||
Primary business division | Global Wealth Management | |||
Share capital | 0 | |||
Equity interest accumulated in % | 100% | |||
UBS Europe SE | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Europe SE | |||
Registered office | Frankfurt, Germany | |||
Primary business division | Global Wealth Management | |||
Share capital | € | € 446 | |||
Equity interest accumulated in % | 100% | |||
UBS Financial Services Inc. | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Financial Services Inc. | |||
Registered office | Wilmington, Delaware, USA | |||
Primary business division | Global Wealth Management | |||
Share capital | 0 | |||
Equity interest accumulated in % | 100% | |||
UBS Securities LLC | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Securities LLC | |||
Registered office | Wilmington, Delaware, USA | |||
Primary business division | Investment Bank | |||
Share capital | 1,283,100,000 | |||
Equity interest accumulated in % | 100% | |||
Common share capital | 100,000 | |||
Preference share capital | 1,283,000,000 | |||
UBS Switzerland AG | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Switzerland AG | |||
Registered office | Zurich, Switzerland | |||
Primary business division | Personal & Corporate Banking | |||
Share capital | SFr | SFr 10 | |||
Equity interest accumulated in % | 100% | |||
UBS AG | ||||
Individually significant subsidiaries of UBS AG | ||||
Share capital | 338,000,000 | $ 338,000,000 | ||
UBS AG | UBS Americas Holding LLC | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Americas Holding LLC | |||
Registered office | Wilmington, Delaware, USA | |||
Primary business division | Group Functions | |||
Share capital | 5,150,000,000 | |||
Equity interest accumulated in % | 100% | |||
Common share capital | 1,000 | |||
Preference share capital | 5,150,000,000 | |||
UBS AG | UBS Americas Inc. | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Americas Inc. | |||
Registered office | Wilmington, Delaware, USA | |||
Primary business division | Group Functions | |||
Share capital | 0 | |||
Equity interest accumulated in % | 100% | |||
UBS AG | UBS Asset Management AG | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Asset Management AG | |||
Registered office | Zurich, Switzerland | |||
Primary business division | Asset Management | |||
Share capital | 43,200,000 | |||
Equity interest accumulated in % | 100% | |||
UBS AG | UBS Bank USA | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Bank USA | |||
Registered office | Salt Lake City, Utah, USA | |||
Primary business division | Global Wealth Management | |||
Share capital | 0 | |||
Equity interest accumulated in % | 100% | |||
UBS AG | UBS Europe SE | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Europe SE | |||
Registered office | Frankfurt, Germany | |||
Primary business division | Global Wealth Management | |||
Share capital | 446,000,000 | |||
Equity interest accumulated in % | 100% | |||
UBS AG | UBS Financial Services Inc. | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Financial Services Inc. | |||
Registered office | Wilmington, Delaware, USA | |||
Primary business division | Global Wealth Management | |||
Share capital | 0 | |||
Equity interest accumulated in % | 100% | |||
UBS AG | UBS Securities LLC | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Securities LLC | |||
Registered office | Wilmington, Delaware, USA | |||
Primary business division | Investment Bank | |||
Share capital | 1,283,100,000 | |||
Equity interest accumulated in % | 100% | |||
Common share capital | 100,000 | |||
Preference share capital | 1,283,000,000 | |||
UBS AG | UBS Switzerland AG | ||||
Individually significant subsidiaries of UBS AG | ||||
Company | UBS Switzerland AG | |||
Registered office | Zurich, Switzerland | |||
Primary business division | Personal & Corporate Banking | |||
Share capital | $ 10,000,000 | |||
Equity interest accumulated in % | 100% |
Interests in subsidiaries (De_3
Interests in subsidiaries (Detail 2) € in Millions, ¥ in Millions, £ in Millions, SFr in Millions, $ in Millions, $ in Millions, $ in Millions | 12 Months Ended | |||||||
Dec. 31, 2022 AUD ($) | Dec. 31, 2022 CHF (SFr) | Dec. 31, 2022 EUR (€) | Dec. 31, 2022 GBP (£) | Dec. 31, 2022 HKD ($) | Dec. 31, 2022 JPY (¥) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | |
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Share capital | $ 304 | $ 322 | ||||||
UBS Asset Management (Americas) Inc. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Asset Management (Americas) Inc. | |||||||
Registered office | Wilmington, Delaware, USA | |||||||
Primary business division | Asset Management | |||||||
Share capital | 0 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Asset Management (Hong Kong) Limited | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Asset Management (Hong Kong) Limited | |||||||
Registered office | Hong Kong SAR, China | |||||||
Primary business division | Asset Management | |||||||
Share capital | $ 153.8 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Asset Management Life Ltd | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Asset Management Life Ltd | |||||||
Registered office | London, United Kingdom | |||||||
Primary business division | Asset Management | |||||||
Share capital | £ | £ 15 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Asset Management Switzerland AG | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Asset Management Switzerland AG | |||||||
Registered office | Zurich, Switzerland | |||||||
Primary business division | Asset Management | |||||||
Share capital | SFr | SFr 0.5 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Business Solutions US LLC | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Business Solutions US LLC | |||||||
Registered office | Wilmington, Delaware, USA | |||||||
Primary business division | Group Functions | |||||||
Share capital | 0 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Credit Corp. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Credit Corp. | |||||||
Registered office | Wilmington, Delaware, USA | |||||||
Primary business division | Global Wealth Management | |||||||
Share capital | 0 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS (France) SA. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS (France) S.A. | |||||||
Registered office | Paris, France | |||||||
Primary business division | Global Wealth Management | |||||||
Share capital | € | € 197 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Fund Management (Luxembourg) S.A. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Fund Management (Luxembourg) S.A. | |||||||
Registered office | Luxembourg, Luxembourg | |||||||
Primary business division | Asset Management | |||||||
Share capital | € | 13 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Fund Management (Switzerland) AG | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Fund Management (Switzerland) AG | |||||||
Registered office | Basel, Switzerland | |||||||
Primary business division | Asset Management | |||||||
Share capital | SFr | 1 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS (Monaco) S.A. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS (Monaco) S.A. | |||||||
Registered office | Monte Carlo, Monaco | |||||||
Primary business division | Global Wealth Management | |||||||
Share capital | € | 49.2 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS O'Connor LLC | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS O‘Connor LLC | |||||||
Registered office | Wilmington, Delaware, USA | |||||||
Primary business division | Asset Management | |||||||
Share capital | 1 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Realty Investors LLC | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Realty Investors LLC | |||||||
Registered office | Boston, Massachusetts, USA | |||||||
Primary business division | Asset Management | |||||||
Share capital | 9 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Securities Australia Ltd | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Securities Australia Ltd | |||||||
Registered office | Sydney, Australia | |||||||
Primary business division | Investment Bank | |||||||
Share capital | $ 0.3 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Securities Hong Kong Limited | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Securities Hong Kong Limited | |||||||
Registered office | Hong Kong SAR, China | |||||||
Primary business division | Investment Bank | |||||||
Share capital | 3,354.2 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS Securities Japan Co., Ltd. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Securities Japan Co., Ltd. | |||||||
Registered office | Tokyo, Japan | |||||||
Primary business division | Investment Bank | |||||||
Share capital | ¥ | ¥ 34,708.7 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS SuMi TRUST Wealth Management Co., Ltd. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS SuMi TRUST Wealth Management Co., Ltd. | |||||||
Registered office | Tokyo, Japan | |||||||
Primary business division | Global Wealth Management | |||||||
Share capital | ¥ | 5,165 | |||||||
Equity interest accumulated in % | 51% | |||||||
UBS AG | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Share capital | 338 | $ 338 | ||||||
UBS AG | UBS Asset Management (Americas) Inc. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Asset Management (Americas) Inc. | |||||||
Registered office | Wilmington, Delaware, USA | |||||||
Primary business division | Asset Management | |||||||
Share capital | 0 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Asset Management (Hong Kong) Limited | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Asset Management (Hong Kong) Limited | |||||||
Registered office | Hong Kong SAR, China | |||||||
Primary business division | Asset Management | |||||||
Share capital | 153.8 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Asset Management Life Ltd | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Asset Management Life Ltd | |||||||
Registered office | London, United Kingdom | |||||||
Primary business division | Asset Management | |||||||
Share capital | £ | £ 15 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Asset Management Switzerland AG | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Asset Management Switzerland AG | |||||||
Registered office | Zurich, Switzerland | |||||||
Primary business division | Asset Management | |||||||
Share capital | SFr | 0.5 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Business Solutions US LLC | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Business Solutions US LLC | |||||||
Registered office | Wilmington, Delaware, USA | |||||||
Primary business division | Group Functions | |||||||
Share capital | 0 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Credit Corp. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Credit Corp. | |||||||
Registered office | Wilmington, Delaware, USA | |||||||
Primary business division | Global Wealth Management | |||||||
Share capital | 0 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS (France) SA. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS (France) S.A. | |||||||
Registered office | Paris, France | |||||||
Primary business division | Global Wealth Management | |||||||
Share capital | € | 197 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Fund Management (Luxembourg) S.A. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Fund Management (Luxembourg) S.A. | |||||||
Registered office | Luxembourg, Luxembourg | |||||||
Primary business division | Asset Management | |||||||
Share capital | € | 13 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Fund Management (Switzerland) AG | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Fund Management (Switzerland) AG | |||||||
Registered office | Basel, Switzerland | |||||||
Primary business division | Asset Management | |||||||
Share capital | SFr | SFr 1 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS (Monaco) S.A. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS (Monaco) S.A. | |||||||
Registered office | Monte Carlo, Monaco | |||||||
Primary business division | Global Wealth Management | |||||||
Share capital | € | € 49.2 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS O'Connor LLC | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS O‘Connor LLC | |||||||
Registered office | Wilmington, Delaware, USA | |||||||
Primary business division | Asset Management | |||||||
Share capital | 1 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Realty Investors LLC | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Realty Investors LLC | |||||||
Registered office | Boston, Massachusetts, USA | |||||||
Primary business division | Asset Management | |||||||
Share capital | $ 9 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Securities Australia Ltd | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Securities Australia Ltd | |||||||
Registered office | Sydney, Australia | |||||||
Primary business division | Investment Bank | |||||||
Share capital | $ 0.3 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Securities Hong Kong Limited | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Securities Hong Kong Limited | |||||||
Registered office | Hong Kong SAR, China | |||||||
Primary business division | Investment Bank | |||||||
Share capital | $ 3,354.2 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS Securities Japan Co., Ltd. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS Securities Japan Co., Ltd. | |||||||
Registered office | Tokyo, Japan | |||||||
Primary business division | Investment Bank | |||||||
Share capital | ¥ | 34,708.7 | |||||||
Equity interest accumulated in % | 100% | |||||||
UBS AG | UBS SuMi TRUST Wealth Management Co., Ltd. | ||||||||
Disclosure Of Investments In Subsidiaries With Material Group Contribution [Table] | ||||||||
Company | UBS SuMi TRUST Wealth Management Co., Ltd. | |||||||
Registered office | Tokyo, Japan | |||||||
Primary business division | Global Wealth Management | |||||||
Share capital | ¥ | ¥ 5,165 | |||||||
Equity interest accumulated in % | 51% |
Interests in associates and j_2
Interests in associates and joint ventures (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
Carrying amount at the beginning of the year | $ 1,243 | $ 1,557 | |
Additions | 3 | 1 | |
Reclassifications | (44) | (386) | |
Share of comprehensive income | (41) | 150 | |
of which: share of net profit | 32 | 105 | $ 84 |
of which: share of other comprehensive income | (73) | 45 | |
Share of changes in retained earnings | 0 | 1 | |
Dividends received | (31) | (39) | |
Foreign currency translation | (30) | (39) | |
Carrying amount at the end of the year | 1,101 | 1,243 | 1,557 |
Share of profit (loss) of associates | 27 | 79 | |
Share of profit (loss) of joint ventures | 5 | 26 | |
Share of other comprehensive income of associates | (73) | 44 | |
Share of other comprehensive income of joint ventures | 1 | ||
Joint ventures | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
of which: joint ventures | 3 | 43 | |
Mitsubishi Corp.-UBS Realty Inc. | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
Reclassifications | $ 44 | ||
of which: joint ventures | 40 | ||
Proportion of ownership interest in joint venture | 49% | ||
Other joint ventures | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
of which: joint ventures | $ 3 | 3 | |
Associates | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
of which: associates | 1,098 | 1,200 | |
SIX Group AG, Zurich | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
of which: associates | $ 954 | 1,043 | |
Proportion of ownership interest in associate | 17.31% | ||
Clearstream Fund Centre AG | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
Carrying amount at the beginning of the year | $ 386 | ||
Carrying amount at the end of the year | $ 386 | ||
Proportion of ownership interest in associate | 48.80% | ||
Gains (losses) on the sale of subsidiaries | 631 | ||
Other associates | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
of which: associates | 144 | $ 157 | |
UBS AG | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
Carrying amount at the beginning of the year | 1,243 | 1,557 | |
Additions | 3 | 1 | |
Reclassifications | (44) | (386) | |
Share of comprehensive income | (41) | 150 | |
of which: share of net profit | 32 | 105 | 84 |
of which: share of other comprehensive income | (73) | 45 | |
Share of changes in retained earnings | 0 | 1 | |
Dividends received | (31) | (39) | |
Foreign currency translation | (30) | (39) | |
Carrying amount at the end of the year | 1,101 | 1,243 | 1,557 |
Share of profit (loss) of associates | 27 | 79 | |
Share of profit (loss) of joint ventures | 5 | 26 | |
Share of other comprehensive income of associates | (73) | 44 | |
Share of other comprehensive income of joint ventures | 1 | ||
UBS AG | Joint ventures | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
of which: joint ventures | 3 | 43 | |
UBS AG | Mitsubishi Corp.-UBS Realty Inc. | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
Reclassifications | $ 44 | ||
of which: joint ventures | 40 | ||
Proportion of ownership interest in joint venture | 49% | ||
UBS AG | Associates | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
of which: associates | $ 1,098 | 1,200 | |
UBS AG | SIX Group AG, Zurich | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
of which: associates | $ 954 | 1,043 | |
Proportion of ownership interest in associate | 17.31% | ||
UBS AG | Clearstream Fund Centre AG | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
Carrying amount at the beginning of the year | $ 386 | ||
Carrying amount at the end of the year | $ 386 | ||
Proportion of ownership interest in associate | 48.80% | ||
Gains (losses) on the sale of subsidiaries | $ 631 | $ 631 | |
UBS AG | Other associates | |||
Disclosure Of Investments In Associates And Joint Ventures [Table] | |||
of which: associates | $ 144 | $ 157 |
Interests in unconsolidated s_2
Interests in unconsolidated structured entities (Narrative) (Detail) - USD ($) $ in Billions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Sponsored [Member] | Non Existence Of Interest [Member] | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Assets transferred to client vehicles by UBS, at time of transfer | $ 1 | $ 1 |
Assets transferred to client vehicles by third parties, at time of transfer | 3 | 2 |
Total closing net asset value of sponsored investment funds | 38 | 46 |
Interests in Investment funds represented on balance sheet | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Assets held by the unconsolidated structured entities in which UBS had an interest | 139 | 158 |
Interests in Investment funds not represented on balance sheet | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Assets held by the unconsolidated structured entities in which UBS had an interest | 292 | 370 |
UBS AG | Sponsored [Member] | Non Existence Of Interest [Member] | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Assets transferred to client vehicles by UBS, at time of transfer | 1 | 1 |
Assets transferred to client vehicles by third parties, at time of transfer | 3 | 2 |
Total closing net asset value of sponsored investment funds | 38 | 46 |
UBS AG | Interests in Investment funds represented on balance sheet | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Assets held by the unconsolidated structured entities in which UBS had an interest | 95 | 103 |
UBS AG | Interests in Investment funds not represented on balance sheet | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Assets held by the unconsolidated structured entities in which UBS had an interest | $ 336 | $ 425 |
Interests in unconsolidated s_3
Interests in unconsolidated structured entities (Detail 1) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | $ 12,681 | $ 12,588 |
Total liabilities | 798 | 294 |
Financial assets at fair value held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 6,243 | 7,151 |
Total assets | 6,243 | 7,151 |
Derivative financial instruments - assets | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 278 | 205 |
Total assets | 278 | 205 |
Loans and advances to customers | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 119 | 125 |
Total assets | 119 | 125 |
Financial assets at fair value not held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 225 | 257 |
Total assets | 225 | 257 |
Financial assets measured at fair value through other comprehensive income | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 4,849 | |
Total assets | 4,849 | |
Other financial assets measured at amortized cost | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 6,066 | 250 |
Total assets | 5,817 | 1 |
Derivative financial instruments - liabilities | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 2 | |
Total liabilities | 798 | 294 |
Securitization vehicles | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 1,118 | 610 |
Total liabilities | 1 | 2 |
Assets held by the unconsolidated structured entities in which UBS had an interest | 50,000 | 30,000 |
Assets recognised in entity's financial statements in relation to structured entities, which was held in Non-core and Legacy Portfolio unit within Group Functions | 100 | 100 |
Securitization vehicles | Financial assets at fair value held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 278 | 246 |
Securitization vehicles | Derivative financial instruments - assets | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 3 | 5 |
Securitization vehicles | Financial assets at fair value not held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 35 | |
Securitization vehicles | Financial assets measured at fair value through other comprehensive income | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 324 | |
Securitization vehicles | Other financial assets measured at amortized cost | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 837 | |
Securitization vehicles | Derivative financial instruments - liabilities | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total liabilities | 1 | 2 |
Client vehicles | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 5,219 | 4,732 |
Total liabilities | 35 | 11 |
Assets held by the unconsolidated structured entities in which UBS had an interest | 107,000 | 81,000 |
Client vehicles | Financial assets at fair value held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 81 | 162 |
Client vehicles | Derivative financial instruments - assets | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 160 | 45 |
Client vehicles | Financial assets measured at fair value through other comprehensive income | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 4,525 | |
Client vehicles | Other financial assets measured at amortized cost | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 4,977 | 0 |
Client vehicles | Derivative financial instruments - liabilities | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total liabilities | 35 | 11 |
Investment funds | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 6,345 | 7,247 |
Total liabilities | 763 | 281 |
Investment funds | Financial assets at fair value held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 5,884 | 6,743 |
Investment funds | Derivative financial instruments - assets | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 115 | 155 |
Investment funds | Loans and advances to customers | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 119 | 125 |
Investment funds | Financial assets at fair value not held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 225 | 222 |
Investment funds | Other financial assets measured at amortized cost | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 2 | 0 |
Investment funds | Derivative financial instruments - liabilities | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total liabilities | 763 | 281 |
Interests in Investment funds represented on balance sheet | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Assets held by the unconsolidated structured entities in which UBS had an interest | 139,000 | 158,000 |
Interests in Investment funds not represented on balance sheet | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Assets held by the unconsolidated structured entities in which UBS had an interest | 292,000 | 370,000 |
UBS AG | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 12,565 | 12,466 |
Total liabilities | 798 | 294 |
UBS AG | Financial assets at fair value held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 6,243 | 7,151 |
Total assets | 6,243 | 7,151 |
UBS AG | Derivative financial instruments - assets | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 278 | 205 |
Total assets | 278 | 205 |
UBS AG | Loans and advances to customers | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 119 | 125 |
Total assets | 119 | 125 |
UBS AG | Financial assets at fair value not held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 108 | 135 |
Total assets | 108 | 135 |
UBS AG | Financial assets measured at fair value through other comprehensive income | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 4,849 | |
Total assets | 4,849 | |
UBS AG | Other financial assets measured at amortized cost | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 6,066 | 250 |
Total assets | 5,817 | 1 |
UBS AG | Derivative financial instruments - liabilities | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Maximum exposure to loss | 2 | |
Total liabilities | 798 | 294 |
UBS AG | Securitization vehicles | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 1,118 | 610 |
Total liabilities | 1 | 2 |
Assets held by the unconsolidated structured entities in which UBS had an interest | 50,000 | 30,000 |
Assets recognised in entity's financial statements in relation to structured entities, which was held in Non-core and Legacy Portfolio unit within Group Functions | 100 | 100 |
UBS AG | Securitization vehicles | Financial assets at fair value held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 278 | 246 |
UBS AG | Securitization vehicles | Derivative financial instruments - assets | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 3 | 5 |
UBS AG | Securitization vehicles | Financial assets at fair value not held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 35 | |
UBS AG | Securitization vehicles | Financial assets measured at fair value through other comprehensive income | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 324 | |
UBS AG | Securitization vehicles | Other financial assets measured at amortized cost | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 837 | |
UBS AG | Securitization vehicles | Derivative financial instruments - liabilities | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total liabilities | 1 | 2 |
UBS AG | Client vehicles | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 5,219 | 4,732 |
Total liabilities | 35 | 11 |
Assets held by the unconsolidated structured entities in which UBS had an interest | 107,000 | 81,000 |
UBS AG | Client vehicles | Financial assets at fair value held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 81 | 162 |
UBS AG | Client vehicles | Derivative financial instruments - assets | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 160 | 45 |
UBS AG | Client vehicles | Financial assets measured at fair value through other comprehensive income | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 4,525 | |
UBS AG | Client vehicles | Other financial assets measured at amortized cost | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 4,977 | 0 |
UBS AG | Client vehicles | Derivative financial instruments - liabilities | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total liabilities | 35 | 11 |
UBS AG | Investment funds | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 6,228 | 7,124 |
Total liabilities | 763 | 281 |
UBS AG | Investment funds | Financial assets at fair value held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 5,884 | 6,743 |
UBS AG | Investment funds | Derivative financial instruments - assets | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 115 | 155 |
UBS AG | Investment funds | Loans and advances to customers | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 119 | 125 |
UBS AG | Investment funds | Financial assets at fair value not held for trading | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 108 | 100 |
UBS AG | Investment funds | Other financial assets measured at amortized cost | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total assets | 2 | 0 |
UBS AG | Investment funds | Derivative financial instruments - liabilities | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Total liabilities | 763 | 281 |
UBS AG | Interests in Investment funds represented on balance sheet | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Assets held by the unconsolidated structured entities in which UBS had an interest | 95,000 | 103,000 |
UBS AG | Interests in Investment funds not represented on balance sheet | ||
Disclosure Of Unconsolidated Structured Entities [Table] | ||
Assets held by the unconsolidated structured entities in which UBS had an interest | $ 336,000 | $ 425,000 |
Changes in organization and a_2
Changes in organization and acquisitions and disposals of subsidiaries and businesses (Narrative) (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Disclosure Of Changes In Organisation [Table] | |||
Investments in subsidiaries and associates | $ 1,101 | $ 1,243 | $ 1,557 |
Other income other | 391 | 185 | 216 |
Tax expense / (benefit) | $ 1,942 | 1,998 | $ 1,583 |
Assets of disposal groups held for sale | 1,093 | ||
Liabilities of disposal group held for sale | 1,298 | ||
Mitsubishi Corp.-UBS Realty Inc. | |||
Disclosure Of Changes In Organisation [Table] | |||
Proportion of ownership interest in joint venture | 49% | ||
Other income other | $ 848 | ||
UBS Brasil Servicos | |||
Disclosure Of Changes In Organisation [Table] | |||
Decrease in proportion of ownership in subsidiaries that do not result in loss of control | 49.99% | ||
UBS SuMi TRUST Wealth Management Co., Ltd. | |||
Disclosure Of Changes In Organisation [Table] | |||
Proportion of ownership interest in subsidiary | 51% | ||
UBS Wealth Management business in Spain | |||
Disclosure Of Changes In Organisation [Table] | |||
Gains (losses) recognised when control is lost | $ 133 | ||
Other income other | 111 | ||
Assets of disposal groups held for sale | 647 | ||
Liabilities of disposal group held for sale | 823 | ||
UBS Swiss Financial Advisers AG | |||
Disclosure Of Changes In Organisation [Table] | |||
Gains (losses) recognised when control is lost | 86 | ||
Assets of disposal groups held for sale | 446 | ||
Liabilities of disposal group held for sale | $ 475 | ||
UBS US alternative investments administration business | |||
Disclosure Of Changes In Organisation [Table] | |||
Gains (losses) recognised when control is lost | 41 | ||
Wealthfront | |||
Disclosure Of Changes In Organisation [Table] | |||
Value of a note convertible into wealthfront shares purchased by UBS | $ 69.7 | ||
Clearstream Fund Centre AG | |||
Disclosure Of Changes In Organisation [Table] | |||
Proportion of ownership interest in associate | 48.80% | ||
Gains (losses) recognised when control is lost | $ 631 | ||
Investments in subsidiaries and associates | $ 386 | ||
SIX Group AG, Zurich | |||
Disclosure Of Changes In Organisation [Table] | |||
Proportion of ownership interest in associate | 17.31% | ||
UBS AG | |||
Disclosure Of Changes In Organisation [Table] | |||
Investments in subsidiaries and associates | $ 1,101 | 1,243 | 1,557 |
Other income other | 308 | 224 | 267 |
Tax expense / (benefit) | $ 1,844 | 1,903 | 1,488 |
Assets of disposal groups held for sale | 1,093 | ||
Liabilities of disposal group held for sale | $ 1,298 | ||
UBS AG | Mitsubishi Corp.-UBS Realty Inc. | |||
Disclosure Of Changes In Organisation [Table] | |||
Proportion of ownership interest in joint venture | 49% | ||
Other income other | $ 848 | ||
UBS AG | UBS Brasil Servicos | |||
Disclosure Of Changes In Organisation [Table] | |||
Decrease in proportion of ownership in subsidiaries that do not result in loss of control | 49.99% | ||
UBS AG | UBS SuMi TRUST Wealth Management Co., Ltd. | |||
Disclosure Of Changes In Organisation [Table] | |||
Proportion of ownership interest in subsidiary | 51% | ||
UBS AG | UBS Wealth Management business in Spain | |||
Disclosure Of Changes In Organisation [Table] | |||
Gains (losses) recognised when control is lost | $ 133 | ||
Other income other | 111 | ||
Assets of disposal groups held for sale | $ 647 | ||
Liabilities of disposal group held for sale | 823 | ||
UBS AG | UBS Swiss Financial Advisers AG | |||
Disclosure Of Changes In Organisation [Table] | |||
Gains (losses) recognised when control is lost | 86 | ||
Assets of disposal groups held for sale | 446 | ||
Liabilities of disposal group held for sale | $ 475 | ||
UBS AG | UBS US alternative investments administration business | |||
Disclosure Of Changes In Organisation [Table] | |||
Gains (losses) recognised when control is lost | 41 | ||
UBS AG | Wealthfront | |||
Disclosure Of Changes In Organisation [Table] | |||
Value of a note convertible into wealthfront shares purchased by UBS | $ 69.7 | ||
UBS AG | Clearstream Fund Centre AG | |||
Disclosure Of Changes In Organisation [Table] | |||
Proportion of ownership interest in associate | 48.80% | ||
Gains (losses) recognised when control is lost | $ 631 | $ 631 | |
Investments in subsidiaries and associates | $ 386 | ||
UBS AG | SIX Group AG, Zurich | |||
Disclosure Of Changes In Organisation [Table] | |||
Proportion of ownership interest in associate | 17.31% |
Related parties (Narrative) (De
Related parties (Narrative) (Detail) SFr in Millions, $ in Millions | 12 Months Ended | |||||
Dec. 31, 2022 CHF (SFr) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 CHF (SFr) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 CHF (SFr) | Dec. 31, 2020 USD ($) | |
Entity [Table] | ||||||
Payments to external board members | SFr 10.7 | $ 11.1 | SFr 6.9 | $ 7.5 | SFr 6.6 | $ 7 |
UBS AG | ||||||
Entity [Table] | ||||||
Payments to external board members | SFr 10.7 | $ 11.1 | SFr 6.9 | $ 7.5 | SFr 6.6 | $ 7 |
Related parties (Detail 1)
Related parties (Detail 1) SFr in Millions, $ in Millions | 12 Months Ended | |||||
Dec. 31, 2022 CHF (SFr) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 CHF (SFr) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 CHF (SFr) | Dec. 31, 2020 USD ($) | |
Entity [Table] | ||||||
Base salaries and other cash payments | $ 27 | $ 31 | $ 33 | |||
Incentive awards - cash | 17 | 17 | 18 | |||
Annual incentive award under DCCP | 25 | 26 | 27 | |||
Employer's contributions to retirement benefit plans | 2 | 3 | 3 | |||
Benefits in kind, fringe benefits (at market value) | 1 | 1 | 1 | |||
Equity-based compensation | 45 | 45 | 47 | |||
Total | SFr 114 | $ 118 | SFr 113 | $ 124 | SFr 121 | $ 129 |
Applicable performance award currency exchange rate | 0.96 | 0.96 | 0.92 | 0.92 | 0.94 | 0.94 |
UBS AG | ||||||
Entity [Table] | ||||||
Base salaries and other cash payments | $ 26 | $ 30 | $ 31 | |||
Incentive awards - cash | 16 | 17 | 17 | |||
Annual incentive award under DCCP | 23 | 26 | 26 | |||
Employer's contributions to retirement benefit plans | 2 | 2 | 2 | |||
Benefits in kind, fringe benefits (at market value) | 1 | 1 | 1 | |||
Equity-based compensation | 42 | 45 | 45 | |||
Total | SFr 106 | $ 110 | SFr 112 | $ 122 | SFr 115 | $ 122 |
Applicable performance award currency exchange rate | 0.96 | 0.96 | 0.92 | 0.92 | 0.94 | 0.94 |
Related parties (Detail 2)
Related parties (Detail 2) - shares | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Number of shares held by members of the BoD, GEB and parties closely linked to them | 3,009,668 | 4,597,006 |
UBS AG | ||
Entity [Table] | ||
Number of shares held by members of the BoD, GEB and parties closely linked to them | 2,443,562 | 4,175,515 |
Related parties (Detail 3)
Related parties (Detail 3) SFr in Millions, $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 CHF (SFr) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | |
Entity [Table] | |||
Balance at the beginning of the year | SFr 31 | $ 34 | $ 38 |
Additions | 8 | 11 | |
Reductions | (9) | (15) | |
Balance at the end of the year | 31 | 33 | 34 |
UBS AG | |||
Entity [Table] | |||
Balance at the beginning of the year | 25 | 28 | 31 |
Additions | 8 | 11 | |
Reductions | (7) | (15) | |
Balance at the end of the year | SFr 26 | $ 28 | $ 28 |
Related parties (Detail 4)
Related parties (Detail 4) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Carrying amount at the beginning of the year | $ 251 | $ 630 |
Additions | 402 | 133 |
Reductions | (438) | (497) |
Foreign currency translation | 1 | (14) |
Carrying amount at the end of the year | 217 | 251 |
of which: unsecured loans | 209 | 243 |
Other transactions with associates and joint ventures | ||
Payments to associates and joint ventures for goods and services received | 138 | 157 |
Fees received for services provided to associates and joint ventures | 4 | 104 |
Liabilities to associates and joint ventures | 90 | 127 |
Commitments and contingent liabilities to associates and joint ventures | 7 | 7 |
UBS AG | ||
Entity [Table] | ||
Carrying amount at the beginning of the year | 251 | 630 |
Additions | 402 | 133 |
Reductions | (438) | (497) |
Foreign currency translation | 1 | (14) |
Carrying amount at the end of the year | 217 | 251 |
of which: unsecured loans | 209 | 243 |
Other transactions with associates and joint ventures | ||
Payments to associates and joint ventures for goods and services received | 138 | 157 |
Fees received for services provided to associates and joint ventures | 4 | 104 |
Liabilities to associates and joint ventures | 90 | 127 |
Commitments and contingent liabilities to associates and joint ventures | $ 7 | $ 7 |
Related parties (Detail 5)
Related parties (Detail 5) - UBS AG - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
Receivables | ||
Loans and advances to customers | $ 2,807 | $ 1,049 |
Financial assets at fair value held for trading | 146 | 187 |
Other financial assets measured at amortized cost | 147 | 45 |
Payables | ||
Customer deposits | 2,119 | 2,828 |
Funding from UBS Group AG | 56,147 | 57,295 |
Other financial liabilities measured at amortized cost | 1,985 | 1,887 |
Other financial liabilities designated at fair value | $ 1,796 | $ 2,340 |
Invested assets and net new m_3
Invested assets and net new money (Detail 1) - USD ($) $ in Billions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Fund assets managed by UBS | $ 390 | $ 419 | |
Discretionary assets | 1,440 | 1,705 | |
Other invested assets | 2,127 | 2,472 | |
Total invested assets | 3,957 | 4,596 | $ 4,187 |
of which: double counts | 340 | 356 | |
Net new money | 68 | 159 | |
UBS AG | |||
Entity [Table] | |||
Fund assets managed by UBS | 390 | 419 | |
Discretionary assets | 1,440 | 1,705 | |
Other invested assets | 2,127 | 2,472 | |
Total invested assets | 3,957 | 4,596 | $ 4,187 |
of which: double counts | 340 | 356 | |
Net new money | $ 68 | $ 159 |
Invested assets and net new m_4
Invested assets and net new money (Detail 2) - USD ($) $ in Billions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Entity [Table] | ||
Total invested assets at the beginning of the year | $ 4,596 | $ 4,187 |
Net new money | 68 | 159 |
Market movements | (595) | 339 |
Foreign currency translation | (72) | (65) |
Other effects | (40) | (24) |
of which: acquisitions / (divestments) | (19) | (5) |
Total invested assets at the end of the year | 3,957 | 4,596 |
UBS AG | ||
Entity [Table] | ||
Total invested assets at the beginning of the year | 4,596 | 4,187 |
Net new money | 68 | 159 |
Market movements | (595) | 339 |
Foreign currency translation | (72) | (65) |
Other effects | (40) | (24) |
of which: acquisitions / (divestments) | (19) | (5) |
Total invested assets at the end of the year | $ 3,957 | $ 4,596 |
Currency translation rates (Det
Currency translation rates (Detail) | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
1 CHF | |||
FX Rates [Table] | |||
Closing exchange rate | 1.08 | 1.10 | |
Average rate | 1.05 | 1.09 | 1.07 |
1 EUR | |||
FX Rates [Table] | |||
Closing exchange rate | 1.07 | 1.14 | |
Average rate | 1.05 | 1.18 | 1.15 |
1 GBP | |||
FX Rates [Table] | |||
Closing exchange rate | 1.21 | 1.35 | |
Average rate | 1.23 | 1.37 | 1.29 |
100 JPY | |||
FX Rates [Table] | |||
Closing exchange rate | 0.76 | 0.87 | |
Average rate | 0.76 | 0.91 | 0.94 |
UBS AG | 1 CHF | |||
FX Rates [Table] | |||
Closing exchange rate | 1.08 | 1.10 | |
Average rate | 1.05 | 1.09 | 1.07 |
UBS AG | 1 EUR | |||
FX Rates [Table] | |||
Closing exchange rate | 1.07 | 1.14 | |
Average rate | 1.05 | 1.18 | 1.15 |
UBS AG | 1 GBP | |||
FX Rates [Table] | |||
Closing exchange rate | 1.21 | 1.35 | |
Average rate | 1.23 | 1.37 | 1.29 |
UBS AG | 100 JPY | |||
FX Rates [Table] | |||
Closing exchange rate | 0.76 | 0.87 | |
Average rate | 0.76 | 0.91 | 0.94 |
Main differences between IFRS_2
Main differences between IFRS and Swiss GAAP (Narrative) (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Goodwill, maximum useful life for justified exceptional cases (in years) | 10 years |
UBS AG [Member] | |
Entity [Table] | |
Goodwill, maximum useful life for justified exceptional cases (in years) | 10 years |
Supplemental guarantor inform_3
Supplemental guarantor information (Narrative) (Detail) - UBS AG $ in Billions | 12 Months Ended |
Dec. 31, 2022 USD ($) | |
Entity [Table] | |
Joint and several liability | $ 4.3 |
Increase decrease in joint and several liability | $ (1.4) |
Supplemental guarantor consolid
Supplemental guarantor consolidated income statement (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Condensed Income Statement [Table] | |||
Interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | $ 11,782 | $ 8,533 | $ 8,810 |
Interest expense from financial instruments measured at amortized cost | (6,564) | (3,259) | (4,247) |
Net interest income from financial instruments measured at fair value through profit or loss and other | 1,403 | 1,431 | 1,299 |
Net interest income | 6,621 | 6,705 | 5,862 |
Other net income from financial instruments measured at fair value through profit or loss | 7,517 | 5,850 | 6,960 |
Fee and commission income | 20,789 | 24,372 | 20,961 |
Fee and commission expense | (1,823) | (1,985) | (1,775) |
Net fee and commission income | 18,966 | 22,387 | 19,186 |
Other income | 1,459 | 452 | 1,076 |
Total revenues | 34,563 | 35,393 | 33,084 |
Credit loss expense / (release) | 29 | (148) | 694 |
Personnel expenses | 17,680 | 18,387 | 17,224 |
General and administrative expenses | 5,189 | 5,553 | 4,885 |
Depreciation, amortization and impairment of non-financial assets | 2,061 | 2,118 | 2,126 |
Operating expenses | 24,930 | 26,058 | 24,235 |
Operating profit / (loss) before tax | 9,604 | 9,484 | 8,155 |
Tax expense / (benefit) | 1,942 | 1,998 | 1,583 |
Net profit / (loss) | 7,661 | 7,486 | 6,572 |
Profit Loss Attributable To Noncontrolling Interests | 32 | 29 | 15 |
Net profit / (loss) attributable to shareholders | 7,630 | 7,457 | 6,557 |
UBS AG (consolidated) | |||
Condensed Income Statement [Table] | |||
Interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | 11,803 | 8,534 | 8,816 |
Interest expense from financial instruments measured at amortized cost | (6,696) | (3,366) | (4,333) |
Net interest income from financial instruments measured at fair value through profit or loss and other | 1,410 | 1,437 | 1,305 |
Net interest income | 6,517 | 6,605 | 5,788 |
Other net income from financial instruments measured at fair value through profit or loss | 7,493 | 5,844 | 6,930 |
Fee and commission income | 20,846 | 24,422 | 20,982 |
Fee and commission expense | (1,823) | (1,985) | (1,775) |
Net fee and commission income | 19,023 | 22,438 | 19,207 |
Other income | 1,882 | 941 | 1,549 |
Total revenues | 34,915 | 35,828 | 33,474 |
Credit loss expense / (release) | 29 | (148) | 695 |
Personnel expenses | 15,080 | 15,661 | 14,686 |
General and administrative expenses | 9,001 | 9,476 | 8,486 |
Depreciation, amortization and impairment of non-financial assets | 1,845 | 1,875 | 1,909 |
Operating expenses | 25,927 | 27,012 | 25,081 |
Operating profit / (loss) before tax | 8,960 | 8,964 | 7,699 |
Tax expense / (benefit) | 1,844 | 1,903 | 1,488 |
Net profit / (loss) | 7,116 | 7,061 | 6,211 |
Profit Loss Attributable To Noncontrolling Interests | 32 | 29 | 15 |
Net profit / (loss) attributable to shareholders | 7,084 | 7,032 | 6,196 |
UBS AG (consolidated) | Elimination entries | |||
Condensed Income Statement [Table] | |||
Interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | (1,575) | (703) | (818) |
Interest expense from financial instruments measured at amortized cost | 2,093 | 1,025 | 1,134 |
Net interest income from financial instruments measured at fair value through profit or loss and other | (449) | (274) | (273) |
Net interest income | 68 | 48 | 43 |
Other net income from financial instruments measured at fair value through profit or loss | 112 | (83) | 118 |
Fee and commission income | (660) | (770) | (984) |
Fee and commission expense | 652 | 755 | 961 |
Net fee and commission income | (8) | (14) | (23) |
Other income | (8,382) | (8,396) | (5,941) |
Total revenues | (8,210) | (8,445) | (5,803) |
Credit loss expense / (release) | (1) | 24 | 0 |
Personnel expenses | 0 | 1 | 0 |
General and administrative expenses | (2,660) | (2,696) | (2,481) |
Depreciation, amortization and impairment of non-financial assets | (109) | (114) | (115) |
Operating expenses | (2,769) | (2,809) | (2,596) |
Operating profit / (loss) before tax | (5,440) | (5,660) | (3,207) |
Tax expense / (benefit) | 151 | (11) | (107) |
Net profit / (loss) | (5,592) | (5,649) | (3,100) |
Profit Loss Attributable To Noncontrolling Interests | 0 | 0 | 0 |
Net profit / (loss) attributable to shareholders | (5,592) | (5,649) | (3,100) |
UBS AG (consolidated) | UBS AG (standalone) | Reportable legal entities | |||
Condensed Income Statement [Table] | |||
Interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | 4,824 | 3,130 | 3,386 |
Interest expense from financial instruments measured at amortized cost | (5,449) | (2,847) | (3,694) |
Net interest income from financial instruments measured at fair value through profit or loss and other | 881 | 1,229 | 1,103 |
Net interest income | 257 | 1,512 | 794 |
Other net income from financial instruments measured at fair value through profit or loss | 5,541 | 3,751 | 4,857 |
Fee and commission income | 2,875 | 3,837 | 3,731 |
Fee and commission expense | (684) | (810) | (644) |
Net fee and commission income | 2,191 | 3,027 | 3,087 |
Other income | 6,732 | 7,555 | 4,671 |
Total revenues | 14,721 | 15,845 | 13,410 |
Credit loss expense / (release) | (17) | (65) | 352 |
Personnel expenses | 3,251 | 3,401 | 3,458 |
General and administrative expenses | 3,374 | 4,255 | 3,507 |
Depreciation, amortization and impairment of non-financial assets | 871 | 949 | 1,013 |
Operating expenses | 7,496 | 8,605 | 7,978 |
Operating profit / (loss) before tax | 7,242 | 7,305 | 5,079 |
Tax expense / (benefit) | (28) | 203 | 238 |
Net profit / (loss) | 7,270 | 7,102 | 4,840 |
Profit Loss Attributable To Noncontrolling Interests | 0 | 0 | 0 |
Net profit / (loss) attributable to shareholders | 7,270 | 7,102 | 4,840 |
UBS AG (consolidated) | UBS Switzerland AG (standalone) | Reportable legal entities | |||
Condensed Income Statement [Table] | |||
Interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | 3,894 | 3,652 | 3,636 |
Interest expense from financial instruments measured at amortized cost | (736) | (520) | (513) |
Net interest income from financial instruments measured at fair value through profit or loss and other | 546 | 254 | 164 |
Net interest income | 3,704 | 3,386 | 3,288 |
Other net income from financial instruments measured at fair value through profit or loss | 900 | 807 | 911 |
Fee and commission income | 4,865 | 5,204 | 4,585 |
Fee and commission expense | (464) | (481) | (829) |
Net fee and commission income | 4,401 | 4,723 | 3,756 |
Other income | 203 | 221 | 233 |
Total revenues | 9,208 | 9,137 | 8,188 |
Credit loss expense / (release) | 50 | (98) | 286 |
Personnel expenses | 1,995 | 2,098 | 2,017 |
General and administrative expenses | 3,258 | 3,442 | 3,313 |
Depreciation, amortization and impairment of non-financial assets | 340 | 285 | 261 |
Operating expenses | 5,592 | 5,825 | 5,591 |
Operating profit / (loss) before tax | 3,566 | 3,409 | 2,311 |
Tax expense / (benefit) | 638 | 622 | 444 |
Net profit / (loss) | 2,928 | 2,788 | 1,868 |
Profit Loss Attributable To Noncontrolling Interests | 0 | 0 | 0 |
Net profit / (loss) attributable to shareholders | 2,928 | 2,788 | 1,868 |
UBS AG (consolidated) | Other subsidiaries | Reportable legal entities | |||
Condensed Income Statement [Table] | |||
Interest income from financial instruments measured at amortized cost and fair value through other comprehensive income | 4,661 | 2,456 | 2,612 |
Interest expense from financial instruments measured at amortized cost | (2,604) | (1,024) | (1,261) |
Net interest income from financial instruments measured at fair value through profit or loss and other | 431 | 228 | 311 |
Net interest income | 2,488 | 1,660 | 1,662 |
Other net income from financial instruments measured at fair value through profit or loss | 940 | 1,369 | 1,044 |
Fee and commission income | 13,766 | 16,151 | 13,651 |
Fee and commission expense | (1,327) | (1,450) | (1,263) |
Net fee and commission income | 12,439 | 14,702 | 12,388 |
Other income | 3,329 | 1,560 | 2,585 |
Total revenues | 19,197 | 19,291 | 17,679 |
Credit loss expense / (release) | (3) | (10) | 56 |
Personnel expenses | 9,835 | 10,161 | 9,211 |
General and administrative expenses | 5,029 | 4,474 | 4,147 |
Depreciation, amortization and impairment of non-financial assets | 744 | 755 | 750 |
Operating expenses | 15,607 | 15,390 | 14,108 |
Operating profit / (loss) before tax | 3,592 | 3,910 | 3,515 |
Tax expense / (benefit) | 1,083 | 1,090 | 912 |
Net profit / (loss) | 2,509 | 2,820 | 2,603 |
Profit Loss Attributable To Noncontrolling Interests | 32 | 29 | 15 |
Net profit / (loss) attributable to shareholders | $ 2,477 | $ 2,792 | $ 2,588 |
Supplemental guarantor consol_2
Supplemental guarantor consolidated statement of comprehensive income (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | $ 7,661 | $ 7,486 | $ 6,572 |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (5,267) | (2,393) | 2,230 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 772 | 26 | (490) |
Total other comprehensive income | (4,494) | (2,367) | 1,740 |
Total comprehensive income | 3,167 | 5,119 | 8,312 |
Comprehensive income attributable to shareholders | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 7,630 | 7,457 | 6,557 |
Foreign currency translation, net of tax | (525) | (535) | 1,095 |
Financial assets measured at fair value through other comprehensive income, net of tax | 6 | (157) | 136 |
Cash flow hedges, net of tax | (4,793) | (1,675) | 1,011 |
Cost of hedging, net of tax | 45 | (26) | (13) |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (5,267) | (2,393) | 2,230 |
Defined benefit plans, net of tax | (10) | (5) | (218) |
Own credit on financial liabilities designated at fair value, net of tax | 796 | 46 | (293) |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 786 | 42 | (511) |
Total other comprehensive income | (4,481) | (2,351) | 1,719 |
Total comprehensive income | 3,149 | 5,106 | 8,276 |
Comprehensive income attributable to non-controlling interests | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 32 | 29 | 15 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | (14) | (16) | 21 |
Total other comprehensive income | (14) | (16) | 21 |
Total comprehensive income | 18 | 13 | 36 |
UBS AG (consolidated) | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 7,116 | 7,061 | 6,211 |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (5,260) | (2,368) | 2,165 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 864 | 132 | (406) |
Total other comprehensive income | (4,396) | (2,235) | 1,759 |
Total comprehensive income | 2,719 | 4,826 | 7,970 |
UBS AG (consolidated) | Comprehensive income attributable to shareholders | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 7,084 | 7,032 | 6,196 |
Foreign currency translation, net of tax | (519) | (510) | 1,030 |
Financial assets measured at fair value through other comprehensive income, net of tax | 6 | (157) | 136 |
Cash flow hedges, net of tax | (4,793) | (1,675) | 1,011 |
Cost of hedging, net of tax | 45 | (26) | (13) |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (5,260) | (2,368) | 2,165 |
Defined benefit plans, net of tax | 81 | 102 | (134) |
Own credit on financial liabilities designated at fair value, net of tax | 796 | 46 | (293) |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 877 | 148 | (427) |
Total other comprehensive income | (4,383) | (2,220) | 1,738 |
Total comprehensive income | 2,701 | 4,813 | 7,934 |
UBS AG (consolidated) | Comprehensive income attributable to non-controlling interests | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 32 | 29 | 15 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | (14) | (16) | 21 |
Total other comprehensive income | (14) | (16) | 21 |
Total comprehensive income | 18 | 13 | 36 |
UBS AG (consolidated) | Elimination entries | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | (5,592) | (5,649) | (3,100) |
Total comprehensive income | (5,306) | (5,149) | (4,088) |
UBS AG (consolidated) | Elimination entries | Comprehensive income attributable to shareholders | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | (5,592) | (5,649) | (3,100) |
Foreign currency translation, net of tax | 298 | 517 | (969) |
Financial assets measured at fair value through other comprehensive income, net of tax | 0 | 0 | 0 |
Cash flow hedges, net of tax | (12) | (17) | (18) |
Total other comprehensive income that may be reclassified to the income statement, net of tax | 286 | 500 | (988) |
Defined benefit plans, net of tax | 0 | 0 | 0 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 0 | 0 | 0 |
Total other comprehensive income | 286 | 500 | (988) |
Total comprehensive income | (5,306) | (5,149) | (4,088) |
UBS AG (consolidated) | UBS AG (standalone) | Reportable legal entities | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 7,270 | 7,102 | 4,840 |
Total comprehensive income | 5,373 | 6,163 | 5,451 |
UBS AG (consolidated) | UBS AG (standalone) | Reportable legal entities | Comprehensive income attributable to shareholders | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 7,270 | 7,102 | 4,840 |
Foreign currency translation, net of tax | (114) | (1) | 81 |
Financial assets measured at fair value through other comprehensive income, net of tax | (3) | 0 | 0 |
Cash flow hedges, net of tax | (2,791) | (1,129) | 902 |
Cost of hedging, net of tax | 45 | (26) | (13) |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (2,863) | (1,155) | 971 |
Defined benefit plans, net of tax | 170 | 170 | (67) |
Own credit on financial liabilities designated at fair value, net of tax | 796 | 46 | (293) |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 966 | 217 | (360) |
Total other comprehensive income | (1,897) | (939) | 611 |
Total comprehensive income | 5,373 | 6,163 | 5,451 |
UBS AG (consolidated) | UBS Switzerland AG (standalone) | Reportable legal entities | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 2,928 | 2,788 | 1,868 |
Total comprehensive income | 1,261 | 1,954 | 3,015 |
UBS AG (consolidated) | UBS Switzerland AG (standalone) | Reportable legal entities | Comprehensive income attributable to shareholders | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 2,928 | 2,788 | 1,868 |
Foreign currency translation, net of tax | (197) | (419) | 1,228 |
Financial assets measured at fair value through other comprehensive income, net of tax | 0 | 0 | |
Cash flow hedges, net of tax | (1,359) | (279) | 26 |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (1,555) | (699) | 1,254 |
Defined benefit plans, net of tax | (112) | (135) | (107) |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | (112) | (135) | (107) |
Total other comprehensive income | (1,667) | (834) | 1,147 |
Total comprehensive income | 1,261 | 1,954 | 3,015 |
UBS AG (consolidated) | Other subsidiaries | Reportable legal entities | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 2,509 | 2,820 | 2,603 |
Total comprehensive income | 1,391 | 1,858 | 3,592 |
UBS AG (consolidated) | Other subsidiaries | Reportable legal entities | Comprehensive income attributable to shareholders | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Net profit / (loss) | 2,477 | 2,792 | 2,588 |
Foreign currency translation, net of tax | (506) | (607) | 690 |
Financial assets measured at fair value through other comprehensive income, net of tax | 9 | (157) | 137 |
Cash flow hedges, net of tax | (631) | (250) | 101 |
Total other comprehensive income that may be reclassified to the income statement, net of tax | (1,128) | (1,014) | 928 |
Defined benefit plans, net of tax | 23 | 67 | 40 |
Total other comprehensive income that will not be reclassified to the income statement, net of tax | 23 | 67 | 40 |
Total other comprehensive income | (1,104) | (947) | 968 |
Total comprehensive income | 1,373 | 1,845 | 3,556 |
UBS AG (consolidated) | Other subsidiaries | Reportable legal entities | Comprehensive income attributable to non-controlling interests | |||
Condensed Statement Of Comprehensive Income [Table] | |||
Total comprehensive income | $ 18 | $ 13 | $ 36 |
Supplemental guarantor consol_3
Supplemental guarantor consolidated balance sheet (Detail) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 |
Assets | ||||
Cash and balances at central banks | $ 169,445 | $ 192,817 | ||
Loans and advances to banks | 14,792 | 15,480 | ||
Receivables from securities financing transactions | 67,814 | 75,012 | ||
Cash collateral receivables on derivative instruments | 35,032 | 30,514 | ||
Loans and advances to customers | 387,220 | 397,761 | ||
Other financial assets measured at amortized cost | 53,264 | 26,209 | ||
Total financial assets measured at amortized cost | 727,568 | 737,794 | ||
Financial assets at fair value held for trading | 107,866 | 130,821 | ||
of which: assets pledged as collateral that may be sold or repledged by counterparties | 36,742 | 43,397 | ||
Derivative financial instruments | 150,108 | 118,142 | ||
Brokerage receivables | 17,576 | 21,839 | ||
Financial assets at fair value not held for trading | 59,796 | 60,080 | ||
Total financial assets measured at fair value through profit or loss | 335,347 | 330,882 | ||
Financial assets measured at fair value through other comprehensive income | 2,239 | 8,844 | ||
Investments in subsidiaries and associates | 1,101 | 1,243 | $ 1,557 | |
Property, equipment and software | 12,288 | 12,888 | 13,109 | |
Goodwill and intangible assets | 6,267 | 6,378 | ||
Deferred tax assets | 9,389 | 8,876 | ||
Other non-financial assets | 10,166 | 10,277 | ||
Total assets | 1,104,364 | 1,117,182 | 1,125,765 | |
Liabilities | ||||
Amounts due to banks | 11,596 | 13,101 | ||
Payables from securities financing transactions | 4,202 | 5,533 | ||
Cash collateral payables on derivative instruments | 36,436 | 31,798 | ||
Customer deposits | 525,051 | 542,007 | ||
Debt issued measured at amortized cost | 114,621 | 139,155 | ||
Other financial liabilities measured at amortized cost | 9,575 | 9,001 | ||
Total financial liabilities measured at amortized cost | 701,481 | 740,595 | ||
Financial liabilities at fair value held for trading | 29,515 | 31,688 | ||
Derivative financial instruments | 154,906 | 121,309 | ||
Brokerage payables designated at fair value | 45,085 | 44,045 | ||
Debt issued designated at fair value | 73,638 | 73,799 | ||
Other financial liabilities designated at fair value | 30,237 | 30,074 | ||
Total financial liabilities measured at fair value through profit or loss | 333,381 | 300,916 | ||
Provisions | 3,243 | 3,518 | ||
Other non-financial liabilities | 9,040 | 11,151 | ||
Total liabilities | 1,047,146 | 1,056,180 | ||
Equity | ||||
Equity attributable to shareholders | 56,876 | 60,662 | ||
Equity attributable to non-controlling interests | 342 | 340 | ||
Total equity | 57,218 | 61,002 | 59,765 | $ 54,675 |
Total liabilities and equity | 1,104,364 | 1,117,182 | ||
UBS AG (consolidated) | ||||
Assets | ||||
Cash and balances at central banks | 169,445 | 192,817 | ||
Loans and advances to banks | 14,671 | 15,360 | ||
Receivables from securities financing transactions | 67,814 | 75,012 | ||
Cash collateral receivables on derivative instruments | 35,033 | 30,514 | ||
Loans and advances to customers | 390,027 | 398,693 | ||
Other financial assets measured at amortized cost | 53,389 | 26,236 | ||
Total financial assets measured at amortized cost | 730,379 | 738,632 | ||
Financial assets at fair value held for trading | 108,034 | 131,033 | ||
of which: assets pledged as collateral that may be sold or repledged by counterparties | 36,742 | 43,397 | ||
Derivative financial instruments | 150,109 | 118,145 | ||
Brokerage receivables | 17,576 | 21,839 | ||
Financial assets at fair value not held for trading | 59,408 | 59,642 | ||
Total financial assets measured at fair value through profit or loss | 335,127 | 330,659 | ||
Financial assets measured at fair value through other comprehensive income | 2,239 | 8,844 | ||
Investments in subsidiaries and associates | 1,101 | 1,243 | 1,557 | |
Property, equipment and software | 11,316 | 11,712 | 11,958 | |
Goodwill and intangible assets | 6,267 | 6,378 | ||
Deferred tax assets | 9,354 | 8,839 | ||
Other non-financial assets | 9,652 | 9,836 | ||
Total assets | 1,105,436 | 1,116,145 | 1,125,327 | |
Liabilities | ||||
Amounts due to banks | 11,596 | 13,101 | ||
Payables from securities financing transactions | 4,202 | 5,533 | ||
Cash collateral payables on derivative instruments | 36,436 | 31,801 | ||
Customer deposits | 527,171 | 544,834 | ||
Funding from UBS Group AG | 56,147 | 57,295 | ||
Debt issued measured at amortized cost | 59,499 | 82,432 | ||
Other financial liabilities measured at amortized cost | 10,391 | 9,765 | ||
Total financial liabilities measured at amortized cost | 705,442 | 744,762 | ||
Financial liabilities at fair value held for trading | 29,515 | 31,688 | ||
Derivative financial instruments | 154,906 | 121,309 | ||
Brokerage payables designated at fair value | 45,085 | 44,045 | ||
Debt issued designated at fair value | 71,842 | 71,460 | ||
Other financial liabilities designated at fair value | 32,033 | 32,414 | ||
Total financial liabilities measured at fair value through profit or loss | 333,382 | 300,916 | ||
Provisions | 3,183 | 3,452 | ||
Other non-financial liabilities | 6,489 | 8,572 | ||
Total liabilities | 1,048,496 | 1,057,702 | ||
Equity | ||||
Equity attributable to shareholders | 56,598 | 58,102 | ||
Equity attributable to non-controlling interests | 342 | 340 | ||
Total equity | 56,940 | 58,442 | $ 58,073 | $ 53,896 |
Total liabilities and equity | 1,105,436 | 1,116,145 | ||
UBS AG (consolidated) | Elimination entries | ||||
Assets | ||||
Cash and balances at central banks | 0 | |||
Loans and advances to banks | (50,441) | (51,245) | ||
Receivables from securities financing transactions | (18,691) | (21,577) | ||
Cash collateral receivables on derivative instruments | (11,856) | (10,518) | ||
Loans and advances to customers | (31,233) | (26,188) | ||
Other financial assets measured at amortized cost | (2,029) | (1,870) | ||
Total financial assets measured at amortized cost | (114,250) | (111,397) | ||
Financial assets at fair value held for trading | (1,848) | (2,156) | ||
of which: assets pledged as collateral that may be sold or repledged by counterparties | (9,892) | (10,568) | ||
Derivative financial instruments | (40,368) | (35,047) | ||
Brokerage receivables | 0 | (7) | ||
Financial assets at fair value not held for trading | (17,091) | (17,243) | ||
Total financial assets measured at fair value through profit or loss | (59,308) | (54,454) | ||
Financial assets measured at fair value through other comprehensive income | 0 | |||
Investments in subsidiaries and associates | (53,255) | (53,038) | ||
Property, equipment and software | (267) | (293) | ||
Goodwill and intangible assets | 5 | 28 | ||
Deferred tax assets | (16) | |||
Other non-financial assets | 4 | (1) | ||
Total assets | (227,087) | (219,154) | ||
Liabilities | ||||
Amounts due to banks | (118,477) | (105,448) | ||
Payables from securities financing transactions | (18,774) | (21,615) | ||
Cash collateral payables on derivative instruments | (11,800) | (10,458) | ||
Customer deposits | 22,608 | 14,287 | ||
Funding from UBS Group AG | 0 | |||
Debt issued measured at amortized cost | (173) | (73) | ||
Other financial liabilities measured at amortized cost | (2,287) | (2,245) | ||
Total financial liabilities measured at amortized cost | (128,903) | (125,551) | ||
Financial liabilities at fair value held for trading | (1,570) | (2,046) | ||
Derivative financial instruments | (40,363) | (35,063) | ||
Brokerage payables designated at fair value | (7) | (1) | ||
Debt issued designated at fair value | (110) | 14 | ||
Other financial liabilities designated at fair value | (2,928) | (3,167) | ||
Total financial liabilities measured at fair value through profit or loss | (44,977) | (40,263) | ||
Provisions | (2) | (21) | ||
Other non-financial liabilities | 98 | (33) | ||
Total liabilities | (173,785) | (165,868) | ||
Equity | ||||
Equity attributable to shareholders | (53,303) | (53,287) | ||
Equity attributable to non-controlling interests | 0 | |||
Total equity | (53,303) | (53,287) | ||
Total liabilities and equity | (227,087) | (219,154) | ||
UBS AG (consolidated) | UBS AG (standalone) | Reportable legal entities | ||||
Assets | ||||
Cash and balances at central banks | 48,689 | 53,839 | ||
Loans and advances to banks | 39,691 | 39,681 | ||
Receivables from securities financing transactions | 51,493 | 50,566 | ||
Cash collateral receivables on derivative instruments | 35,594 | 29,939 | ||
Loans and advances to customers | 90,168 | 101,458 | ||
Other financial assets measured at amortized cost | 24,005 | 8,902 | ||
Total financial assets measured at amortized cost | 289,641 | 284,385 | ||
Financial assets at fair value held for trading | 95,810 | 116,370 | ||
of which: assets pledged as collateral that may be sold or repledged by counterparties | 41,056 | 47,891 | ||
Derivative financial instruments | 149,447 | 113,426 | ||
Brokerage receivables | 9,763 | 14,563 | ||
Financial assets at fair value not held for trading | 45,302 | 37,532 | ||
Total financial assets measured at fair value through profit or loss | 300,321 | 281,891 | ||
Financial assets measured at fair value through other comprehensive income | 1,953 | 1,007 | ||
Investments in subsidiaries and associates | 54,323 | 54,204 | ||
Property, equipment and software | 5,852 | 6,501 | ||
Goodwill and intangible assets | 213 | 213 | ||
Deferred tax assets | 1,624 | 936 | ||
Other non-financial assets | 6,930 | 5,757 | ||
Total assets | 660,856 | 634,894 | ||
Liabilities | ||||
Amounts due to banks | 41,395 | 34,691 | ||
Payables from securities financing transactions | 9,425 | 16,711 | ||
Cash collateral payables on derivative instruments | 35,528 | 30,260 | ||
Customer deposits | 98,628 | 101,093 | ||
Funding from UBS Group AG | 56,147 | 57,295 | ||
Debt issued measured at amortized cost | 50,706 | 73,045 | ||
Other financial liabilities measured at amortized cost | 4,903 | 4,477 | ||
Total financial liabilities measured at amortized cost | 296,733 | 317,572 | ||
Financial liabilities at fair value held for trading | 25,059 | 25,711 | ||
Derivative financial instruments | 153,778 | 116,588 | ||
Brokerage payables designated at fair value | 32,346 | 30,497 | ||
Debt issued designated at fair value | 71,444 | 70,660 | ||
Other financial liabilities designated at fair value | 17,888 | 11,127 | ||
Total financial liabilities measured at fair value through profit or loss | 300,514 | 254,584 | ||
Provisions | 1,904 | 2,023 | ||
Other non-financial liabilities | 1,630 | 1,799 | ||
Total liabilities | 600,782 | 575,978 | ||
Equity | ||||
Equity attributable to shareholders | 60,075 | 58,916 | ||
Total equity | 60,075 | 58,916 | ||
Total liabilities and equity | 660,856 | 634,894 | ||
UBS AG (consolidated) | UBS Switzerland AG (standalone) | ||||
Assets | ||||
Brokerage receivables | 0 | |||
Financial assets measured at fair value through other comprehensive income | 0 | |||
Goodwill and intangible assets | 0 | |||
Deferred tax assets | 276 | |||
Liabilities | ||||
Funding from UBS Group AG | 0 | |||
Brokerage payables designated at fair value | 0 | |||
Debt issued designated at fair value | 0 | |||
Other financial liabilities designated at fair value | 0 | |||
UBS AG (consolidated) | UBS Switzerland AG (standalone) | Reportable legal entities | ||||
Assets | ||||
Cash and balances at central banks | 84,465 | 91,031 | ||
Loans and advances to banks | 6,357 | 7,066 | ||
Receivables from securities financing transactions | 903 | 5,438 | ||
Cash collateral receivables on derivative instruments | 1,221 | 779 | ||
Loans and advances to customers | 229,861 | 230,170 | ||
Other financial assets measured at amortized cost | 9,532 | 6,828 | ||
Total financial assets measured at amortized cost | 332,339 | 341,312 | ||
Financial assets at fair value held for trading | 173 | 79 | ||
of which: assets pledged as collateral that may be sold or repledged by counterparties | 0 | 0 | ||
Derivative financial instruments | 5,925 | 4,199 | ||
Financial assets at fair value not held for trading | 4,354 | 5,413 | ||
Total financial assets measured at fair value through profit or loss | 10,453 | 9,691 | ||
Investments in subsidiaries and associates | 33 | 37 | ||
Property, equipment and software | 1,654 | 1,456 | ||
Other non-financial assets | 1,768 | 2,424 | ||
Total assets | 346,522 | 354,921 | ||
Liabilities | ||||
Amounts due to banks | 37,123 | 33,453 | ||
Payables from securities financing transactions | 247 | 526 | ||
Cash collateral payables on derivative instruments | 1,518 | 153 | ||
Customer deposits | 273,316 | 286,488 | ||
Debt issued measured at amortized cost | 8,965 | 9,460 | ||
Other financial liabilities measured at amortized cost | 2,221 | 2,477 | ||
Total financial liabilities measured at amortized cost | 323,391 | 332,556 | ||
Financial liabilities at fair value held for trading | 183 | 372 | ||
Derivative financial instruments | 6,177 | 4,053 | ||
Total financial liabilities measured at fair value through profit or loss | 6,360 | 4,425 | ||
Provisions | 239 | 297 | ||
Other non-financial liabilities | 1,019 | 1,278 | ||
Total liabilities | 331,009 | 338,556 | ||
Equity | ||||
Equity attributable to shareholders | 15,513 | 16,365 | ||
Total equity | 15,513 | 16,365 | ||
Total liabilities and equity | 346,522 | 354,921 | ||
UBS AG (consolidated) | Other subsidiaries | ||||
Liabilities | ||||
Debt issued measured at amortized cost | 1 | |||
UBS AG (consolidated) | Other subsidiaries | Reportable legal entities | ||||
Assets | ||||
Cash and balances at central banks | 36,291 | 47,946 | ||
Loans and advances to banks | 19,063 | 19,858 | ||
Receivables from securities financing transactions | 34,110 | 40,585 | ||
Cash collateral receivables on derivative instruments | 10,074 | 10,314 | ||
Loans and advances to customers | 101,231 | 93,252 | ||
Other financial assets measured at amortized cost | 21,880 | 12,377 | ||
Total financial assets measured at amortized cost | 222,649 | 224,332 | ||
Financial assets at fair value held for trading | 13,899 | 16,740 | ||
of which: assets pledged as collateral that may be sold or repledged by counterparties | 5,578 | 6,073 | ||
Derivative financial instruments | 35,106 | 35,567 | ||
Brokerage receivables | 7,814 | 7,283 | ||
Financial assets at fair value not held for trading | 26,843 | 33,940 | ||
Total financial assets measured at fair value through profit or loss | 83,661 | 93,531 | ||
Financial assets measured at fair value through other comprehensive income | 286 | 7,837 | ||
Investments in subsidiaries and associates | 0 | 40 | ||
Property, equipment and software | 4,077 | 4,048 | ||
Goodwill and intangible assets | 6,050 | 6,138 | ||
Deferred tax assets | 7,470 | 7,903 | ||
Other non-financial assets | 951 | 1,656 | ||
Total assets | 325,144 | 345,484 | ||
Liabilities | ||||
Amounts due to banks | 51,555 | 50,405 | ||
Payables from securities financing transactions | 13,303 | 9,910 | ||
Cash collateral payables on derivative instruments | 11,191 | 11,845 | ||
Customer deposits | 132,619 | 142,967 | ||
Other financial liabilities measured at amortized cost | 5,554 | 5,057 | ||
Total financial liabilities measured at amortized cost | 214,222 | 220,184 | ||
Financial liabilities at fair value held for trading | 5,843 | 7,652 | ||
Derivative financial instruments | 35,314 | 35,731 | ||
Brokerage payables designated at fair value | 12,746 | 13,548 | ||
Debt issued designated at fair value | 508 | 785 | ||
Other financial liabilities designated at fair value | 17,074 | 24,454 | ||
Total financial liabilities measured at fair value through profit or loss | 71,484 | 82,171 | ||
Provisions | 1,041 | 1,153 | ||
Other non-financial liabilities | 3,742 | 5,528 | ||
Total liabilities | 290,490 | 309,036 | ||
Equity | ||||
Equity attributable to shareholders | 34,313 | 36,108 | ||
Equity attributable to non-controlling interests | 342 | 340 | ||
Total equity | 34,655 | 36,448 | ||
Total liabilities and equity | $ 325,144 | $ 345,484 |
Supplemental guarantor consol_4
Supplemental guarantor consolidated statement of cash flows (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Condensed Cash Flow Statement [Table] | |||
Net cash flow from / (used in) operating activities | $ 14,647 | $ 31,425 | $ 36,958 |
Cash flow from / (used in) investing activities | |||
Purchase of subsidiaries, associates and intangible assets | (3) | (1) | (46) |
Disposal of subsidiaries, associates and intangible assets | 1,730 | 593 | 674 |
Purchase of property, equipment and software | (1,643) | (1,841) | (1,854) |
Disposal of property, equipment and software | 161 | 295 | 366 |
Purchase of financial assets measured at fair value through other comprehensive income | (4,783) | (5,802) | (6,290) |
Disposal and redemption of financial assets measured at fair value through other comprehensive income | 4,084 | 5,052 | 4,530 |
Net (purchase) / redemption of debt securities measured at amortized cost | (11,993) | (415) | (4,166) |
Net cash flow from / (used in) investing activities | (12,447) | (2,119) | (6,785) |
Cash flow from / (used in) financing activities | |||
Net short-term debt issued / (repaid) | (12,249) | (3,093) | 23,845 |
Distributions paid on UBS shares | (1,668) | (1,301) | (2,607) |
Issuance of debt designated at fair value and long-term debt measured at amortized cost | 79,115 | 98,272 | 80,255 |
Repayment of debt designated at fair value and long-term debt measured at amortized cost | (67,670) | (79,909) | (87,098) |
Net cash flows from other financing activities | (617) | (282) | (575) |
Net cash flow from / (used in) financing activities | (9,094) | 10,345 | 12,432 |
Total cash flow | |||
Cash and cash equivalents at the beginning of the year | 207,875 | 173,531 | 119,873 |
Net cash flow from / (used in) operating, investing and financing activities | (6,895) | 39,651 | 42,605 |
Effects of exchange rate differences on cash and cash equivalents | (5,659) | (5,307) | 11,052 |
Cash and cash equivalents at the end of the year | 195,321 | 207,875 | 173,531 |
Net cash flow from / (used in) operating activities includes: | |||
of which: cash and balances at central banks | 169,363 | 192,706 | 158,088 |
of which: loans and advances to banks | 13,450 | 13,942 | 14,028 |
of which: money market paper | 12,508 | 1,227 | 1,415 |
Restricted cash and cash equivalents | 4,253 | 3,408 | 3,828 |
UBS AG (consolidated) | |||
Condensed Cash Flow Statement [Table] | |||
Net cash flow from / (used in) operating activities | 10,630 | 30,563 | 36,581 |
Cash flow from / (used in) investing activities | |||
Purchase of subsidiaries, associates and intangible assets | (3) | (1) | (46) |
Disposal of subsidiaries, associates and intangible assets | 1,729 | 593 | 674 |
Purchase of property, equipment and software | (1,478) | (1,581) | (1,573) |
Disposal of property, equipment and software | 161 | 295 | 364 |
Purchase of financial assets measured at fair value through other comprehensive income | (4,783) | (5,802) | (6,290) |
Disposal and redemption of financial assets measured at fair value through other comprehensive income | 4,084 | 5,052 | 4,530 |
Net (purchase) / redemption of debt securities measured at amortized cost | (11,993) | (415) | (4,166) |
Net cash flow from / (used in) investing activities | (12,283) | (1,860) | (6,506) |
Cash flow from / (used in) financing activities | |||
Net short-term debt issued / (repaid) | (12,249) | (3,093) | 23,845 |
Distributions paid on UBS shares | (4,200) | (4,539) | (3,848) |
Issuance of debt designated at fair value and long-term debt measured at amortized cost | 79,457 | 98,619 | 80,153 |
Repayment of debt designated at fair value and long-term debt measured at amortized cost | (67,670) | (79,799) | (87,099) |
Net cash flows from other financing activities | (595) | (261) | (553) |
Net activity related to group internal capital transactions and dividends | 0 | 0 | 0 |
Net cash flow from / (used in) financing activities | (5,257) | 10,927 | 12,498 |
Total cash flow | |||
Cash and cash equivalents at the beginning of the year | 207,755 | 173,430 | 119,804 |
Net cash flow from / (used in) operating, investing and financing activities | (6,911) | 39,630 | 42,573 |
Effects of exchange rate differences on cash and cash equivalents | (5,645) | (5,306) | 11,053 |
Cash and cash equivalents at the end of the year | 195,200 | 207,755 | 173,430 |
Net cash flow from / (used in) operating activities includes: | |||
of which: cash and balances at central banks | 169,363 | 192,706 | 158,088 |
of which: loans and advances to banks | 13,329 | 13,822 | 13,928 |
of which: money market paper | 12,508 | 1,227 | 1,415 |
Restricted cash and cash equivalents | 4,253 | 3,408 | 3,828 |
UBS AG (consolidated) | UBS AG (standalone) | Reportable legal entities | |||
Condensed Cash Flow Statement [Table] | |||
Net cash flow from / (used in) operating activities | 17,286 | 5,714 | (14,883) |
Cash flow from / (used in) investing activities | |||
Purchase of subsidiaries, associates and intangible assets | 0 | 0 | 0 |
Disposal of subsidiaries, associates and intangible assets | 157 | 16 | 14 |
Purchase of property, equipment and software | (562) | (656) | (714) |
Disposal of property, equipment and software | 161 | 294 | 361 |
Purchase of financial assets measured at fair value through other comprehensive income | (4,131) | (1,006) | (77) |
Disposal and redemption of financial assets measured at fair value through other comprehensive income | 3,188 | 189 | 79 |
Net (purchase) / redemption of debt securities measured at amortized cost | (8,159) | (807) | (3,021) |
Net cash flow from / (used in) investing activities | (9,346) | (1,970) | (3,357) |
Cash flow from / (used in) financing activities | |||
Net short-term debt issued / (repaid) | (12,215) | (3,073) | 23,828 |
Distributions paid on UBS shares | (4,200) | (4,539) | (3,848) |
Issuance of debt designated at fair value and long-term debt measured at amortized cost | 78,866 | 97,250 | 78,867 |
Repayment of debt designated at fair value and long-term debt measured at amortized cost | (66,526) | (78,385) | (86,204) |
Net cash flows from other financing activities | (258) | (280) | (290) |
Net activity related to group internal capital transactions and dividends | 5,217 | 5,240 | 2,984 |
Net cash flow from / (used in) financing activities | 884 | 16,212 | 15,336 |
Total cash flow | |||
Cash and cash equivalents at the beginning of the year | 57,895 | 39,400 | 39,598 |
Net cash flow from / (used in) operating, investing and financing activities | 8,824 | 19,957 | (2,905) |
Effects of exchange rate differences on cash and cash equivalents | (3,111) | (1,462) | 2,706 |
Cash and cash equivalents at the end of the year | 63,608 | 57,895 | 39,400 |
Net cash flow from / (used in) operating activities includes: | |||
of which: cash and balances at central banks | 48,607 | 53,729 | 34,283 |
of which: loans and advances to banks | 2,957 | 3,258 | 4,085 |
of which: money market paper | 12,044 | 908 | 1,032 |
UBS AG (consolidated) | UBS Switzerland AG | Reportable legal entities | |||
Condensed Cash Flow Statement [Table] | |||
Net cash flow from / (used in) operating activities | (1,165) | 2,131 | 24,661 |
Cash flow from / (used in) investing activities | |||
Purchase of subsidiaries, associates and intangible assets | (3) | (1) | (3) |
Disposal of subsidiaries, associates and intangible assets | 453 | 0 | 0 |
Purchase of property, equipment and software | (292) | (276) | (162) |
Disposal of property, equipment and software | 0 | 0 | 0 |
Purchase of financial assets measured at fair value through other comprehensive income | 0 | 0 | 0 |
Disposal and redemption of financial assets measured at fair value through other comprehensive income | 0 | 0 | 0 |
Net (purchase) / redemption of debt securities measured at amortized cost | (1,820) | 772 | 132 |
Net cash flow from / (used in) investing activities | (1,663) | 495 | (33) |
Cash flow from / (used in) financing activities | |||
Net short-term debt issued / (repaid) | (3) | (21) | 17 |
Distributions paid on UBS shares | 0 | 0 | 0 |
Issuance of debt designated at fair value and long-term debt measured at amortized cost | 550 | 1,177 | 1,057 |
Repayment of debt designated at fair value and long-term debt measured at amortized cost | (860) | (1,093) | (776) |
Net cash flows from other financing activities | 0 | 0 | 0 |
Net activity related to group internal capital transactions and dividends | (2,088) | (537) | (1,307) |
Net cash flow from / (used in) financing activities | (2,401) | (475) | (1,009) |
Total cash flow | |||
Cash and cash equivalents at the beginning of the year | 92,799 | 93,342 | 62,551 |
Net cash flow from / (used in) operating, investing and financing activities | (5,229) | 2,151 | 23,619 |
Effects of exchange rate differences on cash and cash equivalents | (1,338) | (2,693) | 7,171 |
Cash and cash equivalents at the end of the year | 86,232 | 92,799 | 93,342 |
Net cash flow from / (used in) operating activities includes: | |||
of which: cash and balances at central banks | 84,465 | 91,031 | 91,638 |
of which: loans and advances to banks | 1,550 | 1,588 | 1,695 |
of which: money market paper | 216 | 179 | 9 |
UBS AG (consolidated) | Other subsidiaries | Reportable legal entities | |||
Condensed Cash Flow Statement [Table] | |||
Net cash flow from / (used in) operating activities | (5,491) | 22,718 | 26,804 |
Cash flow from / (used in) investing activities | |||
Purchase of subsidiaries, associates and intangible assets | 0 | 0 | (43) |
Disposal of subsidiaries, associates and intangible assets | 1,120 | 577 | 660 |
Purchase of property, equipment and software | (624) | (650) | (697) |
Disposal of property, equipment and software | 0 | 1 | 3 |
Purchase of financial assets measured at fair value through other comprehensive income | (652) | (4,795) | (6,213) |
Disposal and redemption of financial assets measured at fair value through other comprehensive income | 896 | 4,863 | 4,451 |
Net (purchase) / redemption of debt securities measured at amortized cost | (2,013) | (380) | (1,277) |
Net cash flow from / (used in) investing activities | (1,274) | (385) | (3,117) |
Cash flow from / (used in) financing activities | |||
Net short-term debt issued / (repaid) | (31) | 0 | 0 |
Distributions paid on UBS shares | 0 | 0 | 0 |
Issuance of debt designated at fair value and long-term debt measured at amortized cost | 41 | 193 | 229 |
Repayment of debt designated at fair value and long-term debt measured at amortized cost | (284) | (320) | (118) |
Net cash flows from other financing activities | (337) | 20 | (263) |
Net activity related to group internal capital transactions and dividends | (3,128) | (4,702) | (1,677) |
Net cash flow from / (used in) financing activities | (3,740) | (4,811) | (1,829) |
Total cash flow | |||
Cash and cash equivalents at the beginning of the year | 57,061 | 40,689 | 17,655 |
Net cash flow from / (used in) operating, investing and financing activities | (10,505) | 17,523 | 21,859 |
Effects of exchange rate differences on cash and cash equivalents | (1,196) | (1,151) | 1,175 |
Cash and cash equivalents at the end of the year | 45,359 | 57,061 | 40,689 |
Net cash flow from / (used in) operating activities includes: | |||
of which: cash and balances at central banks | 36,291 | 47,946 | 32,167 |
of which: loans and advances to banks | 8,821 | 8,975 | 8,148 |
of which: money market paper | $ 248 | $ 139 | $ 374 |
MD&A - Risk management and co_4
MD&A - Risk management and control - Credit Risk (Narrative) (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Mortgage loan portfolio region Americas | |
Schedule Of Credit Risk [Table] | |
Maximum LTV ratio within the standard approval process for any type of mortgage | 80% |
Minimum LTV ratio within the standard approval process for any type of mortgage | 45% |
Mortgage loan portfolio regions EMEA and Asia Pacific | |
Schedule Of Credit Risk [Table] | |
Maximum LTV ratio within the standard approval process for any type of mortgage | 70% |
Minimum LTV ratio within the standard approval process for any type of mortgage | 30% |
UBS AG | Mortgage loan portfolio region Americas | |
Schedule Of Credit Risk [Table] | |
Maximum LTV ratio within the standard approval process for any type of mortgage | 80% |
Minimum LTV ratio within the standard approval process for any type of mortgage | 45% |
UBS AG | Mortgage loan portfolio regions EMEA and Asia Pacific | |
Schedule Of Credit Risk [Table] | |
Maximum LTV ratio within the standard approval process for any type of mortgage | 70% |
Minimum LTV ratio within the standard approval process for any type of mortgage | 30% |
MD&A - Risk management and co_5
MD&A - Risk management and control - Credit Risk (Detail) | 12 Months Ended |
Dec. 31, 2022 | |
Entity [Table] | |
Internal UBS rating scale and mapping of external ratings [text block] | Internal UBS rating scale Internal UBS rating 1-year PD range in % Description Moody’s Investors Service mapping S&P mapping Fitch mapping 0 and 1 0.00–0.02 Investment grade Aaa AAA AAA 2 0.02–0.05 Aa1 to Aa3 AA+ to AA– AA+ to AA– 3 0.05–0.12 A1 to A3 A+ to A– A+ to A– 4 0.12–0.25 Baa1 to Baa2 BBB+ to BBB BBB+ to BBB 5 0.25–0.50 Baa3 BBB– BBB– 6 0.50–0.80 Sub-investment grade Ba1 BB+ BB+ 7 0.80–1.30 Ba2 BB BB 8 1.30–2.10 Ba3 BB– BB– 9 2.10–3.50 B1 B+ B+ 10 3.50–6.00 B2 B B 11 6.00–10.00 B3 B– B– 12 10.00–17.00 Caa1 to Caa2 CCC+ to CCC CCC+ to CCC 13 >17 Caa3 to C CCC- CCC- Counterparty is in default Default Defaulted D D |
UBS AG | |
Entity [Table] | |
Internal UBS rating scale and mapping of external ratings [text block] | Internal UBS rating scale Internal UBS rating 1-year PD range in % Description Moody’s Investors Service mapping S&P mapping Fitch mapping 0 and 1 0.00–0.02 Investment grade Aaa AAA AAA 2 0.02–0.05 Aa1 to Aa3 AA+ to AA– AA+ to AA– 3 0.05–0.12 A1 to A3 A+ to A– A+ to A– 4 0.12–0.25 Baa1 to Baa2 BBB+ to BBB BBB+ to BBB 5 0.25–0.50 Baa3 BBB– BBB– 6 0.50–0.80 Sub-investment grade Ba1 BB+ BB+ 7 0.80–1.30 Ba2 BB BB 8 1.30–2.10 Ba3 BB– BB– 9 2.10–3.50 B1 B+ B+ 10 3.50–6.00 B2 B B 11 6.00–10.00 B3 B– B– 12 10.00–17.00 Caa1 to Caa2 CCC+ to CCC CCC+ to CCC 13 >17 Caa3 to C CCC- CCC- Counterparty is in default Default Defaulted D D |
MD&A - Risk management and co_6
MD&A - Risk management and control - Market Risk (Narrative) (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Confidence level applied for calculating VaR for internal management purpose | 95% | ||
Confidence level applied for calculating regulatory VaR | 99% | ||
Confidence level applied for calculating SVaR | 99% | ||
Total effect of economic value of equity for equity, goodwill and real estate | $ 19.6 | $ 22.1 | |
Equity instruments held as financial assets at fair value not held for trading and as investments in associates | 3,000 | ||
Equity instruments held as financial assets at fair value not held for trading | 1,900 | ||
Investments in associates | 1,101 | 1,243 | $ 1,557 |
+1 bp | |||
Entity [Table] | |||
Total effect on economic value of equity as per Pillar 3 requirement | $ (25) | (29.9) | |
Parallel up | |||
Entity [Table] | |||
Regulatory Threshold For Outlier Test Of Tier 1 Capital | 15% | ||
Total effect on economic value of equity as per Pillar 3 requirement | $ (4,600) | (6,000) | |
Change in tier 1 capital instruments, immediate effect | $ (400) | $ (1,100) | |
Percentage change in tier 1 capital instruments | 7.90% | 10% | |
Percentage change in tier 1 capital instruments, immediate effect | 0.60% | 1.80% | |
USD | |||
Entity [Table] | |||
Total effect of economic value of equity for equity, goodwill and real estate | $ 14 | $ 15.6 | |
CHF | |||
Entity [Table] | |||
Total effect of economic value of equity for equity, goodwill and real estate | $ 4.8 | 5.5 | |
UBS AG | |||
Entity [Table] | |||
Confidence level applied for calculating VaR for internal management purpose | 95% | ||
Confidence level applied for calculating regulatory VaR | 99% | ||
Confidence level applied for calculating SVaR | 99% | ||
Total effect of economic value of equity for equity, goodwill and real estate | $ 19.6 | 22.1 | |
Equity instruments held as financial assets at fair value not held for trading and as investments in associates | 3,000 | ||
Equity instruments held as financial assets at fair value not held for trading | 1,900 | ||
Investments in associates | 1,101 | 1,243 | $ 1,557 |
UBS AG | +1 bp | |||
Entity [Table] | |||
Total effect on economic value of equity as per Pillar 3 requirement | $ (25) | (29.9) | |
UBS AG | Parallel up | |||
Entity [Table] | |||
Regulatory Threshold For Outlier Test Of Tier 1 Capital | 15% | ||
Total effect on economic value of equity as per Pillar 3 requirement | $ (4,600) | (6,000) | |
Change in tier 1 capital instruments, immediate effect | $ (400) | $ (1,100) | |
Percentage change in tier 1 capital instruments | 7.90% | 10% | |
Percentage change in tier 1 capital instruments, immediate effect | 0.60% | 1.80% | |
UBS AG | USD | |||
Entity [Table] | |||
Total effect of economic value of equity for equity, goodwill and real estate | $ 14 | $ 15.6 | |
UBS AG | CHF | |||
Entity [Table] | |||
Total effect of economic value of equity for equity, goodwill and real estate | $ 4.8 | $ 5.5 |
MD&A - Risk management and co_7
MD&A - Risk management and control - Market Risk (Detail 1) - USD ($) $ in Millions | 12 Months Ended | |
Dec. 31, 2022 | Dec. 31, 2021 | |
Value At Risk [Table] | ||
Management VaR | $ 9 | $ 12 |
Diversification effect | (5) | (5) |
Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 1 | 2 |
Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 8 | 11 |
Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 5 | 4 |
Minimum | ||
Value At Risk [Table] | ||
Management VaR | 6 | 4 |
Minimum | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 1 | 1 |
Minimum | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Minimum | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Minimum | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 6 | 3 |
Minimum | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 3 | 4 |
Maximum | ||
Value At Risk [Table] | ||
Management VaR | 18 | 36 |
Maximum | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 2 | 3 |
Maximum | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Maximum | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Maximum | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 17 | 36 |
Maximum | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 5 | 8 |
Average | ||
Value At Risk [Table] | ||
Management VaR | 11 | 11 |
Diversification effect | (5) | (6) |
Average | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 1 | 1 |
Average | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Average | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Average | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 10 | 11 |
Average | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 4 | 5 |
Equity prices | ||
Value At Risk [Table] | ||
Management VaR | 6 | 8 |
Diversification effect | (1) | 0 |
Equity prices | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Equity prices | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Equity prices | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Equity prices | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 6 | 7 |
Equity prices | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 1 | 0 |
Equity prices | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 2 | 1 |
Equity prices | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 17 | 35 |
Equity prices | Average | ||
Value At Risk [Table] | ||
Management VaR | 6 | 7 |
Interest rate | ||
Value At Risk [Table] | ||
Management VaR | 10 | 11 |
Diversification effect | (3) | (5) |
Interest rate | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 1 | 1 |
Interest rate | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Interest rate | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Interest rate | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 9 | 9 |
Interest rate | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 4 | 4 |
Interest rate | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 8 | 7 |
Interest rate | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 18 | 13 |
Interest rate | Average | ||
Value At Risk [Table] | ||
Management VaR | 10 | 9 |
Credit spreads | ||
Value At Risk [Table] | ||
Management VaR | 4 | 7 |
Diversification effect | (4) | (5) |
Credit spreads | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 1 | 2 |
Credit spreads | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Credit spreads | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Credit spreads | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 5 | 7 |
Credit spreads | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 3 | 4 |
Credit spreads | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 4 | 5 |
Credit spreads | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 9 | 11 |
Credit spreads | Average | ||
Value At Risk [Table] | ||
Management VaR | 5 | 7 |
Foreign exchange | ||
Value At Risk [Table] | ||
Management VaR | 3 | 6 |
Diversification effect | (1) | (1) |
Foreign exchange | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Foreign exchange | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Foreign exchange | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Foreign exchange | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 3 | 3 |
Foreign exchange | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 1 | 1 |
Foreign exchange | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 2 | 1 |
Foreign exchange | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 11 | 9 |
Foreign exchange | Average | ||
Value At Risk [Table] | ||
Management VaR | 3 | 3 |
Commodity | ||
Value At Risk [Table] | ||
Management VaR | 3 | 3 |
Diversification effect | 0 | 0 |
Commodity | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Commodity | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Commodity | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Commodity | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 3 | 3 |
Commodity | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
Commodity | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 2 | 2 |
Commodity | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 7 | 5 |
Commodity | Average | ||
Value At Risk [Table] | ||
Management VaR | 3 | 3 |
UBS AG | ||
Value At Risk [Table] | ||
Management VaR | 9 | 12 |
Diversification effect | (5) | (5) |
UBS AG | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 1 | 2 |
UBS AG | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 8 | 11 |
UBS AG | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 5 | 4 |
UBS AG | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 6 | 4 |
UBS AG | Minimum | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 1 | 1 |
UBS AG | Minimum | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Minimum | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Minimum | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 6 | 3 |
UBS AG | Minimum | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 3 | 4 |
UBS AG | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 18 | 36 |
UBS AG | Maximum | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 2 | 3 |
UBS AG | Maximum | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Maximum | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Maximum | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 17 | 36 |
UBS AG | Maximum | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 5 | 8 |
UBS AG | Average | ||
Value At Risk [Table] | ||
Management VaR | 11 | 11 |
Diversification effect | (5) | (6) |
UBS AG | Average | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 1 | 1 |
UBS AG | Average | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Average | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Average | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 10 | 11 |
UBS AG | Average | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 4 | 5 |
UBS AG | Equity prices | ||
Value At Risk [Table] | ||
Management VaR | 6 | 8 |
Diversification effect | (1) | 0 |
UBS AG | Equity prices | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Equity prices | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Equity prices | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Equity prices | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 6 | 7 |
UBS AG | Equity prices | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 1 | 0 |
UBS AG | Equity prices | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 2 | 1 |
UBS AG | Equity prices | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 17 | 35 |
UBS AG | Equity prices | Average | ||
Value At Risk [Table] | ||
Management VaR | 6 | 7 |
UBS AG | Interest rate | ||
Value At Risk [Table] | ||
Management VaR | 10 | 11 |
Diversification effect | (3) | (5) |
UBS AG | Interest rate | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 1 | 1 |
UBS AG | Interest rate | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Interest rate | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Interest rate | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 9 | 9 |
UBS AG | Interest rate | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 4 | 4 |
UBS AG | Interest rate | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 8 | 7 |
UBS AG | Interest rate | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 18 | 13 |
UBS AG | Interest rate | Average | ||
Value At Risk [Table] | ||
Management VaR | 10 | 9 |
UBS AG | Credit spreads | ||
Value At Risk [Table] | ||
Management VaR | 4 | 7 |
Diversification effect | (4) | (5) |
UBS AG | Credit spreads | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 1 | 2 |
UBS AG | Credit spreads | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Credit spreads | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Credit spreads | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 5 | 7 |
UBS AG | Credit spreads | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 3 | 4 |
UBS AG | Credit spreads | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 4 | 5 |
UBS AG | Credit spreads | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 9 | 11 |
UBS AG | Credit spreads | Average | ||
Value At Risk [Table] | ||
Management VaR | 5 | 7 |
UBS AG | Foreign exchange | ||
Value At Risk [Table] | ||
Management VaR | 3 | 6 |
Diversification effect | (1) | (1) |
UBS AG | Foreign exchange | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Foreign exchange | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Foreign exchange | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Foreign exchange | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 3 | 3 |
UBS AG | Foreign exchange | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 1 | 1 |
UBS AG | Foreign exchange | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 2 | 1 |
UBS AG | Foreign exchange | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 11 | 9 |
UBS AG | Foreign exchange | Average | ||
Value At Risk [Table] | ||
Management VaR | 3 | 3 |
UBS AG | Commodity | ||
Value At Risk [Table] | ||
Management VaR | 3 | 3 |
Diversification effect | 0 | 0 |
UBS AG | Commodity | Global Wealth Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Commodity | Personal & Corporate Banking | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Commodity | Asset Management | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Commodity | Investment Bank | ||
Value At Risk [Table] | ||
Management VaR | 3 | 3 |
UBS AG | Commodity | Group Functions | ||
Value At Risk [Table] | ||
Management VaR | 0 | 0 |
UBS AG | Commodity | Minimum | ||
Value At Risk [Table] | ||
Management VaR | 2 | 2 |
UBS AG | Commodity | Maximum | ||
Value At Risk [Table] | ||
Management VaR | 7 | 5 |
UBS AG | Commodity | Average | ||
Value At Risk [Table] | ||
Management VaR | $ 3 | $ 3 |
MD&A - Risk management and co_8
MD&A - Risk management and control - Market Risk (Detail 2) - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
+1 bp | ||
Interest Rate Sensitivity Of Banking Book [Table] | ||
Total effect on economic value of equity as per Pillar 3 requirement | $ (25) | $ (29.9) |
Parallel up | ||
Interest Rate Sensitivity Of Banking Book [Table] | ||
Total effect on economic value of equity as per Pillar 3 requirement | (4,600) | (6,000) |
UBS AG | +1 bp | ||
Interest Rate Sensitivity Of Banking Book [Table] | ||
Total effect on economic value of equity as per Pillar 3 requirement | (25) | (29.9) |
UBS AG | Parallel up | ||
Interest Rate Sensitivity Of Banking Book [Table] | ||
Total effect on economic value of equity as per Pillar 3 requirement | $ (4,600) | $ (6,000) |
MD&A - Capital management (Narr
MD&A - Capital management (Narrative) (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Entity [Table] | |||
Increase (decrease) in CET1 capital | $ 200 | ||
Operating profit / (loss) before tax | 9,604 | $ 9,484 | $ 8,155 |
Increase (decrease) in CET1 capital through foreign currency translation effects before tax | (500) | ||
Increase (decrease) in CET1 capital through accruals for proposed dividends | (1,700) | ||
Increase (decrease) in CET1 capital through changes in compensation- and own share-related capital components | (300) | ||
Current tax expense / (benefit) | 1,400 | ||
Increase (decrease) in CET1 capital through share repurchases under share repurchase program | (5,600) | ||
Loss-absorbing AT1 capital | 12,900 | ||
Increase (decrease) in loss-absorbing AT1 capital | (2,300) | ||
Decrease in AT1 capital through call of capital instruments | 1,100 | ||
Decrease in AT1 capital through call of capital instruments after the reporting period | 2,000 | ||
Increase in AT1 capital through issuance of capital instruments | 1,800 | ||
TLAC-eligible senior unsecured debt included in gone concern loss-absorbing capacity | 44,000 | ||
Increase (decrease) in gone concern loss-absorbing capacity | 2,700 | ||
Gone concern loss-absorbing capacity | 47,000 | ||
UBS AG | |||
Entity [Table] | |||
Operating profit / (loss) before tax | $ 8,960 | $ 8,964 | $ 7,699 |
MD&A - Capital management (Deta
MD&A - Capital management (Detail 1) - USD ($) $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Entity [Table] | ||||
Total IFRS equity | $ 57,218 | $ 61,002 | $ 59,765 | $ 54,675 |
Equity attributable to non-controlling interests | (342) | (340) | ||
Defined benefit plans, net of tax | (311) | (270) | ||
Deferred tax assets recognized for tax loss carry-forwards | (4,077) | (4,565) | ||
Deferred tax assets on temporary differences, excess over threshold | (64) | (49) | ||
Goodwill, net of tax | (5,754) | (5,838) | ||
Intangible assets, net of tax | (150) | (180) | ||
Compensation-related components (not recognized in net profit) | (2,287) | (1,700) | ||
Expected losses on advanced internal ratings-based portfolio less provisions | (471) | (482) | ||
Unrealized (gains) / losses from cash flow hedges, net of tax | 4,234 | (628) | ||
Own credit related to (gains) / losses on financial liabilities measured at fair value that existed at the balance sheet date, net of tax | (523) | 315 | ||
Own credit related to gains / losses on derivative financial instruments that existed at the balance sheet date | (105) | (50) | ||
Unrealized gains related to debt instruments at fair value through OCI, net of tax | 0 | (68) | ||
Prudential valuation adjustments | (201) | (167) | ||
Accruals for proposed dividends to shareholders | (1,683) | (1,700) | ||
Other | (29) | 1 | ||
Total common equity tier 1 capital | 45,457 | 45,281 | ||
Goodwill related to significant investments in financial institutions | 20 | 22 | ||
UBS AG | ||||
Entity [Table] | ||||
Total IFRS equity | 56,940 | $ 58,442 | $ 58,073 | $ 53,896 |
Equity attributable to non-controlling interests | (342) | |||
Defined benefit plans, net of tax | (311) | |||
Deferred tax assets recognized for tax loss carry-forwards | (4,077) | |||
Deferred tax assets on temporary differences, excess over threshold | (262) | |||
Goodwill, net of tax | (5,754) | |||
Intangible assets, net of tax | (150) | |||
Expected losses on advanced internal ratings-based portfolio less provisions | (471) | |||
Unrealized (gains) / losses from cash flow hedges, net of tax | 4,234 | |||
Own credit related to (gains) / losses on financial liabilities measured at fair value that existed at the balance sheet date, net of tax | (523) | |||
Own credit related to gains / losses on derivative financial instruments that existed at the balance sheet date | (105) | |||
Unrealized gains related to debt instruments at fair value through OCI, net of tax | 0 | |||
Prudential valuation adjustments | (201) | |||
Accruals for proposed dividends to shareholders | (6,000) | |||
Other | (51) | |||
Total common equity tier 1 capital | $ 42,929 |
MD&A - Capital management (De_2
MD&A - Capital management (Detail 2) - USD ($) $ in Millions | 12 Months Ended | |||
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019 | |
Reconciliation Of IFRS Equity To Swiss SRB Common Equity Tier One Capital [Table] | ||||
Total IFRS equity | $ 57,218 | $ 61,002 | $ 59,765 | $ 54,675 |
Equity attributable to non-controlling interests | (342) | (340) | ||
Defined benefit plans, net of tax | (311) | (270) | ||
Deferred tax assets recognized for tax loss carry-forwards | (4,077) | (4,565) | ||
Deferred tax assets on temporary differences, excess over threshold | (64) | (49) | ||
Goodwill, net of tax | (5,754) | (5,838) | ||
Intangible assets, net of tax | (150) | (180) | ||
Compensation-related components (not recognized in net profit) | (2,287) | (1,700) | ||
Expected losses on advanced internal ratings-based portfolio less provisions | (471) | (482) | ||
Unrealized (gains) / losses from cash flow hedges, net of tax | 4,234 | (628) | ||
Own credit related to (gains) / losses on financial liabilities measured at fair value that existed at the balance sheet date, net of tax | (523) | 315 | ||
Own credit related to gains / losses on derivative financial instruments that existed at the balance sheet date | (105) | (50) | ||
Unrealized gains related to debt instruments at fair value through OCI, net of tax | 0 | (68) | ||
Prudential valuation adjustments | (201) | (167) | ||
Accruals for proposed dividends to shareholders | (1,683) | (1,700) | ||
Other | (29) | 1 | ||
Total common equity tier 1 capital | 45,457 | 45,281 | ||
UBS AG | ||||
Reconciliation Of IFRS Equity To Swiss SRB Common Equity Tier One Capital [Table] | ||||
Total IFRS equity | 56,940 | $ 58,442 | $ 58,073 | $ 53,896 |
Equity attributable to non-controlling interests | (342) | |||
Defined benefit plans, net of tax | (311) | |||
Deferred tax assets recognized for tax loss carry-forwards | (4,077) | |||
Deferred tax assets on temporary differences, excess over threshold | (262) | |||
Goodwill, net of tax | (5,754) | |||
Intangible assets, net of tax | (150) | |||
Expected losses on advanced internal ratings-based portfolio less provisions | (471) | |||
Unrealized (gains) / losses from cash flow hedges, net of tax | 4,234 | |||
Own credit related to (gains) / losses on financial liabilities measured at fair value that existed at the balance sheet date, net of tax | (523) | |||
Own credit related to gains / losses on derivative financial instruments that existed at the balance sheet date | (105) | |||
Unrealized gains related to debt instruments at fair value through OCI, net of tax | 0 | |||
Prudential valuation adjustments | (201) | |||
Accruals for proposed dividends to shareholders | (6,000) | |||
Other | (51) | |||
Total common equity tier 1 capital | 42,929 | |||
Differences | ||||
Reconciliation Of IFRS Equity To Swiss SRB Common Equity Tier One Capital [Table] | ||||
Total IFRS equity | 278 | |||
Deferred tax assets on temporary differences, excess over threshold | 198 | |||
Compensation-related components (not recognized in net profit) | (2,287) | |||
Accruals for proposed dividends to shareholders | 4,317 | |||
Other | 22 | |||
Total common equity tier 1 capital | $ 2,528 |
MD&A - UBS shares (Narrative) (
MD&A - UBS shares (Narrative) (Detail) $ in Millions | 12 Months Ended | ||||
Dec. 31, 2022 USD ($) shares | Dec. 31, 2021 USD ($) shares | Dec. 31, 2022 SFr / shares | Dec. 31, 2020 shares | Dec. 31, 2019 shares | |
Entity [Table] | |||||
Par value of shares | SFr / shares | SFr 0.10 | ||||
Equity attributable to shareholders | $ | $ 56,876 | $ 60,662 | |||
Shares issued | 3,524,635,722 | 3,702,422,995 | 3,859,055,395 | 3,859,055,395 | |
Shares issued / (canceled) | (177,787,273) | (156,632,400) | |||
UBS AG | |||||
Entity [Table] | |||||
Par value of shares | SFr / shares | SFr 0.10 | ||||
Equity attributable to shareholders | $ | $ 56,598 | $ 58,102 | |||
Shares issued | 3,858,408,466 | 3,858,408,466 |