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This year’s activity report section, titled ‘A year of controlled growth’, outlines our development in 2025, both geographically and in business, with the expansion of our UK activities, and the scaling up of our structured products and institutional capabilities, as well as increased momentum in Wealth Management.

In dieser Zeit, in der ein neuer Konflikt im Nahen Osten die Karten der globalen Geopolitik neu mischt, erlangt der Schweizer Franken besondere Bedeutung angesichts seines Status als führende Reservewährung. Die strukturelle Stärke des Frankens hat jedoch auch eine Kehrseite.

The prospect of a prolonged Middle East conflict is unsettling financial markets, as investors weigh the potential macroeconomic consequences.

The North Asia head shares her journey of transitioning from closing deals to empowering others through intentional, empathetic leadership.

As a new global order takes shape and regime-change dynamics heighten geopolitical risks, gold remains a strategic allocation amid rising Middle East tensions, while disciplined risk management helps to contain drawdowns.

UBP employees across Asia have been making a meaningful impact in their communities through various volunteering initiatives, showcasing the power of compassion and connection. From Singapore to Hong Kong, their efforts bring joy, support, and hope to those in need.