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Supplemental guarantor consolidated balance sheet (Detail) - USD ($)
$ in Millions
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Assets          
Cash and balances at central banks $ 149,549 $ 139,258 $ 107,068    
Loans and advances to banks 15,544 16,893 12,379    
Receivables from securities financing transactions 85,271 89,648 84,245    
Cash collateral receivables on derivative instruments 30,846 39,549 23,289    
Loans and advances to customers 345,783 339,946 327,992    
Other financial assets measured at amortized cost 27,324 23,907 23,012    
Total financial assets measured at amortized cost 654,318 649,202 577,985    
Financial assets at fair value held for trading 98,155 90,686 127,695    
of which: assets pledged as collateral that may be sold or repledged by counterparties 38,505 31,192 41,285    
Derivative financial instruments [1],[2],[3] 152,010 212,986 121,843    
Brokerage receivables 19,848 20,319 18,007    
Financial assets at fair value not held for trading 94,010 82,490 83,636    
Total financial assets measured at fair value through profit or loss 364,023 406,482 351,181    
Financial assets measured at fair value through other comprehensive income 8,624 7,653 6,345    
Investments in subsidiaries and associates 1,054 1,042 1,051    
Property, equipment and software 11,889 11,812 11,826    
Goodwill and intangible assets 6,414 6,407 6,469    
Deferred tax assets 9,263 9,289 9,513    
Other non-financial assets 7,849 7,299 7,547    
Total assets 1,063,435 1,099,185 971,916    
Liabilities          
Amounts due to banks 12,410 18,822 6,570    
Payables from securities financing transactions 12,019 12,867 7,778    
Cash collateral payables on derivative instruments 36,883 45,649 31,416    
Customer deposits 477,145 468,422 450,591    
Funding from UBS Group AG and its subsidiaries 49,701 [4] 49,192 47,866 [4]    
Debt issued measured at amortized cost [5] 77,186 66,479 62,835    
Other financial liabilities measured at amortized cost 10,103 10,462 10,373    
Total financial liabilities measured at amortized cost 675,446 671,893 617,429    
Financial liabilities at fair value held for trading 34,426 32,572 30,591    
Derivative financial instruments [1],[2],[3] 152,280 206,654 120,880    
Brokerage payables designated at fair value 40,248 37,652 37,233    
Debt issued designated at fair value 57,644 53,040 66,592    
Other financial liabilities designated at fair value 39,131 31,794 36,157    
Total financial liabilities measured at fair value through profit or loss 323,729 361,713 291,452    
Provisions 2,564 2,530 2,938    
Other non-financial liabilities 6,106 5,065 6,168    
Total liabilities 1,007,847 1,041,201 917,988    
Equity          
Equity attributable to shareholders 55,416 57,814 53,754    
Equity attributable to non-controlling interests 173 169 174    
Total equity before the adoption of IFRIC 23         $ 52,432
Total equity 55,589 57,983 53,928 $ 52,529 $ 52,421
Total liabilities and equity 1,063,435 $ 1,099,185 971,916    
Elimination entries          
Assets          
Loans and advances to banks (47,882)   (45,931)    
Receivables from securities financing transactions (26,617)   (27,771)    
Cash collateral receivables on derivative instruments (10,903)   (9,038)    
Loans and advances to customers (22,687)   (17,612)    
Other financial assets measured at amortized cost (2,370)   (2,327)    
Total financial assets measured at amortized cost (110,458)   (102,679)    
Financial assets at fair value held for trading (2,486)   (1,479)    
of which: assets pledged as collateral that may be sold or repledged by counterparties (11,595)   (22,701)    
Derivative financial instruments (43,769)   (30,899)    
Brokerage receivables (1)   (1)    
Financial assets at fair value not held for trading (19,326)   (14,498)    
Total financial assets measured at fair value through profit or loss (65,582)   (46,877)    
Investments in subsidiaries and associates (51,377)   (51,156)    
Property, equipment and software (316)   (385)    
Goodwill and intangible assets 35   35    
Other non-financial assets (162)   (140)    
Total assets (227,860)   (201,202)    
Liabilities          
Amounts due to banks (113,053)   (113,181)    
Payables from securities financing transactions (26,732)   (27,696)    
Cash collateral payables on derivative instruments (10,833)   (9,027)    
Customer deposits 31,296   38,861    
Debt issued measured at amortized cost (78)   (70)    
Other financial liabilities measured at amortized cost (2,865)   (2,844)    
Total financial liabilities measured at amortized cost (122,265)   (113,956)    
Financial liabilities at fair value held for trading (2,303)   (1,317)    
Derivative financial instruments (43,757)   (30,852)    
Brokerage payables designated at fair value (7)   (3)    
Debt issued designated at fair value (40)   (38)    
Other financial liabilities designated at fair value (8,088)   (3,445)    
Total financial liabilities measured at fair value through profit or loss (54,194)   (35,655)    
Provisions (17)        
Other non-financial liabilities 106   21    
Total liabilities (176,370)   (149,591)    
Equity          
Equity attributable to shareholders (51,490)   (51,611)    
Total equity (51,490)   (51,611)    
Total liabilities and equity (227,860)   (201,202)    
UBS AG (standalone) | Reportable legal entities          
Assets          
Cash and balances at central banks [6] 51,258   36,386 [7]    
Loans and advances to banks [6] 36,886   32,888 [7]    
Receivables from securities financing transactions [6] 60,577   56,946 [7]    
Cash collateral receivables on derivative instruments [6] 29,262   22,830 [7]    
Loans and advances to customers [6] 95,491   88,386 [7]    
Other financial assets measured at amortized cost [6] 8,856   5,723 [7]    
Total financial assets measured at amortized cost [6] 282,331   243,159 [7]    
Financial assets at fair value held for trading [6] 83,227   113,802 [7]    
of which: assets pledged as collateral that may be sold or repledged by counterparties [6] 42,186   58,599 [7]    
Derivative financial instruments [6] 145,995   118,708 [7]    
Brokerage receivables [6] 13,134   11,453 [7]    
Financial assets at fair value not held for trading [6] 53,515   49,525 [7]    
Total financial assets measured at fair value through profit or loss [6] 295,872   293,488 [7]    
Financial assets measured at fair value through other comprehensive income [6] 162   176 [7]    
Investments in subsidiaries and associates [6] 52,355   52,140 [7]    
Property, equipment and software [6] 7,113   7,318 [7]    
Goodwill and intangible assets [6] 220   222 [7]    
Deferred tax assets [6] 588   618 [7]    
Other non-financial assets [6] 5,159   5,060 [7]    
Total assets [6] 643,798   602,181 [7]    
Liabilities          
Amounts due to banks [6] 50,545   55,738 [7]    
Payables from securities financing transactions [6] 15,041   21,326 [7]    
Cash collateral payables on derivative instruments [6] 35,569   30,571 [7]    
Customer deposits [6] 86,983   85,954 [7]    
Funding from UBS Group AG and its subsidiaries [4],[6] 49,701   47,866 [7]    
Debt issued measured at amortized cost [6] 68,459   54,317 [7]    
Other financial liabilities measured at amortized cost [6] 5,148   5,347 [7]    
Total financial liabilities measured at amortized cost [6] 311,446   301,119 [7]    
Financial liabilities at fair value held for trading [6] 29,709   25,292 [7]    
Derivative financial instruments [6] 146,606   117,597 [7]    
Brokerage payables designated at fair value [6] 24,854   25,358 [7]    
Debt issued designated at fair value [6] 56,866   65,677 [7]    
Other financial liabilities designated at fair value [6] 14,430   8,571 [7]    
Total financial liabilities measured at fair value through profit or loss [6] 272,464   242,495 [7]    
Provisions [6] 1,145   1,101 [7]    
Other non-financial liabilities [6] 1,877   1,657 [7]    
Total liabilities [6] 586,933   546,372 [7]    
Equity          
Equity attributable to shareholders [6] 56,865   55,808 [7]    
Total equity [6] 56,865   55,808 [7]    
Total liabilities and equity [6] 643,798   602,181 [7]    
UBS AG (standalone) | Reportable legal entities | Increase (decrease) due to change how UBS AG accounts for its investments in associates from at cost less impairment to the equity method of accounting          
Assets          
Investments in subsidiaries and associates     929    
Equity          
Equity attributable to shareholders     914    
UBS Switzerland AG (standalone) | Reportable legal entities          
Assets          
Cash and balances at central banks [6] 77,212   60,926    
Loans and advances to banks [6] 6,357   7,992    
Receivables from securities financing transactions [6] 2,024   12,536    
Cash collateral receivables on derivative instruments [6] 1,176   990    
Loans and advances to customers [6] 208,911   193,543    
Other financial assets measured at amortized cost [6] 8,283   8,168    
Total financial assets measured at amortized cost [6] 303,964   284,154    
Financial assets at fair value held for trading [6] 195   53    
of which: assets pledged as collateral that may be sold or repledged by counterparties [6] 0   0    
Derivative financial instruments [6] 5,482   4,251    
Financial assets at fair value not held for trading [6] 12,720   6,701    
Total financial assets measured at fair value through profit or loss [6] 18,396   11,004    
Investments in subsidiaries and associates [6] 30   28    
Property, equipment and software [6] 1,252   1,144    
Deferred tax assets [6]     0    
Other non-financial assets [6] 2,016   1,770    
Total assets [6] 325,658   298,101    
Liabilities          
Amounts due to banks [6] 31,811   28,240    
Payables from securities financing transactions [6] 687   565    
Cash collateral payables on derivative instruments [6] 136   98    
Customer deposits [6] 260,966   239,226    
Debt issued measured at amortized cost [6] 8,801   8,583    
Other financial liabilities measured at amortized cost [6] 2,807   2,666    
Total financial liabilities measured at amortized cost [6] 305,208   279,379    
Financial liabilities at fair value held for trading [6] 648   383    
Derivative financial instruments [6] 5,058   4,046    
Total financial liabilities measured at fair value through profit or loss [6] 5,706   4,429    
Provisions [6] 270   196    
Other non-financial liabilities [6] 906   931    
Total liabilities [6] 312,090   284,936    
Equity          
Equity attributable to shareholders [6] 13,568   13,165    
Total equity [6] 13,568   13,165    
Total liabilities and equity [6] 325,658   298,101    
Other subsidiaries | Reportable legal entities          
Assets          
Cash and balances at central banks [8] 21,078   9,756    
Loans and advances to banks [8] 20,183   17,430    
Receivables from securities financing transactions [8] 49,286   42,534    
Cash collateral receivables on derivative instruments [8] 11,311   8,508    
Loans and advances to customers [8] 64,068   63,676    
Other financial assets measured at amortized cost [8] 12,555   11,448    
Total financial assets measured at amortized cost [8] 178,481   153,351    
Financial assets at fair value held for trading [8] 17,219   15,320    
of which: assets pledged as collateral that may be sold or repledged by counterparties [8] 7,914   5,386    
Derivative financial instruments [8] 44,302   29,782    
Brokerage receivables [8] 6,716   6,556    
Financial assets at fair value not held for trading [8] 47,101   41,908    
Total financial assets measured at fair value through profit or loss [8] 115,338   93,565    
Financial assets measured at fair value through other comprehensive income [8] 8,462   6,169    
Investments in subsidiaries and associates [8] 46   39    
Property, equipment and software [8] 3,841   3,749    
Goodwill and intangible assets [8] 6,160   6,212    
Deferred tax assets [8] 8,676   8,895    
Other non-financial assets [8] 836   857    
Total assets [8] 321,839   272,837    
Liabilities          
Amounts due to banks [8] 43,107   35,773    
Payables from securities financing transactions [8] 23,023   13,583    
Cash collateral payables on derivative instruments [8] 12,011   9,773    
Customer deposits [8] 97,899   86,550    
Debt issued measured at amortized cost [8] 4   5    
Other financial liabilities measured at amortized cost [8] 5,013   5,204    
Total financial liabilities measured at amortized cost [8] 181,057   150,888    
Financial liabilities at fair value held for trading [8] 6,373   6,233    
Derivative financial instruments [8] 44,373   30,089    
Brokerage payables designated at fair value [8] 15,401   11,877    
Debt issued designated at fair value [8] 817   952    
Other financial liabilities designated at fair value [8] 32,789   31,031    
Total financial liabilities measured at fair value through profit or loss [8] 99,753   80,184    
Provisions [8] 1,166   1,641    
Other non-financial liabilities [8] 3,217   3,559    
Total liabilities [8] 285,194   236,271    
Equity          
Equity attributable to shareholders [8] 36,473   36,391    
Equity attributable to non-controlling interests [8] 173   174    
Total equity [8] 36,645   36,566    
Total liabilities and equity [8] $ 321,839   $ 272,837    
[1]
Derivative financial liabilities as of 30 June 2020 include USD 35 million related to derivative loan commitments (31 March 2020: USD 43 million; 31 December 2019: USD 17 million). No notional amounts related to these commitments are included in this table, but they are disclosed in Note 16, under Loan commitments
[2]
Financial assets and liabilities are presented net on the balance sheet if UBS AG has the unconditional and legally enforceable right to offset the recognized amounts, both in the normal course of business and in the event of default, bankruptcy or insolvency of the entity and all of the counterparties, and intends either to settle on a net basis or to realize the asset and settle the liability simultaneously.
[3]
Includes certain forward starting repurchase and reverse repurchase agreements that are classified as measured at fair value through profit or loss and are recognized within derivative instruments. The fair value of these derivative instruments was not material for any periods presented. No notional amounts related to these instruments are included in this table, but they are disclosed in Note 16, under Forward starting transactions.
[4]
Represents funding from UBS Group AG to UBS AG.
[5]
Net of bifurcated embedded derivatives, the fair value of which was not material for the periods presented.
[6]
Amounts presented for UBS AG standalone and UBS Switzerland AG standalone represent IFRS standalone information. Refer to the UBS AG standalone and UBS Switzerland AG standalone financial statements under “Complementary financial information” at www.ubs.com/investors for information prepared in accordance with Swiss GAAP
[7]
Effective from the second quarter of 2020, UBS AG accounts for its investments in associates under the equity method of accounting and no longer at cost less impairment. The new measurement policy will result in more relevant information regarding the value of UBS AG’s investments in associates. The change was applied retrospectively to all prior periods presented, resulting in an increase in Investments in subsidiaries and associates as of 31 December 2019 of USD 929 million and an increase in Equity attributable to shareholders as of 31 December 2019 of USD 914 million.
[8]
The ”Other subsidiaries“ column includes consolidated information for the UBS Americas Holding LLC, UBS Europe SE and UBS Asset Management AG significant sub-groups, as well as standalone information for other subsidiaries.