Segment reporting (Tables)

6 Months Ended

Jun. 30, 2024

Disclosure Of Operating Segments [Line Items]

Segment reporting

USD m

Global Wealth

Management

Personal &

Corporate

Banking

Asset 

Management

Investment

Bank

Non-core and

Legacy

Group 

Items

UBS AG

For the six months ended 30 June 2024

1

Net interest income

2,521

1,634

(26)

(1,714)

(33)

(856)

1,528

Non-interest income

7,589

1,307

1,169

6,538

218

660

17,481

Total revenues

10,110

2,942

1,143

4,824

186

(196)

19,008

Credit loss expense / (release)

7

120

0

31

(23)

1

136

Operating expenses

8,448

1,808

972

4,284

1,691

487

17,689

Operating profit / (loss) before tax

1,655

1,014

172

509

(1,483)

(684)

1,183

Tax expense / (benefit)

393

Net profit / (loss)

790

As of 30 June 2024

Total assets

558,614

453,557

22,015

419,940

95,103

15,435

1,564,664

USD m

Global Wealth

Management

Personal &

Corporate

Banking

Asset 

Management

Investment

Bank

Non-core and

Legacy

Group

Functions

UBS AG

For the six months ended 30 June 2023

1

Net interest income

2,924

1,522

(13)

(1,069)

3

(674)

2,694

Non-interest income

6,594

1,163

1,015

5,329

48

470

14,619

Total revenues

9,517

2,686

1,002

4,260

51

(204)

17,313

Credit loss expense / (release)

20

26

0

8

0

0

54

Operating expenses

7,204

1,379

818

3,639

719

586

14,346

Operating profit / (loss) before tax

2,293

1,281

185

613

(668)

(790)

2,912

Tax expense / (benefit)

776

Net profit / (loss)

2,136

As of 31 December 2023

2

Total assets

404,747

283,980

19,662

402,415

13,845

31,368

1,156,016

1 Refer to “Note 3 Segment reporting” in the “Consolidated financial statements” section of the Annual Report 2023 for more information about UBS AG's reporting segments. 2 Comparative-period information

has been restated for Group Treasury allocations.