Litigation, regulatory and similar matters (Tables)	6 Months Ended
Jun. 30, 2024
Notes Litigation Regulatory And Similar Matters [Line Items]
Disclosure of provisions for litigation, regulatory and similar matters [text block]	Provisions for litigation, regulatory and similar matters, by business division and in Group Items 1 USD m Global Wealth Management Personal & Corporate Banking Asset Management Investment Bank Non- core and Legacy Group Items UBS AG Balance as of 31 December 2023 1,220 156 12 286 4 132 1,810 Balance as of 31 March 2024 1,187 152 0 282 4 132 1,756 Provisions recognized upon merger of UBS AG and Credit Suisse AG 2 14 1 2 2 1,964 4 1,986 Increase in provisions recognized in the income statement 3 28 0 0 5 994 1 1,027 Release of provisions recognized in the income statement (11) 0 0 (6) (131) 0 (148) Provisions used in conformity with designated purpose 3 (10) 0 0 0 (1,423) (1) (1,434) Foreign currency translation and other movements (9) (1) 0 (1) (2) 0 (13) Balance as of 30 June 2024 1,199 152 2 280 1,406 135 3,174 1 Provisions, if any, for the matters described in items 2 and 10 of this Note are recorded in Global Wealth Management. Provisions, if any, for the matters described in items 5, 6, 7, 8, 9 and 11 of this Note are recorded in Non-core and Legacy. Provisions, if any, for the matters described in item 1 of this Note are allocated between Global Wealth Management, Personal & Corporate Banking and Non-core and Legacy. Provisions, if any, for the matters described in item 3 of this Note are allocated between the Investment Bank, Non-core and Legacy and Group Items. Provisions, if any, for the matters described in item 4 of this Note are allocated between Global Wealth Management and Personal & Corporate Banking. Provisions, if any, for the matters described in item 12 of this Note are allocated between the Investment Bank and Non-core and Legacy. 2 Refer to Note 2 for more information about the merger of UBS AG and Credit Suisse AG. 3 During the second quarter of 2024, UBS agreed to fund an offer by the Credit Suisse supply chain finance funds to redeem all of the outstanding units of the respective funds. As a result, UBS AG increased IAS 37 Provisions related to litigation, regulatory and similar matters by USD 944 m with a respective impact on the income statement, as the probability of an outflow of resources increased, bringing the total IAS 37 provision for this matter to USD 1,421 m. The provision has been used to recognize the funding obligation, which was accounted for as a derivative liability with a fair value of USD 1,421 m as of 30 June 2024.

Provisions for litigation, regulatory and similar matters,

by business division and in Group Items

USD m

Global Wealth

Management

Personal &

Corporate

Banking

Asset

Management

Investment

Bank

Non-

core and

Legacy

Group Items

UBS AG

Balance as of 31 December 2023

1,220

156

286

132

1,810

Balance as of 31 March 2024

1,187

152

282

132

1,756

Provisions recognized upon merger of UBS AG and Credit Suisse AG

1,964

1,986

Increase in provisions recognized in the income statement

994

1,027

Release of provisions recognized in the income statement

(11)

(6)

(131)

(148)

Provisions used in conformity with designated purpose

(10)

(1,423)

(1)

(1,434)

Foreign currency translation and other movements

(9)

(1)

(2)

(13)

Balance as of 30 June 2024

1,199

152

280

1,406

135

3,174

1 Provisions, if

any, for the

matters described in items

2 and 10 of

this Note are recorded

in Global Wealth

Management. Provisions,

if any, for

the matters described in

items 5, 6, 7,

8, 9 and 11

of this Note are

recorded in Non-core

and Legacy.

Provisions, if

any, for

the matters described

in item 1

of this Note

are allocated between

Global Wealth

Management, Personal

& Corporate

Banking and Non-core

and Legacy.

Provisions, if any, for the matters described in item 3 of this Note are allocated between the Investment Bank, Non-core and Legacy and Group Items.

Provisions, if any, for the matters described in item 4 of this Note

are allocated between Global Wealth

Management and Personal &

Corporate Banking. Provisions,

if any, for the

matters described in item 12

of this Note are allocated

between the Investment Bank and

Non-core

and Legacy.

2 Refer to Note 2 for more information about the merger of UBS AG and Credit Suisse AG.

3 During the second quarter of 2024, UBS agreed to fund an offer by the Credit Suisse supply chain finance

funds to redeem all of the outstanding units of the respective funds.

As a result, UBS AG increased IAS 37 Provisions related

to litigation, regulatory and similar matters by USD

944

m with a respective impact on the

income statement, as the probability of an

outflow of resources increased, bringing the

total IAS 37 provision for this

matter to USD

1,421

m. The provision has been

used to recognize the funding obligation,

which

was accounted for as a derivative liability with a fair value of USD

1,421

m as of 30 June 2024.