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Segment reporting (Tables)

12 Months Ended

Dec. 31, 2020

Disclosure Of Operating Segments [Line Items]

Disclosure Of Operating Segments Explanatory


USD million		Global Wealth Management		Personal & Corporate Banking		AssetManagement		Investment Bank		GroupFunctions		UBS

For the year ended 31 December 2020
Net interest income		4,027		2,049		(17)		284		(481)		5,862
Non-interest income¹		13,107		1,858		2,993		9,235		30		27,222
Income		17,134		3,908		2,975		9,519		(452)		33,084
Credit loss (expense) / release		(88)		(257)		(2)		(305)		(42)		(694)
Total operating income		17,045		3,651		2,974		9,214		(494)		32,390
Total operating expenses		13,026		2,392		1,519		6,732		567		24,235
Operating profit / (loss) before tax		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

USD million		Global Wealth Management		Personal & Corporate Banking		AssetManagement		Investment Bank		GroupFunctions		UBS


For the year ended 31 December 2019
Net interest income		3,947		1,992		(25)		(669)		(744)		4,501
Non-interest income		12,426		1,744		1,962		7,968		367		24,467
Income		16,373		3,736		1,938		7,299		(378)		28,967
Credit loss (expense) / release		(20)		(21)		0		(30)		(7)		(78)
Total operating income		16,353		3,715		1,938		7,269		(385)		28,889
Total operating expenses		12,955		2,274		1,406		6,485		192		23,312
Operating profit / (loss) before tax		3,397		1,441		532		784		(577)		5,577
Tax expense / (benefit)												1,267
Net profit / (loss)												4,310
Additional information
Total assets²		309,766		209,405		34,565		315,855		102,603		972,194
Additions to non-current assets		68		10		0		1		5,217		5,297


USD million		Global Wealth Management		Personal & Corporate Banking		AssetManagement		Investment Bank		Group Functions		UBS

For the year ended 31 December 2018
Net interest income		4,101		2,049		(29)		(459)		(613)		5,048
Non-interest income		12,700		2,168		1,881		8,538		(4)		25,283
Income		16,800		4,217		1,852		8,079		(617)		30,330
Credit loss (expense) / release		(15)		(56)		0		(38)		(8)		(118)
Total operating income		16,785		4,161		1,852		8,041		(626)		30,213
Total operating expenses		13,531		2,365		1,426		6,554		346		24,222
Operating profit / (loss) before tax		3,254		1,796		426		1,486		(971)		5,991
Tax expense / (benefit)												1,468
Net profit / (loss)												4,522
Additional information
Total assets²		313,737		200,703		28,140		302,253		113,667		958,500
Additions to non-current assets		196		23		1		89		1,666		1,975
1 Includes a USD 631 million net gain on the sale of a majority stake in Fondcenter AG, of which USD 571 million was recognized in Asset Management and USD 60 million was recognized in Global Wealth Management. Refer to Note 29 for more information. 2 Information has been restated where applicable. Refer to Note 1b for more information.

Disclosure Of Operating Segments [Line Items]

Disclosure Of Operating Segments Explanatory

Segment reporting
USD million		Global Wealth Management		Personal & Corporate Banking		AssetManagement		Investment Bank		Group Functions		UBS AG

For the year ended 31 December 2020
Net interest income		4,027		2,049		(17)		284		(555)		5,788
Non-interest income¹		13,107		1,859		2,993		9,224		504		27,686
Income		17,134		3,908		2,975		9,508		(52)		33,474
Credit loss (expense) / release		(88)		(257)		(2)		(305)		(42)		(695)
Total operating income		17,046		3,651		2,974		9,203		(94)		32,780
Total operating expenses		13,080		2,390		1,520		6,762		1,329		25,081
Operating profit / (loss) before tax		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


USD million		Global Wealth Management		Personal & Corporate Banking		AssetManagement		Investment Bank		Group Functions		UBS AG

For the year ended 31 December 2019
Net interest income		3,947		1,993		(25)		(669)		(831)		4,415
Non-interest income		12,426		1,745		1,962		7,967		869		24,970
Income		16,373		3,737		1,938		7,298		38		29,385
Credit loss (expense) / release		(20)		(21)		0		(30)		(7)		(78)
Total operating income		16,353		3,717		1,938		7,268		31		29,307
Total operating expenses		13,018		2,274		1,407		6,515		925		24,138
Operating profit / (loss) before tax		3,335		1,443		531		753		(893)		5,169
Tax expense / (benefit)												1,198
Net profit / (loss)												3,971
Additional information
Total assets²		309,766		209,512		34,565		316,058		102,028		971,927
Additions to non-current assets		68		10		0		1		4,935		5,014


USD million		Global Wealth Management		Personal & Corporate Banking		AssetManagement		Investment Bank		Group Functions		UBS AG

For the year ended 31 December 2018
Net interest income		4,101		2,049		(29)		(459)		(690)		4,971
Non-interest income		12,700		2,169		1,881		8,539		499		25,788
Income		16,801		4,218		1,852		8,080		(191)		30,759
Credit loss (expense) / release		(15)		(56)		0		(38)		(8)		(117)
Total operating income		16,786		4,162		1,852		8,042		(199)		30,642
Total operating expenses		13,574		2,363		1,427		6,600		1,220		25,184
Operating profit / (loss) before tax		3,212		1,799		425		1,442		(1,419)		5,458
Tax expense / (benefit)												1,345
Net profit / (loss)												4,113
Additional information
Total assets²		313,737		200,767		28,140		302,434		112,988		958,066
Additions to non-current assets		196		23		1		89		1,449		1,757
1 Includes a USD 631 million net gain on the sale of a majority stake in Fondcenter AG, of which USD 571 million was recognized in Asset Management and USD 60 million was recognized in Global Wealth Management. Refer to Note 29 for more information. 2 Information has been restated where applicable. Refer to Note 1b for more information.