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Related parties (Tables)
 12 Months Ended
Dec. 31, 2020
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
Related-party disclosure
For the year ended
USD million31.12.2031.12.1931.12.18
Received by UBS
Fees 34 34 35
Paid by UBS
Rent 5 4 4
Dividends, capital repayments and interest 10 11 10
Key management personnel | Remuneration  
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
Remuneration of key management personnel
USD million, except where indicated31.12.2031.12.1931.12.18
Base salaries and other cash payments1 33 32 27
Incentive awards – cash2 18 14 15
Annual incentive award under DCCP 27 21 22
Employer’s contributions to retirement benefit plans 3 3 3
Benefits in kind, fringe benefits (at market value) 1 1 2
Equity-based compensation3 47 37 40
Total 129 108 109
Total (CHF million)4 121 107 107
1 May include role-based allowances in line with market practice and regulatory requirements. 2 The cash portion may also include blocked shares in line with regulatory requirements. 3 Compensation expense is based on the share price on grant date taking into account performance conditions. Refer to Note 27 for more information. For GEB members, equity-based compensation for 2020 and 2019 was entirely composed of LTIP awards and equity-based compensation for 2018 was entirely composed of EOP awards. For the Chairman of the BoD the equity-based compensation for 2020, 2019 and 2018 was entirely composed of UBS shares. 4 Swiss franc amounts disclosed represent the respective US dollar amounts translated at the applicable performance award currency exchange rates (2020: USD / CHF 0.94; 2019: USD / CHF 0.99; 2018: USD / CHF 0.98).
Key management personnel | Equity holdings  
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
Equity holdings of key management personnel1
31.12.2031.12.19
Number of shares held by members of the BoD, GEB and parties closely linked to them2 5,288,317 6,887,826
1 No options were held in 2020 and 2019 by non-independent menbers of the BoD and any GEB member or any of its related parties. 2 Excludes shares granted under variable compensation plans with forfeiture provisions.
Key management personnel | Loans, advances and mortgages  
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans, advances and mortgages to key management personnel1
USD million, except where indicated20202019
Balance at the beginning of the year 33 34
Additions 14 9
Reductions (8) (11)
Balance at the end of the year2 38 33
Balance at the end of the year (CHF million)2, 3 34 32
1 All loans are secured loans. 2 There were no unused uncommitted credit facilities as of 31 December 2020 and 31 December 2019. 3 Swiss franc amounts disclosed represent the respective US dollar amounts translated at the relevant year-end closing exchange rate.
Associates and joint ventures  
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans to and outstanding receivables from associates and joint ventures
USD million20202019
Carrying amount at the beginning of the year 982 829
Additions 527 145
Reductions (1,001) (5)
Foreign currency translation 123 13
Carrying amount at the end of the year 630 982
of which: unsecured loans and receivables 621 971
Other transactions with associates and joint ventures
As of or for the year ended
USD million31.12.2031.12.19
Payments to associates and joint ventures for goods and services received 139 124
Fees received for services provided to associates and joint ventures 128 1
Liabilities to associates and joint ventures 91 101
Commitments and contingent liabilities to associates and joint ventures 9 1,598
UBS AG  
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
Related-party disclosure
For the year ended
USD million31.12.2031.12.1931.12.18
Received by UBS AG
Fees 19 19 22
Paid by UBS AG
Rent 3 2 3
Dividends, capital repayments and interest 10 10 10
UBS AG | Key management personnel | Remuneration  
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
Remuneration of key management personnel
USD million, except where indicated31.12.2031.12.1931.12.18
Base salaries and other cash payments1 31 30 25
Incentive awards – cash2 17 13 14
Annual incentive award under DCCP 26 20 21
Employer’s contributions to retirement benefit plans 2 2 3
Benefits in kind, fringe benefits (at market value) 1 1 2
Equity-based compensation3 45 34 38
Total 122 101 102
Total (CHF million)4 115 101 100
1 May include role-based allowances in line with market practice and regulatory requirements. 2 The cash portion may also include blocked shares in line with regulatory requirements. 3 Compensation expense is based on the share price on grant date taking into account performance conditions. Refer to Note 27 for more information. For EB members, equity-based compensation for 2020 and 2019 was entirely composed of LTIP awards and equity-based compensation for 2018 was entirely composed of EOP awards. For the Chairman of the BoD, the equity-based compensation for 2020, 2019 and 2018 was entirely composed of UBS shares. 4 Swiss franc amounts disclosed represent the respective US dollar amounts translated at the applicable performance award currency exchange rates (2020: USD / CHF 0.94; 2019: USD / CHF 0.99; 2018: USD / CHF 0.98)
UBS AG | Key management personnel | Equity holdings  
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
Equity holdings of key management personnel1
31.12.2031.12.19
Number of shares held by members of the BoD, EB and parties closely linked to them2 4,956,640 6,609,848
1 No options were held in 2020 and 2019 by non-independent menbers of the BoD and any GEB member or any of its related parties. 2 Excludes shares granted under variable compensation plans with forfeiture provisions.
UBS AG | Key management personnel | Loans, advances and mortgages  
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans, advances and mortgages to key management personnel1
USD million, except where indicated20202019
Balance at the beginning of the year 23 28
Additions 13 6
Reductions (5) (11)
Balance at the end of the year2 31 23
Balance at the end of the year (CHF million)2, 3 28 22
1 All loans are secured loans. 2 There were no unused uncommitted credit facilities as of 31 December 2020 and 31 December 2019. 3 Swiss franc amounts disclosed represent the respective US dollar amounts translated at the relevant year-end closing exchange rate.
UBS AG | Associates and joint ventures  
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
Loans to and outstanding receivables from associates and joint ventures
USD million20202019
Carrying amount at the beginning of the year 982 829
Additions 527 145
Reductions (1,001) (5)
Foreign currency translation 123 13
Carrying amount at the end of the year 630 982
of which: unsecured loans and receivables 621 971
Other transactions with associates and joint ventures
As of or for the year ended
USD million31.12.2031.12.19
Payments to associates and joint ventures for goods and services received 139 124
Fees received for services provided to associates and joint ventures 128 1
Liabilities to associates and joint ventures 91 101
Commitments and contingent liabilities to associates and joint ventures 9 1,598
UBS AG | UBS Group AG and other subsidiaries of UBS Group AG  
Disclosure Of Transactions Between Related Parties [Line Items]  
Disclosure Of Transactions Between Related Parties Explanatory
USD million31.12.2031.12.19
Receivables
Loans and advances to customers 1,470 1,255
Financial assets at fair value held for trading 76 180
Other financial assets measured at amortized cost 38 60
Payables
Customer deposits 3,324 2,314
Funding from UBS Group AG and its subsidiaries 53,979 47,866
Other financial liabilities measured at amortized cost 1,820 1,829
Other financial liabilities designated at fair value1 1,375 217
1 Represents funding recognized from UBS Group AG and its subsidiaries that is designated at fair value. Refer to Note 19b for more information.