Net fee and commission income

6 Months Ended

Jun. 30, 2022

Entity [Table]

Disclosure Of Fee And Commission Income Expense Explanatory

Note 4 Net fee and commission income

For the quarter ended

Year-to-date

USD m

30.6.22

31.3.22

30.6.21

30.6.22

30.6.21

Underwriting fees

111

172

387

283

780

M&A and corporate finance fees

220

237

330

456

568

Brokerage fees

869

1,077

1,037

1,946

2,395

Investment fund fees

1,233

1,388

1,405

2,620

2,842

Portfolio management and related services

2,298

2,463

2,426

4,761

4,710

Other

492

501

455

993

916

Total fee and commission income

1

5,224

5,837

6,041

11,061

12,210

of which: recurring

3,593

3,860

3,823

7,453

7,443

of which: transaction-based

1,621

1,958

2,176

3,579

4,631

of which: performance-based

10

19

42

29

136

Fee and commission expense

450

484

484

934

962

Net fee and commission income

4,774

5,353

5,557

10,127

11,248

1 Reflects third-party fee and commission income for the second quarter of 2022 of USD

3,281

m for Global Wealth Management (first quarter of 2022: USD

3,637

m; second quarter of 2021: USD

3,585

m), USD

421

m

for Personal & Corporate Banking (first quarter of 2022: USD

446

m; second quarter of 2021: USD

399

m), USD

720

m for Asset Management (first quarter of 2022: USD

762

m; second quarter of 2021: USD

805

m),

USD

801

m for the Investment Bank (first quarter of 2022: USD

988

m; second quarter of 2021: USD

1,243

m) and USD

1

m for Group Functions (first quarter of 2022: USD

4

m; second quarter of 2021: USD

9

m).