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Segment reporting (Tables)
6 Months Ended
Jun. 30, 2024
Disclosure Of Operating Segments [Line Items]  
Disclosure Of Operating Segments Explanatory
 
 
 
 
 
 
 
 
 
USD m
Global Wealth
Management
Personal &
Corporate
Banking
Asset
 
Management
Investment
Bank
Non-core and
Legacy
Group Items
UBS Group
For the six months ended 30 June 2024
1
Total revenues
12,196
4,695
1,543
5,554
1,402
(747)
24,642
Credit loss expense / (release)
(4)
146
0
26
35
(2)
201
Operating expenses
10,228
2,800
1,303
4,496
1,818
(48)
20,597
Operating profit / (loss) before tax
1,972
1,748
241
1,032
(451)
(699)
3,844
Tax expense / (benefit)
905
Net profit / (loss)
2,939
As of 30 June 2024
Total assets
557,716
450,835
22,439
419,978
96,574
13,435
1,560,976
 
 
 
 
 
 
 
 
 
 
 
USD m
Global Wealth
Management
Personal &
Corporate
Banking
Asset
 
Management
Investment
Bank
Non-core and
Legacy
Group Items
Negative
goodwill
2
UBS Group
For the six months ended 30 June 2023
1
Total revenues
10,049
3,087
1,086
4,401
185
(524)
18,284
Negative goodwill
27,264
27,264
Credit loss expense / (release)
164
237
1
139
119
2
662
Operating expenses
7,646
1,597
911
3,891
1,235
416
15,696
Operating profit / (loss) before tax
2,239
1,253
174
372
(1,169)
(942)
27,264
29,191
Tax expense / (benefit)
820
Net profit / (loss)
28,371
As of 31 December 2023
2, 3
Total assets
567,648
483,794
21,804
428,269
201,131
14,277
1,716,924
1 Refer to “Note 3 Segment reporting” in the “Consolidated financial statements” section of
 
the Annual Report 2023 for more information about the Group’s reporting segments.
 
2 Comparative-period information
has been revised. Refer to Note 2 for more information.
 
3 Comparative-period information has been restated for Group Treasury
 
allocations.