Ubs Group Ag · SIX:UBSG
Ubs — 2015 Bank of America Merrill Lynch Banking & Insurance Conference
12 slides from Ubs's conference presentation, Sep 29, 2015
Slide 1: 2015 Bank of America Merrill Lynch Banking & Insurance Conference
2015 Bank of America Merrill Lynch Banking & Insurance Conference Tom Naratil Group Chief Financial Officer Group Chief Operating Officer 29 September 2015
Slide 2: Cautionary statement regarding forward-looking statements
Cautionary statement regarding forward-looking statements This presentation contains statements that constitute “forward-looking statements,” including but not limited to management’s outlook for UBS’s financial performance and statements relating to the anticipated effect of transactions and strate
Slide 3: Key messages
Key messages 2015 and beyond: unlocking our full potential We continue to adapt our strategic execution to the changing regulatory and market environment The banking industry will require innovative adaptation in order to deliver further efficiencies 2
Slide 4: Successfully completed the strategic transformation of UBS
Successfully completed the strategic transformation of UBS Our businesses are capital-accretive and highly cash-flow generative Diligently reducing risk since the announcement of our strategy… RWA Group CET1 ratio Non-core and Legacy Portfolio LRD1 CHF billion, Basel III fully applied Basel III full
Slide 5: The world's leading wealth management franchise
The world's leading wealth management franchise UBS is the world's largest and fastest growing wealth manager1 Invested assets Operating income Profit before tax CHF trillion CHF billion CHF billion +8% CAGR +7% CAGR +14% CAGR 1.9 7.8 2.1 1.8 7.1 7.2 1.7 1.5 6.3 1.7 0.9 1.5 0.9 4.1 1.4 0.9 3.9 3.9 0
Slide 6: Capital strength is the foundation of our success
Capital strength is the foundation of our success Our highly capital-accretive business model and our strong capital position allow us to adapt to ongoing regulatory change Swiss SRB Basel III CET1 capital ratio Leverage ratio fully applied, CHF billion fully applied, CHF billion Swiss SRB BIS Basel
Slide 7: Improving resolvability and adapting to regulatory change
Improving resolvability and adapting to regulatory change Significant progress in adapting our legal entity structure Capital and dividends Key actions and milestones in improving our resolvability Capital 2014 2015 2016 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Met current fully applied 2019 estimated cap
Slide 8: Managing performance and regulatory change
Managing performance and regulatory change Illustrative example Actions needed to maintain a 15% adjusted RoTE with increased leverage ratio requirements1 Increase capital or Reduce LRD For 50 bps … by CHF ~5 billion through combination of … by CHF ~120 billion increase in • CET1 accretion Service l
Slide 9: Corporate Center cost reductions
Corporate Center cost reductions ~CHF 0.9 billion net cost reductions using June 2015 annualized exit rate Cumulative annualized net cost reduction1,2 CHF billion CHF 1.4 billion CHF 1.4 billion CHF 0.9 billion (64%) achieved of CHF 0.8 billion (57%) achieved CHF 1.4 billion year-end 2015 target of
Slide 10: Evolution of the service and supply chain
Evolution of the service and supply chain Banks have the opportunity to participate in the evolution of the supply chain to capture a greater share of savings for their shareholders • Emerging ecosystem with increasing network of players which both disaggregate the banking Exchanges supply chain and
Slide 11: UBS – a unique and attractive investment proposition
UBS – a unique and attractive investment proposition UBS is the world's largest and fastest growing wealth manager1 • Unique global footprint provides exposure to both the world's largest and fastest growing global wealth pools • Leading position across the attractive HNW and UHNW client segments Th
Slide 12: Important information related to this presentation
Important information related to this presentation Use of adjusted numbers Unless otherwise indicated, “adjusted” figures exclude the adjustment items, to the extent applicable, on a Group and business division level. Adjusted results are a non- GAAP financial measure as defined by SEC regulations.
UBS Group — 2015 Bank of America Merrill Lynch Banking & Insurance Conference on 6ix