1 ubs 3 2 ubs 10 3 ubs japan 13 4 17 a 21 · reto francioni member deutsche börse ag. chief...
TRANSCRIPT
![Page 1: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/1.jpg)
2015 6 29
資料1
![Page 2: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/2.jpg)
1
1 UBS 32 UBS 103 UBS Japan 134 17
A 21
![Page 3: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/3.jpg)
2
Too Big To Fail
Too Big To Fail(2011)
(2010)
EU (2014)
(2013)
G20
2009 2010 2011 2012 2013 201420082007 2015 2016 2017 2018
Lehman Brothers
2008 9 15
2019
2015
2018
EU
TBTF
III
![Page 4: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/4.jpg)
UBS1
![Page 5: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/5.jpg)
4
UBS
UBS AG
UBS Limited UBS Americas Inc.Other subsidiaries
UBS AG
UBS AG
100%
Too Big To Fail UBS
Branches
![Page 6: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/6.jpg)
5
UBS 2015 3
UBS AGSingle Point of Entry
2015 6 UBS Switzerland AG
UBS Limited
UBS AG
2016 7 1
UBS AG
:1 2014
2 UBS AG100%
3 UBS Switzerland AG UBS AG 100%2015 2
4 UBS UBSOther
subsidiaries
UBS
2015 3
![Page 7: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/7.jpg)
6
2011
UBS
2013 20142012 2015
2015
![Page 8: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/8.jpg)
7
UBS
III10 RoAETier 1 III
Tier 1 III
+670 bps(43%)
Average RoAE 1Q13-4Q14
TargetRoAE
>15%18%
29%
2011-2012
![Page 9: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/9.jpg)
8
10
1 7 2011 3 ; 2 16.87
1Q13
5.0
2Q14
4.9
4Q13
3Q13
5.0
1Q14
5.45.3
4Q14
3Q14
5.3
1Q15
5.1
4.9
2Q13
4.9
4Q12
4.7
3Q12
4.7
2Q12
4.5
1Q12
4.6
4Q11
4.4
3Q11
1
4.3
46%
21%
27%
7%
% 2014 2
~80%
~20%
% 2014
22%
15%
31%
2%
14%
16%
![Page 10: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/10.jpg)
9
UBS
2013 4 2014 9
0.1
0.9
0.6
1.5
1.1
0.5
10.2
20142013
10.7
2013 2014
6.8 6.8
2013 2014
6.6 6.8
2013 2014
4.5 4.6
201410
![Page 11: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/11.jpg)
UBS2
![Page 12: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/12.jpg)
11
UBS Group AG/UBS AG
CEO UBS
The Board of Directors
The Group Executive Board
UBS AG UBS AG
CEO
(Group Executive Board)
Human Resources and Compensation Committee (HRCC)
3/4 UBS(independent)
HRCC
UBS AG UBS AG Board of Directors Group Executive Board
Group Regional Presidents Divisional Presidents
![Page 13: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/13.jpg)
12
: 2015 1
1 :
2 :
3
1 2
UBS 3
![Page 14: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/14.jpg)
UBS Japan3
![Page 15: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/15.jpg)
14
UBS
UBSAG ( )/
UBSAG ( )/
UBS
2
49%
UBS
UBS
UBS
UBSAG1
UBSAG ( )
2015 6
UBS UBS
100% 100%
UBS AG
:1 SPV2 51%
![Page 16: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/16.jpg)
15
UBSUBSUBS
Wealth Management
Global Asset Management1
Investment Bank
FX, Rates & Credit
Equities
Corporate Client Solutions
Corporate Center
Risk & Control CommitteeWM Executive CommitteeWM Control Committee
Board of DirectorsJapan Management Committee
Risk & Control CommitteeOperational Risk Committee
Board of DirectorsExecutive Committee
Risk Committee
UBS
UBSAG UBS AG
:1 UBS
UBS
![Page 17: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/17.jpg)
16
(local vs functional)
Head of WM Japan
Head of Global AM Japan
Heads of Japan IB functions
Heads of Japan Corporate
Center functions
Group Executive Board
Local management Regional management Global management
Global Functional Heads
of relevant functions
IBDivisional President
(Global Head)
AMDivisional President
(Global Head)
WM Divisional President
(Global Head)
WM
AM
IB
CC
WM Regional
Head
AM Regional
Head
Regional Heads of CC
functions
Regional Heads of IB functions
Japan Country Head President Asia Pacific
![Page 18: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/18.jpg)
4
![Page 19: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/19.jpg)
18
-
Fintech
IBA
![Page 20: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/20.jpg)
19
1
2
3
![Page 21: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/21.jpg)
20
Three lines of defense
1
2
3 IT
4
CEO
![Page 22: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/22.jpg)
A
![Page 23: 1 UBS 3 2 UBS 10 3 UBS Japan 13 4 17 A 21 · Reto Francioni Member Deutsche Börse AG. Chief Executive Officer University of Basel, Professor of applied capital markets theory SWX](https://reader033.vdocuments.us/reader033/viewer/2022052314/5f07d98a7e708231d41f1015/html5/thumbnails/23.jpg)
22
(Board of Directors)
Name Roles in BoD Professional history1
Axel A. Weber Chairman European Systemic Risk Board, Member of the Steering CommitteeFinancial Stability Board, Member of the Steering CommitteeDeutsche Bundesbank, President
Michel Demaré Independent Vice Chairman
Syngenta, Chairman of the BoardABB, Switzerland, Chief Financial Officer and Member of the Group Executive Committee
David Sidwell Senior Independent Director
Morgan Stanley, New York, Executive Vice President and Chief Financial OfficerJP Morgan Chase & Co., New York, Chief Financial Officer, Investment Bank
Reto Francioni Member Deutsche Börse AG. Chief Executive OfficerUniversity of Basel, Professor of applied capital markets theorySWX Group, Zurich, Chairman of the Supervisory Board and President
Ann F. Godbehere Member Northern Rock, Chief Financial Officer and Executive DirectorSwiss Re Group Switzerland, Chief Financial Officer
Axel P. Lehmann Member Zurich Insurance Group, Regional Chairman of Europe, Middle East and Africa
William G. Parrett Member Deloitte Touche Tohmatsu, Chief Executive Officer & Senior Partner Deloitte & Touche USA LLP
Isabelle Romy Member Froriep law firm, Zurich, Partner
Jes Staley Member BlueMountain Capital Management LLC, Managing Partner
Beatrice Weder di Mauro Member University of Mainz, Professor of Economics, Economic Policy and International Macroeconomics
Joseph Yam Member China Society for Finance and Banking, The People s Bank of China, Executive Vice President
2015 6
:1 Professional history