UBS Fixed Income Presentation Deck
Non-strategic assets and businesses to be exited through Non-core and Legacy
Non-core and Legacy composition
by instrument type
2Q23, USD bn
Equities
Macro
Loans
Securitized
products
Credit
HQLA
and other
55
5
8
12
14
12
5
RWA
excl. operational risk
224
22
32
27
38
22
84
LRD
Non-core and Legacy composition
by source
2Q23, USD bn
UBS NCL
Assets from Wealth and
Asset Management
Assets from
Credit Suisse
Investment Bank
Credit Suisse
Capital Release Unit
55
3
7
17
29
RWA
excl. operational risk
224
10
114
94
LRD
Positions and businesses not aligned with our strategy
and policies, including a large portion of Credit Suisse IB
Robust risk management and governance structure
in place
Active wind-down supported by PPA fair value
adjustments
9bn of RWA and 14bn of LRD reduced during 2Q23¹
9bn² RWA from Credit Suisse Investment Bank to be
retained in the core Investment Bank
Operational risk RWA to be reported in 3Q after
finalization of group allocation methodology
UBS Balances as of quarter-end. NCL perimeter subject to finalization; numbers subject to change; figures for assets transferred from CS business divisions derived from US GAAP; 1 From both natural run-off
and active run-down; 2 Excluding operational risk RWA
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