UBS Results Presentation Deck slide image

UBS Results Presentation Deck

Investment Bank Profit before tax m Operating income m Cost / income ratio Global Banking Global Markets 612 2,268 525 1,821 (78) 632 71% 2Q20 2,485 651 215¹ 1,634 (15) +9% 74% 3Q20 529 +9% 2,011 669 1,433 Credit loss (expenses) /releases (91) 71% 4Q20 412 2,273 788 1,483 2 82% 1Q21 UBS 1215m gain on the sale of intellectual property rights associated with the Bloomberg Commodity Index family 668 2,470 881 1,567 21 74% 2Q21 ROAE 21%; PBT 668m, +9% Global Markets revenues (14%) Execution Services 443m, +5% driven by cash equities Derivatives & Solutions 773m, (18%) against. strong 2Q20 in rates, FX and credit, partially offset by higher revenues in equity derivatives Financing 352m, (22%) including an 87m loss related to the default of a prime brokerage client in 1Q21 Of which: - Equities 1,194m, +23% FRC 373m, (56%) Global Banking revenues +68% Advisory 300m, +223% driven by M&A Capital Markets 581m, +35% on elevated IPO and follow-on activity in ECM - Operating expenses +9% driven by currency effects, litigation and restructuring expenses RWA 92bn, (3%) QoQ; LRD 325bn, (1%) QoQ 16
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