瑞银集团UBS AG (UBS) 2015年年度报告「NYSE」.pdf

1、UBS Group AG and UBS AGAnnual Report 2015Contents2Letter to shareholders5UBS Group AG key figures8UBS and its businesses10Our Board of Directors11Our Group Executive Board12The making of UBS15The legal structure of UBS Group17External reporting concept1.Operating environment and strategy20Current ma

2、rket climate22Regulation and supervision26Regulatory and legal developments33Our strategy39Measurement of performance41Wealth Management45Wealth Management Americas48Personal&Corporate Banking51Asset Management54Investment Bank57Corporate Center59Risk factors2.Financial and operating performance76Cr

3、itical accounting policies81Significant accounting and financial reporting changes85Group performance102Balance sheet107Off-balance sheet110Cash flows111Wealth Management117Wealth Management Americas122Personal&Corporate Banking125Asset Management132Investment Bank138Corporate Center3.Risk,treasury

4、and capital management152Implementation of EDTF recommendations160Key developments163Risk management and control234Treasury management248Capital management282UBS Shares4.Corporate governance,responsibility and compensation288Corporate governance325UBS and Society335Our employees342Compensation5.Cons

5、olidated financial statements393UBS Group AG consolidated financial statements563UBS AG consolidated financial statements6.Legal entity financial and regulatory information743UBS Group AG766Establishment of UBS Switzerland AG772UBS AG800UBS Switzerland AG823UBS Limited7.Additional regulatory informa

6、tion831UBS Group AG consolidated supplemental disclosures required under SEC regulations853UBS Group AG consolidated supplemental disclosures required under Basel III Pillar 3 regulations908UBS AG consolidated supplemental disclosures required under SEC regulationsAppendix931Abbreviations frequently