UBS Group AG · SIX:UBSG
UBS — Morgan Stanley European Financials Conference 2020
14 slides from UBS's conference presentation, Mar 18, 2020
Slide 1: Morgan Stanley European Financials Conference 2020
Morgan Stanley European Financials Conference 2020 Kirt Gardner Group Chief Financial Officer 18 March 2020
Slide 2: Important information
Important information Forward Looking Statements: This presentation contains statements that constitute “forward-looking statements,” including but not limited to performance targets, expectations and ambitions, as well as management’s outlook for UBS’s financial performance and statements relating
Slide 3: COVID-19 – an update
COVID-19 – an update Priorities Business impact Our key priorities are to safeguard the wellbeing of our employees, › We have seen little to no disruptions in service to our clients and serve our clients and ensure operational continuity have successfully managed very high volumes across our busines
Slide 4: 2020-2022 priorities
2020-2022 priorities I Elevate our world leading Global Wealth Management franchise to drive higher margins and 10-15% PBT growth p.a. II Improve returns in the Investment Bank by further optimizing resources and collaboration Drive higher and superior returns by growing III Capitalize on our differ
Slide 5: Elevate our Global Wealth Management to new heights
Elevate our Global Wealth Management to new heights Taking wealth management franchise into the next decade 1 Tailored client coverage 1 Get closer to clients 2 Expand GFO further leveraging IB/AM integration Accelerate decision making and time to market Align UHNW to regional business units Empower
Slide 6: Our sustainability drive
Our sustainability drive We are a recognized leader in sustainability, delivering in area increasingly important to clients What we doing for our clients How we are contributing ourselves Strong growth in core sustainable Reduced carbon-related assets Maintained strong position in key ESG rankings i
Slide 7: Balance sheet strength
Balance sheet strength Managing our balance sheet prudently; strong capital, liquidity and funding positions Strong capital position Strong credit ratings Strong capital generation Total loss-absorbing capacity (TLAC) UBS AG credit ratings1 89.6 4.9 AA- (stable) Fitch 0.8 Buyback 37.8 TLAC eligible
Slide 8: UBS at a glance
UBS at a glance Outstanding client franchises Managing for growth and efficiency Balance sheet strength for all seasons › Clients are at the center of everything we › Investing for growth while remaining › Maintaining a balance sheet for all do disciplined on costs seasons to support a durable busin
Slide 9: Q&A
3 UBS Q&A
Slide 10: Appendix
3 UBS Appendix
Slide 11: Capital and leverage ratios
Capital and leverage ratios Total loss-absorbing 89.6 34.6% capacity (TLAC) 1.1.20 requirements1,2 RWA LRD Gone concern 9.8% TLAC including 2019 loss-absorbing 37.8 14.6% rebate and Tier 2- capacity related reduction2 24.3% 8.6% 4.1% AT14 16.3 6.3% Going concern 13.9% 4.9% 1.8% Going CET13 9.6% 3.4%
Slide 12: Swiss SRB leverage ratio requirements
Swiss SRB leverage ratio requirements UBS leverage ratio balance 1.1.20 requirements1 9.84% 4.14% gone concern 8.58% TLAC including 2019 rebate and Tier 2-related reduction Gone concern 4.9% requirement subject to a rebate of up to 1.9 percentage TLAC-eligible senior unsecured debt 3.33% (30.3bn) 3.
Slide 13: Cost efficiency
Cost efficiency Funding investments with saves to keep total costs flat in 2020 24.2 0.4 0.3 23.3 Illustrative 0.5 0.1 0.1 ~stable fixed cost base FY18 Cost saves net Variable Litigation2 Regulatory FX FY19 Gross Investments Variable Litigation2 Projected operating of investments compensation1 costs
Slide 14: Cautionary statement regarding forward-looking statements
Cautionary statement regarding forward-looking statements This report 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 strategic in
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