Current location - Loan Platform Complete Network - Foreign exchange account opening - When did UBS enter China?
When did UBS enter China?
UBS (China) Limited ("UBS China") is a wholly-owned subsidiary of UBS Limited ("UBS Group AG UBS Group AG"). Its predecessor was Swiss Bank Limited Beijing Branch, which was established in 2004. After being approved by China Banking Regulatory Commission to be transformed into a wholly foreign-owned corporate bank, it officially opened in July 20 12. The registered capital of the company is RMB 2 billion, and its headquarters is located in Beijing. The main business of Swiss Bank (China) Co., Ltd. is wealth management business and inter-bank business (including foreign exchange, interest rate and credit business and financial institution business). China, a Swiss bank, set up a branch in Beijing and officially opened in September 20 14.

1964, UBS opened an office in Hong Kong. 1985, began to carry out corporate financing business in the mainland.

In 2003, UBS was approved by China Securities Regulatory Commission and qualified as a QFII.

In August, 2004, UBS opened its first branch in China-Beijing Branch. In February, 2005, UBS Beijing Branch was allowed to operate derivatives trading business.

(UBS Group AG AG) 1998 was formed by the merger of UBS Group AG and UBS Group AG. 200 1 total assets at the end of the year 1. 18 trillion Swiss francs, and the off-balance sheet assets under management exceeded 2.0 trillion Swiss francs. The net profit in 2002 was 3.5 billion Swiss francs.

UBS UBS Group AG Limited was merged on 1998. UBS is a leading bank in the world and a leader in private services, serving more than 4 million individuals and enterprises.

In terms of capital and profitability, UBS Group AG is the second largest private wealth asset management company in the world and the second largest bank in Europe. Among them, Swiss bank * * * has 96 branches around the world with about 49,000 employees.