Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

UBS AG Won’t Sell Its U.S. Unit, Villiger Tells SonntagsZeitung

July 3 (Bloomberg) -- UBS AG Chairman Kaspar Villiger said the bank isn’t discussing selling its U.S. wealth management business, SonntagsZeitung reported.

While the unit’s operations have been “disappointing,” UBS saw a turnaround in the first quarter, Villiger told the Zurich-based newspaper. Selling the business “is not an issue,” he said.

Villiger also said he can’t exclude further job cuts. Still, the bank wants to expand in certain areas and wants to regain market share in Switzerland, he said, according to the newspaper.

To contact the reporter on this story: Klaus Wille in Zurich at

To contact the editor responsible for this story: Craig Stirling at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.