Report of Foreign Issuer (6-k)
June 15 2015 - 6:15AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Date: June 15, 2015
UBS Group AG
Commission File Number: 1-36764
UBS AG
Commission File Number: 1-15060
(Registrants Names)
Bahnhofstrasse 45, Zurich, Switzerland, and
Aeschenvorstadt 1, Basel, Switzerland
(Address of principal executive office)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F x Form 40-F ¨
This Form 6-K consists of the media release which appears immediately following this page.
UBS announces successful implementation of UBS Switzerland AG
Zurich/Basel | 14 Jun 2015, 18:30 | Price Sensitive Information
With the implementation of UBS Switzerland AG, UBS has taken another substantial step to improve the resolvability of the Group in response to regulatory
requirements affecting the entire banking industry. UBS Switzerland AG is now operating as a fully-owned banking subsidiary of UBS AG with its own banking license. As part of the changes to UBSs legal structure, UBS AGs Retail &
Corporate and Wealth Management businesses booked in Switzerland have been transferred to UBS Switzerland AG, effective June 14.
These changes
will have no impact on UBSs strategy or on the firms business, nor will they affect the way it serves the vast majority of the approximately 2.7 million clients of UBS Switzerland AG. UBS Group will continue to maintain its
industry-leading capital position. UBS Switzerland AG has total assets of more than CHF 300 billion and more than 11,000 employees. As the leading bank in Switzerland, it remains an integral part of the UBS Group and its global franchise.
Sergio P. Ermotti, Group Chief Executive Officer says: Today, UBS is taking another significant step towards improving the resolvability of the
Group and substantially complying, well ahead of schedule, with Swiss Too-big-to-fail requirements. Group CEO Sergio P. Ermotti has been appointed as Chairman of the Board of Directors of UBS Switzerland AG. Group Chief Risk Officer, Philip
Lofts and Group CFO and COO Tom Naratil also joined the Board as members. Gabi Huber and Hubert Achermann have been elected as independent members of the Board, in line with FINMA requirements. In its constitutional meeting earlier this year, the
Board of UBS Switzerland AG appointed Lukas Gähwiler as President of the new Executive Board UBS Switzerland AG.
Lukas Gähwiler, President
Executive Board UBS Switzerland AG says: Weve been in close contact with our clients in recent months to ensure a smooth transition. More than 2,000 employees have contributed to the successful implementation of UBS Switzerland AG. I
thank all employees involved for bringing this complex project to a successful conclusion.
UBS Switzerland AG will disclose its financial results together with the Groups second-quarter financial
report on July 28.
UBS Group AG and UBS AG
Media contact
Switzerland: +41-44-234 85 00
UK: +44-207-567 47 14
Americas: +1-212-882 58 57
APAC: +852-297-1 82 00
www.ubs.com
This Form 6-K is hereby incorporated by reference into (1) each of the registration
statements of UBS AG on Form F-3 (Registration Number 333-204908) and of UBS Group AG on Form S-8 (Registration Numbers 333-200634; 333-200635; 333-200641; and 333-200665) and into each prospectus outstanding under any of the
foregoing registration statements, (2) any outstanding offering circular or similar document issued or authorized by UBS AG that incorporates by reference any Form 6-Ks of UBS AG that are incorporated into its registration
statements filed with the SEC, and (3) the base prospectus of Corporate Asset Backed Corporation (CABCO) dated June 23, 2004 (Registration Number 333-111572), the Form 8-K of CABCO filed and dated June 23, 2004
(SEC File Number 001-13444), and the Prospectus Supplements relating to the CABCO Series 2004-101 Trust dated May 10, 2004 and May 17, 2004 (Registration Number 033-91744 and 033-91744-05).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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UBS Group AG |
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By: |
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/s/ David Kelly |
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Name: |
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David Kelly |
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Title: |
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Managing Director |
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By: |
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/s/ Sarah Starkweather |
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Name: |
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Sarah M. Starkweather |
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Title: |
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Executive Director |
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UBS AG |
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By: |
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/s/ David Kelly |
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Name: |
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David Kelly |
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Title: |
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Managing Director |
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By: |
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/s/ Sarah Starkweather |
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Name: |
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Sarah M. Starkweather |
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Title: |
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Executive Director |
Date: June 15, 2015
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