In 2003 and 2004, the Union Bank of Switzerland group is not big acquisition, its main task is to increase its own comparative advantages in private banking and asset management business investment, while expanding Acting foreign exchange transactions and bond trading market share. The risk management mechanism and focus on improving their products and services of third-party distribution infrastructure (Bank for Banks) as well as the establishment of two years management concern. Facts have proven that this year adjusted effective.
In June 2005, UBS issued a formal notice announcing all business unified brand strategy, which includes Pratt & Whitney UBS and UBS Warburg, will be put under a single UBS brand name. The four original business brand : UBS Warburg (UBS Warburg) (investment banking), Pratt & Whitney UBS (UBS PaineWebber) (investment banking), the Swiss private bank Bank (UBS Private Banking) (private banking and asset management business), UBS Global assets management (UBS Global Asset Management) (international business) to be reconstituted as UBS (UBS) named three operations : UBS Wealth Management (UBS Wealth Management), UBS Global Asset Management (UBS Global Asset Management) and UBS Investment Bank (UBS Investment Bank). Union Bank of Switzerland in the global launch of the Group, entitled "4 the same" corporate image advertising. Warburg formally renounced Pratt & Whitney and the two brands. This decision reflects the company has committed to build rival Citigroup (Citigroup), and HSBC Holdings (HSBC), a global financial services brand.