UBS AG Total Exposure to Credit Risk


While checking out EDGAR, I finally found the UBS Annual Report of 2007. They are holding a total credit Risk of 1.5 Trillion according to International Financial Reporting Standards (IFRS). See this chart. For an overview of the latest issued stock Options, see this and this. What I find interesting is that the amount of stock Options issued between 2005 and 2007 is massive in comparison to the other years. To me it resembles something of a Checkout. Also note that UBS started a share buyback program in 2006 and 2007 witch obviously is not good for the company (according to Warren Buffett) and just drives up the Stock price artificially and makes the option value higher. I can hardly imagine that this was a coincidence. Compare  this to Citigroups exposure.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s