UBS Financial Service offers effective wealth management, asset management and investment banking services for various institutional, corporate and even private clients across the world. They are under a joint-stock company under the law of Switzerland. In 2009, they were leading in commercial and retail banking services. The asset management division offers various investment products in fixed income, equities, diversified global portfolios, quantitative investments, alternative investments etc. Wealth management division lets several ranges of investment and advisory services and products to individuals worth high net. The company came into being after merger of Swiss Bank Corporation and Union Bank of Switzerland.