The Swiss bank has recovered some of the ground lost in 2020 with a significant increase in issuance and sales in Q2 2021.
UBS has sold US$2.1 billion (1,758 products) in the US structured product market during the second quarter of 2021, compared with US$1.5 billion (889) in the same period a year prior, SRP data shows. However, the current sales volume reflects a stagnation in product issuance from the previous quarter of 2021 in which the bank issued US$2 billion accounting for 1,756 products. Over the past year, UBS has steadily boosted its issuance and sales figures which reached US$1.6 billion by the