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What does UBS mean?

Looking for the meaning or definition of the word UBS? Here's what it means.

Proper noun
  1. Union of Burma Ship. The designation of ships in the Burmese navy.
  2. Union Bank of Switzerland, a Swiss global bank.
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Examples
He began his career in the '80s as a trader and a quantitative analyst for firms like UBS and Credit Suisse.
I had first met Marcel Ospel two months earlier, when he broached the idea of closer cooperation between UBS and PaineWebber.
The development comes after French prosecutors started investigating UBS France last week.
As stated above, bondholders ultimately take the UBS credit risk in this structure.
As well as UBS Investment Bank, its main UK businesses include UBS Global Asset Management and UBS Wealth Management.
Wood, a managing director of UBS, is one of the bank's top dealmakers.

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