A behemoth of the financial world, Swiss-headquartered UBS is one of the globe's largest private banks. It operates in approximately 50 countries and serves the needs of corporations, institutions, and high net worth individuals. UBS provides asset and wealth management and investment banking, as well as traditional banking services in its home country of Switzerland and other countries. Among other services the firm provides corporate financing, stock research reports, and management of sovereign pensions. It addresses its wealth management clients through some more than 22,000 employees.