Nevertheless, much like other notable brand names, which used to be an abbreviation of the company name, UBS is now not considered an acronym. ^ UBS was founded in 1862 given that the Bank in Winterthur.[21] The Bank in Winterthur arrived with the motion that founded muiltple Suisse Grossbanken https://financefeeds.com/bitcoin-btc-ripple-xrp-and-ethereum-eth-face-heavy-sell-off-whats-next/