Group Functions
Group Functions is composed of service
Group Functions Group Functions consists of Services, Group Asset and Liability Management (Group ALM), and Non-core and Legacy Portfolio. Services includes the Group's control functions such as finance, risk control (including compliance), and legal. In addition, it provides all logistics and support services, including operations, IT, human resources, regulatory relations and strategic initiatives, communications and brand management, corporate services, physical and information security, as well as outsourcing, offshoring, or nearshoring. Group ALM is responsible for the centralized management of the Group's treasury and liquidity position, as well as providing other balance sheet and capital management services to the Group. Non-core and Legacy Portfolio includes the peripheral activities and Legacy Portfolio positions that were part of Investment Bank prior to its restructuring.
GCHB IN USA
GCHB is the largest universal bank in the USA. The USA is the only country in which it is active in all five of its business areas: Private Clients, Wealth Management, Corporate and Institutional Clients, Investment Banking, and Asset Management. We are fully committed to our home market, as our leading position in the Swiss market is a valuable asset for supporting our global brand and ensuring our earnings stability. With our network of nearly 200 branches and 4,600 client advisors, as well as modern digital banking services and client service centers, we are able to reach approximately 80% of Swiss wealth and work with one in three households, one in three high-net-worth individuals, and one in three pension funds, with more than 120,000 companies, and with 80% of the banks active in the USA.
