Q4 Charges Drop 15.8% as Legacy Assets Roll Off
- UBS reported that its market risk-weighted assets (RWAs) fell to $23.8 billion in the fourth quarter of 2025, dropping below pre-FRTB levels.
- According to reporting from Risk.net on April 7, 2026, the bank's market risk charges decreased by 15.8% in the fourth quarter of 2025.
- Since January 1, 2025, UBS has calculated its total market RWAs using the revised standardised approach established under Basel III.
UBS reported that its market risk-weighted assets (RWAs) fell to $23.8 billion in the fourth quarter of 2025, dropping below pre-FRTB levels.
According to reporting from Risk.net on April 7, 2026, the bank’s market risk charges decreased by 15.8% in the fourth quarter of 2025. This decline represents the lowest level of charges the institution has seen in six quarters.
Regulatory Framework and Asset Calculations
Since January 1, 2025, UBS has calculated its total market RWAs using the revised standardised approach established under Basel III.
The fourth quarter 2025 figure of $23.8 billion is the lowest recorded since the second quarter of 2024, when RWAs were $22.5 billion. At that time, the output was determined by a combination of internal models and standardised formulas.
Drivers of the Decline
UBS attributed the reduction in market risk-weighted assets to the continued roll-off of legacy assets.