ABSTRACT

This chapter discusses the areas of investment banking and asset management, as well as examining possible future trends resulting from the Kyoto Protocol. With regard to Initial Public Offerings and Equity Underwriting, Initial Public Offering (UBS) endeavours, where appropriate, to take environmental risks into consideration when pricing and placing with potential investors. Corporate finance itself provides financial advice on mergers, acquisitions, bid defences, restructurings and disposals, as well as capital-raising services, to major companies, sovereign governments and other global institutions. UBS's environmental goals for investment banking are based on its environmental policy, the objective being to incorporate due consideration of environmental risks into risk management processes, especially in lending and in investment banking. The environmental services at corporate headquarters, known as Environmental Risk Management Services, has established a help-desk to assist business and credit officers in the assessment and management of environmental risks associated with financial transactions.