The combined bank had total assets of CHF 202 million and a total shareholders' equity of CHF 46 million.[71] In 1917, UBS completed the construction of a new headquarters in Zurich on Bahnhofstrasse, considered to be the Wall Street of Switzerland.[72] By 1923, offices were established throughout Switzerland.[3] Although the bank suffered in the aftermath of World War I and the Great Depression, it was able to make several smaller acquisitions; in 1937 it established Intrag AG, an asset management business responsible for investment trusts, (i.e. mutual funds).[71][85]