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UBP Reports Solid Net Profit 

Revenue for UBP has increased by 24.7% from CHF 749.7 million in 2015 to CHF 934.6 million. This is due to the increase in interest income, fees & commissions related to expansion, especially in Asia as well as growth in the EMEA region.

The operating income has also increased from CHF 152 million in 2015 to CHF 191.9 million in 2016. As of 31st December 2016, assets under management was CHF 118.3 billion, an increase of 7.6% from CHF 110 billion at end of 2015. This is due to increase in assets in Asia and inflows from institutional clients.

News Source: UBP Press Release

 

About Union Bancaire Privee

UBP Bank
UBP Bank

Union Bancaire Privée (UBP) was founded in 1969 by Edgar de Picciotto, whose vision from the outset was to offer investors an astute and innovative wealth management service. The bank activity is focused on providing wealth management for both private and institutional clients. In the last five years, the Bank has acquired the Swiss subsidiary of the ABN AMRO group, the international private banking business of Lloyds, as well as Nexar Capital Group, a major player in the alternative investment space.

  • Origin : Brussels, Belgium
  • Assets : CHF 25.21 billion
  • Revenue : CHF 750 million
  • Employees : 1,300

Official Website: www.ubp.com

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News & Media: Press Release

Updated on 8th August 2016

 



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