Ubs Group (CH:UBSG) has released an update.
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UBS Switzerland AG reported a net profit of CHF 3,133 million for the year ended December 31, 2023, a notable increase from CHF 2,707 million in the previous year. The financial statements revealed a solid operating income of CHF 9,655 million, underpinned by strong gross interest income and net fee and commission income. The company also proposes an ordinary dividend distribution of CHF 3,184 million to shareholders at the upcoming Annual General Meeting.
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