Ubs Group (CH:UBSG) has released an update.
UBS Switzerland AG has reported a notable increase in net profit for the year ended December 31, 2023, rising to CHF 3,133 million from CHF 2,707 million the previous year. The financial statements reveal a substantial growth in gross interest income and a consistent performance in fee and commission income. Despite a dynamic economic environment, the company has strengthened its financial position, demonstrating resilience and strategic growth.
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