UBS: Starting 2023 from a position of strength

CEO Ralph Hamers said: "We are starting 2023 from a position of strength. While the macroeconomic outlook remains uncertain, our operational resilience, capital strength and capital generation put us in a great position to serve our clients, fund growth and deliver strong capital returns to shareholders. We remain committed to a progressive dividend and expect to repurchase more than USD 5bn of shares in 2023."