UBP records stable profit growth at year’s midway point

20 July 2017 | 2 minutes read

A year removed from its acquisition of Coutts in Asia, Union Bancaire Privee has posted a solid set of mid-year financials, headlined by double-digit top and bottom line growth. Operating revenues increased 12.5% YoY and operating profit jumped 21.2% to CHF 133.7 million for the group. Expenses were also up (CHF 294.5 million, +9.9% YoY), however, due largely to the…

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