UBS GWM APAC’s business sees pre-tax profits plummet 39% YoY in 4Q18

22 January 2019 | 2 minutes read

UBS Global Wealth Management’s Asia Pacific business witnessed a lacklustre fourth quarter performance last year, posting a 39% year-on-year drop in profits before tax — falling from US$174 million in 4Q17 to US$106 million in 4Q18. Meanwhile, its cost-income ratio for the region rose to 79%, 12 percentage points higher than 2017’s final quarter. The Swiss lender attributed its subdued…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]