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Bumper six months for UBS WM APAC as profits jump, NNM flows in

UBS, Kowloon

UBS Wealth Management APAC has posted a “record-high” 41% YoY increase in pre-tax profit for the first half of the year, with the region standing out as the largest contributor of PBT and accounting for around 20% of UBS’ global wealth management profit. APAC PBT reached CHF 475 million from CHF 336 million a year earlier. Combined, APAC and emerging…

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