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UBP 2017 profits up 25% YoY, highlighted by Asia growth

Guy de Picciotto, CEO of Union Bancaire Privée (UBP), said the bank’s positive results, which include a 25% YOY increase in profits, “reflect the efforts and investments” made over last few years “particularly in Asia”. In a result announcement made today, the bank said its 2017 net profit was CHF220.4 million. In revenue, the bank said “bullish financial markets” helped…

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