UBP doubles North Asia NNM as brokerage and wealth planning surge

Teresa Lee, UBP

Union Bancaire Privée (UBP) more than doubled its net new money (NNM) in North Asia for 2025 while capturing surging brokerage and wealth planning revenues, North Asia region head and Hong Kong CEO Teresa Lee told Asian Private Banker. Revenue for the North Asia business grew nearly 15% yoy in Swiss franc terms, driven by brokerage fees — which accounted…

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