Record profits at the wealth franchise of UBS Group AG in Asia Pacific helped the Swiss financial major absorb losses from the Archegos blowout that ensnared fierce rival Credit Suisse Group AG. Group-wide net profit for 1Q21 rose 14% YoY to US$1.8 billion, on the back of a 33% increase in group-wide invested assets to US$4.2 trillion across global wealth…
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].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]