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UBP Profit Soars

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Full-year 2017 net profit was CHF 220.4 million, up 25% or CHF 44 million compared to the 2016 figure of CHF 176.4 million. The cost/income ratio improved to 64.1% compared with 67.9% in 2016, reflecting the Group's strong earnings. Assets under management reached CHF 125.3 billion, a rise of 5.9%…

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