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UBP profit rises 15% to CHF 257.4mn in 2024

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Swiss private bank Union Bancaire Privée (UBP) reported a 15% rise in group profit to Swiss franc (CHF) 257.4 million for 2024, driven by strong client asset growth, higher brokerage activity, and an effective interest rate hedging strategy. UBP is headquartered in Geneva and specialises in wealth management for private…

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