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UBS Group Ag ADR(UBS-N)
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UBS profit surges above forecasts, hazy capital outlook weighs on shares

UBS CEO Sergio Ermotti hailed the bank’s revenue growth and highlighted what he called strong client momentum, particularly in the Americas and in the Asia Pacific region
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UBS Asset Management launches its first tokenised Money Market Fund, available through DigiFT
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UBS sells its 50% stake in Swisscard to American Express
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Profile

UBS Group AG is the holding company of UBS Group. The business strategy is centered on pre-eminent global wealth management businesses and universal bank in Switzerland along with global asset management business and investment bank. UBS AG is a bank and the core operating company of the UBS Group. The operational structure of the Group comprises of the following:Global Wealth Management provides financial services globally to wealthy private clients. It develops advice-based relationships through its financial advisors, delivering a fully integrated set of wealth management solutions designed to address the needs of high net worth and ultra-high net worth individuals and families.

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