Union Bancaire Privée (UBP) has increased net profits by 12.4 percent in the first half of 2022.
Net profits stood at CHF 112.6 million in H1 2022 compared with CHF 100.2 million a year earlier.
Revenues were also up. These rose 10.5 percent, which the Swiss bank attributed to a higher net interest margin (up CHF 42.7 million) and recent acquisitions.
Revenues stood at CHF 620.9 million at the end of June 2022 compared with CHF 562.1 million a year earlier.
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