UBS Americas Reports Strong Flows of Fee-Generating Wealth Management Assets – Barron’s

UBS’s wealth management business in the Americas pulled in $17.2 billion in net new fee-generating assets during the first quarter, and its pretax profit jumped to a record.

The results show how the Americas wealth unit, primarily focused on the U.S., continues to serve as a key engine of the Swiss bank’s global wealth management effort. UBS is one of the largest wealth managers in the U.S.

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