UBS posts best profits since before financial crisis at £5.6bn

Swiss lender UBS has registered its best profits since before the financial crisis. The bank, which specialises in managing the money of the world’s richest, booked a $7.5bn (£5.6bn) for the whole of 2022, its best take since 2006, it announced today. UBS’s global wealth management was the bank’s bright spot, generating $563m in profits [...]