ETRACS Alerian MLP Index ETN Class B ( (AMUB) ) has issued an announcement.
UBS Group AG reported strong financial performance for the fourth quarter of 2024, with a significant increase in profit before tax and overall net profit of 0.8 billion. The company achieved a full-year net profit of 5.1 billion, marking a robust return on capital and demonstrating successful integration efforts, particularly in asset management and investment banking. UBS has made considerable strides in integrating Credit Suisse, reducing execution risk, and maintaining a stable capital position, with a CET1 capital ratio of 14.3%. The company plans to propose a 29% increase in dividends, reflecting its solid year-on-year growth and commitment to enhanced client service and future success. UBS’s strategic investments across its global asset-gathering platform and the investment bank have allowed it to capture growth and maintain reliability as a partner in the Swiss economy, supporting families and businesses.
More about ETRACS Alerian MLP Index ETN Class B
YTD Price Performance: 9.92%
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