Geneva-based private bank Union Bancaire Privée (UBP) delivered a sharp increase in first-half earnings, benefiting from stronger financial markets, higher client activity and synergies from its latest acquisitions. Assets under management also climbed to nearly CHF 194 billion.

The financial markets and its recent acquisitions have given Union Bancaire Privée (UBP) fresh momentum. (Image: Courtesy of UBP)

Thursday, 16 July 2026 07:05

Union Bancaire Privée (UBP) posted a strong set of first-half results, with net profit rising 40.4 percent year-on-year to CHF 169.4 million, the Geneva-based private bank announced on Thursday.

Assets under management increased by 4.8 percent from year-end to CHF 193.5 billion, supported by favorable market performance and positive investment returns across the bank’s discretionary mandates and investment funds.