UBS reported strong earnings for the fourth quarter, boosted by strong growth in its Wealth Management division and Wealth Management Americas division, which posted a record quarterly profit.

The wealth management divisions delivered their best pre-tax profit since the financial crisis, CEO Sergio Ermotti told investors on a conference call. “2013 was a year of strong execution and noteworthy achievements,” Ermotti said.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access