With loans of close to USD 400bn and deposits over USD 500bn we saw combined net interest income up 15% year-on-year for GWM and P&C. We saw USD 12bn of outflows in Asset Management, primarily from equities. Against this backdrop, Global Wealth Management net new fee-generating assets flows were muted at USD 0.4bn globally, but they were over USD 3bn positive in APAC. The audio webcast of the earnings call starts at 09:00 CEST, 26 July 2022Ī definition of each alternative performance measure, the method used to calculate it and the information content are presented under “Alternative performance measures” in the appendix to our 2Q22 report.
UBS’s 2Q22 results materials are available at ubs.com/investors Ralph Hamers Quote (Graphic: UBS Group AG)
