ETRACS Alerian MLP Index ETN Class B ( (AMUB) ) has provided an update.
UBS Group AG released its fourth-quarter report for 2024, highlighting significant developments and financial performance. The report shows a total revenue of USD 11,635 million for the quarter and a net profit of USD 770 million, despite a decrease in operating profit compared to the previous quarter. The year 2024 saw an increase in total revenues to USD 48,611 million, largely influenced by the acquisition of Credit Suisse Group. The report also noted an improvement in the underlying return on tangible equity and a stable common equity tier 1 capital ratio, reflecting UBS’s robust financial position.
More about ETRACS Alerian MLP Index ETN Class B
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