RBC Capital Markets has expressed optimism about UBS Group AG, a holding company with four main business segments.
The largest source of revenue for the company is wealth management, accounting for 50.9%, followed by investment banking at 20.8%, retail and corporate banking at 20.2%, and asset management at 6.3%. Other services make up the remaining 1.8%.
By the end of 2023, UBS Group AG is projected to have deposits of USD 792 billion and loans of USD 639.8 billion, highlighting its strong presence in the financial sector. This demonstrates UBS's ability to effectively navigate the complexities of the market due to its diverse business model and solid financial position.