UBS Group AG, a prominent player in the financial industry, has announced a solid financial structure with current deposits totaling USD 792 billion and current loans amounting to USD 639.8 billion as of the end of 2023.
The company operates in four main segments: wealth management, which contributes 50.9% of revenues; investment banking at 20.8%; retail and corporate banking at 20.2%; and asset management, which accounts for 6.3% of revenues.
UBS predicts that the S&P 500 will reach 6,600 by the end of 2025, indicating a positive outlook for U.S. equities. This forecast demonstrates the firm's confidence in the market's resilience and growth potential, driven by various economic factors and corporate performance.