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ubs aims for higher profit margins through potential mergers and acquisitions
UBS aims to increase its Americas wealth unit's pre-tax profit margin from 9% in 2024 to 15% by 2027, despite challenges from rising interest rates that have shifted client investments. The bank's $2.1 trillion asset management unit lags behind competitors, prompting speculation about potential mergers and acquisitions to enhance profitability and scale. Options include acquiring independent boutiques or larger firms like Ameriprise Financial or Raymond James Financial to bolster its wealth management capabilities.
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