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UBS CEO Sergio Ermotti said Wednesday the bank is exploring cryptocurrency access for private clients while building tokenized deposit infrastructure. The announcement came as the Swiss bank reported a 53% rise in full-year net profit to $7.8 billion. "We are building out the core infrastructure and

UBS Group AG is evaluating cryptocurrency trading for private banking clients in Switzerland, people familiar with the matter said. The Swiss bank, which managed $4.7 trillion in wealth assets as of September 30, is selecting partners for a cryptocurrency offering after months of discussions. Select