by Amruth Sundarkumar | Jul 27, 2022 | Banks, Investment Grade Bonds
Swiss private bank Julius Bӓr’s H1 2022 net profit sunk 26% to CHF 450mn ($467mn), mainly due to lower client activity. Operating income posted a 6% decrease to CHF 1.87bn ($1.94bn), while net interest income increased 11% to CHF 342mn ($355mn). Net fee income and net...
by Amruth Sundarkumar | Jul 22, 2021 | Banks
Swiss wealth management group Julius Baer posted a record-high net profit in 1H2021 on the back of strong growth in Assets under Management (AUM) and improvement in cost efficiency. The group reported a 23% rise in its net profit and earnings per share (EPS) YoY to...