Zurich, Switzerland (Le Temps, Fre) – Julius Baer, Switzerland’s largest wealth management bank, Friday announced an increase in net profits of 28.2% in its first six months, over the same period in 2006, to SFr518 million. The bank manages SFr405.5 billion, of which SFr152.8b is wealth (private fortune) management, which grew by 12%. One-third of the wealth management increase was due to new money invested with the bank. Julius Baer Group press release
Posted by Ellen Wallace on 27 July 2007 at 9:34, last updated on 15 May 2009 at 17:01 |
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News story, GenevaLunch, 27 July 2007.
Filed under: Business
Tags: Bank Julius Baer, Business and finance, Swiss business, Swiss companies
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