Banking group Julius Baer increased its half-year profit by 26%

Swiss banking group Julius Baer in the first half of 2018 increased its adjusted net profit by 26% year-on-year to a record high of 444 million Swiss francs due to the growth in the volume of assets managed by the company. Operating profit was 1 billion 790 million francs, increased by 12%. At the same time, net trading income jumped by 129%. The increase in the indicator of collected commissions was 10%, while net interest and dividend income fell by 2%. For six months, the volume of assets under the management of the group increased by 3% in annual terms to 400 billion francs. The net inflow of cash grew by 5.1%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: