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%.
U.S. and Russia agree to talks, Oil prices rebound after 18-year lows23.03.2020
Singapore Airlines to reduce most of its fleet as coronavirus creates “greatest challenge”20.03.2020
Gold drops out of its $1,600 support as investors sell to cover losses19.03.2020
Dollar continues its climb as panic grows over piling virus fears