Bank Sarasin Sees Strong Profit Growth, But AUM Growth Less Convincing

Bank Sarasin, the Basel-based private bank, reported a 39 per cent rise in net profit in 2005 to SFr116 million ($89.1 million). Assets under management rose by 18 per cent to SFr63.5 billion. The bank....

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By: Contributing Editor
March 15, 2006
Bank Sarasin, the Basel-based private bank, reported a 39 per cent rise in net profit in 2005 to SFr116 million ($89.1 million). Assets under management rose by 18 per cent to SFr63.5 billion. The bank....