Sarasin Reports Strong Profits, CEO to Step Down

Bank Sarasin reported a net profit of SFr55 million ($43,1 million) in the first half of 2005, a 37 per cent year-on-year rise. The bank also announced that its chief executive Peter Merian will step down....

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By: Contributing Editor
August 23, 2005
Bank Sarasin reported a net profit of SFr55 million ($43,1 million) in the first half of 2005, a 37 per cent year-on-year rise. The bank also announced that its chief executive Peter Merian will step down....