Swiss Bank Sees Net Profit Halve

Troubled Swiss bank Societe Bancaire Privee saw its net profit fall 49.1 per cent year-on-year to SFr1.2 million ($1 million) in the first six months of 2007. Gross profit dropped 17 per cent to SFr3.2....

Click to view the full article


By: Christopher Owen
August 31, 2007
Troubled Swiss bank Societe Bancaire Privee saw its net profit fall 49.1 per cent year-on-year to SFr1.2 million ($1 million) in the first six months of 2007. Gross profit dropped 17 per cent to SFr3.2....