Vontobel Sees Private Bank Results Surge, but AUMs Struggle

Vontobel reported a 36 per cent rise in pre-tax profits for its private banking unit, but net new money into the business was cancelled out by outflows. Pre-tax profit came in at SFr35.6 million($28.2....

Click to view the full article


By: Contributing Editor
August 25, 2005
Vontobel reported a 36 per cent rise in pre-tax profits for its private banking unit, but net new money into the business was cancelled out by outflows. Pre-tax profit came in at SFr35.6 million($28.2....