Wealth and Asset Management
Zurich's State Lender Flourishes Despite Crisis
Profit at Switzerland's largest cantonal lender edged higher last year amid a surge in trading and modest credit losses. Zurich's cantonal bank, or ZKBs, net profit rose to 865 million Swiss francs ($972 million), from 845 million francs the prior year, it said in a statement on Friday. Income from…
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