Wealth and Asset Management
Private Bank Maerki Baumann Ups Profit Despite Fewer Assets
Swiss private bank Maerki Baumann increased its profits helped by higher interest income. A board member will be stepping down. Zurich-based private bank Maerki Baumann reported a profit of 8.515 million Swiss francs ($9.3 million) last year from 7.721 a year earlier, despite a decrease in revenue-generating client assets, according…
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