Wealth and Asset Management
Vontobel to Cut Costs After Profit Declines
The Zurich-based investment house qualifies its 2023 performance as «solid» in a challenging market environment for active asset managers – but shareholders won't see any change to their dividends. Vontobel reported that pre-tax profit fell 2 percent to 262.7 million francs in 2023, an announcement sent by the institution on…
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