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Swiss bank Pictet says H1 net profit down 16 pct at 191 mln Sfr

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Swiss bank Pictet on Friday posted consolidated net profit of 191 million Swiss francs for the first six months of 2016, a 16 percent drop on the same period last year. The bank's assets under management or custody, split between its private banking and asset management businesses, totalled 436 billion…

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