Wealth and Asset Management
BCV Group posts CHF 310m net profit in 2016
BCV Group delivered solid 2016 results in a challenging environment. Due to persistently negative interest rates and lackluster financial markets, revenues declined 6% to CHF 967m and operating profit dropped 4% to CHF 383m. As expected, net profit came in below the 2015 figure, which was pushed up by non-recurring…
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