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Swiss private bank Lombard Odier's 2016 profits fall, assets rise

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Swiss private bank Lombard Odier pulled in more money from its customers in 2016, but its profits fell as a result of more subdued client activity. Lombard Odier Group on Thursday said net profit fell 13 percent to 124.5 million Swiss francs $122.7 million. Client assets rose 4 percent to…

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