Wealth and Asset Management
Julius Baer posts record adjusted net profit
Assets under management (AuM) CHF 355 billion, up CHF 19 billion, or 6%, from the end of 2016. Net new money over CHF 10 billion, or 6.1% annualised, exceeding the 4–6% target range, underlining the success of the organic growth initiative. Operating income CHF 1,592 million, an increase of 12%…
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