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Liechtenstein private bank LGT reports 9 pct rise in net profit

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Private bank and asset manager LGT, owned and managed by Liechtenstein's royal family, on Monday reported a 9 percent rise in 2016 net profit to 230 million Swiss francs ($228.4 million). Based in Liechtenstein's capital Vaduz, LGT also reported record net new money of 11.7 billion francs. Assets under management…

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