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LUKB expects flat profits for 2022 as CEO brands markets ‘volatile’

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Luzerner Kantonalbank reported a consolidated net profit of CHF 55.6m in Q1 2022, an increase of 1.6% (CHF 900m) compared with the same period in 2021. For the full 2022 financial year, the bank aims to achieve a similar consolidated net profit to the previous year. In 2021, its consolidated…

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