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Swiss Private Bank Posts Bumper Profits

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Baumann & Cie, one of the last Swiss genuinely «privé» banks, hiked its profit to the highest level in 11 years. The Basel-based wealth manager lifted its net profit by nine percent to 18.9 million Swiss francs ($20.7 million) last year, it said in a statement (in German). The bank…

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Click here to read the full story: Finews.com

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