Vontobel Reports 1st Half 2017 Results

Vontobel Reports 1st Half 2017 Results

Vontobel reports 1st half 2017 results with adjusted net profit rising by 7% to CHF 106.1 million while cost-income ratio of is at 76.1%.

” Wealth Management had around CHF 50 billion of client assets “

As at 30 June 2017, Wealth Management had around CHF 50 billion of client assets while the total assets reached a record CHF 207.7 billion at the end of the first half of 2017 (end of June 2016: CHF 179.3 billion).

• Asset Management recorded a pre-tax profit of CHF 69.5 million (CHF 85.3 million)
• Wealth Management’s pre-tax profit rose to CHF 38.4 million in the first half of 2017 (CHF 34.2 million)
• Financial Products grew its pre-tax profit by an impressive 72% to CHF 51.5 million (CHF 30.0 million).

News Source: Vontobel Press Release

- Article continues below -

Quick Links, Ads & Announcements
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2024 Investment Day | 2024 Family Office Summits | Family Office Circle

Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)

The 2024 Investment Day
17th Oct Hong Kong | 7th Nov Singapore
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place on 17th Oct 2024 in Hong Kong, 7th Nov 2024 in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here

The 2024 Family Office Summit
17th Oct Hong Kong St Regis | 7th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2024 Family Office Summit | Register here

2024/2025 Institutional Investor Summit / Roundtable
March / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Senior investment team from Sovereign Wealth Funds, Pension Funds, Endowments, Foundations & Charities in Hong Kong, Singapore & Asia-Pacific at the 2024 Institutional Investor Summit / Roundtable.   Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

2024/2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

2024/2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit.  Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

About Vontobel

Vontobel (SWX:VONN) is an independent, family-owned Swiss Private Bank and stands for stability, financial strength and risk-conscious behaviour across generations. Established in 1924, the bank currently has operations in 22 locations worldwide. It provides Private Banking services for private clients, also Investment Banking and Asset Management services for institutional clients. For three years in a row (2014,2015,2016), Bilanz, the Swiss business magazine, awarded Vontobel the no. 1 ranking among all the private banks of Switzerland.

• Origin: Zurich, Switzerland
• Assets: CHF 17.6 billion
• Revenue: CHF 988.6 billion
• Employees: 1,500

Official Website : www.vontobel.com 

News & Media: Press Release

Updated on 8th August 2016