Geneva private bank CBH - Compagnie Bancaire Helvétique – reported a 66 percent increase in profits for 2023.
Consolidated profits rose from CHF 20.78 million to CHF 34.5 million in the period.
This was supported by a 47 percent increase in operating income from CHF 124.83 million to CHF 183.5 million. CBH attributed this to net interest income, which was mainly due to recent rises in interest rates.
Operating expenses increased by 15 percent year-on-year...
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