Lombard Odier’s profits decreased in the first half of 2022 as challenging market conditions took hold.
Consolidated net profit fell five percent year-on-year to CHF 136 million at the end of H1.
Operating income also fell. This dropped four percent compared with H1 2021 to CHF 689 million.
Volatile markets resulted in “significant corrections in asset valuations”, Lombard Odier said.
Total client assets at the end of June were CHF 310 billion, re...
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