Quintet Private Bank, the parent company of Brown Shipley, has reported a 159 percent increase in profits in its 2023 results.
Net profits rose from €18.1 million in 2022 to €46.9 million.
In 2023, total group income rose to €602.4 million, up 15 percent compared with the €524 million reported in 2022.
Group expenses grew 5.9 percent to €522.1 million in 2023, compared with €493.2 million the previous year.
Consequently,...