Swiss wealth manager EFG International’s pre-tax profits fell 10.4 percent year-on-year in the first half of 2022.
Pre-tax profits fell from CHF 132.9 million at 30 June 2021 to CHF 119.1 million this year.
However, the firm said underlying net profits rose by 40 percent year-on-year to a record CHF 115.0 million.
Meanwhile underlying operating income rose three percent year-on-year to CHF 601.8 million, which the firm said reflected net interest income and lower n...
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