Pre-tax profits in Van Lanschot Kempen's investment management division - which includes wealth management services - increased by 170 percent in the firm's Q1 2024 results.
The figure rose to €6.5 million from Q1 2023's €2.4 million.
The Dutch firm attributed the rise to increased commission income and a "slightly lower" cost level.
For the firm as a whole, pre-tax operating profit stood at €45.1 million, a 62 percent increase from the €27.8 million reco...
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