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Credit Suisse loss deepens after settling mis-selling scandal

  • Published: 27 Mar 2017

Credit Suisse has reported that it loss for 2016 and the fourth quarter of 2016 broadened than the originally reported figure after adding provisions to settle a residential mortgage-backed securities (RMBS) case with the National Credit Union Administration Board (NCUA).. read more

Falcon receives cash infusion from Abu Dhabi owner after slipping into loss

  • Published: 24 Mar 2017

Private banking boutique Falcon Group – involved in Malaysia’s 1MDB state investment fund scandal - has reported a loss of CHF128m for the financial year 2016.. read more

Arbuthnot Latham pre-tax profit surges 51% in 2016

  • Published: 24 Mar 2017

Arbuthnot Latham, the private banking unit of Arbuthnot Banking Group, has reported pre-tax profit of £9.1m for the year ended 31 December 2016, a 51% surge compared to £6m a year ago.. read more

Mirabaud registers 17% jump in annual net income

  • Published: 23 Mar 2017

Mirabaud, a Swiss wealth and asset management group, has reported a consolidated net income of CHF31.6m for the year ended 31 December 2016, an increase of 16.7% compared to CHF27.1m a year ago.. read more

Raiffeisen Bank International annual net profit surges 22%

  • Published: 17 Mar 2017

Austrian lender Raiffeisen Bank International (RBI) has reported a net profit of €463m for the year ended 31 December 2016, a jump of 22% from €379m a year ago.. read more

Brooks Macdonald H1 pre-tax profit jumps 49%; discretionary FUM up 19%

  • Published: 16 Mar 2017

British wealth manager Brooks Macdonald Group has reported a pre-tax profit of £8.16m for the six months ended 31 December 2016, a 49% surge compared to £5.48m in the prior comparative period.. read more

EFG International annual net profit surges to CHF339.3m

  • Published: 16 Mar 2017

Swiss private bank EFG International has posted net profit of CHF339.3m for the year ended 31 December 2016, a huge surge compared to CHF57.1m a year ago.. read more

Close Brothers adjusted operating profit surges in H1; names new chairman

  • Published: 15 Mar 2017

Close Brothers Group has posted an adjusted operating profit of £134.2m for the six months to 31 January 2017, an increase of 21% from £111.2m a year ago.. read more

LGT registers 9% rise in 2016 profit

  • Published: 14 Mar 2017

LGT, the private banking and asset management group owned by Princely Family of Liechtenstein, has posted group profit of CHF230m for the year ended 31 December 2016, an increase of 9% compared to CHF211m a year ago.. read more

Old Mutual Wealth adjusted operating profit drops 15% in 2016

  • Published: 10 Mar 2017

Old Mutual Wealth has posted a pre-tax adjusted operating profit (AOP) of £260m for the year ended 31 December 2016, a 15% decrease compared to £307m a year ago.. read more

Lombard Odier annual net profit slides 13%

  • Published: 10 Mar 2017

Swiss private bank Lombard Odier has reported a consolidated net profit of CHF124.5m for the year ended 31 December 2016, a decrease of 13% compared to CHF144m a year ago.. read more

LGIM annual operating profit rises 3%; AuM surges 20%

  • Published: 9 Mar 2017

Legal & General Investment Management (LGIM) has reported an operating profit of £366m for the year ended 31 December 2016, an increase of 3% compared to £355m a year ago.. read more

Schroders annual pre-tax profit rises 5%

  • Published: 3 Mar 2017

British fund manager Schroders has posted a pre-tax profit of £618.1m for the year ended 31 December 2016, a 5% increase compared to £589m in the prior year.. read more

GAM Holding underlying net profit plummets 41% in 2016

  • Published: 3 Mar 2017

Swiss money manager GAM Holding has reported underlying net profit of CHF94.2m for the year ended 31 December 2016, a decline of 41% compared to CHF158.4m in the prior year.. read more

Man Group slips to loss in 2016

  • Published: 2 Mar 2017

Man Group, a London-based asset manager, has posted has loss before tax of $272m for the financial year ended 31 December 2016, compared to a profit of $184m in the prior year.. read more

National Bank of Canada net income surges to C$497m in Q1

  • Published: 2 Mar 2017

The National Bank of Canada has posted a net income of C$497m for the first quarter of 2017, an increase of 90% compared to C$261m a year ago.. read more

BMO Financial wealth unit net income surges to C$266m in Q1

  • Published: 1 Mar 2017

BMO Financial's wealth management unit has posted net income of C$266m for the first quarter of fiscal 2017, an increase of 81% compared to C$147m for the same period in the previous year.. read more

St. James's Place annual pre-tax profit down 7%

  • Published: 1 Mar 2017

British wealth manager St. James's Place (SJP) has posted a profit before shareholder tax of £140.6m for the year ended 31 December 2016, a 7% decrease compared to £151.3m from a year ago.. read more

Scotiabank Q1 net income up 10%

  • Published: 1 Mar 2017

Scotiabank has reported attributable net income of C$1.91bn for the first quarter of 2017, a 10% increase compared to C$1.73bn a year ago.. read more

Standard Chartered net loss shrinks to $478m in 2016

  • Published: 27 Feb 2017

Standard Chartered has reported a net loss of $478m for the year ended 31 December 2016, a huge improvement compared to a loss of $2.36bn in 2015.. read more


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