Swiss private banks Pictet and Lombard Odier are due to publish their financial statement this week after two centuries of secrecy.
Pictet, which was founded in 1805 in Geneva and currently third-biggest Swiss wealth and asset manager after UBS and Credit Suisse, is expected to declare its results on 26 August 2014.
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While, Lombard Odier- the Geneva-based bank established in 1796-is expected to publish its earnings on 29 August 2014.
Under pressure from regulators overseas, the two private banks dropped their centuries-old partnership structures January, bringing with it the requirement to report earnings publicly.
Since these banks remain privately owned, the disclosures will be less detailed than for listed banks.
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By GlobalData
