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Investing.com -- Swiss bank Vontobel (SIX:VONN) on Thursday reported a group net profit of 115.5 million Swiss francs ($145.8 million) for the first half of 2025.
The bank attracted net new money of 2 billion Swiss francs during the period, according to its half-year results presentation released.
The private clients segment was a key contributor, bringing in 3.3 billion francs.
Meanwhile, the institutional clients segment experienced outflows during the first half of the year but managed to reverse this trend in the second quarter, returning to positive flows.
Vontobel’s assets under management increased to 233 billion francs, up from 229 billion francs at the end of 2024.
This growth was driven by positive market performance, which offset negative exchange rate impacts of 9.1 billion Swiss francs.
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