Reported net profit attributable to shareholders increased by 4% to CHF735m for 2018 compared to 2017. Net interest and dividend income declined by 7% to CHF919m in 2018. Net commission and fee income was down by 1% to CHF1.9bn for 2018. Trading income rose by 75% to CHF530m in the same period. Operating income rose by 4% to CHF3.37bn for 2018 compared to 2017. Personnel expenses were up by 4% to CHF1.62bn for 2018 compared to 2017. General expenses rose by 6% to CHF688m in 2018. Operating ex
04 Feb 2019
Disappointing FY2018 figures, targets partly downgraded
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Disappointing FY2018 figures, targets partly downgraded
Reported net profit attributable to shareholders increased by 4% to CHF735m for 2018 compared to 2017. Net interest and dividend income declined by 7% to CHF919m in 2018. Net commission and fee income was down by 1% to CHF1.9bn for 2018. Trading income rose by 75% to CHF530m in the same period. Operating income rose by 4% to CHF3.37bn for 2018 compared to 2017. Personnel expenses were up by 4% to CHF1.62bn for 2018 compared to 2017. General expenses rose by 6% to CHF688m in 2018. Operating ex