The Pictet Group, which holds registered banks in Geneva, Luxembourg, Nassau, Hong Kong and Singapore, generated revenues of CHF 2.124 billion and consolidated net profit of CHF 452 million in 2015, according to unaudited results published Friday.
These figures, for the year ended 31 December 2015, demonstrated an increase in revenues of 3% against a 2% decrease in consolidated net profit. By this same date, assstes under management or in deposit amounted to CHF 437 billion, indicating an increase of CHF 2 billion compared to 1 January 2016. Net new money growth reached CHF 14.6 billion over the full year.
"All our strategic markets - Switzerland, the European Union and Asia - recorded net inflows to which each of our business lines, asset management, money management and asset servicing," commented Jacques de Saussure, Senior Partner. "This growth demonstrates our long-term approach to customer interests and our ability to adapt to an evolving environment."
Photo by Pictet
