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Profits Soar at Banque Privee Edmond de Rothschild

Stephen Harris

5 September 2006

First half net profit at Geneva-based Banque Privee Edmond de Rothschild has jumped 76 per cent to SFr95.4 million on 35 per cent higher revenues of SFr346.1 million. Client assets under management grew 6 per cent to SFr78.8 billion, with negative performance and currency fluctuations partly offsetting new money inflows of SFr6 billion. The bank has around 1,200 employees.