J Safra Sarasin Announces 2016 Results
J Safra Sarasin has reported an increase of 9.4% in net profit from CHF 230.5 million in 2015 to CHF 252.1 million in 2016. In addition, assets under management has also increased from CHF 144 billion in 2015 to CHF 148 billion in 2016. Cost income ratio is stable at 60% which positions the bank as one of the best in the private banking industry.
” AUM increased from CHF 144 billion in 2015 to CHF 148 billion in 2016 “
J Safra Sarain has increased the number of relationship managers from 422 at end of 2015 to 428 relationship managers at end of 2016.
News Source: J Safra Sarasin Press Release
About J. Safra Sarasin
J. Safra Sarasin Group is part of the family-owned Safra Group, a highly regarded name in global Private Banking with a long and successful history. The two names – Safra and Sarasin – stand for tradition, sustainability, and security. Founded in 1841, the bank is a pioneer in sustainable investments, with more than twenty years’ experience in this field and employs a Sustainability Research Team who have, on average, fifteen years of professional experience.
- Origin : Basel, Switzerland
- Assets : CHF 29.87 billion
- Revenue : CHF 1.02 billion
- Employees : 28,000
Official Website: www.jsafrasarasin.com
News & Media: Press Release
Updated on 8th August 2016