Lombard Odier Reports 2016 Results
Operating income for 2016 was CHF 1.04 billion, 3% lower in 2015. Consolidated net profit also fell 13% to CHF 124.5 million.
” client assets rose by 4% to CHF 233 billion “
However, client assets rose by 4% to CHF 233 billion in 2016 from CHF 224 billion in 2015. Net inflows and market performance lifted the client assets performance over the year inspite of a negative impact from the strong Swiss franc
News Source: Lombard Odier Press Release
About Lombard Odier
Lombard Odier is an independent bank, solely dedicated to serving clients since 1796. Since being founded, it has grown through over 40 major financial crises including the 1929 Wall Street Crash, the Dot Com bubble, and even two World Wars. It is focused on providing wealth and asset management services for private and institutional clients, and have developed a much sought-after technology platform to support them.
- Origin : Zurich, Switzerland
- Assets : CHF 16.25 billion
- Revenue : CHF 1.08 billion
- Employees : 2,100
Official Website: www.lombardodier.com
News & Media: Press Release
Updated on 8th August 2016