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EFG triples net profit in 1H21

EFG International has reported 1H21 net profits of CHF 106.5 million (US$115.5 million), tripling the CHF 34.8 million in 1H20 net profits, and nearly one third (32.3%) more than the 2H20 net profits of CHF 80.5 million. The marked improvement reflects greater underlying profitability as well as a significant contribution from the legacy life insurance portfolio from the Zurich-headquartered bank,…

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