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Julius Baer books record net profit in 1H21

Julius Baer’s 1H21 net profits rose 23% YoY to a record CHF 606 million (US$658 million), mainly on the back of a supportive market, a weaker Swiss franc, and increased net inflows. Operating income rose 8% to nearly CHF 2 billion, on account of the significant growth in commission and fee income. Net commission/fee income was up 12% to CHF…

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