EFG International has disclosed its 2009 results, declaring a loss of SFr101.1m (US$95.6m) for the year, a decline of 54% over 2008. Operating income also fell (by 9% year on year) to SFr859.1m. Good news however could be seen in the bank’s increased AUM, which rose by 14% in 2009 to SFr86.2bn. The year 2009 was a time of cost…
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