In the midst of Union Bancaire Privée’s (UBP) integration with Coutts, the Swiss private bank posted net earnings of CHF79.5 million (US$82.8 million) in Q2 2015, a 3% slip year-on-year. The Geneva-headquartered pure play attributed the dip partly to the strengthening Swiss franc, which its chief executive said could continue to affect 2015 revenues. The Coutts acquisition also added to…
UBP first half earnings slip 3% amid Coutts integration
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