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Vontobel’s WM AUM up by 3.5% in 2015

12 February 2016
huGO-BildID: 30766902 epa03672654 The headquarters of the Swiss bank Vontobel in Zurich, Switzerland, 22 April 2013. According to media reports on 21 April 2013, German soccer club FC Bayern Munich, President, Uli Hoeness, who is under investigation for alleged tax evasion after a voluntary declaration, is alleged to have cash in Swiss bank Vontobel. EPA/STEFFEN SCHMIDT +++(c) dpa – Bildfunk+++

Despite market turmoil in the first weeks of the year, Vontobel’s wealth management division posted a 3.5% increase in client assets year-on-year, according to the latest reports. The Swiss lender’s private bank saw its global client assets rise to CHF 35.1 billion (US$36 billion). The number of client advisors also increased by 7% for the private banking unit. However, Vontobel’s…

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