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The Allure of Cannes

After a successful return in 2021 after being canceled in 2019 and 2020 because of the Covid-19 pandemic, the Cannes Yachting Festival expects to kick off the European boat show season with an impressive fleet. ....

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Access Bank Renews Pledge To Create Better Future For Children In Nigeria

(AFRICAN EXAMINER) - Access Bank Plc, a Nigerian multinational commercial bank has reaffirmed its commitment to ensure that the Nigerian child is given a better future. Group Managing Director of Access Corporation, Herbert Wigwe gave the assurance while speaking shortly after the Bank raised $1.7 million at its Charity Polo Tournament held at The Guards ....

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Union Bancaire Privee reports net profit of CHF 112.6 million for the first half of 2022

First half-year results 2022 UBP'snet profitwasCHF112.6million in the first half of 2022,up 12.4% fromCHF100.2million a year earlier. Revenuesincreased by 10.5%, driven by a higher net interest margin and recent acquisitions. Assets under managementtotalledCHF148.2 billion at the end of June 2022 compared withCHF160.4billion at end-2021. GENEVA, July 18, 2022 /PRNewswire/ UBP's assets under management amounted to CHF148.2billion at end-June 2022, down 7.6% compared with the end of December 2021. This CHF12.2billion decrease arose from the sharp correction in financial markets during the period. Net new money, meanwhile, was positive at CHF 3.4 billion, driven in particular by the acquisition of Danske Bank International, completed in the first quarter, which offset outflows among existing clients, mainly institutional investors. Revenues rose by 10.5% from CHF 562.1 million in the first half of 2021 to CHF 620.9 million in the first half of 2022. This increase resulted from a ....

Banque Privee , Danske Bank International , Millennium Banque Privee , First Half Year Results 2022 Ubp 39 Snet Profitwaschf112 6million In The Of , Up 12 4 Fromchf100 2milliona Year Earlier Revenuesincreased By 10 5 , Riven Bya Higher Net Interest Margin And Recent Acquisitions Assets Under Managementtotalledchf148 2 Billion At The End Of June 2022 Compared Withchf160 4billion 2021 Geneva , July 18 , 022 Prnewswire Ubp 39s Assets Under Management Amounted To Chf148 2billion At End June 2022 , Own 7 6 Compared With The End Of December 2021 This Chf12 2billion Decrease Arose From Sharp Correction In Financial Markets During Period Net New Money , As Positive At Chf 3 4 Billion , Riven In Particular By The Acquisition Of Danske Bank International , Ompleted In The First Quarter , Hich Offset Outflows Among Existing Clients , Ainly Institutional Investors Revenues Rose By 10 5 From Chf 562 1 Million In The First Half Of 2021 To 620 9 2022 This Increase Resulted Froma Higher Net Interest Margin Up 42 7 Following Recent Rate Hikes , Ut Also From The Addition Of Millennium Banque Privee Business In Late 2021 And Danske Bank International 2022 Revenues Trading Principally Forex Grew Sharply During Period By Chf 16 5 Million Helped To Compensate For Decline Activity Among Private Clients Operating Expensestotalled 411 7 First Half As Opposed 372 This 10 Rise Was Direct Result Recent Acquisitions Investments , Articularly The Recruitment Of Several Teams In Our Priority Markets And Expansion Bank 39s Responsible Investment Offering Net Profitreached Chf112 6million , P 12 4 From Chf100 2milliona Year Earlier Ubp 39s Tier 1 Ratio Of 23 2 At The End June 2022 , Long With Its Short Term Liquidity Coverage Ratio Lcr Of 286 5 , Llustrate The Quality Of Its Balance Sheet And Financial Strength , S Confirmed By Moody 39s Decision To Maintain Its Aa2 Long Term Deposit Rating Quot The Sharp Correction In Financial Markets And Upturn Volatility Since Start Of Year Directly Affected Both Our Asset Base Brokerage Activity Among Clients However , Igher Interest Rates And Favourable Movements In Exchange , Articularly The Rise In Dollar , Nabled Ubp To Achieve Good Results Ata Time Of Major Uncertainty Arising From The Conflict In Ukraine And Inflation Risks , E Must Show Agility And Adjust Our Offering In Order To Address Client Concerns , S Well As Being Ready To Invest Again When The Time Is Right , Uot Said Ubp 39s Ceo Guy De Picciotto About Union Bancaire Privee Www Com Is One Of Switzerland Leading Private Banks ,

Hinduja heir seeks to remake Swiss bank for T-shirt crowd

Karam Hinduja has rather un-Swiss ambitions for the Swiss private bank he took charge of last year. ....

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Hinduja heir seeks to remake Swiss bank for T-shirt crowd

Hinduja heir seeks to remake Swiss bank for T-shirt crowd
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