Vontobel increases profitability in 2018 and achieves growth

Vontobel delivered a good result for the financial year 2018 and grew its market share in its Swiss home market as well as its international target markets. Additional growth momentum was achieved through targeted, value- creating acquisitions. As a result of the Notenstein La Roche Privatbank AG transaction and the acquisition of the US-based private clients portfolio of Lombard Odier, Vontobel now has a broader basis for future growth. With net profit of CHF 232.2m, Vontobel exceeded the previous year's result by 11%. Adjusted for Notenstein La Roche integration costs, net profit to...