Vontobel Holding AG (VONN.SW)
- Simply Wall St.
Vontobel Holding (VTX:VONN) shareholders have endured a 14% loss from investing in the stock three years ago
For many investors, the main point of stock picking is to generate higher returns than the overall market. But the risk...
- Simply Wall St.
Vontobel Holding Full Year 2023 Earnings: EPS Beats Expectations
Vontobel Holding ( VTX:VONN ) Full Year 2023 Results Key Financial Results Revenue: CHF1.30b (up 1.5% from FY 2022...
- Reuters
Vontobel to take additional cost-cutting measures as profit falls
ZURICH (Reuters) -Vontobel Holding saw its full-year net profit fall 6.5%, the Swiss private bank and asset manager said on Thursday, as it vowed to take additional measures to cut annual costs by 100 million Swiss francs. Group net profit fell to 215 million Swiss francs ($246.28 million) from 230 million francs a year earlier, beating estimates by Zuercher Kantonalbank for 182.7 million francs. The Zurich-based company saw outflows in its asset management division of 7.6 billion francs, which it put down to cautious behaviour of institutional investors.
