EFG International AG (EFGN.S)
Wed, Jul 25 2018
ZURICH, July 25 EFG International reported a 27 percent fall in first-half net profit on Wednesday on lower returns from its life insurance holdings but the Swiss money manager achieved a net inflow of assets for first time since buying troubled bank BSI in 2016.
ZURICH, July 25 Money manager EFG International said its net profit fell 27 percent during the first half of the year, but it achieved a positive inflow of assets for first time since it bought troubled bank BSI in 2016.
BRIEF-EFG International AG Says Saw Underlying Net New Assets Grow At Lower End Of Of 3-6 Percent Target Range
* SAYS SAW UNDERLYING NET NEW ASSETS GROW WITHIN ITS TARGET ANNUALISED RANGE OF 3-6% IN YEAR TO DATE
ZURICH, Feb 28 EFG International on Wednesday reported a worse-than-expected 2017 net loss as customer outflows continued and it absorbed integration costs from its takeover of rival Swiss private bank BSI.
ZURICH, Feb 28 EFG International on Wednesday reported a worse-than-expected full year net loss as it absorbed integration costs from its takeover of rival Swiss private bank BSI.