REYL Group has reported a strong increase in first half consolidated results as compared to 30 June 2016.
Net of consolidation adjustments, operating income reached CHF 57.2 million (+21.4 per cent), operating result CHF 12.3 million (+100.8 per cent) and profit CHF 10.3 million (+152.4 per cent). During the same period, assets under management also increased by 15.7 per cent to reach CHF 13.5 billion.
The improvement resulted from good performance in most business lines, notably Asset Management, Wealth Management and Corporate Advisory & Structuring. These results come about in a still challenging environment for the banking sector despite more favourable market conditions in the first semester.
