Julius Baer reports 18% H1 net profit rise By Reuters

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<span>© Reuters. The logo of Swiss private bank Julius Baer is seen at their headquarters in Zurich, Switzerland February 2, 2022. REUTERS/Arnd Wiegmann/File Photo</span><br />
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<p>ZURICH (Reuters) – Swiss private bank Julius Baer reported an 18% increase in net profit for the first half of 2023 on Monday as it said it also increased its assets under management and attracted more money from rich clients.</p>
<p>The Zurich-based wealth manager said net profit attributable to shareholders rose to 531 million Swiss francs ($613.23 million) from 451 million Swiss francs a year earlier.</p>
<p>($1 = 0.8659 Swiss francs) </p>
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