Julius Baer posts 22% drop in profit for the first half

Article Abstract:

Julius Baer Holding AG reported a decline of 22% in its net income for the first-half of 1999. The company's figures were hurt partly by increased costs from the expansion of its brokerage and private banking operations. Julius Baer posted 148.5 million Swiss francs (92.8 million euros) for the period. During the same period in 1998, the company posted 190.7 million francs.

Comment:

Reports decline of 22% in net income for first-half of 1999

Commercial Banking, Switzerland, Private Deposit Money Banks, Private depositories, Julius Baer Holding AG

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Profit rose 7.6% for first half, reflecting Lyonnais purchase

Article Abstract:

Credit Agricole S.A. posted a 7.6% rise in net profits for the 2003 first half. The rise in profits reflect the bank's acquisition of Credit Lyonnais.

France, Company sales and earnings, Company earnings/profit, Credit Agricole S.A.

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