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Wealth Management International & Switzerland
Wealth Management International & Switzerland

European wealth management
European wealth management

The inflow of net new money was CHF 7.3 billion in third quarter 2007, up from CHF 2.6 billion in second quarter, reflecting positive contributions from all markets. The third quarter intake is the highest since the launch of the initiative in 2001.

The level of invested assets rose to CHF 168 billion on 30 September 2007 from CHF 163 billion on 30 June 2007, as strong inflows of net new money more than compensated for the falling US dollar.

Income in third quarter 2007 was a record CHF 315 million, an increase of 9% from CHF 290 million last quarter, reflecting the rise in invested assets.

The number of client advisors was 1,031 on 30 September 2007, up from 987 at the end of last quarter, with new client advisors being hired in all countries.

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