ZURICH: Julius Baer Group Ltd posted its best ever first-half profit as sharp asset price swings linked to the coronavirus boosted client trading and said it expects the volatility to persist through the remainder of the year.
Net income jumped by 43% from a year earlier to 491 million Swiss francs (US$523mil), with commissions and fees as well as income from currencies, derivatives and precious metals trading rising sharply, the Swiss private bank said in a statement.
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