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Vontobel Takes a Hit: Lower Profit

Summary by finews.com
Bank Vontobel reported lower profits for the first half of 2025, and net new money also fell short of last year’s figure. While the Zurich-based financial institution recorded inflows in its wealth management business for private clients, it experienced outflows on the institutional side.
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Bank Vontobel recorded lower earnings in the first half of 2925. While Zürcher Bank reported good new cash inflows in the retail banking business, it continued to accept cash outflows in the business with institutional customers.

Further billions outflow in former flagship asset management, plus profit break-in in private banking: How long is family watching? Zurich's bank Vontobel was a pearl. Now it is rushing into crisis. At a breathtaking pace. Today's half-year conclusion provides a picture of horror. All minus, everything is falling. Except wages. The total profit falls from 130 to 115 million, a [...]

Bank Vontobel achieved a lower profit in the first half of 2025 and the new cash inflow was also below the previous year's figure. In addition, the Zurich financial institution recorded inflows in the property management for private customers, but outflows in the case of institutional ones.

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finews.ch broke the news in on Thursday, July 24, 2025.
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