Pursuits
Geneva Banks Break 200-Year Silence to Unveil Earnings
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Switzerland’s two largest closely held banks are poised to publish their earnings after two centuries of secrecy.
Cie. Lombard, Odier SCA, the Geneva-based bank established in 1796, is due to publish its financial statement on Aug. 28, according to a company official who asked not to be named in line with the bank’s policy. Pictet & Cie. Group SCA, the third-biggest Swiss wealth and asset manager after UBS AG and Credit Suisse Group AG, is also poised to report this month.