“In 2022, Banque Privée Piguet Galland & Cie, a subsidiary of Banque Cantonale Vaudoise (BCV), saw its revenues increase by 4% to 59.6 million francs, despite a macroeconomic and geopolitical context deemed “particularly difficult” last year by the establishment. While the inflow of new money and new clients reached 451 million francs, the institution’s assets under administration fell by 7% last year to 6.3 billion francs at the end of December 2022. In the end, the net result came to CHF 7.2 million at the end of 2022, down 7% on the 2021 figures.”
Read the full interview with Olivier Calloud, CEO Piguet Galland, in allnews (in French).