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efg international reports record profits and acquires cité gestion in geneva

EFG International reported a 6% increase in net profit for 2024, reaching CHF 321.6 million, and announced a higher dividend of 60 centimes per share. The bank also acquired Geneva-based Cité Gestion, which managed CHF 7.5 billion in assets, while net new assets surged to CHF 10.1 billion, exceeding expectations.
investrends.ch
Swiss Franc CS. Barthoulot-Coaching SNC EFG International CHE GBR DEU Penny Lovell Georges Elhedery Show more
Finance & Economy, Market Report
07:37 19.02.2025

Swiss homeowners face tax reform as imputed rental value debate intensifies

Switzerland is set to vote on a significant reform regarding the taxation of owner-occupied residential properties, which could abolish the imputed rental value tax. Homeowners may benefit from tax savings, particularly first-time buyers and retirees, while those with properties needing renovation could face losses. The construction industry and state revenues are expected to decline, with potential property taxes on vacation homes introduced to offset losses.
investrends.ch
Swiss Franc Raiffeisen-Osteuropa-Rent Edmond de Rothschild Real Estate SICAV CHE DEU Penny Lovell Fredy Hasenmaile
Finance & Economy, Market Report
07:38 18.02.2025
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