VP Bank sees boost in operating income and significant net new money inflow in the first half of 2020
With a Group net income of CHF 14.4 million, net new money inflow of approximately CHF 1 billion, an improved cost structure and an increase in operating income of 2.5 per cent to CHF 166.8 million, VP Bank Group has proven its crisis resilience in the first six months of a year turned upside down by the coronavirus pandemic.
VP Bank and Hywin Wealth champions female empowerment in Asia Pacific’s wealth management industry with latest report
Women are increasingly holding a central role as earners, creators, and stewards of wealth. They are viewed as the redefining force for bringing about new norms and are the driving force of today's wealth ecosystem. Sponsored by VP Bank and Hywin Wealth, the report, "Winning Women in Asia-Pacific" researched by WealthBriefingAsia gathers actionable insights from in-depth interviews with various female clients, entrepreneurs, and wealth management experts.
VP Bank is appointing Thomas von Hohenhau to the position of Head Client Solutions and member of Group Executive Management
The Board of Directors of VP Bank is appointing Thomas von Hohenhau to the position of Head Client Solutions with effect from 1 September 2020. This business unit was newly-created within the context of Strategy 2025. In this function Thomas von Hohenhau will also be made a member of Group Executive Management.