Thursday, 10 February 2022 Reading time : 2 minutes

Today, Bank Vontobel can shine with excellent results. Earnings after taxes increased by 48 percent to CHF 384 million. The strongest sources of income are the two divisions of wealth management and asset management, which are more stable than traditional investment banking.

In addition to Bank Vontobel, UBS and Julius Baer also presented convincing financial results for 2021 last week. The world's largest wealth manager, UBS, reported its best financial result since 2006 at USD 7.4 billion. Assets under management in Wealth Management are at a record USD 4,600 billion. The "pure-play" private bank Julius Baer was even able to achieve the highest consolidated profit in its history with CHF 1,082 million.

In addition to the Swiss private banks, European and American names have also been operating very profitably for a long time. Comparatively attractive coupons can be achieved even with a low barrier of 60%.

 

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Structured Products in subscription

Autocallable BRC on UBS, Vontobel and Julius Bär (CHF)

• 6% Coupon p.a.
• 60% Barrier
• 15 months maturity
• Subscription period 16. February 2022
• Valor 113 289 727

Autocallable BRC on Citi, JP Morgan and Goldman Sachs (USD)

• 7% Coupon p.a.
• 60% Barrier
• 15 months maturity
• Subscription period 16. Februar 2022
• Valor 113 289 730

Autocallable BRC auf ABN Amro, ING, Santander und Unicredit (EUR)

• 11% Coupon p.a.
• 60% Barrier
• 15 months maturity
• Subscription period 16. Februar 2022
• Valor 113 289 732

 

Disclaimer
This communication is for marketing purposes. It is neither an offer nor an invitation to submit an offer, to purchase or to subscribe to securities and does not constitute investment advice. You should consult your advisors before making an investment decision.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, financial condition, development or performance of the issuer to be materially different from any future results, financial condition, development or performance expressed or implied by such statements.
The present document has not been drawn up by the research department as defined in the rules of the “Directives on the Independence of Financial Research” published by the Swiss Bankers Association, hence these rules do not apply to this document.
If securities are mentioned in the communication, the base prospectus, the final terms and any key information document may be obtained free of charge from Zürcher Kantonalbank, Bahnhofstrasse 9, 8001 Zurich, VRIS, and from www.zkb.ch/finanzinformationen.