our financial reports.

As a privately-owned firm since 1796, we are focussed not on the short-term interests of shareholders, but solely on the interests of our clients. Our annual and semi-annual results reflect this, with a conservative approach to investing ensuring a strong balance sheet and long-term stability. 

annual results 2024.

In 2024, we delivered best-in-class performance for our clients in the face of volatile and increasingly concentrated markets. Our long-term approach means our balance sheet remains strong, liquid and conservatively invested, totalling CHF 14 billion at end-December 2024. In July 2024, ratings agency Fitch reaffirmed our Group credit rating at AA-, the highest possible for a bank of our size, while our CET1 ratio is among the highest in the industry at 32%, more than double that required by the regulator. At the end of the year our Group had total client assets of CHF 327 billion, an 11% year-on-year rise, lifted by positive net new money and strong investment performance. We continue to remain close to our clients as a stable provider of bespoke investment solutions and advice.

 

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