Letter to shareholders Confidently going forwardIn 2016 the LLB Group has made a robust and dynamic start to implementing its StepUp2020 strategy. We are focusing on the four core elements of growth, profitability, innovation and excellence. In the digital age, our vitally important innovative power enables us to create new opportunities for our clients and for banking business. Mehr Business development Retail & Corporate Banking: During the first half of 2016, the business volume in the Retail & Corporate Banking Business Segment rose by 1.7 percent to CHF 17.7 billion. Private Banking: The Private Banking Business Segment reported new money inflows in the growth markets and in the domestic markets in the first half of 2016. Institutional Clients: The Institutional Clients Segment manages around 40 percent, or CHF 24.6 billion, of the business volume of the LLB Group. As a result of large outflows of money from isolated custodian bank funds and in traditional, cross-border business, net new money amounted to minus CHF 277 million. Corporate Center: The LLB Group reports income from financial investments, the structural contribution from interest business and the valuation of interest rate hedging instruments under the Corporate Center. Operating income increased from minus CHF 5.2 million to CHF 12.4 million. Popular downloads (PDF:) Consolidated interim financial reporting (PDF) (XLS:) All tables of the report (XLS) Services Compare to last year Downloads
