2 Net fee and commission income
|
in CHF thousands |
2020 |
2019 |
+ / – % |
|
Brokerage fees |
53'293 |
47'032 |
13.3 |
|
Custody fees |
44'830 |
45'577 |
– 1.6 |
|
Advisory and management fees |
51'956 |
59'694 |
– 13.0 |
|
Investment fund fees |
155'084 |
152'366 |
1.8 |
|
Credit-related fees and commissions |
663 |
589 |
12.5 |
|
Commission income from other services |
27'025 |
34'414 |
– 21.5 |
|
Total fee and commission income |
332'850 |
339'672 |
– 2.0 |
|
|
|
|
|
|
Brokerage fees paid |
– 11'161 |
– 12'202 |
– 8.5 |
|
Other fee and commission expenses |
– 122'553 |
– 118'314 |
3.6 |
|
Total fee and commission expenses |
– 133'714 |
– 130'516 |
2.5 |
|
|
|
|
|
|
Total net fee and commission income |
199'136 |
209'156 |
– 4.8 |
LLB and its subsidiaries offer clients an all-in fee for various services. This is recognised in the line “Advisory and management fees”. The following table shows what share of the income position the all-in fee has and what proportion of which services is included in it:
|
in CHF thousands |
2020 |
2019 |
+ / – % |
|
Total all-in-fees |
29'642 |
32'964 |
– 10.1 |
|
of which brokerage |
12'525 |
10'702 |
17.0 |
|
of which securities administration |
4'241 |
5'189 |
– 18.3 |
|
of which asset management |
12'876 |
17'073 |
– 24.6 |