2 Net fee and commission income
|
in CHF thousands |
2023 |
2022 |
+ / – % |
|
Brokerage fees |
38'218 |
44'524 |
– 14.2 |
|
Custody fees |
46'203 |
52'327 |
– 11.7 |
|
Advisory and management fees |
62'551 |
55'290 |
13.1 |
|
Investment fund fees |
152'065 |
157'251 |
– 3.3 |
|
Credit-related fees and commissions |
758 |
736 |
2.9 |
|
Commission income from other services |
27'448 |
33'761 |
– 18.7 |
|
Total fee and commission income |
327'242 |
343'889 |
– 4.8 |
|
|
|
|
|
|
Brokerage fees paid |
– 9'380 |
– 10'298 |
– 8.9 |
|
Other fee and commission expenses |
– 117'817 |
– 122'644 |
– 3.9 |
|
Total fee and commission expenses |
– 127'197 |
– 132'942 |
– 4.3 |
|
|
|
|
|
|
Total net fee and commission income |
200'045 |
210'947 |
– 5.2 |
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 |
2023 |
2022 1 |
+ / – % |
|
Total all-in fees |
41'499 |
31'974 |
29.8 |
|
of which brokerage |
16'343 |
15'466 |
5.7 |
|
of which securities administration |
5'874 |
3'934 |
49.3 |
|
of which asset management |
19'282 |
12'574 |
53.4 |
1 The all-in fee was adjusted for the 2022 business year. The total does not change. The adjustment does not change the amount in the line item "Advisory and management fees" nor does it directly affect the income statement.