In a year marked by heightened volatility, geopolitical uncertainty and shifting market conditions, the Bank maintained a prudent and disciplined approach, prioritising risk management, liquidity and the quality of our business.
While results moderated compared to the exceptional levels of 2024, they remain solid and reflect the resilience of our model and our long-term focus.
With more than six decades of experience navigating market cycles, we remain confident in our ability to adapt and continue serving our clients with stability and commitment.
The Bank is honoured to support Paul Muller, a second-year medical student at the University of Geneva, in his Ironman challenge to fight childhood cancer.
Paul will compete in this year's IRONMAN Nice on 29 June, a legendary triathlon featuring 3.8 km of swimming, 180 km of cycling and a 42 km full marathon. His goal? Raise CHF 50,000 for the Geneva-based CANSEARCH Foundation, which funds vital research in pediatric oncology.
This inspiring initiative reflects values we strongly believe in: commitment, determination, solidarity, and pushing boundaries. We are proud to stand by Paul on this exceptional human and athletic journey!
Despite headwinds: tariffs, export controls and valuation concerns, US mega-cap tech is holding strong. Microsoft, Meta, Alphabetand NVIDIA continue to deliver, powered by AI-led innovation and robust cash flows.
When volatility hits, conviction matters! Staying invested in quality tech may still be the winning play.
With Germany making a historic shift in interest rates, bond markets remain on edge. As rate volatility persists, investors should brace for a bumpy ride ahead in 2025.
In this uncertain environment, maintaining adequate duration diversification across bond portfolios remains a key strategy. Navigating interest rate swings requires flexibility and foresight. Does your allocation reflect the new normal?
