ZURICH, March 13 Private bank and asset manager
LGT, owned and managed by Liechtenstein's royal family, on
Monday reported a 9 percent rise in 2016 net profit to 230
million Swiss francs ($228.4 million).
Based in Liechtenstein's capital Vaduz, LGT also reported
record net new money of 11.7 billion francs. Assets under
management totalled 152.1 billion francs.
The bank is optimistic about its business development in
2017 despite market uncertainties, LGT said in a statement.
($1 = 1.0070 Swiss francs)
(Reporting by Joshua Franklin; editing by Jason Neely)