Profit of Pictet & Cie (Europe) S.A. 2015-2018
In 2018, Pictet & Cie (Europe) S.A. reported an overall net profit of more than 100 million euros. This is an increase from the value reported in the previous year. The European branch of the Swiss bank was established in Luxembourg in 1989. Several banks from Switzerland, or other countries like China or the United States, established themselves in Luxembourg to gain access to the EU internal market.
