How Yves Mirabaud managed his business during the pandemic
Yves Mirabaud is currently the senior partner at a company called Mirabaud. The organization is famous for putting the interests of the customers first. While everyone is looking at creating revenue and building their brand, this facility looks at client interest. Mirabaud Bank is based in Genevan, and it is looking forward to launch a brand-new technology soon. Yves Mirabaud recently explained that the financial results of his bank were quite disappointing for most people. The profits of the company dropped significantly, and most people could not understand why.
Yves Mirabaud, as the senior partner of the private bank believes that the profits of the institution were great in 2018 and 2019. The 2020 healthcare pandemic, however, brought down many businesses around the world down, and Mirabaud wasn’t spared. The company has been in the market for more than two hundred years, and this was one of the lowest moments. The institution has always had pleasing results in the past, and they know that the setback is just temporary. The revenue of the successful institution fell by over eight percent in 2020 where most of investors and customers were still active.
Yves Mirabaud believes that many factors contributed to the fall. The US dollar weakness affected many businesses, and Mirabaud was not left behind. The commission and the trading income had already been secured from the customer portfolio before the healthcare pandemic worsened in March. This means that over sixty percent of the customers had passively invested when the harsh pandemic was giving many people a difficult time.
The customers in the company did not suffer compared to other market. Yves Mirabaud is looking forward to make changes in his company in the coming days. The leader is optimistic that everything will return back to normal when great measures to contain the pandemic are in place. Refer to this page for related information.
Learn more about Mirabaud on https://www2.unil.ch/elitessuisses/personne.php?id=83716