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Swiss Fintech Leonteq Expects Lesser Profit as Client Demands Drop

Leonteq, a Zurich-based fintech company that operates a marketplace for structured investment products, has lowered its profit expectations for this year due to a drop in customer demands in the second half of 2022.

The Swiss fintech recorded continued decline in client demands due to the overall difficult nature of current market conditions. However, the firm said its monthly net income fee remained stable during the period.

“At the same time, Leonteq continued to mai... Read More

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Swiss

Fintech

Leonteq

Expects

Lesser

Profit

Client

Demands

Forex

Posted: Dec 28 2022, 21:26

Author Name: financemagnates

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