The private bank from Geneva and Lugano is expecting to return to profits in the first half of 2022 after its merger last year. 

Swiss private bank One Swiss Bank is expecting to post a profit and improved net income for the first half of 2022 compared with the same period last year, it said in a statement Friday. 

In the first half of 2021, the private bank reported a 2.78 million Swiss franc loss after merging with Banque Profil de Gestion.  

The presentation of One Swiss Bank's half-year results will be brought forward to July 13, 2022, from the end of the month, the statement said.