so vontobel will release results in a few days time the bank performance has been very, very good soit's worth pointing out that vontobel is much smaller in size to its counterparts in terms of assets managed not as big as the likes of ubs but they have been doing very well this year that's because of their low risk and also organic and non-organic growth strategies. on that front particularly they were sitting on a lot of capital and announced a couple months ago they're another company from laroche, another small private bank, helping them increase scale and presence within the swiss private banking division over here. so let's listen to what the ceo had to say i sat down with him an hour ago. i asked why this acquisition made sense for them. >> we had always the clear priority first of organic growth we're strong believers that only companies that can deliver organic growth are also credible acquirers, because at the end of the day the signs of the company is to deliver growth by convincing clients, but yet we have clear criteria to what we were looking for that has been spelled o