Coutts & Co Ltd Fined for Violating Money Laundering Rules

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Coutts & Co Ltd Fined for Violating Money Laundering Rules Switerzland’s financial regulator has fined Coutts & Co Ltd for violating money laundering rules and...

Standard & Poor’s Maintains A- rating for VP Bank

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Standard & Poor’s Maintains A- rating for VP Bank Standard & Poor’s has confirmed VP Bank’s A- rating and improved its outlook from Stable to...

Switzerland Begins Consultation on Anti-Money Laundering Act and to Enforce Mandatory Verification of UBO

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Switzerland Begins Consultation on Anti-Money Laundering Act and to Enforce Mandatory Verification of UBO The Federal Council (Switzerland) has initiated consultation on amendments to the...

EFG International Completes Integration of BSI Swiss Business

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EFG International Completes Integration of BSI Swiss Business EFG International has announced that it has completed the legal integration of BSI SA’s Swiss business into...

Pictet Releases 2016 Figures

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Pictet Releases 2016 Figures  Pictet Group reported a 2% rise in operating income to CHF 2.177 billion. Assets under management or custody has increased by...

Indonesia and Switzerland to Share Tax Information

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Indonesia and Switzerland to Share Tax Information  Indonesia and Switzerland have signed an Automatic Exchange of Information (AEOI) agreement in which both countries will be...

EFG Asset Management’s New Capital Swiss Select Equity Fund Celebrates Top Rankings

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EFG Asset Management’s New Capital Swiss Select Equity Fund Celebrates Top Rankings EFG Asset Management’s New Capital Swiss Select Equity Fund passed its 3rd year...

EFG and BTG Pactual Settle on Final Price at US$1 Billion

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EFG and BTG Pactual Settle on Final Price at US$1 Billion EFG International and BTG Pactual have struck a deal on the final price for...

Julius Baer Releases Results for First Four Months of 2017

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Julius Baer Releases Results for First Four Months of 2017 Julius Baer’s has reported a growth of 6% or CHF 20 billion in assets under...

Head of UBS Private Bank Switzerland Promoted

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Head of UBS Private Bank Switzerland Promoted The Head of UBS Private Bank Switzerland has been promoted to run a unit which tailors investment bank...