Former Asia Chief of Julius Baer to Leave Julius Baer

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Former Asia Chief of Julius Baer to Leave Julius Baer Thomas R. Meier has decided to leave Julius Baer by the end of October 2017...

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...

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...

UBS to Charge Private Clients for Euro Deposits

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UBS to Charge Private Clients for Euro Deposits UBS will start charging private clients for their euro deposits. Clients will now have to pay 0.6%...

EFG to Pay Lesser for BSI

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EFG to Pay Lesser for BSI The purchase price of BSI is subjected to a final adjustment process in the Sale Purchase Agreement on 21st...

J Safra Sarasin Announces 2016 Results

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J Safra Sarasin Announces 2016 Results  J Safra Sarasin has reported an increase of 9.4% in net profit from CHF 230.5 million in 2015 to...

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...

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...

Vontobel Enters into Strategic Agreement with Bank of Singapore

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Vontobel Enters into Strategic Agreement with Bank of Singapore The agreement now allows Bank of Singapore clients to place their assets in Vontobel’s booking centre...

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...