BNP Paribas Reported €4.29 Billion Profit in 1st Half 2017

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BNP Paribas Reported €4.29 Billion Profit in 1st Half 2017 BNP Paribas total group profit hits €4.29 billion in 1st half 2017, an increased of 0.3%...

Rothschild Fined in 1MDB Case

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Rothschild Fined in 1MDB Case The local arm of Edmond de Rothschild has been fined by Luxembourg regulators for the handling of funds linked to...

Credit Agricole Group Reports €3.7 Billion Profit in 1st Half 2017

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Credit Agricole Group Reports €3.7 Billion Profit in 1st Half 2017 Credit Agricole Group has reported net income of €3.7 billion in 1st half 2017,...

EFG International Completes Legal Integration of BSI Entities with Integration of BSI in Monaco

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EFG International Completes Legal Integration of BSI Entities with Integration of BSI in Monaco EFG International has announced that it has completed the legal and...

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...

Indosuez Wealth Management Completes Acquisition of CIC Private Bank in Singapore and Hong Kong

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Indosuez Wealth Management Completes Acquisition of CIC Private Bank in Singapore and Hong Kong Indosuez Wealth Management has completed the acquisition of CIC Private Bank...

Charismatic Capital to Launch Debut Private Debt Fund

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Charismatic Capital to Launch Debut Private Debt Fund Charismatic Capital Ltd will be launching its debut private debt fund focusing on asset backed loans in...

LGT Bank Appoints New CEO

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LGT Bank Appoints New CEO Norbert Biedermann, CEO of LGT Bank Ltd since 20111 will retire by the end of June 2017. The bank has...

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...

Julius Baer Reports Solid Performance for 2016

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Julius Baer Reports Solid Performance for 2016  Julius Baer has reported a solid performance for 2016. Assets Under Management grew by 12% to a record...