CEOs of Aberdeen Asset Management and Standard Life to Share Same Role

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CEOs of Aberdeen Asset Management and Standard Life to Share Same Role Both companies have announced how their chief executives will share the same role...

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...

HSBC Appoints Group Chairman

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HSBC Appoints Group Chairman HSBC has appointed Mark Tucker as Director and Group Chairman Designate from 1st September 2017. He will also takeover as Non-Executive...

Lombard Odier Reports 2016 Results

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Lombard Odier Reports 2016 Results Operating income for 2016 was CHF 1.04 billion, 3% lower in 2015. Consolidated net profit also fell 13% to CHF...

VP Bank Reports 2016 Results

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VP Bank Reports 2016 Results VP Bank generated a positive group net income for 2016, equalling CHF 58 million. VP Bank has also recorded an...

Standard Life and Aberdeen Asset Management Confirm Merger

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Standard Life and Aberdeen Asset Management Confirm Merger Standard Life and Aberdeen Asset Management has confirmed a £11 billion merger which could create one of...

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...

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...

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...