83 articles found within the last year.
Displaying results 41 - 60
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Barclays Wealth hires senior investment specialist from Morgan Stanley
Barclays Wealth has hired a director for its ... Karine Genevey will be based in Geneva and ... She joins after six years at Morgan Stanley...
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Swiss poll blasts management at UBS
UBS' board of directors has been voted the ... Nestlé, the Swiss food company, was voted to ... A spokesman for Demoscope said UBS had been ... In the previous three surveys UBS was voted ... Yesterday the bank said it will need years ... "I don't believe it will take ten years...
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Swiss hedge fund names new chief in management rejig
Absolute Capital Management has appointed its third chief ... The company, which is quoted on London's junior ... He replaces Treacher, who took over from Sean ... The company had to go through extensive legal ... Treacher told Financial News this month that he ... He said this month's appointment of Daniel Bieri...
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Saffrey Champness appoints director for new Geneva office
Saffery Champness, the UK-based accountant, has hired a ... Andrew Cleeton joins Saffery Champness from a Geneva-based ... A spokesman said Cleeton will be responsible for...
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UBS loses top private banker – report
Philippe Wick, one of the most senior private ... The report said Wick was one of UBS’s ... Wick is apparently planning to set up his...
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Dealmakers move over to private banking
Swiss bank UBS is to move as many ... UBS confirmed last week that a large number ... Swiss rival Credit Suisse’s wealth business is also ... He said: “We are delighted to be flavour ... Barclays Wealth has been recruiting wealth managers from ... Des Byrne, head of the stockbrokers unit at...
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Family trust office opens in Switzerland
Collins Stewart Wealth Management has opened an office ... Neil Darke, its chief executive, said: “The large ... Jersey Trust Company, EFG Reads Trust Company and ... The Swiss Government ratified the Hague Trust Convention ... Switzerland now competes with other offshore trust centres...
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UBS dives as directors sell rights to capital increase
UBS shares fell as much as 9% this ... The trading of subscription rights for the capital ... Senior managers and board directors had exercised 954,310 ... Shareholders were alloted one subscription right for each ... UBS shares are down 48% for the year ... Among those to have sold the most rights...
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Comment: EFG goes back to basics
True to form, EFG International is back doing ... This time the Zurich-based bank bought French wealth ... Founded by Fabrice Moulle-Berteaux and Antoine Lacourt around ... The move confirms EFG’s intentions of being a ... As a spokesman for EFG International said on ... The onshore focus comes at a time when...
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Swiss private bank to provide investment services to local bank
Wegelin & Co. is to provide wealth management ... The reports said the customers of Ersparniskasse Schaffhauser ... Ersparniskasse Schaffhauser has SFr500m of assets under management....
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UBS’s share price comes under pressure
The share price of UBS has fallen by ... Revelations this week about UBS telling members of ... Listed on the Swiss Stock Exchange, the Zurich-based ... Shares in Julius Baer – Switzerland’s third largest ... Basel-based Bank Sarasin’s share price has fared even...
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Merrill hires senior manager from Lombard Odier for Swiss unit
Merrill Lynch has taken on a new head ... Pascal Bachy will report to Patrizio Merciai, head ... Bachy has 16 years experience in the private...
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Asia demand sustains luxury market
Richemont, the Swiss luxury goods manufacturer, has proved ... Geneva-based Richemont, the owner of Cartier and the ... Chairman Johann Rupert said growth had been driven ... However, sales in developed markets lagged, and growth ... The company holdings include Cartier, Van Cleef and...
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Geneva private bank sees profit surge despite scandal
Banque de Patrimoines Privés Genève, which last year ... The bank said assets under management rose by ... Last November, the bank’s former president Francois Rouge, ... There was some concern at the time that...
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UBS rights issue priced at discount
UBS has set the terms for its Sfr ... Switzerland's UBS said it will sell new shares ... While UBS is guaranteed to receive the fresh ... On Wednesday, UBS finalised the sale of $15bn ... However, the bank has cast a bleak outlook ... The capital increase is UBS's second major injection...
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Comment: Funds hedge their Swiss bets
The creation of a Geneva-based hedge fund business ... Lombard Odier plans to increase its 1798 Global ... Lawyers say their hedge fund clients are talking ... Switzerland is determined to attract hedge funds, as ... Philippe Jabre has grown his Geneva hedge fund ... One hedge fund adviser said: “They used to...
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Egyptian property developer picks Swiss listing
Egypt's Orascom Development Holding raised Sfr195m (€119m) yesterday ... Orascom floated 5.66% of its stock in a ... The company said its main reasons for listing ... The company will have secondary listings on the ... Orascom, the family-owned business of Egyptian billionaire Onsi...
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UBS reshuffles risk management
UBS has restructured its risk management and trading ... UBS has created a new role of group ... The investment bank has appointed Thomas Daula from ... Both moves are part of a wider reassessment ... Scoby said: "These changes are designed to establish ... At the same time, UBS has promoted John...
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Lombard Odier views hedge funds as central to wealth operations
Geneva-based private bank Lombard Odier Darier Hentsch has ... It has hired managers to incubate single-strategy hedge ... The operation will fit alongside Lombard Odier’s funds ... Lombard Odier managing partner Hubert Keller said: “Ownership ... The decision to set up 1798 was made...
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Probe may lay open UBS
The secrets of UBS' private bank could be ... US prosecutors are investigating whether the private bank, ... The US probe into UBS' private bank, the ... A UBS spokesman said that access to client ... The inquiry into the dealings of the lucrative ... "Such investigations could hamper UBS' wealth management, too,...
