Bank Sarasin appoints new regional head of private banking
Bank Sarasin has appointed Werner Rueegg as its new head of private banking for the Swiss city of Basel.
Rueegg replaces Thomas Vonaesch, who Sarasin said will now look after selected clients based in Basel.
In a statement, the Swiss bank said it plans to "substantially expand its private clients business in Basel, where the private bank has its headquarters.
Rueegg joins from Credit Suisse, where he was head of the private banking unit for Northwest Switzerland.
