Saturday, 21st November 2009

 

23 July 2008 - Press Briefing

Banque Syz looks to enter Spanish private banking sector

Banque Syz, the Geneva-based asset and wealth manager, is looking for a partner to enter the Spanish private banking sector, according to a report in Expansion, a local newspaper.

The report cited Alfredo Piacentini, founder shareholder of Banque Syz, as saying the private banking sector in Spain has great potential to grow and his bank was well placed to gain business in the country.

Banque Syz currently has an institutional asset management and hedge fund business in Spain.

Most Read

  1. Colonel Gaddafi's son buys £10m London property
  2. Comment: Prince William seals the ascent of hedge funds
  3. Lombard Odier hires from Coutts
  4. Citi Private Bank poaches senior Merrill executive
  5. How The Rich Are Different: Recession Hits Investment Psyche

Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

Diary: Utopia for Yacht Lovers

Looking to get more from your yacht? Why not share it with others?

More from Wealth Business

  1. Aberdeen takes control of Horlick's Bramdean
  2. KKR's deal maker and truffle hunter
  3. Stanhope Capital grows staff by 50%
  4. London & Stamford profits up but still 'cautious'
  5. Hildebrand urges stricter regulations for Swiss banks

Related Content

  1. Syz takes action to bolster hedge fund
  2. Merrills appoints four wealth specialists in Europe

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347