Swiss private bank Union Bancaire Privée (UBP) has hired Frédéric Carbonnier as new CEO for its investment subsidiary, UBP Investment Advisors (UBP IAS) on 1 January 2016.
Carbonnier has nearly 20 years of experience in banking, of which more than 12 years was into wealth management in North America.
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Established by UBP in February 2014, UBP IAS is a Swiss company, which is registered with the US Securities and Exchange Commission (SEC) and specialises in managing investment portfolios for US residents and citizens.
UBP IAS provides asset management services designed to suit the needs and profile of each client, taking US regulatory and tax requirements into consideration.
The assets managed by UBP IAS are either deposited with UBP or with a different bank of the clients’ choice.
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