Swiss private bank Vontobel names new CEO for offshore subsidiary
Switzerland-based Vontobel has appointed Peter Romanzina as CEO of its offshore subsidiary Vontobel Swiss Wealth Advisors (VSWA), effective 15 December…
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Credit Suisse projects $1.6bn loss in Q4 as affluent clients withdraw money
Credit Suisse Group has warned that it may register CHF1.5bn ($1.6bn) loss in the fourth quarter of this year after…
Credit Suisse to divest parts of Securitized Products Group to Apollo
Beleaguered Swiss wealth manager Credit Suisse has struck deals to sell a sizable portion of its Securitized Products Group (SPG)…
Credit Suisse faces criticism over handling of revamp efforts
Credit Suisse has received flakes from at least two of its investors and a proxy adviser over the issue of…
Credit Suisse Asset Management names new head for Swiss equities arm
Credit Suisse Asset Management has hired Damian Burkhardt to lead its Swiss equities division, effective 1 January 2023. In his…
Vontobel records $3.5bn outflows in nine months; to check expenses
Swiss private bank Vontobel has registered net new money outflows of CHF3.4bn ($3.46bn) in the first nine months of 2022.…
UBS names new chief risk officer; poaches private bankers from rival in Asia
Swiss banking giant UBS has elevated Damian Vogel to the role of group chief risk officer (CRO), effective May next…
Switzerland’s Partners Group launches new private wealth business arm
Switzerland-based private markets company Partners Group has introduced a new private wealth business unit to further serve individual investors. The…