Private bank to ‘redefine wealth management’ using ESG
With launch of two funds and a model portfolio
Switzerland
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GWM hires Hargreaves alum
He was ‘heavily involved’ in the firm’s Wealth 50 funds list
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Spectrum IFA buys 50% stake in Geneva financial planner firm
Which provides investment, pension and savings solutions to mostly high net worth expat clients
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Swiss private bank to exit private banking in 2021
It is in ‘advanced negotiations’ to sell and transfer its client portfolios, front-office and subsidiaries
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Luxembourg private bank opens Swiss office
It will also unveil its first branch in Denmark by the end of the year
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Mirabaud AM hires sales head for Switzerland and Middle East
He was previously global head of asset management at independent banking group Reyl & Cie
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Cayman tops ‘financial secrecy’ index
While the United States overtakes Switzerland for the first time
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Big shake-up of Swiss trust regulation
Changes could see costs rise and ramp up consolidation
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Swiss private bank to pay extra $14m to US authorities
After ‘acknowledging’ it had failed to disclose all relevant accounts under a previous agreement
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HSBC PB Switzerland to pay $192m for US tax evasion case
It maintained accounts in names of nominee entities established in the BVI, Liechtenstein and Panama
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Julius Baer sets aside CHF153m for East German legacy case
Private bank will appeal to the Swiss Federal Supreme Court
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Switzerland stops information exchange with Bulgaria
Following data leak of Bulgarian and foreign taxpayers’ financial account details