Europe
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
Honorary chairman of Zurich Insurance Group dies
He held the roles of CEO and chairman during his nearly four decades with the company
PEOPLE MOVES: LGIM, Royal London, Aberdeen Standard
Investment manager hires COO, while mutual insurer names group CFO
Fintech firm eyes launch of Swiss digital private bank in 2021
With help of wealth manager Reyl & Cie, it will cater for the mass affluent market worth CHF660bn
Luxembourg private bank opens Swiss office
It will also unveil its first branch in Denmark by the end of the year