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
Switzerland
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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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Gam riles shareholders but CEO still pockets €1m
It is the third year in a row they have been urged to reject executive pay
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Covid-19 sees Gam slash director pay and fast-track job cuts
Hundreds of job losses will bring costs down by €62m in 2020
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Biodiversity investment solutions non-existent, says Pictet
Strategy applies a planetary boundary framework to pick winners
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UBS hires group chief executive from ING Group
He succeeds Sergio Ermotti who has headed up the Swiss bank for nearly a decade
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UBS sells majority stake in B2B fund distribution platform
It will be combined with Clearstream’s Fund Desk and have around $230bn in AuA
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Gam under pressure as Swiss exchange threatens sanctions
‘Potentially material misstatement’ in accounts the latest blow for troubled fund house
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UBS unveils government bond sustainable ETF
The firm has joined forces with JP Morgan AM to expand its sustainable ETF products
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Gam dismisses Generali takeover talk
Troubled Swiss group has had to fend off numerous buyout rumours with various fund groups circling the business
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Switzerland’s Unigestion partners with Allianz to target Italy
Swiss asset manager will offer its multi asset fund in the country through Allianz fund platform
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Unigestion opens Copenhagen office
New office will serve institutional investors in Denmark, Norway, Sweden, Finland, Iceland and the Netherlands