Lux group ups UHNW expansion with Swiss bank purchase

Luxembourg-based Banque Havilland has acquired Swiss bank, Banque Pasche in a push to expand its reach to ultra-high net worth individuals. Following the completion of the acquisition of Banque Pasche’s share capital, the bank will be renamed Banque Havilland (Suisse) S.A. This purchase comes just three months after the Luxembourgese bank acquired Banco Populare Luxembourg S.A. Approved…

Lux group ups UHNW expansion with Swiss bank purchase

Luxembourg-based Banque Havilland has acquired Swiss bank, Banque Pasche in a push to expand its reach to ultra-high net worth individuals. Following the completion of the acquisition of Banque Pasche’s share capital, the bank will be renamed Banque Havilland (Suisse) S.A. This purchase comes just three months after the Luxembourgese bank acquired Banco Populare Luxembourg S.A. Approved…

QFB developing new open architecture platform for private banking clients

Qatar First Bank (QFB) is developing a pioneering open architecture private banking platform supported by an exceptional international network of partners. The platform offers shareholders and clients the opportunity to select from a wide range of investment opportunities and innovative financial solutions to grow, manage and protect their wealth and assets. “QFB is transforming from…

Credit Suisse gets welcome boost from private bank despite first-quarter loss

Credit Suisse posted its worst start to a year since the financial crisis amid a major restructuring but cost cuts, a healthy performance in private banking and robust capital levels offered investors much-needed comfort. Switzerland’s second biggest bank has struggled in recent months as tough financial markets complicated Chief Executive Tidjane Thiam’s strategy to focus…