Grandpa’s hold it all

Wealth management in Japan is a totally different story to anywhere else in the world. In most of Asia it is about rising youth, an emerging middle class and the technology required to serve them. In Japan, it’s nothing like that.  Daiwa president and chief executive Seiji Nakata shows Euromoney a chart revealing the segmentation…

Death of humanity ?

Managers of $350 Billion Survive Nordea’s Cuts as Wealth Thrives As regular bankers at Nordea Bank Abp brace for yet another round of cuts, those lucky enough to be working in wealth management face a very different future. The head of Nordea’s wealth unit, Snorre Storset, says a plan to cut jobs across the organization won’t affect…

SPORTS AND BUSINESS GO TOGETHER

Bank J. Safra Sarasin signs on as Davis Cup finals sponsor Bank J. Safra Sarasin has been unveiled as an official partner and the official private bank of the finals stage of this year’s Davis Cup men’s national team tennis tournament. The Swiss-based bank’s agreement with the International Tennis Federation and Kosmos Tennis also names…

UK development ? Quid Brexit ?

Julius Baer’s European Build-Out And Its UK Ambitions This publication recently sat down with the head of Julius Baer’s business in the UK and Ireland. One of Switzerland’s largest banks has been spending to build teams in the UK and Portugal and working on other European markets in ways that it hopes will bear fruit…

Wish you all the best

UBS Dubai Wealth Management Head Resigns Swiss bank UBS has lost its head of wealth management and its senior executive officer for its Dubai branch. The veteran banker resigns after two years in the job, finews.asia can reveal. Cedric Lizin resigned from his position earlier this week, after two years with the bank. Swiss bank…

Being at the right place

Jürg Haller is to be elected as new chairman of Bank J. Safra Sarasin and member of the Board of J. Safra Sarasin Holding. He will replace Ilan Hayim. Bank J. Safra Sarasin and member of the Board of J. Safra Sarasin Holding will be appointed Hayim, currently chairman of Bank J. Safra Sarasin and…

Targeting the best

KBL European Private Bankers appoints Yves Stein new group CEO, «Yves Stein has been appointed group CEO by KBL European Private Bankers, taking over from Jacques Peters, the Luxembourg based financial provider. Stein was previously CEO of Union Bancaire Privée (Europe) in Luxembourg, and earlier was director general of Private Banking at BNP Paribas (Switzerland).…