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Valartis Bank rebrands as Bendura Bank

By: Adrien Paredes-Vanheule | 17 Feb 2017

Liechtenstein-based Valartis Bank AG will operate under the name Bendura Bank AG, the bank’s CEO Andreas Insam has announced. Bendura borrows elements to the Celtic culture as…

LGT Bank names new CEO

By: Adrien Paredes-Vanheule | 14 Feb 2017

The board of directors of Liechetenstein-based LGT Bank has elected Roland Schubert as new chief executive officer. Current CEO Norbert Biedermann is to retire at the end…

FundRock opens office in Dublin

By: Adrien Paredes-Vanheule | 30 Jan 2017

Luxembourg-headquartered fund management company and alternative manager FundRock has opened an office in Dublin. The Dublin office will be headed up by Ross Thomson, who has around 20 years’…

Monaco bank strikes client deal with CFM Indosuez WM

By: Adrien Paredes-Vanheule | 30 Jan 2017

Monaco-based private bank Compagnie Monégasque de Banque has announced it has bought a fraction of CFM Indosuez Wealth Management’s client portfolio in the Principality of Monaco. The firm said…

Pioneer suspends two fund managers amid rival set up claims

By: Gary Robinson | 08 Dec 2016

Dublin-based Pioneer Investments has suspended two fund managers amid claims that both have been involved in efforts to set up another asset management company. Industry sources told…

Liechtenstein’s LGT to acquire ABN Amro’s Asia, Middle East private banking ops

By: Helen Burggraf | 06 Dec 2016

LGT, the Liechtenstein private bank that had its origins as the family office of Liechtenstein’s royal family, is to acquire ABN Amro’s private banking business in Asia and…

Monaco bets on MFOs

By: Adrien Paredes-Vanheule | 06 Dec 2016

Monaco hints at using multi-family offices to renew its position as a financial centre after passing relevant legislation. The idea of private banks being supplanted by multi-family…

Monaco passes law on multi-family offices

By: Adrien Paredes-Vanheule | 30 Nov 2016

The National Council of Monaco – the Monegasque Parliament – has passed a law on 29 November 2016, aiming to regulate the activity of multi-family offices in…

French IFA group opens office in Israel

By: Adrien Paredes-Vanheule | 17 Nov 2016

French independent financial advisory group Cyrus Conseil has made its first step outside France by opening an office in Israel. Cyrus Conseil Israel is established in Tel…

Aberdeen AM opens office in Abu Dhabi

By: Adrien Paredes-Vanheule | 16 Nov 2016

Aberdeen Asset Management has established its first presence in the Middle East region by opening an office in Abu Dhabi in the United Arab Emirates. It has…

BNP Paribas to scrap Monaco-domiciled fund

By: Adrien Paredes-Vanheule | 15 Nov 2016

BNP Paribas Asset Management (Monaco) has announced it will remove the Paribas Monaco Obli Euro fund domiciled in Monaco on 30 December 2016. The firm warned investors…

J. Safra Sarasin completes Credit Suisse Gibraltar acquisition

By: Mona Dohle | 01 Nov 2016

Swiss private banking group J. Safra Sarasin has announced the completion of its acquisition of Credit Suisse’s presence in Gibraltar, which will now be called Bank JSS…

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