Greg Fleming, president of Morgan Stanley's Wealth Management, talks to Euromoney about how the firm is increasing lending and gearing up for the millennials.

Julius Baer to take profits hit due to high CHF cost exposure, say analysts.

Monetary policy errors in Europe or Japan, political discord in Europe and geopolitical risk are big risks for 2015, says Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Private Wealth Management, in an interview with Euromoney.

The small private-banking industry in Switzerland urgently needs to consolidate, given the impact of regulation, capital requirements and weak profitability of the over-banked sector. The unpegging of the CHF to the euro complicates the M&A outlook.

The shock decision by the Swiss National Bank (SNB) to discontinue its euro peg and impose a 0.75% rate on sight deposit accounts will inevitably wreak havoc on Swiss banks’ earnings, say analysts, citing the rising CHF-denominated cost base of global investment banks, which derive the bulk of their income in USD and EUR.

Hans-Ulrich Meister, chief executive of Credit Suisse Private Bank, talks about his firm’s geographical aims.

Switzerland just made a big mistake, claims Yves Bonzon, CIO of Pictet Wealth Management. Will other central banks do the same?

Heads of Société Générale Private Banking talk to Euromoney about how a domestic presence is key to growth and why the retail branch network cannot be ignored.

Mark Haefele, global chief investment officer at UBS Wealth Management, says his firm is looking to the US for this year's returns.

The Swiss bank stands apart from its peers. It helped its clients profit, both in the serene waters of 2019 and in the wake left by Covid-19 as it spread across the world in 2020

“I think this crisis has shown why being with a firm focused on wealth management as a primary business and having a global perspective matters to clients,” says Tom Naratil, co-chief executive of UBS global wealth management (GWM) and president of UBS Americas.

Our review period was a difficult one for private banking operations in the region, as it was worldwide: the fourth quarter wiped out huge chunks of revenues and assets for some international and local players, and it was a year that required sound individual advice for clients.

For the second year running Credit Suisse is Latin America’s best bank for wealth management, this year bolstered by the completion of a three-year turnaround across the whole bank.

Household net financial wealth in CEE has roughly doubled since 2006 and private banking and wealth management services are increasingly in demand across the region.

With a new strategy of regionalization, integration and innovation, Credit Suisse’s wealth management business has set itself apart from its peers and brought the ethos of Swiss personalized service to an international platform.