SINGAPORE – Swiss private bank Julius Baer has on Monday (Nov 27) appointed its chief risk officer Bernhard Hodler as chief executive, following the resignation of Boris Collardi.
The Swiss derivatives boutique has moved on by replacing the embattled Swiss banker at its helm. An Asia veteran has also been enlisted to help right the troubled firm.
UBS, along with a further seven banking giants is in talks with the European Union to settle the investigation into the alleged participation in a forex cartel, according to a media report. The companies face paying penalties reaching billions of euros.
After receiving its private fund management license earlier this year, UBS became the first foreign asset manager to launch an onshore equity fund for local investors in China.
Regional Perspective
making the big picture clearer
Global Connection
We take your story further
Local Knowledge
Helping you to understand your own requirement
Specialists Sourcing Specialists