EFG International is tightening its top management. The move comes as the Swiss bank eyes growth again after several years preoccupied with digesting rival BSI.
Indosuez Wealth Management, the global brand of Crédit Agricole, appointed a new chief executive officer. He’s already been with the company for almost two decades.
Credit Suisse AG is closing in on an agreement to settle a $1.2 billion derivatives demand against bankrupt Lehman Brothers Holdings Inc., reducing the claim to $385 million, according to a person with knowledge of the matter.
Beyond China, Morgan Stanley is getting more wealth management business from rich people in Thailand, the Philippines and Singapore.
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