Bank Leumi Le-Israel Ltd. ’s agreement to purchase of Banque Safdie SA will create a private bank managing assets of 11.4 billion Swiss francs ($11.8 billion), L’Agefi reported, without saying where it got the information.
Gottex Fund Management Holdings Ltd. said client assets increased 6.4 percent in the fourth quarter of last year as the Swiss and U.K.-based hedge fund firm added managed accounts and started a joint venture.
Rudolf Elmer , who handed over bank client data to WikiLeak’s Julian Assange this week, was detained in Zurich late yesterday as prosecutors investigate possible breaches of Swiss banking secrecy laws.
Rudolf Elmer , who handed bank client data to WikiLeak’s Julian Assange this week, has appealed the verdict of a Swiss court that found him guilty of breaking banking secrecy laws and making a death threat.
Lombard Odier Darier Hentsch & Cie. said its Investment Managers business hired Marc Bataillon and two others from Selectium Europe. Bataillon will report to Aziz Nahas, chief executive officer at Lombard Odier Investment Managers, the Geneva-based bank said today in an e-mailed statement.