BNP Paribas rebrands its private banking business BNP Paribas Wealth Management and strengthens its organization

13 October 2008

BNP Paribas is a major player in the private banking sector, employing more than 4,500 professionals in 30 countries, and managing assets valued at nearly €150 billion at the end of June 2008. BNP Paribas’ strategy for the Wealth Management business is to tailor its services to its clients’ individual needs, offering private clients a wide array of financial instruments and investment options.

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Ownership transfer for private bank in Luxembourg

10 September 2008

Ownership of HSBC Private Bank (Luxembourg) SA was formally transferred to HSBC Private Bank (Suisse) SA on 5 September 2008, recognising the existing managerial reporting lines of the Luxembourg entity to the Swiss Private Banking operation.

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Andrew Look is to provide consultancy services to both UBS Wealth Management and UBS Investment Bank.

14 July 2008

UBS Hong Kong today announced Andrew LOOK, currently Head of HK Research, Strategy and Product, will provide consultancy services to the firm’s wealth management and equities business, effective from August.

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