Swiss bank Julius Bär plans expansion in UK with new offices

Bank for wealthy customers will open offices in Manchester, Leeds and Glasgow in attempt to woo multimillionaire clients

Source: Swiss bank Julius Bär plans expansion in UK with new offices

Intesa Sanpaolo set to buy Swiss Banque Morval – source

Italian bank Intesa Sanpaolois set to buy Swiss private bank Banque Morval, in adeal worth 150 million to 200 million euros ($176-235 million),a source with knowledge of the matter said on Wednesday.

Source: Intesa Sanpaolo set to buy Swiss Banque Morval – source

Aon wins cross-border fiduciary mandate for Swiss company

Geneva-headquartered company says approach cuts risk around $1.5bn pensions

Source: Aon wins cross-border fiduciary mandate for Swiss company

35% cull of European fund sales people forecast – Investment Europe

Philip Kalus, managing partner at accelerando associates, points to expectations that the number of European fund sales people could drop by 35%

Source: 35% cull of European fund sales people forecast – Investment Europe

UBS second quarter profit beats forecasts, keeps cautious outlook

Source: UBS second quarter profit beats forecasts, keeps cautious outlook

Credit Suisse reports 78% profit surge as assets under management hit record

Credit Suisse reported second-quarter revenues that were in line with analyst estimates on Friday.

Source: Credit Suisse reports 78% profit surge as assets under management hit record