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2 days ago · EFG International recorded strong performance in Asia for the first half of the year, with the region pulling in the most net new assets at CHF 2.4bn ($2.7bn). The Swiss bank reported record profit in the first half of CHF 162.8m, up 10% year-on-year, lifted by robust net new assets inflows of CHF 5.2bn, in a 24 July earnings release.
1 day ago · Swiss private bank EFG International said on Wednesday net profit grew by 10% to a record 162.8 million Swiss francs ($182.7 million) in the first half of 2024, posting target-beating asset ...
9 hours ago · EFG Bank’s former Hong Kong CEO, who was most recently covering the role of private banking COO, has retired, Asian Private Banker has learnt. Kees Stoute, a wealth management veteran with close to four decades of experience, is retiring, according to a LinkedIn post shared by EFG’s head of North Asia and Hong Kong CEO David Louie on Friday. Dutch […]
2 days ago · EFG Holding (EGX: HRHO.CA – LSE: EFGD) is a trailblazing financial institution that boasts a remarkable 40-year legacy of success in nine countries spanning three ...
2 days ago · EFG International said on Wednesday net profit grew by 10% to a record 162.8 million Swiss francs ($182.7 million) during the first half of 2024 and said asset inflows had beaten the Swiss private bank's target over the period. The lender said that inflows reached 5.2 billion francs by the end of June, corresponding to an annualised growth rate of 7.3%, and exceeding EFG's target range of 4‑6%.
2 days ago · In the first half of 2024, 42 new CROs joined EFG and the bank has already agreed or made offers to hire an additional 19 CROs who have not yet joined the bank. This compares with EFG's ambition to hire an average of 50-70 CROs per year. By end-June 2024, EFG's total number of CROs worldwide increased to 707, compared to 693 CROs at end-2023.
3 days ago · Julius Baer has named Goldman Sachs banker Stefan Bollinger as chief executive, an appointment that the Swiss wealth manager hopes will draw a line under a crisis triggered by its exposure to ...
