Banques privées

Nous voulons encore accroître le niveau d’expertise de nos chargés de clientèle. Mais l’interaction personnelle avec les clients reste cruciale. Je veux me concentrer davantage sur ce point afin que tous les clients reçoivent l’attention qu’ils méritent. J’entends par là également les femmes et les jeunes», déclare Sabine Caudron, responsable du Private Banking chez Degroof Petercam.

Hugo Lasat has been at the helm of Belgian private bank Degroof Petercam for almost a year and a half. The biggest challenge of a bank CEO is constantly being in decision mode, he said in an interview with Investment Officer. “Procrastination is not done.”

Luxembourg-based private bank Quintet this year plans to eliminate 165 jobs, or 9 percent of its 2,000-strong workforce in six European countries as it attempts to become a more efficient organisation. Most jobs are expected to disappear through natural attrition. 

« De ce fait, les valorisations y sont redevenues raisonnables, voire attractives. Pour les actions, nous restons prudents. Nous ne sommes pas convaincus de la qualité de la reprise », déclare Bart Abeloos (photo), économiste en chef chez Crelan.

Dans la première édition d’IO Weekly, Belfius met en avant les obligations IP. Une fois encore, ils misent davantage sur cette classe d’actifs. Notre collègue Raymond Frenken, au Luxembourg, nous parle de la structure ELTIF, et aux Pays-Bas, on fait un zoom sur les portefeuilles défensifs.

À propos d’IO weekly

Swiss private bank Union Bancaire Privée, or UBP, has developed a partnership with New York-based Brigade Capital Management to expand its offering of credit-focused investment products. A new fund, U Access (IRL) Brigade Credit Long Short Ucits, launched in September and has close to 100 millions dollars under management.

Intesa Sanpaolo Wealth Management a été créé en tant que nouveau pôle luxembourgeois de banque privée à la suite de la fusion de l’unité luxembourgeoise en difficulté de la banque italienne, Fideuram Bank Luxembourg, avec la Compagnie de Banque Privée Quilvest SA, qu’elle a rachetée l’année dernière.

European Depositary Bank, a Luxembourg-based provider of banking, depositary and custody solutions that is part of the Apex Group, on Monday said it has been appointed by Arab Bank to support its European real-estate ambitions with digital banking services.

EDB said it has been selected to provide services for 32 bank accounts for 14 special purpose vehicles as part of Arab Bank’s 400 million euro pan-European real estate strategy.

Luxembourg-based global private bank Quintet has reshuffled the top leadership of its branches in Luxembourg and Germany following a series of departures of senior executives at the end of last year that included CEO Europe Thomas Rodermann. Rodermann, one of the former UBS executives that had joined the bank in recent years, was seen as the architect of the integration of the private bank’s German, Dutch and Belgian businesses into a single business unit. A successor will not be appointed, Quintet said.

A fortnight ago, Dutch private bank InsingerGilissen sold a pack of high yield bonds to increase its holdings in investment grade bonds. The bank does not rule out that it will do so again in early 2023. “If you expect risks, there will be a storm in the high yield segment as well,” chief investment officer Gerwin Wijnia told InvestmentOfficer.nl.