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Archive for the UBP Category

Philippe Broadhead joins Sarasin & Partners

Sarasin & Partners LLP, a London-based asset management group, appointed Philippe Broadhead as head of distribution. Broadhead, who joins from Architas Multi-Manager, will be responsible for setting distribution strategy for fund sales in retail, wholesale and institutional markets. He has also worked as head of UK Sales

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Lloyds to sell GBP 7.2bn international wealth arm to Swiss bank Union Bancaire Privée (UBP)

Lloyds Banking Group is to sell its international private banking business to Swiss bank Union Bancaire Privée (UBP) as part of its strategy to focus on the domestic wealth market. The transaction will includes the bank’s Geneva-based Private Bank, its branches based in Geneva, Zurich, Monaco and Gibraltar, and its representative office

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Baring AM, Eric Poon, Regional Head of institutional business, Asia (ex Japan)

Baring Asset Management (Barings) has appointed Eric Poon to the role of regional head of institutional business, Asia ex Japan and Alexander Garton as director, client service and relationship development. Poon is based in Hong Kong and reports to Gerry Ng, chief executive officer, Asia ex Japan.

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Union Bancaire Privée (UBP) acquisition of Nexar Capital Group

Swiss private bank Union Bancaire Privée (UBP) acquisition of Nexar Capital Group will produce a combined hedge funds businesses with $14 billion AUM, a 25% increase on UBP’s assets at the end of 2011. The newly created alternative investment division at UBP will be headed by Nexar Capital’s

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