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claude maurer appointed chief economist at bak economics
Claude Maurer has been appointed as the new Chief Economist of BAK Economics, returning to the institute after nearly two decades at Credit Suisse. A former professional athlete who represented Switzerland in sailing at the 2000 Olympics, Maurer aims to leverage new technologies for economic research, emphasizing BAK's unique blend of knowledge, data, and technology.
China's stimulus sparks stock market surge but raises investor concerns
Lombard Odier's Asia investment chief, John Woods, expresses caution regarding China's recent stimulus measures, which initially sparked excitement in the $10 trillion stock market. While some investors are eager to capitalize on the rally, others remain skeptical, fearing a repeat of past market false starts.
Pictet to Launch New Asia Desk in Zurich for Wealth Management Clients
Swiss private bank Pictet is set to launch an Asia Desk in Zurich in early 2025, aimed at serving clients from North and Southeast Asia. The team will include experienced professionals, with key members joining from Lombard Odier, and will leverage Switzerland's geopolitical stability and investment expertise to cater to the needs of Asian clients. CEO Victor Aerni emphasizes the desk's potential to enhance Pictet's growth in the region.
lombard odier announces leadership change at fribourg branch effective january 2025
Lombard Odier announces a leadership change in its Fribourg branch, with Stéphane Python set to take over as head on January 1, 2025. Python, a Fribourg native with extensive experience at Credit Suisse and Julius Baer, will succeed Didier Muller, who will continue to manage the office until the end of December. The branch, serving local entrepreneurs and institutional clients, has doubled in size over the past 15 years and employs six bankers from various generations.
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