Business · Companies · 13 hrs ago

Banque Heritage CEO says he is too young to retire amid sale rumours

Banque Heritage CEO says he is too young to retire amid sale rumours

Banque Heritage CEO Marcos Esteve addressed rumours about a possible sale, saying he is too young to retire.

The Geneva-based Swiss private bank serves about 2,000 wealthy clients, including families and business owners.

It says it aims to offer personal service rather than the standardised approach of larger banks.

Its family-office services can review clients’ assets held at different banks and assess costs, performance and investment strategy across their wealth.

The bank wants to grow sustainably, with more than 20 employees in Zurich and plans to expand there and at other locations.

It also says finding younger advisers is important to maintain client relationships as experienced advisers retire.

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What people are saying

Banque Heritage CEOchief executive
I am too young to retire
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A major bank offers economies of scale. We offer personal attention.
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One of the biggest challenges in our industry is succession planning.
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