The wealth-management divisions of national-champion universal banks have won most of the regional private banking awards in Western Europe. But Lombard Odier offers a powerful reminder of the capabilities of a pure-play private bank, owned by its managing partners who follow a business model solely focused on managing their clients’ assets.
When it last reported numbers for the first half of 2023, the Geneva-headquartered bank showed that this can be a profitable business.
Thanks for your interest in Euromoney!
To unlock this article: