US EditionLombard Odier Suffers from Interest Rate Business and Gains New Partner
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Lombard Odier Welcomes New Managing Partner
As part of a generational transition, Lombard Odier has announced the appointment of a new managing partner following the retirement of Alexandre Zeller. Lombard Odier has appointed Xavier Bonna as its new managing partner, according to an announcement of the bank’s first-half results, effective 1 January 2025 and subject to regulatory approval. Bonna has extensive experience in private banking and investment management. He joined Lombard Odier…
Lombard Odier Suffers from Interest Rate Business and Gains New Partner
The Geneva-based private bank saw an increase in assets under management during the first half of the year, but revenue declined due to challenges in the interest rate business. Additionally, there is a change in the partnership group.
Geneva-based private bank was able to increase its assets under management in the first half of the year, but income declined due to interest transactions. There is also a change in the shareholder committee.
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