Switzerland's EFG bank poaches Credit Suisse teams

EFG International AG

11/01/2024 06:13

ZURICH, Jan 11 (Reuters) - EFG  EFGN.S  has taken over
the Credit Suisse teams in Switzerland's exclusive ski resorts
of St. Moritz and Gstaad, opening its new offices there at the
start of the year, the private bank said on Thursday.
    In St. Moritz, Stephan Uebersax who was formally the
regional head for Credit Suisse will lead the team of nine. In
Gstaad, another Credit Suisse veteran, Manuel Blanco, will head
up 11 employees. 
    The new offices will enable EFG to stay close to wealthy
Swiss and international clients who have a primary or secondary
residence in either of the locations, the bank said in a
statement. 

 (Reporting by Noele Illien, editing by John Revill)
 ((Noele.Illien@thomsonreuters.com; +41 41 528 39 73;))