Vermögensverwaltungsmandat

Losses within the scope of an asset management mandate

Category Vermögensverwaltungsmandat | Source Annual Report 2019/07

The clients concluded an asset management mandate with the bank in January 2018. After suffering book losses of around 7% of the assets invested in the mandate, they terminated the

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Losses within the scope of an asset management mandate

Category Vermögensverwaltungsmandat | Source Annual Report 2019/08

The client, who was represented by a lawyer, had an asset management mandate with the Swiss subsidiary of a major international bank for many years. The bank gave up part

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Tax loss after conversion of an asset management mandate

Category Vermögensverwaltungsmandat | Source Annual Report 2019/11

The very elderly client with a foreign residence had for many years had an asset management mandate with a smaller bank that focused on business with wealthy private clients. A

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