Notenstein La Roche Private Bank Ltd specializes in investment advisory services and wealth
management. The St. Gallen private bank has thirteen locations in Switzerland, roughly 400 employees
and CHF 19.4 billion in assets under management. Notenstein La Roche is a subsidiary of Raiffeisen
Switzerland.In the interest of focusing more on its Swiss home market and selected international markets, Notenstein La Roche Private Bank Ltd is selling a non-strategic Eastern European portfolio containing around CHF 2 billion in assets under management to Vontobel. The majority of the respective team will transfer to Vontobel as well.Notenstein La Roche Private Bank Ltd is selling a non-strategic Eastern European portfolio containing around CHF 2 billion in assets under management to Vontobel. The majority of the respective team will transfer to Vontobel as well. The customer portfolio primarily consists of high net worth individuals (HNWIs) from Eastern European countries. As part of the transaction, the majority of the respective team will transfer to
Vontobel and join Vontobel’s current Central & Eastern Europe team. The assets are held on the books in Switzerland.
Raiffeisen Switzerland
Advised in the sale of
Notenstein La Roche Private Bank Ltd (Eastern European private banking portfolio)
to