Lombard Odier seeks tie-ups in Indonesia and Malaysia
Lombard Odier has struck a new partnership with the Philippines' UnionBank and it is now eyeing other markets in Southeast Asia, says the firm's Asia head of private banking.
Having established partnerships in the Philippines and Thailand, Swiss private bank Lombard Odier plans to do the same in Indonesia and Malaysia, as it seeks to expand its private banking footprint in the region.
Vincent Magnenat, Asia-Pacific head of private banking, said the firm had started looking for potential partners, but declined to say which firms it might be talking to. He was speaking to AsianInvestor following the announcement yesterday of a deal with Manila-based Unio…
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