Press articles

Genevan wealth managers merge to create CHF 4bn firm
Genevan wealth managers merge to create CHF 4bn firm

  Two Genevan wealth managers have merged, creating a new independent group managing around CHF 4 billion (£3.2 billion) with 200 employees. PLEION and PROBUS have filed a request for authorisation to proceed with their merger. Patrick Héritier, currently the chief executive of PLEION, will take over the management of the new entity in Switzerland, […]

Pleion and Probus announce their merger
Pleion and Probus announce their merger

  Patrick Héritier, currently CEO of Pleion, will take over the management of the new wealth management entity. Sharing the same values ​​and perfectly complementary, Pleion and Probus have just filed a request for authorization for their merger project which will bring the newly formed independent group to nearly 4 billion francs in assets under […]

Geneva wealth boutiques merge in $4.4bn assets deal
Geneva wealth boutiques merge in $4.4bn assets deal

  Geneva-based wealth managers Pleion and Probus have agreed to merge in a deal that will see CHF4bn ($4.4bn) of combined assets. They have filed a request for authorization to proceed with their merger. The newly formed business will have operations in Thailand, UAE, Luxembourg, Mauritius, Monaco, and Russia. The combined entity, to be run […]

Geneva Wealth Boutiques Merge
Geneva Wealth Boutiques Merge

  In further consolidation of the independent Swiss wealth market, wealth managers Pleion and Probus are merging. Two well-matched Swiss independents Pleion and Probus have agreed to merge. The combined business will manage around SFr4 billion ($4.4 billion) in assets and employ roughly 200 staff worldwide, including 60 based across Switzerland. Pleion CEO and Julius Baer veteran Patrick Héritier […]

Geneva wealth firms merge in $4.4bn assets deal
Geneva wealth firms merge in $4.4bn assets deal

  Geneva-based wealth managers Pleion and Probus have agreed to merge in a deal that will see CHF4bn ($4.4bn) of combined assets and around 200 staff worldwide, including 60 in Switzerland.  Pleion CEO Patrick Héritier will head the management of the new entity in Switzerland, subject to approval by FINMA. Set up in 1980, Pleion […]

Swiss wealth managers Pleion and Probus agree to merge
Swiss wealth managers Pleion and Probus agree to merge

  Geneva-based wealth managers Pleion and Probus have filed a request for authorisation to proceed with their merger. The transaction is subject to the approval of FINMA and other competent regulators. Pleion CEO Patrick Héritier will head the management of the new entity in Switzerland. Established in 1980, Pleion focuses on certain asset classes, an […]

Swiss wealth managers merge
Swiss wealth managers merge

Newly formed business will have operations in Thailand, UAE, Luxembourg, Mauritius, Monaco and Russia   Pleion Wealth Partners and Probus Group have combined to form an independent business with CHF4bn (£3.18bn, $4.38bn, €3.7bn) of assets under management and 200 employees worldwide.   Patrick Héritier, currently chief executive of Pleion, will take over the management of […]

Genevan Wealth Managers Merge
Genevan Wealth Managers Merge

  Two independent Swiss wealth managers are joining up to form a $4.4 billion entity. The death of one of its main shareholders amidst the deal isn’t changing their plans. Pleion and Probus, two Geneva-based wealth managers, are merging pending regulatory approval, they said in a joint statement on Tuesday. The combined entity, to be […]

Wealth Manager Moves Into Swiss Ski Resort
Wealth Manager Moves Into Swiss Ski Resort

  PLEION is opening an office in Verbier. The Genevan wealth manager will take over offices vacated by Landolt, a Swiss private bank recently sold to Oddo-BHF. Geneva-based PLEION is hiring two bankers from a local rival to open an office in the upscale ski resort popular with wealthy Brits, CEO Patrick Héritier told finews.com. The office will […]