Wealth and Asset Management
Private bank loses CHF 1m in transaction mix-up, report says
Zurich-headquartered Frankfurter Bankgesellschaft lost CHF 1.12m in an internal transaction in the last financial year, and announced this at a virtual press conference on Wednesday, according to Handelsblatt. The newspaper reported that CEO Holger Mai said the order was ‘mixed up’ and that it happened as part of a hedging…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Citywire