Vontobel executives to stay with breakaway fund

Vontobel, the Swiss private bank, is set to retain some managerial control over its private equity subsidiary, which has declared its intention to break free of its parent.

Private Equity Holdings, a SFr1.6bn (€1.06bn) fund, is to retain chief executive Dominik Meyer and his deputy Ulrich Geilinger, despite the fact that both men were executives at the former parent.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached