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19/06/2014
REYL & CIE strengthens its presence in Zurich

Geneva, 19 June 2014 - Present in Zurich since 2011, REYL & CIE can now count on the expertise of Michael Welti, Chris Bauer and Danny Stokker.

With over 25 years of experience in managing and developing relationships with clients in Switzerland as well as Central and Eastern Europe, Michael Welti becomes Managing Director of the Bank’s Zurich branch. In this role, he will promote the Bank’s Wealth Management, Private Office and Corporate Advisory services which, together with Asset Management, represent the REYL Group’s diversified offering to its client base of international entrepreneurs and institutional investors.

The team will draw on the resources of the Group in Geneva, London, Luxembourg as well as Asia. It will enable a broad regional coverage of clients based in Western, Eastern and Central Europe, the CIS, the Middle East, Asia and Africa. Reyl Overseas Ltd, a Bank subsidiary registered with the SEC, offers, also from Zurich, a full range of portfolio management services to American clients living either in the US or abroad.

Lorenzo Rocco di Torrepadula, Partner and Deputy Head of Wealth Management in Switzerland, is pleased to welcome the team: "The experience of Michael Welti and his team fits perfectly with our geographic diversification strategy. They will also contribute to enhance our visibility in the German-speaking part of the country."

Michael Welti adds: "We are delighted to provide our clients with the global service offering proposed by REYL Group. This offering is particularly relevant for entrepreneurs who need advice beyond the management of their financial asset portfolio. We are particularly impressed by the Group’s modern vision and values: entrepreneurship, independence and in-depth relationships allowing for the building of true partnerships with our clients."

Michael Welti began his career in 1989 at UBS. In 1996, he joined WestLB and in 1999, ABN AMRO Private Banking, which was integrated into UBP in 2011