Pictet Names Aerni Zurich Head Wealth Mgmt Arm; Eyes Bulk-up

Geneva-based private bank Pictet & Cie said Wednesday it is hiring former consultant Victor Aerni as head of its Zurich-based wealth management operations, the first step in what it expects to be a doubling its current staff of 26.

Swiss-born Aerni, most recently a partner with Boston Consulting Group, begins April 1 as head of Pictet's overall private banking, family office and custody services in Zurich.

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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