Yet another foreign bank is entering the U.S. private banking market.

Union Bancaire Privee, a $9.6 billion-asset bank based in Geneva, plans to open an investment management office in New York next month. But rather than rely on Swiss banking cachet alone, Union Bancaire has hired three high-profile members of the New York investments scene to help drum up business.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.