All articles by Maryrose Fison
Maryrose Fison
Bankhaus Lampe: Benefits of breaking the mould
Stephan Schueller talks to Maryrose Fison about how German bank Bankhaus Lampe bounced back from a loss in 2008 to double its revenue last year, its refusal to construct domestic investment products and its decentralised approach that hands local decision-making back to its regional branches.
Feri Family Trust: Acting local, thinking global
Feri Family Trust is set to continue expanding through its new parent, German advisory firm MLP, next year and plans for opening a Singapore office appear on the horizon
Germany’s Berenberg plans 10-man UK team
Berenberg, Germanys oldest bank, plans to set up a 10-man UK private banking team by the end of the year, according to Andreas Brodtmann, a managing partner at the bank. It has an assets under management target of £500 million within three years, gathering client assets at a rate of £200 million a year. The business, which has international private banking operations in Austria and Switzerland, already has a 60-person investment management business in Threadneedle Street in the City of London.
Germany’s oldest bank plans UK team
The last 15 years have provided a new lease of life for Germanys Berenberg, the countrys oldest bank, driven by an increasingly professional and sophisticated approach to client service The bank is now looking to expand in London, where it has targeted £500m in AuM by 2013