Mirabaud Says Spain, Italy, Greece Inflows Boost Assets

Mirabaud & Cie., the Geneva-based private bank established in 1819, said inflows from wealthy Spanish, Italian and Greek clients helped boost assets by about 4 percent this year.

“We have seen some new European clients coming to Switzerland to book their assets,” Yves Mirabaud, senior partner at the firm, said in an interview in Geneva. “They worry about the situation rightly or wrongly and want to have their assets booked in what they believe is a safer place.”