May 11th, 2021

Inside Pictet’s Struggle Between Old and New

Over the course of more than two centuries, Banque Pictet & Cie SA has discreetly tended to the assets of the very rich. But the firm has seen a culture clash develop following the exodus in 2019 of a dozen long-tenured relationship managers at the wealth unit. Bloomberg’s Marion Halftermeyer reports. (Source: Bloomberg)