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Surviving the generations

One of the largest private banks in Switzerland, Lombard Odier's senior managing partner Patrick Odier says the bank's long-term survival is due to its independence and astute succession planning.

"We're not forced by anyone to accept an idea. We're not forced to buy an investment vehicle, we're not asked by a general assembly of shareholders to perform better for the next quarter." - PATRICK ODIER.

BORN into a family which has spent a couple of centuries in the relationship-centric banking business, it is no surprise how Patrick Odier begins the interview with a bit of diplomatic finesse. "I like the days in Singapore. They are very efficient. It's like in Switzerland. You know why you're...