[GENEVA] Geneva's private banks may have to wait years before they can prospect for business in the European Union from Switzerland and service clients across borders, according to a managing partner at the city's oldest bank.
The EU won't allow the banks to market wealth management services into the 28-member bloc, especially after the Swiss voted on Feb 9 to cap immigration, Anne-Marie de Weck, one of eight managing partners at Cie Lombard, Odier SCA, said at a British-Swiss Chamber of Commerce...
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