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Lombard Odier, the Geneva-based private bank, is grappling with a wave of high-profile departures as its expansion plans falter. Key executives, including institutional client head Raphael Kron, have left, raising questions about the bank’s strategy.
- Raphael Kron, Lombard Odier's institutional client head, resigned after four years to join a financial boutique.
- The bank's high-profile hires from Credit Suisse and UBS, including Serge Fehr and Sabine Heller, have not yet delivered significant client growth.
- Sources suggest Lombard Odier's expansion strategy in Zurich is struggling, with limited success in attracting key client segments.
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