A private bank with its own perfume

Asia chief of Banque Piguet, Michael Chan, talks about the Swiss private bank's strategy for growth and why China will be crucial to its future.

Banque Piguet Cie BPSA is new to Asia. Can you explain a little of the firmÆs background
We are a member of the BCV Group Banque Cantonale Vaudoise which is SwitzerlandÆs fourth largest bank and is 67.9% owned by the Canton of Vaud. The group manages about $66 billion and has 70 branches, over 600,000 customers and a single A rating. The headquarters is in Lausanne.

BPSA was founded in 1856, and is 83% owned by the BCV Group, which...

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