H&Q Private Banking and Union Bancaire Privee have formed an even closer partnership in which both banks will cross-market other's services including asset management and financial planning. H&Q will benefit from UBP's strong financial advisory business whereas UBP will gain market share in Scandinavia.
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Bisys has announced the appointment of Denis Bovin, Vice Chairman of Investment Banking and Senior Managing Director of Bear Sterns, to the company's board of directors.
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Invesco is buying a 70 percent stake in Grand Pacific, a Taiwanese investment management firm, from a consortium led by the Koos Group. 
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