Last summer, Lombard Odier made headlines by strengthening its position in Zug through the hiring of a team of no less than 13 employees from Credit Suisse, as reported by finews.com. At the same time, in the summer of 2023, the bank announced it would be moving into new, centrally located premises in Zug. 

Zug Plays a Critical Role 

Under the leadership of Marco Arnold, the new team recently began operations in Zug, and the new office at Bundesplatz 1 has now been officially inaugurated. 

«Switzerland is our home market. Lombard Odier has continued to invest in the German-speaking Swiss market in recent years, which is a strategic growth area for the group,» said Serge Fehr, Head of Swiss Domestic Private Banking at Lombard Odier. Zug plays a pivotal role in this forward-looking strategy. Over the past few decades, Zug has evolved into one of Switzerland’s most successful business locations, outpacing even the economic powerhouse of Zurich. The city is a key hub for many industries, including the growing cryptocurrency sector. 

Focus on Entrepreneurs & Executives

 The Entrepreneurs & Executives (E&E) sector is particularly attractive, where specialists provide tailored services to managers and business owners at the intersection of corporate banking and private banking. 

«For executives and entrepreneurs, it is crucial to receive local advisory services,» said Marco Arnold, Managing Director in Zug, Lombard Odier. Arnold’s team works closely with lawyers, fiduciaries, and authorities to deliver integrated solutions.