Bank Syz hires two experienced bankers for leadership. The Geneva private bank Syz is filling two key positions. Marc Brodard takes over the management of the private client business, while Martin Freiermuth joins the executive management as chief operating officer. Martin Freiermuth (left) and Marc Brodard are new at Syz. (Images: provided) Tuesday, October 13, 2026 08:50 Press "Play" to listen to this content According to a Tuesday announcement, Bank Syz is strengthening its leadership with two experienced bank managers. Marc Brodard becomes the new head of private clients, Martin Freiermuth takes on the role of chief operating officer (COO). With the appointments, the bank is separating the operational management of the private client business more clearly from the strategic development of wealth management, it said. Former Bonhôte manager takes over private clients Brodard will in future lead Bank Syz's private client teams and report directly to Philippe Turrian, head of the wealth management business. The segment will thus have its own management. The business with external asset managers will continue to be led by Etienne Billaud. The new allocation of responsibilities is intended to give Turrian more time for the strategic development of wealth management and for looking after clients. Brodard has more than 40 years of experience in banking. Most recently, he was chief client officer and a member of the executive management at Banque Bonhôte, where he was responsible for the Switzerland-wide client organization. Previously, as a member of the executive management, he headed the Swiss private client business at Schroder & Co Bank. He was also CEO of Hyposwiss Private Bank and held various leadership roles at Credit Suisse. Former EFG COO moves to Syz With Freiermuth, Syz is also bringing on board a proven specialist in banking technology and operational processes. The new COO will become a member of the executive management and report directly to CEO Nicolas Syz. Freiermuth will be responsible for operations, technology and security. He has more than 30 years of experience in the financial sector. Among other things, he was group chief operating officer and a member of the executive management at EFG International for five years. There he was responsible for technology, digitalization, cybersecurity, operations and cost management. Other positions in his career were Banque Internationale à Luxembourg, Vontobel, McKinsey and UBS. At Syz, Freiermuth is expected to drive forward technological modernization, automation and operational efficiency in particular. His responsibilities also include examining possible applications of artificial intelligence. The family-run Syz Group celebrates its 30th anniversary in 2026. In addition to Bank Syz, it comprises the companies Syz Capital and Syz Asset Management. On the topic. So you don't miss anything: the most important news daily and free of charge.

Syz Group repositions alternative investments business. The Syz banking group will realign its alternative investments business. Going forward, Syz Capital would be positioned as an independent private equity platform, Syz Group announced on Wednesday. David Weintraub will head the unit. The Legal Assets division, meanwhile, will be spun out of the group. 30.09.2026 00:46 The further development of Syz Capital underscores the group's commitment to alternative investments as well as its decision to focus on those areas in which it can create the greatest added value for its clients and achieve long-term growth, the statement continued. Syz Capital focuses on the private equity segment and pursues two strategies there: direct investments in small and medium-sized European B2B companies as well as the primary private equity program. The latter offers investors access to a diversified portfolio of private equity investments via specialized managers. An important part of the further development in the alternative investments business is the appointment of Weintraub as head of the unit, Syz CEO Eric Syz said according to the statement. Before joining Syz, Weintraub was investment director at the Danish investment holding Kirkbi, owned by the family of Lego heir and owner Kirk Kristiansen. Legal Assets becomes independent. At the same time, Christoph Raninger, who led Syz Capital during the recent transition phase, will refocus on his role as CFO of Syz Group, it continued. In addition, the hedge fund business will be newly integrated into Bank Syz. There is a change in the Legal Assets area. It will be spun out of the group as part of a management buyout led by its founder Olivier Maurice and will continue independently in the future as Hykra Capital SA. Maurice and the Legal Assets team will move to the new company, while Hykra will continue its collaboration with Syz.

SRP weekly: Asian appeal. The most read stories in the past seven days from our news desk. From Hong Kong's retail yield hunt to Taiwan's FCN concentration and Korea's shift into protection, Apac structured products are booming, but simplicity, leverage and complacency may be building new risks beneath the surface, according to panelists at the SRP Asia Pacific 2026 conference, which took place in Hong Kong on 24 June. "Hong Kong is the number one market in terms of issuance velocity: very AI and tech driven," said Thomas Bord of Barclays during the opening panel, Asia Structured Products Market: Flows, Yields & Performance. While fixed coupon notes continue to dominate private bank distribution, derivative income ETFs are gaining traction as an income solution for the mass affluent market. CSOP Asset Management's Yana Zhang said that the covered call ETF segment has expanded from a niche strategy worth less than US$10 billion five years ago to more than US$200 billion globally. "We definitely see the same trend in terms of investors hunting for higher, steadier yield through the fund space," she said. During the evening of 24 June, the best in class in the structured product industry gathered for the SRP Asia Pacific Awards 2026, with BNP Paribas, Crédit Agricole CIB, HSBC and S&P Dow Jones Indices among the winners. People moves SRP reported on a number of high-profile appointments and departures this week, starting with Barclays, which hired Ishu Bansal as co-head of exotics structuring and global lead for institutional exotics structuring in Europe, Middle East & Africa (Emea). Bansal joined from Bank of America Merrill Lynch, where he has been director and senior structurer since October 2024. Arnaud Heckenroth, managing director and global head of equity exotics and hybrids structuring, left the UK bank after 13 years. He is understood to be joining a market maker. Banque Syz, a Swiss private bank, appointed Sébastien Pannelier as head of structured products. Based in Geneva, Pannelier will lead the bank's structured products franchise, overseeing product origination, design and distribution across equity, credit, FX, rates and multi-asset solutions for private banking clients. Meanwhile, Julien Grunebaum stepped down as head of structured investments at Raffles Family Office after five years with the firm. Hong Kong-based Grunebaum was responsible for strengthening internal distribution and enhancing the firm's overall investment capabilities. In the UK, BNP Paribas expanded the responsibilities of Thomas Jamie, by elevating him to a newly created position. The role combines his existing position as head of UK quantitative investment strategies (QIS) cross-asset sales with head of UK institutional and private banks & distributors sales for equity derivatives. Products and market reviews Market Stability Fund, a Dutch domiciled fund of structured products, saw its assets under management increase to €204m (US$232m) end-May 2026. The fund closed May 1.52% higher compared to April while its cumulative performance for 2026 year to date reached 5.48%. The Insignia Defined Returns Fund, whose net asset value increased by 4.6% in May, sold out of its Airline Note that was due to mature in early June. Given that American Airlines was hovering close to its capital barrier, and there was a risk of significant downside due to tensions in the Middle East, the fund managers felt it was prudent to sell the note at a price of 93.86. "Subsequently, American Airlines did drift lower and the active decision to sell delivered significant value for the fund," said Peter Murphy, founder and managing director Insignia Financial. Deutsche Bank Belgium distributed the Inflation Note 2031 in its local market. The five-year structured note is issued on the paper of parent company Deutsche Bank AG and offers access to the Eurostat Eurozone HICP Ex Tobacco Unrevised Series NSA. In Greece, Unicredit launched a capital protection note linked to the MSCI Europe Smart Security Defense Infrastructure Top 50 Select 4.5% Decrement Index while Société Générale listed a suite of four daily leverage certificates on the Singapore Exchange (SGX), offering investors leveraged and inverse exposure to gold and silver for the first time in the segment. Thematic sectors like AI and semiconductor manufacturing now attract nearly half of all German investment interest, according to a survey conducted in June by the German association for structured securities (Bundesverband für Strukturierte Wertpapiere or BSW). For 16.8% of investors, energy transition and climate technology are the main focus, while defense and infrastructure are the most important investment theme to 14%. Barclays' collaboration with MB Structured Investments in the UK resulted in a market share of almost 30% in May. Eleven distributors were active during the month. Of these, the top three - MB Structured Investments, Walker Crips Structured Investments and Hilbert - captured two thirds of the UK market between them. Luma Financial Technologies has inked a deal with TD Securities to provide lifecycle management, analytics and performance reporting tools to the Canadian bank's wealth management clients for structured notes. The mandate will give investment professionals across TD Securities' Canadian structured products distribution relationships a single hub to manage their entire structured product holdings, including self-issued as well as third-party notes. FVC's Tim Mortimer analysed Buffered ETFs for SRP. The structures, which debuted in the US market in 2018, were the first of what is now usually known as the 'defined outcome ETF' family. VanEck introduced the VanEck China Semiconductor ETF, which tracks Chinese companies operating across the country's semiconductor industry the MarketVector China Semiconductor 25 Index. Also, FTSE Russell partnered with CCB to roll out an offshore RMB green bond index; Stoxx teamed up with BNP Paribas Asset Management to launch the BNP Paribas Easy European Equity Buffer ETF, the firm's first defined outcome exchange-traded fund on European equities; and Cboe introduced the first products under its prediction markets offering. Do you have a confidential story, tip or comment you'd like to share? Contact Us | SRP (structuredretailproducts.com)