Swiss private bank Falcon CEO replaced by board member: sources

September 1, 2016 9:06 AM

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ZURICH/ABU DHABI Switzerland's Falcon Private Bank has replaced Chief Executive Eduardo Leemann with board member Walter Berchtold, three sources familiar with the matter said on Thursday.

Zurich-based Falcon, which is owned by Abu Dhabi's International Petroleum Investment Company (IPIC), did not immediately respond to requests by phone and email for comment.

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