Sydbank CEO hopes to increase earnings through new wealth management unit

Silo mentality has been holding Sydbank back, and this will now be changed through the launch of a new wealth management unit. The CEO expects to be able to bring in more business to the area and expand the client base.

by aske muff, translated by catherine brett

Sydbank must be better at selling products to clients across the investment area. At the same time, the bank wants a clearer profile and to attract more new clients, says CEO Karen Frøsig.

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Sydbank CEO hopes to increase earnings through new wealth management unit

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Sydbank establishes wealth unit to be led by former head of Alm. Brand WM

Asset management arm of Denmark's third-largest bank targets clients abroad with new initiatives

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Sign up for our newsletter

Front page now

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager