Swiss private bank Edmond de Rothschild to close HK operations

Swiss private bank Edmond de Rothschild to close HK operations

A logo of Banque Privee Edmond de Rothschild is seen on the bank building before a news conference for the group's 2010 results, in Geneva March 31, 2011. REUTERS/Denis Balibouse

Swiss private bank Edmond de Rothschild is closing its Hong Kong operations, according to three people familiar with the matter, more than two decades after it opened shop in the former British territory and as costs in the wealth management industry bite.

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