Lombard Odier Secures Family-Office Mandate

Lombard Odier has had a good start to the year: the Geneva-based bank has recently received a mandate from a multi-family office.

Lombard Odier has been awarded a mandate from Archimedes Private Office, a multi-family office with a rather discrete Website to its name, «AWP» news agency reported last night.

The mandate is worth 200 million euros and includes institutional asset management, custodian and loan services for an established international family, the report said.

The bank last year boosted client assets to 224 billion francs from 215 billion a year earlier.

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