22 February 2022

Article published by Me Jean-Marc Reymond in the BSL Banking in Switzerland and Luxembourg 2021-2022 review: “Asset management, investment advice or simple deposit: what duty of information does the bank have?”

This question arises in particular when a stock exchange transaction, far from generating the expected capital gain, results in a loss. The question is to determine whether the bank has respected its duties to inform, advise and warn and, if not, whether it can be held liable.

Me Jean-Marc Reymond answers this question by reminding the applicable legal principles.

BSL 2021 2022 FR Asset management, investment advice under custody what duty of information of the bank

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