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Pictet and Brunswick divest Lindu Ejendomme to Blackstone

Pictet Asset Management launches Investing in the Future University Competition 2023 in Asia

Pictet Asset Management (PAM), the world's leading actively-managed thematic equities asset manager, has launched the inaugural "Investing in the Future University Competition 2023" (Competition) across five markets in Asia, with a focus on Megatrends and environmental thematic investing. It aims to empower the younger generations that aspire to become investors by enhancing their knowledge and skills in thematic investing, while fostering their environmental awareness and responsible investment

Banque Pictet to pay nearly $123M over secret bank accounts

NEW YORK: Banque Pictet et Cie will pay nearly $123 million under a deferred prosecution agreement in which the private bank admitted to helping US taxpayers evade $50.6 million in taxes, US officials announced on Monday.

Pictet to pay $123m for hiding $5 6bn in offshore accounts

Switzerland s Banque Pictet admits hiding billions from US tax authorities

NEW YORK (Reuters) -Swiss private bank Banque Pictet has admitted to helping U.S. taxpayers hide more than $5.6 billion from the Internal Revenue Service (IRS) and has entered into a deferred prosecution agreement with the Justice Department, federal prosecutors said on Monday. According to prosecutors, U.S. taxpayers with Pictet accounts in Switzerland and elsewhere evaded about $50.6 million in taxes between 2008 and 2014. As part of the agreement, Banque Pictet agreed to pay $122.9 million to the U.S. Treasury.

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