Pictet’s Haberer points politely to grand Asia plan

You know the world of private banking is finding its voice when the Asia head of conservative Swiss firm Pictet & Cie says of his regional expansion plans: “I want an army, not just of generals, but of soldiers.” It’s most certainly an uncharacteristic quote from a venerable 200-year-old institution such as Pictet, with its stoutly defended AA- long-term rating from agencies Moody’s and Fitch. It’s also a little misrepresentative of Asia-Pacific CEO Claude Haberer, who said …