Swiss Private Bank Dynasty Splits Over Crypto Strategy Clash (2)

A Swiss private banking dynasty is in the throes of a generational rift over competing visions for their firm’s future.

Marc Syz has left his father Eric’s Geneva-based Banque Syz SA with business partner Richard Byworthafter disagreements over their plan to bring crypto treasury company Future Holdings AG under the bank’s alternative asset arm, Syz Capital. The younger Syz led that unit and is now working instead on a dual listing for Future Holdings, which he says will be Europe’s largest Bitcoin treasury firm.

The split highlights both the challenges of managing a family business and the sometime dueling ...