The venerable Clariden Leu (Europe) brand has come to an end as the recent new owner of the former London-based asset manager re-named it as Falcon Private Wealth.

Falcon Private Bank, which is headquartered in Switzerland, bought Clariden Leu (Europe) from Credit Suisse last October (to view the story in detail, click here).

The new entity, Falcon Private Wealth, which is based in Knightsbridge in London, is an international private asset management firm offering tailored wealth management services to global clients with a strong focus on the Middle East and Africa, Eastern Europe, Asia and other emerging markets.

Separately, Nick McCall is the new chief executive at Falcon Private Wealth, having previously been chief operations officer at Clariden Leu.

The purchase price for the acquisition was not disclosed.