| 29.12.2008 Opalesque Exclusive: Optimal may have lost CHF3.5bln (US$3.2bln), Rothschild & Cie may have lost Eur9.4m ($13.2m) through Madoff |
| By the Opalesque Team: Optimal Investment Services, the Geneva-based subsidiary of the Santander banking group, invested CHF3.5bln in Madoff. Swiss daily newspaper Le Temps investigated. Optimal employs 73 people, 45 being based in Geneva. Their role is to direct $9bln (of which four fifth comes from Santander’s wealthy Spanish and South American clients) towards the very best investment fu |