March 23rd news: Swiss private bank Syz Bank has recently experienced internal family divisions. Marc Syz, son of founder Eric Syz, has resigned along with his business partner Richard Byworth due to disagreements with his father over business development direction. The core of their divergence lies in whether to integrate the cryptocurrency treasury company Future Holdings AG into the bank's alternative assets division, Syz Capital. Marc advocated for increased investment in alternative assets, artificial intelligence, and digital assets, while the bank's board withdrew approval for the plan due to risk considerations. Marc is currently focused on pursuing a dual listing for Future Holdings in Sweden and Switzerland, aiming to establish it as Europe's largest Bitcoin treasury company. Under Marc's leadership, Syz Capital managed assets of approximately 2 billion Swiss francs (about 2.5 billion US dollars). Following his departure, some funds have flowed out. The bank has also recently seen other executive changes, with several senior managers, including the Chief Operating Officer, leaving sequentially. Marc and Byworth still hold approximately 25% of Syz Capital's shares, and their future shareholder status remains unclear. The pair also plan to establish their own independent asset management company, focusing on alternative strategies for capital preservation and growth. Syz Bank, through a spokesperson, stated that alternative investments remain a core pillar of its strategy but declined to comment on the details of the departures.