Deal is part of its strategy to move ‘into different markets with long-term growth potential’
Author Archives: Robbie Lawther
Robbie is a reporter for International Adviser, covering global news stories about the financial services industry. He joined Last Word Media in October 2018 after nearly two years working at a group of private banking publications, firstly as a reporter then as assistant editor. Robbie can be contacted via email at robbie.lawther@lastwordmedia.com and on Twitter @RLawther94
EFG International sells minority stake in Spanish private bank
Deal will enable firm to ‘focus fully’ on its core business
Aéma Groupe buys Aviva France for €3.2bn
Including its 75% shareholding in wealth manager L’Union Financière de France
Deutsche Bank to set up international private bank
It will have around €250bn in assets under management and combined revenue of approximately €3bn
Swiss private bank to exit private banking in 2021
It is in ‘advanced negotiations’ to sell and transfer its client portfolios, front-office and subsidiaries
Luxembourg private bank opens Swiss office
It will also unveil its first branch in Denmark by the end of the year
Group chief executive of Quintet Private Bank dies
Former UBS wealth management president had been battling a long-term health issue
Polar absolute return fund to have convertibles focus
Long/short fund will target 5-8% with limited downside
