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Fosun's German private banking unit acquires full ownership of Bankhaus Lampe

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German private bank Hauck & Aufhäuser has announced  that it has acquired a 100% percent stake in German private bank Bankhaus Lampe. The merger, which was approved by financial regulatory authorities including the European Central Bank and the German Federal Financial Supervisory Authority (BaFin), will create a top-level private bank…

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