Mergers & Acquisitions
Wealth and Asset Management
Cembra completes the acquisition of Santander’s Swiss vehicle financing business as planned
Cembra has successfully completed the acquisition of the majority of Santander’s Swiss vehicle financing business. This increases the financing portfolio by approximately CHF 800 million. As planned, CHF 670 million of this amount was consolidated as of November 2, 2026, with the remainder to follow in 2027. On July 23,…
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