LGT to acquire Commonwealth Bank of Australia (CBA)’s personal advice business, Commonwealth Private Advice

LGT has signed an agreement to acquire the personal advice business of Australia’s largest bank, CBA. This acquisition bolsters LGT’s foothold in the Australian wealth management landscape, reaffirming its dedication to high-quality advisory services, enduring client relationships, and sustainable growth. The acquisition is expected to transfer more than CHF 2.8…