Wealth and Asset Management
Safra Group wins race to buy Bank Sarasin
Safra Group, founded in the Syrian city of Aleppo in the 19th century, agreed to acquire Rabobank Groep’s controlling stake in Bank Sarasin & Cie. AG for more than 1 billion Swiss francs ($1.1 billion) to expand private banking in Europe, the Middle East and Asia. Safra will pay 36…
Continue Reading
Subscribe to unlock the full article and access premium financial content.