Wealth and Asset Management
Erste Hungary CEO: Buys BNP Paribas Private Bank Arm
The Hungarian subsidiary of Erste Bank AG (EBS.VI), Hungary's second-largest bank by market share, has bought the private banking arm of BNP Paribas (BNP.FR), Erste Hungary's chief executive said Thursday. "We continue to believe in banking in Hungary, we're committed to grow here despite the hardships," Radovan Jelasity said. Banks…
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