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Eric Syz Acquires Co-Founder Stakes in His Geneva Private Bank

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Eric Syz, the majority owner of Banque Syz & Co., acquired the shares of his two co-founders, Alfredo Piacentini and Paolo Luban, and told staff he has no intention to sell the Geneva-based firm. Eric Syz, who worked for brokerage Paine Webber Group Inc. in New York before establishing the…

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