Wealth and Asset Management
Kleinwort Benson in ownership shake-up as losses reach £14m
Kleinwort Benson's wealth management division racked up losses of £13.9 million in 2013, as the bank's buy of German private bank BHF completed. Kleinwort Benson Wealth Management said pre-tax losses of €16.8 million over the year to the end of December could be attributed to 'challenging low interest rate and…
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