Vontobel to buy back 12.5 pct stake held by Raiffeisen
Swiss bank Vontobel Holding AG said on Friday it will buy back 12.5 percent of its shares currently held by Swiss retail bank Raiffeisen. The move comes after Raiffeisen said earlier it would end its back-office partnership with Vontobel, which runs to the middle of 2017. Vontobel said it had…
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