Wealth and Asset Management
An Arab Bank Snaps up a Swiss Private Bank
Two years ago, it proudly celebrated its 175th anniversary. Now, an Arab financial institution has unexpectedly taken over Gonet, a private bank in Geneva. What happened? Jordanian-owned Arab Bank (Switzerland) has acquired a majority stake in the Geneva-based private bank Gonet, the two highly divergent institutions announced in a surprise…
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Click here to read the full story: Finews.asia