Extremely Wealthy
Intesa Eyes London’s Rich Italians as Money Shifts From Zurich
Intesa Sanpaolo SpA said it’s targeting wealthy Italians living in London to grow its private-banking business and capture money that it expects to flow into the U.K. from Switzerland. Changes to bank secrecy laws mean “the Swiss will lose their competitive advantage to London,” said Paolo Molesini, managing director of…
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Click here to read the full story: Swissinfo.ch