Wealth and Asset Management
KBC sells private bank KBL for $1.4 bln to Qatari investor
The KBC group ('KBC') has reached an agreement with Precision Capital for the sale of its dedicated private banking subsidiary KBL European Private Bankers ('KBL epb') for a total consideration of EUR 1.050 billion, EUR 50 million of which depend on the results of KBL epb ('conditional earn out'). ·…
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