Comment & Analysis
Wealth and Asset Management
Private Banking: Uncertain future for BIL Suisse
According to media reports, the Chinese company Legend Holdings has initiated the sale of Luxembourg-based BIL. The sale process poses uncertainties for the Swiss subsidiary. Client assets are shrinking, and the return for the owner appears modest. Legend Holdings , the Hong Kong-listed company and main shareholder of the computer…
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Click here to read the full story: Finews.ch