Wealth and Asset Management
Swiss banks set for greater consolidation
With two big deals in less than a month, the long-forecast consolidation of Swiss private banking looks as though it has finally arrived. Last week, a controlling stake in Sarasin, the big Basel-based private bank with SFr106bn ($115bn) in assets under management, was bought for SFr1.04bn by Safra Group, the…
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Click here to read the full story: Financial Times