Wealth and Asset Management
Two private banks to merge and take Falcon's assets
One Suisse Bank has agreed to acquire Falcon Private Bank’s assets and merge with Banque Profil de Gestion (BPDG), the firm announced on Friday. Banca Profilo, the majority shareholder in BPDG, is selling a majority stake of 60.4% to One Suisse Bank’s shareholders. BPDG will pay an extraordinary dividend of…
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