Zurich Italy to acquire the financial advisors network of Deutsche Bank.

Zurich Italy, an insurance company, agreed to acquire the financial advisors network of Deutsche Bank, a global financial service provider. Financial terms were not disclosed. “A further strengthening of our presence in the Italian market thanks to a network that excels in terms of expertise and presence on the territory. Valuable advisory is for us the key to the success of our business: the strong partnership with Deutsche Bank, which we have been working with for many years in Italy and globally, has allowed us to appreciate the value and expertise of its financial advisors, a landmark in the asset management sector. This acquisition is for us a significant step forward in a path of growth and continuous innovation and evolution of the business towards multi-channel model,” Alessandro Castellano, Zurich Italy CEO.