Announced

RHJ International to acquire BHF Bank from Deutsche Bank for $497m.

Synopsis

RHJ International, a financial services group, agreed to acquire BHF Bank, a private bank from Deutsche Bank, a German multinational investment bank, for $497m. “BHF-BANK is an attractive business to us, with significant positions across its core businesses, a rich heritage and a strong balance sheet," Leonhard Fischer, RHJ International CEO.

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