Announced
Completed
Financials
Sources
Tags
Switzerland
Private
Friendly
wealth management
Acquisition
Asset Managers and Custodians
Single Bidder
Majority
Completed
Synopsis
Quintet Private Bank, the pan-European private banking group, completed the acquisition of Bank am Bellevue, the wealth management business of Bellevue Group, a Swiss asset management company. Financial terms were not disclosed. "With talented staff, strong client relationships and scalable infrastructure, Bank am Bellevue is an ideal fit for us. Together with that team and under the future leadership of Dagmar, we look forward to putting down roots and growing a robust Swiss business that meets the needs of both domestic and international clients," Jürg Zeltner, Quintet CEO.
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