Announced
Financials
Tags
Liechtenstein
financial servies
Single Bidder
Majority
Pending
Diversified Financials
Friendly
Private
Domestic
Acquisition
trust
Synopsis
Gasser Partner, an international independent law firm, agreed to acquire the Liechtenstein trust business of Credit Suisse, a global investment bank and financial services firm founded and based in Switzerland. Financial terms were not disclosed. "Credit Suisse regularly reviews its product and services portfolio to meet the evolving needs of our clients. Over the past months we have carefully considered how we can best continue to serve our clients who have sophisticated trust needs. Both Butterfield and Gasser Partner specialize in full-service trust structures and solutions dedicated to clients with bespoke needs," Michael Strobaek, Credit Suisse Head of Investment Solutions & Sustainability.
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