FNZ completed the acquisition of Fondsdepot Bank.

FNZ, a global wealth management platform, completed the acquisition of Fondsdepot Bank, an independent platform for trading and custody in Germany. Financial terms were not disclosed. “I am very excited about the opportunity to join FNZ and to work with such a strong team. Together, we will continue to grow FNZ's market-leading client offering by leveraging our combined platform capabilities and market knowledge. All of our employees will play a critical role in achieving this goal, creating even more exciting career opportunities in the future," Sebastian Henrichs, Fondsdepot Bank CEO.