Announced
Completed
Financials
Tags
Investment Banking
Majority
Domestic
Friendly
Mexico
brokerage services
Acquisition
Private
Single Bidder
Completed
Synopsis
Insigneo, a global wealth management firm, completed the acquisition of Latin American brokerage and investment operations of PNC, a financial services corporation. Financial terms were not disclosed. "The acquisition of PNC’s Latin American brokerage and investment operations further cements Insigneo’s position in the Americas as a leader in international wealth management. We are committed to the region with our strategy of empowering investment professionals to deliver excellent service and compelling investment strategies and solutions to clients globally," Raul Henriquez, Insigneo Chairman and CEO.
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