Safra New York completed the acquisition of Delta North.

Safra New York, an American privately held bank based in New York City, completed the acquisition of Delta North, a provider of private banking and wealth management. Financial terms were not disclosed. Jacob J. Safra, Chairman of Safra National Bank of New York: "We are proud to have completed this acquisition, which represents an excellent strategic fit to our existing business in these markets. Clients will benefit from an organization that is fully dedicated to wealth management, providing the service, products and expertise that best meet their specific needs. We are confident that the Bank has all the attributes required to continue growing and prospering in a sustainable manner.