ING Bank Slaski to acquire the remaining 55% stake in Goldman Sachs TFI from Goldman Sachs.

ING Bank Slaski, a banking company, agreed to acquire the remaining 55% stake in Goldman Sachs TFI, an asset management company, from Goldman Sachs, a global investment banking firm. Financial terms are not disclosed. “As we observe both the growing affluence of Polish customers and important demographic shifts, we see that customers are more often looking for alternatives to traditional saving products. We want to meet their needs in a simple, digital and safe way. We are placing increasing emphasis on Private Banking and investment solutions. Taking over full control of Goldman Sachs TFI further reinforces our position in the investment and retirement markets. Under the ING brand, we want to offer clients a comprehensive range of solutions – from deposits to investment products,” Michał Bolesławski, ING Bank Śląski CEO.