EFG International to acquire Quilvest.

EFG International, a swiss private bank, agreed to acquire Quilvest, a pure-play Swiss private bank. Financial terms were not disclosed. “We look forward to our future partnership with the Bemberg family and to working with the Quilvest Switzerland team as they add to our growth in Switzerland, the Middle East, and the Americas and to further expanding our holistic client offering. The acquisition of Quilvest Switzerland is testament to EFG’s ability to attract partners who share our entrepreneurial culture and our commitment to long-term value creation, across generations," Giorgio Pradelli, EFG International CEO.