(Adds particulars) ZURICH, Oct 5 (Reuters) – Intesa Sanpaolo has agreed to buy a 69% stake in Switzerland’s REYL & Cie, the two businesses explained on Monday, in a offer that will merge the Italian bank’s Swiss personal banking business enterprise with its Geneva-dependent rival. Intesa, which has a company […]
REYL
Intesa Sanpaolo Private Banking And REYL & Cie SA To Enter Into Extended-term Strategic Partnership
Pursuing the closing of the transaction – which is subject matter to customary regulatory approvals and anticipated to be accomplished inside of the 1st 50 % of 2021 – ISPBM will be merged into REYL, generating a sizeable global personal banking team headquartered in Geneva with shut to 400 personnel, […]