Swiss private bank Julius Baer Group AG (BAER.VX) has increased its offer to take over the majority of Swiss peer, Bank Sarasin & Cie AG (
BSAN.EB), Dow Jones has reported, citing Swiss weekly SonntagsZeitung.
Swiss private bank Julius Baer AG (BAER.VX) has made a non-binding offer to take over Bank Sarasin & Cie AG (
BSAN.EB), Dow Jones has reported, citing Swiss weekly HandelsZeitung.
Switzerland-based Bank Sarasin (
BSAN.SW) has said that it has named Marius Dorfmeister as new head for its international institutional clients business.
Bank Sarasin & Cie AG (
BSAN.EB) has said that it has no plans to increase its stake in Neue Zuercher Bank (NZB) further, adding NZB remains a financial, and not a strategic investment, reports Dow Jones.
The Hong Kong Monetary Authority (HKMA) has said that it has granted a banking license to Bank Sarasin & Cie AG (
BSAN.EB).
Swiss private bank Sarasin (
BSAN.SWX) has said that it will open its first offices in India in July, providing financial advisory and consultancy services in Mumbai and Delhi to wealthy private clients.
Dubai-based asset management firm of Bank Sarasin (
BSAN.S) has launched an equity fund worth USD100m (GBP72.6m) to target the Gulf Arab bourses.
A Gulf-based asset management company of the Sarasin Group (
BSAN.SW) is to invest in stocks.
According to Reuters, Switzerland-based Bank Sarasin (
BSAN.S) has announced that it would streamline its private banking and asset management businesses.
Basel-based Bank Sarasin (
BSAN.SW) has hired a large number of people.