• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      International Investment Nordic Forum 2021

      International Investment is delighted to announce the 2021 International Investment Nordic Forum which will take place on Tuesday March 9, at 9am (GMT). This curated virtual event will be broadcast live and will feature a series of fund manager interviews and presentations, as well as interviews with some of the Nordic regions top fund selectors.

      • Date: 09 Mar 2021
      • ONLINE, ONLINE
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video
  • Equities

Bellevue sells bank to KBL epb

Bellevue sells bank to KBL epb
  • Ridhima Sharma
  • Ridhima Sharma
  • @ridhi02
  • 21 August 2019
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

Bellevue Group has signed an agreement with KBL European Private Bankers (KBL epb) regarding the sale of Bank am Bellevue. KBL epb will take over the Bank with its current staff of 22 and assets under management of CHF 1.7 bn. This transaction will not affect the asset management and private market business, which will be continued without any change.

The closing of the transaction is expected by the first quarter of 2020, subject to regulatory approval.  

Related articles

  • Emmanuel Fievet joins leadership team of KBL epb
  • Former UBS WM president joins Luxembourg private banking group
  • KBC group sells private banking business to Precision Capital
  • Alternatives and passive products key to growth of UBS asset management unit

"We are pleased that KBL epb will take over our bank, providing staff and clients with a promising set-up for innovative wealth management services. With its vast expertise and experience, KBL epb is the ideal partner for growing the bank and delivering personalised services to high net worth individuals. Bellevue Group will focus on and expand its asset management as well as its private market activities. The proceeds of this sale and the disposal of the SIX stake that has took place in July 2019 will accelerate the further development of our Group", commented André Rüegg, CEO of Bellevue Group.

Jürg Zeltner, Group CEO of KBL epb, added: "With its talented staff, strong client relationships and scalable infrastructure, Bank am Bellevue is an ideal fit for us. Together with that team, we look forward to establishing deep roots and growing a robust Swiss business that meets the needs of both domestic and international clients."

KBL epb and Bellevue Group will also jointly explore potential opportunities for collaboration in the asset management area, such as the global healthcare sector, where Bellevue Group is a leading player on the international stage.
 

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Equities

More on Equities

Comment: Navigating equity markets in the year ahead

  • Comment
  • 21 January 2021
M&G taps Value Partners for £500m Chinese equities mandate

  • Equities
  • 16 December 2020
Global equities tumble on covid-19 fears and US jitters

  • Equities
  • 27 October 2020
BMO Global AM launches sustainable equity fund in China

  • ESG
  • 25 August 2020
HSBC Singapore launches first AI-powered equity index structured note

  • Equities
  • 13 August 2020
Back to Top

Most read

Duff & Phelps opens Gibraltar office
Duff & Phelps opens Gibraltar office
Brexit deals hefty blow to City but industry is ready to fight back
Brexit deals hefty blow to City but industry is ready to fight back
Comment: Are cryptocurrencies the new gold?
Comment: Are cryptocurrencies the new gold?
FSCS warns industry of £1bn compensation bill
FSCS warns industry of £1bn compensation bill
Dubai regulator to develop cryptocurrency framework
Dubai regulator to develop cryptocurrency framework
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading