J. Safra Sarasin, the Swiss-Brazilian private bank, has announces the acquisition of Bank of Montreal's (BMO) private banking business in Hong Kong and Singapore. The transaction was agreed for an undisclosed sum. The deal enables J. Safra Sarasin to acquire Bank of Montreal's private banking business in Hong Kong and Singapore by way of an asset purchase agreement. The acquisition includes clients and their experienced relationship management teams. BMO's well-diversified and at...
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