SSGA hires, DBS loses and so does EFG; Blackrock gathers; Man buys back; Spy looks at Fees; Bond market discipline; advertising from Schroders, Old Mutual GI, Invesco and much more.
Tag: Efg
The FSA Spy market buzz – 17 March 2017
HSBC moves; AMP gets ethical; Concentrate or die; Invesco fixed maturity; DBS’s good call; Benchmarking dilemmas; EFG is coy; Nikko’s tissues; Samsung AM’s taxis and much more.
BSI Singapore names acting CEO
The appointment of Renato Cohn will last until the closing of the merger with EFG International.
Two Swiss private banks agree deal to build global giant
Zurich-based private bank, EFG International, has agreed a deal with Brazilian bank BTG Pactual to buy its Lugarno-based private banking unit BSI, one of the oldest Swiss banks, for about CHF1.33bn ($1.34 bn, £940m) in cash and stock.
