Categories: Business

Julius Baer to provide Wergen prosperity administration enterprise

[ad_1]

People walk earlier a branch of Swiss bank Julius Baer in Zurich, Switzerland February 3, 2020. REUTERS/Arnd Wiegmann/File Image

ZURICH, Jan 3 (Reuters) – Julius Baer (BAER.S) has agreed to market Wergen & Husband or wife Wealth Management to its management, the Swiss private lender stated on Monday.

Julius Baer, which acquired Zurich-centered Wergen in February 2017, mentioned the organization has constantly been financially rewarding and experienced doubled its property less than management, with out providing any figures.

The functions agreed not to disclose the acquire value for the deal which is expected to shut in the initially quarter of 2022.

Sign-up now for No cost unrestricted access to Reuters.com

Sign up

Reporting by John Revill Enhancing by Tom Hogue

Our Benchmarks: The Thomson Reuters Rely on Rules.

[ad_2]

Go through a lot more right here

Jasmine Andrade

Recent Posts

The Overlooked Step That Can Save Thousands During Construction

When people discuss rising construction costs, the conversation usually focuses on labour shortages, material prices,…

2 months ago

Pastor Dino Rizzo’s Advice for Reaching the Community Through Holiday Outreach

The holiday season brings moments of celebration, but it can also place added strain on…

6 months ago

Top 10 Mistakes to Avoid When Hiring Movers for Your Next Move

Moving to a new home or office carries excitement along with several challenges. Selecting suitable…

1 year ago

Chasen Nevett’s Visionary Investments in Capital Markets

In the dynamic landscape of global finance, Chasen Nevett has emerged as a prominent figure,…

1 year ago

How to Choose the Right Parasite Treatment for Your Dog

Protecting your dog from parasites is one of the most important responsibilities of being a…

2 years ago

Top 10 Pharmacy Trends Revolutionizing Healthcare in 2024

Pharmacy plays a crucial role in the ever-evolving healthcare landscape. In 2024, a combination of…

2 years ago