Navigation

Skiplink Navigation

Main Features

Credit Suisse expands in Britain

Credit Suisse headquarters in Zurich

(Keystone)

Credit Suisse's private banking division is in talks to acquire Britain's JO Hambro Investment Management.

Credit Suisse said the deal would further strengthen Credit Suisse Private Banking's (CSPB) global position in private banking.

Both JO Hambro and Credit Suisse have agreed not to reveal the purchase price.

JO Hambro will retain its name and current location and operate as an autonomous unit under the umbrella of CSPB.

JO Hambro is a British investment manager for wealthy individuals, and has client assets under management of around £1.5 billion (SFr4 billion).

Oswald J Grubel, chief executive of CSPB said: "I am very pleased that JO Hambro has elected to join forces with us. They are a first-class team, and I am confident that they will find us a most supportive parent for the ambitious further growth they are pursuing."

swissinfo with agencies



Links

Neuer Inhalt

Horizontal Line


Survey Swiss Abroad

Survey: Keyboard and Hand close-up

Dear Swiss Abroad, tell us what you think

Survey Swiss Abroad

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.








Click here to see more newsletters