J. Safra Sarasin to buy BMO's private banking business in Hong Kong and Singapore

J. Safra Sarasin to buy BMO's private banking business in Hong Kong and Singapore

Photo by Micheile Henderson on Unsplash

Swiss-Brazilian private bank J. Safra Sarasin has reached an agreement to acquire Bank of Montreal’s (BMO) private banking business in Hong Kong and Singapore for an undisclosed valuation, according to a press announcement on Wednesday.

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