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UBP signs two exclusive agreements to acquire Societe Generale’s international private banking operations in the UK and in Switzerland
August 6, 2024August 6, 2024by In World

UBP signs two exclusive agreements to acquire Societe Generale’s international private banking operations in the UK and in Switzerland

GENEVA, Aug. 6, 2024 /PRNewswire/ — Union Bancaire Privée, UBP SA (UBP) and Societe Generale announced today that they have entered into two exclusive agreements whereby UBP will acquire Societe Generale’s Swiss private banking activities (Societe Generale Private Banking Suisse) as well as their UK and Channel Islands wealth management arm (SG Kleinwort Hambros). Both...

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SocGen to sell UK, Swiss private bank units for about billion
August 5, 2024August 5, 2024by In Horoscope

SocGen to sell UK, Swiss private bank units for about $1 billion

By Sudip Kar-Gupta and Mathieu Rosemain PARIS (Reuters) -Societe Generale has agreed to sell its British and Swiss private banking units to Switzerland’s Union Bancaire Privee (UBP) for 900 million euros ($984 million) the French bank said on Monday as it speeds up its asset sale program. SocGen said the divisions being sold – SG...