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Falcon Private Bank buys another

Not known to shy away from inorganic growth, Falcon Private Bank, the Aabar Investments-owned wealth manager, follows up its acquisition of Clariden Leu (Europe) by agreeing to purchase Hyposwiss Private Bank’s Central and Eastern Europe private banking business. In a statement released today, Falcon’s chief executive officer, Eduardo Leemann, explained that the acquisition makes sense for the Swiss boutique given…

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