5 January 2021 |

J. Safra Sarasin to take over BMO’s PB business in Hong Kong and Singapore

huGO-BildID: 39959491 A logo is seen at a branch office of private Bank J. Safra Sarasin in Basel October 26, 2014. Swiss authorities have searched the offices of private Bank J. Safra Sarasin as part of a probe led by German prosecutors into dividend stripping, an investment strategy that can be used to help clients avoid taxes, a Zurich prosecutor said. Authorities searched Sarasin's offices in Basel and Zurich on Thursday, as well as others connected to the bank, in a broader investigation into so-called "cum ex" dividend deals, Zurich deputy prosecutor Marcel Strassburger told Reuters. REUTERS/Arnd Wiegmann (SWITZERLAND – Tags: BUSINESS LOGO)
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