Indosuez WM confirms it is in “exclusive discussions” to buy CIC’s PB activities in Asia, transaction to be finalised by year’s end

16 June 2017 | 3 minutes read
Asian Private Banker - Indosuez hires industry veteran in key products role

Following Asian Private Banker’s breaking news that Indosuez Wealth Management (WM) has agreed to purchase Crédit Industriel et Commercial’s private banking activities in Hong Kong and Singapore, Indosuez has now confirmed via a media release that it is in “exclusive discussions for the acquisition”, and that it expects the transaction to be finalised by the end of the year. While the…

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