Liechtensteinian pure play LGT has signed an agreement to acquire the personal advice business of Commonwealth Bank of Australia (CBA) as part of its efforts to expand its presence in the Australian wealth management market. The acquisition of Commonwealth Private Advice is expected to transfer more than CHF 2.8 billion (US$3.2 billion) in assets from CBA’s ultra high net worth and…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]