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EFG CEO hopes BTG Pactual will be a silent investor

Days after EFG International agrees to buy Lugano-based private bank BSI for US$1.3 billion, its CEO has spoken about the nature of the integration. “We expect that BTG will be a silent investor,” EFG International chief executive Joachim Straehle told Swiss media. On 21 February 2016, EFG confirmed that it will pay US$1.3 billion in cash and assets with assets…

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