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EFG International to complete BSI acquisition by Q4 of 2016

A few months after EFG International agreed to buy Lugano-based private bank BSI for CHF 1.3 billion (US$1.3 billion) in cash and shares, the Swiss pure-play states that the acquisition will be completed by the fourth quarter of this year in a statement released today. “EFG International remains focused on delivering growth despite continuing market uncertainties and the planned completion…

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