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Indosuez-CIC: Anatomy of a deal

Asian Private Banker - Indosuez hires industry veteran in key products role

A pair of Asia-based hires for VP Bank announced earlier this month will have provided cold comfort for the pure play after it was beaten to the punch for CIC’s private banking franchise in Hong Kong and Singapore in June. Meanwhile, sources close to the deal say that Indosuez Wealth Management is “extremely pleased” with its purchase after entering the competition…

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