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LGT posts 15% growth in 1H18 profits, post-acquisition Asia arm makes a “healthy contribution”

LGT has partially credited its acquisition of ABN AMRO’s Asian and Middle Eastern private banking businesses last year to the pure play’s significantly higher revenues and profits in the first half of 2018. “Last year, we successfully completed the integration of ABN AMRO’s private banking business in Asia and the Middle East,” Dr Henri Leimer, CEO of LGT Private Banking Asia,…

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