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LGT Group to split into three separate firms in 2021

The world’s largest family-owned PB and AM group is to be split into three in 2021. LGT Group has announced its decision to make its three business units — LGT Private Banking, LGT Capital Partners and Lightstone — into independent companies which will focus on private banking, asset management, and impact investing. The companies will be held directly by the Prince of Liechtenstein Foundation and…

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