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Straight Talk: Albert Chiu, chief executive, Asia Pacific, EFG Bank

In February this year, EFG announced that it will acquire private bank BSI from BTG Pactual for US$1.34 billion. The deal should catapult EFG into the big leagues by making it one of Switzerland’s largest private banks with around CHF170 billion (US$176 billion) in assets under management (AUM). It should also bring scale to EFG’s Asia business, according to the…

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