trending Market Intelligence /marketintelligence/en/news-insights/trending/o7pQkn6cHbwiz8EXYff7lA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Report: Intesa Sanpaolo set to acquire Swiss private bank

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


Report: Intesa Sanpaolo set to acquire Swiss private bank

Intesa Sanpaolo SpA is set to acquire Swiss private bank Banque Morval SA in a deal that could be worth €150 million to €200 million, Reuters reported Aug. 9, citing a "source with knowledge of the matter."

The deal could be reached shortly, with the transaction expected to close by the end of the year, the source said, adding that Intesa private banking unit Fideuram SpA would manage Morval following the acquisition.

Banque Morval, which is wholly owned by Morval Vonwiller Holding SA, has about €3.28 billion in AUM, Reuters noted.