M&A Deals
Private bank expands Swiss footprint with acquisition
Deal adds CHF1bn in assets under management
HSBC receives approval to buy 100% of China life joint venture
It helps the bank with its ‘strategic priority of being a leading wealth manager in Asia’
Management buyout at Julius Baer wealth subsidiary
Following a strategic review by the Swiss group
Zurich sells Italian life and pension business
Transaction will release approximately $1.2bn of capital