Evolution in the Swiss market
July 18, 2016
Bank Degroof Petercam has sold its minority stake in the Swiss bank Landolt & Cie. This transaction is an important step to open the way for a further autonomous, fully-fledged and ambitious development of the group’s activities in Switzerland through its 100% subsidiary Petercam Banque Privée. The entity has been active in Switzerland since 1968.
“We aim to remain and expand our reference status as a private bank offering the expertise and knowhow of Degroof Petercam group in the Swiss market”, says Philippe Masset, CEO Bank Degroof Petercam.