SINGAPORE -- Swiss-Brazilian private bank J. Safra Sarasin has reached an agreement to acquire Canada's Bank of Montreal's (BMO) private banking business in Hong Kong and Singapore for an undisclosed valuation, according to a press announcement on Wednesday.
DealStreetAsia
Swiss-Brazilian bank to acquire business in Singapore and Hong Kong
J. Safra Sarasin plans to enhance presence in region's private banking field
J. Safra Sarasin's branches in Singapore and Hong Kong provide private banking and wealth management services. © Reuters
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