Asset Managers · Private Banks

‘French, Swiss banks hold best cards in bid for Degroof Petercam’

Degroof Petercam's offices in Luxembourg.

In what appears to be the final stage of bidding for Belgian private bank Degroof Petercam, two foreign banks are set to battle it out, Flemish daily De Standaard reported on Thursday, citing ‘several observers’.  The bidding process for Degroof Petercam is expected to be completed this month.

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