Banque neuchâteloise Bonhôte announced on Thursday the acquisition of Zurich bank Private Client Partners AG. The banking organization, specializing in the administration of large fortunes, becomes a branch of Banque Bonhôte. The existing clientele of the Zurich bank totals 1.9 billion francs in assets under management and 5.6 billion francs in consolidated assets. In a press release, Jean Berthoud, president of Banque Bonhôte intends by this acquisition “to participate in the consolidation of the Swiss banking sector”. / comm-sab
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