EFG International announces the closing of the acquisition of UBI Banca International S.A.

Zurich, 2 November 2017

EFG International announces that it has completed the acquisition of the Luxembourg-based private banking activities of UBI Banca International (Luxembourg) S.A. from Unione di Banche Italiane S.p.A., with revenue-generating Assets under Management of approx. EUR 2.4 billion and approx. EUR 1.5 billion of Assets under Custody.

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A strong relationship requires strong partners – who think and act according to shared views and values and who display just the right degree of flexibility. At EFG, we are pleased to be your partner for all your private banking needs and to be able to build a long-term relationship with you.

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