KBL epb Returns to Switzerland With Acquisition of Bank am Bellevue - Seite 2

"Even as we continue to make major investments to expand our footprint and accelerate our growth, we will retain the agility that comes with smaller size," said Zeltner. "We're eager to introduce our unique approach – as an advice-led organization that cuts through complexity and focuses on client interests – to one of the world's most important wealth management markets."

André Rüegg, CEO of the Bellevue Group, commented: "We are pleased that KBL epb will take over our bank, providing staff and clients a promising set-up to further expand innovative wealth management services. With its comprehensive expertise and experience, KBL epb is the perfect partner to develop the bank and offer personalized services to high net worth individuals.

"Moving forward, the Bellevue Group will focus on its asset management as well as its private market activities," Rüegg concluded, noting that KBL epb and the Bellevue Group will also jointly explore opportunities to collaborate in the area of asset management, including in the global healthcare sector, where the Bellevue Group possesses particular expertise.

About KBL European Private Bankers:

KBL European Private Bankers (KBL epb), founded in 1949, is headquartered in Luxembourg and operates in 50 cities across Europe, staffed by some 2,000 professionals.

Widely recognized as a private banking leader, the KBL epb group serves wealthy individuals and their families, as well as a broad range of institutional and professional clients, including family offices, foundations and external asset managers.

The KBL epb group operates under the following domestic brand names:

•   Brown Shipley (UK)
•   InsingerGilissen (Netherlands)
•   KBL España (Spain)
•   KBL Luxembourg (Luxembourg)
•   Merck Finck (Germany)
•   Puilaetco Dewaay Private Bankers (Belgium)
•   Banque Puilaetco Dewaay (Luxembourg)

With the full support of its shareholder, Precision Capital, a Luxembourg-based bank holding company, KBL epb continues to consolidate its leadership status across Europe. For further information about the KBL epb group, please visit: www.kbl.lu