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EFG International Completes Legal Integration of BSI Entities with Integration of BSI in Monaco
EFG International has announced that it has completed the legal and operational integration of BSI in Monaco by way of a merger. This marks the final step in the legal integration of the BSI entities into EFG, achieved on schedule.
“EFG has completed the legal integration of all BSI’s entities worldwide as planned and on schedule.”
With this step, EFG has completed the legal integration of all BSI’s entities worldwide as planned and on schedule. The last step in BSI’s integration into EFG is now the Swiss IT migration, which is expected to be completed by the end of 2017.
European Financial Group International (SIX:EFGN) is a multinational Swiss private banking group offering private banking and asset management services. It was formed in 1995 by Jean Pierre Cuoni and Lawrence D. Howell, and five others. The genesis of the bank was by the acquisitions of both the right to operate from the Zurich office of Banque de Deposits and the Swiss operations of the Royal bank of Scotland.
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