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BNP Paribas to buy HSBC’s German private banking arm
HSBC sells German private banking business to BNP Paribas
A deal has been agreed by HSBC Continental Europe to sell its private banking division to BNP Paribas in Germany. The possible deal is contingent upon receiving the necessary government clearances and the resolution of discussions with the German Works Council.
BNP Paribas signs deal to buy HSBC private banking unit in Germany
BNP Paribas has signed a deal to buy HSBC's private banking unit in Germany as it continues to expand its footprint in wealth management, the French lender said on Monday. The deal, which BNP said should be closed in the second quarter of 2025,
HSBC to sell German private banking arm to BNP Paribas
BNP Paribas has struck a deal to acquire HSBC's German private banking arm as the French lender looks to expand in wealth management and the London-based giant continues its pivot to Asian markets.
HSBC Deutschland verkauft Private-Banking-Geschäft an BNP
Die Konsolidierung im deutschen Wealth Management setzt sich fort. HSBC Deutschland will jetzt ihr Private-Banking-Geschäft an BNP Paribas verkaufen. Erst vor kurzem hatte ABN Amro die Übernahme von Hauck Aufhäuser Lampe bekanntgegeben.
BNP Paribas to buy HSBC’s German private banking arm
BNP Paribas has agreed to buy the private banking operations of HSBC in Germany as it accelerates its expansion drive in a deal that will grow its exposure to wealthy entrepreneurs in Europe’s biggest economy.
HSBC to Sell German Private Bank to BNP Paribas
HSBC is selling its private-banking activities in Germany to France's BNP Paribas. The agreement covers 120 employees as well as the assets and customers of HSBC Germany's private-banking business, the banks said Monday. The deal is expected to close during the second half of 2025, subject to approvals, they added.
BNP Paribas to buy German private banking unit from HSBC
BNP Paribas has signed an agreement with HSBC Holdings to buy the UK-based lender’s private banking operations in Germany, according to a statement on Monday (Sep 23). Read more at The Business Times.
Live news: BNP Paribas to buy HSBC’s German private banking arm
BNP Paribas has agreed to buy the private banking activities of HSBC in Germany, saying the deal would grow is exposure to entrepreneurs in the country. The eurozone’s biggest bank did not disclose any financial details of the purchase.
10h
Santander Private Banking opens regional headquarters in DIFC
Santander Private Banking establishes its first regional headquarters in the Dubai International Financial Centre.
Bloomberg L.P.
22h
BNP Paribas Agrees to Buy German Private Banking Unit From HSBC
BNP Paribas SA agreed to buy HSBC Holdings Plc
private
banking
operations in Germany, as the French lender seeks a bigger ...
Zawya
13h
Santander Private Banking expands global presence with first regional headquarters in DIFC
Dubai, UAE: Santander Private Banking, has established a new office in Dubai International Financial Centre (DIFC), the ...
finews
18h
Breaking Taboos in Swiss Private Banking
Never before have so many Swiss private banks been willing to relinquish their independence and be acquired. There are at ...
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BNP Paribas
Germany
HSBC
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