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Chinese finance firm secures purchase of Liechtenstein private bank
06/04/2018 , News Team

Hong Kong-based finance firm, Mason Group has secured a deal to buy Raiffeisen Private Bank after the deal was first disclosed in October last year, making it the latest European finance firm to go to a Chinese buyer, a spokesperson from Raiffeisen told thewealthnet.

The Vaduz-based private bank has clients from Austria, Germany, Spain, Liechtenstein, Russia and Switzerland, including external asset managers and private investors.

Raiffeisen Private Bank was founded in 1998 and is a subsidiary of Walser Privatbank AG with 33 employees and total assets of CHF 367.2 million as at 31 December 2017.

 

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