EFG International to acquire Geneva private bank Cité Gestion
- Location
- Geneva · 🇨🇭 Switzerland
- Sector
- Banking
- Organisations
- EFG International ↔ Cité Gestion
- Transaction
- Acquisition
- Volume
- not published
- Status
- completed
EFG International is acquiring the Geneva-based private bank Cité Gestion with around CHF 7.5 bn in assets under management; completion is expected in the second half of 2025. Update (07.10.2025): EFG completed the purchase of 100% of Cité Gestion after receiving all regulatory approvals; the bank continues as an independent subsidiary under its own name (finews.com, 07.10.2025: https://www.finews.com/news/english-news/69624-efg-international-m-a-cite-gestion-wealth-management-swiss-private-banking-finanzplatz-schweiz-2).
Source: reuters.com ↗ · Archived copy ↗
Further sources: finews.com ↗ (Archived copy ↗)
Evidence: 2 independent sources · How well sourced is Eurotrack?
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