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Swiss private bank to acquire Geneva-based AM

Swiss private bank to acquire Geneva-based AM

Banque Profil de Gestion (BPDG) has signed a binding agreement to purchase all the shares in Geneva-based firm Dynagest, the bank has announced.

The deal is pending approval from Finma and CSSF, after which a share purchase agreement will be signed, determining the final price for the  asset manager.

The acquisition is in line with BPDG's three-year plan, which aims to increase the bank’s assets under management.

Bank Profil de Gestion is a Swiss private bank specialising in wealth management.

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