- Banque Genevoise de Gestion’s origins go back to 1968, when it was founded as a financial advisory firm. Twenty years later, in order to expand the company’s sphere of operation, its founder decided to establish a bank in the purest Swiss tradition. To further leverage and grow the existing platform to the next level both in terms of size and profitability, BGG has entered into a dialogue with suitable potential partners.
- In 2013 BGG announced that they entered into an agreement with Crèdit Andorrà, Andorra’s largest financial group specializing amongst other also in private banking services, to sell a strategic minority stake.
- CFM was mandated by BGG to search for such a new shareholder and to conduct the process of selling the shares of BGG.