- Banque CIC (Suisse) has a long-standing banking tradition dedicated to its retail and private banking clients. The universal bank pursues a growth strategy across Switzerland.
- Credit Suisse, a universal bank in Switzerland, performed a strategic review which lead to the conclusion that parts of its client book were deemed “non core”. As a result, Credit Suisse decided to offer the book containing client assets between CHF 2bn to 3bn for sale. In summer 2016 the referral agreement with the Banque CIC (Suisse) was signed.
- CFM advised Banque CIC (Suisse) exclusively on the analysis and valuation of the client book and the negotiation of the referral agreement.