- Banque Lombard Odier & Cie SA (“LO”) is a leading global wealth and asset manager focused on providing solutions to private and institutional clients, as well as to other financial institutions.
- LO has undergone a strategic review and decided to exit its Dutch private banking business. In November 2017 the agreement to sell the Dutch business through an asset deal was signed with InsingerGilissen Bankiers N.V. (“IG”). Upon closing of the transaction, the entire Amsterdam based LO staff will join the buyer. IG is a member of KBL European Private Bankers and headquartered in Amsterdam. In October 2017, IG resulted from the merger between Bank Insinger de Beaufort and Theodoor Gilissen Bankiers.
- CFM advised LO exclusively on the sale of its Dutch private banking business.