- M.M.Warburg Bank (Schweiz) AG (“MMWB”) is an independent private bank owned by M.M.Warburg & CO (AG & Co.) KGaA, a German banking group, since 1996. The bank provides traditional private banking services to a predominantly private German and Swiss clientele.
- The shareholders of MMWB decided to withdraw from the traditional private banking business in Switzerland. However, the group still retains a family office presence in Zurich (Private Client Partners AG). In November 2017 the agreement to sell a substantial part of its Swiss based private banking business through an asset deal with universal succession was signed with St.Galler Kantonalbank (“SGKB”). SGKB is a Swiss cantonal bank which offers the entire range of financial services and provides private banking services through a dedicated private banking offering.
- CFM was mandated by MMWB as exclusive advisor to provide the whole range of M&A services.