- PKB Privatbank (“PKB”) is an international family-owned Swiss banking group specialized in private banking, offering tailored financial services to individuals, families, entrepreneurs and corporate clients. PKB Group is headquartered in Lugano and is present in 11 international locations, managing CHF 13bn of client assets. PKB benefits from a stable and long-term oriented ownership structure, having been fully family controlled since more than 60 years.
- In October 2021 Quintet Group announced that it would discontinue its banking activities in Switzerland. In connection with the wind-down, Quintet’s current private banking clients are given the opportunity to transfer their assets to PKB and be managed by a dedicated team of private bankers located in Zurich. In this context, PKB signed a referral partnership agreement with Quintet Private Bank (Switzerland) Ltd regarding Quintet’s private banking clients in Switzerland.
- CFM partners acted as exclusive financial advisor to PKB, leveraging on its unique positioning and expertise in the Swiss financial services market. CFM partners is a leading Swiss M&A and corporate finance advisory firm specialised on the financial services industry.