- Schroder & Co Bank AG (“Schroders”) is a private bank with its head office in Zurich and a branch in Geneva. It forms part of Schroders plc, a global asset manager headquartered in London. Schroder & Co Bank AG provides bespoke wealth management services to private individuals, family offices, external asset managers and charities.
- Following a comprehensive review of its range of services provided to clients from Eastern European countries, Schroders decided that clients in this region would be better served by a bank that specialises in this geographic area. In summer 2018, the agreement to sell the Eastern European portfolio through an asset deal was signed with Compagnie Bancaire Helvétique (“CBH”). CBH has a long-standing banking tradition dedicated to wealth management and pursues a long-term growth strategy which is underlined by the strong organic and inorganic growth.
- CFM advised Schroders exclusively on the sale of its Eastern European private banking business.