Quintet Private Bank has opened for business in Switzerland, following the closing of its acquisition of Bank am Bellevue.

Quintet, then called KBL European Private Bankers, first announced it was buying the wealth management arm of Bellevue Group in August 2019.

Quintet operates in 50 European cities, including as the parent of London-headquartered Brown Shipley.

Its newest private bank, located in Zurich, will seek to “leverage the country’s status as a global wealth management hub and Quintet’s...