J Safra Sarasin Group has announced it has completed its acquisition of the Bank of Montreal’s (BMO’s) private bank in Hong Kong and Singapore.
The deal, first announced in the new year, will see the Swiss-headquartered banking group “reinforce its leading role in these two important financial centres”, according to a press statement.
BMO's former Asia private banking chief executive, Monique Chan, will also reportedly join Safra.
The bank branches are loc...