Luxembourg-based Quintet Private Bank, the parent company of UK-based Brown Shipley, has signed a memorandum of understanding (MoU) with asset manager BlackRock.
The memorandum is designed to extend the investment capabilities of the Quintet Group, including Brown Shipley, and strengthen its ability to meet the long-term needs of its clients while retaining full control of all its investment decision-making.
Under the terms of the recently signed MoU, B...