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EFG International successfully concludes BSI integration

EFG International announces that it has completed the migration of all former BSI businesses onto EFG’s IT platform. With this step, EFG concludes the overall BSI integration process just over a year after the closing of the acquisition.

11 December 2017

EFG International announces nomination for election to the Board of Directors and establishes new Advisory Board for Asia

The Board of Directors of EFG International announced today that it has nominated Mr. Fong Seng Tee for election to its Board of Directors at the next Annual General Meeting in 2018. In addition, Mr. Tee will chair EFG’s Advisory Board for Asia, which will be established by end-2017. The new Advisory Board will provide guidance and expert advice to support the bank’s growth strategy in Asia.

04 December 2017

EFG International: update on business performance

Integration process well on track for completion and positive developments in terms of net new assets and Assets under Management

16 November 2017

EFG International maintains its Milan branch

EFG International is pleased to announce that it will maintain its Italian domestic presence in Milan, following the notification of Banca d'ltalia to remove its restrictive order and to dismiss the administrative proceedings relating to the former BSI offices in Italy, as communicated in May 2017.

14 November 2017

EFG International announces the closing of the acquisition of UBI Banca International (Luxembourg) S.A.

EFG International announces that it has completed the acquisition of the Luxembourg-based private banking activities of UBI Banca International (Luxembourg) S.A. from Unione di Banche Italiane S.p.A., with revenue-generating Assets under Management of approx. EUR 2.4 billion and approx. EUR 1.5 billion of Assets under Custody.

02 November 2017

EFG International announces successful completion of penultimate integration milestone; Giorgio Pradelli, current Deputy CEO and CFO, to succeed CEO Joachim H. Straehle, who retires at year-end 2017

Following the successful completion of the platform migration of the former BSI businesses in Zurich and Geneva onto EFG’s IT platform, EFG International announces the appointment of Giorgio Pradelli as EFG’s new CEO effective 1 January 2018. Joachim H. Straehle has announced his retirement as of end-2017, when the full integration of former BSI into EFG is expected to be completed. Dimitris Politis will succeed Giorgio Pradelli in his role as CFO, and Renato Cohn has been appointed EFG’s future Deputy CEO.

04 October 2017
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