Santander to Buy Indosuez Wealth Management Business in Miami
March 16 2021 - 8:45AM
Dow Jones News
By Pietro Lombardi
Banco Santander SA said Tuesday that its private-banking unit
will buy $4.3 billion in client assets and liabilities, as well as
related staff, from Indosuez Wealth Management, Credit Agricole
SA's global wealth management unit.
The deal, expected to close by the first half of the year, is
for Indosuez Wealth Management business in Miami.
No financial details were disclosed.
Write to Pietro Lombardi at pietro.lombardi@wsj.com;
@pietrolombard10
(END) Dow Jones Newswires
March 16, 2021 08:30 ET (12:30 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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