May 3rd 2011- Press Release
Transcription
May 3rd 2011- Press Release
Quilvest Press Release On May 3, 2011, the Quilvest Group has merged its two wealth management units with Compagnie de Banque Privée Quilvest S.A. (formerly named Compagnie de Banque Privée), a Luxembourg based private bank (“CBP”). All three banks are now 100% owned by the newly created holding company named Quilvest Wealth Management S.A. (“QWM”). QWM is owned 66.3% by the Quilvest Group and 33.7% by former CBP shareholders. This merger confirms the Quilvest Group commitment to the wealth management business with a particular focus on the Multi Family Office and Private Banking segments. Following the merger, the Quilvest Group will have around $16B under management, close to 400 employees and 11 offices in 9 countries.