October 5, 2020
Fideuram - Intesa Sanpaolo Private Banking and REYL & Cie SA: strategic partnership for Switzerland
Milan, Geneva, 5 October 2020
– Fideuram - Intesa Sanpaolo Private Banking, the private bank division of the Intesa Sanpaolo Group and REYL & Cie SA (REYL), an independent and diversified banking group headquartered in Geneva, announce they have agreed on the terms of a strategic partnership by which Fideuram - Intesa Sanpaolo Private Banking will acquire a 69% interest in REYL and will contribute to REYL its wholly-owned Swiss bank subsidiary Intesa Sanpaolo Private Bank (Suisse) Morval.
Press release attached.