Source: Date: Updated: |
TheBahamasInvestor.com
Monday, August 15, 2016 Monday, August 15, 2016 |
Deltec International Group has announced that its private banking subsidiary has signed an agreement with Societe Generale Private Banking to acquire its private banking activity in The Bahamas.
This acquisition marks a significant milestone in the implementation of Deltec’s ongoing global diversification strategy; a strategy firmly anchored by its private banking presence in The Bahamas.
Subject to the approval of the regulatory authorities, the transaction is expected to be finalized in the coming months.