BNP Paribas Private Bank links to create Anglo-Dutch wealth manager

Insinger de Beaufort Holdings will continue to hold the remaining capital of the combined group. Liquidity mechanisms are in place for 2013, which will then allow Insinger to sell its stake in the new group.

On the closing of the transaction, which is expected in early 2009, the new group will manage over €10 billion of client assets, and employ some 250 staff. Headquartered in Amsterdam, the group will have branches in The Hague and Eindhoven for the Dutch private banking market and asset

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