EFG Bank European Financial Group

Last updated
EFG Bank European Financial Group Logo Logo-efg-footer.svg
EFG Bank European Financial Group Logo

EFG Bank European Financial Group SA is a bank and financial holding company based in Geneva, Switzerland. It is the controlling shareholder of EFG International, a Swiss private banking and asset management group listed on the SIX Swiss Exchange.

Contents

The Latsis family holds a controlling stake in EFG International through the group’s holding structure. [1]

EFG International operates as a Swiss private banking group and has pursued acquisitions as part of its strategy in a consolidating Swiss wealth-management market. [2]

Potential mergers

In 2024, takeover discussions involving Swiss private bank Julius Baer and EFG International were reported. The merger stalled amid regulatory concerns. [3] [4]

See also

References

  1. ↑ "EFG's Pradelli looks beyond Europe's 'old money'". Euromoney. 2024-03-27. Retrieved 2025-12-15.
  2. ↑ "Swiss lender EFG posts 10% rise in net profit, robust inflows". Reuters. 2024-07-24. Retrieved 2025-12-15.
  3. ↑ "Julius Baer considering potential takeover of Swiss rival EFG, Bloomberg News reports". Reuters. 2024-05-24. Retrieved 2025-12-15.
  4. ↑ "Regulatory concerns stopped Julius Baer, EFG takeover talks, sources say". Reuters. 2024-06-18. Retrieved 2025-12-15.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.