Credit Agricole’s Indosuez WM to buy Banca Leonardo

On Tuesday, November 7, Indosuez Wealth Management, the global wealth management brand of Crédit Agricole Group, announced that its subsidiary CA Indosuez Wealth (Europe) has signed an agreement with GBH SpA, Exor SA, Eurazeo SA, Swilux SA, and Torreal SA, the main shareholders of Banca Leonardo, to acquire 67.67 percent of Banca Leonardo, a leading wealth manager in Italy. CA Indosuez Wealth (Europe) will offer the other shareholders of Banca Leonardo to purchase their shares at the same price and conditions, so that CA Indosuez Wealth (Europe) may ultimately own … Continue reading Credit Agricole’s Indosuez WM to buy Banca Leonardo