As a result, EFG got permission from Swiss regulators to take over BSI from BTG Pactual at a price below the original 1.33 billion Swiss francs (£916 million) announced in February. According to ...

BTG Pactual and EFG had been in exclusive negotiations over BSI for about a month. Once the transaction is concluded, EFG will become Switzerland's fifth-biggest private bank behind UBS AG ...

SINGAPORE/GENEVA (BLOOMBERG) - Global investigations into a troubled Malaysian state investment fund have cast a deepening shadow over ... to buy BSI, Zurich-based EFG was advised to take its ...

Private bank BSI, which is being acquired by EFG International AG, is challenging a 95 million Swiss franc ($100 million) penalty issued by Switzerland’s financial regulator over the lender’s ...