CBH takes over Schroders’ Eastern European private banking business

Schroder & Co Bank AG (Schroders) and the Bank CBH Compagnie Bancaire Helvétique SA (CBH) are today announcing that they have reached an agreement for CBH to takeover Schroders’ Eastern European private banking business and its relationship management team. The closing of the transaction is expected during the fourth quarter of 2018 and is subject to the relevant regulatory approval.