SG Hambros completes purchase of ABN Amro Private Banking Gibraltar

The agreement was made official on 26 June 2008 and became effective on 12 September. SG Hambros says the acquisition confirms its commitment to investing in Gibraltar and strengthens its position as a market leader in the Gibraltar private banking and wealth management business. The transaction follows the bank’s acquisition of ABN Amro bank’s London-based private banking business in December 2007. SG Hambros Bank’s acquisition programme supports SG Private Banking’s global strategy to increase its presence in key established areas. SG Private Banking is the wealth management arm o...