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EFG International CEO Joachim Strähle confirmed that Banca della Svizzera Italiana (BSI) will continue to operate as a brand post-merger, with a focus on the Lugano office. While BSI's retail activities will be maintained, the emphasis remains on private banking. The merger is expected to save CHF 185 million, primarily in IT, despite an anticipated client fund outflow of 5 to 10 percent.
Joachim Strähle
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efg to maintain bsi brand and focus on lugano office after merger
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Banca della Svizzera Italiana
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Joachim Strähle
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19:10 08.11.2024
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