September 19, 2012
Safra is set to control 90.47% percent of Swiss private bank Sarasin follow
Safra is set to control 90.47% percent of Swiss private bank Sarasin following an offer to minority shareholders, it says. The bank has also extended the offer to October 5 in the hope of getting additional acceptance. Safra bought a controlling stake in the Swiss private bank from Dutch cooperative Rabobank last year.