EFG Bank European Financial Group

EFG Bank European Financial Group SA is a bank and financial holding company based in Geneva, Switzerland. It is the controlling shareholder of EFG International, a Swiss private banking and asset management group listed on the SIX Swiss Exchange.

The Latsis family holds a controlling stake in EFG International through the group’s holding structure.[1]

EFG International operates as a Swiss private banking group and has pursued acquisitions as part of its strategy in a consolidating Swiss wealth-management market.[2]

Potential mergers

In 2024, takeover discussions involving Swiss private bank Julius Baer and EFG International were reported. The merger stalled amid regulatory concerns.[3][4]

See also

References

  1. ^ "EFG's Pradelli looks beyond Europe's 'old money'". Euromoney. 2024-03-27. Retrieved 2025-12-15.
  2. ^ "Swiss lender EFG posts 10% rise in net profit, robust inflows". Reuters. 2024-07-24. Retrieved 2025-12-15.
  3. ^ "Julius Baer considering potential takeover of Swiss rival EFG, Bloomberg News reports". Reuters. 2024-05-24. Retrieved 2025-12-15.
  4. ^ "Regulatory concerns stopped Julius Baer, EFG takeover talks, sources say". Reuters. 2024-06-18. Retrieved 2025-12-15.
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