Geneva - April 4, 2025 - A new strategic step for Indosuez Wealth Management: its Swiss subsidiary announces an agreement to acquire Banque Thaler, a recognized independent wealth management player based in Geneva and Zurich. This operation illustrates Indosuez's determination to consolidate its position in one of the world's most demanding and prestigious markets.
"This acquisition strengthens our position in Switzerland, the global heart of wealth management, and illustrates our determination to provide our customers with solutions that are increasingly tailored to their needs", emphasizes Jacques Prost, Chief Executive Officer of Indosuez Wealth Management.
Founded in 1982 and based in Geneva and Zurich, Banque Thaler is renowned for its tailor-made approach to wealth management and its expertise in fund selection, particularly in private equity. The merger will give customers of both establishments greater access to the Crédit Agricole Group's expertise in financing, corporate finance, fund servicing and asset management.
"Indosuez is a natural partner for Banque Thaler: we share the same demand for quality and the same entrepreneurial spirit. This is a great opportunity for our customers and our teams", says Dirk Eelbode, Chief Executive Officer of Banque Thaler.
"This merger will increase our assets under management in Switzerland to almost €50 billion. This is an important milestone in our roadmap," adds Marc-André Poirier, Managing Director of Indosuez in Switzerland.
Banque Thaler brings strong expertise in active allocation and hedge fund management, a strategic complement for Indosuez. The transaction also marks a concrete response to the current challenges facing the industry: the search for critical mass, service excellence and internationalization of the offering. The expected synergies are commercial, human and technological.
Subject to the approval of the supervisory authorities, the transaction is expected to be completed in the second half of 2025, bringing Indosuez Wealth Management's total assets to around 220 billion euros.
Read the official press release
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