Welcome to the J. Safra Sarasin Group – continuity, solidity, and long-term added value
As an international group committed to sustainability and well established through its banks in more than 25 locations in Europe, Asia, the Middle East and Latin America, J. Safra Sarasin Group is a global symbol of private banking tradition, emphasizing security and well-managed conservative growth for clients.
The J. Safra Sarasin Group is part of the family-owned J. Safra Group, a highly regarded name in global Private Banking with a long and successful history. All the companies in the J. Safra Group are built on strong financial foundations. Family ownership provides the Group and their clients with stability and a consistent long-term approach.
J. Safra Sarasin Group acquires the remaining shares in bank zweiplus ltd
J. Safra Sarasin Group is pleased to announce the acquisition of the minority stake in bank zweiplus ltd from Aabar Trading S.à.r.l, Luxembourg.
With this acquisition, the J. Safra Sarasin Group takes full ownership and becomes the only shareholder of bank zweiplus ltd. bank zweiplus ltd remains a FINMA licensed banking entity and separate business from Bank J. Safra Sarasin Ltd.
bank zweiplus offers trading and custody services and has a sophisticated offering specifically tailored to direct clients and clients of independent asset managers and insurance companies.
Through its cooperation with cash.ch, the most-visited business and finance portal in Switzerland, clients of bank zweiplus have direct access to market information and can trade securities in all major stock exchanges worldwide. In 2021, “cash – banking by bank zweiplus” was voted the number one online broker in Switzerland by SIQT (Schweizer Institut für Qualitätstest).
Daniel Belfer, CEO of Bank J. Safra Sarasin Ltd and Chairman of bank zweiplus ltd:
“The acquisition of the remaining stake in bank zweiplus is a natural development and will allow clients and employees of bank zweiplus to benefit from our commitment to further invest and grow the Bank’s offering and capabilities. We are looking forward to continue building and enhancing future digital platforms for clients and financial intermediaries.”
Financial terms of the transaction are not disclosed.