Anglo Irish Bank sells Austrian private banking subsidiary to Swiss group
Sep 5th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Anglo Irish Bank today announced that it has agreed to sell its Austrian private banking subsidiary, Anglo Irish Bank (Austria) AG, to Valartis Group AG, a listed Swiss banking group with international wealth management and asset management as well as investment banking activities. Subject to regulatory approval, the sale is expected to complete within three months.