Australian Bank Buys Asian Wealth Manager, Plans Private Banking Expansion

The Commonwealth Bank of Australia has acquired Swan & Co Wealth Management from Singapore’s Kim Eng Securities. Terms of the deal were not disclosed. The Singapore-based business is four years old....

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By: Paul Das
July 11, 2005
The Commonwealth Bank of Australia has acquired Swan & Co Wealth Management from Singapore’s Kim Eng Securities. Terms of the deal were not disclosed. The Singapore-based business is four years old....