the J Safra Sarasin Group has taken full ownership and is the only shareholder of bank zweiplus ltd.

Bank J Safra Sarasin Group has bought a minority stake in bank zweiplus ltd from Aabar Trading Sàrl, Luxembourg, for an undisclosed sum. 

With this acquisition, the J Safra Sarasin Group is taking full ownership and is the only shareholder of bank zweiplus ltd. The bank will remain a FINMA-licensed banking entity and separate business from Bank J Safra Sarasin Ltd. 

bank zweiplus, which offers trading and custody services, 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.

“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,” Daniel Belfer, CEO of Bank J Safra Sarasin Ltd and chairman of bank zweiplus ltd, said.