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Irish Bank's Swiss Sub on the Block

Christopher Owen

9 October 2007

Julius Baer and EFG, with HSBC Switzerland, are quoted as being among the potential buyers of Geneva-based Anglo Irish Bank (Suisse). According to the Agefi news service, neither the Geneva management, nor its Irish parent, denied that the Swiss subsidiary of Anglo Irish Bank was for sale. Specialising in wealth management, Anglo Irish Bank (Suisse) was formed with the purchase of Marcuard Cook & Co in 2001 and has SFr2.2 billion ($1.85 billion) of assets under management.