Societe Generale rebrands private banking division following Kleinwort Benson acquisition

Combined business to be called Kleinwort Hambros

Jayna Rana
clock • 2 min read

Societe Generale has launched Kleinwort Hambros, the new brand name for its private banking business following the acquisition of Kleinwort Benson.

Kleinwort Hambros is the combined businesses of Societe Generale Private Banking Hambros and Kleinwort Benson, which was purchased by Societe Generale in June. The combined wealth management business will have £16bn under management, with offices across the UK, Jersey, Guernsey and Gibraltar. The merger took place in order to consolidate Societe Generale's private banking activities in the UK, Channel Islands and Gibraltar, and the group specifically identified Kleinwort Benson for its shared heritage and values. Eric Barnett, CEO of Kleinwort Hambros, said: "This is another signif...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: How effective are impact investments?

Partner Insight: How effective are impact investments?

Impact investing has transformed over the past decade, giving investors the opportunity to pursue both financial returns and social and environmental outcomes.

Sarka Halas
clock 27 March 2024 • 2 min read
Partner Insight: High-yield investors should keep a close eye on the default cycle

Partner Insight: High-yield investors should keep a close eye on the default cycle

As central banks start to think about cutting interest rates, forecasts for a peak in credit default rates are not far behind — and could happen sooner than expected, says Wellington Management’s Alex King.

Sarka Halas
clock 27 March 2024 • 2 min read
Partner Insight: Navigating a new era for investing

Partner Insight: Navigating a new era for investing

Across the developed world, inflation is back and here to stay, says Wellington Management’s John Butler.

Sarka Halas
clock 13 March 2024 • 2 min read
Trustpilot