spot_img
Monday, September 26, 2022
spot_img

Deloitte advises Banco Alcalá on GBS Finanzas acquisition

Deloitte Legal has advised Banco Alcalá, Crèdit Andorrà's private banking entity, on the acquisition of the company GBS FINANZAS INVESTCAPITAL, a securities agency specialising in advising high net worth clients and family offices

-

Creand Wealth Management (Banco Alcalá, S.A.), the private banking entity of the Crèdit Andorrà Group, has formalised the purchase of the high net worth and family office advisory business of GBS Finance, the securities agency of GBS Finance specialising in advising high net worth and family office clients. The purchase has been made after obtaining approval from the relevant regulatory bodies.

Once the transaction is completed, Creand Wealth Management will progressively integrate the business of GBS Finance Investcapital A.V. into a new family office area to be created by the bank, with the aim of “maintaining the focus on providing a comprehensive service to clients, close and aligned with their needs and interests.”

This operation is part of the Crèdit Andorrà Group’s strategy of consolidation and organic and inorganic growth in Spain, and the development of strategic alliances with benchmark institutions to extend the value offer to the client.

Deloitte Legal advised Banco Alcalá with a team led by partner and head of Banking and Finance Ignacio Echenagusia, Tax partner Ignacio García Alonso, Financial Services Industry (FSI) Regulatory & Compliance director Leovigildo Domene Velázquez de Castro. The deal also counted on the participation of lawyers Bernabé de Marcelino, Alexandra Hernández M., Fernando Hernando Sastre, Alejandro Espín and Andrea Sánchez González.

MOST READ NEWS

Vicente López-Ibor Mayor, Top Energy Lawyers Tribute `HONOUR AWARD´ 2022

Legal Dealmaker is happy and proud to announce that Vicente López-Ibor Mayor, President of the European Federation of Energy Law Associations (EFELA) and President...

RyC secures art restitution seized in Civil War

A Ramón y Cajal Abogados´ Art Law, led by partners Rafael Mateu de Ros and Patricia Fernández Lorenzo, succeeded in getting the Ministry of...

Legal Dealmaker hosts a unique event that gathers more than 60 top Energy lawyers

With this event, Legal Dealmaker recognised the enormous talent and practice excellence in the Legal-Energy sector in Spain, after this media selection `Top 100...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
error: