LGT buys ABN Amro Asia PB in hunt for scale

The deal will create an entity with $45 billion under management in Asia, but there are obstacles to integrating the businesses, note industry observers.
Will LGT retain all the staff it wants from ABN Amro after the merger?
Will LGT retain all the staff it wants from ABN Amro after the merger?

LGT Bank was confirmed yesterday as the buyer of ABN Amro’s Asian wealth management business – but there is a lot of hard work to come, say sources, pointing to cultural differences between the firms. 

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