Expansion of Liechtenstein Bank LGT into Germany: New Branches in Düsseldorf and Cologne

2023-06-26 09:20:13

The Vaduz establishment plans to open a branch in Düsseldorf and another in Cologne at the beginning of next year.

The Liechtenstein bank LGT, owned by the princely family, wants to develop its presence across the Rhine. The Vaduz establishment plans to open a branch in Düsseldorf and another in Cologne at the beginning of next year.

A team of fifteen people will manage the activities of the private bank in the Land of North Rhine-Westphalia. LGT already has a first office in Hamburg, it said in a statement on Monday. The activities in Germany are managed by Florian Dürselen.

“The good start of our branch in Hamburg has shown that the private banking activity has great potential in Germany,” said Mr. Dürselen, also a member of the management.

LGT offers its German clients classic wealth management and investment advice services, but also international real estate financing, impact investing, alternative investments, investments in unlisted companies and advice. in philanthropy.

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