EFG International enters into an agreement to transfer its Ticino-based retail business to BancaStato

EFG International is today announcing that it has agreed to transfer its Ticino-based retail business lines, with around CHF 1.2 billion of client assets, to Banca dello Stato del Cantone Ticino (BancaStato). The two parties are also committed to exploring further areas of collaboration in Ticino in the future.