Published 2 months ago

The Andorran bank MoraBanc buys the majority of the Spanish securities company Tressis

Summary by Abc

MoraBanc ha cerrado un acuerdo para la compra de una participación mayoritaria de Tressis, sujeta a autorización por parte de las autoridades regulatorias competentes.La entrada de MoraBanc en el accionariado de Tressis no implicará cambios en el equipo directivo, liderado por José Miguel Maté, que seguirá asumiendo las mismas responsabilidades que hasta ahora y formando parte del accionariado. Igualmente, se mantiene el equipo profesional y la …

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OKDIARIO

The Andorran MoraBanc buys Tressis, the estate manager of the ‘jet set’ Madrid

Andorran bank MoraBanc has reached an agreement to buy a majority stake in private banking boutique Tressis and does not plan to change the management team, both entities said in a joint statement on Wednesday. Both firms attempted the deal in 2015, but the intervention of Andorra Private Bank (BPA) and its Spanish subsidiary, Bank Madrid, implied an informal veto on the entry of new Andorran banks into Spain by the PP government. Now, almost ni…

2 months ago

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