Swiss bank Vontobel unloads equity brokerage business

The logo of Swiss private bank Vontobel is seen at an office building in Zurich, Switzerland December 9, 2019. REUTERS/Arnd Wiegmann

The transaction with ZKB is due to be completed in the fourth quarter of 2020. Vontobel did not give financial details of the transaction, which impacts about six people at Bank Vontobel Europe AG in London.

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