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FNZ considers sale of FNZ Bank Deutschland- report
Yahoo Finance· 2025-11-26 11:37
FNZ Group is considering selling its German custody banking subsidiary, FNZ Bank Deutschland, for up to €500m ($579m), reported Bloomberg, citing sources familiar with the matter. The London-based digital wealth management firm has engaged advisers to explore a potential sale, though discussions remain at an early stage. FNZ acquired the German business, previously known as ebase, from Commerzbank in 2019 for €154m ($178m). The subsidiary provides platform services, including asset custody, to insurers, ...