Aargauische Kantonalbank Successfully Completes Sale of AKB Privatbank Zürich AG

Aargauische Kantonalbank, the cantonal bank of the Swiss Canton of Aargau, successfully closed the sale of its private banking subsidiary AKB Privatbank Zürich AG to Privatbank IHAG Zürich AG on 29 November 2013.

Bär & Karrer acted as legal advisor to Aargauische Kantonalbank in the transaction. The team included Peter Hsu, Eric Stupp, Daniel Flühmann and Daniel Hulmann.