LBT Holdings Ltd., in partnership with Gonet SA, is pleased to announce the successful acquisition of Gonet Bank & Trust Limited, a distinguished Bahamas-based private bank formerly owned by Gonet SA. The transaction, which has received full regulatory approval from the Swiss Financial Market Supervisory Authority (FINMA), the Central Bank of The Bahamas (CBOB), and The Securities Commission of The Bahamas (SCB), marks a significant milestone for both organizations.
Effective immediately, LBT Holdings Ltd. assumes 100% ownership of Gonet Bank & Trust Limited. As part of this strategic transition, Gonet Bank & Trust Limited will be rebranded as Bank of Nassau 1982 Limited, reflecting its renewed vision and commitment to excellence in private banking and wealth management.
This acquisition strengthens the position of all parties in the global financial services sector, enabling expanded service offerings while upholding the highest standards of client-centric banking. Bank of Nassau 1982 Limited will maintain its valued partnership with Gonet & Cie SA, a Switzerland-based subsidiary of Gonet SA, ensuring seamless continuity of existing banking services for clients worldwide.
Leadership continuity is a cornerstone of this transition, with Jonathan Cartwright remaining as Chief Executive Officer and Patrick Guye-Bergeret continuing as Head of Private Banking. Their expertise will guide Bank of Nassau 1982 Limited into its next chapter of growth and innovation.
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