Compagnie Financière Richelieu is born with ex-KBL branches merger

KBL Private Bankers’ former subsidiaries Banque Richelieu France, Banque Richelieu Monaco and Richelieu Gestion have received regulatory approval to launch the new private banking and asset manager Compagnie Financière Richelieu.

The Compagnie Financière Richelieu, chaired by Antoun Sehnaoui and with Philippe de Fontaine Vive as its managing director, will lead the new private banking and asset management platform, while consolidating the position of each of these entities, also enabling them to be in line with a long-term development.

Banque Richelieu France – formerly KBL Richelieu Banque Privée – has always assisted its clients by offering them a comprehensive tracking of their assets, tailored investment solutions as well as financing options.

Banque Richelieu Monaco – formerly KBL Monaco Private Bankers – is known for providing its international clientele tailored and exclusive financial services.

Richelieu Gestion (formerly KBL Richelieu Gestion) has been building a portfolio of distinctive funds with historic expertise in stock-picking and a conviction based management.

Mr Antoun Sehnaoui, said: “This operation represents a great opportunity to build a major international banking platform. We are able to fulfill our clients’ ambitions by offering them flexible and resourceful solutions. We carry out our work with dedication, passion and stringency.”

ABOUT THE AUTHOR
Eugenia Jimenez
Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as assisting with coverage of Italy. She holds a UK NCTJ- accredited Multimedia News Reporting course and studied Journalism at the University of Sevilla. She has worked for local media organisations in Sevilla and Málaga, mainly in broadcasting as a news reporter, among other roles. She has also worked for a local newspaper in Sevilla, reporting on current affairs, local government and culture.

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