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Europe Daily Bulletin No. 7975

1 June 2001
Contents Publication in full By article 30 / 35
ECONOMIC INTERPENETRATION / (eu) banks

The Swiss bank CORNER BCA (net profits CHF 74.4 million with own funds of CHF 440.6 million), which provides private banking services, has acquired 55% of the Italian UNIPROF SIM (net profits of EUR 2.9 million with EUR 240 million in managed assets in 2000), with a purchase option on another 25%. The amount of the acquisition was not revealed.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION