The Liechtenstein private bank, LGT, continues to expand its presence in the German market with the opening of a new location in Frankfurt am Main, according to a recent media release. This marks the fourth German location for the internationally active private bank, following the opening of branches in Hamburg in the fall of 2022, and in Düsseldorf and Cologne in January 2024.
Florian Dürselen, a member of the executive board and head of private banking at LGT Bank, emphasized the significance of Frankfurt as one of Europe’s leading financial centers. He noted that the city is not only interesting for the financial industry, but also for wealthy and demanding private banking clients.
Looking ahead, the bank’s focus is now on expanding in Southern Germany and developing its headquarters in Munich. This strategic move underlines LGT’s commitment to strengthening its presence in key financial hubs and serving its high-end clientele more effectively.
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| Information | Details |
|---|---|
| Geography | Europe |
| Countries | 🇩🇪 🇱🇮 |
| Sentiment | neutral |
| Relevance Score | 1 |
| People | Florian Dürselen |
| Companies | LGT Bank, finews.ch |
| Currencies | None |
| Securities | None |
