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Geneva’s Bank Syz Seeking Acquisitions May Target Coutts Assets

Banque Syz & Co. SA, the Geneva private bank and asset manager, may add assets of Coutts to a list of acquisition targets in Europe, owner and co-founder Eric Syz said.

“We might be one of the contenders for part of Coutts, but it depends how it’s sliced and diced,” Syz, 56, said in an interview at the firm’s offices yesterday. “Nobody’s seen the details of what’s for sale, or whether they might sell it in tranches to different buyers.”