7 March 2017

Keytrade Bank SA merges with Arkéa Direct Bank SA



After having assisted French banking group Crédit Mutuel Arkéa in relation to its acquisition of all of Belgian online banking leader Keytrade Bank’s activities, including in Switzerland, which became effective in June 2016, Walder Wyss Ltd. assisted Crédit Mutuel Arkéa in relation to the merger by absorption of Keytrade Bank SA, Brussels (seat of the Swiss registered and FINMA licenced branch STRATEO) by Arkéa Direct Bank SA (previously Fortuneo SA), which became effective on 3 November 2016. Further to the merger, Arkéa Direct Bank SA became the new seat of STRATEO, Geneva, Branch of Arkéa Direct Bank SA Puteaux (Paris), a FINMA licenced Swiss branch of a foreign bank and securities dealer.

The team was led by Luc Defferrard (Partner, Corporate/M&A and Banking & Finance) and Thomas Müller (Partner, Banking & Finance) and further included Tervel Stoyanov (Associate, Banking & Finance) and Simona Müller (Associate, Banking & Finance).

News

News

7 March 2017

Keytrade Bank SA merges with Arkéa Direct Bank SA

After having assisted French banking group Crédit Mutuel Arkéa in relation to its acquisition of all of Belgian online banking leader Keytrade Bank’s activities, including in Switzerland, which became effective in June 2016, Walder Wyss Ltd. assisted Crédit Mutuel Arkéa in relation to the merger by absorption of Keytrade Bank SA, Brussels (seat of the Swiss registered and FINMA licenced branch STRATEO) by Arkéa Direct Bank SA (previously Fortuneo SA), which became effective on 3 November 2016. Further to the merger, Arkéa Direct Bank SA became the new seat of STRATEO, Geneva, Branch of Arkéa Direct Bank SA Puteaux (Paris), a FINMA licenced Swiss branch of a foreign bank and securities dealer.

The team was led by Luc Defferrard (Partner, Corporate/M&A and Banking & Finance) and Thomas Müller (Partner, Banking & Finance) and further included Tervel Stoyanov (Associate, Banking & Finance) and Simona Müller (Associate, Banking & Finance).