Banque Cantonale de Genève SA (SWX:BCGE) agreed to acquire Loyal Finance AG on February 21, 2019. To begin with, 60% of the shares are being transferred to Banque Cantonale de Genève SA, with the 40% balance being transferred after a 4-year transition phase. The shareholders and teams involved with Loyal Finance AG will join Banque Cantonale de Genève SA. The transaction is subject to approval from the relevant authorities. Banque Cantonale de Genève SA (SWX:BCGE) cancelled the acquisition of Loyal Finance AG on February 21, 2020.