VP Bank (Luxembourg) S.A. and VPB Finance S.A. agreed to acquire HSBC Trinkaus & Burkhardt (International) S.A. and HSBC Trinkaus Investment Managers SA from HSBC Trinkaus & Burkhardt AG (DB:TUB) on July 14, 2013. The private bank business operated by HSBC Trinkaus & Burkhardt (International) S.A. will be acquired by VP Bank (Luxembourg) SA and fund management business operated by HSBC Trinkaus Investment Managers SA will be acquired by VPB Finance SA. 25 employees currently employed by HSBC Trinkaus & Burkhardt (International) will be transferred to VP Bank as part of the deal which is expected to close by fourth quarter of 2013. Wolfgang Sturm, Manfred Müller, Hermann Beythan, Guido De Wit, Thomas Elser, Patrick Geortay, Nicki Kayser, Guy Loesch, Jean-Paul Spang, Olivier Van Ermengem, Jann Jetter, Antje-Irina Kurz, Janine Biver, Audrey Bertolotti, Catherine Graff, Pol Thielen, Danièle Buchler, Raphaëlle Carpentier, Ricarda Grzeschik, Thorsten Henze, Karin Hribar, Clara Sikorski, Minh-Xuan Nguyen, Aedamar Comiskey, Trevor Clark, Satindar Dogra and Anurag Verma of Linklaters Oppenhoff & Rädler acted as legal advisors for HSBC Trinkaus & Burkhardt AG. Andre Marc, Arne Bolch and Serge Hoffman of Allen & Overy Luxembourg acted as legal advisors for VP Bank (Luxembourg) S.A. and VPB Finance S.A. PwC PricewaterhouseCoopers AG acted as financial advisor to HSBC Trinkaus & Burkhardt AG.

VP Bank (Luxembourg) S.A. and VPB Finance S.A. completed the acquisition of HSBC Trinkaus & Burkhardt (International) S.A. and HSBC Trinkaus Investment Managers SA from HSBC Trinkaus & Burkhardt AG (DB:TUB) for CHF 6.5 million in late 2013.