Deal adds over 600 employees and 6,000 clients to the Apex Group across multiple markets.
The deal adds a further $40 billion in assets under administration (AuA) to Apex’s portfolio, taking it to a total AuA to $650 billion globally.
Deutsche Bank and Commerzbank both released statements over the weekend confirming that talks about being held to explore a potential merger.
Revenues for the technology giant more than doubled and reached nearly $3.5 billion for the end of 2018.
Apex will take its assets under administration to $600 billion after the acquisitions of the corporate services business from Link Group’s Asset Services