Crestone locks in partners, CBA, UBS, Northern Trust and Credit Suisse
Crestone, which is acquiring UBS Wealth Management in Australia, has partnered with firms including Commonwealth Bank of Australia, UBS, platform provider Avaloq, and Credit Suisse ahead of its start date next year.
Crestone is understood to have put in place a commercial arrangement with CBA for services including transaction banking and foreign currency trade execution. UBS will provide global equites research, execution services, and access to capital markets offers.
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