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Interview Tip
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Swiss Bank Sarasin eyes majority interest in NZB Neue Zuercher Bank(04 Nov 2009 10:23:00 EST)4 November 2009 - Swiss private lender Bank Sarasin said on Tuesday it intends to build up its current 40% stake in local NZB Neue Zuercher Bank to the 51%-60% range thus gaining a majority interest. The financial parameters of the deal, which is pending shareholder and regulator approval, were not disclosed.
