Financial Times FT.com

Kleinwort looks to Asia after Belgian buy-out

By Steve Johnson

Published: October 25 2009 10:52 | Last updated: October 25 2009 10:52

Kleinwort Benson, the UK-based private bank which boasts roots stretching back to the 1850s, plans to launch a foray into Asia following the completion of its acquisition by RHJ International, a Belgian buy-out fund.

In his first interview since the £225m ($373m, €248m) deal was unveiled 10 days ago, Rob Taylor, chief executive of Kleinwort Benson, says the barriers that had constrained the wealth manager’s international expansion would now be removed.

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