MEDIA RELEASE
Falcon statement on media speculation
Zurich, April 29, 2020
The Board of Directors and the Executive Committee of Falcon Private Bank are evaluating a number of options, in consultation with Aabar, the Bank’s shareholder. One of those options includes exiting the private banking business.
All options are being considered in a controlled and orderly process, in order to protect the interests of all stakeholders.
Falcon will make further announcements as appropriate.
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