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Seven months after it was announced that Gonet and One Swiss Bank were to merge, as reported by Citywire Switzerland, Finma has finally authorised the deal.
The merger, which saw Gonet buy a majority stake in One Swiss Bank, has been given retroactive effect from 1 January 2025.
The newly created entity operates under the single Gonet brand, led by CEO Jean-René Lepezel, within the Arab Bank Switzerland Group.
