Bank J Safra Sarasin (Deutschland), owned by Brazil-headquartered Safra Group, has expanded its presence in the southern region of Germany with the opening of a new office in Stuttgart.

The bank has selected Artur Montanhas, who has worked for the Bank since 2009, to head up the new Stuttgart office. He will also be regional manager for Baden-Württemberg, while Werner Schwenk becomes deputy manager for Stuttgart.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

As a result of the new office, the activities of the Nuremberg office will be transferred to the Stuttgart and Munich offices, effective 30 September 2013, the bank said in a statement.

"With this reorganisation, Bank J. Safra Sarasin is looking forward to strengthening its presence in the southern region of Germany and to continuing its successful growth," the bank said.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.