The transaction was completed earlier this month.
Christian Büsel, Head of Private Banking at EFG in Jersey, said: “We are delighted to welcome Bank Leumi (Jersey) Limited’s clients and look forward to a long and successful relationship with them. The successful completion of the transaction owed much to the co-operation between the two institutions to ensure that the transition was smooth and trouble-free for clients.”
EFG International is a global private banking group offering private banking and asset management services, headquartered in Zurich.