Slaughter and May is advising Oddo & Cie - disposal of Kleinwort Benson wealth management business

Slaughter and May is advising Oddo & Cie, which recently acquired BHF Kleinwort Benson Group, on the disposal of the Kleinwort Benson wealth management business in the UK and Channel Islands to Société Générale.

Subject to regulatory approvals, Kleinwort Benson will be combined with Société Générale Private Banking Hambros to create one of the leading private banks in the UK.