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Bär & Karrer Ltd.

Work +41 58 261 50 00
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Geneva, Lugano, Zug, Zurich

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29 February 2008 - Standard Chartered Bank acquires American Express Bank Ltd.

September 2008

Bär & Karrer AG advised Standard Chartered Bank on Swiss regulatory and corporate law matters in connection with its acquisition of American Express Bank Ltd. from American Express Company for approximately USD 860 million.

The transaction was announced on 18 September 2007, and completed on 29 February 2008. American Express Bank Ltd. is active in Switzerland through its subsidiary American Express Bank (Switzerland) SA, domiciled in Geneva. The Bär & Karrer team included partner Eric Stupp and associates Peter Hsu and Tamer Dürr. Slaughter and May, London and Hong Kong, working as an integrated team with Sullivan & Cromwell, acted as global counsel to Standard Chartered Bank.

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