France’s Indosuez enters new era with Degroof Petercam buy

Its acquisition of the Belgian private bank and asset manager offers Indosuez a chance to bulk up fast in key European markets. Its chief executive Jacques Prost sits down… erm, stands up with Euromoney to discuss the firm’s future.

Jacques Prost strolls into view and stares, unblinking, right down the barrel of the lens. A few seconds pass, then a few more, until it becomes clear he is perfectly happy to think and speak on two legs for the duration of our Zoom call, rather than choosing to rest in a chair on six.

Asked if he always stands up for meetings, he replies, deadpan: “Yes. It’s the best way to stay in good shape.

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