ZURICH, Feb 9 (Reuters) - Swiss banks Raiffeisen and Vontobel said on Tuesday they had reached a new cooperation agreement beyond the current partnership which is set to expire in June 2017. “The new arrangements relate to collaboration in the areas of investment products and securities settlement, and will run through to the end of 2020 at least,” the two banks said in a statement. (Reporting by Joshua Franklin; Editing by Michael Shields)
banks and partners have extended their cooperation agreement beyond the current partnership which was due to expire in early 2017 ; it will now continue until the end of 2018 at least . The new arrangements now include collaboration in areas of investment banking and securities settlement .