BS Sports & Entertainment, a unit of
Spanish bank Banco Sabadell (BS), is to provide asset management
advice to top sports people and entertainers in an agreement with
international agency IMG.
BS Sports & Entertainment director Ferran
Martínez said the agreement will enable BS to continue to grow and
consolidate its private banking services for sportspeople in
Spain.
Go deeper with GlobalData
According to a
PBI special report on sports pros and entertainers,
salaries of sportspeople have grown at a compound rate of 8 percent
a year for the last 40 years making it a fast-growing and virtually
recession-proof segment.
BS Sports & Entertainment and IMG between
them manage a total of 1,500 sportspeople and celebrities.
BS Sports & Entertainment is a business
unit created by Banco Sabadell in 2007. It specialises in offering
advice and private banking financial services and asset management
to top athletes and entertainers.
Banco Urquijo, a subsidiary of Barcelona-based
Banco Sabadell, is estimated to have the fifth-largest private
banking operation in Spain.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
