- Indication: More information regarding this press release is available as pdf at http://www.presseportal.ch/de/pm/100009387/ - St. Gallen (ots) - Wegelin & Co. Private Bankers have elected three new Managing Partners with unlimited liability and for the first time in the history of the bank have also elected seven Partners with limited ...
Geneva/Dubai (ots) - Mirabaud has been granted approval by the authorities of the Dubai International Financial Centre (DIFC) on 30 May 2007 to establish a company providing wealth and asset management for private clients in Dubai. Mirabaud is the only bank to adopt a business model where an asset management company works in partnership with several custodians. The new company bears the name Mirabaud (Middle East) ...
- Information: Pictures can be downloaded on: http://www.presseportal.ch/fr/story.htx?firmaid=100008849 - Zurich (ots) - With the approach of this year's exciting GE Money Bank Beach Soccer Tour, GE Money Bank is reinforcing its sponsoring commitment towards the up-and-coming sport of beach soccer. The 2007 GE Money Bank Beach Soccer Tour will take place in ...
Effective immediately, e-banking clients of Raiffeisen Schweiz can now receive and pay their bills electronically. The third-largest banking group in Switzerland, with more than 400 banks, has joined the PayNet network for electronic bills. Under the "e-bill" menu item, all private customers can register in the e-banking system of their Raiffeisen bank for the free ...
Zurich/Hamburg (ots) - Clariden Leu AG has acquired a 9.96 percent stake in Nordaktienbank AG, Hamburg, thus becoming a minority shareholder in this company specializing in asset management. The purchase price is subject to a confidentiality agreement. Nordaktienbank AG is a specialist asset management company based in Hamburg. Nordaktienbank has provided a ...
Zurich (ots) - HSBC Guyerzeller Bank AG, a Swiss private bank with offices in Zurich, Geneva, Istanbul and Hong Kong, has produced record figures for 2006. Gross earnings were up by almost a third at CHF 82.2 million, and net profit reached a record CHF 72.8 million. The bank remains confident for 2007. HSBC Guyerzeller Bank recorded excellent results for 2006, following an already good year in 2005. Gross earnings ...
Zurich (ots) - From 1 April 2007, the PayNet (Schweiz) AG, active in the field of electronic invoice and payment systems, now trades under the name of Telekurs PayNet Ltd. With «PayNet», Telekurs PayNet operates the leading Swiss network for processing electronic invoices. With the name change, the wholly owned subsidiary of Telekurs Holding Ltd. founded in 2000 documents its association with the Telekurs Group. The ...
Lugano (ots) - In 2006 Banca del Gottardo's consolidated net income increased by 17% to CHF 97 million. The Bank's reorientation had an overall neutral impact on net profit: the sale of non-core businesses resulted in capital gains, but these were offset by substantial extraordinary charges. Operating expenses were reduced in 2006 and the cost/income ratio was maintained at the level of the previous year. After ...
Zurich (ots) - The Clariden Leu merger was completed on January 26, 2007. The merger, which is effective retroactive to January 1, 2007, combines the experience, expertise and products of Credit Suisse independent private banking subsidiaries Clariden, Leu, Hofmann, BGP Banca di Gestione Patrimoniale and securities dealer Credit Suisse Fides under one roof. Clariden Leu is one of the five largest providers in the Swiss private banking industry. Credit Suisse announced ...
The IFBC study on value creation in the Swiss banking industry highlights the importance of keeping shareholders well informed Zurich (ots) - Good corporate governance and a high level of transparency are conducive to the sustainable increase of a company's value. This also applies in the case of Swiss banks, as demonstrated in "Wertschaffung in der Schweizer Bankenbranche" (Value Creation in Swiss Banking Industry), ...
Zurich (ots) - Finter Bank Zürich is pleased to announce the incorporation of the subsidiary FinterLife Life Insurance Ltd. in Vaduz as per August 11, 2006. FinterLife is a joint-venture between Finter Bank Zürich (90%) and Valorlife/Vaudoise Insurance (10%). The registered office is in Vaduz, Heiligkreuz 43. Mr. Vincenzo Di Pierri is Chairman. The further ...
Frankfurt am Main / Zurich (ots) - Deutsche Bank Private Wealth Management today announced the appointment of Rudy Suter as Managing Director and Head of Financial Intermediaries with effect from 1 October. In his new role, he will be responsible for structuring, bundling and developing Private Wealth Management ...
Zurich/Pfaeffikon SZ (ots) - Horizon21 and Swiss Re intend to combine their private equity fund of funds businesses to satisfy increased client demand for investment solutions from an integrated alternative investment specialist. Swiss Re would contribute its private equity fund of funds business with 3.1 ...
Lugano (ots) - Following completion of the transformation phase, Banca del Gottardo will streamline its Executive Board. The activities of the organisational unit in charge of the strategic reorientation will be integrated into the various management lines. There will be a high-level change in the Asset management and Trading area. Following completion of the transformation phase, Banca del Gottardo will be ...
Frankfurt am Main/Zurich (ots) - Deutsche Bank Private Wealth Management today announced the appointment of Hannes Oelschlegel as Managing Director and Head of Private Wealth Management Central & Eastern Europe and Turkey with effect from 1 September. In his new role, he will be responsible for further developing ...
Lombard International Assurance S. A. Lo
Zurich (ots) - Lombard establishes an office in Zurich and plans to add another office in Geneva. It is authorised under the new Swiss insurance law, which came into effect at the beginning of 2006 and will offer its "privatbancassurance" concept to the international clients of Swiss private banks and asset managers. Martin Naville, CEO of the Swiss-American Chamber of Commerce, has joined the board of Lombard. ...
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. 15.08.2006 Valiant Holding enjoyed a good first half of 2006, with gross operating income, gross profit and group profit all exceeding levels reached in the first half of 2005. This positive ...
Lugano (ots) - Banca del Gottardo increased its first-half net profit 2006 over the same period last year to CHF 83 million. Excluding capital gains realised from the sale of companies no longer part of the bank's core business and exceptional expenses arising from its repositioning, net profit was CHF 51 million. In comparison, net profit in the first half of 2005 was CHF 44 million. Net new asset growth in private ...
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. 28.07.2006 CHF 14.2 million net profit in the first six months - positive trend in commissions, difficult environment for securities trading For the first six months of 2006 OZ Group reports a ...
Zurich (ots) - HSBC Guyerzeller Bank is to get a new Chief Executive Officer. The change in the top operational management of the long-established private bank was prompted by the ill health of the present CEO, Ilan Hayim. Heinrich Baumann, the current Chief Operating Officer and Deputy CEO, will take the helm at the bank on 11 July 2006. Ilan Hayim will withdraw from his operational duties at HSBC Guyerzeller Bank and will in future serve as Vice Chairman on the Board of ...
Erlen (ots) - The majority shareholding in the Lista Workspace and Storage Systems group of companies (Lista B+L), which generated revenues of more than CHF 220 million in 2005, is being sold to private equity company Capvis. The parties involved have agreed not to disclose the price of the sale. This transaction marks a successful conclusion to the repositioning and succession planning initiated 18 months ago with the ...
Zurich/Geneva (ots) - HSBC Guyerzeller Bank AG and HSBC Private Bank (Suisse) SA will join their capabilities in the "Trust" and "Fiduciary Services" domains into a new specialised entity named HSBC Guyerzeller Trust Company AG. It is HSBC Group's clear intention to become one of the foremost providers in this field in Switzerland. HSBC Guyerzeller Bank's Konrad K. Häuptli has been appointed CEO of the new Trust ...
Zurich (ots) - In its ongoing dynamic development, the Jelmoli Group has set a strategic marker in the field of financial services. We would thus like to invite you to a media briefing on: Thursday, July 6, 2006, 10.30 a.m. Zurich Park Hyatt Hotel Beethoven-Strasse 21, 8002 Zurich Gustav Stenbolt, Chairman of the Executive Committee of Jelmoli Holding AG, and other representatives of the company will ...
Pfaeffikon SZ (ots) - Horizon21 Wealth Management Holding, a subsidiary of Horizon21 Holding, extends its stake in HPM Portfolio Management AG (HPM), Pfaeffikon SZ, Switzerland, from 60 to 100 percent. Next to the full acquisition of HPM the transaction includes the integration of Horizon21 Wealth Management. The transaction is expected to be completed by June 30, 2006. Terms of the acquisition were not disclosed. ...
Zurich (ots) - The World Bank Group announced on World Environment Day 2006 that it has offset 100 percent of its Greenhouse Gas emissions produced by its Washington, D.C. operations and business transportation tracked from its headquarters in fiscal year 2006. Emission credits purchased through the Chicago ...
Euler Hermes Kreditversicherung
- Pictures can be downloaded free of charge under: http://www.presseportal.ch/de/story.htx?firmaid=100009350 - Zurich (ots) - Peter Silberschmidt, Managing Director of ERG (Swiss Export Risk Guarantee), is to join Euler Hermes, Switzerland's leading credit insurer. Peter Silberschmidt has been active ...
Zurich (ots) - Dr. Alex Hinder is to leave Bank Leu at his own request during the next few months. His successor will be announced at a later date. Due to the organizational changes at Bank Leu, Dr. Alex Hinder has decided to leave the Bank during the next few months and take up a new professional challenge elsewhere. He has been Chief Investment Officer since November 1999 and a Member of the Executive Board of Bank Leu since January 2001. The Board of Directors and ...