Lugano (ots) - The operation sees the creation of a major Swiss
Private Banking group, with assets under management totalling CHF 94
billion and shareholders' equity of around CHF 2.3 billion.
Today saw the merger of Banca del Gottardo into BSI (Generali
Group), according to the schedule and plans set out at the time of
the acquisition in November 2007. From today, all activities
previously carried out by Banca del Gottardo will now be carried out
under the BSI brand name.
The merger has created one of the leading Swiss groups
specialising in Private Banking, with assets under management of CHF
94 billion, 2,000 employees, headquartered in Lugano, Switzerland,
and operations in the main markets of Switzerland (including Zurich
and Geneva), Europe (Paris, Madrid, Montecarlo and Luxembourg) and
outside Europe (Asia and Latin America). The new bank also has
shareholders' equity of around CHF 2.3 billion.
The acquisition of Banca del Gottardo - after those of Ifabanque
SA in Paris in 2005 and Banca Unione di Credito in Lugano in 2006 -
aims to create a banking group of international standing in the
professional asset management sector, with strong roots in
Switzerland and Europe and operations in the most economically
dynamic regions of the world.
The new Board of Directors of BSI AG consists of Giorgio
Ghiringhelli (Chairman), Giovanni Perissinotto (Vice-chairman),
Antoine Bernheim, Luigi Butti, Tiziano Moccetti, Nicola Mordasini and
The new Executive Board comprises Alfredo Gysi (Chairman), Beat
Ammann, Gianni Aprile, Roberto Botta, Eugenio Brianti, Stefano
Coduri, Agostino Ferrazzini, Christian Ferry, Stefano Loffredi,
François Noverraz, Vincenzo Piantedosi, Franco Polloni and Rajiv
BSI AG was founded in Lugano, Switzerland, in 1873, and is the
oldest bank in the canton of Ticino. Since 1998 it has been
100%-controlled by the Generali Insurance Group. BSI specialises in
asset management and related services for private and institutional
clients, and is present in the major financial markets worldwide.
ots Originaltext: BSI SA
Chantal Stampanoni Koeferli