Lugano (ots) - Considerable inflow of net new money: CHF 6.7 billion (+8.8%). CHF 77.7 billion in assets under management - Considerable inflow of net new money: CHF 6.7 billion (+8.8%). Assets under management stood at CHF 77.7 billion, up 1.9% despite the appreciation of the Swiss franc and the continuing negative trend on the financial markets - Continued successful expansion in fast-growing markets: Asia, Latin ...
BSI AG (Generali) obtains CBB licence and opens its representative office in the Kingdom of Bahrain. Manama, Bahrain (ots) - The Central Bank of Bahrain (CBB) has granted a license to BSI AG (Generali), a major Swiss Private Banking group, with assets under management totaling CHF 94 billion and shareholders equity of around CHF 2.3 billion, to establish an office in Bahrain. BSI AG (Generali), headquartered in Lugano, Switzerland, is incorporated under the laws of ...
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 ...
- Indication: Key figures for the balance sheet and income statement can be downloaded free of charge under: http://www.presseportal.ch/de/pm/100000145/?langid=2 - Lugano (ots) - Banca del Gottardo celebrated the year of its fiftieth anniversary, which was also its last full financial year as an independent company, with a very ...
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 ...
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 ...
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 ...
Lugano, Lausanne, Brussels, Utrecht (ots) - Banca del Gottardo and Fortis announced today that the Belgian-Dutch financial services group acquires 100% of the share capital of Dreieck Industrie Leasing AG from the Lugano-based bank for CHF 99 million (EUR 64 million). The sale of Dreieck Industrie Leasing represents a further step in Banca del Gottardo's strategy to focus on private banking activities. With this ...
Lugano/Geneva (ots) - Acquisition Expands Banque Jacob Safra's Private Banking Business Into Monaco. Sale Represents Additional Step in Banca del Gottardo's Strategy Implementation. Banque Jacob Safra (Suisse) SA, headquartered in Geneva, and Banca del Gottardo, headquartered in Lugano, today announced an agreement under which Banque Jacob Safra (Suisse) will ...
- Notification: pictures you can find under: http://www.presseportal.ch/de/story.htx?firmaid=100000145 - Lugano (ots) Rolf W. Aeberli Swiss citizen Born on 11 March 1959 Married with 2 children Education 1998University of Michigan, USA Executive Program 1989 University of Zurich PhD in Economics 1986University of Zurich Masters in ...
Lugano (ots) - Ladies and Gentlemen At the time when I joined Banca del Gottardo over seven years ago, the bank was undergoing a change of ownership with the transfer from Sumitomo Bank to Swiss Life. This also marked the beginning of a particularly optimistic phase of vigorous expansion. For reasons which you are all too familiar with, this was followed by a period of market consolidation that affected the entire ...
Lugano (ots) - Banca del Gottardo is to focus more strongly on the private banking business and the Swiss and Italian markets. The new strategic direction will be accompanied by personnel and organisational changes. The present Chief Executive Officer, Marco J. Netzer has decided to leave the Ticino bank during 2006. The Chief Financial Officer of the Julius Baer ...
Lugano (ots) - The Banca del Gottardo Group posted a net profit of CHF 44.2 million in the first six months of 2005 versus CHF 44.3 million for the same period last year. Thus first-half results equalled the solid results recorded for the same period last year. Income from trading operations rose 11.6%. Net revenues were CHF 236.9 million (CHF 239.4 million ...
Lugano (ots) - After having received the necessary licences, Banca del Gottardo has recently launched private banking operations in Spain. Gottardo Gestión S.G.I.I.C SA is focused on investment fund management while Gottardo Patrimonios A.V. SA is active in financial market brokerage and offers comprehensive wealth management services, including fiscal and corporate advisory. The offices are located in Madrid, in ...
Lugano (ots) - The Banca del Gottardo Group posted a net profit of 71 million Swiss francs in 2004 (down 17% from a year earlier) and recurrent income (before extraordinary items and taxes) of 78 million Swiss francs (+2%). Assets under management rose 7% to 41.1 billion francs. The group continued its strategy of expanding in onshore markets. Following its complete acquisition by the bank, French asset management ...
Lugano (ots) - After 15 years spent at the helm of Banca del Gottardo as Chairman of the Board, Claudio Generali will not stand for reelection for another term. At the next general meeting of shareholders on 29 April 2005, Felix R. Ehrat will be ...
Lugano (ots) - Banca del Gottardo posted an operating profit of CHF 59.6 million (before extraordinary items and taxes) in the first half of 2004 (+11% year-on-year). The bank is thus well on its way to achieving its budgeted results for the 2004 financial year. Assets under management grew by 2.2% to CHF 39.4 billion. On 30 March 2004, Swiss Life announced that ...
Lugano (ots) - Banca del Gottardo has signed a sponsoring contract with the race walker Marie Polli of the Lugano Athletic Club's (SAL Lugano) Competitive Walking and Walking division. Ms Polli recently qualified in her sport for next month's Olympic Games in Athens. Banca del Gottardo announces that it has signed a sponsoring contract with the Ticinese athlete Marie Polli. In the past few years, Ms Polli has ...
Banca del Gottardo, Lugano, is acquiring one hundred per cent of share capital in Oudart Group SA, a Paris asset management company, of which Gottardo has been reference shareholder since 1999. Lugano (ots) - On 25 May 2004, Banca del Gottardo exercised its option to acquire the remaining 61% of share capital in the asset management company Oudart SA, Paris. The operation is part of the Bank's strategic planning which ...
Lugano (ots) - After a successful career of 31 years at Banca del Gottardo, Tiziano Pellandini, General Manager, will retire on 30 April 2004. Ivan Guidi joined the extended Executive Board of the bank in January 2004. As Deputy General Manager he is responsible for "Wealth Management Services". Banca del Gottardo, with head office in Lugano (Switzerland), operates through a well expanded national and international ...
Lugano (ots) - The BSI Group posted positive results in 2003. Gross operating profit reached CHF 128 million, income came in at CHF 387 million and expenses for the year fell to CHF 259 million. Net profit for the year was CHF 93.5 million. In addition to these solid results, assets under management climbed from CHF 42 billion to CHF 44.3 billion. Dr. Giorgio Ghiringhelli will succeed Dr. Hugo von der Crone as Chairman ...
Lugano (ots) - 2003 annual results of Banca del Gottardo for 2003 beat expectations, with all main business sectors making positive contributions. Consolidated net profit was 85 million francs. As at 31 December the bank had 38.5 billion francs in assets under management. Financial results recovered strongly in 2003 compared with the previous two fiscal years. Gross profit was 174 million francs, a 54% increase ...
Indication: A copy of The Sunday Times' article can be downloaded as pdf under www.newsaktuell.ch/ The British newspaper Sunday Times this week corrected its allegations that Banca del Gottardo had held assets belonging to members of the Saddam Hussein regime during the nineties. ...
Lugano (ots) - The general meeting of shareholders of Banca del Gottardo Italia approves a recapitalisation from EUR 25 million to EUR 50 million. Rocco Benetton acquires a 4% stake in the company and is elected to the Board of Directors. Rocco Benetton, the youngest son of Luciano Benetton, has become ...
Lugano (ots) - Banca del Gottardo positively closed the first semester of 2003 with consolidated net income of 54 million Swiss francs. Despite a generally still unfavourable economic and financial environment, operating revenues progressed by 7% against the first six months of the previous year, reaching 240 million francs. Costs, for their part, declined markedly ...