News

8/22/08

LGT Group reports net profit of CHF 123 million for the first half-year - implementation of international growth strategy gathers pace

LGT Group, the international wealth and asset management company domiciled in Vaduz (Liechtenstein), achieved a good half-year result in the six months ended 30 June 2008 in a demanding business environment. Group profit stood at CHF 123 million compared with the record CHF 136 million attained in the first half of 2007. Compared to the end of 2007, assets under administration fell by CHF 7.5 billion to CHF 95.3 billion due to market-related factors. Net asset inflow amounted to CHF 335 million.

7/18/08

LGT Group commissions independent investigation of its Treuhand subsidiary in response to allegations

7/8/08

LGT Bank (Switzerland) Ltd: A new standard for Euro-Transfers in Europe

Clients of LGT Bank (Switzerland) Ltd. can enjoy the benefits of the SEPA standard for euro transfers within Switzerland and Europe with immediate effect.

7/2/08

LGT management change

Heinz Nipp to leave LGT on 31 December 2008 after 26 years.

7/1/08

Interim profits on Cayman funds

Interim profits to use as a basis for calculating taxation for many Cayman funds can now be accessed.

6/27/08

"Outflows more than compensated for"

Prince Max von und zu Liechtenstein interviewed by the "Der Standard", the Austrian daily newspaper.

5/23/08

LGT Capital Management, working together with the University of Zurich

LGT, collaborating with the scientific world, is moving on to a new focus on behavioral finance and neurofinance. It has now agreed on a collaborative effort with Prof. Ernst Fehr and Prof. Thorsten Hens, economists at the University of Zurich, within the framework of the "LGT and Science" project.

4/1/08

European Fund Awards 2008

At the seventh European Fund Awards 2008 in Luxembourg - organised by Lipper, FundMarket and D'Wort/La Voix - LGT was awarded «Best Group over 3 Years» in the «Mixed Assets - Small» category. LGT's asset management therefore won one of the most prestigious categories.

4/1/08

LGT strengthens presence in Geneva

LGT has received a banking licence for a branch of LGT Bank (Switzerland) Ltd. in Geneva. The branch, which is the seventh in Switzerland, boosts the presence of the bank of the Princely House of Liechtenstein in Geneva, where LGT already has representative office of LGT Bank in Liechtenstein AG, Vaduz.

3/4/08

LGT Group increases net profit in 2007 by 41% to CHF 255 million and achieves a net new money inflow of CHF 11 billion

Vaduz/Zurich, 4 March 2008. LGT Group attained a very good business result in 2007. It increased net profit by 41% to CHF 254.9 million. Net new money inflow amounted to CHF 11 billion (previous year: CHF 7.5 billion).

2/24/08

LGT: Illegally disclosed data material limited to the client data stolen from LGT Treuhand in 2002

2/15/08

Suspected disclosure of client data stolen in 2002 from LGT Treuhand AG in Vaduz

11/29/07

LGT awarded "summa cum laude" in four countries

8/30/07

Net asset inflow of CHF 6.2 billion - sharp increase in earnings

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