Apr 30, 2017
LGT has successfully completed the acquisition of ABN AMRO’s private banking business in Hong Kong, Singapore and Dubai announced on 6 December 2016. As a result of the transaction, LGT’s assets under management have grown to about USD 50 billion in Asia (including Middle East) and around USD 180 billion overall as per the end of April 2017.
Apr 11, 2017
LGT Bank Ltd. placed a fixed-rate bond issue of 275 million Swiss francs, thus replacing an upcoming maturity. With the successful launch of this bond, LGT has once again set a strong benchmark in the CHF bond market.
Apr 28, 2017
Investors were more or less disappointed by the U.S. government’s announced tax reform plans and remained cautious. Particularly the unclear reciprocal financing of the tax cuts fueled widespread skepticism.
Apr 27, 2017
U.S. Treasury Secretary Mnuchin outlined President Trump’s praised tax reform. The White House aims to significantly cut taxes and simplify income taxes for legal and natural person. However, the financing of the tax reform and the level of support in the parliament remains unclear.
Apr 26, 2017
Many long-suffering patients live daily with the following roller coaster: They were first diagnosed with their serious condition years ago. After a swiftly implemented course of treatment that initially seemed to work wonders but then became less and less effective, it was complemented and quickly replaced by another treatment method. When this alternative cure then came up against its limits too, a new set of physicians started arguing once again for the original treatment that had long been written off…