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05-07-2010
Vontobel combines activities in Germany within Bank Vontobel Europe AG
The Vontobel Group, which is headquartered in Switzerland, has consolidated its market presence in Germany - its second domestic market - and will operate there under
the name 'Bank Vontobel Europe AG' in future. The newly completed merger of Vontobel Securities AG in Cologne and Vontobel Europe S.A. in Frankfurt has enabled the Swiss bank
to combine its Private Banking, Asset Management and Investment Banking activities in Germany within a single entity.
"This integration represents an important milestone in our efforts to target the German market using a coordinated approach. As well as increasing our proximity to clients,
it will help Vontobel to significantly enhance the efficiency of its operations in Germany," stated Frank Wieser, Head of Vontobel Germany. The future Management Board of
Bank Vontobel Europe AG comprises: Frank Wieser (Managing Director), Alois Ebner, Andreas Heinrichs, Richard Zweng and Matthias Klein.
The three-member Supervisory Board is chaired by Herbert J. Scheidt, CEO of the Vontobel Group. Bank Vontobel Europe AG has EUR 50 million of equity capital and was granted a
full banking licence by the German Federal Financial Supervisory Authority (BaFin) in early 2009. Vontobel has been serving clients in Germany from its branches in Munich,
Frankfurt and Cologne since 2002 and from Hamburg since the end of 2008. With its Private Banking, Asset Management and Investment Banking businesses, Vontobel now offers the full
range of banking services from a single source.
Vontobel Group
The Vontobel Group is an internationally-oriented Swiss private bank. The family-owned bank was first established in Zurich in 1924. Vontobel specializes in wealth management for
private clients and asset management for institutional investors, as well as investment banking. At the end of December 2009, the Group held around CHF 115 bn of assets. More
than 1,400 employees worldwide provide first-rate, customized services for clients with an international focus. The registered shares of Vontobel Holding AG are listed on the SIX
Swiss Exchange. The Vontobel families and the Vontobel Foundation hold the majority of shares and votes in the company.
Contacts
Media Relations Germany: Marie-Luise Hoffmann +49 (0)173 296 8367
Media Relations Switzerland: Michael Pfister +41
(0)58 283 72 24
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