VP Bank reports sharp growth in earnings and strong net new money inflows in the first half-year of 2019
With a gain of 20.5 per cent in group net income, net new money inflows of CHF 1.2 billion und a substantial increase in assets under management of 9.9 per cent to CHF 45.6 billion, VP Bank Group demonstrated a robust performance for the first six months.
Preliminary information: VP Bank increases first-half earnings by around 20 per cent
VP Bank Group is expecting group net income for the first half of 2019 to be substantially higher than the corresponding period of the previous year at around CHF 35 million (as at 30 June 2018: CHF 29.3 million).
VP Bank and Hywin Wealth sign Memorandum to enter into Strategic Collaboration
VP Bank Ltd (Liechtenstein) and Hywin Wealth Management Co. (China), respected pure play wealth managers, announced today their intention to jointly establish a Hong Kong based collaboration platform to meet the demand of wealthy Chinese for sophisticated wealth management services on- and offshore.
At a mature phase of the market cycle, investors are more than usually in need of a compass to guide their decisions. Navigation is especially tricky at present, but careful analysis will help investors to plot an appropriate course.
Paul H. Arni set to be the new CEO of VP Bank Group
The Board of Directors of VP Bank has appointed Paul H. Arni as the new CEO of VP Bank Group. Paul Arni will be taking up his position on 1 October 2019. Until then, Dr Urs Monstein, Chief Operating Officer of VP Bank, will continue to exercise the CEO function on an interim basis.
VP Bank’s buyback of shares on the standard trading line completed
VP Bank has completed the share buyback programme on the standard trading line on SIX Swiss Exchange launched on 27 June 2018. As of 28 June 2019, the Bank holds 9.58 per cent of its own share capital.
VP Bank Rally – starting signal for a unique classic car experience
The first VP Bank Rally is set to be held on 15 and 16 June. The première will entail a unique, challenging rally experience passing through the most beautiful landscapes and featuring culinary and cultural highlights in the region of VP Bank’s headquarters.
The trade dispute between the US and China has escalated. The US policy is not just about balancing the trade deficit with individual countries. The strategic goal is the protection and exclusive use of American intellectual property. What significance do punitive tariffs have for companies and consumers, and what do investors have to keep in mind in this uncertain environment?