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EFG International announces changes to its Global Business Committee

EFG International is today announcing that Patrick Ramsey has been appointed as new Head of Continental Europe & Middle East Region and member of the Global Business Committee, effective January 2021. In this role, he will succeed Adrian Kyriazi, who has decided to step down as of year-end.

25 November 2020

EFG International proposes payment of second tranche of dividend, comments on business performance and announces changes to its Board of Directors

EFG International today published the invitation to its Extraordinary General Meeting (EGM) on 08 December 2020, where shareholders will vote on the distribution of the second tranche of the 2019 dividend of CHF 0.15 per share. EFG today also provides an update on its financial performance and announces changes to its Board of Directors. Spiro J. Latsis has decided not to stand for re-election to the Board of Directors at the next Annual General Meeting in April 2021. As part of the long-term succession planning, John S. Latsis will take over the role as principal representative of the majority shareholder. In addition, Ilan Hayim is nominated as a new member of the Board for election at the EGM.

11 November 2020

FINMA decision in BSI legacy case

In the context of a former BSI’s legacy case regarding the 1MDB matter, predating the acquisition of BSI by EFG International in 2016, EFG takes note of FINMA’s decision to reset the profit disgorgement from CHF 95 million to CHF 70 million. EFG’s financial results will not be impacted.

22 October 2020

EFG International enters into an agreement to transfer its Ticino-based retail business to BancaStato

EFG International is today announcing that it has agreed to transfer its Ticino-based retail business lines, with around CHF 1.2 billion of client assets, to Banca dello Stato del Cantone Ticino (BancaStato). The two parties are also committed to exploring further areas of collaboration in Ticino in the future.

30 September 2020

EFG grows its business with 5.5% NNA increase; net profit up by 10.5% year on year

In the first half of 2020, EFG successfully demonstrated its operational and financial resilience and achieved profitable growth while executing its 2022 strategic plan, against the backdrop of the coronavirus pandemic (COVID-19).

22 July 2020

EFG International concludes share buyback programme

EFG International AG today announces the completion of the repurchase programme for its own registered shares as initially communicated on 31 May 2019.

30 June 2020
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