Media Relations

Following the completion of the acquisition of BSI on 31 October 2016 and in order to agree the final price for BSI, EFG International and BTG Pactual have been in discussion in relation to the closing accounts for BSI as at that date. EFG International and BTG Pactual have now agreed that the final price to be paid for BSI willcomprise the 86.2 million EFG International shares and CHF 31 million of EFG International AT1 instruments already issued at completion (both unchanged) and a cash consideration of CHF 486 million. Based on the EFG International share price of CHF 5.27 as at closing, the final price is equivalent to CHF 971 million (vs. CHF 1,060 million estimated as at 31 October 2016).

EFG International today announces that it has completed the legal and operational integration of BSI in Monaco by way of a merger. This marks the final step in the legal integration of the BSI entities into EFG, achieved on schedule.

EFG International today announces that Marcelo Coscarelli, Member of the Executive Committee, will assume responsibility for the Latin America Region as of 1 J uly 2017 bringing the region under one sole leadership. Gerald Robert, current Head of Latin America Region and a Member of the Executive Committee, has decided to step down from these roles and will retire from the company.

EFG International today announces that Michael Vlahovic has been appointed Head of Private Banking UK, effective 1 July 2017, subject to regulatory approval. He will be based in London and will directly report to Anthony Cooke-Yarborough, Head of UK Region and member of EFG International’s Executive Committee.

EFG International announces that BSI has received a notification by Banca d’Italia requesting the implementation of certain measures, which may result in a closure of the BSI offices in Milan and Como. The measures relate to alleged administrative weaknesses pre-dating the completion of EFG’s acquisition of BSI. EFG is assessing the legal situation and is in contact with Banca d’Italia, inter alia because the policies, procedures and other measures enacted upon completion of the acquisition of BSI by EFG in November 2016 have not been considered. The BSI Milan and Como offices, which focus on onshore services, combine less than CHF 1 billion in assets under management.

EFG International today announces that it has completed the legal and operational integration of BSI in Luxembourg by way of a merger, including the BSI branch in Italy.

EFG International hält heute um 14.30 Uhr MESZ in Zürich ihre ordentliche Generalversammlung ab. In diesem Zusammenhang berichtet EFG auch über den aktuellen Stand des Integrationsprozesses und die Entwicklung des Geschäfts im ersten Quartal 2017.

At today’s Annual General Meeting, EFG International’s shareholders approved the management report, the financial statements and the consolidated financial statements for the financial year 2016.

EFG International gibt den Abschluss der rechtlichen Integration des Schweizer Geschäfts von BSI bekannt und lanciert ihre erneuerte Marke

EFG International gibt heute bekannt, dass die rechtliche Integration des praktisch gesamten Schweizer Geschäfts von BSI SA in die EFG Bank AG, eine 100%ige Tochtergesellschaft von EFG International, abgeschlossen ist. Gleichzeitig wurde die erneuerte Marke EFG lanciert.

EFG International gibt die Traktanden für die ordentliche Generalversammlung bekannt

EFG International veröffentlichte heute ihre Einladung zur ordentlichen Generalversammlung am 28. April 2017.

EFG International (Guernsey) Limited successfully places Tier 2 regulatory capital

EFG International announces that USD 400 million of Tier 2 Resettable Subordinated Notes due 2027 issued by EFG International (Guernsey) Limited and guaranteed by EFG International AG on a subordinated basis have been placed with investors.

EFG International gibt Änderung im Führungsteam bekannt

Wie EFG International heute mitteilt, wurde Franco Polloni zum Head of Central Switzerland, Ticino & Italy Region und Mitglied der Geschäftsleitung ernannt, mit Wirkung spätestens per 1. August 2017. Er wird auf Renato Santi folgen, der das Unternehmen verlassen wird, wenn die für April 2017 geplante Integration des Schweizer Geschäfts von BSI in EFG vollzogen ist.

EFG International gibt Jahresergebnis 2016 bekannt