Media Releases

VP Bank with new management structure

The first-half 2010 financial results of VP Bank Group are evidence of the persistently difficult market environment. VP Bank is responding to these developments by adopting a more client-oriented, leaner and more efficient management structure. Growth initiatives and further measures to enhance efficiency are also planned.

Annual general meeting of VP Bank: All motions approved

At the 47th annual general meeting of VP Bank, all motions put to a vote by the Board of Directors were approved.

VP Bank Group 2009 Annual Results: Consolidated Net Income of CHF 59.8 Million

VP Bank Group recorded a group net income of CHF 59.8 million for 2009, a considerable proportion of which was attributable to its own financial investments.

VP Bank and LLB join Forces in Logistics and IT

Joint projects to go ahead at once

Liechtensteinische Landesbank (LLB) and VP Bank agree to co-operate in matters of logistics and information technology. Using synergies and achieving economies of scale in the sectors of “Print and Dispatch” and “Computer Centers” reduces costs. Initial projects will be launched during 2010 and implemented at the banks’ location in Liechtenstein. Further cooperative relationships are being examined in other service areas.

Roger H. Hartmann Becomes New CEO of VP Bank Group

Verwaltungs- und Privat-Bank Aktiengesellschaft’s Board of Directors has chosen Roger H. Hartmann as VP Bank Group’s new Chief Executive Officer.

Elite Report 2010: VP Bank again receives "summa cum laude" top ranking

VP Bank in Vaduz, VP Bank (Switzerland) AG and VP Vermögens- verwaltung GmbH in Munich have again been awarded the highest ranking in the Elite Report 2010, thereby confirming VP Bank’s leading position in the major league of European private banks.

VP Bank again among the leaders with its Annual Report 2008

The financial reporting segment of the VP Bank Group’s 2008 annual report has been ranked 4th for quality among all major Swiss and Liechtenstein annual reports for the past year.

VP Bank Group Reports First-Half 2009 Consolidated Net Income of CHF 26.9 Million

The 2009 semi-annual financial results of VP Bank Group have been influenced by the challenging circumstances in the financial sector. The Group’s cost-saving measures are gaining traction and its equity base has strengthened. After 26 years of service to the company, eleven of which in the position of Chief Executive Officer, Adolf E. Real leaves VP Bank Group.

VP Bank's Annual Report Wins International Award

VP Bank's 2008 Annual Report has won a Gold Award in the "Vision Awards" international competition for annual reports.

VP Bank rated “good” in international ranking of asset managers

VP Bank received high marks for the quality of its private banking in an international performance review conducted by the German business magazine “€uro”.

Family Offices in Asia

VP Bank presents inaugural study on «Family Offices in Asia»

VP Bank Group 2008 half-year results

VP Bank Group 2008 half-year results – modest decline in operating earnings due to a difficult market environment and large investments

VP Bank receives banking license in Singapore

The MAS (Monetary Authority of Singapore) has granted the VP Bank Group a merchant banking license in Singapore. VP Wealth Management (Singapore) Ltd. has been converted into VP Bank (Singapore) Ltd.

VP Bank (Luxembourg) S.A. acquires financial interest in fund promoter company

VP Bank (Luxembourg) S.A., a subsidiary of Liechtenstein-based Verwaltungs- und Privat-Bank Aktiengesellschaft, has acquired a 20 percent equity interest in VAM Corporate Holding Ltd., a fund promoter company domiciled in Mauritius.

45th Ordinary Annual General Meeting of VP Bank

The 751 shareholders in attendance voted in favor of all motions put forward by the Board of Directors of VP Bank and granted release to its members, the Group Executive Management and the statutory and Group auditors.

VP Bank receives license in Singapore for asset management company

Bank has opened an asset management company in Singapore: VP Wealth Management (Singapore) Limited.

Elite Report 2008: Top ranking «summa cum laude» for VP Bank

VP Bank in Vaduz, VP Bank (Switzerland) Ltd., as well as VP Vermögensverwaltung GmbH in Munich have once again received the highest ranking in the Elite Report 2008.

Markus Stadlmann to leave VP Bank Group

Markus Stadlmann, Chief Investment Officer of the VP Bank Group, has opted to leave the VP Bank Group to pursue a new professional challenge.

VP Bank receives Hong Kong license to operate asset management company

VP Bank has opened an asset management company in Hong Kong, VP Wealth Management (Hong Kong) Limited.

Alexander Boss new member of IFOS Management Committee

Alexander Boss has been appointed as a new member of the Management Committee of IFOS Internationale Fonds Service AG, a wholly owned subsidiary of the VP Bank Group.

Elite Report 2007: top marks «summa cum laude» for VP Bank

This year, VP Bank in Vaduz, VP Bank (Schweiz) AG in Zurich and VP Vermögensverwaltung GmbH in Munich were all awarded top marks «summa cum laude» in the Elite Report.

Tanja Gartmann new Head of Communications at VP Bank

The Group Executive Management at VP Bank has named Tanja Gartmann as the new Head of Corporate Communications.

VP Bank Group: expansion in Middle East and Asia and evaluation of a new banking software

The VP Bank Group stands at the threshold of an expansion in Middle and Far East. To enable that, the Bank plans to submit formal requests for approval to commence business activities in Singapore and Dubai.

VP Bank Group first-half results for 2006 – strong growth in profit and new client money

For the first six months of 2006, the VP Bank Group recorded a 29 percent increase in consolidated net income to CHF 73.2 million as well as a CHF 1.1 billion net inflow of new client money.

Head of Corporate Communications, to leave VP Bank Group

Kim-My Schefer, Head of Corporate Communications, has decided to accept a new professional challenge and will leave the VP Bank Group.

VP Bank Group first-half 2005 results

The VP Bank Group recorded a first-half 2005 consolidated net profit of CHF 55.3 million (30.06.2004: CHF 48.3 million), representing a 14.5 percent increase over the comparable prior-year period.

New member of Management Board

Effective January 1, 2006, Paul Harr will join VP Bank (Luxembourg) S.A. as a new member of its Board of Management.

Pol Kenens to join the Board of Management in January 2006

The head of Private Banking at VP Bank (Luxembourg) S.A., Pol Kenens, is to become a member of the bank’s Board of Management effective January 1, 2006.

VP Bank Alpine Rallye for Classic Cars in Arosa

Effective immediately, Switzerland is one motor-sport attraction richer. Between August 25 and 28, 2005, Arosa will be the site of the 1st International VP Bank Alpine Rallye for Classic Cars.

42nd Ordinary Annual Shareholders Meeting of VP Bank

At today’s annual shareholders meeting of VP Bank, shareholders approved all motions proposed by the Board of Directors.

VP Bank reports higher first-half 2004 consolidated profit

For the first half of 2004, the VP Bank Group recorded a consolidated net profit of CHF 46.0 million, representing 4.8 percent increase in comparison to the prior-year period (30.6.2003: CHF 43.9 million).

VP Bank (Schweiz) AG: Change in personnel

Urs Müller, member of the Board of Management of VP Bank (Schweiz) AG, has decided to pursue another challenge within the VP Group, effective immediately.

41st Ordinary Annual Shareholders Meeting of VP Bank

At the annual shareholders meeting of VP Bank, shareholders approved all motions proposed by the Board of Directors.

VP Bank Group reports significant increase in net profit

Developments in the global financial markets, along with measures aimed at ensuring continual growth and solid profitability, had a favourable impact on the 2003 annual results of the VP Bank Group.

VP Bank to sponsor Warhol exhibit at Museum of Art

In an exhibit entitled “Andy Warhol – The Late Work”, which will run from June 13 through September 12, 2004, the Liechtenstein Museum of Art will be showing a representative selection of latter-year works by the master of pop art, Andy Warhol.

VP Bank Group: Clearly improved first-half 2003 results

Measures aimed at reinforcing sustainable growth and a healthy profit situation had a favourable impact on VP Bank Group’s financial results for the first six months of 2003.

VP Bank Group to repurchase block of own shares from BZ Group Holding

Capital decrease – Continued solid balance sheet and high shareholders’
equity.

Management Change

As of March 31, 2003, Anton Engler – Chairman of the Executive Board of VP Bank (Luxembourg) S.A., a subsidiary of Verwaltungs- und Privat-Bank Aktiengesellschaft, Vaduz (FL) – will be taking early retirement.