Swiss Financial Market Supervisory Authority

Hypothekarbank Lenzburg AG Joins SIX Digital Exchange, Strengthening the Digital Asset Ecosystem in Switzerland

Retrieved on: 
Wednesday, September 27, 2023
Basler Kantonalbank, FINMA, CSD, Swiss Financial Market Supervisory Authority, DLT, Credit Suisse, Central securities depository, UBS, SDX, Ecosystem, SIX, Cryptocurrency

With its fully integrated blockchain-based platform, SDX offers a secure and reliable ecosystem for the issuance, trading, settling, and custody of digital securities.

Key Points: 
  • With its fully integrated blockchain-based platform, SDX offers a secure and reliable ecosystem for the issuance, trading, settling, and custody of digital securities.
  • Joining SDX's CSD marks a milestone for Hypothekarbank Lenzburg on its path to becoming a major player in the Swiss market for tokenized digital assets and bringing native digital securities onto the platform.
  • With SDX's comprehensive infrastructure for various digital securities types, including Digital Bonds and Digital Equities, Hypothekarbank Lenzburg gains access to a single, reliable, and trusted DLT-based platform that fulfils the regulatory requirements.
  • SDX's ecosystem aligns seamlessly with our goals, and we eagerly anticipate this cooperation," says Marianne Wildi, CEO of Hypothekarbank Lenzburg.

NewGAMe investor group announces candidate for GAM CEO and provides funding of up to CHF 100 million

Retrieved on: 
Tuesday, September 26, 2023
GAM (company), Elmar, Swiss Financial Market Supervisory Authority, SWX, GAM, EGM, Rock, Knowledge, Growth, Julius Baer Group, Letter, CHF, Cryptocurrency, Management

The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] ("GAM"), announces Elmar Zumbuehl as its proposed candidate for CEO of GAM.

Key Points: 
  • The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] ("GAM"), announces Elmar Zumbuehl as its proposed candidate for CEO of GAM.
  • Elmar Zumbuehl, a Swiss citizen, joined GAM in 2010 and is currently Chief Risk Officer and a member of the Group Management Board.
  • Rock Investment SAS, a member of the NewGAMe investor group, has already provided short-term financing of up to CHF 20 million to cover GAM’s immediate liquidity needs.
  • We are also thrilled that Elmar has accepted the opportunity to work with the new board as CEO of GAM.

NewGAMe provides update on regulatory filings required to increase GAM shareholding to 20-30%

Retrieved on: 
Monday, September 18, 2023
GAM (company), SWX, GAM, Swiss Financial Market Supervisory Authority, Cryptocurrency

Geneva, 18 September 2023 – The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] ("GAM") announces that it has submitted all regulatory filings to be authorized to hold between 20% and 30% of GAM.

Key Points: 
  • Geneva, 18 September 2023 – The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] ("GAM") announces that it has submitted all regulatory filings to be authorized to hold between 20% and 30% of GAM.
  • The investor group has submitted applications to be authorized to hold between 20 and 30% of the issued share capital of GAM to the following authorities:
    -        Swiss Financial Market Supervisory Authority FINMA;
    -        United Kingdom Financial Conduct Authority;
    NewGAMe expects a decision from the relevant regulators in the near future.

The Swiss Takeover Board rules on NewGAMe's partial offer for GAM shares

Retrieved on: 
Thursday, August 31, 2023
GAM (company), Prospectus, SWX, Rock, GAM, Swiss Financial Market Supervisory Authority, Cryptocurrency

Geneva, 31 August 2023 – The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] ("GAM") welcomes the decision of the Swiss Takeover Board ("TOB") on the investor group's partial offer for up to 28 million GAM shares.

Key Points: 
  • Geneva, 31 August 2023 – The investor group comprised of NewGAMe SA and Bruellan SA, which controls approximately 9.6% of the issued share capital of GAM Holding AG [GAM:SWX] ("GAM") welcomes the decision of the Swiss Takeover Board ("TOB") on the investor group's partial offer for up to 28 million GAM shares.
  • NewGAMe will publish this supplementary information in the coming days.
  • In its decision, the TOB challenged the validity of one of the partial offer's conditions (namely the condition making NewGAMe's partial offer subject to Rock's candidates having been elected to GAM's board at an upcoming general meeting of the company).
  • NewGAMe is reviewing the TOB's decision on this point and has five trading days to appeal the decision before the Swiss Financial Market Supervisory Authority FINMA.

Breaking Barriers: GNB Swiss Investments AG and Reltime introduce World's First Geographically Unrestricted Cross-Border Payments Platform

Retrieved on: 
Monday, August 21, 2023
FINMA, MENASA, Partnership, Swiss Financial Market Supervisory Authority, Cross, Acquisition, Bank, Cryptocurrency

The collaboration between GNB Swiss and Reltime signifies a significant leap forward in the realm of international transactions.

Key Points: 
  • The collaboration between GNB Swiss and Reltime signifies a significant leap forward in the realm of international transactions.
  • Established in 2013, GNB Swiss Investments AG is a renowned private equity investment and project finance firm based in Zurich.
  • Teaming up with Reltime to introduce a highly Economic & Geographically Unrestricted Cross-Border Payments is a testament to our shared dedication to providing transformative solutions," said Hani Salem, Chairman and CEO at GNB Swiss Investments AG.
  • "We are excited to join forces with GNB Swiss Investments AG to introduce a solution that will change the dynamics of cross-border payments," said Marlene Julo, Co-founder and Chair of Board at Reltime.

STMicroelectronics’ Annual General Meeting 2023

Retrieved on: 
Wednesday, May 24, 2023
Transfer, Market, International, Swiss Financial Market Supervisory Authority, Electronics, Supervisory board, AGM, Financial Oversight and Management Board for Puerto Rico, Mass meeting, International Financial Reporting Standards, STM, NYSE, AFM, Property management, Management

Amsterdam, May 24, 2023 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the results related to the voting items of its 2023 Annual General Meeting of Shareholders (the “2023 AGM”), which was held today in Amsterdam, the Netherlands.

Key Points: 
  • Amsterdam, May 24, 2023 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the results related to the voting items of its 2023 Annual General Meeting of Shareholders (the “2023 AGM”), which was held today in Amsterdam, the Netherlands.
  • The adoption of the Company's statutory annual accounts for the year ended December 31, 2022, prepared in accordance with International Financial Reporting Standards (IFRS).
  • The draft minutes of the AGM will be posted on the General Meeting of Shareholders page of the Company’s website (www.st.com) within 30 days following the 2023 AGM.
  • The table below summarizes the full schedule for the quarterly dividend distribution:
    Transfer between New York (NY) and Dutch registered shares restricted:

NewGAMe and Bruellan have notified FINMA of intention to go above 10% threshold in GAM

Retrieved on: 
Tuesday, May 16, 2023
FINMA, GAM (company), AG, GAM, Person, Swiss Financial Market Supervisory Authority, Cryptocurrency

Geneva, 16 May 2023 – The investor group comprised of NewGAMe SA and Bruellan (the "Group"), which controls approximately 8.4% of the issued share capital of GAM Holding AG (“GAM”), has notified the Swiss Financial Market Supervisory Authority ("FINMA") that it intends to go above the threshold of 10% of the voting rights in GAM.

Key Points: 
  • Geneva, 16 May 2023 – The investor group comprised of NewGAMe SA and Bruellan (the "Group"), which controls approximately 8.4% of the issued share capital of GAM Holding AG (“GAM”), has notified the Swiss Financial Market Supervisory Authority ("FINMA") that it intends to go above the threshold of 10% of the voting rights in GAM.
  • Under Swiss law, persons holding directly or indirectly 10% or more in a fund management company (such as GAM Investment Management (Switzerland) AG, GAM's subsidiary) must notify FINMA.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Credit Suisse Group AG of Class Action Lawsuit and Upcoming Deadline – CS

Retrieved on: 
Friday, May 5, 2023
Defendant, FINMA, LLP, Reuters, Interview, ADS, Swiss Financial Market Supervisory Authority, Risk management, CS, Exchange, National bank, Person, Credit Suisse, Ext, Saudi National Bank, SEC Rule 10b-5, District court, Annual report, Financial Times, Risk, Action Replay, Complaint, Court, UBS, Security (finance), Form 6-K, Pomerantz, Credit, NYSE, News, Bloomberg Television, Cryptocurrency

NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS), and certain officers.

Key Points: 
  • NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Credit Suisse Group AG (“Credit Suisse” or the “Company”) (NYSE: CS), and certain officers.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Credit Suisse, together with its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Kessler Topaz Meltzer & Check, LLP Reminds Credit Suisse AG Investors of Securities Fraud Class Action Lawsuit Filed against Credit Suisse Group AG (CS) and Urges CS Investors with Substantial Losses to Contact the Firm

Retrieved on: 
Wednesday, May 3, 2023
Lehmann, Insurance, LLP, Reuters, COPY, Interview, ADS, Swiss Financial Market Supervisory Authority, E pluribus unum, Lead, CS, National bank, Credit Suisse, Union Bank of Switzerland, Saudi National Bank, District court, Financial Times, Risk, Court, Form 6-K, Annual report, Credit, News, NYSE, Union Bank, Bloomberg Television, Cryptocurrency

The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.

Key Points: 
  • The complaints charge Credit Suisse with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects.
  • As a result of Credit Suisse’s materially misleading statements and omissions to the public, Credit Suisse’s investors have suffered significant losses.
  • Kessler Topaz Meltzer & Check, LLP encourages Credit Suisse investors who have suffered significant losses to contact the firm directly to acquire more information.
  • The first class action complaint against Credit Suisse, Calhoun v. Credit Suisse Group AG, et al.

Clemens Markstein to become CEO of Baloise in Switzerland

Retrieved on: 
Friday, April 28, 2023
Product management, Insurance, FINMA, Operation, University, Wharton School of the University of Pennsylvania, Marketing, Head, Swiss Financial Market Supervisory Authority, INI, University of St. Gallen, Paramount International Networks, Karlsruhe Institute of Technology, Allianz, Bâloise, Corporation, Executive Committee, Executive Committee of the Communist International, INSEAD, Management

The Board of Directors of Bâloise Holding AG has appointed Clemens Markstein (52) as the new CEO of Baloise in Switzerland and as a member of the Corporate Executive Committee of the Baloise Group.

Key Points: 
  • The Board of Directors of Bâloise Holding AG has appointed Clemens Markstein (52) as the new CEO of Baloise in Switzerland and as a member of the Corporate Executive Committee of the Baloise Group.
  • Clemens Markstein succeeds Michael Müller, who is taking over as CEO of the Baloise Group from Gert De Winter.
  • Clemens Markstein joined the Executive Committee of Baloise’s Corporate Division Switzerland in 2009 as Head of Product Management for Corporate Clients.
  • We look forward to accompanying him on this journey.”
    Clemens Markstein will take up his new role as CEO of Baloise in Switzerland with effect from 1 July 2023.